Verus International Inc (VRUS)

[NoMoDo]

Hope that post is clear. It shows that the new loan is a hybrid of conventional and toxic debt. It is substantially better than anything they currently have. It gives the company a reasonable shot of making it another year or even continuing on longer. The toxic debt they have on the books likely would have put the company out of business within a year to a year and a half - even with a major RS.

With this new interesting loan, the company will likely stay in business. Yay. Bad news is that you all gotta go. Sorry. The dumping of shares are necessary - nobody even doubts it. Your shares will eventually be worth less than the brokerage fees. When the price drops to roughly .0006, the company will need to do an RS in order to use the cash to pay off the rest of the debt.

At .0006, $100k in cash will cost the company 175 mil shares. Selling that many shares in a week will be brutal.