Replies to post #122007 on Verus International Inc (VRUS)

[Renegades17]

It could be higher than $6mm

They guided to ~$4.6mm in Q4 revenues before signing the credit facility and announcing the french fry deal. The french fry operation might add a few hundred thousand of revenue above the initial estimate, so the wild card is the impact of the credit facility. They've talked about being able to turn the capital between 14-20x per annum, so that conceivably could add up to $2.5mm in revenue in the October quarter.

There was also some additional funding that they signed to help ramp BLF, which I'm not sure if they factored into the estimates provided in the presentation in July.

I really hope Mark comes through with an updated presentation and revised estimates soon.

[Coachshot99]

They projected triple digit growth over Q4 from 2018. So at minimum we should see around $4.4 million in revs. Anything above that is gravy. As for moving the PPS, I think it would take a stunning 250-300% revenue growth to have any real impact. The company will continue to follow through and the growth trajectory will be as expected. I think the closing of an M/A deal that is HUGE is what will eventually get us moving. That's what McGowan was brought in here for. And in time, I believe he will deliver.

In the short term, Anshu and company will continue to do what they have been doing for over a year. Grow, grow, grow. Responsibly and sustainably. But the impact on the PPS will be small ups and downs in this same channel (.0175 - .03) until they drop the hammer.