Verus International Inc (VRUS)

[Renegades17]

I don't think expectations are high

I'm not sure what would constitute a disappointment. They've given very little near term guidance and the market cap is only $1.5mm. I'd say expectations have been sucked out of this stock, which is a good thing. Anshu had done a terrible job managing expectations for the first couple of quarters of his tenure. He keeps blaming outside factors, but he needed to own up to his mistakes (like letting the Monaker lawsuit drag on much too long).

That said, the stock is setup up much better now assuming he's being truthful on conversions and incremental dilution. He needs to figure out a way to prime the pump with non-dilutive or minimally dilutive financing so he can get the cash flowing to fulfill orders (assuming his contracts are still valid).

I think $0.03-$0.05 is realistic if we get a decent report and achievable guidance. From there, he'll just have to deliver on existing contracts for the stock to work to $0.10-$0.20 assuming he can do this in a shareholder friendly manner.

There's a lot of assumptions and not a lot of certainty at this point, but that's partly why the market cap is so low.