RE: Open Letter to The Board16 Sep 2025 19:27
Board meeting 9am tomorrow, offer on the table for the Graphene business the IP, RTO a possibility with huge dilution but the IP part of the business is I’ll be saved. Everything else will be put into administration.
If the board agree tomorrow, and EGM will be called for shareholders to vote on the deal, which means that there will be dilution but VRS will be around in a match more slimmed down version but we live to fight another day.
What this does to shareholders investment is another story, and the hope is, the new board can turn around the Graphene business and sell the licensing of the Graphene IP