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Happy Easter to all...
There are no Garnock rumors.
There are Garnock facts!
Look at the filings dated 2/19/19 and 2/25/19
VRUS FTW
I don't think there would be an abrupt turn of business direction of VRUS, and what I speculated was that VRUS would add CBD to their international/ North American distribution mix.
My stickied post and the supplemental reasons for speculating on MJ/CBD were clearly defined as additional, and never removed the food distribution and backlog of orders out of the mix.
Somewhere in the past few days, that message has been lost and the MJ excitement took over as primary where it was not intended as such.
If anyone would care to review the stickie up top, it was to illustrate how and why VRUS could uplist organically to a multi dollar SP and the particular reasons as to why.
Andrew Garnock, the MJ venture King, is involved here and that his connection to CRON and resetbioscience can't be overlooked here.
That fact alone, when coupled with the existing food distribution, backlog of orders, rights to Disney branding, etc, could take us above the SP mentioned in that stickie.
GLTUA
VRUS FTW
I think a strong start to the morning is highly possible.
With all the confirmations we got at the end of the week that were a precursor to the S1, it certainly looks like the company if following through with their plans and the M/A news will be dropped shortly that will shoot this sky high.
It sure would be great to get a pre-market S1.
VRUS FTW
All very good points.
Garnock does have a very wide and sweeping influence as per all your points.
I was quoting what another poster quoted as the timeline that VRUS gave about "find out in a couple weeks" coincided with the CRON conference call.
It is not out of the realm of possibilities that any number of things will happen with AGs influence, and connecting it to the points in my stickied post.
I'm very confident in all the statements that VRUS has made regarding an organic uplist and their timeline.
VRUS FTW
I think it's time to start a position here too.
What ya think E?
I think that's what they are counting on.
But it's not gonna happen IMO.
Both Monaker and ARJ are holding common stock and VRUS is not gonna RS, as they stated they intend to get the SP to uplist price organically, and my stickied post explains how it's possible and why it's highly probable.
DD and some critical thinking goes a long way.
Monaker and ARJ will not allow a RS because it would hurt them.
The couple week timeline set out by VRUS last week coincides with this.....
JCG917 posted.....
"Cronos Group Q1 conference call on May 9th. This is Andrew Garnock's other company. I think we will get Verus merger news with Cronos (CRON) by then .
http://www.globenewswire.com/news-release/2019/04/09/1799858/0/en/Cronos-Group-Inc-to-Hold-Conference-Call-on-First-Quarter-2019-Financial-Results.html "
VRUS FTW, the big win...
Copper is a penny
Silver is a dime
That's right Bala.
A little DD goes a long way.
The extra AS is to cover any future financing needs for the cost of mergers and acquisitions that are gonna take VRUS to uplist territory. That's in the filings.
If anyone is concerned about the AS, go on OTC markets and look up CRON and its share structure.
One will find that the AS for CRON is UNLIMITED.
YES, literally UNLIMITED.
The SP of CRON went up to the $20+ range recently..
Our OS is 10x higher than CRON.
But if you do the math, $20-$25 divided by 10 equals about $2-$2.50. CRON deals with MJ/CBD
VRUS currently has European and Middle Eastern distribution contracts and a huge backlog of orders that are being filled now.
VRUS has also stated that they are working on distribution of consumer goods for the North American market next.
Andrew Garnocks other companies have "consumer goods" that could benefit from distribution to the North American market and the international market too.
The European Union imports a lot of MJ/CBD from North America/Canada already, and VRUS is the perfect middle man, and could potentially get above the $2-2.50 target based on the fact that it could/would have a more diverse product list than just MJ/CBD as CRON has.
Company has stated that they plan to uplist organically without a RS, and it could be entirely possible if all of the aforementioned is considered.
With all the DD that has been done here and the fact that Andrew Garnock is heavily invested her, coupled with the fact that he was instrumental in taking CRON to Nasdaq, one would have to be lacking in intellect to not see where this ticker is going. Uplist scheduled by the fall of 2019 and that means we will be rocketing to the uplist target price shortly.
VRUS is gonna make a lot of people fairly wealthy.
VRUS FTW
I'll post this again.
