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The Fascinating Story of Verus International Inc (OTCMKTS: VRUS)
Amy MurphyMarch 11, 2020
Verus International Inc (OTCMKTS: VRUS) is on a fast rise up the charts on accelerating volume after a brief dip below the $0.01 mark. VRUS is a fast runner skyrocketing last year from $0.0016 lows to highs of $0.037. VRUS has a significant shareholder base behind it looking for VRUS to retake and surpass the $0.037 mark.
The latest move on VRUS comes after the Company announced it has received initial candy orders from new distributors, sporting goods and national chain customers. These orders mark a major milestone for the Company’s Big League Foods subsidiary, representing the first sales featuring newly enhanced packaging and custom candy pieces in the shape of bats, gloves, hats, and baseballs. Verus will now have products covering all 30 Major League Baseball teams, with the potential to have a presence in every major U.S. market by mid-2020. Previously VRUS has stated its MLB business will be its fastest growing segment in the first half of the year. According to management: “Despite some recent delays, we are standing by our projection for triple-digit growth during 2020.”
Verus International Inc (OTCMKTS: VRUS) is a global, emerging multi-line consumer packaged goods (CPG) company developing branded product lines in the U.S., South America, and the Middle East. The Company is an international supplier of consumer products, which it markets under Verus-owned brands to multiple sales outlets. Verus’ initial focus is on frozen foods, particularly meat, poultry, seafood, vegetables, and French fries. Verus has a significant regional presence in the Middle East and North Africa (MENA) and sub-Saharan Africa (excluding Office of Foreign Assets Control (OFAC)-restricted nations), with deep roots in the Gulf Cooperation Council (GCC) countries.
Big league Foods is emering as VRUS most important subsidiary; according to management the MLB business will be its fastest growing segment in the first half of the year. “Despite some recent delays, we are standing by our projection for triple-digit growth during 2020.”
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