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We should see the Nevada sos updated soon. The day that gets updated we will be trading over .01+ imo I have seen others with billions of shares go to .01 what means we could potentially hit .04 just with the Nevada SOS being current with new name.
I was watching that and Del. What State does Joe usually use I have seen them switch sometimes to try to fly under the radar...
Pretty good day over all. Showed some strength after that run. I was expecting a pull back as some people take profits. Thinking tomorrow into Friday we should be in good shape as people start to realize they are not getting in for much cheaper as a new base starts to form. Just my opinion...
That is incorrect. Vrus was not around in 2012. VRUS started trading at the end of last year 2018.
Dont think it matters. there are not many shares to go around. Someone new is garbing them and will hold them tighter for their 400%+ gains imo.
I'm risking a lot of money here because the return could be HUGE imo. Let it ride!!!
Let them take their Profits and move on. I think this has the potential to run much higher. After all its up like 700% total in the last 2 trading days. imo it could be up over 100% every day this week. I'm holding for .05-.1
GLTY
I was looking at a few and there is an iHub board dedicated to them, look in my post history. Most dont have a small float like this one.
So this started Friday and continued Tuesday. I dont think its on many radars yet... Twitter had it in a few lists but did not see any $BIPH posts yet stating anything about the court document. Looks like they are still loading too before blasting it.. IMO with the low float we could shoot up into the multi pennies fast this week.
$BIPH Joe Arcaro Custodianship!
What kind of time frame did they take to run from the court document dates?
Nice!! Should be a fun run...
They are not moving on. They can read that someone financed 1.4m and the note was extended by 9 months. The financing alone is almost higher than the market cap without any earnings. They are buying everything they can before the report and M&A news comes out. This will be over a penny very soon imo.
http://monakergroup.com/monaker-appoints-donald-monaco-as-chairman-of-the-board/
Does anyone really think these guys would give any money to VRUS if something very big wasn't about to happen. There are lots of very smart people involved here who you usually dont see playing around with pinkies.
The meat and frozen potatoes are coming very soon. Shouldn't be long now until you need to eat your words.
Lots of eyes on this one. We should hit the hot boards, Twitter will light up and the sellers will start chasing. I'm thinking this is just the start of a series of PRs. Dewm better cover his short position. Lol
Everything the CEO has stated we was working on is coming true. He got rid of Rbiz law suit, he took care of the note without diluting. No reason to think he cant deliver. Cant say that about many pinksheets. Wouldn't be so heavily invested here if I didnt believe in this team.
Dewmboom convince me how all the pinksheets you are in are in better shape than VRUS! Vrus is reporting. Vrus is a new company with potential growth. Based on earnings they are undervalued. Yes they did increase AS but only to satisfy financing requirements to have an option to make good on new loans. As far as RS they will only execute that when up listing is an option. Of course (just like any pink sheet) this could change at any moment based on market... any stock has risk. The more risk the better the reward. Since this is so new and undervalued imo this is way better than the companies you look to be investing in by your post history. But you are entitled to take your own risks and we will not spam your boards about how bad of an investment you are in. Glty
Over promise and under deliver. Seems like it is a common theme here. The stock price continues to step down. A few fluff PRs and releasing a 10k early would keep us trading at least sideways if not higher in the .003's
This almost seams like creating doubt is what they want. the more undervalued the stock the better for the remaining shareholders when the news hits and a buyback is executed. 6b AS and threat of RS creating much more doubt. Makes you wonder. Also mPhase? Why? only reason i can think of is to create doubt. If they dont tell us and they are not manipulating the price to currently buy shares i dont think it is illegal. Maybe unethical but if we hold on we might be in for one hell of a ride.
We are all going to have that "ah ha moment"!
I think you are part right. This is about over. Anshu Bhatnagar is moving on. They increased AS to 6b. They released the news about RS to let this sink. The lower it goes the better. Anshu Bhatnagar handed the company over to new management in the form of a reverse merger. They need shares. The lower this goes the better when they buyback a ton of shares. IMO we will sink and sink quick. However i believe this will rise just as fast once everything falls into place. There are less than 400 people still along for the ride. how many will hang on? Looks like we lost another this morning. I'm good with the risk for this year. Maybe I sell for a gain this year or sell some other gains and wash them with a loss here. Its not the end of the world for me. However IF this plays out just right its going to be big.
