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business should have been booming the last 3 months, essentially food wholesalers were busier than ever, name another time in our history that families were stuck home and the majority of restaurants were closed. the stock price should have ran... vrus has claimed millions in business for years without any real proof, do you own research company is a dilution scam dont get sucked into it by the same few that continue to pump year after year, youre only lining their pockets at your own expense.
another year and nothing but more dilution. proven track record of over promise under deliver. same story served up on a different shiny platter since rbiz days.
hey any update on filings/snap/facebook/hosting deal?
any update on the fins?
kinda seems like crypto is alittle closer to uama than initially let on. if so cool let us know whats going on.
usual suspects gone, momo gone, dont catch the falling knife.... this stock is toast it had its run...
so when should we expect an update. that states only they updated court on 29th but no new date?
GOOOO VERUS!!!!
CEO RESPONDED TO MY IHUB POST ON TWITTER. YOURE WELCOME ALL, IF IT WASNT FOR ME YOU WOULDNT HAVE THE CLARITY OR THIS FEELING OF COMFORT.
ANSHU, PROVIDE A BETTER UPDATE OF FACTS VS FICTION. I KNOW YOURE READING THIS.
FINRA INVESTIGATION IS A SMOKE SCREEN.
company is quick to address the trading on april 18th but fails to update shareholders on any other activities. where is the s1 where is the consistent updates that we were promised....
the finra tweets is just another string along. no real substance. IF the company had big things coming they wouldnt even flinch at 1 day of wacky trading, who cares when so much "good" is coming.... its a major red flag that company is quick to respond to april 18th trading but not provide anything else.
Next update will be an extension for the 10-q. nothing but smoke and nonsense ahead. then we'll get a 10-q with a PR about all these great things that are coming still and hold your breath longer were almost there.....
Also remember the company is ready to dilute 695,000,000 shares as per the amended 10-q.... seems maybe they are just upset some people sold before they could at those .015+ levels.
REVERSE SPLIT COMING, NO S1 GARNOCK OUT!
This is going to get downright brutal and end in an R/S.
FROM THE AMENDED 10-Q
At January 31, 2019, the Company was committed to issue 152,029,899 shares of its common stock as a result of the settlement agreement by and among the Company, Monaker, American Stock Transfer & Trust Company, LLC and NestBuilder executed on or about December 22, 2017.
In addition, at January 31, 2019, there were warrants to purchase up to 21,205,000 shares of the Company’s common stock outstanding and approximately 695,000,000 shares of the Company’s common stock to be issued which may dilute future EPS.
695 million in dilution coming.
and it’s still being cheered, this is the craziest wildest stock board ever. no s1 garnock hit the road insiders started dumping explaisn the wild trading day friday...
SEC INVESTIGATION COMING VRUS DELINQUENT 206k IN TAXES
Verus failed to pay a debt to Auctus who is now suing them.
Verus claimed to be debt free in a PR and they are not, SEC WILL BE HERE SOON this is going to be a blood bath.
Andrew Garnock has pulled out that is why there is no S1.... its not that its late, its simply doesnt exist anymore. The increase in shares allows AG and Monaker to dump, that explains the volume yesterday.
Anshus tweet is a classic damage control tweet by a Pump and Dump CEO.
Dont believe me, fine take 20$ and buy the full details at the Delaware Division of Corporations....
https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx
SAME OLD STORY PUMP AND DUMP STINKY PINKY
Major problems here, Company not protecting shareholders
ANOTHER STINKY PINKIE
SMALL BUYS ATTEMPTED TO PAINT THE STOCK GREEN YESTERDAY
There is massive manipulation going on here, I watched all day as buy after buy under 150$ came in to keep the stock at around the -10% mark. clear paint up manipulation.
This manipulation is not by the shorts, the stock is toast because the company is a joke. The manipulation is coming from damage control attempts. Anything that could be done to prevent the stock from falling 25% 30% in the red.
Looks like anshu wasnt able to file his s1 ontime over at mphas either... but whats worse is we havent even received an extension. Company stated time and time again they will resume investor calls since 2018, still havent. Anshu is not busy, he is dodging your questions.
Mark stated RECENTLY that we will have more info that we can handle after the companies self induced "quiet period", what did we get..... nothing.
Fake company, fluff fake prs, bunch of never materializing bs, no proof of anything besides the meat contract. There will be dilution, mark confirmed it also.
VERUS FALLING BECAUSE THE COMPANY HAS FAILED SHAREHOLDERS....
Truth is verus is a clear as day pump stock stinky old otc play...
2018 "institutional investor" pumped and now 2019 "institutional investor" same hype story and same negative outcome for shareholders.
