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You´re very welcome Sir!!! It´s coming soon!!!!
Shinook99, thanks for your question, because in order to answer you, I finally took the time to share my thoughts on this. I wanted to do it some days ago, but didn't get the time to do it. What I think is happening is that the company presented the S1 on time, within the 60 days limit, and the S1 is still being reviewed by the SEC.
I think that the key point here is the following (I have to admit I didn't understand it this way at the beginning, but after reading the 8K filing from Feb 11 2019 twice, three times and more, I think I finally understood it):
The fact that we don't see the S1 publicly doesn't mean that the company has not filed it or is delinquent on anything. Only means that it haven't been declared effective yet by the SEC. Otherwise, we would continually be seeing public non effective / draft filings, which clearly is not the case.
This may sound too obvious, but shareholder impatience (me included) sometimes gets in the way and we tend to understand things differently.
From the 8K filed on February 11 2019:
Yes my friend and the fact that we are seeing all these new posters looking for cheap shares, attacking the company without arguments, is another signal that it's coming soon. We are going to be big together!!! VRUS$
I'm also new in posting as you can see from my total number of posts, but a shareholder and a believer for more than 2 years. I have done a ton of DD and have read lots of DD from others. That's why I'm so confident on VRUS.
Great first post, you should continue posting PennyGrubber. I have all my shares locked and have also been averaging up every time I have the possibility.
Great post Shinook99, totally agree!!!
And the $600K loan is payable at more than 8 times current share price (0.1 conversion price vs. 0.0121 current price ). This is huge!!
Great point Bull$hark, I totally agree with you and have seen the same. Also casually I posted something similar Today:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148686758
I like your posts and have been following you for some time. As you mentioned, we are going to breakout big.
Yes, we disagree in almost everything.
1. What I see is not solid volume, actually I see it very low, that's why I'm sure is not dilution.
2. I have been a shareholder for more than 2 years, so I know a lot of the history of the company and I see a clear path of how revenue will be increased and more than that I have seen that demonstrated with the increases of more than 100% in the last quarters.
3. I also think that most of the folks that get boured and leave are already gone and we have a strong shareholder base. That is why we see small volume, most of longs don't want to sell and most of potential new investors don't know about the company or are waiting for S1 or Etrade situation to be solved.
The part that I agree with you is that about 95% of pinks use dilution to raise money for the company, but I also think VRUS is a gem rarely seen here and that is why they are going to get uplisted as announced. Just look at the last deal, they are going to pay the acquisition with revenue coming from the bought company, not with ditlution.
Finally, VRUS has all the qualificaitons to be an OTCQB and was already, but because of trading below 0.01 it became a pink, but continued with the same discipline, being audited, sec. compliant, etc.
I respect your points but wanted to share mine and as you said, we shall see.
Price is not falling, it have been trading in a channel with small ups and downs and with very low volume, so for sure is not dilution. The reason why I think is not going up yet is market awareness, Etrade situation and that some are waiting for the S1. But it is coming and people selling or waiting for S1 and Etrade situation to be solved are going to regret for missing a big part of the run.
From my experience, sometimes news like this we just received about the acquisition and loan, which really are huge, need to be digested and known by a broader market and then one day boom, you see the effect. It is not that these news are lost. Just be patient but don't be out if you dont want to regret.
It is coming very soon!!!
Thanks a lot ST. Also gave you a follow. I enjoy your posts, please keep all the good work you do for us longs.
Thanks my friend. I think the same about you!!! Also following you long time ago!!! We are going to be very happy soon!!!
Thanks my friend. Gave you a follow back. We just need to be patient, it's coming.
I can't beleive that you don't understand that getting financing with the lender valuing the company at around 8 times its current price is an incredibly excellent deal.
Toxic debt is when it has to be paid valuing the company at a discount of 50% or something around that vs. the lowest trading price for the past 30 days or so. That is what you normally see in the OTC, but for VRUS is just the opposite, the lender is valuing the company at 8 times its current market cap.
If this is really what you think and you are not playing games here, my friendly suggestion for you is to get some training URGENT before you continue trading.
TF, as always, thanks for all you do for us longs and the company!!! Excellent news!! It's coming very soon.
Looking for cheap shares? Who can call toxic debt this one that is to be converted at a price of 0.1, that is around 8 times the current price (0.013). Also with the kind of lender we have and with just 5% interest. By the way the debt is for $600,000, convertible to just 6 million shares.
And no solid plan? You should read. Even the $600,000 just received have a clear plan defined. They are going to be used to start production in the recently announced acquisition that by the way is going to be paid with funds coming from its own operation, not with shares or money coming from VRUS.
You're very welcome my friend!!!
