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Tuesday, December 03, 2019 12:48:42 PM
Verus is in the business of borrowing money to buy goods, shipping the goods to where they are wanted, getting paid and repeating that cycle, over and over. A little money is made each time, but not enough, apparently, to cover the expenses, thus the ongoing loans. The 'growing organically' implies buying smaller companies to enable more goods to be processed, like the ice cream business. But it costs money (or shares) to buy these companies, so it takes time for the 'payoff' to arrive.
Regardless of the rosy business plan, and projections, unless the fundamentals improve, the stock will go nowhere.
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