Verb Technology Company Inc (VERB)

[Real McCoy]

Can you explain this? What is the distinction of it closing below .10 as opposed to the compliance requirement of closing below 1.00 where they’re in the extension period?

[TenKay]

9 trading days to go if it continues to close below $0.10

[bluesky70]

96 days to go....96 tears.

[dukeb]

For anyone interested, here's a link to the David Meltzer / Dane Cook sh*tfest from last Friday.

it's a total snoozefest of Meltzer and Cook pontificating and philosophizing.

When a new person walks onto the stage the applause suggests that there might be 10 people in the YouTube Theater, which has 6,000 seats. I doubt a single person paid for their ticket. Just another vanity project for Meltzer and a paycheck for Dane Cook and Rob Riggle.

[jobynimble]

Verb below a dime, good time to buy or nah?

[dukeb]

It's almost as if the insiders know what the future holds.

[jobynimble]

Verb below a dime and still no insider buying…

Crickets…

[dukeb]

Let's not be too hasty, now.

Rory is not done pivoting!

Here's a link to the latest Verb brainchild -- The Vault. A name that suggests it holds something valuable. LOL.

https://blog.market.live/introducing-the-vault-your-ultimate-tiktok-learning-hub

(NB: The author of that article is David Butler. Might that be someone related to Denise Butler?)

Verb claims it has the keys to unlocking sales success on TikTok. Hell, Verb spent tens of millions of shareholder dollars to develop a dedicated platform for video sales and it was a failure from day one. Now Verb employees hawk dollar store garbage on their own TikTok channel as they plead with viewers to buy the last $ 1 plastic purse so they can go home.

You too can learn these valuable skills for just $ 10 per month.

How many $ 10 per month subscriptions are needed to cover the monthly Verb overhead?

Answer: Lots and lots.

[Real McCoy]

I could see this falling to a few cents. An 8 figure market cap makes no sense. And then what, a 1:500 RS? I’m not sure they go through with that. This could be the end as that recent raise is spent on overhead with as always no corresponding revenue.

[dukeb]

It doesn't matter to Meltzer. He's made tons of money and uses it to spread his message (aka boost his ego). He openly states that if you contact him, he will autograph any of his vanity books and will send it to you for free.

These are all vanity projects.

And Dane Cook is there for a check to avoid eviction.

it’s hard to imagine paid ticket sales being very high.

[Real McCoy]

If that’s the unpaid viewership it’s hard to imagine paid ticket sales being very high. There was more going on at bingo night at the local Rotary Club.

[dukeb]

Someone on StockTwits posted that he checked in on the big show.

15 minutes in and...

Market.live turned off their viewer counter (no surprise) so there is no way to tell if anyone was watching on that platform.
Meltzer's TikTok showed 11 people watching
His Facebook showed 3 person watching
His YouTube showed 8 people watching

Same poster listed viewership throughout the show. The total viewership never made it to 25.

LOL.

[dukeb]

Every niche comedian has fanboys, even someone as horrible as Dane Cook. And just because a seat is marked as unavailable does not mean that someone paid for that seat. Venues routinely mark off areas for families, friends, publicists, etc. The event certainly cost more to produce than the revenue that it brought in.

Spending money on a vanity project is totally on-brand for Meltzer. No different than him printing up hats and t-shirts with his logo. No one buys that sh*t. He gives it away to anyone who will wear it hoping that one day he'll be walking down the street and will pass someone wearing his crap and he'll say to himself "See mommy? I am somebody!"

Who on earth would attend this?

[Real McCoy]

What’s crazy is that there are still sold seats. Who on earth would attend this?

[dukeb]

Here's something interesting about tonite's Dane Cook (HACK) David Meltzer (NARCISSIST) shindig at the YouTube theater.

I took a snapshot of available seats on Thursday morning. Each blue dot represents an unsold seat:



And now here's a snapshot of available seats as of Friday night - 90 minutes before the start of the sh*tshow:



Notice something interesting? There are MORE seats available 90 minutes before the start of the show than there were 2 days before the show. Did people reserve seats (foolishly) thinking that they could reset them for a profit and now those seats are available for sale?