2018-2019 1 billion AS to 1.5 billion AS to 7.5 billion AS
THATS A MAJOR RED FLAG
History repeats itself, look back at the same promises and fluff in 2018 PRs. Anshu was promising investor Conference Calls in 2018 and they never happened. Makes the same promise with the recent 10-k PR and then 4 days later says hes too busy to do a CC in the 10-q PR... its a total string along, same song, same old anshu.
Monaker mention vrus is simply to protect their investment. why would they have anything negative to say while still holding shares....
the statements monaker made about the vrus business plan was back in 2018, this was also the same time when anshu was putting out PRs saying 10 different verus branded skus in over 2800 retail stores. HECK OF COURSE IT SOUNDS GOOD, but guess what it NEVER MATERIALIZED....
THATS THE VERUS STORY fluff pr after pr with no proof and a bunch of excuses. The "never materialized" excuse is the fancy way of a OTC STINK PINK saying we lied to investors and it was just fluff to pump the stock price and line our own pockets.
verus is down on average volume not low volume. there has been multiple trading days where vrus has been painted green on last second 50-150$ buys. that is what you would call manipulation, we even have proof of it, it’s been documented on the board.
address the response from yesterday verus has no real products you can confirm this with mark. the rice packaging lol that is a funny one, that is a “concept” of what they “plan to deliver to market”. IT IS NOT REAL.
versus is a bare bones company that needs to dilute to keep the lights on, they have no cash so they paid monaker in shares. OF COURSE don mon is going to say yay verus, he wants the share price to stay at this range so he can cash out. if 10% of nothing is still nothing, and that’s what he’d have if the truth came out. it’s called protecting his investment.
company in bad shape, strapped for cash. constantly late with filings. supposed quiet period over but we have little to no news from anshu or mark. major red flags here...
versus does not have any physical locations besides the MD office. read the filings.
anshu has stated as far back as the june 2018 PR that they will resume quarterly conference calls but were still waiting...
lots of pumping going on.
i continue to receive threats when vrus closes red because of what i have exposed..
No s1 filed, company in massive debt, monaker group getting paid in shares, increase of the AS, no corporate update, no physical products, no contract updates regarding the honey and rice.....
Remember Mark promising more updates than we can handle... where they at!?
Seems like Anshu and Mark do not have anything to update shareholders on because there is nothing actually happening....
excuses, excuses, excuses, when the company doesn't deliver on time.
Monaker getting paid in shares is not a good thing. Anshu needs funds to keep lights on he is going to dilute, this is known. Monaker will dump before Anshu to secure their funds.... This is going to be a mess!!!
AS INCREASED TO 1.6 BILLION AND CHANGE..... WHY IS THIS BEING CELEBRATED!?!..... Vrus extended the Monaker note a while back and now is paying Monaker Group Inc, in shares........ the Rbiz legacy continues.
THIS IS VRUS PAYING THE NOTE IN SHARES, Vrus has no money, they cannot pay their bills or their debt.... this is a major problem.
AS now 1,665,372,234 billion....
This is just the beginning, Vrus hasnt even started diluting to keep the lights on. Major red flags here, it is total insanity that this is being celebrated. This is the exact opposite of the filing many hoped for. Mark has duped you all once again.
WOW AG HAS BEEN DUMPING THE ENTIRE TIME!..... AG is a smart man, that form you posted states it clear as day "Date Exercisable 02/08/2019" his purchase price was .0014.. wow thats how you turn 1.45 million into over 14.5 million.... sad day here, funny how the hype turns to dont worry we'll get news soon....
Vrus time and time again does not deliver when all of the experts claim they should be..... lot of noise, sell the hype dont end up like c m g ohhhhhhh noo!!!
https://www.sec.gov/Archives/edgar/data/1430523/000121390019003081/xslF345X02/ownership.xml
Dilution confirmed via IR Mark,
now the real question is how much.
AG cannot sell more than 25% at a clip according the fillings but he is projected to receive somewhere between 300 million and 600 million shares based upon the filing and 30 day closing price.
As with all IR Companies, spinning AGs involvement into "expressed interests in holding" is for benefit of the stock price and company. AG can dump somewhere between 75 million and 150 million shares at a clip (25%)....
IF HE HOLDs like IR claims (IR has made previous claims that like most otc companies "never materialized")
Anshu will dump then... If Anshu dumps how much will he dump, the AS increase to 7.5 billion minus AGs shares leaves room for significant dilution.
BUT the reality is AG will dump before Anshu BECAUSE like most claims AG is a smart investor. Why would such a smart investor EVER be on the receiving end of dilution especially when he has clear cut profits.
