Verus International Inc (VRUS)

[lil+flipp]

I was going to Buy but the price declines are looking scary..Why this company CEO Anshu Bhatnagar C/O Scepter Commodities LLC cut a deal with a Scam company like Mphase??

On December 28, 2017 the Company entered into a Letter of Intent with Scepter Commodities LLC, a privately-held company, for Scepter to merge into mPhase
wherein shareholders of Scepter would own 80% of the outstanding common stock of the Company with mPhase shareholders owning 20% of the common stock of
the combined company.
The Company’s ability to continue to dilute shareholders.72 Billion A/S
On November 28, 2017 the Company’s Board approved a resolution to increase the authorized common shares of the Company to 72 billion and settle certain debts
approximating $1,600,000 into shares of the Company’s common stock at $.0001