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Vrus! 6B shares, I’d advise vickers to see who’s selling and profiting.
https://www.vickers-stock.com
Imo well find out who’s owed and who’s profiting.
Vrus! Default..convertible notes payable..(793,327).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146484563
Assuming contracts lead to revenue, default payments would not exist.
Backlog IMO reflects a false promissory, while Ceo banks since 2016 and can’t make simple payments, never a good sign.
Cheers
Vrus! Chapter 11 bankruptcy is designed to allow struggling businesses to restructure their finances and maximize the return to their creditors and owners.
..There is no absolute limit on the duration of a Chapter 11 case.
..Once the “exclusivity period” expires, the creditors’ committee or other parties can propose competing reorganization plans.
..Chapter 11 plan is, in effect, a contract between the debtor and its creditors as to how it will operate and pay its obligations in the future. Most plans provide for at least some downsizing of the debtor’s operations to reduce expenses and free up assets. In some cases, “liquidating plans” are proposed to provide for a total shutdown of the debtor’s operations and the orderly sale of its remaining property.
https://www.nolo.com/legal-encyclopedia/chapter-11-bankruptcy-overview.html
CEO tried Hamiltonian-crooked offshore business and failed, now promises Dubai monies.
I could post screen shots of Ceo promising 2016 first year positive returns but we agree a struggling business often leads IMO to catastrophic losses for all parties.
All the best
Vrus! What’s coming is stall tactics Chap 11
1. Bogus issues since 2016 total failure of success in one year.
2. Ceo side jobs and $1M combined annual salary
3. Reorganization a preemptive declaration of Chap 11 Bankruptcy.
4. Alternative Financing forged in mud & Fictitious Dubai deal.
5. 6 Billion shares waiting to pay debt and CEO.
CEO modus operandi as he collects IMO.
Regards
VRUS! (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
[X] No
01/30/2019
https://www.otcmarkets.com/filing/html?id=13179350&guid=wimtUqQTZejDO3h
ISIN: US92537A1060 1/31/2019 Daily
Strong Sell
Moving Averages:Strong Sell Buy (0)Sell (12)
https://www.investing.com/equities/realbiz-media-technical
VRUS! Default..convertible notes payable..(793,327)..
..Legal and professional fees 44,215..Net loss (759,088) ..convertible promissory notes..908,250
..The Company incurred a net loss of $1,576,655 for the nine months ended July 31, 2018...working capital deficit of $1,208,361,..and an accumulated deficit of $25,018,786.
..At July 31, 2018 and October 31, 2017, there was $1,349,618 and $975,250 of convertible notes payable outstanding,..Additionally, at July 31, 2018, the Company was in default..default provisions include..interest rates..18% to 24% per annum,
https://www.otcmarkets.com/filing/html?id=12975437&guid=sQmtU6VAlJ3eR3h#FORM10-Q_HTM_A_010
Often a deficit, loss, default and leads to reorganization also known as IMO Chap 11, securing Ceo's salary and internal controls. Signs are very clear 6B shares for payments/diluting share holder value.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146465805
Vrus! No Nasdaq if ever, why?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146378901
Ceo incoherent-flawed business practices!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146361309
IMO
Vrus! My friend Ceo announced in 2016 major success only to flatline in 2019 raising AS to 6B in pre-14C and words such as ..”reverse split”, or spin off awful suspect and my recent chap 11 summation..IMO serious risk.
I would advise reading Ceo salary contingencies penned into contract for grand scheme, theme and lack of warmth.
All the best
Vrus! Chap 11 Bankruptcy provides for reorganization
.
Chapter 11 - Bankruptcy Basics
This chapter of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.
https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics
The adherence or sequence of look alike sound alike IMO shares similarities of CEOs proposed plans.
Good luck to all
Vrus!..failed payment of debt $700k+ penalties due, minuscule cash (if any) and a break even point of $6M. Post creative financing (magic formula where?), notes to mature in 2019 and those 6 Billion shares to funnel in archaic fashion.
