Verus International Inc (VRUS)

[DewmBoom]

$VRUS reminds me with the NIO story because I was following it closely. When NIO was losing 400 mil a quarter, earlier this year, many people and analysts were pronouncing its death. Its stock spiraled down to near $1. But, if you look at the company, it has a very viable business, working hard to establish itself as a leader in the EV segment. The minute they start getting finances, stock has skyrocketed and went up from $1 to $18 and most likely $30 by the end of the year, even though they are still operationally not profitable.

The story is not quite the same but similar for VRUS. Now they have all their ducks in a row. The minute they get a bank loan or a domestic line of credit, they fly high. I don't think people will disagree on the fact they have a unique niche business. They are also doing a good job on distilling the best and dumping the non viable early. That is an excellent leadership skill where you want to make a decision at the right time about what works and what doesn't work. Below is their business scope, which is fantastic in my opinion to make it big.
• International Foods
• BLF
• Eliot Nuts
• Pachyderm Lab CBD