Verus International Inc (VRUS)

[pivotpoint1]

Great News ~ Get Ready..It's Boom time!!! Cheers to all ~ QUOTE FORM THE ROCKSTAR Verus CEO Anshu Bhatnagar >>>>> “The terms of this note mirror our prior funding announced two months ago, but are with a new lending source,” said Verus CEO Anshu Bhatnagar. “Gaining these terms from an additional financial institution is another vote of confidence in our strategy. These types of fixed-rate loans are outstanding, because they give us an immediate source of funds that can go directly to working capital. At this stage in our growth cycle, we have significant unfilled backlog, so the impact on revenue is nearly immediate with each new source of funds.”





“During the first half of the year, our confirmed backlog grew even faster than our funding, but we are taking a stair-step approach to managing this rapid growth,” explained Bhatnagar. “These smaller funding sources are part of our strategy to grow our operations to the point where we can qualify for larger sums of commercial credit. In that regard, we are currently in talks with multiple, commercial sources of capital to support our growth initiatives through the balance of this year. We have excellent visibility into 2020 and beyond, so investors should expect a heightened level of activity as we implement the next phase of our ambitious growth strategy.”


https://finance.yahoo.com/news/verus-international-signs-605-000-211457338.html


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