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Only reason to flip flop sentiments is they are here long term but constantly flipping the stock. They pretend to be long and seemingly positive at times when they own shares. They sell and then dog it so that they can get back in at a lower pps. Sometimes I don’t think people realizes how much sentiment changes when you are holding vs selling vs finding an entry point and it definitely comes out in the tone of people’s posts.
Everyone is frustrated with the pps here to some degree, but there is a difference between trading and investing and that’s the real rub between people here. Everyone has their own strategy. I personally don’t like the b@sh strategy. If effective it hurts many other people in order for a few to make more money. It’s stepping on people the push themselves higher and I have a real problem with that.
Verus is a growth play. It’s being held back and no one seems to understand why. It’s likely Monakers constant selling, but there could be something more sinister going on within the market or a group of traders, that’s deeper than my understanding of the way these guys cut corners. I will always play it straight up, that’s just me. I like being proud of the guy looking back at me in the mirror every morning. I don’t want any money that compromises who I am to get it. I think Verus is a winner long term and there is zero legitimate reason that I can come up with, why we are sitting at these low levels. Its group manipulation.
Back to the original statement, some who bash, just adopt this style as a copycat and others are part of the manipulation directly, but neither is much better than the other IMO.
$VRUS
I like this play, at least at first glance. $32M Revs is no joke and that was before Covid19 demand. Mgmt seems very real and transparent. I’m still doing my initial DD, but does anyone have an updated O/S ballpark calculation? I’m looking through filings to see how much could have converted, but if anyone has already done the math, I would appreciate it! Any other pertinent DD that isn’t in the CEO letter would be greatly appreciated as well.
There is no 8-K required for the acquisition of controlling interest in ZC Too. I posted the explanation a few days back.
Yes - Very well said. I could not agree more.
I gave you a member mark!
$VRUS
Why is it when we Gap up the MMs have to bring it back to cover, but when we Gap down, that’s not the case. They would likely still own shares purchased in the $.02s that they are now selling in the .15 range, no? In this scenario, they would lose money the same way that we would - kinda makes you wonder wtf is really going on? I personally think that whole Gap nonsense is made up to distort and cover manipulation and short positions. Either MMs fulfill orders or they buy and sell on their own behalf for profit. It can’t be both ways, we’ll it can, but then that proves my point here...so “if” they only take orders and it’s an automated system, as some claim, then there would be no reason to cover anything, ever. Am I wrong? Is this making too much sense for some? Yeah I hate it when people question why that fleece is there.
Also how is it that the chart shows todays opening trades at .0155, but the “official” open shows .0198?
I know what I think, but I’m curious to hear what others thoughts are?
That’s correct, (yes, I am agreeing with you), however, it works both ways...if you post in an “open” forum, it’s “open” to interpretation and “open” to responses.
You sound like the media. You claim free speech when you can be heard and when it benefits you. As soon as the opposition decides to show up questioning your motives, you claim sensorship and become the victim. Yes, you may post whatever sentiment you want.
...but I also can post and respond however I want. That is after all how an open forum works!
And there it is...call in more recruits and make it more obvious
You don’t know what your talking about. All you S&D peeps are the same. Short it, push it up briefly, dump it, drive it back down, call it P&D, when it’s really S&D (Short and Distort). You don’t know sh*t about the stock that your supposedly invested in. How is that? Answer one question right away, don’t look it up, (if you delay, I’ll know you looked it up) that every investor knows about their stock.
When does the fiscal year begin?
You don’t own anything here...you were just called in for the short and distort. As soon as it looks like it might start going back up, here you come!
Shocker, the post gets removed when someone shines a light on the corrupt
I’m sure that won’t happen. They’re part of this “short and distort” group that keeps coming in and attacking VRUS for some reason. It may be time to contact OTC Markets Group and make them launch an investigation into it. It’s happening on OTC Market Groups exchange, so they will be held liable by FINRA if market manipulation is happening under their nose and they allow it to continue. There are so many bad people in this world, it’s unreal
“Short and Distort” while claiming everyone else is part of the Pump and Dump, am I right, FO, yes I’m right. Short and Distort is a term that no one talks about, but it’s the most popular form of manipulation in the OTC. That’s why you and the other b@shers are here, no?
