Verus International Inc (VRUS)

[Nestegg McMuffin]

Another way to look at the new note is shareholders only suffer dilution if the stock does well and holds before Verus pays it back.
In which case it ends being a similar deal for shareholders as when Garnock added 41,666,666 shares for $500,000 in May.

As long as the funds are being deployed to ensure fast return of revenue, like getting gummies onto shelves for Opening Day, I'm okay with it, but one would expect a domestic commercial credit line to fall into place hereafter.

My back of the envelope calculation for the Hayssen Ultima packaging machine in the BLF video
are very encouraging. Even the slower machines can crank out up to 100 packs a minute...
so 6000 per hour... 40,000 a day allowing for breaks, repairs, etc.

200,000 gummi bags a week @ $2 retail = $800K in sales a month.

With margins of 40% for in-house product, no wonder Verus is kitting out its own facility to produce for 30 teams.