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How much revenue does VRME do yearly? Does anyone know this? I can't seem to find it.
It's good for the Company and insiders have been buying. I would like to see some large contracts before committing here😇
i'm clued out. is that a good thing for the stock?
VerifyMe Enters into a Warrant Inducement Transaction for $4.7 Million in Proceeds
LAKE MARY, Fla., Jan. 14, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, authentication, anti-counterfeiting, and brand enhancement services, today announced its entry into a warrant inducement agreement with an existing institutional investor for the immediate exercise of an outstanding warrant held by the existing investor to purchase an aggregate of 1,461,896 shares of the Company's common stock. The warrants were issued by VerifyMe on April 14, 2022 and have an exercise price of $3.215 per share. The gross proceeds to VerifyMe from the exercise of the warrants are expected to be approximately $4.7 million, prior to deducting financial advisor fees and other offering expenses. The closing of the warrant inducement transaction is expected to occur on or about January 15, 2025, subject to satisfaction of customary closing conditions.
Maxim Group LLC is acting as the exclusive financial advisor for the transaction.
In consideration for the immediate exercise of the existing warrants for cash, the Company will issue a new unregistered warrant to purchase up to 1,461,896 shares of common stock. The new warrant will have an exercise price of $4.00 per share, will be exercisable immediately upon issuance, and will expire on the five and one-half year anniversary from the date of issuance. VerifyMe has agreed to file a registration statement with the Securities and Exchange Commission ("SEC") covering the resale of the shares of common stock issuable upon exercise of the new warrant.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
vrme...........................https://stockcharts.com/h-sc/ui?s=Vrme&p=W&b=5&g=0&id=p86431144783
VRME..................................https://stockcharts.com/h-sc/ui?s=VRME&p=W&b=5&g=0&id=p86431144783
VRME........................................https://stockcharts.com/h-sc/ui?s=VRME&p=W&b=5&g=0&id=p86431144783
vrme.................https://stockcharts.com/h-sc/ui?s=Vrme&p=W&b=5&g=0&id=p86431144783
Tad more insider buy yesterday https://www.otcmarkets.com/filing/html?id=18077233&guid=oU0-kKFgA0ruQOh
$VRME 1.55+
— THE FINAL COUNTDOWN (@THIS_TIME_X) December 31, 2024
Verified again $1.85 + 124%
Bits of insider buying this month. Maybe he got something cooking in the oven.😷 https://www.otcmarkets.com/stock/VRME/disclosure
Have you verified lately .78 +'22%
this one claims it can solve counterfeiting. Huge if true.
Looking like it wants to become a real company.
$VRME current cash of $5.9M.
CEO, Directors Private Placement, 956,522 $1.15 $1,100,00
https://dilutiontracker.com/app/search/VRME
What are they intending to use to buy the stock back? Food stamps? News is BS!
VerifyMe Reports Significant Revenue Growth in Second Quarter 2022 Results
August 15 2022 - 08:00AM
PR Newswire (US)
https://ih.advfn.com/stock-market/NASDAQ/verifyme-VRME/stock-news/88836392/verifyme-reports-significant-revenue-growth-in-sec
VerifyMe Reports Significant Revenue Growth in Second Quarter 2022 Results
August 15 2022 - 08:00AM
PR Newswire (US)
https://ih.advfn.com/stock-market/NASDAQ/verifyme-VRME/stock-news/88836392/verifyme-reports-significant-revenue-growth-in-sec
VerifyMe Announces SPAC Liquidation and Initiates New Share Repurchase Program
https://finance.yahoo.com/news/verifyme-announces-spac-liquidation-initiates-123000028.html
MAXIM just placed $10 price target on $3 VRME that has solved the huge counterfeit problem.
VRME can save the $25 Billion NFT providers that are now shutting down faster than they exploded because they are plagued by counterfeit NFT’s. NFT providers like Open Sea and all the others could also buy out this tiny microcap that ends their counterfeit nightmare. Tiny float VRME could be big percentage gainer.
https://richardacavalli.wixsite.com/greenplanetmicrocaps/lifeline-for-nft-s
Every product label and Big Pharma needs this to protect their brand and their customers from dangerous counterfeit drugs and fake merchandise. Anti-counterfeiting breakthrough being launched now could be substantial windfall for shareholders. Just point smartphone and click and INSTANTLY know if it is real or fake. https://richardacavalli.wixsite.com/greenplanetmicrocaps
Seeking Alpha article on VRME https://seekingalpha.com/article/4473708-verifyme-set-for-triple-digit-growth
This board is dead. Anywhere to go. I post infrequently on stocktwits
Good or Bad ?
https://www.benzinga.com/pressreleases/20/11/g18404680/verifyme-announces-up-to-1-5-million-share-buyback
anyone here? man...
anyone here?
I'm holding a bag full of red wondering if it'll ever turn green.
When this breaks the $4.60 level for good, it is off to the races. 5 million shares, $23 million market cap? On a speculative level alone, this should get a 9 digit market cap. It has the potential to be a billion dollar company if the technology is adopted by sellers seeking to combat counterfeit products that damage their brands and their business.
Yeah this thing is really blowing through any sellers out there..!!
So much to like about this one. Recent Nasdaq listing, timely technology, tired market starved for new opportunities. Should get interesting very quickly.
Yes true float maybe 1/2 the 1.9m reported - closer to 1 million shares - saw a report breaking this down, will try to link. Momo traders trying to find small float stocks haven't discovered this one yet. When they do it could go $10 plus pretty quick
Float of 1.9m, no debt $10m in cash, patented technology that has started being used by Amazon 3rd party merchants over the last two months and has applications needed by big pharma, industrial, retailing, etc. Margins in Q1 over 80%, just need a deal or two and will be profitable.
Yeah I agree, there’s a lot of traders that are looking for a stock to blow up... if you go back a little bit on their chart it’s been seven dollars numerous times...
Exactly the float is so low that it could shoot up quickly. The patented technology looks legit, given our ongoing animus with China over trade, and their penchant for counterfeiting, this could be one of those right places right time scenarios.
There has been a lot of stocks that explode from nowhere and this is very low float so who knows what it can do?
Looks like positioning for a run is starting earlier than I thought. Nice.
Moving good after hours today!
Moved to the Nasdaq recently. Extremely low float. Patent granted for dual authentication, verification, track and trace to eliminate counterfeiting.
So when a stock with profound scarcity of trading shares becomes known, what happens?
Do you know what the share structure was before they reverse it?
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