Verus International Inc (VRUS)

[loltony]

Questions and answers from Mark in IR:


Q: Did the clock start for the annual financials on dec 30th PR where you mentions VRUS engaged with cbiz mhm? Or did it start on the Jan 15 8k announcement? There are worries that the upcoming filing will be late

A: A company starts collecting its financial information as soon as a quarter is ended. The time frame for the auditing part depends upon the auditor (staffing, etc.). I have not been issued a reporting date yet.

Q: Is the share price in alignment with internal management projections thus far?

A: The share price is trading at a steep discount to its peers on the NYSE and Nasdaq, something that we think can really unlock in 2020. VRUS is at 0.6X forward estimates while its peers are at 3.0X and higher. Run a screen for high growth stocks in the consumer non-cyclical space and you will see what I mean. Very few have triple digit growth rates. Celsius (CELH) is a good comp to compare Verus to at this time. They uplisted in 2017.