Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Found some info I thought some might like to see.
RealBiz Media Improves Reporting Infrastructure, Names Interim Chief Financial Officer
2018-10-12T12:00:40Z
Email
RealBiz Media Improves Reporting Infrastructure, Names Interim Chief Financial Officer Gaithersburg, MD, Oct. 12, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- RealBiz Media Group, Inc. (RBIZ), currently operating as Verus Foods (the “Company”), today announced that it has named veteran financial professional Chris Cutchens as Interim Chief Financial Officer (CFO). Mr. Cutchens assisted with the most recent quarterly financial filing and is deeply familiar with the Company’s operations through that experience. Chris brings more than 20 years of experience in public and private corporate finance. Most recently, Chris served as COO/CFO of MidAmerica Administrative & Retirement Solutions, a private-equity owned, national employee benefit program provider and administrator. Prior to MidAmerica, Chris served as CFO of Aspire Financial Services, a private-equity backed, national retirement plan solutions provider for all tax codes. Prior to Aspire, Chris held various leadership positions: Corporate Controller of Carrier Enterprise, a multi-billion-dollar joint venture between Watsco, Inc. and industry giant Carrier Corporation; Corporate Controller of Watsco, Inc. (NYSE), the largest publicly-traded distributor of air conditioning, heating, and refrigeration equipment and parts in the U.S.; and Director of Corporate Accounting and Financial Reporting of MarineMax, Inc. (NYSE), the largest publicly traded recreational boat retailer in the U.S., when the company achieved a record $1.2 billion in revenue. Chris was Tampa Bay Business Journal’s 2015 CFO of the Year of privately held, medium-sized companies in Tampa, Florida. He is a Certified Public Accountant in the state of Florida and holds a BS in Accounting and a MA in Accounting Information Systems from the University of South Florida. “We are very pleased to have Chris join our team to give us a more consistent presence in managing our accounting and reporting functions,” said Verus CEO Anshu Bhatnagar. “Now that we are about to enter our growth phase, it is time to bring the CFO duties back to the U.S. in order to streamline our efforts. Chris worked on our most recent Q3/2018 financial filing, which was particularly complicated as it included the final consolidated quarter reflecting the NestBuilder spin-off, so he is already embedded with Verus and understands our systems and financials. In addition to his deep experience with public company finances, early in his career Chris was a senior auditor with KMPG, where he worked with multi-billion-dollar retailer Publix Supermarkets, giving him direct experience in the retail environment where Verus operates.” Filling the CFO position is the first item on a list of pending corporate actions designed to enhance the growth prospects of Verus as it begins to operate as a fully independent entity. The Company will layer on additional resources, both at the executive and operational level, as needed, to support this growth. In order to help investors, partners and customers track the company’s product line expansion, Verus intends to post ongoing operational updates, including photos of packaging and in-store displays, on its Twitter feed @Verus_Foods. About RealBiz Media Group, Inc. RealBiz Media Group, Inc. consists of two business segments: an international food subsidiary (Verus Foods) that sells products to customers worldwide; and a real estate digital media and technology company. RealBiz Media Group, Inc. (OTCQB: RBIZ) trades on the OTCQB venture stage marketplace for early stage and developing U.S. and international companies. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.com. Safe Harbor Statement This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Contacts Investor Contact: MKR Group Inc. Todd Kehrli or Mark Forney rbiz@mkr-group.com RealBiz Media Group.jpg
Facebook Twitter Google+ LinkedIn
Advertisements
Terms of Service
Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved
Careers Made in NYC Advertise Ad Choices Contact Us Help
??
I am unable to place an order to sell my shares of RBIZ in my etrade account but the shares I bought yesterday under the VRUS ticker I was able to place an order to sell.
At one point about 9 or 10 years ago rbiz stock reached $150.00 a share. They were doing well for themselves awhile back. Who knows with them changing things up and getting better people in there that this stock can't eventually move back towards that kind of price per share again. Even if it just reaches the dollars Im sure a lot of longs would be extremely happy here.
How long do many of you longs plan to hold? Does anyone think we could be in the dollars range within the next 2 to 4 months?
Thanks I hope if more do this eventually these flippers won't have shares to flip with. GLTA :)
I'm with you also and grabbing as many as I can while there this cheap!
You would think with as many of us who are holding and buying more to hold that eventually there shouldn't be shares left for others to keep flipping with. For the flippers I will take your shares and gladly hold onto them for the bigger gains ??
Show me the money! Feeling blessed to be in on this ??
I received my spinoff shares if anyone is questioning whether they held true to their word. Things take time and people need to have more patience. The best things in life are usually always worth waiting for IMHO :)
Love It! Thanks for sharing so true :)
I totally agree with you been wondering this myself!
Set mine to 0.50
Sounds good to me :) $$$$$
Thanks so much Sheepwolf. I appreciate your response and honesty. You seem to make a lot of good calls and I wanted to ask someone I felt knows what he is doing. Enjoy your weekend and I hope you and everyone else has a Happy 4th of July :)
Do you have any idea when any new news will be coming out? I'm a newbie and I bought some shares back in 2014 and the stock dropped further. So I sat on what I had until it dropped to 0.0011 and I bought as many shares as I could get and have been holding. Between any new news coming out do you believe that this could make it to 30 to 50 cents in the near future?
Back on June 18, 2009 the share price was at its highest at 150.00 a share. Just thought some would like to know that! This company went places before and it will again IMO!
GLTA
Thanks Ladebackk :) I have had stocks with them since 2013 and once they dropped back down I purchased more and I have over 2 million shares but I am still pretty much a newbie at all this and wanted to get a good idea of what a fair price would be to sell.
What do you all believe is the best price to hold out for next week?
Holding and waiting for silver! Go Rbiz ??
Does anyone believe that this stock will make it to 50 cents or more? Just trying to get an idea of whether I should hold on for a long term investment or just go for a short term investment. Any suggestions are greatly appreciated.
Is this stock worth investing in? Is it expected to go up or will it crash?
Trying to figure out if Vend is doing so well and the business is growing. Why is Vend stock constantly going down? Trying to decide whether I should hold on or pull out? Any advice?
Thanks so much for your response. I have read about there checkered past which is not great. But I figured the company and the concept was so strong as far as getting people to eat healthier and fight obesity that I tried not to dwell on there past. I thought they had a promising company and was hoping the stock would be doing a lot better by now. I am holding but getting a little nervous. I hope there stock starts to go up come June.
Does anyone think Vend will go back up to at least 8.50 a share? I am just curious I have shares with this company and really thought they had a great concept but every time I think shares should be going up they keep going right back down. I would have thought with all the schools having to convert to healthy snacks that the stock would have been moving forward by now. I would love to hear your thoughts.