If this was a scam Anshu Bhatnagar would not have moved on to mPhase to execute a RS of mPhase and dilute here. I think something big is going to happen here that will push mPhase higher based on this outcome. I think mPhase is the scam and something big is happening here.
Here is my take.
In order to get "better" financing we need to prove we can make good on loan payments. Our "credit" sucks. If you max out all your credit cards your score goes down. Vrus maxed out its shares and could not get better financing. Just like a credit score you could be making enough to pay the loan but if you close all your cards and have one maxed out loan your score sucks. raise your available credit "AS" all of a sudden you can get better loans and terms to refinance your bad notes...
It does not mean you need to use it..
The cost to file this paperwork was over 10k so they covered all bases.
The RS would only be used to up list when the timing is right if needed.
If he did cleanup the shell I found some great private UAE companies that fit everything VRUS says it is. Their revenue is 6 billion +, no debt. If one of these go public the paper work he submitted might have been an effort to scare people away until the transfer and buyback is complete. Its all speculation but so is the RS or 7.5 B surprise. This is a sub penny pinky. I'm willing to take my chances here because the risk/reward seams worth it in my opinion. So many other pinkies are obvious scams. Many others down here dont even have an office that can be verified. We have institutional investors, 2 offices.. I was also able to verify a few customers who happen to know who the CEO. I also liked the CEO to a few large UAE companies. However there is the 7 degrees of separation rule, i could probably link you to the same people.
IMO Mr. Bhatnagar cleaned up the RBIZ shell for someone else. In time we will find out who with the reverse merger. I also believe they put a stop to his dealings with mPhases until the transfer of the shell was complete. Mr. Bhatnagar knows how successful VRUS will be once the M&A is complete. If he gets his own public shell, executes a RS his VRUS success will spill over to mPhase. Like i said why go through all the trouble of becoming a CEO of RBIZ to bring them "Food business" to split it to its own company.. Someone wanted the Shell to take something public. I'm expecting big news here about reverse merger and new CEO taking over control from a large company that does what VRUS says they do currently. Would not surprise me if they execute a share buyback and take the small 400 and some shareholders on the ride of our life.
IMO Mr. Bhatnagar is moving on and it will all be explained.
Ahh I see Dewm and Boom /doom Boom/
Dewm /doom/
noun
death, destruction, or some other terrible fate.
Boom /boom/
a period of great prosperity or rapid economic growth.
Right now VRUS is in your "Dewm" stage
Shouldn't be long now for the BOOM
The note that was due today was just over 500K + 18% interest (i think) but they also said they are negotiating better terms.
He is cleaning up shells for his friends in the UAE to take companies public imo. I fully expect to see VRUS management change with M&A. They need shares too. increase AS and execute a buyback as the price drops due to over reaction by retail.
Never need to execute a RS or increase share count imo. they can lock up a tone of shares and head straight up by staying quiet until they get the price to close at the price they want to execute a buyback at.
If he is moving on to XDSL the M&A or reverse merger here is almost final imo.
I feel sorry for all the people that dumped at open. they will regret it when the 10-k drops and the news about new financing hits. The VC that will fund the M&A and backlog required the increase to know they can get their money back if VRUS cannot make good on terms. However IMO the terms will be 1 year- mulit year pay back. This panic is way to early. i'm still buying.
I have a feeling it just might. everyone knows about the note. it was already priced into the current PPS. Think of the Stock as Credit. Have you ever played around with your credit score. if you have no opened credit your score goes down. without any shares the company has no way to raise capital and one bad month could default on any loans. Same with Credit, you have no open credit your score is low and you cannot get a good loan. open a high interest card and dont use it all of a sudden your credit score goes up and you can get better loans. no need to dilute you just need to show lenders you have the option. once earnings come out, financing closes, they complete M&A and we are golden.
