RE: some suggestions that because there's a 1-for-400 RS approved already, that VRUS would be compelled to execute a reverse split before that approval expires (Jan. 1 2020), there's no reason this would be the case. VRUS management has enough voting power through insider-owned common shares and non-redeemable preferred shares to approve any reverse split anytime they feel like it. They require zero consent from non-insider common shareholders to do this, and it's the same with nearly every OTC stock. Believe me, the OTCs wouldn't be a cesspool of scammers and reverse split share scams if they needed approval of us to do it.
Now because VRUS management has been transparent thus far, provided realistic forward looking statements, and has been busy fulfilling all their stated goals on the investor presentation timeline at a rapid-fire pace, we can take their word that they want the stock price to grow organically, that they'd only uplist into strength, and that were a reverse split part of an uplist to a major exchange, investors would be happy with it because of how extraordinary the company/stock had been growing and performing. For now, talk of reverse splits has really one purpose, to scare down the price for those who are loading shares. You'll notice reverse split talk comes up every weekend on this board. The idea there is for new investors browsing through VRUS posts to see the term "reverse split" and get scared off, and to manipulate uneducated investors into fearing a reverse split and selling cheap.
Anyway, I thought I'd bring that up - it's a great board here with so many VRUS experts that I rarely bother chiming in, but the tangents about reverse splits are getting pretty annoying given there's no reverse split on the near-term horizon.
GLTA,
H
