Verus International Inc (VRUS)

[DewmBoom]

If the warrants are exercised and issued, VRUS will collect a total of 1.45 million dollars, without any change to OS reported on May 1, 2020.

• 480,000,000 @ 0.0025 (from 1st warrant), ARJ
  
• 80,000,000 @ 0.0025(from 2nd warrant), Berdon
  
• 20,000,000 @ 0.0025 (from gifted 1st warrant), NYMM

The above excludes the warrant of 729,557,150 shares of Common Stock issuable upon the exercise of warrants with a weighted average exercise price of $0.006 per share. If this exercised, VRUS will get additional 4.37 million dollars in cash, but the OS will go up by that amount to approximately 3.2 bil shares.


Essentially, if all warrants are exercised, VRUS will get a total of 5.8 million dollars in cash. Nest got 5 mil, but I am not sure if he includes all above details or if I overlooked something.