“Short and Distort” while claiming everyone else is part of the Pump and Dump, am I right, FO, yes I’m right. Short and Distort is a term that no one talks about, but it’s the most popular form of manipulation in the OTC. That’s why you and the other b@shers are here, no?
Yes, good call, remember they were all working from home. So probably Anshu’s kid or whoever was the host. It’s a crazy time right now. Things happen, kids push that little blue button on the computer sometimes, lol.
Wow your fun! We may have said the same thing, but we definitely said it in different ways and in very different posts. My point is/was LOI is a normal business process. He said it, he didn’t PR it or advertise it. It was a comment in the context of what he was talking about. They have indicated these on Twitter and maybe he was just giving us a bid of confidence. Maybe it was to show late stage discussions, maybe it was to show that both parties are committed to making the deal happen. Maybe provide some food for thought instead of posing negative questions on open forums. GLTY
$VRUS
Verus doesn’t PR LOIs. This is a BS OTC dilution tactic. Verus doesn’t do this because they don’t dilute. Verus has never mentioned any LOI with any of there acquisitions. They tell us when it’s done. Most of the time we don’t know sh they are performing DD on, for purposes of M&A. Did you here about a LOI with BLF, or French Fry Company, or Nutribrands, or ZC Top Mfg? No!...Real companies don’t PR LOIs, because they don’t always come to fruition. This is a knock on Verus from OTC flippers, but it’s why I love them. They don’t try to be something they aren’t. Fake company’s PR non-revenue related normal business activities. Verus operates a legit, revenue generating business. As the OTC traders/flippers fall off, more and more business Saavy investors will come in with stronger hands who will hold and study the business, instead of the intraday charts.
Verus is not the stock to flip. It’s a no fluff company, no BS, no pump. They are busy operating a business and running off of revenues. They expect the stock valuation to be based off revenues and assets, not rumors.
A company that puts out a LOI PR is concerned about one thing... raising the pps so they can dump into it as a source of revenue to fund the company.Verus doesn’t dilute, so they don’t babysit the pps. I’ll say it again, this isn’t a flippers paradise and that’s a great thing. In time this will become a very stable pps which is based on the true valuation.
Also most MLB licenses are 1-2 year terms and most aren’t exclusive. My guess is the MLB likes to renegotiate terms often. Verus will seek to renegotiate as needed. This a non-issue
That’s because it’s a hard region to penetrate. That’s a competitive advantage. Those people have to eat too. Whether you’ve heard of their food companies or not, they do exist. Its very hard for US companies to establish channels in the Middle East Region, which is likely why you don’t hear much about it. Verus would be and prob is already attractive to a lot of larger US based food companies for those channel connections alone. This is another reason to be invested here. If Verus ever gets purchased, this will likely be the reason. IMO
$VRUS
All companies lose money in the beginning. That’s because there are so many intial cost to secure lines of revenue. Growth companies are focused on growth. Growth costs money, acquisition costs, setup costs, equipment costs, inventory costs, resource costs, materials costs, more revenues means hiring more people, more accounting, etc...This is all very normal.
One major positive to note is that profit margins increased and that’s on the core food business. We are not invested in a fully mature company here. The ramp up is still in progress. Profits are not an expection in growth companies. If it happens, it’s a huge bonus, but it’s not a knock by any means. It is 100% all about Revenues and Future Revenues. It sounds like Q1 Revenues might exceed expectations. The Nutribrands thing is kind of a bummer, but Verus had controlling interest, and it sounds like they didn’t want to be controlled. Sometimes the way business goes: onto the next!! ZC Top will be very high margins and likely very high volume! We can do the math.
$VRUS
Zoom is great because there is a visual presentation aspect to it. It’s basically a live virtual presentation platform. I use it often. Works great from computer. If on a mobile device, you can call in for Audio only, or if you want to watch the presentation, you’ll want to download and install the Zoom App and have it ready to go. See you all soon!
$VRUS
Yeah, I would be good with that.
