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Backstabbed

04/10/19 8:49 PM

#79656 RE: rrb123 #79655

IR said they are finishing up with the note holder. And should be out any minute.

This is just a frustrated little fund that was not able to get in on the action from ground floor. Filing lawsuit to cause panic and slow things down.

As usual.
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QuantumRelay

04/10/19 8:49 PM

#79657 RE: rrb123 #79655

LMAO! Its a matter regarding old RBIZ NOTE

Has no bearing on VRUS current operations, the note was for a measly 180k and wouldnt affect the S1. The desperate grasping at straws here!

$VRUS
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confuciussay

04/10/19 8:53 PM

#79658 RE: rrb123 #79655

So you don't think Garnock wasn't aware of a court action against the company. You must be a screaming lunatic to think they wouldn't disclose a lawsuit to any potential investor... Small company's in the otc get sued all the time. 130K will not get in the way of anything the company is doing.

Yes this bs drama will cause some to sell tomorrow maybe. That doesn't bother me as much as your behavior is right here right now. Once again people will lose money because of a scare tactic that has been put out by you. Feeling pretty good about yourself right now?

SMALL COMPANY'S GET SUED ALL THE TIME. USUALLY THEY SETTLE OUT OF COURT. THIS ACTION WILL HAVE NO EFFECT ON INVESTORS DECISIONS. ANYONE IN BUSINESS KNOWS THAT THIS STUFF HAPPENS ALL THE TIME
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sello

04/10/19 8:55 PM

#79659 RE: rrb123 #79655

It is to do with the securities filing. The cause of the dispute is listed as 15:78m(a) Securities Exchange Act.

More than likely they have a disposition of assets protest. This could be as easy as correcting the S1.

All parties involved, and because Garnock has the power to transfer warrant shares more than those listed on 13d, get notification of the S1 5 days prior to filing. This is a way to force negotiation before filing. The fact that Verus has not declared council is indication that it is being resolved pre further court action.

Mark has stated that they are wrapping up so I wouldn't give it to much weight at this point.

https://www.law.cornell.edu/uscode/text/15/78m

https://www.pacermonitor.com/public/case/27709969/Auctus_Fund,_LLC_v_Verus_International,_Inc