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lol.
Still here like you. Just can’t stand some of the BS that flies around this board. Of course, when I need a good laugh, I’ll come by and read a few posts.
But some of us know who will have the last laugh!
Stay safe!
TF, wild journey is quickly becoming a massive understatement. Far cry from the RBIZ days.
That’s what most continently forget. The triple digit growth for the past year has been solely due to the legacy business. Not BLF, French Fry or Brazil. Yet the cost of operations does include acquisition costs where revenue has not be realized.
Once revenue is revealed in the K and subsequent 10Q, VRUS will look more like a big board company than OTC.
Makes sense. Thank you for the detailed explanation.
That said, I will be thrilled with any company in the list.
Great analysis. However, keep in mind the initial indication was the retailer wanted custom packaging. The Dollar stores would require, not justify custom packaging due to margins necessary at those retailers IMO.
Not sure who that would be but bottom line, any chain on the original 25 would be a substantial win for Verus.
Well said crozz.
Yep. Been in since 2018. Not as many as others, holding 2 mill
Wish I could join you JV. Left my job and short on cash but still not parting with my 2 millions shares.
Unless they have been holding back a stack of VRUS to see if the pps increased for a last ditch effort.
I hope you are correct and they are out but I don’t trust those people there. They are doing whatever possible to save their a$$. Of corse that seems to be a losing battle for them.
And you know this how?
Yep
And lots of hints in the PR.
Sometimes I love this board, sometimes I hate it.
Either way, it's always entertaining.
VRUS will prevail despite the ridiculous posts from those who don't have a clue.
there you go.
Apparently not.
The last Q was filed early, the one before that was on time. Revenue has shown growth over the past 4 quarters.
Perhaps you are on the wrong board. This is VRUS
Thanks Nest. Some of us haven't been nervous one bit.
Others... well too bad for them!
Weird, I don't see it.
I see the stickie.
Must be me.
Thank JV
MODS,
This needs to be in the ibox ASAP!
Well Done!
Not true.
There was not a coordinated effort by retail investors. The Monaker situation played a significant role in the decline. As Monaker began and continued to sell, stop loss triggers went off and retail investors started to panic. From there, I can assume there was some retail manipulation from those that sold that were trying to get back in as low as possible.
My mistake. Thanks.
The triple digit growth we have seen is from the legacy business. And the projected growth for Q4 of 4.4 mil is also legacy business. BLF and Fry deal is on top of that
I will concede that the past couple of months have been rough. BUt we know a major reason why, Monaker. Their selling into necessity has caused a lot of panic. It will reverse.
But let me share some numbers.
1120% up since my first buy in May 2018
450% my gains after averaging up over the past year and a half (including shares in the high .02 range)
VRUS
650% up in the past 12 months
30% up in the past 6 months.
And what has happened in the past 6 months?
Hired new CFO
Hired New in house counsel
Ramped up BLF ice cream and candy distribution (revenue not yet realized in financials) expected 50-100 million annual revenue
Closed deal on French Fry operation (revenue not yet realized in financials)
Closed Nutribrands and opened up South American market (expect $300 million in revenue)
You look at the last 3 months and can only see the next month.
Longs look at the last 12 months and look forward to the next 12 months.
4 consecutive triple digit growth quarters. 6 quarters of triple digit growth projected going into 2021
New M&As expected.
Shortsightedness will get you a 6 pack, longs will buy the brewery.
About 152 million common and another 45 million Preferred.
At least half of the preferred were sold to the Execs of Monaker.
We don't know exactly how many common they have left. Speculation is somewhere in the 50-70 million range. But we won't know until we see a filing from Monaker
Exactly. Their management "Graciously" bought half of the Preferred shares held by Monaker and who knows how many common.
Nice of them to help out their own company. Think about that for a minute. Monaker is selling shares of VRUS to the executives of Monaker. Then ask yourself why.
Answer: Because they know what a gem VRUS is going to be. The execs weren't about to give up VRUS shares. This was a legal way to move the money around to help Monaker but keep their future payday in VRUS.
