Truthfully? None of your Beeswax.
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Yep, I was eyeing and in and out of GRDO, kind of bailed before the RS..
I actually have no idea what is going on with FORW, but the other issue, obviously I am aware of it..
I don't stoop to those lows and attack other people's stocks, a sentiment clearly not shared by your CEO.
But, as I previously stated, I do think he had good intentions, but some of the worst mistakes in history were made with good intentions.
As you can also see, I don't post too often.
So, I'll catch ya' later!
Also feel free to give me three good reasons to invest in FORW, I really am interested in the pros..
Thanks!
That's nice to know..I wasn't seeking investment advice..
I was asking your personal opinion why anyone should invest here..
If you prefer not to state three good reasons to invest in FORW, then I'll leave it at that..
Just figured, you're very active here, and you would have some tangent reasons to invest, considering you're obviously a FORW supporter.
Thanks, anyway..
Have a good evening.
Hi Nobo, can you give me three good reasons to invest here?
Take your time. =D
I noticed FORW CEO Mr. Sharp really going after other companies. I think it's a good bet he did have good intentions, but I definitely think he should've done more DD on the company he spotlights the way he does..
He slandered a company that really didn't deserve that stigma..and it most likely had some subsequent repercussions in said company's price action..
If he does openly apologize, than I would give him more credit, for whatever it's worth..
I never like seeing people lose money anywhere in the market, so I do hope things progress for you here..
GL, everyone..
Hey Team VRUS, enjoying all the new attention..? =D
Sure doesn't sound like VRUS to me..
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I think many are now finally noticing VRUS, and what Anshu Bhatnagar has done since RBIZ to present day VRUS is simply astounding.
People want more shares for the cheapest they can get them for, so I can empathize with that thirst. lol.
Good luck. One thing that doesn't seem to change, company just keeps getting bigger and better with every deal Anshu inks.
Tick tock, next triple-digit growth quarterly dropping this week..
Be weary of those that must repeat their opinions many times to get their point across.. I prefer the "make the most impact in the least amount of time" approach..
So, bye!
$VRUS
Totally agree, BBD..
Maybe some are just really in need of the funds, and I could empathize. But if you're one of the "Old Guard" VRUS longs, why would you sell at VRUS's infancy?
It makes no sense to me.
They've held since RBIZ days, and seen first-hand how Anshu completely transformed this company ever since the inception of his leadership..
Here we stand on the cusp of the company becoming profitable, contracts with most, if not all professional sports leagues soon, MLB branded products in major retailers coast to coast and online, strategically acquired mask and safety gear company, and starts a whole new division in the ever-expanding Verus' international conglomerate..
I have been here nearly 3 years, and as a long term shareholder, I am beyond excited about my investment. The CEO and his amazing compatriots are EXACTLY what the OTC needs..
It irks me really bad to see uninformed contributors that quote some arbitrary line of filings and framed with no context to paint an ugly picture that simply does not exist..
Anshu Bhatnagar is putting every OTC CEO to shame and is showing the market how a real CEO takes care of business..
*squeal*
Get excited! =D
$VRUS
Hey, BW!
I tried to abstain from posting, but the news today just has me bouncing off the walls.
As you know, I prefer to look at the big picture and not the week to week trading. My modest attempt to be more like Andrew Garnock. I look at what the company is accomplishing and I am astounded! Inking too many deals to ignore, making the right pivots in the market without skipping a beat.
CEO Anshu Bhatnagar and rock star cast of management is CRUSHING IT!
Feeling pretty damn blessed to have gotten in so early. They hate because they must, it is the natural order of things.
LOL.
Verus Cares Division!
Say whaaaaat!? =D
Looks like Team-VRUS will be strutting this weekend..
Aside from the nice news today and the subsequent price move, don't get 'day trader tunnel vision'..
Trade a few if you must, I do not like telling people what to do with their money, but not building a core for the long haul is the epitome of shortsightedness here..
Verus International is now in the protective medical supply business, providing much needed supplies for the entire world during the pandemic..
And their global food distribution isn't too shabby either!
Food and pandemic safety gear, two sectors that are booming, how can we lose!? =D
Have a good weekend, Team VRUS!
$VRUS
Great DD, GS!
I foresee many other countries hopping on board to receive a steady supply of safety medical grade gear from VRUS!
Excellent point, Joe!
