Verus International Inc (VRUS)

[ApollyonZ]

Vrus! Reporting Status

Audited Financials

https://www.otcmarkets.com/stock/VRUS/overview

In terms of Q3/2018, management is noting the following items of importance:

Q3 2018 results were significantly impacted..default provisions of the convertible notes payable

..Verus is currently in discussion with the remaining convertible note holders concerning the potential payoff of the notes..proposed recapitalization

..“We are attempting to forge a path that minimizes dilution, but maximizes growth,” said Verus CEO, Anshu Bhatnagar. “We have the funding right now through our trade financing to achieve annual revenue of close to $20M if everything falls into place, but clearly that is just a small measure of what we can do with more capital to deploy

.. there is no guarantee that Verus will be successful

https://www.otcmarkets.com/stock/VRUS/news/RealBiz-Media-GroupVerus-Foods-Reports-Q3-Fiscal-2018-Results?id=204748

Trading financing and recapitalization spinoff?

GLTA