Replies to post #152124 on Verus International Inc (VRUS)

[Debo82]

I sure as hell haven’t seen no money !... I bet it’s rawdog lmao joking

[NoMoDo]

I have no idea if VRUS paid a promoter to pump this crap. Doesn't really matter tho, does it. The correct response from the company is to disavow the pumping - especially since they were PR'ing the hell out of it while the pump was occurring. Generally, the best play is an 8k. Here is the SEC order from the SEC. Notice they never said the company was paying the promoter:


UNITED STATES OF AMERICA
Before the SECURITIES AND EXCHANGE COMMISSION
April 8, 2020In the Matter of Bio E Life Corp.f/k/a U.S. Lithium Corp.File No. 500-1

ORDER OF SUSPENSION OF TRADING
It appears to the Securities and Exchange Commission that the public interest and the protection of investors require a suspension of trading in the securities of Bio E Life Corp. f/k/a U.S. Lithium Corp. (“LITH”)(CIK # 0001396054) due to questions and concerns regarding the accuracy and adequacy of publicly available information concerning LITH, including public statements made by LITH in press releases issued on March 12, 2020 and March 16, 2020, and reinforced by third-party stock promoters, regarding a purported new “Corona virus (COVID-19) Prevention Products Line”which the company claimed to be producing and distributing,together with potentially manipulative trading activity between October 2019 and the present.

LITH is a Nevada corporation with its principal offices purportedly located in Seal Beach, California. The company’s common stock is quoted on OTC Link (previously Pink Sheets) operated by OTC Markets Group Inc. under the symbol LITH. As of April 3, 2020, LITH, had eleven market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3). The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company.

THEREFORE, IT IS ORDERED, pursuant to Section 12(k) of the Exchange Act, that trading in the securities of the above-listed company is suspended for the period from 9:30 a.m. EDT, on April 9, 2020through 11:59 p.m. EDT, on April 23,2020.By the Commission. Vanessa A. Countryman Secretary