[bluesky70]

verb briefly hit a new low at .11....congrats, rory!

[dukeb]

Rory is AWOL, but if he were to subject himself to questions from shareholders or stock analysts, a fair question would be: "What business is VERB in?"

I don't think that Rory could come up with a coherent answer to that question. The company is schizophrenic at this point. Market.live is dead and buried. The pivot was supposed to be consulting?? to people who wanted to sell on TikTok (even though Verb/Market itself has demonstrated no ability to sell products...and yet they are experts advising others?) to a 60/90 minute TikTok Live where Gen Z shows dollar store crap and tries to sell it.

There is no business model. Even non-shell companies on the OTC have some sort of plan. But NASDAQ listed Verb doesn't seem to have one.

On March 18, 2024, Verb Technology Company, Inc, a Nevada corporation (the “Company”), entered into subscription agreements with certain institutional investors (the “Agreements”), pursuant to which the Company agreed to issue and sell to the investors 20,851,667 shares (the “Shares”) of Common Stock, par value $0.0001 per share of the Company at a price of $0.24 per share for gross proceeds to the Company of $5,004,400.08.

[Real McCoy]

I’m just confounded by this market cap. Who would pay 11 million dollars for this? There is no revenue, at all. There is literally no product.

[glenn1919]

VERB.............................https://stockcharts.com/h-sc/ui?s=VERB&p=W&b=5&g=0&id=p86431144783

[dukeb]

An idiot wrote that. Typical Market.live laziness and sloppiness. How about this:

Event Details:

Date/Time: Friday, July 19, 2024
Location: YouTube Theater, Inglewood, Calif.
Hosts: David Meltzer and Dane Cook
Special Guests: Baron Davis, Marshall Faulk, and more
Hosted by: Rob Riggle
Watch and Shop: Exclusively on MARKET.live (RSVP to get alerts)

Time? What time?

If you go to Market.live and click on "Upcoming Live Events" it reveals that the event is scheduled for 10:45pm (adjusted for my time zone).

If you go to https://www.youtubetheater.com/ the time shows as 7:30pm (Pacific time). The venue says is has a capacity of 6,000 people.

If you click on the BUY TICKETS link it brings you to Ticketmaster web site where the cheapest seats (including fees) are $ 101.45 up to $ 935.25 plus $25 to park.

You can also buy a box for $ 3750 (includes 3 parking passes)

Market announces on Wednesday that there's going to be a super duper audience driven event two days later. Who is going to see that announcement? Anyone signed up to receive VERB news (almost no one) or anyone who visits the Market.live web site (almost no one). People who go to the YouTube Theater web site? LOL.

And who is going to pay $ 100+ to watch this event? No one.

I will tune in if they promise to flip the cameras around to show 5,975 empty seats.

Who wrote this?

[jobynimble]

“The Collab is more than just a show, it's a unique experience that invites you to laugh, think, and perhaps even change your perspective on success and happiness. Tune in to "The Collab" and be part of a journey that promises to entertain, enlighten, and inspire, making you laugh one minute and reflect the next. Whether you're in for the jokes or the gems of wisdom, Dane Cook and David Meltzer are here to ensure your time is well spent in the most enjoyable way possible.”

Who wrote this?

[jobynimble]

“About The Collab: In this innovative series, laughter and learning collide as two of the most creative minds in entertainment and entrepreneurship come together. Join Dane and David as they navigate through engaging discussions and heartfelt conversations with special guests from various industries, offering viewers an entertaining yet profound exploration of life's biggest questions and challenges.”

I don’t know if I should lol or just feel sorry for shareholders who got bamboozled…

Um, it’s both…

[jobynimble]

https://www.globenewswire.com/en/news-release/2024/07/17/2914541/0/en/VERB-s-MARKET-live-Selected-to-Deliver-Exclusive-Shoppable-Livestream-Simulcast-of-the-Dane-Cook-David-Meltzer-Event-The-Collab-Live-From-Youtube-Theatre.html

[Real McCoy]

I don’t know. This is a crazy high valuation right now.

