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“Hoping someone comes in and buys up verb for two bucks a share.”
Why on earth would they do that?
Rory would be lucky to get double or even triple the current market price.
And this is what is likely to happen…he will wrap a bow around MARKET, and then sell for pennies against the investment, but enough to cover all the notes (most of which are his) and then roll up the carpet with his millions leaving shareholders with next to nothing.
Rory needs to (re)recruit the "Trained Killers" that he touts in this bBooth video:
JJ..I meant we need thousands of more sellers with their merchandise. If we had a million of them We might be able to zoom zoom like zoom.
Let's just hope a miracle happens before mid 2024. We could sure use a Christmas miracle by now
If Rory and his pals on Two minutes started to close contracts I would not have to meow so loud. I might purr a bit. Unfortunately, miracles happen, but not often. Just fill our stockings with some credibility so Christmas in another week does not seem so blissless, listless and pretty near gloomy to be put it pointedly.
Longs praise how Verb is cutting costs and then state they need to add more sale's people. This can't work unless the sale's people are volunteering their services for free..
I expect this company to be out of business before January 2024
Truly need news of more closed contracts. The sooner the better as that adds revenue to our bottom line.
Especially, if we only get eight percent of one million our quarterly total would be only 80,000. So far we have not had an indication of sales breaking a million bucks this year. It would take thousands of sellers to do one hundred million in sales in order to get up to 8 million bucks .let alone 800 thousand bucks.
Need to see saas contracts and teams contracts and obviously more sales people coming in. My projections for now are not inspiring.
Hoping someone comes in and buys up verb for two bucks a share.
Is there anyone out there. Any one would do. Not picky...HELP
Patience= 100% loss on investment. Most long shareholders I hear are currently down around 85% - 90%.
Long shareholders are either trying to convince themselves or trying to convince newbies this is a good investment. It clearly was/is not.
Good luck
Patience = suffering, but the reward is often worth it.
i don't know much, but i know how to read a price chart, and the chart don't lie. happy holidays, rory. what are you getting us for christmas?
The recent “straight debt” financing was not a bank. LOL.
It was a well known toxic penny stock financier John Fife and he sure as hell isn’t a banker.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170455670&txt2find=Fife
And if you read the terms of the loan, he basically controls what Verb can do or not do in regards to any other financing, money flow etc.
Rory is going to have to come up with the cash in 18 months or Fife will own his ass.
That “straight debt” financing is about as “straight” as a payday loan.
Actually more like a loan shark.
The recent straight debt financing leads me to believe the bankers disagree with you.
How anyone can defend this CEO or company is beyond comprehension.
“Unless you have inside info you don't know how much they have been able to cut.“
Huh? I never said I did…I was merely providing some perspective on what would have to happen in order to get to cashflow positive…and as most will realize it is not realistic anytime soon.
Unless you have inside info you don't know how much they have been able to cut.
I don't think shareholders will approve an RS regardless of what management wants. Not even sure management wants an RS. They didn't put it in the recent info circular and that is telling.
They would have to DOUBLE revenue and cut their costs IN HALF…to get even close to cashflow positive.
And that isn’t going to happen anytime soon.
But then Rory did predict it was possible by the end of 2019…LMAO.
Was he really that clueless….or just lying?
Rory is very aware of what can get financed. My feeling is RS has to be done. Most likely ten for one. Less shares obviously. Shorts would be reduced from 6 million shares to 600,000 shares. Plus less then 11.6million shares outstanding to deal with. Big possiblity of getting back up to 35 cents before March 15th. Sellers should be out before that time. Less spending, less employees .more cuts and down size people that take up space..like Denise and other useless overhead. I am sure there is a lot left to be done. Beef up sales team only where they can prove they are getting clients in and valuable contracts. Boy would I cut, cut
No, with the aggressive cost cutting and a soon to be marketing/influencer campaign i don't expect they will need a dilution future financing as they should finally be cash flow positive.
And if they WANT to raise capital, once cash flow positive they will be able to get straight debt.
If they get delisted from Nasdaq…Rory will have a lot more trouble getting financing that isn’t toxic.
…and it will frankly be the end. Maybe flippable…but the company will no longer be able to exist as it does now.
My money is on no RS. Drop to QX if they fail to achieve the $1 requirement.
