VRUS - Verus International, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0269
+0.0040 (+17.57%)
At close: 3:59PM EDT
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Previous Close0.0229
Open0.0250
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0206 - 0.0280
52 Week Range0.0010 - 0.0370
Volume9,976,088
Avg. Volume10,958,396
Market Cap61.613M
Beta (3Y Monthly)3.20
PE Ratio (TTM)N/A
EPS (TTM)-0.0000
Earnings DateFeb 7, 2019 - Feb 11, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire13 days ago

    VERUS INTERNATIONAL SIGNS $605,000 NOTE; INCREASES FUNDED BACKLOG

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce that it has strengthened its capital structure via a $605,000 fixed-rate convertible note from Eagle Equities, LLC. The note carries a 4% per annum interest rate on the principal. The note is due on July 1, 2020 and the holder can convert any amount of the principal into shares of the Company's common stock, at a price equal to $0.10 per share. As the initial production of the Major League Baseball (MLB) ice cream commences this week, this new funding will enable Verus to accelerate the roll-out of this product category into additional team markets.

  • GlobeNewswirelast month

    VERUS INTERNATIONAL, INC. REPORTS 153% INCREASE IN QUARTERLY REVENUE; FORECASTS RECORD GROWTH FOR FISCAL 2019

    Verus International, Inc. (“Verus” or the “Company”) today announced financial results for its fiscal 2019 second quarter ended April 30, 2019. In conjunction with this release, the Company is also providing additional details on its strategy for the remainder of fiscal 2019. Operating expenses as a percentage of revenue improved significantly to 23.7% of revenue in Q2/19 compared to 38.3% in Q2/18.

  • GlobeNewswirelast month

    VERUS INTERNATIONAL NAMES CHIEF FINANCIAL OFFICER

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce that Christopher Cutchens has been appointed as the Company’s Chief Financial Officer, effective June 1, 2019. As part of this appointment, Mr. Cutchens has relocated to Verus’ Maryland office. “We have so many things in work, that appointing a full-time CFO on premises has become a critical need.  I am looking forward to having another key member of our staff under the same roof,” said Anshu Bhatnagar, Verus’ CEO.

  • GlobeNewswire2 months ago

    VERUS INTERNATIONAL ANNOUNCES $500,000 STRATEGIC INVESTMENT FROM ARJ CONSULTING, LLC

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce that it has received a strategic investment from ARJ Consulting, LLC and lead investor Andrew Garnock. “This additional vote of confidence in our strategy could not come at a better time, as we begin to ramp up our new business,” said Verus CEO Anshu Bhatnagar. “To find a lead investor who shares our long-term vision of the future is gratifying.

  • GlobeNewswire2 months ago

    VERUS INTERNATIONAL SIGNS NEW 2,500 STORE DISTRIBUTION AGREEMENT

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce that it has signed a new distribution agreement to place Major League Baseball (MLB) branded confectionary products into approximately 2,500 locations in the New York (Yankees), Boston (Red Sox), Philadelphia (Phillies) and Chicago (Cubs) metro markets. “We are very excited about this new marketing partnership,” said Big League Foods Subsidiary President James Wheeler.

  • GlobeNewswire3 months ago

    Verus International Signs $600,000 Note – Provides Operational Update

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce that it has strengthened its capital structure via a $600,0000 fixed-rate convertible note from GS Capital. The note is due November 12, 2019 and the holder can convert any amount of the principal into shares of the Company's common stock, at a price equal to $0.10 per share. A portion of this funding will be used immediately to begin production of ice cream for our newly announced Big League Foods subsidiary.

  • GlobeNewswire3 months ago

    VERUS INTERNATIONAL ANNOUNCES ACQUISITION OF BIG LEAGUE FOODS, INC. – GAINS LICENSE WITH MAJOR LEAGUE BASEBALL

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) today announced its acquisition of Big League Foods, Inc. (“Big League Foods”), which has a license with Major League Baseball Properties, Inc. (“MLB”) to sell MLB-branded frozen dessert products and confections. The license covers all 30 MLB teams. Upon the closing of the acquisition of all of the outstanding capital stock of Big League Foods, Big League Foods became a wholly-owned subsidiary of Verus.

  • GlobeNewswire4 months ago

    VERUS INTERNATIONAL, INC. REPORTS 145% INCREASE IN QUARTERLY REVENUE, ANNOUNCES LARGEST FUNDED BACKLOG IN COMPANY HISTORY

    Verus International, Inc. (“Verus” or the “Company”) today announced financial results for its fiscal 2019 first quarter ended January 31, 2019. In conjunction with this release, the Company is also providing a more detailed description of its strategy for fiscal 2019. The company’s gross margin was approximately 15%, in the higher expected range for the current product mix.

  • GlobeNewswire4 months ago

    VERUS INTERNATIONAL, INC. REPORTS 101% INCREASE IN ANNUAL REVENUE

    Verus International, Inc. (“Verus” or the “Company”) today announced financial results for its fiscal 2018 fourth quarter and full year ended October 31, 2018. In conjunction with this release, the Company will also provide additional details on its strategy for fiscal 2019. In fiscal 2018, Verus posted sales of $5.8 million, a 101% increase over the $2.9 million registered in fiscal 2017.

  • GlobeNewswire5 months ago

    VERUS INTERNATIONAL ANNOUNCES $4 MILLION RICE SUPPLY AGREEMENT

    Verus International, Inc. (“Verus” or the “Company”) is pleased to announce that it has received an order from a distributor to deliver approximately $4 million worth of rice annually for the Dubai market. Verus will source three to four varieties of rice from multiple producers in India to meet this initial demand. Under the terms of the agreement, Verus will sell rice under both the supplier’s brand name and a Verus brand.

  • GlobeNewswire5 months ago

    VERUS INTERNATIONAL SIGNS $10 MILLION HONEY SUPPLY AGREEMENT

    Verus International, Inc. (“Verus” or the “Company”) is pleased to announce that it has signed an agreement to supply honey products in Europe and parts of the Middle East. The contract will focus particularly on the United Kingdom and Germany, but will include a dozen countries in Europe and the Middle East. Depending upon the market, Verus will offer from 20 to 30 different stock keeping units (SKUs) covering a broad range of honey categories and product sizes.

  • GlobeNewswire5 months ago

    Verus International Announces $1.45 Million Financing and Retirement of Notes

    Gaithersburg, MD, Feb. 11, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Verus International, Inc. (“Verus” or the “Company”) is pleased to announce that it has received $1.45 million in funding, as detailed in a Form 8-K filed today. Concurrent with this funding, Verus is pleased to announce that it has retired all of the variable rate convertible notes (“toxic notes”) held by four separate creditors. This action is particularly important because it will enable Verus to remove a sizeable reserve from its balance sheet and avoid paying millions of dollars in penalties and other charges.