June will be a STELLAR month @Verus_Foods. Borrowed the list from @bagholdersunite. June 1) S1 to be filed 2) 10Q on track to show 1st profit 3) New Investors Deck 4) Uplist to OTCQB 5) Poss. news on some of the 8 M&As being negotiated. @AnshuB9
👉👉👉 $VRUS 👈👈👈 June will be a STELLAR month @Verus_Foods. Borrowed the list from @bagholdersunite. June 1) S1 to be filed 2) 10Q on track to show 1st profit 3) New Investors Deck 4) Uplist to OTCQB 5) Poss. news on some of the 8 M&As being negotiated. @AnshuB9
$VRUS “Andrew Garnock adds $500k to his investment by buying 41m shares @ market. He similarly added to his investment in Cronos and two years later had made $68m.I think he's invested more in @Verus_Foods now than Cronos & is on track to be the controlling SH.” @bagholdersunite
$VRUS “Andrew Garnock adds $500k to his investment by buying 41m shares @ market. He similarly added to his investment in Cronos and two years later had made $68m.I think he's invested more in @Verus_Foods now than Cronos & is on track to be the controlling SH.” @bagholdersunite
Jan 2017 Anshu Bhatnagar takes over as CEO of Rbiz. Begins transforming moribund real estate company into global food distributor, building on his success at American Agro Group.
Hires MKR and Mark Forney as IR, who took eGain to Nasdaq.
December 2017 Ashu settles year-long legal fight with old Rbiz management so new incarnation can run free. (No mean feat.) Monaker chief Don Monaco personally backs Anshu. “I believe in Verus Foods’ business model and want to help the company begin its growth phase.”
July 2018 FINRA approves Rbiz spin-off into Nestbuilder. Vrus revenue for first half of 2018 is $2.24 million, a 102% increase over first half of 2017. Anshu’s global contacts in food biz paying off already.
Sept 2018 Company posts a 77% increase in sales for the first nine months of 2018
Winter 2018 IR Mark Forney manages expectations as company enters self-announced quiet period … Shares go as low as .0019. Smart longs buy all they can.
Feb 2019 Vrus gets $1.45 million in funding from Cronos whale Andrew Garnock, which retires toxic notes from four creditors Monaker and Don Monaco and Rick Berdon all stay invested (you bet they did).
$10 million honey deal announced for Europe and Middle East Verus to offer 20-30 different SKUs.
March 2019 $4 million rice deal annually for Dubai market. Anshu: “This is exactly the kind of contract that we believe we can replicate many times over.”
Vrus announces annual sales of $5.8 million for fiscal 2018, 101% increase over 2017. Quarterly sales set to grow in excess of 100% year over year and “accelerate significantly” throughout 2019.
Revenue hits all-time high of $2.4 million in Q1/19, 145% increase from prev. year’s Q1. Largest funded backlog in Company history — $24 million for delivery over the next 12 months. Six months earlier Anshu had said he expected Vrus to reach $20M in orders.
Share price hits new high of .018. 1000% increase from last year.
April 2019 Monaker on its conference call says its staying invested in Vrus: The company is "doing well" and they expect to “recover several millions of dollars”.
Easter 2019 Anshu tweets about “new beginnings” for Spring, and lo and behold --
April 26, 2019 Announces first M&A deal with Big League Foods to sell Major League Baseball-branded frozen dessert products and confections in 2500 stores. The license covers all 30 MLB teams, which means 30 different brands with a loyal fan base. It's turnkey op that will generate revenue very quickly.
May 2019 * Secures $600k in funding for baseball gelato production from GS Capital on impressively favorable terms. Big League President James Wheeler joins Maryland operation to run ice-cream subsidiary. Already busy with Anshu setting up production. (Moving fast, folks.) First footprint into the US market. Humungo.
* New designs for MLB ice cream unveiled — and plans for MLB candy.
* Distribution announced for those 2500 stores and they include 7-11s, BP, Chevron, Shell, etc. Production underway for summer release.
* Application to uplist to OTCQB after share price stays above .01 for a month.
* Andrew Garnock adds $500k to his investment by buying 41m shares at market. He similarly added to his investment in Cronos and two years later had made $68m.
June 2019 Award-winning CPA Chris Cutchens appointed fulltime CFO. “Anshu’s entrepreneurial spirt and the potential size of this opportunity were both very appealing. I am excited to be part of a true growth story at such an early stage.” (You and me both, pal.) Deal is modest salary but he gets shares vesting over three years. Price jumps 25% day after this news.
S-1 filed confirming Andrew Garnocks’ involvement as “lead investor”. He and his company ARJ Consulting now own 25%, with warrant to add 500mil more and put another $1.25m into the company. CEO Anshu Bhatnagar said: “We look on our business as a multi-year growth story, so this latest investment shows Andrew Garnock’s commitment to that vision.” Also confirms Monaker Group has not sold any shares, disproving repeated claims to ‘da’ contrary. In fact, they increased their share count from 10m to 152m! Berdon Ventures also increase their share count by 10%, so Institutional Investors and insiders now own approx. 40% of the stock. A huge statement of confidence in the company. Price jumps another 20% on this news.
June 10, 2019 Vrus share price hits 52-week high of .0259
Still to come — 1) Q2 due mid-June and on track to show first profit 2) New Investors Deck being finalized 3) Uplist to OTCQB, application underway 4) Poss. news on some of the 8 M&As being negotiated. 5) End of summer, first MLB ice cream tub rolling of production line… *
Best, Nest
* First Vrus shareholder to post a selfie with MLB tub wins a dollar bill motif ascot. I'm not joking.