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Replies to post #177548 on Verus International Inc (VRUS)

Replies to #177548 on Verus International Inc (VRUS)
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dvice

10/06/20 5:07 AM

#177562 RE: Charlye #177548

The PPP loan = CARES note.
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DewmBoom

10/06/20 6:54 AM

#177563 RE: Charlye #177548

Monaco is not a convertible note. The agreement is a cash payment til the end of the year. Latest payment of $125,000 was due on September 30. Remaining balance was about $549K. Accredited investor payment of $312,500 was due on September 29 and also paid in cash.