Replies to post #157064 on Verus International Inc (VRUS)

[polvo31]

Do you have special information to prove him incorrect? Doubts and opinions should always be added/included to analysis in the OTC, and especially with VRUS.

[dvice]

Ok, let's dissect this shall we:
First, you don't have to be an "insider" or have "special information" to understand how the EIDL works and what the current MAX amount is - $150K - previously $2 mil, like I stated. Second, the loan amount that is granted is based off of ECONOMIC INJURY (EI). You're going to sit here and tell me that Verus, a company who is in the food business (one of the few industries doing well) who tweeted that "we expect to show some acceleration in our revenue expectations" on March 16 has experienced $2 million in economic injury?? They applied for $2 million because that's the max, so why not, they have nothing to lose.

Did I say they wouldn't receive funds? No...but it is completely unrealistic to think they would receive $2 million...MAYBE $150K but again, that is now the MAX a company can receive.

Now, after reading this, I'd like you to tell me why you think they will receive $2million for the EIDL because apparently what I wrote struck a chord.