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I called that last run today.. WATCH THIS ONE!!! $VRUS GOING TO STILL BREAKOUT HIGHER !!!
On a forward basis, the Company would like to provide the following update: $VRUS
Verus has its largest funded backlog in Company history, currently at $24 million for delivery over the next 12 months
The Company’s unfunded backlog continues to be very large, but management has elected to discontinue publishing this estimate pending additional trade or working capital financing
All of the announced orders to date, along with orders under negotiation, are reported at base rates, with the potential for considerable expansion
The Company is in very late stage talks with commercial sources of credit to unlock a portion of the unfunded backlog
In terms of potential mergers and acquisitions, Verus is conducting due diligence on eight candidates and is moving forward on several of these companies. Two of these negotiations are at the final negotiation stage. It is not possible to say how many of these candidates will become operating subsidiaries until final contracts are completed.
In response to numerous investor questions, the Company does not have a reverse split planned at this time, but intends to grow organically to reach the necessary market cap level required for an uplisting to a major exchange
Verus continues to aim for an uplisting during calendar year 2019
“We have decided not to conduct a traditional earnings call this quarter, but will resume that practice next quarter when our financials return to a more normal spacing. Quite frankly, I have so many projects at critical phases, that I want to get these across the finish line as quickly as possible,” said CEO Bhatnagar. “I am currently working on M&A, new orders, and commercial credit arrangements for new business both overseas and, for the first time, here in the U.S.”
“In terms of the just reported quarter, investors should note that costs surrounding the recap were extraordinarily high and those expenses will normalize in the next quarter, making for some dramatic decreases on some of the expense lines. Because of that, we expect to begin generating an operating profit in future quarters, with bottom line profitability coming as well. In terms of calendar year 2019, our growth rate will continue to accelerate in each successive quarter as we layer on additional business. Based on our discussions with new sources of growth, we also anticipate significant product line and geographic expansion during 2019, with the potential to enter new countries and add higher margin consumer product categories. This is shaping up to be a watershed year for Verus.”
https://finance.yahoo.com/news/verus-international-inc-reports-145-213000477.html
Pressure building ..Get Ready.. $VRUS is ready to run hard..jmho
This is just getting started ...Anyone selling cheap will regret it.. $VRUS has turned the corner and is gaining strength.. The CEO is coming to shareholders with transparency.. can't ask for better..jmho
Does everyone here understand $VRUS is clearing 2 million a month?
"Verus has its largest funded backlog in Company history, currently at $24 million for delivery over the next 12 months"
https://finance.yahoo.com/news/verus-international-inc-reports-145-213000477.html
I'll say it again.. WATCH THIS SQUEEZE ..TIME FOR THE SHORT KILLER $VRUS TO SLINGSHOT HIGHER!!!
10 -10:30 this is gonna get good..jmho
$VRUS
Just wait and watch the panic buying.. shorts will be fried.. my guess any minute now..jmho ~ $VRUS
Like I said, the management is one of the best I have ever spoken with.They are working on a variety of things right now , I think we will see something soon ,I will let you all know what I hear .. I will call in sometime Thursday or Friday ..
Ok everyone..Still awaiting any report on progress,I have been voicing shareholders and questions to rollout, as we all know this is 2 very established companies and this transition process is slow due to the complexity of the merger.. with that said ..Anyone I have spoken with have been beyond excellent.. We have one solid group here in terms of management..I will let you all know if I hear anything more ..all jmho ..enjoy
$UBID
I hope so
No worries here More shorts to slaughter this week!!!
$VRUS
Get ready buddy I think we are close to something here..website ect ect..jmho
$UBID
I'll add this what Henry did is criminal ..All shareholders should join in a class action lawsuit.. I can only hope Henry goes to jail as well! #HENRYTHELIAR
$PHIL
Henry is the lowest P.O.S CEO I have ever seen! $PHIL
Won't matter.. 1000's of investors watched $VRUS Break the penny..Big investors should be scooping up the cheap shares ..jmho
$VRUS ~ We got a winner $$$ .. This really has a much larger potential than what most may think I hope you all understand what you own here..consider this 10 or 20 x's the current pps ..it could very well happen..jmho #lockednloaded
Bamm.. Told ya//...roflmao.. $$$$$$$VRUS
Just a bad attempt at a head fake ..jmho
$VRUS ~ Very Powerful trading.. Big Volume .Green and more Green ..This should continue to rise into next month..we all know the news has been great and getting better so .. keep um locked and loaded ..jmho
Crazy part is this thing just getting started ...jmho
$VRUS trading this a while back.. this should be worth 3 x's the pps.. again.. jmho
Agreed ...Load that Bid and this baby is gone! $VRUS
$VRUS ~ Pressure Building massive short cover here! **ALERT** $VRUS
POWER HOUR $$$$$$$$$$$$$$$$$$$$$$ ~ $VRUS ~
Nice steady climb into Friday power-hour ..$VRUS is strong and getting stronger this could be a gapshot breakout! JMHO
Is this trading? No bid/ ask? ..Halted? or just selling shares?
Get ready boys and girls ...Penny breakout ..Watch!! heard it here first!!!
$VRUS
Nice find ..Thanks for the heads up!! Looks like this is going to be a party here $$$$$$$
$UBID
This could really open 3x's the close jmho
$VRUS
Ok.. what moron sold shares today..roflmao $$$$$$
$VRUS
On a forward basis, the Company would like to provide the following update:
Verus is projecting that quarterly sales will grow in excess of 100% on a year over year basis and accelerate significantly throughout fiscal 2019
The Company is currently in negotiations for new contracts in both its core markets and other markets that would represent an expansion of the current product portfolio
With completion of the recent recapitalization, Verus has reinitiated discussions with commercial banks and other sources of non-dilutive financing
In terms of potential mergers and acquisitions, Verus is conducting due diligence on seven candidates and is moving forward on several of these companies. It is not possible to say how many of these candidates will become operating subsidiaries until final negotiations are completed.
Verus is approached almost weekly with partnership, acquisition, distribution and similar growth opportunities, so the consumer products space continues to show robust activity.
“Today’s update should be considered Part One, because the recap delay in filing our annual report has us bumping into the first quarter report for fiscal 2019, giving us the unusual case of near back-to-back financials,” said CEO Bhatnagar. “Because I have so many growth initiatives pending and we have fresh financials so close at hand, I have decided to resume our traditional earnings call format to coincide with our upcoming Q1/19 quarterly release, which is already in work. That will give me a little extra time to complete some important initiatives and provide us with more relevant financials to discuss.”
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147654758
$VRUS
$VRUS ~ NEWS OUT ~ VERUS INTERNATIONAL, INC. REPORTS 101% INCREASE IN ANNUAL REVENUE
https://finance.yahoo.com/news/verus-international-inc-reports-101-213000251.html
$VRUS
Did Henry really say selling the Notes won't STOP??
Another Real question is with under 500k market cap $PHIL and Henry are done????
Great C.C Henry You Truly showed how stupid you are!!!
PPS .0002 HENRY ..Your stupid and that's worst than a crook!
I'm stuck betting on this moron.oh my..buyers remorse
what is he sniffin' drugs?
He is a functional moron..Just listen .
To sum up this C.C >>>$PHIL ~
WHAT A LIAR #NOBODYBELIVEHENRY #BS
#ACCOMPLISHNOTHING #HENRY $PHIL #PPSLOSER #NEVERDID #SUPPOSE #BS
What does Henry not understand??? let's set the list!!!
#NOCredibility
#$PHIL
w.t.f. with the mute? here comes the horse turds..