You are right about timing for RS will be interesting if some of our old software sells prior to that. Only two more weeks til end of year and end of sell offs
My guess is the Pre14C/A will show up mid to late February.
Rory has not made any announcement of the RS, but given the deadline established by NASDAQ to meet the $1 price, the RS has to be completed in less than 6 months.
When is the RS?
Who is saying that the VERB numbers are good? During the recent earnings discussion Rory said that Market.live was not up and running long enough to break out revenues generated on the platform.
Why not release numbers, then, if things are so good?
Adobe Analytics released data showing a record-breaking Cyber Monday for eCommerce, with over $11 billion in online spending! You'll love to see it.
— VERB (@ShopMARKET_Live) December 12, 2022
Check out the full report here: https://t.co/Ge40CWPSXL#ecommerce #cybermonday #blackfriday #cyberweek #report #sales #business
Nope. Rory would fail selling water in a desert. #ERTD
Sure, Rory can go live online and sell plastic sheets for the bedwetters, napkins and spoons and plates and cones for the ice cream eaters and sheriffs’ badges…
Rory likes the line light. Maybe he and McKinney can put on daily shows. We should see them working to actively make money...rather then sitting and talking about nothing to do with verb.
Possibly the 6 plus million shirts might start closing their positions. Lol. What do you think??? I think I made a funny
On a “break” two weeks before Christmas…. smh.
…same ‘ol same ‘ol.
Rory probably can’t afford to put many live events on anymore.
Slow death spiral here.
2 weeks before XMas and no live events. Damn bedwetters
Wow. Time to face reality -- Verb's stock price has failed to perform because the business model has failed to succeed.
OVER AND OVER. No need to look for a boogeyman when the truth is staring you right in the face. Bedwetters, shorts, forums, etc...are not responsible for the shortcomings of the business.
Time to put on big boy pants.
Don't get investment advice and conspiracy theories from a message board. DO your own DD.
I am in agreement I would prefer anything over a reverse split they are always the kiss of death
Doesn't really matter most reversed splits fall back to the original price anyway You will have far less shares and it will be back down to 20 cents if they do a reverse split
I believe this will go out of business. Their new product is nowhere and they seem to have allowed their prior business lines to fall away. There may be a period where they try to engineer more time to pivot again, but I think this will probably need to wrap up before too long.
That is appalling. People shop seven days a week. Time to make my buttermilk blueberry pancakes. Weekends are great to just recoup energy and relax. Why no shows. I guess verb is on a break too
Zero live events this weekend. Absolutely pathetic for a platform that should be running 24/7
I think Zach Galifianakis would be a good choice. He played a similar role in the FX series BASKETS:
“They hired a firm that cuts costs to avoided bankruptcy.“
No they didn’t.
Sheesh.
They hired a firm that can figure out a way to sell the assets without going bankrupt.
And that will mean $0 for the common equity.
JMO, Verb as it exists today will not be the same in six months. It will either get a financial partner for majority interest at a deep discount, be sold for cheap or go under.
Given the company’s lack of growth, financial position and debt, it can’t survive on its own.
Confident based on what? Market barely has anyone streaming on it.
They hired a firm that cuts costs to avoided bankruptcy. Continued cutting is inevitable. Market is catching on. Time is an element. Rory has money to add if it spells not shutting the doors. He could reduce Kate's salary as she only is a figure head not a true sales person that can get contracts. I suspect she knows that she is dispensable and will work with verb to continue on. Rather that then being laid off. Money pit is dry so all there have to work together.
As to RS. Most likely in 60 days or there abouts due to market conditions as a whole. NASDAZ listing long term is important. That we as shareholders may have two more years to average a bit on the downside is a likely scenario before we can even get near to a rocket launch. To shut verb doors I HOPE
NOT. MORE Likely A TEN FOR ONE AND THAT Would VE AFTER WE GET BACK TO OVER THIRTY CENTS A SHARE . IMHO. NO Guarantees I AM RIGHT. Just feeling it out on past experiences. I did pick up more verb recently as I had been saving up for it if it reached a certain area. Still may get more before end of year. Just waiting to see how much more shares will be scared out of people by negative posters. Verb can keep door open by really cutting back so it is a matter of constraint and watching for news or chart swings. Not paying attention to wild posts or lists. Really a matter of dollar and cents. Rory has to have total attention to company and not be distracted by TV shows which actually lay him wide open for negligence as a ceo not tending the company as a fiduciary responsibility. I tend to think he knows he cannot pass the blame or buck to others. RESPONSIBLITY lies with head of company. We are concerned about our assets in verb. Rory needs to be concerned about all his assets at this point in time. No threat..just stating the obvious. Board also is responsible for reckless raises and bonuses. So yes, I do not think they want personal suits filed against them for lack of being responsible. Verb has to get lean and mean. So gogo verb and get contracts in. Gogo verb and stay focused on all fronts. Plan on ways to expand that do not raise budgets. Referrals getting referrals and signing contracts is the key.
