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Re: SurgeGuy2.0 post# 127481

Tuesday, 12/03/2019 12:48:42 PM

Tuesday, December 03, 2019 12:48:42 PM

Post# of 186029
It is the OTC - it doesn't work like big boards. None of the financial issues normally evaluated for big boards count here. Fins are a starting point, but it's more about the business plan and its viability than anything else. The more believable the business plan, the more people will be willing to pay for the stock.
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.