The inevitable RS Imo combined with a lack of profit..buyer beware scenario.
Regards
VRUS! CEO cross sector habitual pattern!
Previously Mr. Bhatnagar was the Chief Executive Officer for US based global food distributor American Agro Group and its Dubai affiliate, growing that company's revenues to over $100,000,000 in four years. Mr. Bhatnagar is also the Managing Member of the private equity firm Blue Capital Group which focuses on commercial real estate and investments in cross sector companies..including video production
"I am looking forward to tremendous growth and expansion in our first year of operations," said Mr. Bhatnagar.
http://www.marketwired.com/press-release/realbiz-announces-new-food-operations-division-chief-executive-officer-otcqb-rbiz-2183484.htm
CEO..US Based, Dubai connect & real estate (?), "private financial activity"<< possible toxic lending or pyramid scheme and back to food. Not sure where video production fits, low budged movies?
CEO promised tremendous growth in 2016, current year 2019 and he added 6 Billion shares that's 2 Billion per year and even trip-runners do not cross 1 Billion increase per year threshold. CEO did not meet past performance of $100m.
IMO!
VRUS! Correction 1% original net worth not 10%.
$5 bones becomes $05 pennies IMO.
VRUS! $5.00 per share.."Conversion Price".. $0.05
Form 4A 1/11/2019
(5) Each share of Series C Convertible Preferred Stock is convertible into such number of shares equal to the Stated Value divided by the Conversion Price. "Stated Value" initially means $5.00 per share and "Conversion Price" initially means $0.05 per share.
(6) The Series C Convertible Preferred Stock have no expiration date.
http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&FilingID=13152534&companyid=774051&ppu=%252fdefault.aspx%253fcik%253d1430523
Grade D Bearish!
https://otcbb.swingtradebot.com/equities/VRUS:OTC
Moving Averages: Strong Sell Buy (0) Sell (12)
https://www.investing.com/equities/realbiz-media-technical
No such thing as self-imposed quiet period, VRUS was more active with filing pre-14C, upcoming RS and form 4A. How does $5 convert to $.05 horrible return? Upon factoring additional 6B shares and RS $5=$.05 = 10% original net worth or 90% lose on effective date IMO.
Vrus!..VRUS)’s direction is Weakening. Verus International Inc. (VRUS)’s opinion strength, a long-term measurement of signal strength vs. the historical strength, is Weak
https://parkercitynews.com/verus-international-inc-vruss-technicals-in-focus/179123/
Weak!
..1% odds for a major price move..The 9-day difference between a short-term and long-term moving average. A value above 0 indicates a bullish signal while a value below 0 interprets as a bearish signal. Verus International Inc. (VRUS)’s 9-Day MACD is 0.0001 and its 14-Day MACD is -0.0001
https://parkercitynews.com/digging-deeper-into-the-fundamentals-of-verus-international-inc-vrus/179358/
Overall Average:
72% SELL
Overall Average Signal calculated from all 13 indicators.
https://www.barchart.com/stocks/quotes/VRUS/opinion
Delay, weak, down...?
ONCI! Application Statistics
Total 401
Paid, But Incomplete Applications 120
Applications Referred.. 269
Applications Approved with Conditions² 4
Licences Issued³ 8
https://justice.gov.bc.ca/cannabislicensing/policy-document/application-stats
Non-Medical Cannabis Private Retail Store Licence Issuance Factors
https://www2.gov.bc.ca/assets/gov/employment-business-and-economic-development/business-management/liquor-regulation-licensing/documents/non-medical_cannabis_private_retail_store_licensing_update.pdf
How many cannabis retail licenses will be issued in BC?
The province will not place a cap on the number of retail licenses issued; however, one licensee can only hold or have interest in a total of eight retail cannabis licenses.
Local governments may limit the number of licenses permitted within their jurisdictions; they may also elect to not allow the retail sale of non-medical cannabis.
Are there fees associated with the licensing process?
Yes; there will be an application fee of $7,500, which includes the security screening and financial integrity check. Retailers will also pay an annual licensing fee of $1,500.
