Replies to post #158022 on Verus International Inc (VRUS)

[NoMoDo]

I have been through 3 R/S's and they all had the same results. I know there are a few examples of good from these but they are as rare as hens teeth.

I am currently involved in a company that had a successful RS, but you are right, it almost never happens.

As for the rest of your post, I concur. It was disastrous. As a moderator of that board, I gave the good and bad of that stock. I warned everyone of a RS a month before they announced it. I felt bad that people didn't listen as the value of their shares dropped by over 80%.

Now knowing that they have toxic financing over there as well, I expect the value over there to drop below a penny by this time next year.

[rrb123]

that makes no sense because you still own the same percentage of the company after the spit ,so how would it only be $35 ...fake news

[Crozz]

I’m sorry, ST, I hate to hear that. I was not in Mphase, I only looked into it at the time of the RS to see what all took place. That’s terrible and if all of this is true, then it looks like I’ve put my faith and money in the wrong hands. The more I learn about the market, the more I’m disappointed in people and humanity in general. Every time I read an article now, I can’t help but think about the publishers own position on the stock and that’s the reason for publishing. Some of the biggest publications are the biggest short players in the markets. But the play the position of expert on everything.

I don’t even pretend to have the markets figured out. I know business and building, growing , and running businesses. That’s my area of expertise and experience. That’s why I loved Verus, because I was here from the beginning and watched it grow. I have been struggling with what is going on here over the last month and things seem off. It just doesn’t feel right anymore and I’m not defending anything that has taken place with the stock. If you look back, almost all of my posts are on the business side of Verus and less on the stock side of VRUS. I
Like to buy and hold and trust that good people are doing the right things.

I’ll probably never touch an OTC stock again after this one. I’ll see how this plays out, might as well at this point, but it’s a shame and Anshu needs to make himself public on this one and soon. I’m sure Mark is getting tired of my emails, but I don’t care. I’m going to keep blowing him up until I get answers from Anshu on why the stock has plummeted 75% in 4 weeks. It’s not all noteholder conversion selling.

He’s the CEO of a publicly traded company and he needs to answer these questions. Any Wall Street CEO would be ousted and crucified if the company’s stock sank 75% in 4 weeks and he gave no explanation. He’s not off the hook, just because he runs a company that trades on the OTC.

Speak Anshu, we’re all waiting

[Z-trade]

You need to break down your calculations for me....

How did you get 375k to $35.00...... I think the pre split price was .0003 or .0004

375,000 dollars presplit would have been 937 million shares

Post split at 5000 to 1 would be 187,000 shares, at 2 bucks a share, it would be $374000.... right now worth 40k.... not good, but not 35 bucks.... am I lost?

[woodleighinvestor]

ST,

I was a bit confused by what you wrote so we did a quick 5 dig. Prior to the RS, it shows it was trading around 0.0001. Post RS it was 1 dollar? And yes it dropped but then recovered to close above 1 dollar on several days post the RS?

The setup:
From the end of January, 2019 to just before the split May, 21 2019 the stock is trading between $1.00 and $1.50. The split takes it to $1.63. One week later and inside the no trade freeze the stock drops to $.070.

[Coachshot99]

Ummm... clearly your calculator doesn’t function. Lol. That’s pathetic ST.

You just lost some serious street cred.

[Backstabbed]

Been through a couple of bad experiences as well. Not with the stocks you mentioned though. I can feel you, it stings!