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I have already read the financials from your attachments, and the ACTUAL audited report shows a concerning numbers as follows $USD: Total Assets 6,243; Liabilities 2,753,629; Accumulated Losses (9,476,829) plus Capital Stockholders 6,729,443 equals NET EQUITY (2,747,386); Total Liabilities & Equity 6,243; Revenues ZERO; Last year Losses (4,183,788); I just place the audited financials, you should read the opinion in the notes from the Accounting independent firm in the same report
In spite of being into OTC, due to the relevant AXXA operations in the old continent, also taking into consideration the individual Europe’s WHALES who exchange in our America’s market, surely the confidence that could be given the upcoming relevant releases amply mentioned here with including the audited financials, plus fillings QB tier status, and much more could be came up with a strong scenario of consistent organic growth price before performing any inorganic action in the months to come
You should wake up before Christmas holidays but the AG’s strategic M/A alliance could be completed to start distributing it by 2020
Simply going to MarketWatch.com, ticker SNND, Financials section
Keep in mind that Anshu and Chris among other key team members, they are performing on the Verus business growth not for their monthly salary; they are here for their main compensation, their agreed strong stocks package, they have an important shareholders and avoid going against their own interests; On the other hand, Andrew Garnock and Monaco who own huge stake are here with clear blueprint objective, to increase their wealth fortune, don’t forget our AG angel investor came from Cronos where taking the ticker from pennies to around $20 pps as well as taking it from OTC to NQ, and now this is his great project!; AG is a strategic visionary multi-millionaire who don’t waste his time, Verus is a multinational world class project with highly competitive management team to reach ambitious goals with solid PLANNED STOCK VALUE in the earlier months of the next fiscal year to come starting next November! the master partnering could be potentially linked the other technological disruptive businesses from our main stakeholder
OK, going to update with the current year business transformation and potential upcoming profitable actions; I have just started coming this board the last few days; Thanks for your comments
I didn’t find financials of 2019; For those who would like to usually take a look the OTC financial statements of your tickers, from Marketwatch.com ACTUAL INFORMATION year end 2018 at RedWalk Holdings SNDD, Total Assets 2.2 Million, Total Liabilities 2.1 Million, Capital Equity Retained Losses (4.3) Million Stocks 4.4 Million equals NET EQUITY 0.1 Million; practically all the Assets are Accounts Payable without Net Equity!!! Revenues 0.3 Million Net Loss (0.9) Million, These are real numbers from published data
Great AXXA catched up VRUS exactly the same close price!
Great to find a pinky company with these financial position metrics, as well as the gross profit margin yield under the current level of operations; but anyway, I would like to confirm by the company the numbers with an upcoming AUDIT’S REPORT and filling to jump to QB tier status, in doing so both backups can really be helped attracting solid individual investor whales
This website always shows the exactly real time price
https://www.cnbc.com/quotes/?symbol=VRUS&qsearchterm=
Give me a break! This is the OTC Wild West that is full of gangs of speculators and day traders!And only those few companies with REAL fundamentals increase step by step against these ugly environment
It needs ACTUAL revenues; it needs to reflect the main reason of a business, to start coming up with profitability! Making money from profits not from exchange manipulation!
Hey LoneJF, there are others here as me, we can be just able to invest a fistful of dollars in this great company; nevertheless your $100 +additional $100 +next one $100 and so on every time anyone can; step by step in the long run could be meant something important for the next outer years! Catching up valuable penny stock prices in their earlier stages of great companies making the difference!
Hey JV (Johnny) beyond all doubt you are going to be rich with the possible mentioned JV (Joint Venture)! for around ending year as you pointed out, happy Sunday hangs over!
But, potential JV alliance for the GCC countries
At this point, among the thousands & thousands of companies into the entire OTC Word, I don’t find other company with Revenues of more than 2 Million in a quarterly basis which having a stock price of less than $0.02; the only one company in that revenues situation, let that price level in less than a month ago and now its price is of around $0.03
Thanks OTCByr, it is worth taking the risk/opportunity under this price level
It is amazing the P&L 2019 YTD gross profit margin of around 85% and net profit margin of 81% this is unique!; Nevertheless it is a concern the huge amount of balance sheet full amount of LIABILITIES, what could be happened to transform it to a healthier financial debt position? Massive incremental of revenues in the months to come! Any convenient business alliance to restructure liabilities and equity, any individual fat whale stake
Just the GCC countries are nowadays imported more than 70% of their overall food supply; these foods into the GCC are expected to reach sort of $53 Billion by next year! And strategically Verus planned to enjoy eating a good piece of that cake! The master business plan would bring from abroad; North Africa and some Asian-Pacific countries are in the great project!
Keep in mind the CEO among other key management members such as the CFO, they are performing on Verus growth not for their payroll salary & regular benefits, the paramount importance is in a special clause in the agreement; Anshu is here for his MAIN COMPENSATION, the strong STOCKS PACKAGE agreed in his executive contract! Great incentive for doing his best! with focusing in the planned stock price value!
I clearly pointed out my comment was a supposed scenario; If you were taking for granted as facts your comments, then sending proofs, links or anything that can be able to confirm them, otherwise is just an opinion and other more of the plenty of suppositions here!
An optimistic assumption scenario could be upcoming a reverse takeover APO with company under solid fundamentals which is very interested in using the VizConnect Technology as own business asset; then taking off the price based on the new authorized ticker merger value with strong impact appreciation
Surely NEW big buyers would be coming when arriving to the QB tier shortly and/or the next sound partnership alliance
Trying to find other OTC company which its revenues level being of more than $2 million on a quarterly basis with pps exchanging below $0.04, it is almost impossible! Until now I don’t find it; and more incredible with these last Verus solid net profits, it’s something out of the question to identify it in this junior market! Thus at this point, it’s ASTONISHED this company follow trading under the current price considering these mentioned incomes!
Generating this segment a sound gross margin to contribute in improving the following recurring NET PROFITS; then making healthier money from earnings to enhance financial position
Dominoes has been strategically dropping step by step to growth organically until reaching the value level to jump the great leagues and avoid using RS as second alternative for this challenging objective in current calendar year
Weak hands expediting the speculators their game in this vulnerable junior market, and worst when using the stop loss for transferring the shares to those bands
Actually, it was scheduled after closing bells
The road to NICKELANDIA is approaching! And beyond!
I take for granted releasing relevant NEW BUSINESS DEALS during the upcoming conference call to discuss financials results and more matters and the dominoes follow running!
Certainly, such as company has budgeted for this Q10, P&L reflects Net Profits; Management follows achieving its commitments
Related legal matters, Andrea Cataneo from Sheppard Firm and assigned to Verus, she is a seasoned lawyer with accomplishing experience in Major Exchange negotiations
www.sheppardmullin.com/acataneo
While falling the golden leaves through next Autumn, the one hundred pennies journey will be completed!
This ‘Shining Star’ is the exception of the rule, talking about Institutional firms avoid investing in OTC mostly under Pink sheet (ARJ Consulting, Monaker Firm, Individual whales, and so on); more big boys surely coming on board after being on OTCQB tier, shortly!
Four consecutive days of record high 52 Ws, and eight consecutive of green closings
Just considering any great stock as pretty good friendly business co-partner!
By next earlier Autumn this Star has already traveled one hundred pennies to arrive the world of dollarland!
Just a World Class Company creates this kind of qualified team and whale investors with high professional competence standards and successful backgrounds, because this business going to challenging goals in the months to come and strategic outer years; being a shareholder at Verus is a great business opportunity when the project is trading into secondary market on earlier pennyland phases
The diamond on the rough has just started its valuable polishing! Enjoy spending a great leisure weekend!
Major exchange exposure attract institutional investing firms which avoid investing into OTC market; Verus is one of the rare exceptions of the rule