Know what you own....
cbd is not legal in the markets VRUS currently operates. this is total nonsense FLUFF, FUD, bs.
CRON is not even comparable to VRUS, Pharmacan had real assets along with investments in REAL companies producing real products at the time AG invested.
Vrus has none of that, only an investor who you've been told has an "interest" in sticking around. Not sure why people are cheering for the s1 filing. basically cheering for dilution lol....
To think vrus is in a similar scenario one must re-investigate into where VRUS is at. VRUS is confirm to be at a very bare bones stage, needing funds to continue its basic day to day operations. This is far from where or what Pharmacan was when AG got involved...
Verus has already had institutional investors, what did they do, sold. New year, new "institutional investors" guess what happens next, sell for profit and move on....
THERE IS NO SHORT INTREST AT THIS TIME you can easily check this for yourself. all of this short talk is complete and utter nonsense. Vrus will dilute to keep the lights on this is a fact. the dilution will impact the stock price far beyond what anyone is claiming.
you’re still ignoring the fact that there will be 1.45 million dollars worth of dilution coming soon. they are going to dump the first chance they can. the stock is at near 52 week highs, the most bang for the buck....
this is the otc 1.45 million in dilution is a lot regardless of the momo
there is simply not enough big fish to “slap” the ask and keep the share price at current levels. expect this to be back down around .005 or less when the dust settles.
The Truth about the AG connection.
Lets review some of the recent "revelations" regarding Andrew Garnock's involvement with Verus.
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Lets start with the claim regarding AG buying shares on the open market recently.
This is 100% inaccurate information, AG IS NOT BUYING ON THE OPEN MARKET.
How do I know?
FACT the 46 million shares referenced (with no dates around them, convenient) were purchased was PRIOR to AGs 1.45 million investment into Verus.
Andrew Garnock will not buy a single share on open market and this is factual.
IF Andrew Garnock wanted to buy more shares he would simply pick up the phone and call Anshu and offer another 1.45 million or however much for shares at BELOW MARKET RATE.
Andrew Garnock if he is this magical insanely smart investor would never buy on open market at this time, its just total fluff nonsense and logically makes zero sense.
Logic and reason people
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Now lets move on to the April 8th/9th date regarding the increase in AS.
We know the company is operating at a significant loss regardless of how much they jumped in "revenue". I norder to continue operations they will need to Dilute the stock.
Now claiming Andrew Garnock will not sell his shares is speculation, he may or may not.
But one thing is certain that Anshu and Verus will have to sell shares to continue operations, this is confirmed by Mark. To buy Verus today at these levels with the AS to increase next week is foolish, wait till the dust settles.
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Now lets talk about the Mount Tam Biotec connection speculation.
Why on god green earth would AG buy and clean up a shell that has a share structure of 100,000,000 and merge it with VERUS. Verus has a share structure 75x larger, it is total insanity to think this is the case.
But wait you dont know this for sure ryan, i guess youre right. But using logic why would ANYONE EVER merge a failing company with MASSSIVE AMOUNTS OF DEBT with a company that has a great share structure and no debt... this is fluff, dont believe it.
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I saved the best for last lol, lets talk about the AG connection and the speculation that AG will use Anshu and VERUS to distribute his nano tech CBD products. This is the most insane thing ive heard besides the open market share buying.
Here's why,
According to the most recent 10-q, Verus claims to operate in the following 4 countries, Kingdom of Saudi Arabia, Oman, Bahrain, United Arab Emirates.
Now the claim is AG plans to use Verus to distribute CBD products to these markets.....
CBD is ILLEGAL IN ALL 4 OF Verus's current markets.
Unless Anshu plans to change laws in 4 countires with some of the STRICTEST Marijuana laws in the world this is nonsense.
Cbd is still a part of the cannabis family regardless of what we know or what to say. It is illegal in these countries
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I would expect a PR from Mark very soon regarding some type of new contracts or similar distrubtion deals, we've heard it all before and this will be a last ditch effort to pump the stock to distract from the dilution starting.
Verus ihub box is filled with misrepresentation and outdated info. Its time the truth comes out regarding what is really going on here.
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Lets visit VerusFood.com and review the Products they claim to sell.
Verus has zero actual physical products being packaged, all of the brands and products on the site and ones they "hope" to one day bring to market. Anyone can confirm this with Mark from MKR.
Remember the 10 SKUs the planned to bring to 2800 retails stores.... that never happened. If you dont remember here is the link to the offical PR. Notice the very similar wording to current PRs...
https://www.globenewswire.com/news-release/2018/06/21/1528138/0/en/Realbiz-Media-Group-Verus-Foods-Reports-Q2-Fiscal-2018-Results-Provides-Corporate-Update.html
Almost All of the products listed are the EXACT same ones as the 2015 American Agro Group product catalog. A quick visit to www.facebook.com/americanagrogroup will prove this is correct.
