Verus International Inc (VRUS)

[asymmReturns]

Setting Expectations on Information Flow

Mark communicated with me this week. They have a "goal" to get out "some kind of update this month." From that I personally take that it won't be the final word in updates, but incremental information about the company.

It's important to bring a bit of balance here. There is precious little middle ground between folks who expect the moon tomorrow and folks who are all doom and gloom. I'm personally expecting an update to close the year, based on Mark's communication, and then some additional information next month. If they had really big news, one might make the argument that releasing that during the holiday season in the U.S. could be an execution mistake, much like their failure to do a press release on the symbol change completion. If there is bigger news to announce it would likely hit more radars once people are back in the office after the 1st of the year.

I do expect him to meet that simple goal of an update this month based on his communication.