Replies to post #132453 on Verus International Inc (VRUS)

[asymmReturns]

Did everyone read this post?

Thanks for sharing, R17

Our board has got to start buying. It's an old refrain that I've sadly stopped singing. It's time to start this tune again. Too much good is going on for board ownership to be abysmally low. All of the insiders should be buying Verus stock.

[Z-trade]

They’ve been saying they have multiple m&a’s in their final stages so I have been under the assumption that they are in a blackout period of insider buying:

Blackout periods generally occur when insiders have access to material information, such as financial performance. A company may impose a recurring blackout period on a quarterly basis in the days surrounding an earnings report. Trading also might be restricted in response to major events, such as mergers or acquisitions, when corporate insiders have access to material information.
For quarterly earnings, the blackout period could systematically begin on the last day of the financial quarter and continue until one or two trading days after the company files its financial results. This way, the public has a fair amount of time to dissect financial results.

[broken_investor]

Wow, really good post. Puts a lot into perspective with this management. No skin in the game. What does that tell you about VRUS management? True believers in their company or used car salesmen trying to sell a piece of junk? Looks like the latter.