![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, December 03, 2019 10:09:02 AM
VRUS is not profitable - it is a growing company, but it will have to start making money at some point in order to increase share price. Since it is not making profit, it has a burn rate. The burn rate is how much it costs to do business. As long as the burn rate remains higher than the revenue rate, there is no reason to expect the share price to go anywhere.
That's why you buy these shares and just sit on them until the company completes some of its plans and becomes profitable. Business is slow - shareholders are impatient. So, shares change hands many times while the company slowly grows.
Anyone that thinks the share price should be a nickel should think about how the market cap can get to $120 M with no change in business profitability. Pie in the sky.
A reverse split won't change the market cap, it will just change the OS. That, in itself, offers no benefit to anyone.
And uplisting? Fuggetaboutit. They don't accept unprofitable companies, regardless of the share price.
FEATURED North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • Jul 18, 2024 9:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM
HealthLynked Expands Telemedicine Nationwide • HLYK • Jul 17, 2024 8:00 AM