Verus International Inc (VRUS)

[GermanCol]

I normally don't like to give price predicions, but in this case I did an analysis to calculate what our share price should be by now, based on the following:

1. The forward multipliers from Mark's email shared by TruthFairy in the post I'm replying to.
2. Our filled backlog of $38M.
3. The final numbers from the S-1A declared effective by the SEC on August 7th.

I also compared the share structure and investment from Garnock and Berdon we ended up having vs. what we would have with the initial agreements with them.

It was amazing to me what I found, so I want to share it with all of you, longs, sideliners, doubters or anyone that could be interested:



1. The first conclusion is that with the final agreement our OS is 0.5 billion less (2.29B vs. 2.75B) and we received $500,000 more from Garnock / Berdon ($1,950,000 vs. $1,450,000) vs. the initial agreement. So as you can see with numbers, at the end it resulted being a much better deal than expected at the beginning. Sometimes memory fails in this tough summer times that the price has been under such pressure without anything deteriorating in the company, on the other hand it have been getting beter and better.

2. The second and best conclusion is that according to my calculations our share price should be between 0.033 and 0.2 by now. The calculation is as follows:

- With a forward multiplier of 2, our market cap should be at $76M ($38M backlog x 2). Then, dividing this amount by 2,290,449,898 Outstanding Shares, we obtain 0.033.

- With a multiplier of 12, our market cap should be at $456M ($38M backlog x 12). Then, dividing this by 2,290,449,898 outstanding shares we obtain 0.2.

Please don't let anybody get your shares. Important to remember this is only with what we know until now, is not a projection. It doesn't include new financing, M&As, new contracts, etc. Also, remember that a "Forward Multiplier" is not used with the past year revenue, it is used with the following year projection and I'm doing my calculation with $38M Revenue coming from the filled backlog, which I think is the worst case scenario.

Finally, maybe some haven’t realized that the triple digit Revenue increase announced by the company is from 100% to 999% and that it has an exponential effect because every time the base used to calculate the increase is higher.

This is all in my opinion, but based on facts.