Verus International Inc (VRUS)

[Renegades17]

Working on other deals

Will exit FY 2017 at greater than a $100mm run rate in revenues. The company said they'd be break even at $5mm in revenue, so they should be solidly profitable at $100mm in revenues. The current market cap is absurdly low. Should at least be trading at a $50mm market cap.

I think the next earnings report will provide more detailed guidance for the rest of the year and perhaps FY 2018. They know they need the stock price to be a lot higher to affect a reasonable reverse split.