Selling more shares
https://www.verses.ai/news/verses-announces-pricing-of-public-offering-of-units

These guys have no plan to manage costs...

Several years of look over here, but still no finished product 

Gotta have a product / service to sell. Unless your Elon Musk no one gets to keep delaying and raising money. I lost confidence in these guys and sold months ago

And just like expected a reverse split:
VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”) a cognitive computing company specializing in next-generation intelligent software systems, is pleased to announce the consolidation of its Class A Subordinated Voting Shares in connection with an application to uplist such shares on the Nasdaq Capital Market (“Nasdaq”). 
As part of the planned uplisting, the Company is consolidating all issued and outstanding Class A Subordinate Voting Shares (“Subordinated Voting Shares”) on the basis of one (1) post-consolidated Subordinated Voting Share for every nine (9) pre-consolidated Subordinated Voting Share held (the “Consolidation”).
“The consolidation is one of many initiatives that the Company is implementing in preparation for our intended uplisting to Nasdaq, which we believe is the next logical step in the Company’s growth journey,” stated Gabriel René, Founder and Chief Executive Officer of Verses. “We believe a listing on the Nasdaq, a major global exchange, aligns with the strategy and vision for the Company and will enhance our visibility, provide access to a larger pool of capital, attract a more diverse group of global shareholders and improve overall liquidity.”
The Consolidation is intended to increase the quoted per share price of the Company's Subordinate Voting Shares to satisfy Nasdaq’s initial listing requirement and to align the Company with trading fundamentals of its peers, improve liquidity and attract greater investment participation from a more diverse and larger set of investors. 
The Company's board of directors approved the Consolidation on March 3, 2025, and have set March 27, 2025 as the record date of the Consolidation. Trading of the Subordinate Voting Shares on a post-Consolidation basis on Cboe Canada Inc. (“Cboe”) is expected to commence on or about March 27, 2025. The new CUSIP number for the Subordinate Voting Shares will be 92539Q406 and the new ISIN number will be CA92539Q4060. The Company's name and stock symbol will remain unchanged following the Consolidation.
As of the date hereof, the Company currently has 211,290,407 Subordinate Voting Shares issued and outstanding. The Consolidation will reduce the number of outstanding Subordinate Voting Shares to approximately 23,476,711 Subordinate Voting Shares issued and outstanding.

Gotta be honest, there some weird postings on this company. They rush to put out press releases all the time, with no real progress. These guys have diluted from ~80 m shares to over 205m shares in less than a year. And yet they still don't have their product ready to sell. 

I'm not sure what all this hype is about? Also there are people on this board who won't disclose whether they are being paid by the company. I would just ask retail investors to be really careful.

Private company that's constantly fundraising & hasn't become profitable yet or released its product. Feels like we've been getting these smoke screens for awhile now.

Didn't you just say you bought more? Respectfully, I'm a little confused by your investment philosophy.

So minimum $33m per month? Interesting? I'd love to see them be be break even.

Are you being compensated by Verses?

This might be a good read for you:

https://www.ftc.gov/business-guidance/resources/ftcs-endorsement-guides-what-people-are-asking

Part of the reason I bailed. What do we really know about this company? They're paying "influencers" like einstock and potential robinand7hoods. They over promise, underdeliver & dilute like crazy (doubled share count in under a year). If these guys weren't in AI would anyone take them seriously? They've bought credibility bringing Karl Friston on board, but it just seems too transparent what their doing now. Hope I'm wrong & y'all make a ton money on this.

So no response to whether you are being compensated by Verses?

Genius hasn't been released yet. Clearly, so when is that expected realistically? They will say something, then it changes. It's understandable that timelines change but you are posting nearly everyday. Makes me wonder.

Are you being compensated by Verses?

My concern all along has been if this was going to get done via government grants and programs, they were going to have to a more favorable political environment than they are in right now.

Understood, but these guys seem to chase every pitch & the amount of money they're spending on promotion is insane

These guys are burning $2m per month, how are they gonna pay to hire more people? How are they gonna pay for that? Dilute to a billion shares...

If that is the case, why are they spending so much on stock promotion?

Here is what your likely to hear if you want to file a lawsuit:

-What is the basis for your complaint / lawsuit? 
-What are your damages? 
-How are you going to prove that laws were broken?
-Is this a class action lawsuit?
-What attorney / law firm with experience to do so is going to take this case?
-Are you suing Nostrum, CRXM (bc CRXM seems pretty judgement proof) or both?

