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Re: PennyHead post# 46492

Tuesday, 10/16/2018 5:45:19 PM

Tuesday, October 16, 2018 5:45:19 PM

Post# of 186029
This is a little unique. It was announced on 8/22 however there was a name change and ticker change. The name change delayed the ticker change. The old company had to be completely devolved before the ticker could change. Many companies will only change ticker or change the name before changing ticker. Both at the same time right after a spin off of nestbuilder that had a lawsuit against it required more paper work. I would think there was a few additional audits by FINRA to make sure everything was clean and on the up and up.

If you are using this to predict the amount of time FINRA takes on other companies it should be shorter for only a ticker change. If the other company is changing both name and ticker it could be longer. Vrus management/Board knows what they are doing. They are not your normal pink sheet BOD. If you really look at the time frame they have been working on this for close to a year. They really needed this RBIZ shell clean so VRUS could rise from the ashes.