Verus International Inc (VRUS)

[luden]

Verus is pleased to announce that it has issued the first purchase order under its new Disney-branded juice contract and expects to have product on retailers’ shelves by Christmas. In addition, financing talks continue to progress with working capital sources, but in the interim, Verus has arranged some favorable vendor terms that will enable it to increase shipments modestly without additional capital. The Company is exploring other similar arrangements to stimulate growth in advance of receiving traditional sources of working capital.