Verus International Inc (VRUS)

[GermanCol]

The S-1 I mentioned in my reply to you was filed on June 7, 2019 and the 8-K, on May 31, 2019. So both were filed after after the original 13D from your link, that was filed on February 19 2019. The conditions were renegotiated and the company received more money and got a much better deal.

Also as is mentioned in your quote, the 925,925,925 shares were estimated and they ended being 500,000,000.

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.