Verus International Inc (VRUS)

[Lil BD]

Not sure about the R/S but here come the convertible share offerings:

The Note accrues interest rate at a rate of 8% per annum and matures on November 30, 2017 (the “Maturity Date”). Power Up may convert the Note into shares of the Company’s common stock at a price equal to 61% of the average of the lowest three closing bid prices during the 15 trading day period ending on the last complete trading date prior to the date of conversion.

Taken from the company's 8k filing dated March 7th, 2017