Replies to post #165776 on Verus International Inc (VRUS)

[Pro-Life]

First Class, Crozz. TY!!!

[Chief-money]

Good perspective of what’s wrong, people keep thinking these new orders are good but if management is not being financially responsible they mean nothing. Toxic notes are just that - toxic. This one had so much promise as Anshu does seem to have capability to make deals and close sales, but he really screwed shareholders. I got 25% out between $.15 and $.025 but still left holding huge bag. And I heard him live on conference calls say he would be financially responsible and not dilute for growth. The other thing irking me is him taking in huge comp as part timer as shareholders get screwed. Sucks all the way around.

[Coachshot99]

Great post and I think it reflects the sentiment of many.

Anshu has let everyone down with his irresponsible dealings with his debt. Period. End of story.

Nobody can argue that.

Obviously, Andrew Garnock feels the same way and is exiting. He is selling his shares for .002!!! Could it be any worse? That tells me he thinks this will go below .002 and he thinks that’s the best he can do.

I know people want to believe he is “gifting” these shares to friends. Guess what... he is not freaking Santa Claus. He is a savvy business man. He knows Anshu screwed him here and he is cutting his losses as best he can.

Anshu has some serious character flaws that have been exposed here. Honesty, for one. Greed is another. And he certainly lacks Empathy based on the callous approach he takes in the CC’s. Cutchens is no better. In fact, he may be the root cause of all of this. His history with other OTC stocks is well documented.

Somehow, much of this was all orchestrated in my opinion. I think it was his intention all along to default of some of these loans and to run the share price down. With the revs they allegedly make, they could have certainly paid these notes down if they wanted to.

This newest finance deal seems even more sketchy to me. And I base that on the characters involved. I spent a lot of time looking at the history of the new investment group and I don’t like what I see. That’s all I’m gonna say there. I will be interested to see GC’s post about these 20 somethings who seem to have a very high interest I. Some really weak OTC companies. It reeks of typical bullshit to me.

I will also hold and will average down one last time in the teens or trips in hopes that a small run back to .004 or so can get me out of this mess with a minimal loss. Might be a weak strategy but it is what it is. Anshu has lied repeatedly and he lied again in the last CC multiple times. I have zero faith in anything he says. You can be as missed as you want at me, if I still don’t think you will ever see BLF in TJ Maxx. He is full of shit. I have a lot of thoughts about Verus Cares as well. It’s Nutribrands all over again. How can that division be so quiet during a freaking pandemic? Are u kidding me? That’s one big ass scam. Or the worst sales force ever assembled. I will go with scam because I have friends selling shitty masks on community Facebook pages that their wives are making from home. And they can’t keep up with the demand. That’s all you need to know. There is no Verus cares. I don’t believe it even exists.

This will likely be in the trips within a month. I will take about $1000 and try to avg down and then hope for the best.