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Gaithersburg, MD, Jan. 31, 2018 (GLOBE NEWSWIRE) — RealBiz Media Group, Inc. (OTCQB: RBIZ), currently operating as Verus Foods (the “Company”), is admiring to advertise that Verus has accustomed an complete one-year promissory agenda in the sum of $530,000 from Monaker Board Member Don Monaco. This agenda abundantly enhances the Company’s banking position and will be acclimated for accumulated purposes, both to actualize advance and to retire debt. The use of these funds will depend aloft alive basic discussions currently advancing with added entities. 

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In addition, the Aggregation is advertisement the acknowledgment of a allocation of the shares issued in affiliation with the contempo Monaker settlement. Afterward that acceding in December 2017, Verus CEO Anshu Bhatnagar requested apology on account of RBIZ shareholders in the anatomy of 50% of the 8,326,630 RBIZ shares awarded to NestBuilder by Monaker.  In affiliation with today’s announcement, NestBuilder has agreed with that appeal and has alternate 4,163,315 shares of accepted b to RealBiz. 

These accomplishments announce a final resolution and end to all absolute litigation, allotment disputes, and added disagreements amid Monaker Group, NestBuilder, RealBiz and accompanying parties. As a reminder, accepted RealBiz shareholders of accepted b will accept an agnate cardinal of shares in NestBuilder afterward the accessible spin-off, which is in final ysis with the SEC. 

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 “This marks a above anniversary in acceptable a fully-independent aggregation as Verus Foods,” commented Verus CEO Anshu Bhatnagar. “We accept operated beneath the billow and amount of the RBIZ bequest lawsuits during our absolute time as a accessible aliment company, so to accept those layers of action assuredly end goes above a faculty of relief.  Coupled with this arrival of funding, we now accept the adventitious to administer both our advance and debt on our own terms. The contest of the aftermost year were not article we accepted at our starting point in January of 2017, and we accept some absolute challenges to overcome, but our eyes to actualize a all-around aliment business charcoal the same.”

With all action and share-count issues now settled, the absolute appointed accumulated accomplishments accommodate a aftereffect calendar (dependent on the SEC), followed by a name and attribute change. 

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About RealBiz Media Group, Inc.

RealBiz Media Group, Inc. consists of two business segments: an all-embracing aliment accessory (Verus Foods) that sells articles to barter worldwide; and a absolute acreage agenda media and technology company. RealBiz Media Group, Inc. (OTCQB: RBIZ) trades on the OTCQB adventure date exchange for aboriginal date and developing U.S. and all-embracing companies. Investors can acquisition Real-Time quotes and bazaar advice for the aggregation on www.otcmarkets.com.

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Safe Anchorage Statement

This columnist absolution contains assertive advanced statements aural the acceptation of the safe anchorage accoutrement of the Private Securities Action Reform Act of 1995. These statements are articular by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and agnate expressions that are advised to yze advanced statements.  All advanced statements allege alone as of the date of this columnist release. You should not abode disproportionate affirmation on these advanced statements. Although we accept that our plans, objectives, expectations and intentions reflected in or appropriate by the advanced statements are reasonable, we can accord no affirmation that these plans, objectives, expectations or intentions will be achieved.  Advanced statements absorb cogent risks and uncertainties (some of which are above our control) and assumptions that could account absolute after-effects to alter materially from actual acquaintance and present expectations or projections. Absolute after-effects to alter materially from those in the advanced statements and the trading amount for our accepted b may alter significantly.  Advanced statements additionally are afflicted by the accident factors declared in the Company’s filings with the U.S. Securities and Exchange Commission.  Except as appropriate by law, we undertake no obligation to amend or alter about any advanced statements, whether as a aftereffect of new information, approaching contest or otherwise, afterwards the date on which the statements are fabricated or to reflect the accident of hasty events.

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