Verus International Inc (VRUS)

[Estate1]

I think they played the audit problem perfectly. If they had announced they weren’t going to make it on time it would have caused a mass exit. Leaving it until they knew for sure the audit couldn’t be done in time was a way to maximize damage control. I think we need to be understanding and we all know management aren’t crooks. I really think they made the best of a bad situation.