Verus International Inc (VRUS)

[Renegades17]

No, that contract was postponed

Didn't have sufficient financing and he needed to focus on the UAE beef deal. Again, if he starts generating some cash flow and gets a working capital revolver (or similar financing), these types of deals can start happening again. Positive operating income is very close as evidenced by the near break even levels in Q3 (excluding the financing charges).

He signed that thinking financing would come through sooner, but the Monaker group litigation, in conjunction with overall corporate structure, made it close to impossible (according to him at least).