Verus International Inc (VRUS)

[Renegades17]

Comments from IR on the pickup in trading volume

I asked IR why the stock is getting pounded down mercilessly. They didn't have a lot to offer other than some of the investors in the real estate business aren't interested in owning the food business. They might be taking advantage of the pickup in volume to book capital losses.

I have a feeling it's Monaker Group selling right now as they are probably upset that with the spin off, they won't be awarded stock in the food business if they were victorious in court. That's just a hypothesis on my part, but the large volume to me indicates that it must have been a big holder and Monaker came to mind.

Whoever is selling is doing so in a very sloppy manner. Good buying opportunities in front of many positive catalysts IMO.