True. we are undervalued. The market priced in the note that is due next week in my opinion. Anything can happen. But RS does not make scene at this point in time. A update that the note was paid off or some non diluting agreement with the note holder could send this to .006 in seconds. Add good 10-k and we are gold. It's just as possible as everything else.
The great part is no one knows. Lots of people will bet the "Scam" side since we are a penny/pinksheet stock and not many come through. But in my opinion the VRUS team seems like they can get the job done.
I would hardly call 166m shares major. that would pay the note + interest.
Once that note is off VRUS books there is nothing stopping them from getting financing to complete M&A. As IR stated its all linear.
Note= 10-k = vc financing = backlog and M&A = no RS maybe buyback = up list , 100m+ revue.
Maybe... But what happens when a company dilutes? MM manipulation. First the volume will pickup as MMs swap shares than the price usually walks up so they can get the most they can for each share. I believe the note was for $500000 +18%. whats that = 166m shares That is a lot of volume and will give us a change to get out. The note is due next week so we should see some MM games and huge bids to prop up the price. The date on the note was 1/14 i think. IMO we will all have a chance to dump shares on the bid if we need to as the bid climbs to prop up price. However we might see some news sprinkled in too. 1.6 or 1.7 billion shares might not be bad if they have no bad notes left and get new contracts and deliver on old ones. they might get financing to complete M&A and be the $100m+ company by year end.
If i see volume spike well above average next week It could be 2 things. Pre loading to sell on news and 10-k. If i see diluting MMs on ask and huge bid support higher than normal. I might sell a small portion of shares to lock in gains. If played correctly the sell on news 10-k profit takers might give an opportunity to buy back in. but it will need to be timed just perfect. I might hold straight through the next 2 weeks because once we are free of that note all future financing is VURS to complete M&A and deliver on backlog imo.
That was RBIZ. this is a new company that cleanly split. They only have been in existence for a few short months. No law suits here.
That is what a Quit Period is. You cannot report on positive or negative news within a specific time frame of 10-k or other major changes that could move the stock price.
As IR stated everything "is linear" and "tied to 10-k". I believe the financing VC needs to see a solid quarter of only VRUS numbers. Once the numbers are out the VC will fund the M&A and back orders that have not been filled yet. IMO we will be getting flood very good news once the 10-k is released.
Looks like you got your 3m in the first 45 minutes of trading? Nice start to a green week.
Yes. Also very interesting how there is a VerusHash used for blockchain and it "the fastest cryptographic hash algorithm in the world on x64 CPUs, equalizing GPUs and offering a credible ASIC solution".
https://veruscoin.io/
Think of the blockchain tracking implementations that can be applied to every industry... UAE has a blockchain initiative by 2021
https://government.ae/en/about-the-uae/strategies-initiatives-and-awards/federal-governments-strategies-and-plans/emirates-blockchain-strategy-2021
https://www.google.com/search?q=uae+blockchain+food+industry&rlz=1C1GCEU_enUS820US820&oq=uae&aqs=chrome.1.69i57j69i59l2j0l3.1623j0j8&sourceid=chrome&ie=UTF-8
Here is the holding company.
https://www.alfaisaliah.com/Site/EN/index.html
Very interesting. Mohammed A. Al Sarhan Director (Chairman) of Al Safi Danone Company holds a Bachelor of Science (B.Sc.) degree in Computer Science (strange so does our CEO. must be a requirement to run a food company). Here is where it gets good he also has lots of companies including Al Safi Holding Co. Could he be the one giving Rbiz the contracts and $$$ to fund the transfer of the shell to take one of his companies public?
Could this be the smoking gun?
Going even deeper into his connections there is link to big oil...
This could get interesting imo.
Quit period. Something big is coming and they cannot hint or drive up the price. IMO there is a reverse merger in the works with a company already making money that wants to go public. When the deal is closed I would not be surprised if they execute a share buyback to get their investors and employees shares. It wouldn't take much to buy back 1 billion shares if we closed at .0016. In reality we dont have the float locked. With the volume under 10m a day I'm going to guess there are about 400 shareholders on record and each is holding about 1m shares average. only a few of us have the guts or money to tie up more than a few $1000 usd in a pink sheet.