Replies to post #166329 on Verus International Inc (VRUS)

[Rhyno055]

GERMAN YOUR DD IS TOP NOTCH This should be on IHUB page

[Shinook99]

You are a legend among little boys and girls on this board.

Well done sir. As always, I salute you

[allenc]

Excellent and informative post! Thanks for sharing

VRUS

[cowsgomoo]

I wonder if Anshu is reading your post and thinking "finally, finally one of these posters isn't an idiot!". lol

[KeepItRealistic]

Fantastic post !
Some of us do understand!

[JOHNNY-VEGAS]

IT'S JUST ANOTHER DESPERATE FORM OF DILUTION BECAUSE TOXIC NOTEHOLDERS WILL NOT LEND THEM ANY MORE.

the comparison is mind boggling.

which of the prior Fake BS deal has ever materialized?

Except, insider lining up their pockets by pretending to have business in Middle East, which can never be verified.



https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156057430

[fantasytrip]

Thank you for this amazing info.

[Porteño]

Wow excellent post and spot on!!

[kingpindg]

GC, thank you for putting this information together and I agree with you that the financing arrangement will work best for both parties in a rising share price environment. One thing for your consideration, however.

The way I understand it, the 4.9% of O/S limitation is not a one time thing. As long as White Lion resells the shares that Verus sells to them, they can own 4.9% of the then O/S many times. For example, right now Verus can only sell up to 127M (4.9% of 2.594B) shares to WL, but as soon as WL sells those shares Verus could sell them another 133M, and then another 139M, and so on until they have received a total of $5M from WL.

Again, though, the agreement is most beneficial to both parties in a rising share price environment; WL can be assured of selling at prices higher than they where they purchased and Verus will have to sell fewer shares to WL. So, let's hope the good news starts flowing again and the share price keeps rising.





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[Bud-Wiser]

Just a Fantastic Break-Down....Golf Clap and a Tip of the hat to you.....As Usual ...Hope to see you around sooner rather than later
BW

[Charlye]

Well done Colombia...teaching the difference between investing vs trading...see you... long as you

[polvo31]

Wow. Just, wow. Taking another crappy dilutive garbage loan and making it seem somewhat palatable. Bravo. *hand clap*

This world is in decline....

[Z-trade]

Thanks GC! Always well thought out, and logical.

[Capitalvaluetrade]

Excellent Post

[H~E Pennypacker]

Great post, German- you always provided top-notch analysis and insight.

It looks like it's a good time to get back into Verus!

[RoamingBull]

Excellent analysis and summary GC, thanks.

[NoMoDo]

Sorry, that isn't right. My gut reaction is that this is a much better TOXIC financing than the previous financings, but it is still toxic financing. There also isn't a maximum of 4.9%. I think the financing is an interesting spin, but don't get too excited. It likely gets around usury laws while still sticking it to investors.

From company’s point of view, the ONLY way to get the $5M in finance is if share price goes up, because at the prices we have now, it would only receive $400,878 of the $5M (133,625,991 shares X 0.003 = $400,878).

From the following terms, the "investor" lender can never own more than 4.9% of the company. This is a provision that keeps the "investor" lender from gaining control over the company, not limiting the number of shares sold. The company can take 4.9% and then sell them all only to take another 4.9% capping at $5 mil worth. What makes it toxic? 95% of market price (lowest 1 day price). They get more shares if they can tank the price - even for a moment with a 1 share sale.

(g) BENEFICIAL OWNERSHIP LIMITATION. The number of Purchase Notice Shares then to be purchased by the Investor shall not exceed the number of such shares that, when aggregated with all other shares of Common Stock then owned by the Investor beneficially or deemed beneficially owned by the Investor, would result in the Investor owning more than the Beneficial Ownership Limitation (as defined below), as determined in accordance with Section 16 of the Exchange Act and the regulations promulgated thereunder. For purposes of this Section 7.2(g), in the event that the amount of Common Stock outstanding is greater on a Closing Date than on the date upon which the Purchase Notice associated with such Closing Date is given, the amount of Common Stock outstanding on such issuance of a Purchase Notice shall govern for purposes of determining whether the Investor, when aggregating all purchases of Common Stock made pursuant to this Agreement, would own more than the Beneficial Ownership Limitation following such Closing Date. The “Beneficial Ownership Limitation” shall be 4.9% of the number of shares of the Common Stock outstanding immediately prior to the issuance of shares of Common Stock issuable pursuant to a Purchase Notice.

How quickly can it dump shares?

[Coachshot99]

Appreciate all the hard work on that but...

I think ur missing one key point.

White Lion can purchase 4.9% of the OS over and over and over so long as they only hold 4.9% at any given time.

Point being... they could buy now and would only have to pay .0018 (actually 5% less) based on the terms. And then dispose of those 125,000,000 shares in the .003 area. What an excellent flip for an investment company that would be!!!

Once they sell the shares, they could repeat the deal again and again until they have capped at $5,000,000 loaned out to Verus.

So they could repeat the process many many times.

Your notion that they would benefit by waiting until the price was much higher to buy shares is wrong. They should want to take this share price to the cleaners as many times as possible. I’d be shocked if they weren’t already trying to seal the deal on the initial purchase agreement so they can lock in .0018 and start selling ASAP.