Verus International Inc (VRUS)

[sello]

It is to do with the securities filing. The cause of the dispute is listed as 15:78m(a) Securities Exchange Act.

More than likely they have a disposition of assets protest. This could be as easy as correcting the S1.

All parties involved, and because Garnock has the power to transfer warrant shares more than those listed on 13d, get notification of the S1 5 days prior to filing. This is a way to force negotiation before filing. The fact that Verus has not declared council is indication that it is being resolved pre further court action.

Mark has stated that they are wrapping up so I wouldn't give it to much weight at this point.

https://www.law.cornell.edu/uscode/text/15/78m

https://www.pacermonitor.com/public/case/27709969/Auctus_Fund,_LLC_v_Verus_International,_Inc