Verus International Inc (VRUS)

[Renegades17]

RBIZ the new company

I don't have an attachment to the real estate business, but I understand your frustration. I got involved because of the food business and its growth prospects. The CEO seems knowledgeable about the market and the marketing hire seems top notch to me. Investing in a company with the potential to do $100mm in revenue at a market cap of only ~$6mm seems like a great proposition to me. I think post split, the stock should trade up to $30-$40. I'm assuming a 3-4% net margin on FY2018 to get to that valuation.

I am puzzled as to why it's taking so long for the reverse split to be approved. It might have something to do with what appears to be a reverse merger (and the real estate business is going to be spun off too). That said, I'm not sure why FINRA should care about that.