Verus International Inc (VRUS)

[Coachshot99]

The BLF products are on select Big 5 shelves out west.

We haven’t seen any evidence of Rally House. And it was supposed to have gone to Weis Markets as well as Topicz Distro who services gas stations and convenience stores. Those never happened either.

So new we have “new deals” with Meijer Grocery and maybe TJ Maxx is back on board? Sounds good... but we’ve heard it all before. I’ll believe it when I see it.

Walmart.com is useless. Product is almost twice as expensive there as on the BLF site. Can’t imagine people buying from there. I order regularly from the BLF site and delivery is quick.

Pach Labs is not on shelves yet either. Maybe some of the older original packaging, but not the new Verus stuff. Someone would have tweeted it posted pics by now if it was.

So the point is... we are halfway through Q4 and the products have not even gone to market yet. So we can’t expect revs from BLF or Pach Labs.

The nut butter is on shelves. And it’s on quite a variety of stores and restaurants nation wide. They project $400k in revs on the year so maybe we get $100k for Q4 there.

As for the gowns... I will be surprised if that ever shows up on a Q. Ask Ian and Anders about that debacle.

So the point was that Q1 would be the first possibility to show a profit and that’s if some of these store placements come to fruition. Time will tell.

GCC took a big step back in Q2 with the pandemic. I’d suspect that Q3 won’t look too much different. Maybe $5.5 to $6 million... and there won’t be much else to add to that so possibly a $6 million Q total for Q3. Anything above that would be gravy.