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Woodford Revolutionary Pharma-Dog Verseon launches blockchain nonsense. (PS- have you got $10m Neil?)

By Nigel Somerville | Monday 18 March 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


In my piece of 24 January I predicted that AIM-listed Neil Woodford dog Verseon (VERS, but formerly VSN) would need more cash and this morning it announced its intention to raise $10 million through a subscription “for working capital” (yeah, more like ongoing losses…) Oh, and it wants to raise funds from a global investor base into its new blockchain security. Oh goodie, where do I sign up?!

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