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You're very welcome shots60!!! VRUS long and strong.
Very sad to know. :(
Thanks JV for letting us know. God bless him and rest in peace.
Excellent post Pro-Life. Thanks, totally agree and I love your comparison. VRUS the best stock in the OTC for real investors. The games are going to end soon and we are going to get the price we deserve from VRUS fundamentals. Some are going to miss it and will regret for playing these games that have been affecting our price.
Excellent post skitahoe, totally agree. I used to be a shareholder for long time, got impatient and sold, but now I bought back in the last few days with a bigger position than before. I have never been this positive about great things coming after all the events from last weeks (specially Duffy's announcement). This is going to be huge with or without a buyout.
Excellent deal as usual with VRUS. Thanks Horst, very informative post.
Excellent to have you posting here and writing about VRUS. Thank you, I read you and like you very much!!!!
Excellent post Shinook. Totally agree. A normal OTC company doesn't have this top class IR firm, lawyers, insurance, investors, etc. If they have the best in all fronts is because they have a BIG plan from the beggining. And maybe we don't even imagine how big it is.
TruthFairy, I'm always very happy to see you here. I wish everything went allright with your surgery and also please always take care of yourself. I wish you recover soon :)
Happy also to have your confirmation that you are still here with us (even though I was sure you never left us) and that we will continue getting your spectacular posts, analysis and DD. If it wasn't for the email from Mark that you shared I wouldn't have been able to post my analysis. This keeps getting better and better. As usual, awesome ilustration you shared in your post. The best days are coming with summer ending and huge news coming!!
Excellent post and I would add another fact to reinforce your statements. It is that the company already had an RS approved in the past and decided not to go ahead with it.
Agree 100% my friend!! Fundamentals will prevail and sellers will regret. Thank for the great DD and posts you bring to VRUS board!!! You are an awesome asset for us. Muchas gracias!!!
FatFatCat, the $38M is an anual estimate and I think you are right, price should be more than 0.083 with this triple digit revenue growth for the past and following quarters.
Nice to see you Paulpaint!! The same goes to you my friend!!!
Also thanks Loudanepro for all the great due dilligence you bring to this VRUS board. I still remember your chart with the PRs vs. share price. It was awesome!!
The same goes to you shots60. Excellent team member also!! Thanks!!
Thanks a lot Mithras. I really appreciate your comments and enjoy your great posts. Happy to be with you on VRUS!!! Best company on OTC I have ever seen.
Thanks Caspar. Appreciate your comments!!! Cheers!!! VRUS stronger every day!!!
Totally agree rrr1. Summer is almost over and great days will come. All the excellent news from the past weeks are there ready to show up on our share price together with the new ones coming after this slow days finish, when the heavy hitters you mention and new eyes come to us.
Special thanks to YOU and the other great DD contributors on this board
Excellent comments from you CF as usual. Agree 100%.
No fluff ever coming from this SEC reporting company that always delivers more than expected. They always under promise and over deliver. Also as you can see, they never announce LOIs or any other news that other companies would announce and make a lot of noise about. They just announce closed deals and only the things they consider are the most important for their fast growing business. I think all the news from the past weeks are cooking silently inside VRUS and ready to make the price explode around summer end and go to where it belongs. As you said the big players realice what Anshu and VRUS are made of and don't worry a bit about the day to day price changes. They are sure that the uptrend will continue as usual. Fundamentals is the key.
Thanks decomad also for all your excellent posts!!
You're very welcome tradenride and thank you for your comments!! :). We are doing great as a team defending our investment with facts and DD. Thaks for all you do for us also.
Thanks stocksbelow1!! Appreciate your comments and your great posts.
Thanks Tony!!! I totally agree, it's coming soon and a lot of people will be chasing my friend. Thanks for all your great DD.
Thanks my friend!! We are golden here at VRUS!!!
You're very welcome PesoChaser and thanks for your comments. I see you are a new poster. I haven't been posting too long either. We are very lucky to find this gem. VRUS strong.
I think the one making up numbers here is you. Or don't you think that it is a big casualty that you obtained exactly the share price at which we are trading now? Is even a casualty or you are a genius.
Maybe, just maybe, you started your calculation from the end (the current share price) to the beginning, so your conclusion could be the current share price and got the $500K profit per quarter from there, because it looks like it came from nowhere.
My calculation is based on facts and solid assumptions. Actually the $38M backlog in one year is a conservative number because it is all funded already and the total backlog including the unfilled one is much higher. The company communicated that they stopped reporting the total backlog so it didn't sound unreal or some kind of pumping. So any unaccepted shipment (which would be very unprobeable) would be immediately replaced by other. The company continually say they have to use every dollar to try to fill backlog. What a nice problem to have. Normally companies suffer having product and don't having customers. This is one of the beauties of this company.
The P/E as I mentioned to you is not normally used in startups because most are unprofitable, but when they start being profitable, that number can go to thousands. I based my initial analysis on Revenue and you where the one that brought the analysis based on profit, so I did it with solid assumptions and facts.
Also, these are called forward multipliers because they are based on the future year performance, so it is not based on previous 10Qs. Previous 10Qs and other fillings work for demonstrating the quality of this SEC reporting company that delivers on its promises. One in thousands in the OTC.
I'm keeping it real, I'm not talking about dollars share price, billions in market cap or things like that. You don't have to believe this, is up to you.
Finally, if they uplist in 2019 or 2020 it doesn't make any difference to me, they are going to do it when they are ready. I have full confidence on this company and its management.
After your post I also calculated the share price based on profit, even though for start up companies and businesses as VRUS, when most of them don´t have profits, but only losses, you can not calculate it that way because you would obtain a negative number. So the way to calculate it is based on Revenue.
