Verus International Inc (VRUS)

[GermanCol]

Backstabbed, I would like to clarify that what JohnRStar is saying about the number of shares to be converted is not even near to be true, as it is not true what he is saying about the conversion price.

From the SC 13D you can see that 925,925,925 shares would have been the number of shares if they would have converted at the date of issuance. In that case, the calculation would have been done taking into account the minimum price for the 30 days before that date, that was 0.0015 and the calculation is the following:

Conversión Price = 0.0015 * 90% = 0.00135
Number of shares to be converted = US$1,250,000 / 0.00135 = 925,925,925

The shares issuable upon conversion of the Note are subject to anti-dilution protection. As of the date of issuance, and assuming the “Recapitalization”, as defined in Item 5 herein, takes place, the Note would have been convertible into 925,925,925 shares of Common Stock at issuance.

Link (See pg.6)

If they were to convert when the lowest price for the 30 previous days were in Today's levels of 0.005, the conversión Price would be 0.0045 and the number of shares, just 277,777,778. The calculation is:

Conversión Price = 0.005 * 90% = 0.0045
Number of shares to be converted = US$1,250,000 / 0.0045 = 277,777,778

If the lowest Price for the previous 30 days is 0.05, the calculation is:

Conversión Price = 0.05 * 90% = 0.045
Number of shares to be converted = US$1,250,000 / 0.045 = 27,777,778

Remember the $1,250,000 is constant and what is calculated is the number of shares to be converted, according to the share price in the market

I think the situation is much better and the dilution much smaller than we all can imagine.

VRUS