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Monday, September 03, 2018 9:08:01 AM
From Anshu's first earnings call as CEO..keep in mind, the $78mm buffalo meat deal is not with Altaj..they're just a commodity supplier...
"Investors should view this as a kind of hybrid start up, with the roots of a seasoned multi-year operation and the potential to move rapidly through its initial phases of growth. The best way to think of Verus is as a 2.0 startup version of my former business. I am bringing with me all of the relationships and sales networks gained after years of selling into the Middle East and Africa. As you can tell from the first contract for $78 million worth to beef, I have some very good relations in our target markets. We have both supplier relationships in major producing nations such as Brazil, Belgium, India and the U.S., and customer relations across a spectrum of wholesale, retail, HORECA and food service buyers in many different countries. This will enable us to hit our stride very quickly."
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