But the good news for VRUS is that it is already operationally profitable and will continue to be, so I calculated it also based on profit and the results are even better.
25 multiplier is applicable to large well established companies where triple digit growth rates are never expected, I would say almost impossible, so I'll use that as the minimum multiplier because that would assume VRUS is not expecting any growth. I will use 100 as maximum, even though companies just starting to be profitable can have 1000 or higher multipliers, it all depends on the expected growth, reliable management and history.
Also the $500K profit per quarter that you mention is not accurate. If you take the $38M (worst case scenario with only filled backlog income) and apply a 20% margin, you obtain 7.6M profit. I used 20% margin which I think is also conservative, because the company already mentioned in the corporate presentation that net margin for Q4 2019 will be 12% based on a Quarterly Revenue of $4.6M, which annualized would be $18.4M. So with economies of scale and selecting from the higher margin products as the company is continually doing, margin will be in the 20% range with the revenue growing from annualized $18.4M to $38M.
With this calculation our share price is even better as I mentioned above, it should be between 0.083 and 0.33 by now. The calculation is as follows:
- With a multiplier of 25, our market cap should be at $190M ($7.6M Profit x 25). Then, dividing this amount by 2,290,449,898 Outstanding Shares, we obtain 0.083.
- With a multiplier of 100, our market cap should be at $760M ($7.6M Profit x 100). Then, dividing this by 2,290,449,898 outstanding shares we obtain 0.33.
How could I forgot calculating it also this way to see if the result would be better? Thank you for bringing that profit calculation, you are a genius and a great asset for this board.
You're very welcome Doki76. VRUS is strong and DD from longs very solid. This hard summer days are going to end soon.
Thanks Swanraninto for your comments, your great posts and the email from Mark that you shared in the past few days, they were excellent. Gave you member mark number 9.
Thanks Pro-Life, I also appreciate your excellent posts and great work for VRUS!!!
Thanks a lot Libertymoney for your comments!! I see you are new poster, but you have been contributing in a great way with VRUS, gave you your member mark number 2.
Thanks ST!! I also follow you some time ago and really enjoy your posts. High five!!
Thank you Estate1 for your comments and your excellent contributions here. Now after that analysis I understand why VRUS got two credits with two different institutions convertible at 0.1 (around 6 times our current share Price). It makes a lot of sense if the Company's intrinsic value is around 0.03 and 0.2. And the best part is that the first one matures by November 12, 2019 so I'm sure the company and the investor expect we will be well above that price on that day, because it is the last opportunity for conversion according to the terms in the 8K.
Great rrr1, thanks for that and for your great contribution with VRUS.
Thanks Johnny!! The same goes to you. Thanks for all your great work!!
Thanks Shinook, the same goes to you!!
Thanks Rolltide19!! :)
You're very welcome Decomad. I would add that the last line of credit announced with the Columbia Bank actually gives more than $9 revenue for each $1 of funds.
In the PR they mention that this $500K will generate from $7M to $10M in revenue, so that gives between $14 and $20 for every $1 in funds. It is because it is a revolving credit line, so they don't have to actually wait to receive the funds from the sale to use them again.
That is HUGE.
I normally don't like to give price predicions, but in this case I did an analysis to calculate what our share price should be by now, based on the following:
1. The forward multipliers from Mark's email shared by TruthFairy in the post I'm replying to.
2. Our filled backlog of $38M.
3. The final numbers from the S-1A declared effective by the SEC on August 7th.
I also compared the share structure and investment from Garnock and Berdon we ended up having vs. what we would have with the initial agreements with them.
It was amazing to me what I found, so I want to share it with all of you, longs, sideliners, doubters or anyone that could be interested:
1. The first conclusion is that with the final agreement our OS is 0.5 billion less (2.29B vs. 2.75B) and we received $500,000 more from Garnock / Berdon ($1,950,000 vs. $1,450,000) vs. the initial agreement. So as you can see with numbers, at the end it resulted being a much better deal than expected at the beginning. Sometimes memory fails in this tough summer times that the price has been under such pressure without anything deteriorating in the company, on the other hand it have been getting beter and better.
2. The second and best conclusion is that according to my calculations our share price should be between 0.033 and 0.2 by now. The calculation is as follows:
- With a forward multiplier of 2, our market cap should be at $76M ($38M backlog x 2). Then, dividing this amount by 2,290,449,898 Outstanding Shares, we obtain 0.033.
- With a multiplier of 12, our market cap should be at $456M ($38M backlog x 12). Then, dividing this by 2,290,449,898 outstanding shares we obtain 0.2.
Please don't let anybody get your shares. Important to remember this is only with what we know until now, is not a projection. It doesn't include new financing, M&As, new contracts, etc. Also, remember that a "Forward Multiplier" is not used with the past year revenue, it is used with the following year projection and I'm doing my calculation with $38M Revenue coming from the filled backlog, which I think is the worst case scenario.
Finally, maybe some haven’t realized that the triple digit Revenue increase announced by the company is from 100% to 999% and that it has an exponential effect because every time the base used to calculate the increase is higher.
This is all in my opinion, but based on facts.
Excellent post Mithras. Thanks for sharing.
Thanks Swanraninto for sharing. Excellent email and post !! Very encouraging. I have been here also for more than two years, have been averaging up and studying the company, including the details in the filings and financials of this absolutely legitimate SEC compliant company. Haven't sold a single share. I wish I could buy more, but unfortunately not possible now. Our time is coming and sellers will regret in my opinion. DD is so solid, like no other company on the OTC. Updates, triple digit increase quarterly results, quarterly conference call, M&A's and much more coming soon.