"The recently filed S-1 was just an amended copy of the previous S-1 filed in June. Some investors mistakenly thought that was a new equity offering, but it was just the registration of the shares from the previous recap activity. So,that was just paperwork and none of those shares have been sold in the open market. There is no insider selling and there are no new shares, so the recent selling is simply profit taking.
"We have great visibility into 2021, so Verus is set for triple digit growth for many quarters to come. You are right -- the chart is undergoing an ugly pullback, but this story has a long way to go. Q4/19 is just 8 days old and it will be a breakout quarter, with financing, MLB business, and a revolving line of credit for the first time in company history. Verus already guided to triple-digit growth, so get ready to enter a hyper-growth mode. The future is very bright, even if the chart is suffering from a bout of selling.