Replies to post #725 on Verus International Inc (VRUS)

[Lil BD]

From the 8k here's some of the massive dilution items:

- On December 31, 2016, the holders of convertible notes payable with an outstanding principal balance of $1,105,000 converted their notes into 69,368,539 shares of our common stock

- On January 6, 2016, we issued 100,000 shares of Series C Preferred Stock to Mr. Bhatnagar for $100,000. The terms and conditions of our Series C Preferred Stock are disclosed in our Current Report on Form 8-K which was filed on May 8, 2016

- On January 2, 2016, we granted shares of restricted stock to Mr. Aliksanyan and Mr. Grbelja pursuant to their separate Restricted Stock Grant Agreements, both dated January 2, 2017, and the terms of their separate Employment Agreements. Mr. Aliksanyan was granted 13,699,350 shares of restricted common stock and Mr. Grbelja was granted 6,109,597 shares of restricted common stock.

- On January 1, 2018, Mr. Bhatnagar's Warrants ($0.006) vest the right to acquire shares that would bring Mr. Bhatnagar’s beneficial ownership of our common stock up to ninety (90) percent of the outstanding shares of our common stock, regardless of our income.