Easy to say continue cost cutting but maybe the company is at a point where no more cost cuts can be made.
Do you recommend the CEO let Kate go?
You keep saying 10 million in revenue but the company is losing 20+ million dollars a year. Revenue isn't working and cutting costs will not save this company from bankruptcy.
If you look over the last 5 years you see a pattern. Common denominator is the CEO. The board can remove the CEO and change the pattern or keep the CEO and continue the pattern. The pattern of failing to deliver on the promise's made to shareholders.
I anticipate the company to continue the path of failures, more dilution and ultimately the company filing bankruptcy.
No one ....as the company has saas and is bringing in revenue over ten million a year. Better reach in your pockets for a longer period of time to call this a scam. Lots of companies are way way down. Rory has had a clutch and will have to dig out of it with his team. They realize this is a public company and they had to reduce salaries. Personally. his salary is still too high for the amount of money verb brings in. He knows that law suits are a dime a dozen and does not want to be the one it is filed against. His costs cutting will have to continue. So relax as no one gets his part at this time. Dig deep sir and possibly pick up some bottom stock. Yes, it could go down with selling end of December, but confident we will see some very positive sparks flying in the air before year end.
Who's going to play Rory when they do a drama series about this scam?
Verb has no other options but to do further cuts. Money wagon has dried up. Now they need to rebuild all sales to lift revenues and start to get closings on other contracts. Daily meetings to get all caught up each day is important. Especially if some leads are near to completion. Plus additional seminars are needed to connect to new clients.
Tunnels are built now with lights and multiple access routes.
Sales teams need to stay in constant contact. Each area needs to bolster the next and access new codes.
The party has just begun. Only two plus weeks til end of year. If there is more selling for tax loss the ability to buy again after thirty day window is closing. Some contracts will close in 2023 which could have verb moving up at least twenty to fifty cents. This making it far harder to rebuy at low prices. All depends on how previous contracts were structured. Great amounts of news could be hitting us in our first quarter. Fourth quarter and year end should show some improvement with Market. Then multiply that at least ten times for 2023 as this side of verb will continue to grow quickly. Things catch on when one does not need to rent hundreds of store fronts or have to pack up all merchandise to go to a county fair, or travel to individual house when you can have direct contact on line with shopper and efficiently mail items out directly after purchase. No fuss and far more profitable
Plus games such as football, hockey, soccer, baseball, fuze all, tennis, basketball, skating, tumbling, and even musical tapes are going to be strong on Market. Live. Plus blowing items for individual players. Every sport will want to have a presence in Market.live for selling their wares. Sports of any sort is an essential life line for all areas of our populations. Plus concert goers. Millions of groupies love tapes, t shirts, mugs and signed styles to hang out at concerts. The tip of the iceberg only comes out March 15th. This Market is worth billions and it has easy access on market live.
As far as charts with verb. Little to no news will set verb to climb up over previous lows. If it does trip lower I certainly will be grabbing double of what I recently purchased. Yes, it is a risk, but so is staying alive and living ones life fully daily. Not a couch sitter. The trail to Market, live has been laid. Only more and more exposure will happen daily. It is not costly to set up a store front and can only expand daily. Whether one buys a new purse, back pack,. New shirt or fancy belt to attract attention to their assemble the stage has been set. Just be enthusiastic. Gather an audience. Offer discounts with multiple purchases. News is spreading and audiences are getting stronger and bigger. Referrals of this new way of shopping is starting to take off. Bigger companies are coming in. Why would anyone not want to be on this market live to spin ones product to growing audiences. Affordable products.