*Attorneys are expensive, I can't imagine one taking this on spec and you'd probably spend more trying to get back what you lost. I've been in litigation 2x and both of those have taken well over a yr to resolve. Courts don't move quickly.

Sold all my shares, realized I'm happy to get out at break even and put my money elsewhere. GLTA

Again, that's a non answer, 

So just to clarify, 
1.) VRSSF is paying you $10k per month
2.) You say your very bullish on this company
3.) You haven't bought any shares in over a year
4.) You wont disclose how many shares you own.

*You sound like a pumper. And you don't disclose your comp on this platform.

I own 2,000 shares (I'm at break even). I would buy more but honestly mgmt decisions like paying all these stock promoters makes me really question if these guys know what they're doing.

*pls tell me what I'm missing

Hope your right,

But projections are usually not realistic (especially in tech). These are usually way short one way or the other

What the deuce happened here

So they are still paying you $10k per month? 
If you are so bullish on this company post screenshots of what you hold (# of shares, that's the real measure of belief in this company), not just a buried disclaimer in the description of a YouTube video. Plus $10k per month isn't far off from an engineers starting salary.

So far I like the tech, hate the money management.

All these firms have big hedge fund money. Your trying (I assume) to get ahead of the hedge funds.

Notice BP & Valero are on that list. Huge market cap, not much of a chance for a 10 bagger there

"For the math challenged"?

Verses has $140m market cap, 3.7billion divided by $140m gets you 26x plus some change. Also, that deal locks in Analog in. no matter how much Verses dillutes their shares. And their going to dilute like a mother. This gives Analog a lot of upside if Verses dillutes to say 1 billion shares. I believe these guys may be able to pull off the tech, but there is a reason these companies stay private for awhile, they can raise money at crazy valuations (So their investors don't get murdered by dilution)

Just my 2 cents

If they can do the Atari 10k like they've been saying with video proof this will take off. 

It's extremely hard to value this company bc it's based off of hype and story not revenue. Now I like the story but you can't keep diluting at these prices, the shareholders will get wiped out and it will become impossible for them to gain a good return for the risk they've taken

Public company that has doubled its share count in the span of a year. These guys need contracts and revenue.

Looks like the bump from the news is over

Thanks, that's exactly what I was looking for

For a product/service which isn't super consumer facing. I'd really appreciate it if they could show us the results, not just tell us the results.

For example the Atari 10k challenge they've been talking about. That would either be verified by a 3rd party or they would just post a video of it, not a press release

Tesla has terrible terms for working with vendors. They are well known for slow pay and no pay practices.

I'd love to see a subscription #

This company can't continue to burn cash w the stock price this low. I loved the idea &mgmt sold me on their vision. But they clearly don't know how to ship a finished product & bring in revenue.

Are we gonna see financials or a late notice tomorrow?

Dilute, dilute, dilute

https://www.verses.ai/press/verses-announces-life-and-private-placement-offering?utm_medium=email&_hsenc=p2ANqtz-_U3bDZlOkB6wxv7OXOnJ-Hw3kTjS2dnYnQHzjNGNLidQnyn8OvAj3wiNbCTOs42vwMrVrfPQhNlpmu6wth4nWflwMVaw&_hsmi=332751133&utm_content=332751133&utm_source=hs_email

I can still see the CRXM board.

Hear everything you’re saying and one of 2 outcomes will occur here. Major success or failure.

Execs in small tech companies get a pass bc that is just how tech goes, zuck, gates etc… However, they keep talking about all these things they’re going to do. When I researched and spoke to mgmt back in Nov I believed they had something special. I don’t believe that anymore. I’ve pretty much written this off as a $2k lottery ticket at this point

Y’all keep spamming the board with the same stuff everyday. Any reason?

In context, Microsoft never traded at .25 cents. Sure if you split adjust these things you could probably say the same thing for any Fanng stock (as well as Tesla)

They should try to hone in on 1 thing do that well, then expand. These capital raises are ridiculous, and every time they try to do some webinar saying, now we’re working on this. Very scatter shot approach.

Generally legal counsel looks at those lawsuits and makes a judgement on whether or not their is likely going to be an unfavorable outcome. The fact that is being reported in the financial statements should give you some pause. Aka there’s a better than 0 chance this ends badly