Replies to post #127427 on Verus International Inc (VRUS)

[Coachshot99]

I don’t see .08 as a lowball target. With our share structure and the way that selling tends to go after each earnings call, it is very tough to hold gains.

So for us to get to .08, for example... we have to get back through our previous highs... and hold it.

That’s over a 100% gain from where we closed today.

Then from there we gotta get above .05 and hold it.

And on and on...

And along the way, we have no idea who (like Monaker) will decide they need to sell big lots of shares.

There are so many variables.

What I’m amazed at is how people scoff at the notion of a number like .08. Lol.

I just think that type of growth is gonna take a long time and I see Anshu wanting to uplist at some point in 2020.

I hope I am wrong and that you are right. Trust me on that. But I’m very much a realist with this whole thing. I will be thrilled to see if we can get past the previous highs let alone .05, .06, .08 etc.

[Loudanepro]

It’s just a false narrative flippers use to try to ensure we stay within their preferred channel(s). Putting a cap on an OTC ticker - especially one that’s this impressive - is both naive and insidious. I think we’ve learned the games by now...

[shotsky]

It's all about market cap and profitability. That's share price X shares out. 2.3 B shares are out for about $40M at $0.018. The $40 M is what shareholders (the market) feels the company is worth.
VRUS is not profitable - it is a growing company, but it will have to start making money at some point in order to increase share price. Since it is not making profit, it has a burn rate. The burn rate is how much it costs to do business. As long as the burn rate remains higher than the revenue rate, there is no reason to expect the share price to go anywhere.
That's why you buy these shares and just sit on them until the company completes some of its plans and becomes profitable. Business is slow - shareholders are impatient. So, shares change hands many times while the company slowly grows.
Anyone that thinks the share price should be a nickel should think about how the market cap can get to $120 M with no change in business profitability. Pie in the sky.
A reverse split won't change the market cap, it will just change the OS. That, in itself, offers no benefit to anyone.
And uplisting? Fuggetaboutit. They don't accept unprofitable companies, regardless of the share price.