Replies to post #848 on Verus International Inc (VRUS)

[Renegades17]

If they want to reduce the reverse split ratio

They need to pump the stock up to $0.10-$0.15 at least. That means they will likely provide more granular guidance or some positive business development PRs soon.

My guess is they want the stock in the range I mentioned to do a 1-30 reverse split. Then they'll hope the thin float will spark buying interest and they can do an equity raise in the high single digits to enable an uplisting to the NYSE.