https://www.verses.ai/press-2/verses-announces-private-placement-of-special-warrants-and-closing-of-first-tranche

Here comes the dilution!

Yes, they've had more promotional services than I'd like to see, especially of the type that do very little.

I understand that they want to get the word out about the new methods revolved around active inference, but the way they've gone about it has produced limited results to date, IMO.

Hopefully that changes for the better, and we start to see the stock price reflective off those changes.

Respectfully, your argument is a legal one. A disclaimer in your videos most likely protects you from being sued. In my opinion.

However, do you really believe in this company? if so you must own 10s of thousands of shares. If you don’t then all you are doing is trying to hype a stock you don’t personally own or own much of.

Anyone who highlights a penny stock WITHOUT disclosing the extreme risks, in my opinion, is misleading the public.

There are numerous entities that tout the potential of lower-priced stocks but never tell the audience the risks associated with them.
Having invested in lower priced, unprofitable stocks for over 30 years, many never make it or investors get extremely diluted.
However, the ones that do can offer extremely life-changing opportunities.

So I’ll say shame on me 1st. I made a few assumptions looking at their filings about where their marketing was going. I spoke with management a few months ago but the person I spoke with was more on the technical side (not finance or accounting).

My issue is there is ALOT of money going to people that don’t look like they are adding much value to the company.

VHLA media got $110k (that’s a rough conversion from CAD)

“This communication is a paid advertisement and is not a recommendation to buy or sell securities. Its owners, managers, employees, and assigns Black Swan Solutions Inc, DBA VHLA Media Inc has been paid for by Verses AI Inc. (the “Company”) CAD$150,000 for an ongoing marketing campaign including this article among other things. This compensation is a major conflict with our ability to be unbiased”

And

Real Creative Agency (who appears to be einstock here on I-hub) is being paid 10k per month. Here is a quote from his YouTube disclaimer.

“VERSES Technologies is an extremely high-risk investment, and it is HIGHLY LIKELY you can LOSE YOUR ENTIRE INVESTMENT.”

My problem with people who post videos claiming they have found a company that has solved AGI (or the cure for cancer) and then throw a disclaimer out there where they think no one will look for it is it is a pretty crappy thing to do. It feels scammy.

Most importantly this is a small public company. They should be spending money carefully. The amount of money spent on these two stock promoters alone probably would have paid another programmers salary for a year. These “influencers” are putting out a handful of videos that at best have 1-2k views.

Don’t believe me check the description for VHLA Media and real creative agency YouTube videos.

I’d love to know if either of these promoters own shares in Verses & if so how many shares?

Since the company doesn’t have open source software it is hard to know if what they are selling is what they say it is. None of us can really look under the hood, and yes I understand that Karl Friston is their head scientist (he adds a lot of credibility). However, Karl Friston is not a software engineer. By December of this year we’ll know if they have what they say they have.

All the best (& Happy Tax Day),

VERSES Provides Q1 2024 Corporate Update

https://www.morningstar.com/news/globe-newswire/9089451/verses-provides-q1-2024-corporate-update

A great summary of Verses and the report.

A point by point summary on CEO Board that refutes the NMR report
Verses Summary

I live in a major metropolitan area of the country where Intel has been constantly adding on to an existing facility via massive construction for the past several years now. I always ask myself what is going on there that they are continuing to add on to that location and why is it taking all these years to complete? Total speculation but Gabe has compared Verses technology to Intel and how it’s edge and/or end use technology.

When the fake short report came out, there were multiple people on some of the boards that claimed they sold their shares on the report because in the end they didn't know what they owned. There were even some that sold shares, and bought back cheaper same day, which can lead to tax issues with wash sales. It was said by some that the short report included made up email addresses. There was so much that wasn't covered by this report, also, as the company employs dozens of PHds, many of whom work in active inference, didn't bother to address the fact that Friston, Ramstead, and other high profile individuals work at the company, nor did they bother to tackle anything related to the claims by the company of having a superior product ready to challenge all of the supposed pillars of AI to benchmark tests.... .a product that has actual explainability and doesn't require much to power it. If you need to train AI agents with the Genius platform, a simple laptop will suffice, and doesn't require the huge infrastructure of expensive NVIDIA GPUs.

In reality I think that they may need more promotional activities if people don't understand what the company and its technology is based around. Stock promotions are one thing, but getting the word out about the difference between what's already out there available and what Verses AI is all about and what exactly sets it far apart from the rest is key.