Yeah I like it Monday Pre-Mkt. No sense releasing it on Friday afternoon. The OTC has a short term attention span
**DD** An 8K is not required. Here’s why:
Form 8K for an Acquisition (that is deemed to be a Material Event) is simply a legal medium that satisfies the Fair Disclosure of Material information, known as Rule FD as outlined in the Selective Disclosure and Insider Trading rules outlined by the SEC (link is below). I have been reading up on these Selective Disclosure Rules and there are multiple ways outside of an 8k to satisfy the fair disclosure of material information. Alternative Methods of Disclosure are allowed and Verus has satisfied these through the initial PR disclosing the event, but they go further by including the upcoming Earnings Conf Call in the PR to provide more info. The carefully worded PR, including the Earnings Conf Call with plenty of notice of CC, as a follow up to initial PR will satisfy Rule FD
...In Fact, there is an almost word for word example laid out in the SEC Rule FD (Fair Disclosure) discussions about Alternative Reporting Measures...see below
Check it out...compare the verbiage in the PR to the example provided by the SEC.
Here is the verbiage in the PR from April 3rd:
“Verus will provide additional details on this new subsidiary during the upcoming Fiscal 2019 financial results conference call on Monday, April 13, 2020 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time).”
http://www.globenewswire.com/news-release/2020/04/03/2011636/0/en/VERUS-INTERNATIONAL-ACQUIRES-CONTROLLING-INTEREST-IN-N95-MASK-AND-BIOHAZARD-SUIT-MANUFACTURER.html
by PR’ing the event right away and giving notice of the earnings call, they’ve most likely satisfied Rule FD, therefore an 8K would not be necessary.
Check out the example that comes directly from the SEC (link is below). This is no coincidence:
“...We believe that issuers could use the following model, which employs a combination of methods of disclosure, for making a planned disclosure of material information, such as a scheduled earnings release:
* First, issue a press release, distributed through regular channels, containing the information;70
* Second, provide adequate notice, by a press release and/or website posting, of a scheduled conference call to discuss the announced results, giving investors both the time and date of the conference call, and instructions on how to access the call; and
* Third, hold the conference call in an open manner, permitting investors to listen in either by telephonic means or through Internet webcasting.71
By following these steps, an issuer can use the press release to provide the initial broad distribution of the information, and then discuss its release with analysts in the subsequent conference call, without fear that if it should disclose additional material details related to the original disclosure it will be engaging in a selective disclosure of material information.
“While it is not possible to create an exhaustive list, the following items are some types of information or events that should be reviewed carefully to determine whether they are material: (1) earnings information; (2) mergers, acquisitions, tender offers, joint ventures, or changes in assets; (3) new products or discoveries, or developments regarding customers or suppliers (e.g., the acquisition or loss of a contract); (4) changes in control or in management; (5) change in auditors or auditor notification that the issuer may no longer rely on an auditor's audit report; (6) events regarding the issuer's securities -- e.g., defaults on senior securities, calls of securities for redemption, repurchase plans, stock splits or changes in dividends, changes to the rights of security holders, public or private sales of additional securities; and (7) bankruptcies or receiverships.47
By including this list, we do not mean to imply that each of these items is per se material. The information and events on this list still require determinations as to their materiality (although some determinations will be reached more easily than others). For example, some new products or contracts may clearly be material to an issuer; yet that does not mean that all product developments or contracts will be material. This demonstrates, in our view, why no "bright-line" standard or list of items can adequately address the range of situations that may arise. Furthermore, we do not and cannot create an exclusive list of events and information that have a higher probability of being considered material.”
https://www.sec.gov/rules/final/33-7881.htm
I hope this helps. Congratulations and Good Luck to All
$VRUS!!!
Nice Find!
Yeah, I hate it when I double up. Those stocks are the worst... “eye roll”
I also hope you don’t get either one
Thanks for coming by to whine for us
No one ever got to the top of the mountain by sitting at the bottom complaining about how tall it is.
Valley’s are created by peaks on either side. Remember that!
$VRUS
I gave you your 1st Member Mark for that! Way to be proactive!! I like your style!