Market makers do indeed short shares and here is why. Straight from the mouth of a market maker..
https://www.reddit.com/r/weedstocks/comments/1xydch/market_maker_speaks_out_ways_of_a_market_maker/
VRUS FTW
Check this out
JCG917 posted.....
"Cronos Group Q1 conference call on May 9th. This is Andrew Garnock's other company. I think we will get Verus merger news with Cronos (CRON) by then .
http://www.globenewswire.com/news-release/2019/04/09/1799858/0/en/Cronos-Group-Inc-to-Hold-Conference-Call-on-First-Quarter-2019-Financial-Results.html "
VRUS FTW
Hi TF, hope you had a great day.
Next week we are gonna get some crazy attention here.
Today's volume was stellar and if it were not for the etrade horse poo today, we would have seen .02s
Now that we are primed for the S1 to drop regarding Andrew Garnocks share count, we are about to see what his involvement here is all about.
2 final stage M/As to be announced thereafter are gonna rocket us up to silver and beyond.
Today's move up was very nice and fast, before the sell at market price which set off the quick and dirty stop loss shakeout which messed the day up.
Huge accumulation today in the mid .01s means we will move back up quickly next week. That 32 share trade after hours at .0161 leads me to believe we may gap up nicely in the AM on Monday.
Garnock is the MJ venture King. He took CRON to Nasdaq last year, which was 1 of only 50 OTC companies to uplist last year.
He did not get involved with VRUS for any other reason than to help his other business ventures along, and as per the company - they intend to target the North American market next with "consumer goods". I believe that to be CBD/MJ distribution.
Monaker has stated they will be holding their shares in the company's as they know Andrew Garnock has a large stake in the company as per their conference call this week.
CRON has a conference call on 9th of May and we may see some magical things happen here between now and then.
Looking forward to next week.
VRUS FTW
Haha JV, today was a great day. Volume precedes price movement, even though we had some stellar movement this AM till the market order blunder.
It doubled volume after that again.
Next week is gonna make some great moves and I think we're gonna shatter 52wk highs early in the week.
Have a happy and safe Easter weekend.
VRUS FTW
Lol.
There is nothing to dilute..
The strength on this ticker was shown all day long
S1 and M/A news about to drop.
VRUS FTW
That was an expensive mistake by someone.
Good action today, and will resume next week.
Wishing all a Happy Easter.
VRUS FTW
Wow.
I was just gonna say, that was a very expensive mistake, and that fella is gonna have a not so happy Easter..
Condolences
I've been saying for a while now that VRUS is gonna get into CBD/MJ distribution since AG is involved here.
We also have confirmation from VRUS that they intend to have a North American distribution channel.
AG is the MJ venture King and has not only uplisted CRON to Nasdaq, but is also cofounder of resetbioscience, to name a few.
He rolls with other MJ royalty and this is not a coincidence that he is heavily involved here with VRUS.
This is playing out in a very similar scenario as when he invested in CRON.
VRUS FTW
I know.
That's why we are here.
Looking forward to see how he will involve his ventures in VRUS.
VRUS FTW
We all owe a big thank you to Andrew Garnock for investing in VRUS.
Nasdaq uplist, here we come.
VRUS FTW
Spectacular day.
Love how the fears went to cheers..
New HOD coming....
Looking good prodigy.
Let's break HOD and close above 52wk highs team VRUS
Day is getting short on us.
Time for team VRUS to step it up and close the week off at or above 52wk highs.
VRUS FTW
Bala, looks like we break 52wk highs and into .02s+
Keep it thin fellas.
VRUS FTW
Keep it thin.
.02s could come easy today.
VRUS FTW
If folks keep it thin, it could be walked into .025
VRUS FTW
Dh, got your PMs last night. Thanks for the sentiment and I also gave you a follow..
We've got a good bunch of longs here.
I can't PM except for happy hour, but if anyone wants to chat it up, hit me up on Twitter. Same handle, just with an extra 11 on the end.
Balamidas, I hope we get a nice fat bounce tomorrow..
Turn the fears into cheers.
VRUS FTW
I'm just as down in profits as everyone else, but I know it's just a matter of time before the big reversal.
Big risk, big reward.
Some short the stock, but with that comes a certain risk.