Here we are again, nauseated by the day trading and the under-appreciation of such a great company that actually cares about their shareholders..
One day soon, we will never see these PPS levels again.
Oh, and I almost forgot..
We're going to be millionaires!! *squeal* =D
$VRUS
Company continues to deliver on their hyper-growth promises..
No matter how long you've been invested in VRUS, only one thing seems to never change, they continue to deliver on triple-digit growth EVERY quarter..
Soon when their ever-expanding revenue reaches the point of not just profitability, but profitability the market will no longer be able to ignore..
VRUS longs that never lost faith, that remain patient as the company continues to build upon its massive global empire, will reap the rewards..
And this is just their latest acquisition going into effect, lets not forget their core middle east business, Big League Foods with MLB branded products, and NHL, NBA, NASCAR negotiations that can finalize at any time.
Great response from Mark, BBD..
I greatly appreciate you sharing your "plain English" response from Mark, he always has a really clear way to articulate factual events and subsequent circumstances, surrounding the company..
I've had my attention elsewhere and really had no time for communication with IR. Thanks for handling it!
I don't know if you knew, but I gave you a follow somewhere along the lines, and I don't give those out too often. =D
Keep up the great posts, the winning mind-set, and being one of the few who never seem to let their spirit get dampened..
*squeal* =D
--->>>>
Rough couple of days for Team VRUS..
Most don't realize how much money it takes to generate profit. It takes time, and there will be setbacks and stumbles, that's just business..
Especially one that has 5 consecutive quarters of triple-digit growth. Where else can you find that right now?
They put every working dollar into their hyper growth strategy, and IT'S WORKING.
VRUS is on the very cusp of profitability and at the very start of their ever-growing revenue sources, exponentially increasing..
Even their assets nearly quadrupled..
Like I say, trade this at your own victory or peril..just have a solid core..
Would be great if we get an out-of-left-field PR, VRUS management loves throwing those at us..
Perhaps an inked deal with ANOTHER professional sports franchise!
Or maybe a contract to mass produce masks and suits for an entire country, who knows!?
A contract for a massive order of safety masks could drop any time..
Anshu Bhatnagar has global business connections and contacts, that much we've learned.. =D
$VRUS
The Zoom Conference did not go as planned..
But, things rarely go as planned.
Did the entire planet plan on the global pandemic and the havoc it's causing for the economic climate?
Clearly not, but even in all this economic downturn where businesses are closing their doors left and right and some even going completely out of business, VRUS is still on point for triple-digit growth..
And even with an impressive 5 consecutive quarters of this growth, there is more yet to come..
We lost Nutribrands, but snagged ZC Top, which may eclipse all revenue sources..
Now in final negotiations with NHL, NBA, NASCAR, and more to come..
Per 10K, no insider has been selling their hundreds of millions of shares, not a single one..
VRUS products will be on Walmart.com soon per CC..
They are saving a lot of good news for Q1, hang tight Team VRUS..
"This was the transition quarter."
$VRUS
VRUS NEWS 4/13/2020
Gaithersburg, MD , April 13, 2020 (GLOBE NEWSWIRE) -- Verus International, Inc. (“Verus” or the “Company”) (OTCQB: VRUS)) today announced financial results for its fiscal 2019 fourth quarter and fiscal year ended October 31, 2019. In conjunction with this release, the Company is also providing additional details on its strategy for the upcoming fiscal 2020 financial year.
For Q4 2019, revenue set an all-time record of $4.7 million , an increase of 116% over the $2.2 million reported in Q4 2018.
For fiscal 2019, management is noting the following items of importance:
-Revenue set an all-time record of $13.6 million , an increase of 135% over the $5.8 million reported in fiscal 2018.
-Gross profit margin was 15.2%, approximately 230 basis-points higher than the 12.9% reported in fiscal 2018.
-Operating expenses of $6.2 million were $3.2 million higher than the $0.9 million reported in fiscal 2018 as a result of a $3.1 million increase in stock-based compensation and higher legal fees associated with M&A and financing activities. As a percentage of revenue (excluding non-cash, stock-based compensation) operating expenses improved to 20.6% of revenue compared to 23.4% in the prior fiscal year.
-Net loss from continuing operations was $2.4 million , which was impacted by a number of non-cash gains and expenses, and was $0.7 million less than the $3.1 million generated in the prior fiscal year.
