Replies to post #42357 on Verus International Inc (VRUS)

[General Grievous]

““We are attempting to forge a path that minimizes dilution, but maximizes growth,”

They are clearly saying to the investor. Yes we are going to dilute more but we will try to minimize that...

Sugar coat it all u want and put lipstick on it lol

[Ezpenny]

Holy Cow! In terms of Q3/2018, management is noting the following items of importance: Compared to the same periods in 2017, the Company posted a 77% increase in sales for the first nine months of fiscal 2018 and a 31% year-over-year increase for Q3 2018.
The company achieved a gross margin of 16.3%, within the higher range of expectations.
Q3 2018 results were significantly impacted by the inclusion of one-time line items associated with the reorganization and a large, conservative reserve for certain default provisions of the convertible notes payable. We expect that much of this reserve will be reversed in a future quarter.