After the exponential rise in the companies share price TMS caught up with Neill Ricketts on his return from his 4-day whistle stop tour of China, The company CEO has certainly stood his corner detractors in the market assume Ricketts spends too much time virtue signaling rather than building a credible business.
A non-binding LOI has been entered into by Versarien together with the Shandong Institute of Industrial Technology Fund, Jinan Qing Na Material Technology Co Ltd
The LOI envisages as a first stage the establishment of a 100,000 square foot manufacturing facility to produce and sell Versarien‘s proprietary Nanene few-layer graphene nano-platelets. Versarien will provide its intellectual property (IP) on a licensed basis together with production know-how, whilst the other joint venture partners will provide the factory and funding for plant and equipment.
