Replies to post #51078 on Verus International Inc (VRUS)

[Renegades17]

Don't entirely agree


I think investors are owed an update on financing plans since they've been in the works since February 2017. Moreover, it behooves a growth company to update shareholders to engender confidence and support a higher multiple. The fact that VRUS is trading at less than a $3mm cap with run-rate revenues of over $20mm (and obviously several multiples of that in terms of backlog) tells us that they aren't doing much right when it comes to investor relations.

My point was to ignore the persistent harping from the same set of posters clamoring for a PR. If they want more information, press Mark and let him communicate to management. Clogging up the board with useless pleas for PRs doesn't really help anyone. It's just self-serving to stir up anxiety.

[WhiteShep]

Totally agree, ignore these boards, look at their product, crap, can't sell , can't get large investors, cant get non traditional financing (they can no longer get traditional financing, and are seeking nontrad financing). IMHO This keeps sinking, who's gonna want a relationship with a tanking stock, that can't get financing traditionally, they may tank and whos gonna want a relationship with that, just to sell their offbrand mayo with a leaf in it. Plenty of stable companies provide similar products if not better than VRUS. IMHO this is going triple zero's by Christmas.