Verus International Inc (VRUS)

[shotsky]

The notes are part of the business. They borrow to buy goods to ship to customers, get paid, and then pay off the loan. That is their BUSINESS MODEL. That's why the terms are nearly immaterial - they expect to pay the loans off before they can convert. time will tell how that is going, since the filings are late. But the TA would know if the OS has increased.