I'm just comfy holding my stash.
I'll tell ya, I even told my mother to buy a stash.
VRUS FTW
Ya, but look at the 3 month chart.
It's always darkest before the dawn they say.
Either you believe in the DD and the company, or you don't.
I happen to believe that we are uplisting, and the fact that Andrew Garnock is invested here speaks heaps as to the credibility of the companies plans to uplist.
CRON was in the same scenario as VRUS is in, and the chart is reacting the same way. CRON went to $20s
I happen to strongly believe that AG is gonna involve his other ventures and there will be some news as to his involvement in this company. He's not just here to help an OTC company for poops and giggles.
He's a serious business guy and this is gonna turn into a very serious play.
Again, either you believe or you don't.
Negative sentiment and second guessing devalues a stock. I trust my DD and that of the other dedicated longs on this board.
VRUS FTW
Das right.
It's only a matter of time for S1 and M/A PRs.
We went up for weeks, and now that we had a few red days of consolidation everyone is concerned.
Fear not folks. We are still uplisting this year and the ground to the uplist target SP is gonna happen sooner or later.
VRUS long and strong.
One thing for sure is that the lack of noise indicates that everyone that wanted in is now in.
VRUS FTW
No, not likely.
The 40M accumulation yesterday at this level indicates everyone loaded up and they won't likely sell for a loss.
If anything, peeps will slap the ask in anticipation of after hours news today, or tomorrow in anticipation of news early next week.
Holding for news..
VRUS FTW
Feeding dolphins is like feeding wild animals. They will keep coming back for more if we do.
They are loaded now and we will just keep it here and make them wait and keep them quiet. When news comes they can take their small profits on the news, as we leave them behind on the rise up to .02-.05
;)
VRUS FTW
And the worst part is that it reminds me of the annoying yapping of a poodle. Which also reminds me of my ex.
Me, me, me, me, me.....
Haha
VRUS FTW
Anshu has done what he said he would and will continue to deliver.
101% and 140% increase in revs in last 2 Qs.
We have 2 pending late stage M/As
A pending S1 that will define AGs stake in the company, and MKR verified that in their CC..
MKR and ARJ are in it to win it.
They are not playing for pennies, but rather for dollars..
Go back and listen to the CC or go look at the transcript therof from yesterday posted by nest.
VRUS FTW
Several implies 5 or more
A couple is 2
A few is 3-4
Semantics
Two pennies coming. These desperate attempts to get the last cheap shares before S1 and M/A filings.
VRUS FTW
M/A news, AGs details, and Nasdaq uplist are coming to a VRUS near you.
I'll just remind anyone thinking of selling or buying that Andrew Garnock is the MJ business venture King.
All his previous ventures have been MJ/CBD and he did not get involved with VRUS, which is a distribution vehicle, for any reason other to advance his other ventures.
Also, look at what sello posted in this post I'm replying to in regards to Monaker and MPhase, which Anshu is CEO of.
Very interesting point sello made about trading their holdings in VRUS in exchange for a technology that Monaker needs to advance their business needs.
VRUS FTW
Morning team VRUS
Let's start green and end green.
VRUS FTW
I'll also add this to put your mind at ease.
Sello posted this earlier.
"Re: downandoutthanksd Post# 81220
Authorized shares are on lockdown, all in the filings. 250% secured for the 1.45 promissory note, 1 bill for the warrants, and 250% secured for the Monaco note. 6 bill.
Garnock is using the warrants to buy the conversion shares and Monaco note isn't due until November. The only sales we could see are Monaker but they addressed this in their conference call yesterday, saying they have no interest in harming VRUS, or selling this low. "
VRUS FTW
Lol.
The conference call and the transcript thereof was posted earlier. No, they are certainly not selling in pennies when they can sell for dollars.
The chance for cheap shares was today.
VRUS FTW
Saw some nice stable movement today.
Will we see 3s tomorrow Tony??? Or maybe 4s???
VIBI will be the next penny runner.
VIBI FTW
I just like to post the blatant irrefutable truth.
Was a quiet day for me so I'm just using up my posts...
Many thanks for the cheap shares today and my condolences to those that got shaken...
VRUS FTW