Verus International Inc (VRUS)

[sello]

So why do you think Garnock wants to keep his beneficial ownership to under 10%?

That is the limit for which someone has to file for a sell.

So what was originally a deal that was priced at 90% of the last closing price is now, after amendment, effectively a 100% discount from today's price. .0025! instant 1000% gain. What a nice guy to help VRUS out!

Freaking A! I'd come up with another 500k for 1000% profit too. $1,225,000 now worth almost 20 million! It would have been less impactful for the shareholders to get another toxic loan.

They gave up a billion+ shares just to pay off the debt. Now they are offering the COO a bonus to come up with 3 more million to fund operations. How many shares will that take? Only 4.5 billion left!

Watch out with these filings. Trying to justify the current market cap of $56,000,000 with a less than 3 million dollar quarter is going to be hard. 5x revenue may work for biotech but that will not hold up for a food wholesaler.

This might be good long term, depending on what happens, but right now it is overbought, overpriced, overhyped, and headed for a correction.