Verus International Inc (VRUS)

[Blue Sun]

Congratulation your first post on this POS is Bearish.. How are you shorting this position and if you are shorting at this time, cover my friend. Verus is happy to report that its newly-reorganized subsidiary in Dubai has already begun to successfully penetrate the important retail channels in the region. For the first time, the Company is set to launch its own beverage brands, with three separate products covering the juice, coconut water and vitamin C drink categories. Packaging, formulation and branding are nearly complete and initial shipments are planned to begin in the next 60 days into 2,800 grocery store and similar retail outlets in Dubai. The company will start with nine SKUs between the three products and will eventually extend these brands into other Gulf Cooperation Council (GCC) countries after completing the initial roll-out.

“We are very excited to so quickly begin the process of developing and selling our own brands in the higher margin retail space,” explained Verus CEO Anshu Bhatnagar. “Gaining nine SKUs this quickly is a testament to the quality of the new team that we have assembled to penetrate retailers throughout the region