“We ended Q4 fiscal 2019 with another solid triple-digit quarter, despite being in the middle of a product makeover in our MLB line,” explained Verus CEO Anshu Bhatnagar . “To manage triple digit growth during a retooling effort shows the strength of our current operations, but we expect to return to a higher growth rate in upcoming quarters. With the filing of the 10-K, we are now current with our reporting and can resume our efforts to gain commercial sources of working capital. As expected, we were not required to restate any prior quarters and we are already well into our next set of financials. We plan to file our fiscal 2020 Q1 results before April 30 , 2020.”
On a forward basis, the Company is providing the following update and guidance:
The merger with Nutribrands has amicably ended due to an inability to agree with the management of Nutribrands to advance the business and operate pursuant to the terms of the Contribution and Sale Agreement.
During April 2020 , the Company acquired a 51% interest in TC Top Apparel, a Philippine’s based textile manufacturer that makes biohazard protection suits and masks.
The Company is in active, late stage discussions with the National Basketball Association(NBA), the National Hockey League (NHL), NASCAR, and the National Football League(NFL), as well as multiple players associations, including the MLB and other leagues, for the right to feature players on packaging.
Verus is furthering discussions with more than a dozen major regional and national retail chains interested in carrying Big League Foods products during 2020.
“Now that we’ve reported our fiscal 2019 record revenue and related results, it’s time to bring the focus back to the present,” said CEO Bhatnagar. All companies are dealing with disruptions from the worldwide COVID-19 pandemic, but we have been lucky to be in the right food categories at the right time.
The equipment for our Texas manufacturing facility has been delayed, quite a few retailers remain closed (along with professional sports), and working from home seems to steal an extra hour out of every day. But despite these temporary challenges, we remain confident in generating triple digit revenue growth during upcoming quarters. Like many companies, we require more clarity before stating our forecast for the next four quarters, but our models continue showing excellent growth potential through the remainder of 2020 and into 2021.”
$VRUS
Confirmation of 10K and Earnings Call on Monday..
Just in case you guys were wondering..
Loving all the rave reviews of the BLF candies! =D
And we have the latest acquisition to look forward to, when the revenue starts rolling in from 10 million masks a month, PLUS eventual expansion, there will be no denying it!
$VRUS
Yawn. How about that VRUS, huh?
To all the VRUS longs that never break a sweat, that never let the games swindle you out of your shares, that never let the noise fill you with doubt..
CONGRATULATIONS, you're actual investors!
Company continues to deliver explosive revenue sources through strategic acquisitions, all on the heels of 5 straight quarters of triple-digit growth..
Have a long and smile-filled weekend! =D
$VRUS
Why--produce a little--when you can produce a lot?
10 Million masks a month, at capacity. No reason for management not to find ways to expand manufacturing capacity. The world needs this!
Long term shareholders that have been building a position here the last two years will win big, present company included! =D
Every time I read this, I get the "yippees"!
That should be good enough for EVERYONE..
Thanks, Gem!
This company is by the book, they have filed an 8k for every material event that required an 8k, good, less than good, it doesn't matter, they file it..
But it will be great as a confirmation to the market that we will be manufacturing the most in demand commodity on the planet!
And all this on the heels of 5 CONSECUTIVE quarters of triple-digit growth!
$VRUS
Financial Results and Corporate Update Conference Call..
Verus management will host a conference call for analysts and investors at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) on April 13, 2020 to discuss the Company's financial results and future business plan.
To listen to the live conference call, parties can use the following options:
Join Zoom Meeting
https://zoom.us/j/881381554
Meeting ID: 881 381 554
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Meeting ID: 881 381 554
Find your local number: https://zoom.us/u/a6O2Y7ZbS
An archived webcast of the conference call will be accessible on the "Investor Relations" section of the Company's website at www.verusfoods.com.
$VRUS
Thanks for reminding us of the AG connection..
VRUS has so many business initiatives going on, it's getting quite difficult to keep track of it all..
I have never lost faith in Anshu, he impresses once again, adapting to the economic environment; acquires a company that will produce 10s of millions of masks per month to battle the spread of Covid-19..
A move that will "eclipse current revenue" streams, while providing a much needed service for the world.
With Anshu Bhatnagar, Mark Forney, Chris Cutchens, and Andrew Garnock..
We are in the best of hands..
Who's this guy? =D
$VRUS