Verus International Inc (VRUS)

[asymmReturns]

I sent him an email early this morning and he replied very recently (all of which has come before):


Anshu was gone for two weeks on a rather extensive international business trip, so our timeline got pushed back a bit on pretty much everything. This is a very small company, so there is a lot more hands on and everything takes longer than anticipated. We intend to resume the kind of calls that we used to do as soon as the growth picks up again. I know everyone wants a play-by-play, with a lot of details, but the company is in a self-imposed quiet period while it chops away at the final hurdles. [personal info redacted] This is a very linear story at the moment (my dominoes metaphor is a perfect description), so everyone will have to maintain a bit more patience.

Suffice it to say that the the company is in ongoing talks with many parties in multiple parts of the business, so those kinds of activities take time. Investors should consider this story as a reverse star-up, not a reverse merger, as it includes only parts of a prior business. Due to the difficulties during the early quarters as a public company, the real start date is July 31st, 2018 -- the date of the spin-off that gave Verus true independence. Updates are coming, but dependent upon completion of corporate actions.