Verus International Inc (VRUS)

[Renegades17]

Let's hope

I think the best case scenario is that they outline a capital plan to enable them to grow revenue to levels that we're all expecting given the initial $78mm contract (and now they have a ~$30mm contract in Vietnam).

The volume in absolute terms wasn't that big, particularly in relation to the shares outstanding. That said, if you looked at L2 (see otcmarkets) there wasn't much buying support (though sellers weren't pounding it at all costs for the most part).

I bought some more opportunistically. Even though I'm displeased at the company's investor relations practices, the current valuation is absurdly low. Just need to see modest improvement in execution and a sound capital raising plan and the stock will re-rate a lot higher.