Verus International Inc (VRUS)

[Renegades17]

What more do you expect them to say?

Anshu laid out the plan in early January. My question is why resort to this type of capital if they have an expanded credit facility in the works?

Perhaps they needed the money on such expect expensive terms to finance equipment purchases for the Houston facility? If so, why not get cheaper equipment financing?

This deal raises a lot of questions.