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Tuesday, April 28, 2020 5:47:01 PM
I have been a CFO in large and small companies for more than 10 years and a VRUS shareholder for more than three and let me tell you that I have attended a lot of audits. Auditors are not dumb, maybe some don't know or act as they don't know, but Auditors cross check information with customers, suppliers, tax authorities, etc.
Also, for the ones that are getting scared, look at this PR from Aug, 2019:
VERUS INTERNATIONAL SIGNS $13.5 MILLION CREDIT INSURANCE POLICY; SELLS OUT FIRST RUN OF MLB ICE CREAM GlobeNewswire
Gaithersburg, MD, Aug. 26, 2019 (GLOBE NEWSWIRE) -- Verus International, Inc. (“Verus” or the “Company”) (OTCQB:VRUS) is pleased to announce that it has procured $13.5 million in credit insurance from Euler Hermes, the global leader in trade credit insurance, surety, and related risk services. This new agreement will cover both international and domestic business……………..
https://www.globenewswire.com/news-release/2019/08/26/1906792/0/en/VERUS-INTERNATIONAL-SIGNS-13-5-MILLION-CREDIT-INSURANCE-POLICY-SELLS-OUT-FIRST-RUN-OF-MLB-ICE-CREAM.html
And do some DD on who is Euler Hermes, in case somebody say they are helping to fabricate revenues.
Finally, take a look to the Accounts Payable that increased 28% Vs. the 22% increase on Accounts Receivable. Using the same logic of some here, the company increased Accounts Payable to show false expenses. Just funny.
Pro-Life excellent job keeping it real and giving a lesson to the ones that need it.
$VRUS strong!!
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