Verus International Inc (VRUS)

[DewmBoom]

You missed the point I am making. The 8-K loaner on 1/10 already converted their loan into shares before the company pay them back and lose the opportunity to convert at 0.015. They did not expect like all of us that the company will be late on its filing. They already converted the promissory note into shares, under the following statement in the 8-K:

(a) The Holder of this Note is entitled, at its option, at any time, to convert all or any amount of the principal face amount of this Note then outstanding into shares of the Company’s common stock (the “Common Stock”) at a price (“Fixed Conversion Price”) of $0.015 per share