Verus International Inc (VRUS)

[Nestegg McMuffin]

Company issued new shares to cover the converted note, so OS increases by 110 million.
Less than 5% increase, but still not great.
I understand why it happened -- late 10-K filing with almost half-paid note gifted the lender a chance to do very nicely and BLF delay on revenues -- but with Anshu's new salary, etc., the ball is in his court to deliver the next level of revenue growth. Gotta wrap up the Filipino 8K and announce next round of TAM orders.