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Lets debunk the "why Invest in Verus" ihub post
The "100 million dollar backlog" is actually a 78 million dollar meat contract with no timeframe, could be over 2, 4, 7, 20 years....
Verus did not open any cold storage facilities easily dubunked in the 10-k
Started a "banking relationship"... A VERY FANCY WAY of saying VERUS opened a new bank account....
The Disney distribution never happened which anyone can confirm with Mark.
The inhouse design team believed to be Anshu.
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Lets talk about the "award winning" management,
The NACD fellowship, is a 1250$ a year subscription. This does not VET Anshu.
Chris Cutchens is not the CFO, he was during the SPINOFF but he is not at this point in time. BTW anyone can hire Chirs Cutchens if they would like he is FOR HIRE.
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Lets talk about the "Growth Driver" Product Developement
"As part of this new focus the company is committed to developing multiple SKUs utilizing the following proccess"
There is ZERO PROOF that Verus has developed and brought to market a SINGLE SKU, in over 4 quarters.
Signed Supply Contract with manufacturer, what manufacturer what products are they manufacturing for VERUS and where is VERUS storing these products, simple answer, THIS IT TOTALLY BOGUS.
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Lets talk about the FINS
According the the company who AUDITED THE FINANCIALS VERUS WILL NOT LAST THE REMAINDER OF 2019 WITHOUT SIGNIFICANT FUNDING.
There is a 199k judgement they owe to Mid Atlantic that was in the MOST RECENT 10q
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Lets talk about the CONTRACTS
Verus claims to have signed a Rice and Honey contract recently.
Show us the contract right.... they cant, why, because they dont exist.
Verus has show us contracts in the past for the Buffalo Meat and The Disney Distribution. We know the Disney deal never materialized (can confirm with Mark)
Here is a link the the $78 million dollar contract, Look at the payment time tables, it is COD, So where exactly is the money. we have shipped 24 million dollars worth of backlogged orders...... If this money is due upon delivery why do we not have any of it in actual Verus bank account.
Also this contract has no time table.... so it could be 78$ million dollars over 500 years which would fit some posters narrative on how much in actual dollars verus has..... but we all know that is not realistic.
https://www.sec.gov/Archives/edgar/data/1430523/000149315219003604/ex10-16.htm
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Lets look at the time line of events for the last year of VERUS,
1/29/18 anshu files for approval of AS increase from 1b to 1.5b....
6/18/18 "institutional investors" where are they now? Remember how big of a deal this was how verus the otc unicorn with institutional investors
6/20/18 10-q
6/21/18 Pr with very similar wording regarding financing, contracts, south america business propsal? (never happened) and oh wait 10 fake "sku's" being introduced to market at 2800 retailers (this never happened)
Now 2019
1/31/19 incease AS to 7.5b from 1.5 (promise no dilution which is total lies)
2/19/19 AG signs up grabs a chunk of shares
3/19/19 10-k drops still operating at a negative
3/19/19 PR drops with exact same type of wording regarding financing, contracts, products blah blah
https://www.globenewswire.com/news-release/2019/03/19/1757435/0/en/VERUS-INTERNATIONAL-INC-REPORTS-101-INCREASE-IN-ANNUAL-REVENUE.html
3/25/19 10-q drops still operating at a negative, no mention of new lawsuit totaling 199k
3/25/19 Pr drops once again exact same style wording mention upcoming contracts, products, search of financing.
Guess whats WILL BE next.....
Dilution (which you can confirm with mark is going to happen)
The 10k and 10q were dropped with each other on purpose to help pump the stock up. There will be dilution again this is the cycle we saw last year. Look at that 6/21/18 Press Release, how much of that has actually happened..... none other than mention of buffalo meat contract. How can nobody see the writing on the wall. Stop drinking the koolaid and wake up.
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In regards to Marks comments about this information being "dated" the truth is it is not. This is the most current UP to date info regarding VERUS. Marks job as a PR rep is to spin NEGATIVE information regarding the company into a POSITIVE light. OF COURSE he is going to say YES ryan is right BUTTTTTTT if Anshu follows his plan he will be wrong.
Anshu has been stringing along investors for over a year while increasing the AS to a number that is insane. The same Press Releases regarding FUTURE contracts they can sign IF they get financing. If Anshu was this legendary business leader like some claim, why is it so hard to get financing.
the whole shipping thing to me is comical, there are no contracts, no proof that verus has shipped anything. its all nonsense. im in the shipping industry it doesnt work like that.
