Verus International Inc (VRUS)

[shotsky]

That makes no sense. Companies buy back shares to help investors. They don't buy back shares with borrowed money. 'Cash on hand' means they are either profitable, or they borrowed money. You would not borrow money to buy back shares, because there is interest to be paid on the loan, and you STILL have to pay it back. Not to mention the conversions if the loan isn't paid back on time - which would defeat the whole point of buying back shares.