InvestorsHub Logo
Followers 104
Posts 522
Boards Moderated 0
Alias Born 06/13/2018

Re: None

Monday, 10/05/2020 6:28:47 PM

Monday, October 05, 2020 6:28:47 PM

Post# of 186029
I strongly believe VRUS is coming to an end of dilution and share price is going to correct in an explosive way (minimum 10 X).

Following is a Table with my estimation of the situation of all notes and convertible notes as of September 30th. I have put it together by looking at VRUS historical filings and crossing information from them. Amounts in $ US:





Also, below is a chart with the summary of that information for convertible notes.



* Increases in convertible debt amounts are shown in red, reductions in green and amounts as of the end of each quarter, in blue.

Very important to note the dramatic decrease in convertible notes $ Dollar amount in the last less than 2 quarters, having them almost done. All this, after it was increasing or stable for the last 5 quarters before that. For the first time, starting on Q3 2020, convertible notes amount is decreasing and by the incredible amount of $1.536 million from the maximum of $2.007 million as of April 30th 2020, to $0.471 million as of Sept. 30th 2020. That is a 77% decrease and much more rapid than the way it increased (less than 2 quarters decreasing vs. 5 quarters increasing).

Anyone that doubts about this, can also take a look at the much lower volume for the last days and how price has been sustaining. Additionally to that, remember that White Lion is also done for now, as announced by the company.

We are tremendously undervalued. Easily a 10X bagger being conservative. 12 months trailing revenue of $20+ million with a 4 times multiplier gives a share price of around 0.02 with just the business we have. And businesses are valued according to forward revenues (not trailing revenues) which will be much higher.

Expected news coming shortly about new customers, TJ Maxx / Marshal's / Meijer / Bog 5 orders, NHL startup, other leagues agreements, CBD, peanut butter new product, middle east business, commercial lines of credit attached to Libor or any surprise as the ones they like to give us when we least expect, will just make the situation much better.

To close, I want to repeat that some people forget what happened to businesses around the world with Covid. And that VRUS is not only surviving, but doing incredible improvements.