If I, a family member, or a business partner have an interest in a federally licensed producer and processor, can I be considered for a retail license?
Yes, retail applicants may also have an interest in producer/processors. However, if there is a close financial or other association between a producer and retailer, the LCRB will restrict the relationship to ensure diversity in the marketplace.
Will online cannabis sales be authorized?
Yes; online sales will be government-operated
How do I obtain non-medical cannabis to sell in my store?
Licensed retailers may obtain non-medical cannabis only through the LDB.
https://www.covasoftware.com/canada-dispensary-laws/british-columbia
Name Type SIFTHOUSE INDUSTRIES LTD. B.C. Company
https://www.bcregistrynames.gov.bc.ca/nro/
SIFTHOUSE INDUSTRIES LTD. BC-1189489 2018-12-07 Active
https://www.nuans.com/auth/app/scr/corp/nuans/public/PreSearch.html?name=Sifthouse&src=%C2%A0%C2%A0%C2%A0Next%C2%A0%C2%A0%C2%A0
Vancouver can be as high as $30k and licensing under existing business would speed the process and reduce cost's. Sifthouse Technologies probably focused on technology and other business aspects of Cannabis.
Cheers
Vrus! No Nasdaq if ever, why?
..must be $4.00..alternative of $3.00 or $2.00
..companies must meet all of the criteria under at least one of the following standards.
Standard No. 1: Earnings
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no single year in the prior three years can have a net loss.
Standard No. 2: Capitalization with Cash Flow
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Standard No. 3: Capitalization with Revenue
..average market capitalization over the past 12 months is at least $850 million and revenues over the prior fiscal year are at least $90 million.
https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/
Minimum requirments of three year positive cash flows has not been meet and IMO MKR knows this as does the finance expert CEO. Now if spinoffs exceed $850M for 12 months then yes but relativism 99.9% probability Vrus will not trade in Nasdaq, which means 6B shares is sealed in the 14C to finance operational cost via future toxic dilutor and Ceo’s Gorged annual salary+bonus requirements. Last but not least the break even point for Vrus at 1.5B shares was $6M and now the AS is 7.5B diminishing share holder value grossly!
Good luck to all
Vrus! Restart, spinoff, RS, 6B increase all good for Otc?
Ceo IMO is a finance professional, experienced, and “well paid”.
I can’t help but ask how many times, how many companies?
Cheers
Vrus! Caribbean real estate failed, now Dubai?
..2017 a “difficult year”.. more current information..
..Company spent nearly its entire first 12 months in operation under the cloud of lawsuits
..headquarters in Dubai
https://www.otcmarkets.com/stock/VRUS/news/RealBiz-Media-GroupVerus-Foods-Provides-Corporate-Update-Announces-SEC-Approval-for-Spin-Off-of-Real-Estate-Division?id=189949
Caribbean queen got sued but more current and ready for Dubai?
..Verus will handle the distribution of a range of juice products..could have a meaningful impact on Verus revenues by the 2018 time frame.
https://www.otcmarkets.com/stock/VRUS/news/RealBiz-Media-Group-Verus-Foods-Announces-Exclusive-Juice-Distribution-Agreement-with-The-Walt-Disney-Co-in-the-United-A?id=170497
What happened to Pedo Disney deal, logistics as in Uber driver, wait I see safe harbor statement?
..03/26/2018 10k
https://www.otcmarkets.com/stock/VRUS/disclosure
Jan 31-Feb-1 no 10K IMO, 14C matures to adulthood will it be a miser with huge appetite?
Glta
Vrus! Nice point, hope it all comes together.
All the best!
Onci! Grade “A”.
https://otcbb.swingtradebot.com/equities/ONCI:OTC
“Buy”
https://www.barchart.com/stocks/quotes/ONCI/opinion
Beautiful cup and Handle, next move .007..followed by pennies!
All the best
Vrus! Falls below 50 dma, downgraded!
http://www.allotcbb.com/quote.php?symbol=Vrus
..The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
https://otcbb.swingtradebot.com/equities/VRUS:OTC
Trendspotter Sell
https://www.barchart.com/stocks/quotes/VRUS/opinion
VRUS! All the best my friend hope it works out.