The only thing that changed last week was that the company is one giant step closer to becoming a major player in enterprise AI as the non profit side of their business succeeded in moving forward the spatial web protocol standards to a final vote. Funny how this lame short report and attack came just two days prior, with so many demanding that the company answer up to this bullshit. Once these new standard protocols are approved, companies that support the open standards will come out of the woodwork and be the first to join Verses in the new web layer that's offered on a global scale. As co-founder Dan Mapes stated on the video two years ago where he spoke about the company's partnership with Microsoft, the huge part of the new web is in digital twins, as you'll eventually have digital twins of practically everything on the new web, including cities, landscapes, oceans, companies and their supply chains, etc. This is no longer down the road.... It's here on the doorstep. The IEEE called the development of these new standard protocols a public imperative.

On a side note, the company has a patent revolved around neuromorphic computing, and I urge everyone to go back and listen to the interview between Gabriel Rene and George Gilder. Despite Verses AI being known solely as a software company, Rene oddly approaches Gilder near the end about the hardware side of things, and while Mr Gilder rambles a bit on and on about graphene, once finished, Gabe returns to the discussion about hardware and neuromorphic computing. He's basically throwing it out there that the company has successfully used their active inference methods and coding on a neuromorphic chip level to see a combined hundred thousand times increase in processing power. Now there are only so many companies and entities working on neuromorphic computing, and I sure as hell am curious who they're working directly or indirectly with when it pertains to neuromorphics. I always believed that there must be a hardware connection with a company like Verses, and this video sheds light that indeed there likely is a major connection as they plan to disrupt the entire industry on the edge. A little reasearch into neuromorphics, and its believed by some to be far more important than quantum computing, which is much further out. If the company is quietly working behind closed doors with Intel, IBM, Brainchip, or one of the others that offers a type of neuromorphic chip on the edge, this is huge. It would also help explain the level of enthusiasm that Gabe showed on the company's webinar from just a few short weeks ago.... an exciting event that so many have already apparently long forgotten.

We all have our own decisions to make whether we buy, hold, or sell the stock, but I'll continue to hold as I believe in the company and its vision. I couldn't even fathom selling my shares at this point either, as the company is about to embark on its next level of beta testing in a matter of a few short weeks with what I believe will be dozens or more of potential enterprise level clients, some of them being rather large.

Gotta say it feels extremely odd that a company of this size is paying so much $ to stock promoters. This is honestly my first experience seeing this. Huge red flag.

I’m out

There are some weird things going on with the bids (lvl 2). Is anyone else seeing what I’m seeing? There are mirror bids going in at 1/10th of a cent for 30k shares then 5k running the price up slightly then down. These bids are changing within fractions of a second. I’m not saying there is anything nefarious, but it is very odd

VERSES Advances Spatial Web Protocol, Architecture and Governance Standards to Final Voting Stage

https://ceo.ca/@globenewswire/verses-advances-spatial-web-protocol-architecture

"Verses AI is literally the first company in the world that is already prepared to take off running with the new web layer."

Great way to summarize it Capt.

Its being reported by various individuals around the web that the IEEE working group voted on and approved what I understand to be the final draft of the spatial web protocols. Gabriel Rene is the head of the working group, but I believe that most of the group itself have zero ties to Verses AI itself. The company is basically gifting the standards to the world as part of their non profit.

There was an individual that posted on the yahoo board just yesterday that appeared to be working for the company, saying that he, (he likely meaning the CEO) was busy preparing for the speech of his life, and basically needed to be left alone to get the job done. While I knew that this meeting was important and revolved around the final draft of the standards, I was unaware that any vote was necessary by the group, and possibly underestimated the importance of it, despite my enthusiasm. I've read that even Karl himself and other key members were present for the vote, and that there was a celebration of sorts with the resulting vote.

The short report couldn't have come at a more inconvenient time for the company and its shareholders, but it was likely timed as such. If the standards are approved by the IEEE then Verses AI is literally the first company in the world that is already prepared to take off running with the new web layer. I believe voting will be within a few weeks time, but am expecting the company or individuals within the company to update shareholders, possibly as early as Friday.

Were you expecting some news today? I haven't seen anything.

I'm sure that the company will have something to say. Proving academics should be easy.

could someone please verify if these accusations are false or true

LMAO. That's old stuff right there.

The company does have an actual location, but most of the staff meet thru video conferencing as most work is remote. The staff is from all parts of the world.

One of the latest blogs was from a staff member in Australia, and the one interviewing her mentioned the cockatoos outside.

Honestly I’d love to see it keep trading lower I’ll keep backing up the truck (to buy more).