Yeah, lets see it because i have it as well. There is no benefit to me making up an email. Mark said dilution is going to occur and that it has been known to investors for some time now so it should be a surprise.
so what your saying is,
1. Verus does not produce any of their own products. Agreed, and this is a fact.
2. Verus is actually a shipping company for suppliers although they dont hold any licenses to import or export products, they are based in MD so where is their NIAC license fmcsa license for broker of goods.
So basically producers/suppliers are contacting Verus to ship their products, who is then going to a 3rd party logistics company (thats who runs the shipping industry) and sending it through them as a normal client.... This is totally absurd and not beneficial to the supplier in any way shape or form.
i dont care what you do with your money.... but take a look at the facts regarding this company. you may change your position based upon really digging into whats fact and fiction. dont read the fluff dd, cause its not truthful or accurate, it is very dated.
i have confirmation from mark stating dilution. whether you like it or not that is a fact. You can ask mark yourself, dont take my word for it send him an email.
we know dilution is on the horizon.... what do you expect?
no my words were,
"MKR represents multiple penny stocks..... $swa*t was just one of them that failed, do some research. they only list the wins which are only a few"
as in hey there are more than just the one i listed.... there are multiple failed stocks they represented. comf5 is another one.....
i have not once said the stock was garbage. I will continue to raise flags regarding whats FACT and what is total nonsense. Thats the problem im not telling you to buy or sell or bashing the stock im saying hey look at this, this is not true we are being lied to.
wait so your agreeing that verus has no physical products. that all of the brands listed on their website are fictitious????????
charts going to not look that good in the near future.
MKR represents multiple penny stocks..... $swa*t was jsut one of them that failed, do some research. they only list the wins which are only a few.
Being professional is part of their job i dont get how that adds any level of legitimacy to the stock, his job is literally to keep you happy and to promote the stock in a positive manner.
They are not debt free there is a new 200k judgement against them listed in the recent 10-q......
They are operating at a lose aka in debt aka they need money
Many markets are available that is true but means nothing.... what happened to the expansion to south america listed in the 6.21.18 PR...... expect the US expansion to run the same course aka never happen.
nonsense fluff dd that is outdated and not accurate.
lets look at the time line of events dating back to 2018...
1/29/18 anshu files for approval of AS increase from 1b to 1.5b....
6/18/18 "institutional investors" where are they now? Remember how big of a deal this was how verus the otc unicorn with institutional investors (where are they now?)
6/20/18 10-q
6/21/18 Pr with very similar wording regarding financing, contracts, south america business propsal? (never happened) and oh wait 10 fake "sku's" being introduced to market at 2800 retailers (this never happened)
https://www.globenewswire.com/news-release/2018/06/21/1528138/0/en/Realbiz-Media-Group-Verus-Foods-Reports-Q2-Fiscal-2018-Results-Provides-Corporate-Update.html
Now 2019
1/31/19 incease AS to 7.5b from 1.5 (promise no dilution which is total lies)
2/19/19 AG signs up grabs a chunk of shares
3/19/19 10-k drops still operating at a negative
3/19/19 PR drops with exact same type of wording regarding financing, contracts, products blah blah
https://www.globenewswire.com/news-release/2019/03/19/1757435/0/en/VERUS-INTERNATIONAL-INC-REPORTS-101-INCREASE-IN-ANNUAL-REVENUE.html
3/25/19 10-q drops still operating at a negative, no mention of new lawsuit totaling 199k
3/25/19 Pr drops once again exact same style wording mention upcoming contracts, products, search of financing.
Guess whats next.....
Dilution
The 10k and 10q were dropped with each other on purpose to help pump the stock up. There will be dilution again this is the cycle we saw last year. Look at that 6/21/18 Press Release, how much of that has actually happened..... none other than mention of buffalo meat contract. How can nobody see the writing on the wall. Stop drinking the koolaid and wake up.
lol at least you know the truth is this company is bs. people need to be able to have access to all of the information and make the decision based off of it. not just fluff bs dd
regardless of who the players are, the facts need to be addressed. i wouldn’t connect durando to verus thought. dig into verus you’ll see the company is presenting themselves in a manner that is not the actual case. they do not have any physical products. they do not have 2800 stores who carry 10 different sku’s of theirs. there is major issues that continued to not be addressed. the IR company has confirmed dilution via email, which you can confirm as well. A lot of fluff being pumped, just because the business claims to operate overseas does not mean you just take their word for it. Anyone can call anshu at 301-329-2700 and get answers that satisfy these questions.