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Onci! Products offered at Sprint is Fleetsafer, different from Bsafemobile or bfound. Point being why would corporate do reviews?
https://retail.sprintfrontlineassist.com/app/public/uploads/4375_454041_FAST_DI_Solution_FleetSaferEnterpriseSolution_v9a.pdf
..Cogosense’s servers via a wireless connection, providing features such as automatic activation..
..GPS technology is used in conjunction with Cogosense services,..Information gathered by Cogosense is stored in Canada ..
..Cogosense secures the personally identifiable information you provide on computer servers in a controlled, secure environment, protected from unauthorized access, use or disclosure.
http://cogosense.com/distracted-driving/fleetsafer_privacy-en.htm
More monies in corporate level sales but Bsafemobile is gaining track action retail level, have a look at the financials. Last downloads are directly from Cogosense servers.
I wouldn’t put faith in google it’s a spy company over valued IMO.
Cheers
Vrus! Paid profile
..We offer programs that are designed to your objectives and tailored to your budget at a very reasonable and affordable prices.
https://stockmarketquarter.com/corporate-1#
Onci! I have never reviewed a product or filled a survey, nor will I ever!
I know that warranty of merchantability (terms) is “voided” upon mailing the card inside the box. In fact I know that filling surveys profit marketers and I get nothing in return. Many Industries have minimal reviews and Cogosense downloads are directly from Cogosense server per FAQ at Cogosense.
Irrespective over 1000 reviews exist for Fleetsafer and I doubt fleet does surveys all the time and it may even be against company policy.
Vrus! Accumulated deficit $25million, Liabilities $2.7m, series A120m, series B 1m, series C 1m.
https://www.otcmarkets.com/filing/html?id=12975437&guid=aTctUqbKf11wfth
Anyone may verify.
https://www.vickers-stock.com/index.asp?err=DEEP
Break even point was $8m and defaulted loan (new terms) still owed through 2020. Should Loan default again that’s $2.9m penalties and 100% interest. OS was maxed, did not qualify for favorable financing as such AS was raised to 7.5B. Company is not making profit as promised since 2016 by Ceo. Not to mentioned Ceo’s Salary (Between 2) plus bonus ball park $1M.
I doubt its a coincidence. Advisable to follow all events from 2016 IMO.
Gltu
ONCI! Five-Star–the stock is undervalued with a reasonable margin of safety. Log(Quant FVE/Price) > 1*Quantitative Uncertainty
http://quotes.morningstar.com/stockq/analysis-report?&t=PINX:ONCI®ion=usa&culture=en-US&ops=clear&version=RET&cur=&e=eyJlbmMiOiJBMTI4R0NNIiwiYWxnIjoiUlNBLU9BRVAifQ.voHMJb8dtd2CObUXyUdf6w0qqbEIln5Tm7IvH-UWhBpkKC5t6PPaQUXiZgpb_QtUieN8n8zeCe83bCqUVpKa_OoEzPxAK_U3XNjkb84Jllf1MRSyIIccv_LenK9KFAPc-Z5ZAEZfNaNbMsux6s12t7AWvOYihLJ014QSXLOJ74M.PmPFMKd8Y823yIc9.V-iqE9Xj8Vi1iNSTMAwKN6rLIO_2aIuqwdO2Tg-NZy71etcd6CLrfCk8ectnXCVFO0vARiZ6WHCDnL1mZTPMnCkCVwxMYCDvLFe1dIm0oVHu22UbF1pLv6LKT1AGnZK6YHUHavTWJqMn9aZf7FIk-H-FEASQmnXcuxfZNWzRNjVaRqGlR1dwiHnIcm1YVIDmcfePy_ZDuia2kpPloFqTCDs9R541UsBdMWq5l1o.oCZNDo4rwWNBvIpwCnS5Ew
Data, financials, patents! All the best my friend.
$ONCI
VRUS! Buy vol 2.1M, Sell Vol 3.6M
https://ih.advfn.com/stock-market/USOTC/verus-international-inc-VRUS/trades
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146781694
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146638727
VRUS!.. Net Loss..$1,835,841..an increase of $573,255..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146638727
If "greater losses" post in the late annuals, look how below.
ONCI! Financials is stellar that is how the market functions.
$ONCI!
VRUS! 3rd correct call this week, Gap to fill.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146830399
Follow the financials not emotions, especially when upward momentum is lost and market-sells prevail.
