Since August 1, 2018, we, through our wholly-owned subsidiary, Verus Foods Inc. (“Verus Foods”), an international supplier of consumer food products, have been focused on international consumer packaged goods, foodstuff distribution and wholesale trade. Our fine food products are sourced in the United States and exported internationally. We market consumer food products under our own brand primarily to supermarkets, hotels and other members of the wholesale trade. Initially, we focused on frozen foods, particularly meat, poultry, seafood, vegetables, and french fries with beverages as a second vertical, and in 2018, we added cold-storage facilities and began seeking international sources for fresh fruit, produce and similar perishables, as well as other consumer packaged foodstuff with the goal to create vertical farm-to-market operations. We have also begun to explore new consumer packaged goods (“CPG”) non-food categories, such as cosmetic and fragrances, for future product offerings.
Company profile
Ticker
VRUS
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
REALBIZ MEDIA GROUP, INC, WEBDIGS INC
SEC CIK
Corporate docs
Subsidiaries
Pachyderm Labs, LLC • Verus Foods, Inc. • Verus Foods MENA Limited • Verus Middle East General Trading, LCL, a Dubai limited liability company • Verus Foods (Singapore) PTE. LTD. • Pachyderm Labs, Inc. ...
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
28 Nov 22
8-K
Departure of Directors or Certain Officers
9 Nov 22
10-Q
2022 Q3
Quarterly report
16 Sep 22
NT 10-Q
Notice of late quarterly filing
15 Sep 22
10-Q
2022 Q2
Quarterly report
21 Jun 22
NT 10-Q
Notice of late quarterly filing
15 Jun 22
10-Q
2022 Q1
Quarterly report
15 Apr 22
10-K
2021 FY
Annual report
15 Apr 22
NT 10-Q
Notice of late quarterly filing
18 Mar 22
NT 10-K
Notice of late annual filing
1 Feb 22
Latest ownership filings
SC 13G/A
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14 Feb 23
SC 13G
Citadel Securities GP LLC
14 Feb 22
SC 13G
ADAR ALEF LLC
7 Apr 21
4
Anshu Bhatnagar
22 Oct 20
SC 13D/A
ARJ Consulting, LLC
23 Jul 20
SC 13G
Arikeri Pathikonda Sivakumar
22 Jul 20
4
Andrew Garnock
8 Jul 20
SC 13D/A
ARJ Consulting, LLC
8 Jul 20
SC 13D/A
ARJ Consulting, LLC
30 Jun 20
4
Andrew Garnock
29 Jun 20
Financial summary
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Annual (USD) | Oct 21 | Oct 20 | Oct 19 | Oct 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 21.68 k | 21.68 k | 21.68 k | 21.68 k | 21.68 k | 21.68 k |
Cash burn (monthly) | (no burn) | 3.98 k | 195.24 k | 192.52 k | 24.70 k | 33.85 k |
Cash used (since last report) | n/a | 82.06 k | 4.02 mm | 3.97 mm | 508.90 k | 697.40 k |
Cash remaining | n/a | -60.38 k | -4.00 mm | -3.94 mm | -487.22 k | -675.72 k |
Runway (months of cash) | n/a | -15.2 | -20.5 | -20.5 | -19.7 | -20.0 |
Institutional ownership, Q4 2020
13F holders | Current |
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Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
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Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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