Verus International Inc (VRUS)

[Renegades17]

Anshu and Mark, let's see some progress on this..

From the PR dated 9/24/2018

" but clearly that is just a small measure of what we can do with more capital to deploy"

"So, our focus is on strategies that will unlock these sources of revenue as quickly as possible.”

Point being, the $20mm revenue guidance should be viewed as a base case run-rate target, hopefully by Q2 FY 2019 at the latest. That said, there is considerable upside with proper financing. Why is it taking so long? IMO, it is likely M&A related. Nevertheless, the company could do a much better job keeping investors informed. It's been three months since we got a meaningful PR update.