[Invest-in-America]

VERB: Indeed!!! (If its FLOAT gets any bigger, that alone will SINK-IT to the sewers!!)

[Awl416]

Why isn’t this trading in the sewers….

[Awl416]

VERB’s MARKET.live Selected to Deliver Exclusive Shoppable Livestream Simulcast of the Dane Cook & David Meltzer Event “The Collab” Live From Youtube Theatre

[Real McCoy]

No way it can be 1:20. They have to be prepared that this can be shorted down to a 1-2M market cap, where it sat for a while not long ago.

I think it has to be 1:60 or more to be safe they won’t be right back here.

[bluesky70]

if verb isn't bankrupt soon, what will the r/s be? 20-1 or higher? if that happens, i'll have less than a buck in my account. so proud of rory.

[Homebrew]

LOLOL...What a "surprise"....wink wink.

Rumors of Verb bankruptcy? I’m shocked, I tell ya, shocked…

[The_Dohminator]

JR30 will never apologize. He's part of the scam

[jobynimble]

Rumors of Verb bankruptcy? I’m shocked, I tell ya, shocked…

Btw, any apologies forthcoming for attacking the skeptics who were right from the get-go?

[dukeb]

As of March 31, the company reported having over $ 14 million in cash and $ 6.4 million in liabilities. There are multiple forms of bankruptcy but typically they are used by companies when liabilities substantially exceed assets.

That's not the case with VERB.

Rory should shut down the company and liquidate, providing shareholders with a few pennies per share as a final distribution.

[mister]

I am hearing from unconfirmed sources that Rory is leaving the company as verb will be shutting down and declaring bankruptcy again can't confirm this but this source has been fairly accurate before. I am saddened by all the shareholders including myself who were led by a trail of lies and deceit committed by Rory. I hope he finds a place in a prison cell and rots in hell.

[Real McCoy]

Holy cow

[dukeb]

Well, the farce has ended. The lonely Ali events that, until today, appeared on the Market.live upcoming streaming schedule have been removed.

There are officially *0* livestreams on the schedule.

Here's a link to a PR about ShopFest, the 2022 event that signified the launch of Market.live.
https://ir.verb.tech/news-events/press-releases/detail/168/verb-announces-shopfest---a-3-day-interactive-livestream

Poor thing didn't even make it to the "Terrible Twos."

The only business that remains is TikTok something something. It's not even clear what Verb's relationship is with TikTok or how the company intends to generate revenue. Right now one of Verb's Gen Z employees is putting on her makeup while livestreaming from her bedroom. Such compelling content.

[bluesky70]

111 days to go. which comes first...decertification or bankruptcy?

[dukeb]

I wasn't able to check in on the Ali stream at 3pm, but I can tell you that Doll10 was a no-show at 4pm.

[Real McCoy]

Totally agree with you on all.

[dukeb]

Now appearing on Market.live TikTok channel.

They obviously turned off the feature that shows how many people are watching. And look at the bots along the right margin. I've seen the bots say BUY THIS NOW! from dozens of phony accounts. More sadness.

[dukeb]

I've resisted the scam label for a long time, but developments over the last few years are causing me to re-evaluate.

I think that Rory was putting in a decent effort to pursue the CRM with video path. In retrospect that was ill conceived and poorly executed and you can't justify Rory's penchant for hyperbole bordering on outright lying and his profligate spending on a stylish office space that never should have existed.

He overpaid for acquisitions and proceeded to destroy the products he purchased in order to feed his own ego. Then he sloughed off that business for a small fraction of what was invested in them.

But onward we go to Market.live - the future of on-line shopping. Despite Rory's promises and prognostications, the platform never got off the ground. Your position is that the tech is amateur at best and I'm not in a position to comment. What is clear is that there was never a serious marketing effort to make people aware that Market.live existed. Early streamers saw 20 people or so watching with almost no one opening up their wallets to make a purchase. Many of the products were available cheaper directly from the vendor's own web site or on platform such as Amazon. What value add was there for Market? NONE.

When it became clear that streaming on Market.live was a waste of time, almost everyone abandoned the platform which translates into even few people watching. Rory's next move was to bring in a parade of clowns including the two idiots with their DJ, Crackhead Mike Lindell and has been Frankie Avalon pushing his magic potions.

