Verus International Inc (VRUS)

[kingpindg]

Correct. This is just an amendment to the original S-1 filed on June 7, the purpose of which was to register Garnock's and Berdon's shares so they can sell them without restriction, if they wanted to. It was part of the agreements to get their money.

This amendment basically brings the Preliminary Prospectus up to date. They made changes necessary to show that the stock now trades on the OTCQB, noted that they now have 9 full time employees as opposed to 7 previously, and included financial data through April 30 versus through January 31. They also changed the wording in the "Overview" section on page 24 and included information on BLF.

Also, apparently Anshu, O'Gorman and Fore all celebrated birthday's since the original S-1 was filed.

The only change of any real interest is that Monaker's share count was reduced by 2.9M shares. I would have expected to see their shares reduced by the 5M shares that were given to Kerby for his bonus, but maybe since he has dispositive power over the shares in either case, the Monaker count still includes his shares, in which case I guess either he or Monaker sold the 2.9M.




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