Verus International Inc (VRUS)

[Renegades17]

I think that's a fair expectation

Could be low given they signed the Chartered Bank financing deal before the end of last quarter, so they may have been able to authorize more shipments before quarter end. I think it's a good sign that they generated cash last quarter given they prepaid the Power Up credit deal.

For the October quarter, I think they should be able to guide to at least $15mm in revenue. $7.5mm should come from Vietnam alone and they still have a lot of product to ship given the original $78mm UAE deal.

Let's hope they give full year 2018 revenue and operating income guidance. At the very least, I think they will do that before year end to boost the stock price.