Verus International Inc (VRUS)

[BillyBahama]

Revenues increased 277% for the year ended October 2017. Final sales numbers for 2018 end year vs prior end year should not disappoint once again. With the company looking to retire all convertible debt it means they are serious about the survival and growth of the company moving forward. Shareholders do not have to fear the drip due to the share structure being maxed out, so no more shares can be diluted into the market. Operating expenses are decreasing, which mean higher profit margins. Upcoming name and ticker symbol change will be an event shareholders can look forward to. Backlog of $109M will increase future revenues as the company secures no dilutive financing. The Disney licensing deal for their juice line, $78 million beef deal, now Dubai starting to pick up along with their very own beverage lines…and potentially Singapore? Things are heating up and uplisting to the QB is the next step, so without throwing price targets out there, getting back above a penny and holding is where we can see this one going. At that point, the company can weigh its options and have more flexibility taking it to a bigger board, which ultimately would require a reverse split, which is not necessarily a bad thing if it means qualifying for a bigger exchange.