Verus International Inc (VRUS)

[Renegades17]

Reverse split

There are many examples where it's helped stocks. I see the imperative to get it done as they need a higher share price to list on Nasdaq and get some institutional interest. I just hope that they let the stock percolate up some before issuing shares. It sounded like the CEO and CFO had a good plan in place to raise equity on a measure basis.

For a company with over 200mm shares outstanding, the stock doesn't trade that much at all. I'd be curious to see a list of shareholders.

Hopefully this will be like the initial DRYS run back in November or ETRM's in January after their reverse splits. I think the fundamentals here are much better than those two.