MM Code for “News Coming” or News Imminent” but also could be a copycat as this is well known by most traders. That said, we do know that News is “Imminent.” We know that the 8K from ZC Top Acquisition is coming this week and the 10K is coming this week or Monday at the latest as the Conf Call is scheduled for Monday. It’s gonna be a fun few days. So even if it’s being faked, it’s true!!
Go Verus!!!
That’s why they do it too...I for one hate this tactic
Lol, Me too!! I’ve had white knuckles for a very long time Lol. I’m sure we’ve all increased our grip strength on this one!! Im still wrapping my head around what exactly this new acquisition means for a price target. I just know, we are no where near that price!
$VRUS
MM games because there are not shares available. There was major accumulation this morning. Now there aren’t many shares available, so they are flipping the same 50k-100k shares available to hold this down until they can fill at their price targets. This takes work! There are literally no shares available. Look at the chart in the link and you can see it happening. The accumulation came early and fast and now they are keeping it moving sideways until people get annoyed. Make no mistake about it, this is intentional and one of the repercussions of trading in the OTC. It’s BS, but they know weak hands will fold and they’ll get the price they want.
https://www.barchart.com/stocks/quotes/VRUS/interactive-chart
#5 on Most Read Board- lots of eyes on this!!!
Go VRUS!!
I’ll be waiting on proof
Well you’re an old veteran of VRUS! I actually thought your name looked familiar. Didnt mean to undercut your tenure, ha! Glad you’re here and great buys none-the-less! Congrats on the Million Share milestone!!
$VRUS
There is no dilution, this is fraudulent! Name one filing where the company has reported selling shares directly into the open market. You can’t because they don’t and won’t. They paid off the recent convertible notes used for short term financing. This is absolutely fabricated
Welcome! This is a tremendous company with a boatload of news coming! This is the makings of a tremendous holding company! I think you’ll be happy owning those shares!
$VRUS
True, if you own no shares, you will earn no pennies, Ha!
Just placed an order for 30 masks and 120 filters. Mask is washable and filter is replaceable. We’re likely all going to have to buy them from somewhere. We may as well support our investment.
Here is the link:
https://topapparelmanufacturing.com/index.php/store/
Verus is becoming a “Holding Company.” Whereby, Verus is the parent company for many smaller individual businesses. This is a complicated model to understand, though brilliant and safe if it’s executed well. Which it appears to be thriving. Each business is run independent of the others, but each piece makes up a percentage of Verus revenues, which is why its hard for many of these OTC traders to see how Verus makes money.
The latest Acquisition firmly moves Verus into “Holding Company” designation (IMO) and gives us a much clearer view of how Anshu could build a company to this magnitude in such a short period of time. I see the business strategy for growth much clearer now and the “how” and “how so quickly” Anshu is building makes perfect sense!
The whole “Holding Company” thing is my designation, not the companies. It’s funny because I have not heard the company refer to itself as that. But if you look at the business and the definition of Holding companies, they own a large enough share to control companies, but rarely engage or function in the operations of said companies. That’s Verus and the latest acquisition to a Tee. I think Anshu has an influence on each company, but he is running the day to day of BLF, or any of the the International Verus Food Subsidiaries, or Nutribrands, or Success Labs, and likely not ZC Top either. However we get to invest in the company that owns them all and be invested early on as though all revenues were built from the ground up! In the stock markets eyes, they are!!
It’s impressive and very Warren Buffet/Berkshire Hathaway(esk), the way that Anshu has built Verus. I don’t know how he finds these companies, that are fairly strong entities and always have large backlogs/Revenue Opportunity, but are cash strapped or being held back, by not having access to funding. Anshu steps in, Verus buys 51% or more, maintains current management, injects the financial missing piece and BOOM! The company is off and rolling. That’s the recipe for how we are growing in a Nutshell...We are growing and very quickly, seemingly easily - though, management would likely disagree. This is what Anshu has always meant about “Dominoes” falling...well he was right!!!
Verus is becoming a monster!! Congrats to all longs for seeing this through and really to everyone currently holding shares. We will all, soon be handsomely rewarded!!
$VRUS
How good to those shares look right now? At any price, but especially the cheapies many added lately. I last added at $.0095 for crying out loud...WTF!!!!!! This is ridiculously unbelievable!!!