Ceo is set at $1M "per year", I would imagine it is in his interest to stay there until termination date<<<. If objectives are meet great for all, if he is planning on diluting for years then slow pain.
From “Pink Sheets” To NASDAQ. A Case Study in OTC-To-NASDAQ Up-listing
https://medium.com/datadriveninvestor/from-pink-sheets-to-nasdaq-a-case-study-in-otc-to-nasdaq-up-listing-89aa063727c0
Opposite point, many successful companies remain in OTC and raise revenue before uplisting. Why the urgency to move to move big board?
all the best
VRUS! $1M fee to clean up a shell? Sounds like a good plan?
....The overall Transaction may result in significant future dilution to existing Shareholders of the Company.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146091063
The above right after 7.5B surprise.
Gymnastics and forward promises. Realism defined by CEO's penned documents. Neither Share holder value nore care. I am unclear how a RS cannot be ruled out?
I hope this works out for all the good folks, IMO.
VRUS!.. Grant discretionary authority.. Common Stock would be combined and reclassified into one share of Common Stock at a ratio within the range from 1-for-2 up to 1-for-400 (the “Reverse Stock Split”),
This notice and the accompanying Information Statement shall constitute notice to you..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146087211
IMO good luck
VRUS! Mr. Bhatnagar is currently the CEO of Verus International (VRUS), a global consumer products company, and will continue in that role..
https://globenewswire.com/news-release/2019/01/22/1703840/0/en/mPhase-Technologies-Inc-Names-New-CEO-Announces-Change-in-Strategic-Direction.html
Item 1.01 Entry into a Material Definitive Agreement.
..Mr. Bhatnagar beneficially owns an aggregate of 13,109,104,031
.. representing in the aggregate 74% of the total outstanding shares of the Common Stock (for voting purposes).
Reserve Agreement
..parties to pay approximately $133,010.00 of monies owed to Officers and Directors of the Company.
https://www.otcmarkets.com/filing/html?id=13161000&guid=5ZRtUePH2yK8R3h
Ceo has secured his voting rights authorizing share increase & RS.
CEO increase total shares.
1.5B now 7.5B + Authorized Shares 125,000,000,000
CEO salary requirements + Bonus $900k + Shares $133K+ = $1M CEO.
CEO IMO penned above securing voting rights for RS, Share increase and suffices salary urgency to conceivably dilute.
Good luck to all
VRUS! GuruFocus has detected 5 Warning Signs..OTCPK:VRUS.
Piotroski F-Score: 3
Net Margin (%) -23.5
Altman Z-Score -26.6
ROA % (ttm) -78.6
Higher Current Ratio y-y N
Less Shares Outstanding y-y N
Gross Margin Increase y-y N
https://www.gurufocus.com/stock/OTCPK:VRUS
Is Verus International Inc. (VRUS) a Buy? What Do the Technicals Say?
..TrendSpotter Opinion,..SELL
..Verus International Inc. (VRUS)’s direction is Weakening.
, a long-term measurement of signal strength vs. the historical strength, is Weak.
https://parkercitynews.com/is-verus-international-inc-vrus-a-buy-what-do-the-technicals-say/168851/
ONCI! The Differences in Tax Reporting Between Publicly Traded Corporations & Privately Held
A publicly traded corporation is required by law to disclose information about the company’s financial performance to its shareholders and the Internal Revenue Service.
https://smallbusiness.chron.com/differences-tax-reporting-between-publicly-traded-corporations-privately-held-36563.html
https://www.otcmarkets.com/stock/ONCI/overview
My friend revenue sources all publicly verifiable via online, reported to IRS per alternative reporting standards.
all the best Onci$
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/
..Awesome Mobile Apps for Truckers
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
EFS How Fleet Cards and Mobile Can Provide Relief. Fleetsafer
https://www.efsllc.com/amp/2018/06/13/fleet-mobile-provide-relief-summer-heat/
Apps for Truckers – Best Apps for Truck Drivers
Fleetsafer
https://www.nonforceddispatch.com/best-apps-truck-drivers
3 Key Tools for Managing Your Fleet..Fleetsafer
https://www.intelligenthq.com/resources/3-key-tools-for-managing-your-fleet/
$Onci!