Once they release the white paper and start to demo these agents. Hold on

yea but someone pisted that they don’t even have annoffice location

The only thing fake is this short report. It does, however, help explain why the stock has been trading lower for a while as this group has heavily shorted it.

down it goes fake resumes misrepresented partnership inflated demand ouch timberrr

Volume is insane this morning

Yep, you’re right.

Pulled the video up on my laptop. Couldn’t see it on my phone. Thanks

Has nothing to do with their new hire.

The link is directly in the video itself. It takes you to the actual youtube page.

Are you referring to former MS employee Peter Provost?

Can you post a link, I can’t find this

Blockchain and the new COSM Architecture

Dan Mapes with Verses AI speaks multiple times about the company working with Microsoft on a new layer for the new web. April 11th is the date for the final draft of the Spatial Web protocols that will be submitted. Only three days to go!

Symbol VRSSF
LastQuote 1.06
Change +0.01 (+1.1%)
Bid 1.06
Ask 1.07
High 1.09
Low 1.04
Volume 142,770
Time (ET) 12:10:23 PM

and yet no big company has boughtvtgem out must be vaporware

Day order to buy vrssf shares at $1.05 per share- Step 1 in process..

Bearish Signal Reversed on 27-March-2024 GLTA

PS: Price of share happens to be low as both the Dailies and Weeklies in negative territory at this time. Hopefully, it continues to go lower in order to add more in Step 2 of the buying process. We shall see.

Its been said in the past that Verses has somehow included neuromorphics into the HSML language for the new web, but I've always expected that they were working on the hardware side (chips), as hardware will always be required to make anything happen at the edge.

In the long interview between Gabriel Rene and Mr Gilder, at the 45:00 mark, I had to play that over again several times to really believe what I was hearing. If I'm hearing it correctly, it sounds as though the company has successfully incorporated active inference into someone like IBM or Intel's neuromorphic chips, which has created a combined increase in performance of many magnitudes. The company already has a patent related to neuromorphics.

Per Gabriel Rene in his interview with George Gilder, the upcoming meeting on the 11th of April will be going over the final draft for the spatial web protocols to be submitted.

CEO Gabriel Rene speaks with George Gilder (long version)

Thanks Capn

IEEE meeting scheduled for the P2874 working group, April 11th.

I watched the webinar again this morning, and I believe that the expanded beta testing will be enterprise only. Could be wrong, but that's just what I gather. It looks like the general public will have access with the larger beta either at the end of the year or early into 2025. The larger beta for enterprise is expected for June, which is only a few weeks away.

Yes over time. The rollout starting does not necessarily mean there will be full fledged personal agents like one that would book hotel rooms, but let's see. It is going to also depend on the partners developing those applications and how quickly they can do it especially initially.

If the Genius rollout this summer is supposed to include personal agents for individuals, I would imagine that they would need to partner with some end users such as hotel chains and restaurants to test GIA related AI tools for bookings.

Very nice Scottyb!

no its magical poo stock this turd is going nowhere all fluffy poo poo

Are these guys going to uplist and get off the otc sewer?

Agree Tiger.

If this was on the Nasdaq it would be at 21.2 instead of 1.20

Verses AI VRSSF Makes Axios
Small Company Big Idea for AI

World’s first major act to regulate AI passed by the European parliament

https://www.cnbc.com/2024/03/13/european-lawmakers-endorse-worlds-first-major-act-to-regulate-ai.html

It looks like the company responded same day as the email was sent out. I'm showing a box around the lettering, so I wonder if that's the change they made. Should find out soon.

Genius trademark..... I'm not an expert by any means on this subject, so take everything I say with a grain of salt on this subject.

It looks like Apple sent a LOP to the trademark office back in November, essentially protesting the trademark based on confusion. I say Apple, because the trademark that the patent/trademark office references in the LOP message to the company is directly Apple's. Shocking I know, but there are a LOT of genius trademarks out there, and just as feared, confusion isn't acceptable between them. It appears that the hurdle of goods/services was resolved, but you have multiple Genius marks that all look identical. The way I'm understanding it, is that the mark itself needs to change, or they have to remove the goods/services that are covered by other companies. I'm betting that the company sticks to its guns, but changes the look or lettering a bit to get it passed. They already abandoned the COSM/KOSM marks last year as they were facing opposition; I can't see them scrapping for a third.

Archer to Install Electric Air Taxi Hubs in Dubai, Abu Dhabi

https://www.flyingmag.com/archer-to-install-electric-air-taxi-hubs-in-dubai-abu-dhabi/

https://www.flyingmag.com/archer-plans-to-launch-electric-air-taxi-flights-across-the-uae/