GLTA
VRUS!..still in a precarious position despite the recent spike..the company is still shrouded in a lot of uncertainty when it comes to long-term prospects..
..A breach of the support level could open the door for short sellers to push the stock back to this year’s lows.
https://insiderfinancial.com/verus-international-inc-otcmktsvrus-financing
P&D last May-July same exact price move, broken cup.
VRUS! Warning! Delinquent SEC Reporting..This company may not be making material information publicly available
Buying or selling this security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties.
https://www.otcmarkets.com/stock/VRUS/overview
https://www
I want to take a moment to answer a question about my recently announced involvement with mPhase. This will be explained in an upcoming press release, but investors should know that this will have no impact on any of the initiatives at Verus International. $VRUS
— Anshu Bhatnagar (@AnshuB9) January 14, 2019
Vrus! Critical analysis and timeline of events per Ceo own filing!
Please take a moment and read prior posts on Ceo salary, cash “is missing”, a “void”.
Makes no sense to hype and pass bags does it?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146781694
Before it happened.. all by going with publically available fins and Ceo chatter!
Gltu
Vrus! Good Folks don’t gamble your hard earned money. Always (emphasis) take few minutes and read-dissect the fins, especially portion on debt, cash and how CEO rewords financing scheme! When possible find a company that has respectable clients, revs, or even smells good!
As far as charts look back in August when this dropped after failed P&D first red lead to Hybernation.
I want to take a moment to answer a question about my recently announced involvement with mPhase. This will be explained in an upcoming press release, but investors should know that this will have no impact on any of the initiatives at Verus International. $VRUS
— Anshu Bhatnagar (@AnshuB9) January 14, 2019
The first domino has dropped! Super excited!! https://t.co/4zh666sX18
— Anshu Bhatnagar (@AnshuB9) February 11, 2019
Vrus! Gap to fill $.003. Irrational exuberence, pumps gonna deflate.
$8m break even point (which translates to many years out) and just kicked the toxic can down the road.
Make sure folks to read the late fins line by line. CEO had to amend (correct) his latest 8K after trying to slide a fast one on the institutional fella..a final pump which today didn’t go to well.
2 year chart classic P&D 2x.
Night!
Vrus! Clay welcome, let’s drive to Gaithersburg snap some pics of their office. Maybe we can get some canned produce, see if they are good guest keepers ;)
Check this out!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146781694
All the best
VRUS! Financially nothing positive & additional risky criteria.
https://www.otcmarkets.com/stock/VRUS/disclosure
1 AS increased 6B
2 RS authorized regardless of how one interprets.
3 Note delayed-switcheroo
4 Can't pay notes
5 new note holders regardless of creative CEO financial connotation!
..my recently announced involvement..
I want to take a moment to answer a question about my recently announced involvement with mPhase. This will be explained in an upcoming press release, but investors should know that this will have no impact on any of the initiatives at Verus International. $VRUS
— Anshu Bhatnagar (@AnshuB9) January 14, 2019
VRUS! If everything I said was true then everything I said is true.
Said above!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146638727
Evidence!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146778892
Factfinder!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146576067
Left behind?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146484563
Share holders should know who is selling.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146531467
https://www.vickers-stock.com/
Chap 11 is a legal "Right" for corporations!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146465805
CEO Grants authority for RS.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146321010
CEO double dipper Plus Salary in his own filings.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146246102
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146319839
Per Ceo and Vrus filing's and not hope or speculation, knee jerk reaction. The important part is we know which company is profiting in the OTC, and per all the above VRUS is not!
GLTA Knowledge is priceless!
VRUS! Everything I said came true.
..Donald Monaco, has agreed to extend his $530,000 note for an additional nine months,
..its 10-K, which was delayed while the debt settlement was in process.
https://www.otcmarkets.com/stock/VRUS/news/Verus-International-Announces-145-Million-Financing-and-Retirement-of-Notes?id=218192
THe 10K was Delayed for exact reason on my last post, No money. CEO was scrambling to find monies since existing debt was already in default. A 9 month life support assuming Institution holds in, "Good faith". I have seen it before Institutions dumping as share price rise. They sell for profit just as retail.
Onci!! Nuca National partners CNA, John Deer, Cat.
https://www.nuca.com
National Utility Contractors Association
Sep 12 2018
Special Guest Presenter: Bill Jenkins, CNA Insurance Olen Vanderleeden, “Fleetsaver” by Cogosense
Come listen as CNA Insurance specialist Alvin “Bill” Jenkins frames the issue of distracted driving and Mr. Olen Vanderleeden of Cogosense explains the “Fleetsaver” system.
https://www.nuca.com/ev_calendar_day.asp?eventid=7&date=9/12/2018
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143251185
Bfoundmobile growing in construction and heavy equipment. Fleetsafer already in place with CNA insurance and Sprint.