ONCI! “wealth conscription.”Well founded events, appraisement & my opinion 2019
Morningstar Quantitative Equity Report Undervalued! 2019.
MorningStar
ONCI OTC Markets Disclosure negotiations and contracts.
ONCI
Operating Results Oct 31-2018
$4.5M sales, $8.1M Assets,$4.8M A/R ,Y/Y 252% Increase.
Annual Report Dec 2018
On4 Communications twitter treasure trove of information and multiple meetings with many large accounts including, BMW, Uber, Costco and National retail dealerships.
On4 Twitter
Cogosense products are available globally through a robust network of reselling, referral and licensing partnerships.
Cogosense Partners
Aegis Mobility Creates the Industry’s First Safe Driving Enforcement Solution for Apple iOS
Apple Magazine
Multiple Patents
Patents Assigned to Aegis Mobility, Inc.
Authorized Resellers worldwide
Bsafemobile The distracted driving solution for families and small businesses.
Order Today
Carmax & Autonation combined 513 dealers.
Share holder letter
Sprint
Sprint Enterprise Solutions
Fleetcompare Italy
Italy
Drivercommander
UK
Sonim Technologies
ST
Sifthouse Technologies Cannabis
Sifthouse Technologies
Name Type SIFTHOUSE INDUSTRIES LTD. B.C. Company
https://www.bcregistrynames.gov.bc.ca/nro/
SIFTHOUSE INDUSTRIES LTD. BC-1189489 2018-12-07 Active
https://www.nuans.com/auth/app/scr/corp/nuans/public/PreSearch.html?name=Sifthouse&src=%C2%A0%C2%A0%C2%A0Next%C2%A0%C2%A0%C2%A0
Onci was valued at $39M last Sept 2017! extremely undervalued with economic growth and future unrealized accounts, debt & share reduction, pending negotiations.
We have a Monster Pick
September 15, 2017
Currently trading at a $39 million market valuation ONCI on the books..The Company is led by successful entrepreneur. Steve Berman and they are making big moves in the trillion-dollar mobile App space announcing one huge contract after another. ONCI has attracted a huge shareholder base who is bidding this one higher.
Monster Pick
$5m plus some paid
Pay Attention: Distracted Driving Could Boost Your Insurance Rates By As Much As 41%
National Highway Traffic Safety Administration, 3,477 people were killed and 391,000 were injured in motor vehicle crashes that involved distracted drivers..That may not sound like much of a budget-buster, but it represents a premium increase of 7,944% since 2011,
Forbes
Warren Buffett says distracted driving will cost drivers
..With the mass popularity of smartphones and other devices, distracted driving is also becoming a greater problem on the roads..The agency estimated the costs of accidents..$412.1 billion.
Warren Buffet
Life on the Road: The Cost of Distracted Driving
Distracted driving..costs approximately $175 billion a year,..HTSA) estimates that all highway accidents represent nearly $1 trillion in economic damages.
1 trillion
Insurance companies and affiliated pay economic damages per year, $175 billion due to Distracted driving. All highway accidents represent nearly $1 trillion in economic damages.
Recent accounts
Autonation
new vehicle unit sales in 2018 ..16.8 million units..Our parts and service and finance and insurance operations, while comprising approximately 21% of our total revenue for the six months ended June 30, 2018, contributed approximately 74% of our total gross profit for the same period
..ended June 30, 2018, we had net income from continuing operations of $97.4 million..
AN-CM Retail
..Insurance companies are the golden goose because they have so many policies in effect. The fact that they can save money by offering Bsafe to their policyholders is very appealing to them. It also provides great branding for them to promote the fact that they can save lives.
