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Under the option agreement, ValiRx will receive 576,000 shares in Ambrose, with clinical and commercial milestone payments to be made to ValiSeek totalling up to GBP16 million plus royalties.

The initial £6 million milestones are payable in cash or the equivalent value in new shares in Ambrose.

~Ambrose will meet all future patent costs and has committed to completing the development and commercialisation of VAL401, ValiRx added."

It looks to me like this is a sell-out to Ambrose, who is now in the driving seat and has the money to take it forward.

Done deal!

Should be some good Val SP gains from here on

What is there not to like? Another set of great results.

I don't know why SP is discounted; most brokers handle Nasdaq shares so what's the problem?

Looks like a credible joint venture to me. Huge upside potential imo.

Expensive Tesla directors with no real income can only mean the company will go bankrupt unless finance is soon raised, pulling out of Aim is a last resort. If you still hold shares you need to believe a backer will soon be found and another market to trade them.

This was an intentional move to crash the SP, even if it was to attract finance there was no need to delist.

Very high risk to buy more with no future market .

There is nothing positive any news which clobbers stockholders holdings.

I also had great hopes of the directors but pulling out of the market is the most careless way to respect stockholders; almost legal robbery.

There is no guarantee they will re-list and when, so we have been shafted.

There are no surprises here, all good news, even better than when the SP was .25

Big funding is incoming! Absolute bargain at .1 p

The SP is still above where it was a month ago, most of the impatient AIM speculators have drifted away. I don't see this going much lower; it's not a question of if the SP will bounce again but when.

Still huge potential here, especially now that a manufacturing agreement has been agreed for three initial ranges of Pareta motors; backed by a high-quality Tesla/ Norwegian team.

Only six months ago, investors were expecting a .2p pop when just a prototype was announced. It's gone beyond that and is still under .1P

I agree the IP is worth something, it is quite unusual to see a lot of Auto trades, unlike HE1 which is only private investor trades it looks like there could be some corporate interest here.

I will repeat what I said before. Versarien has nine subsidiaries operating under two divisions. if you think VRS is a dead duck, stay well clear, but if you feel the company's 3D concrete printing or Graphene technology is about to catch on; there is hope! The SP has risen for the last 3 days against the market so it would appear many investors agree.

Steady SP rise against the market yesterday, expect it to continue today.

LoL if there are too many other things happening in the market, shorters like you don't need to waste your time here.

Begone with you, before you get burned.

Versarien has nine subsidiaries operating under two divisions. if you think VRS is going broke, stay well clear, but if you feel the company's 3D concrete printing or Graphene technology is about to catch on; fill your boots!

The truth might be somewhere in between so not a bad bet at these incredibly low prices.

I've made a lot of money when the government gives an Aim company a loan.

DYOR, AIM is all about being in the right place at the right time.

If anything they will grant Vesarien more, so no worries there.

I dont think the government want to shut down any Make Britain Great again business.

They owe 5 million plus interest!!! Where did you get that figure from?

It's peanuts for any large construction company looking to 3D print concrete.

The company is restructuring its operations to be more cash-generative. A 50% reduction in losses last year with another 4.6 millions of orders in the pipeline. If the showcase contract with Building For Humanity is a success (46 high-quality homes) The company's future of providing 3D construction printing (3DCP) is potentially huge worldwide!

Stephen Hodge, Chief Executive Officer of Versarien, commented:

“The re-focussing of the business to its core graphene technology combined with a manufacturing-light

approach is beginning to bear fruit financially with losses continuing to fall. We have a number of parties

showing initial interest in licensing our technology as well as progressing our strategic relationships in core

areas particularly construction including 3D concrete printing. We remain optimistic about the future as we

continue to streamline our operations, capitalise on our strategic partnerships and drive technological

advancements.”