Verus International Inc (VRUS)

[Renegades17]

I understand your frustration

And I share your viewpoint to a large degree, particularly as someone that has supported this company since Feb 2017.

That said, the price decline has been driven by very low volume. The float is north of 1.4 bn and the stock is trading less than 20mm shares a day...on some days much less than that. I wouldn't read too much into the price decline. I think the float is getting locked down, but the stock needs a catalyst.

The market is waiting on Anshu to deliver on a financing package. He's been slow on that front with lots of promises, but no results. I think Mark has exacerbated the problem, to some extent, by setting expectations that haven't been met. I don't think that's entirely his fault as I'm sure he's just relaying Anshu's comments. Ultimately, Anshu needs to step up. We're all waiting.