Verus International Inc (VRUS)

[asymmReturns]

Mark and I emailed back and forth end of last week. He told me that some things are in the works in parallel and that we should expect more information soon. From the context my guess would be the symbol change as one part of an announcement that covers a few things, but he noted they are tackling several issues at once and some of those “should reach a decision point very soon.”

This is not investment advice, but my perspective is to be patient with time horizons and to anticipate at least incremental year-over-year earnings improvements as we are near fiscal year end, driven from the trade financing. They could get to break-even on that alone which subsequently could make a revolving line relatively more accessible.

I previously also tried to encourage caution over people behaving like a ticker symbol change alone being anything meaningful in terms of price level, but that was summarily ignored. ¯\_(?)_/¯