SHL
..CNA policyholders have preferred pricing that represents a 25% cost savings over the regular rate for Cogosense services.
CNA Cogosense
ICBC insurance to consider.
Insurance
In my observation insurance companies would rather pay for Cogosense devices-Apps for savings to prevent $174 Billion dollars in paid economic damages. Customers save 25% from insurance partners and affiliates for installing Cogosense apps-devices, hence free roughly 14 months later @$175 upfront cost.
Cogosense valuation prior to share reduction, where does that put us?
Dec 15-2018 = Grossly undervalued
$50 M =
$100 M =
$1B =
IBR Target$.025 long over due for correction, before share reduction or big retail.
IBR
Valuation
Marketing team theDigitent & Working Group media.
We can't wait to work with you!
thedigitent
BSAFE MOBILE SIGNED WORKING MEDIA GROUP AS AGENCY OF RECORD TO HANDLE MEDIA PLANNING, EXECUTION AND ANALYTICS
workinggroupmedia
Multiple private labels, Share reduction TA-received, Sprint, Autonation, Carmax, Sifthouse Technologies BC, IMO significant monies to be made.
Glta
ONCI! Name Type SIFTHOUSE INDUSTRIES LTD. B.C. Company
https://www.bcregistrynames.gov.bc.ca/nro/
SIFTHOUSE INDUSTRIES LTD. BC-1189489 2018-12-07 Active
https://www.nuans.com/auth/app/scr/corp/nuans/public/PreSearch.html?name=Sifthouse&src=%C2%A0%C2%A0%C2%A0Next%C2%A0%C2%A0%C2%A0
$ONCI
VRUS! Perhaps Ceo is planning on leaving now that his salary requirements are epitomized?
VRUS! Fact finders suggest same CEO, share holders deserve Transparency.
all the best
Vrus! Point well taken. I am still trying to find the share holder value in the following.
The term of employment..Effective Jan 11.. expires.. 2024
..The overall Transaction may result in significant future dilution to existing Shareholders of the Company.
https://sec.report/Document/0001213900-19-000649
14C struck in the same 24 hours. Ceo did offer his intent of futures explanation.
If Ceo is not offering value on one side, this type of management could trickle over another.
Credibility!
Cheers
Vrus! No positive impact for shareholder.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146121384
CEO only benefactor!
Vrus! CEO admittance involvement & plus salary in the fins.
..no impact on any of the initiatives at Verus International.
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! Greetings my friend. 10k release before 14C more appropriate?
Cheers
Vrus! Ceo authorizes RS, AS increase 7.5B & unjust salary requirements per filings.
CEO salary per his filings x2 =$900k plus dilution.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146121384
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146091063
After getting caught raiding two cookie jars Ceo admits on Twitter.
..my recently announced involvement with mPhase. This will be explained..
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! SEC.. “Red Flags” when investing in Microcap Stock
..Assets are Large but Revenues are Small
..Check out the people running the company
.. Data..4,000 litigation releases
https://www.sec.gov/spotlight/microcap-fraud.shtml
CEO salary, $20m backlog and company can’t break even less $6M.
Little if any profit last fins, A/S increased from 1.5 to 7.5b, read recent Sec micro cap fraudsters signs all there.
Vrus! .."Pump and Dump" is a type of stock fraud involving the use of false or misleading statements to increase stock prices and then sell the inflated stocks to the public. Stocks of microcap companies, which have low capitalizations and limited assets, are highly vulnerable to “pump and dump” because they can be easily manipulated. Microcap stocks often lack reliable public information about the company and have a limited historical record. Many of them trade on the over-the-counter (OTC) markets such as the OTC Bulletin Board (OTCBB) or OTC Link LLC (OTC Link). OTC markets lack transparency in trading and have lax financial standards.
A typical “pump and dump” scheme begins with stock promoters loading up on stock of a microcap company.
https://www.law.cornell.edu/wex/investor_protection_guide_micro-cap_stock_fraud_%28%22pump_and_dump%22%29
Greater share quantity and not breaking even in revenue equates to diminished investor value.