Yes, there are billionaires out there. Possibly specialty cars could be bought on line like this or even demos of castles around the World. Get a list together. Set up your times and invite your special clients for buying yat has, jewels, and multi million dollar art pieces. Market, live is clean and easy. Just need a client list to interact. Even Elon Musk must have a special list of people he reaches out to. Billionaire and millionaires like to be involved from afar with others of their elk. They do not need a body guard to shop here and yet they can I tract like anyone else and have a fun time getting the items they want. Reach for the stars as my sales family would say. Build the tallest building or even fly to the moon. All is possible. Verb has not ended. Rather verb has just begun. The climb back up will not happen over night, but it is happening .
.
This company is in serious financial trouble and nothing is going to save it.
There is no light at the end of the tunnel.
Cutting expenses and manpower sounds good but ultimately it will only decrease productivity and revenue.
We have revenue of close to ten million a year. Cut costs and continue lay offs with getting some descent contracts and verb will break out. Lots of manipulation going on.
Institutions are in n by close to over 8 percent. That means they have added. No one aftermarket crashes needs more loss carry forwards.
Cut Rorys salary to to 250 k and McKinney to 125 and Cfo to 150 and that would help during this depressed period. Plus cut board members another twenty five percent. Time to get rough and tough as Tina Turner would say.
Time for Rory to put on his gloves as nd fight for verb
This stock will eventually end up at .01-.02
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verb 1-855-250-2300 Email: info@myverb.com (Right click links to open in new tab or window)
Verb Technology Company, Inc. (NASDAQ: VERB) [formerly nFusz, Inc.] 344 South Hauser Blvd. Suite 414 Los Angeles, CA 90036
VERB Technology Company, Inc. (Nasdaq: VERB) transforms how businesses attract and engage customers. The Company’s Software-as-a-Service, or SaaS, platform is based on its proprietary interactive video technology, and comprises a suite of sales enablement business software products offered on a subscription basis. Its software applications are available in over 60 countries and in more than 48 languages to large enterprise and small business sales teams that need affordable, easy-to-use, and quick-to-get-results sales tools. Available in both mobile and desktop versions, the applications are offered as a fully integrated suite, as well as on a standalone basis, and include verbCRM (Customer Relationship Management application), verbLEARN (Learning Management System application), and verbLIVE (Interactive Livestream eCommerce and Video Webinar application). The Company has offices in California and Utah. For more information, please visit: www.verb.tech.
CEO Reports Press Releases SEC Filings Yes, I want to receive I.R. communications!
Media Platforms: Text & email, business & social media, websites, landing pages & live broadcasts
Access to on-Screen clickable links from any connected device, from Cell Phones to Smart TVs.
Recent Developments
(Right click links to open in new tab or window
Click Here For Latest Press Releases
VERB Acquires SoloFire, A Leading Platform for Healthcare Sales Enablement
VERB Beats SaaS Revenue Forecast and Reports Record Breaking 2020 Second Quarter Financial Reports
VERB Adds Livestream eCommerce App to Salesforce AppEchange Marketplace
VERB Announces Closing of $13.8 Million Underwritten Public Offering and Full Exercise of Over-Allotment Option
SeneGence International Unveils New Sales App With Verb’s Interactive Video Features
VERB Launches Interactive Learning Platform With New York’s Sachem Central School District
VERB Announces Strategic Partnership With Waymark Video Creation Platform
Verb Adds Market Leader Stream Energy to Growing Client Roster
VERB ANNOUNCES CUSTOMER AGREEMENT WITH THE NATIONAL ASSOCIATION OF HEALTH UNDERWRITERS
VERB Announces Closing of Sound Concepts Acquisition
VERB ANNOUNCES COLLABORATION WITH ADOBE
VERB ADDS FORMER SALESFORCE EXECUTIVE TO SENIOR MANAGEMENT TEAM
Verb Announces LOI with Getty Images for Upcoming Video Store Ecosystem
Verb Announces The Addition of Shopify For In-Video Product Purchasing
VERB Announces the Release of Tagg Video Real Estate Sales Mobile App
Entry into a Material Definitive Agreement with Salesforce
nFusz Joins the Microsoft Partner Network
nFusz to Launch In-App Video Template Marketplace and Content Creator Ecosystem
nFusz and Instapage Announce Strategic Partnership
nFusz Files Patent Application for its Unique In-Video Call-toAction Technology For Mobile Devices
Due Diligence
About Verb - Verb Direct - Testimonials - Enterprise Clients
Due Diligence - Verb Technology Co. Inc. (NASDAQ: VERB)
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