$Onci
Onci! Important to read line by line.
Agreed profitable company No RS.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146382540
Absolutely strong forward projections.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146382540
..Quantitative Fair Value Estimate: Intended to represent Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today.
..The quantitative equity ratings noted in the Report are provided in good faith,
..This report was created with no regard to investment objectives, financial
..Morningstar does not receive commissions for providing research and does not charge companies to be rated.
http://quotes.morningstar.com/stockq/analysis-report?&t=PINX:ONCI®ion=usa&culture=en-US&ops=clear&version=RET&cur=&e=eyJlbmMiOiJBMTI4R0NNIiwiYWxnIjoiUlNBLU9BRVAifQ.voHMJb8dtd2CObUXyUdf6w0qqbEIln5Tm7IvH-UWhBpkKC5t6PPaQUXiZgpb_QtUieN8n8zeCe83bCqUVpKa_OoEzPxAK_U3XNjkb84Jllf1MRSyIIccv_LenK9KFAPc-Z5ZAEZfNaNbMsux6s12t7AWvOYihLJ014QSXLOJ74M.PmPFMKd8Y823yIc9.V-iqE9Xj8Vi1iNSTMAwKN6rLIO_2aIuqwdO2Tg-NZy71etcd6CLrfCk8ectnXCVFO0vARiZ6WHCDnL1mZTPMnCkCVwxMYCDvLFe1dIm0oVHu22UbF1pLv6LKT1AGnZK6YHUHavTWJqMn9aZf7FIk-H-FEASQmnXcuxfZNWzRNjVaRqGlR1dwiHnIcm1YVIDmcfePy_ZDuia2kpPloFqTCDs9R541UsBdMWq5l1o.oCZNDo4rwWNBvIpwCnS5Ew
The point being it’s imporant to stick with facts!
Cheers
Onci$
Onci! Morningstar trusted by Wall Street calls Onci Undervalue, that is a fact, where opinion makes for good entertainment.
http://quotes.morningstar.com/stockq/analysis-report?&t=PINX:ONCI®ion=usa&culture=en-US&ops=clear&version=RET&cur=&e=eyJlbmMiOiJBMTI4R0NNIiwiYWxnIjoiUlNBLU9BRVAifQ.voHMJb8dtd2CObUXyUdf6w0qqbEIln5Tm7IvH-UWhBpkKC5t6PPaQUXiZgpb_QtUieN8n8zeCe83bCqUVpKa_OoEzPxAK_U3XNjkb84Jllf1MRSyIIccv_LenK9KFAPc-Z5ZAEZfNaNbMsux6s12t7AWvOYihLJ014QSXLOJ74M.PmPFMKd8Y823yIc9.V-iqE9Xj8Vi1iNSTMAwKN6rLIO_2aIuqwdO2Tg-NZy71etcd6CLrfCk8ectnXCVFO0vARiZ6WHCDnL1mZTPMnCkCVwxMYCDvLFe1dIm0oVHu22UbF1pLv6LKT1AGnZK6YHUHavTWJqMn9aZf7FIk-H-FEASQmnXcuxfZNWzRNjVaRqGlR1dwiHnIcm1YVIDmcfePy_ZDuia2kpPloFqTCDs9R541UsBdMWq5l1o.oCZNDo4rwWNBvIpwCnS5Ew
Per the red ink.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146565735
As proven with care multiple times sometimes the whole truth is not received.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146573237
$Onci
Onci! Gap to fill .005, share reduction, big deals, Del paid.
..Oct 15 2018, we reported an OS of 4,505,705 518. The new OS is now 3,105,705,518.
..Through Pharrel, we are in contact with large machinery companies including Cat and Deere
The 2nd private label..20 units in each dealership to start at $200 net to us, or $240,000 per month.
https://www.otcmarkets.com/stock/ONCI/news/story?e&id=1280531
All the best
$Onci
Onci! AS reduces to 4B with Hexa, currently 5B. Common sense suggests an undervalued stock prices rises with any reduction.
No one in their right mind will sell for a loss with all events and reductions!
Gltu
ONCI! I appreciate the response, but the fact remains.