Ksycheng, let me offer you my answer. Following are the 2 main reasons why I think they didn't use option 1 in your message:
Great point Elkay11!!! Patience is key. VRUS always delivers, not as fast we want, but good things take time. We don't know all the details of what is occurring behind the scenes. That is what I always repeat to myself when I get anxious. I'm 100% confident on VRUS management team. Haven't sold or flipped a single share. I will not take that risk with what is coming any moment of any day.
Pennies Envy, thanks a lot for your prompt response.
Please let us know why do you think that? For me there is no relationship between the news releases timing and the Finra investigation, which by the way was requested by the company. And as the company mentioned in twitter, it was done for the good of shareholders and to have news halted until the investigation is concluded would not be good for us :
New investors waiting on the sidelines or impatient investors, don't get scared with all this lies:
Totally agree ThruthFairy, patience will pay huge. Haven't sold a single share. I feel bad I don't have more funds to buy at these prices. Nothing about the business has changed and on the other hand, regarding AG investment, each day that goes without news, the situation gets better regarding the number of shares to be converted, the money to be received from warrants and the backlog that will be covered with those funds. Now on vacations checking in when I can and not worried at all. Very excited of what is coming soon.
Thanks TF for all you do for us!!! :)
Great post as usual Rrr1. All these "experts" that come here with their "technical" analysis don't have any idea of all the incredible amount of due dilligence we as true longs have done together in VRUS. Lets see what happens to his analysis with the news coming and what he will say about that. A lot of people looking for cheap shares, that's it. That's great news for us.
Tony, I'm estimating around 0.25. Something between 0.1 and 0.5, depending on the magnitude of the M&A's, new contracts, backlog being unlocked, new products, etc. to be announced. Good luck to you and all longs, this is a gem from any point of view you look at it!!!
$VRUS
Everything mentioned in the post I'm replying to is absolutely false for the following reasons:
1. Nobody can dump shares that are not available. As we all now the authorized shares are maxed.
2. The small volumes traded and the considerable increase in prices for the past months speak for themselves that no dumping has been done. It actually shows the opposite, shares are scarce and mainly in very strong hands.
3. Even if the shares were available it would have been illegal for AG to dump without the corresponding filings and I'm sure he is a very honest person.
4. AG's purchase Price is not 0.0014, it is actually much higher and depends on the trading price for the last 30 days before converting. Take a look at the filing that YOUR OWN LINK refers to and you will find a (1) near the 0.0014. If you read note 1 in the same filling , it says "1. Subject to adjustment". That adjustment refers to the reality of the conversion price, as I'm explaining below:
From the SC 13D:
Thanks Joe!!! Next week will be spectacular and the following weeks also with all the catalysts coming!!! Not selling a single share.
You were absolutely right!!! Gave you a member mark. Next week is going to be great!!
$VRUS
You're very welcome golflegend and thanks a lot for your comments!!!
Yes, totally agree and Today's price is doing great in preparation for financials and all the other catalysts coming!!!
Totally agree my friend and not planning to sell a single share in the next six months. Maybe some after, but will keep a core position. I'll send you a PM with my email, would be great to meet if you come. Look this great Friday we are having at VRUS!!!
You're very welcome Estate1, totally agree with you, gave you a member mark. VRUS doing great and will be better than most expect!!
You are doing well being humble, but let me tell you that you deserve all the great comments you receive from me and most of longs here :)
By the way, what a great day we are having Today at VRUS anticipating what is coming!!!
You're very welcome Lauren and thanks a lot for your comments!!
Thanks a lot my friend. You are an excellent asset to this board also.
For sure!! You are welcome to come any time, you will enjoy it. We are going to have too much to celebrate!! Uplisting in 2019, totally agree!!
You're very welcome happycampers and thank you very much for your comments!!! 1Q report and the big news coming. Previous news were just the starter, main meal is almost ready.
I really appreciate those comments TF, specially coming from someone like you, one of the best, if not the best asset of this board. I have been a little bit busy for some days and that's why I was silent, but never stopped following you and other great posters here.
I was trying to find something you mentioned in one of your posts from a few weeks ago and wanted to share it again, because I think VRUS is going to be that type of multi-penny runner. Finally found it :
You're very welcome shots60, I think we are working perfectly as a team against all lies that have been spread!! DD is unbeatable here.
$VRUS
Totally agree my fríend!!! Thanks a lot. Its getting better and better and we haven't heard the best news yet!!
Thank you very much RRR1!!! Nothing is going to stop us.
Thanks a lot Joe!! Today was great day again!!!
Thanks a lot Sello, I think the same about you and your posts and that's why I've been following you for long time. I hope every day you continue to get better from your accident and appreciate that even with that situation, you have been contributing in such a way to this board!!!
With the Q report and next PRs we are going to be incredibly rewarded!!
By the way, great point that you make, totally agree: