Verus International Inc (VRUS)

[Lil BD]

Under the terms of the new CEO's Agreement he gets 7.5 million warrants exerciseable at $0.006 for every $1 million in revenues he brings to the company - "The Warrants also vest a right to acquire 7,500,000 shares of our common stock, at an exercise price equal to the market price as of December 8, 2016 ($0.006 per share), for each $1,000,000 of revenues that the Company earns during the 2017 calendar year." - so with the $78 million contract he just announced he earns right to buy 585,000,000 shares at $0.006!!!!