Replies to post #101951 on Verus International Inc (VRUS)

[Mithras]

Could be - my thought is that the Certification Form does not have to be publicly posted, only filed using the OTC News and Disclosure service.

5.4 Responsibility for Content. The Company shall have complete responsibility, and the Company understands and agrees that OTC Markets Group will have no responsibility or liability whatsoever, for any and all Content, whether publicly posted or privately delivered, transmitted, uploaded, posted, emailed or otherwise posted through OTCIQ by or on behalf of the Company using Company Credentials or otherwise...

Based on the language above, the application, OTCQB certification form and/or all other required material filings could currently be in OTC posession, under review/process and pending final action. Hopefully this is the case. It's my belief that it is. Time will tell.

[rrr1]

KP, I think we are getting 2 processes confused here. This is where we are right now. Application for Initial Listing (plus $2500 processing fee) on OTCQB so the uplist is pending approval. Once Approved and given a green light by OTCM the OTCQB Certification can be filed. In hindsight Mark's statement that "All Fees have been Paid" may not be what we are thinking My Guess is they would give them an approval and they would then pay the $12,000 fee for the annual Certification and file said OTCQB certification which is what we are waiting for them to do.

What you are describing "Self Certification" is a process that would take place on subsequent years where they Self Re-Certify annually and repeat the $12,000 fee 30 days prior to the Re-Certification due Date.

In the End we are all hoping Re-Certification will be a mute point as Big Board Uplist is where we want to be 1 year out.