![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, December 22, 2018 1:18:21 PM
Anshu made this comment in the last earnings release:
“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. While our newest contract has flexible financing and can expand to meet our customer’s needs, our legacy contracts are performing at a maintenance level pending different forms of additional financing. So, our focus is on strategies that will unlock these sources of revenue as quickly as possible.”
Now, if bunnyslopes doesn't believe in the guidance, then that's fine. That said, the author of the post with price targets took a perfectly valid approach to figuring out price targets. Markets are supposed to discount FORWARD estimates in determining valuations subject to a high degree of uncertainty. It's obvious that the degree of uncertainty applied to Verus is extraordinarily large, but that offers a margin of safety too. Once some of the uncertainties are resolved, the gap between price and value should narrow.
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