Verus International Inc (VRUS)

[shotsky]

The terms of these notes is almost immaterial. VRUS borrows money to buy goods, ships the goods to customers, gets paid, and pays back the loan, keeping any profit above expenses. That is their BUSINESS model, and is how they have been operating right along.
Notes have to have terms, but clearly VRUS doenst expect to default on the notes, or they wouldn't accept terms that could hurt the company.
Other OTC companies are share sellers just to keep the doors open. VRUS is making money, and doesn't use the loans for expenses.