Monaker is bleeding heavily and selling VRUS shares to keep the lights on.
Relax bro. I said "I hope it can somehow". Didn't give a prediction.
We are on the same team.
There is no dilution. Stop spreading lies.
Hope you are right about Monaker but we won't know until it's stated in black and white. I believe they still have more than 50 million but that's a guess (hope I am wrong).
What I would like to see is VRUS buy up their remaining shares and retire them. Wouldn't due much for the OS but would send a strong message to shareholders and potential investors.
Agree. But my hope is somehow we can get north of .10 before the RS. I would be ok with that. It would suck at this level.
To all:
A 2 second google search will show this is a blatant lie.
Now with this ridiculous claim, consider everything else posted by this individual is completely false.
Pay attention to where your information comes from.
Seriously. You have sunken to new levels.
MKR Group is NOT Monaker
https://www.mkr-group.com/
Wake the F up
Special thanks to Rory and team.
VERB's "success" has provided me an opportunity to offset gains form other plays this year.
Thanks again
Nope!
Just tired of the blatantly false rhetoric being spewed by the uniformed.
VRUS will prevail and longs will profit heavily!
Others... well, not so much
I agree that we will continue to see the same for the next few weeks. We know Monaker is burning through cash and using VRUS to fund operations. I see this continuing at least through the LD conference where both companies are presenting. My best guess is they are treading water until then. At that point we either see a huge dump by Monaker liquidating all their remaining shares or they may be able to slow it down if they have success at the conference.
Either way, my hope is come the middle or end of December the selling will be done opening the push into the financials in Jan.
Until we see a filing from Monaker stating how much they have sold, we won't know for sure how much they have left.
But knowing what we know, and what we suspect is that they continue to dump shares methodically.
My take:
As of the last Monaker filing on 10/15, they had sold about 40 million share give or take (I am going from memory). Which would mean they had just over 100 million left. In looking at the average volume sine that filing, the average volume has increased in the month of November. From 10/15 until the end of October the average daily volume was about 4.5 million shares. In November, the average daily volume has increased to 10.8 million shares. I do believe most of the increase is due to Monaker selling but it also caused some stop loss triggers and panic selling.
Assumption: Monaker has sold an average of 4-5 million per day in November. If that is the case, they would still be holding about 50-60 million shares.
Again this is just an opinion.
This is where you guys have it wrong. VRUS is not the Titanic in this scenario. VRUS is the iceberg. All we can see is the tip. The strength and power hidden beneath the surface. Drifting slowly looking for opportunity. Taking on small companies. Waiting for our Titanic which inevitably will be consumed and the awesome strength and power of VRUS will be revealed.
From Mark
1.) I checked in on why the presentation was not on the investor website, so that should appear at some point.
2.) The shorter presentation was for the latest conference, the longer one is being revamped to reflect the Nutribrands deal - I have been given some new things to add, so the Verus story is evolving faster than I can finish the full presentation.
3.) The state of the stock was accurately depicted in the tale of "Chicken Little." OTC investors are trained to expect the worst, so crazy ideas are the norm these days. Everything that the company talked about in the last earnings call is still in play, including additional M&A talks.
4.) We don't know if Monaker is still selling, but the solution for that would be for investors to buy their shares at these fire sale prices. They were very transparent in their 10-Q on why they were selling, so their need is your opportunity.
5.) I answer every question I can in 24 hours or less, but other than that, you will just have to wait until the next piece of news hits.
6.) I believe that revenue on the Brazil deal will fall into the quarter when that becomes effective, which would be the current quarter.
Verus is one of the fastest growing companies in the CPG space, coming off of back to back 150%+ quarters. The Nutribrands deal added to that growth rate, so along with the french fry deal, you now have two immediate impact revenue lines that will contribute immediately to future revenue growth.
Mark
Would have thought we would see more volume in anticipation of the Q
Well said Nest. Still looking for an extremely profitable future with VRUS.
No Worries here!
Mark stated last week that no dilution is happening.