Verus International Inc (VRUS)

[Mithras]

I still think acquisition, but to clarify - a majority stake acquisition. Considering all of the talk about “providing value to shareholders” lately, which is an excellent platform to negotiate from, especially when your executives are all shareholders and Garnock and Berndon hold huge, it makes perfect sense.

Commercial credit at Libor +, Credit Insurance with a world renowned firm, Fully owned subsidiary with Major League Baseball licensing deal (and new national logistics manager), GCC (Office in Dubai), MENA, Europe, Asia and U.S. supply chains with $100 ++ million backlog, fully audited financials and upcoming 10q very likely to show the company now operating in the black...assume capital coming from a company acquiring a majority stake unlocks the backlog and run some quick numbers (trigger warning - the following contains the term reverse split):

$100 ++ mm backlog. I’m using $125 mm
$13.5 mm in insured shipments 24x/yr.
$14 mm rice/honey
$??? BLF @full rollout ($40 mm conservatively)

Valuation @ 5x revenue ($500 mm) = $2.5 b

If Acquiring company receives 50% stake, o/s increases to 4.3(about?) b shares = $0.58 SP

10:1 reverse split = $5.80/share = NASDAQ

Is it before 2020? Who knows - everything is in place but the operating capital, but even that is coming in now. And, the company has hit every target thus far.