MM's have been fined millions which implies illegal activity.
..Market-makers generally must be ready to buy and sell at least 100 shares of a stock they make a market in. As a result, a large order from an investor may have to be filled by a number of market-makers at potentially different prices.
https://www.sec.gov/fast-answers/answersmktmakerhtm.html
https://secsearch.sec.gov/search?utf8=%3F&affiliate=secsearch&query=market+maker+fined
All the best
ONCI! MM accumulate form the spread, and naked short that is a fact not up for speculation.
Explains Illegal Naked Shorting Being Perpetrated By Major Market Makers on MAXD Shares
8,117,878,650 shares shorted in the past year, which is more than 40% of MAXD’s total trading volume
https://globenewswire.com/news-release/2018/06/14/1524626/0/en/Explains-Illegal-Naked-Shorting-Being-Perpetrated-By-Major-Market-Makers-on-MAXD-Shares.html
Whistleblower Vindicated: Massive Trading Firm Knight Capital Charged With Abusing “Naked Shorts”
In a “naked” short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period
https://www.sec.gov/investor/pubs/regsho.htm
Citadel Securities Paying $22 Million for Misleading Clients About Pricing Trades
https://www.sec.gov/news/pressrelease/2017-11.html
https://theintercept.com/2016/12/15/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts/
Its not a matter of blame but a matter of how "Brokers-traders" profit$. I am the least worried about it because sooner or later MM will get fined even for trying to walk price down.
all the best
ONCI! Great news OS reduced. Early shake, all gaps filled, West Coast folks in hour.
BUSINESS
Shareholders, I am happy to report that we have reduced the OS of On4 Communications by 1.4 billion shares. For the 12 months ending Oct 15 2018, we reported an OS of 4,505,705 518. The new OS is now 3,105,705,518. In addition, we are working with the past CEO to retire the 30 million preferred shares that are on the books. I expect this will be done within the next week or so. These shares are issued in his name and cannot be retired unless certain criteria is met. The shares can never be converted to common but I want them off the books.
GIFTCARDEXCHANGE.SHOP
As we have discussed giftcardexchange.shop is moving very quickly. We have met with the web designers and have the beginnings of a platform. I have also met with 2 large NY department stores
PHARREL PROTECTION
..one of the largest roofing companies in the USA and Canada. This company has over 1200 light trucks and vehicles.
Through Pharrel, we are in contact with large machinery companies including Cat and Deere as well as large mining companies including Rio Tinto, Bhp and Vale for our Bfound mobile product and I believe we will be testing very shortly. The heavy truck business is a huge opportunity and we are moving forward everyday. This is an untapped market and we are the first to be there.
2ND PRIVATE LABEL
We are dealing with one of the largest dealer groups on the east coast with over 60 dealerships. The deal is 20 units in each dealership to start at $200 net to us, or $240,000 per month. This will roll out over a month. In addition, we are in talks with three other companies regarding private label opportunities; two in Europe and one here in the USA
SIFTHOUSE
we are in talks to lease 10,000 square feet of space in Vancouver by the river. This business has taken off and companies are making money hand over fist.
HEXAGON
THERE WILL BE NO REVERSE SPLIT." "
https://www.otcmarkets.com/stock/ONCI/news/story?e&id=1280531
Hexagon soon
$ONCI
ONCI! MM's are the only ones that can naked short and call it "Creating market", questionable practice per SEC.
MM have also been fined, internet search shows as such.
ONCI plenty accounts building, revenue, Monies to be made
$ONCI
Vrus! CEO promised Dec 2016 prosperous first year. No problem it’s 2019?
Remember when news papers said “God can’t sink the titanic”?
..Demographic analysis reveals that older, retired, low-income, and less educated investors experience significantly poorer outcomes in OTC stock markets. Given that retail investors are the predominant owners of OTC stocks, and the documented trend towards less transparent OTC companies, the results of this study have important implications for investor protection.
https://www.sec.gov/files/White_OutcomesOTCinvesting.pdf
Sec..few companies-investors profit in the OTC fundementals huge flaws IMO, per filings backed by study!
Luck!
Vrus! How many notes just “1”?
Good luck my friend, notes or debt or new debt?
1 notes
2 old notes
3 past notes
4 office fees
https://www.sec.gov/news/press-release/2013-2013-51htm
Important to read line by line. I hope Ceo is aware Sec consider twitter the same as PR.
All the best
Vrus! A “for rent” office may impress a few, it is unconvincing as Gaithersburg Maryland (sub-par) portion of Montgomery county compared to Bethesda-Chevy where solid corporate offices reside.
If I happen to stop by “Roy-Rogers” in the El-Chepo business district offices perhaps I may just ask front desk clerk rental costs to gauge operational efficacy.
After all everything here is finance who is paying this bill?
Only a few more days left but I am more interested in Q1 matured note (Jan 2019) was paid.
Vrus! Notes, maturity dates a reason for late filing?
Donald P. Monaco Insurance Trust a promissory note..$530,000..matures January 26, 2019..however, upon the Company’s failure to pay the obligations set forth in the Monaco Note on the maturity date, the holder may convert the Monaco Note into shares of the Company’s common stock at a conversion price equal to the lowest closing price..$137,250 (the “Actus Note 2”)..convertible note.matures on April 18..
125,000,000 shares of preferred stock,.. Net Loss..$1,835,841..an increase of $573,255..result of certain default provisions of our convertible notes payable, and a $189,483 payable as a result of a settlement of the Monaker litigation...Our total revenue decreased to $216,316..
..We did not have any cash used in or provided by investing activities..We have financed our operations since inception primarily through proceeds from equity and debt financings
https://www.otcmarkets.com/filing/html?id=12975437&guid=wH5tUn4B4DIV1yh
Anyone convert 125M P-share to common?
CEO Imo..a finance mastermind, double cookie raider (in his twitter admittance) is he scrambling to further finance as notes already matured (Jan 26-2019) and soon new notes hence delay?
Hope I’m wrong and he has backlog to cover.. All in the filings.
Glta
ONCI! Grade A!,Strong Buy!
https://otcbb.swingtradebot.com/equities/ONCI:OTC
Buy
MA10 0.0026
Buy 0.0026
Buy
MA20 0.0025
Buy 0.0025
Buy
MA50 0.0022
Buy 0.0024
Buy
MA100 0.0023
Buy 0.0024
Buy
MA200 0.0025
Buy 0.0023
Buy
Buy: 12
Sell: 0
https://otcbb.swingtradebot.com/equities/ONCI:OTC
Summary:Strong Buy
https://www.investing.com/equities/on4-communications-technical
Buy
https://www.barchart.com/stocks/quotes/ONCI
ONCI! Trend analysis above a penny!
http://www.stockta.com/cgi-bin/analysis.pl?symb=ONCI&mode=table&table=trend
$ONCI
ONCI! Onci! Grade “A”.
https://otcbb.swingtradebot.com/equities/ONCI:OTC
“Buy”
https://www.barchart.com/stocks/quotes/ONCI/opinion
Onci! Federal Communications Commission..FleetSafer products enable employers, or individuals, to proactively promote safe and legal use of mobile devices while driving. FleetSafer has multiple trigger options (including GPS, OBD or Telematics) for detecting driving state accurately. They also offer flexibility that large corporate fleets require to meet their diverse needs
https://www.fcc.gov/general/distracted-driving-information-clearinghouse
R&A Trucking Company..#1 Fleetsafer
1. FleetSafer Mobile
According to a recent study at Virginia Tech, truckers who text and drive are 21 times more likely to get into fatal crashes than truckers who stay off their phones. This app prevents drivers from texting by automatically returning a text message to effect of “I’m driving: call you later.
https://www.ratrucking.com/blog/tag/trucking-tips/
Top Ten Apps..FleetSafer!
https://ecapital.com/top-10-apps-for-owner-operators/
Insurance-Legal-affiliates!
Journal Of Transportation Law Logistics & Policy.. Fleetsafer
Active Technology tools
Active policy software solutions are available..Fleetsafer.
http://www.hpylaw.com/media/article/109_Journal%20of%20Transportation%20Law,%20Logistics%20and%20Policy%20-%20Third%20Quarter%202013.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140473939
Goodrich and Geist law firm Fleetsafer
Fleetsafer is an app that’s geared towards employers that want to have their workers employ safer driving practices. The app will put a mobile device into safe mode automatically when it detects the person is driving. This will block access, along with silencing the different alerts and notifications that can often be a distraction while driving.
https://www.goodrichandgeist.com/blog/top-5-apps-improving-safety/
Mike Schafer Law Fleetsafer!
Smartphone Apps To Stop Texting While Driving
http://www.mikeschaferlaw.com/blog/smart-phone-apps-to-stop-texting-while-driving.cfm
Aldridge & Aldridge Law Firm Bsafemobile.
https://www.aldridgeandaldridge.com/blog/2017/08/does-driving-with-children-in-the-vehicle-compromise-safety.shtml
The Best Apps for Heavy Haulage Companies.. Australia..Fleetsafer
https://www.nationalheavyhaulage.com.au/news/the-best-apps-for-heavy-haulage-companies
Apps for Truckers – Best Apps for Truck Drivers..Fleetsafer
https://www.nonforceddispatch.com/best-apps-truck-drivers
Key Tools for Managing Your Fleet..Fleetsafer
https://www.intelligenthq.com/resources/3-key-tools-for-managing-your-fleet/
Firms and Studies take note of efficacy of Bsafemobile and Fleetsafer technology.
$ONCI
ONCI! Welcome our new Mo8-, all the best.
Penny is coming fast IMO.
$ONCI
Vrus! Reasons for the Increase in Authorized
..in order to avoid defaulting upon its obligations, the Company must satisfy certain covenants in its debt..
..upon the conversion of its outstanding convertible debt instruments and preferred stock;.
..additional.. will provide..without limitation, future financings
..These shares may be issued without stockholder approval at any time, in the sole discretion of our Board of Directors.
Reverse Split
The Stockholders approved the Reverse Stock Split by written consent in lieu of a meeting on January 11, 2019.
..We believe that a decrease in the number of outstanding shares as a result of the Reverse Stock Split may decrease our annual Delaware franchise tax liability..
https://www.otcmarkets.com/filing/html?id=13183030&guid=PnNtU6TnBUz6rZh
Default..convertible notes payable..(793,327)
https://www.otcmarkets.com/filing/html?id=12975437&guid=sQmtU6VAlJ3eR3h#FORM10-Q_HTM_A_010
Does Vrus have a certificate of good standing since taxes are noted above?
https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx
Bankrupt companies Imo often increase the AS to meet note obligations. The language in the filings is alarming but expected given Ceo’s downlow other side jobs.
Glta
Onci! ..Outstanding shares is the sum of all shares of a company held by investors including restricted shares owned by company officers and institutional investors
https://www.upcounsel.com/outstanding-shares
..In turn, the share count is permanently reduced, which causes the remaining shares present in circulation to represent a larger percentage of shareholders’ ownership, including dividends and profits.
..For improving financial ratios..the improvement of financial ratios may just be an after-effect of such good management decisions. This results in an increase in the return on assets (ROA) ratio and return on equity (ROE) ratio. This then illustrates positive company market performance.
Undervaluation..will usually boost the share price and benefit the remaining shareholders.
https://corporatefinanceinstitute.com/resources/knowledge/finance/treasury-stock/
The reduction principle (although not repurchased) increases share holder value as the books are polished and positively effecting financial ratios. The third benefit and reason for reducing the OS or AS is for a company currently facing undervaluation.
$Onci
Onci! Welcome my friend and thank you.
$Onci
Vrus!..The publisher is not a registered investment adviser. This is a speculative blog, all post titles are strictly the publishers speculative unsubstantiated predictions..
https://rumormurmursbuzz.blogspot.com/?m=0
https://rumormurmursbuzz.blogspot.com/search?q=Vrus&m=1
DD..unsubstantiated!
Cheers
Vrus! CEO, lawsuit, Dubai Jubilee forgiveness, all doubt no transparency.
..December 22, 2017 (the “Settlement Agreement”) with respect to the lawsuits between the Company and Monaker Group, Inc. (“Monaker”).
https://globenewswire.com/news-release/2017/12/28/1275794/0/en/RealBiz-Media-Group-Announces-Global-Settlement-of-All-Legacy-Lawsuits-and-Announces-New-Financing.html
IMO Monaker wants out in totality or deal was partial short lived? Likely nestbuilder an additional cause for delay hence pre-14 filing. The ordeal list will not go away for many months out but just in time to raise 6B AS.
In any case debt was not paid, and the none dilutive financier did what? Still unclear on the Dubai saviour?
Mystery quest!
Regards
Vrus! Per Ceo filing 2016 first year was to be profitable. A tweet is the same as the PR, contradicts fins on default to creditors. However if AS is increased to 7.5B then perhaps IMO payments via dilution and CEO salary will be meet, if Chap 11 is miraculously avoided.
The Dubai financier-investor (or backlog of revenue) is unfounded this year or last!
The AS will raise and the debt remains+fees and interest and operational cost, until it-they are paid.
Glta