Market quickly became a cesspool of sadness.

Now cometh the pivot to TikTok. But it's not even clear what the business model is. They say they are charging fees to advise influencers on how to use TikTok to generate product interest and sales commissions. But what makes the slacker Verb employees qualified to advise others on how to be successful?

If you've watched any of the TikTok streams put on by Market they are a sh*tshow. Two (or three if you include Drew Dorsey who lost any remaining ounce of self respect she once had) twenty-somethings pushing dollar store crap and begging people to buy the last $1 plastic purse "so we can go home early."

They are also supposedly renting out studio space but I don't think they've brought in a nickel doing that.

More failure and more sadness.

Meanwhile, Rory has decamped to Las Vegas. Still presumably collecting his six figure salary.

VERB. NASDAQ listed. The shame of it all.

Final edit: One of the few remaining streamers on Market.live has been Margot from Elizabeth Grant Skin Care. Margot's farewell stream was scheduled for 2pm eastern time today. It is now 2:10pm and apparently Margot is a no-show. Will Ali show up for her 3pm and will Doll10 show up for their 4pm? LOL.

It's a scam. Has been for years.

[The_Dohminator]

Nothing is happening. It's a scam. Has been for years. Rory Cutaia will be on American Greed.

[dukeb]

Seriously...what is happening with Verb/Market and its supposed efforts to become a tour de force on TikTok?

Market.live appears abandoned. There are 3 livestreams today (perhaps the presenters will show up, perhaps not). The schedule then shows Ali doing a show next Wednesday and a show the Wednesday after that. Nothing else on the schedule. Put a fork in it.

So the latest Rory pivot is to TikTok. Go to Market's page on TikTok and you'l lsee a link to: https://shop.market.live/

Scroll down and look at the "UP COMING (sic) LIVESTREAMS & EVENTS"

My calendar says that today is July 3. According to Market, UP COMING (sic) runs from June 17 through June 21. Are they that incompetent and lazy? Apparently so.

[yerboss]

Put this thing back on the OTC and we will get it back up (we did get it to over $18!).

[dukeb]

Could be, but Rory is the kind of guy who could sell snow to (stupid) Eskimos. He can be very convincing.

Guys like Rory thing they are smarter than everyone else. "Build it and they will come."

What Rory lacks, IMO, is the understanding of the need to market these platforms. Could a really good CMO and a big promotions budget be enough to gain traction in both the CRM and on-line selling arenas? Who knows.

In the end, he is a failed businessman no matter how many times he pivots...spending millions of investor money every step of the way...including putting millions into his own pocket.

The BOD should have fired him long ago.

[poster44ny]

Go to the OTC Finanicals and note the many (4 years) of: Sales, General and Admin $90m vs the Gross Profits Ratio $11m and it is obvious there was never any intent to succeed, thus no "failure" rory was just pissing on the SS into massive dilution... a share selling scheme.

https://www.otcmarkets.com/stock/VERB/financials

[dukeb]

Be sure to check out the livestream schedule on Market.live

They only stream on Wednesdays and there are just 3 sellers who bother to do so. Three streams this week. Three streams next week and then only one on the schedule for each of the following two weeks.

Rory promised "scores" of livestreams going on simultaneously. That would suggest at least 40...hundreds a day and thousands each month.

As it stands the "run rate" is about 10 per month.

What does Rory have to say about this colossal failure?

[Real McCoy]

The idiotic statement is believing failed investments are due to posters on a message board. This was called in advance .

Why is it that every OTC type stock careening toward all time lows has posters that reference “paid bashers”, which course there are negative posters on a stock that is failing as failing is negative, and no one has ever been able to confirm any organization that pays said bashers?

[The_Dohminator]

I'm still here baby

And never leaving

The righteous will prevail

[JR30]

If stock bashing was his day job (as everyone knows that’s only made up by people who lost out and don’t want to blame it on themselves) he would have just earned a gold star with that hard roast.

What an idiotic statement. I guess that's why you're stuck on a board with no financial interest in the company.