Verus International Inc (VRUS)

[asymmReturns]

Total confidence?

I have a dispassionate level of appropriate confidence where warranted. They were going to miss on-time delivery. I've been saying it for a month.

However, the sky is not falling. Now I see impassioned bears talking about decreasing Verus revenue — that's equally stupid and not the reality. Revenues are growing. The inconsistency on timely reporting does have a material impact on directional price momentum in the stock. No doubt about it.

Management gets a needs improvement for delivering timely reporting. They are clearly aware of it and I hope for the rest of the year they get their crap together and on time. I'm long. I've been long for a couple of years.

Some reasonable criticism is appropriate. This board needs balance.