Verus International Inc (VRUS)

[GermanCol]

Shinook99, Sorry for the late reply, I was waiting to have new numbers and now with the new Corporate Presentation released on Friday I can do that new projection.

I am doing this new 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 some time ago. that you can see in the following link:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149792837

2. Our projected Revenue for 2020 reporting year taken from the new Corporate Presentation released last Friday (which we already started on November 1, 2019) of between $59M and $98M.

3. Our current Outstanding Shares.


The conclusion is that according to this new numbers, using the same methodology, our share price should reach between 0.051 and 0.51 in the near future. My previous calculation was between 0.033 and 0.2 as you can see in this link, so it continues getting better and better:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150622711


The calculation is as follows:

- With the worst case scenario, a forward multiplier of 2 and Revenue of $59M, our market cap should be at $118M ($59M Revenue x 2). Then, dividing this amount by 2,292,869,253 Outstanding Shares, we obtain 0.051.

- With the best case scenario, a forward multiplier of 12 and Revenue of $98M, our market cap should be at $1.176B ($98M Revenue x 12). Then, dividing this by 2,292,869,253 outstanding shares, we obtain 0.51.

Important to remember this is only with what we know until now. It doesn't include new 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.

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.