VERB is back to the "No work on Fridays or weekends" schedule, apparently. The list of TikTok streams (a very strenuous 60 minute per day show) indicates the next event isn't until Monday. Nothing today (Friday) or over the weekend.

https://shop.market.live/ .
Scroll all the way to the bottom of the page, because that's where your most important and newsworthy information should appear

No one there is even trying. And given the climate in which they operate, I don't blame them.

Sadly this is true. The Board's negligence extends well beyond their relationship with VERB. Not long ago I detailed the other companies that the 3 board clowns are associated with. Everyone of those other companies are in the toilet. Example: Verb Board Member Moy is also on the BOD of MetaWorks Platform. You can pick up a share MetaWorks for around 1 1/2 cents. That same share in 2023 would have cost you more than $ 3.

BTW, Verb Lead Director James Geiskopf's Bio on the VERB site states:

Since 2014, Mr. Geiskopf has served the Board of Directors of MetaWorks Platforms, Inc., a publicly traded company quoted on the OTC Markets Group Inc.’s OTCQB tier, where he is lead director.

Geiskopf isn't on the MetaWorks Platforms BOD any longer. Maybe Rory hasn't found out yet.

VERB director Kenneth Cragun is an interesting cat. He is currently CFO of Ault Alliance. If I am not mistaken, that's the company that has been funding another NASDAQ disaster: Mullen Automotive. TenKay can fill in a lot of blanks about Ault. Ault recently rebranded itself as Hyperscale Data . Take a look at their stock chart (GPUS). In 2021 a share of GPUS would have cost you $35,000. Today you can buy a share for TWENTY CENTS. GPUS did two reverse splits in 2019, one in 2023 and another in 2024. Cumulatively, someone who owned 60 million shares in early 2019 would now have a single share.

It all makes sense now.

The BOD that was hand picked by Rory is largely responsible for this situation. At the recent annual meeting the BOD was re-elected so shame on those who voted for them.

Rory's "vision" has failed time after time after time. And yet the BOD doesn't fire him. They just allow him to pivot to an entirely new business model and try again; all the while collecting his 6 figure salary.

Rory should be put in front of the "Titans" that appear on the GoFundYourself show and be forced to explain the VERB business model.

Even suck-up David Meltzer would probably tell Rory that he's an idiot. I wouldn't trust Rory to operate anything.

Yes, that will be interesting indeed. Someone over on StockTwits occasionally posts about how the company has cash per share that is several multiples of the current stock price. The "cash per share" cited was as of the last Q. You can be sure that hoard has dropped steadily since then.

There is one thing that Rory knows how to do: spend shareholder money. Money to himself. Money to the board. Money for first class travel to Asia. Money for pink furniture and stupid outfits.

If you had a business that was burning $ 30,000 a day and had no prospects to ever become profitable, what would you pay for that business if it was up for sale? I'd argue the value is ZERO.

Verb received millions of dollars when it sold the CRM business (at a huge loss, of course because that's the Verb way). The cash received was supposedly going to be used to acquire a revenue generating business. Instead the cash went into Rory's pocket since he used a good chunk of it to pay back loans he made to the company. BTW, there was the prospect for VERB to receive additional money for the CRM sale if the new owners were able to successfully bring in new customers. You don't hear boo about that money. Prolly because the new owners realize they bought a pig in a poke.

Verb paid millions of dollars to develop a shopping platform that has been abandoned. The goal of Rory's recent trip to China was probably an effort to get TikTok to license the platform or perhaps buy it outright. The TikTok people (from the receptionist to the COO) likely laughed him out of the building.

In total, the Company has squandered $ 200 million of investor capital. And what is there to show for it?

Some cameras, lights and some gaudy pink furniture.

I can't tell you what Rory is doing, but I can tell you what he's not doing. He's not hiring competent people to run Market.live. For $ 1 million a year you can't expect him to be actively involved. He's too busy doing TV shows and shopping for stupid looking outfits.

I will grant you that no one looks at the market.live web site at this point so maintaining it is a waste of time. But still, if you are going to post information it ought to be current and it should be readable. Below is an image of what is on the Market.live site right now:

a) Today is October 10. The "Up Coming" (sic...upcoming is one word you dummies) events stop at October 9.

b) A good amount of the text layered on top of the images is unreadable. Who looks at that work product and says "Yup...looks good" ???? Answer: Idiots.

You sir, should be a poet laureate somewhere.

Sorry to hear of your overall loss. At one time Rory's PT Barnum act was successful and you were one of his victims.

By now everyone knows that Rory doesn't care about people who owns shares already. He cares about people he can sell shares to tomorrow. A true huckster.

As for your play turning 16 cents into $ 26.

Bravo!

I do believe it's an all time low. And why shouldn't it be? The company seemingly has no path to profitability. Just endless daily SG&A of $ 30,000+ and gross margin of perhaps 1% of that.

The cash burn will continue until it runs out.

Redspeed, JR's partner in crime over on iHang, is suggesting that VERB participate in manipulation of the stock price by timing the release of news.

I remember right after the 2016 election, I'd be driving somewhere and the news would come on the radio and they would refer to "President Elect Trump."

I giggled and was horrified at the same time. Then I thought "well, he will rise to the occasion and surround himself with competent people."

And to some extent he did surround himself with some competent people. And those people left quickly once they realized what they had gotten themselves into.

We have all of our customers on Microsoft's email platform.

Prior to multi-factor-authentication once in a while a customer's employee would fall for a phishing email. They click on a link that looks like the Microsoft login page. They type in their password and...that info is in the hands of criminals.

Then the criminals will monitor the employee's email and figure out how to monetize access to the account. If it's someone with accounts receivable responsibilities they will send emails to company customers directing them to make the payments to a "new bank account." That account belongs to the criminals, of course...probably with some money mule who actually accepts the money and then passes most of it to the miscreants.

We had one customer that refused to allow us to enabled MFA for their email. We canceled our contract with that customer. One of their employees is a friend. She told me that a month or two after we stopped supporting the company the scenario above happened. A customer got an email directing them to wire money to pay an open invoice. Of course the company never got the money.

$ 197,000. In the wind somewhere.

A couple of weeks ago I mentioned a Podcast called 'What it's like to be."

IMO some of the more compelling episodes:

* Stadium beer vendor
* FBI Special Agent
* Forensic Accountant
* Turnaround Consultant
* PR Crisis Manager

As you noted, they run around 20 minutes so even the ones that I don't particularly care for aren't a slog.

Ding meaning...slap on the wrist? VERB's legal counsel was on the annual meeting broadcast. That they did not express any reservations about ending the meeting without giving shareholders an opportunity to ask questions would suggest that there is little concern about violating rule 5620(a).

For several years now VERB has violated the rule that mandates that shareholders be given an opportunity to ask questions of management and the BOD at the annual meeting. There was no such opportunity at last week's VERB annual meeting. Same in 2023 and possibly in years prior to that.

NASDAQ doesn't enforce their own rules. Bernie's ghost continues to haunt.

Ahhhh. So that explains why they wouldn't want to pay shareholders cash and wipe them out.

The constant trading of single shares has been going on every day. Less than an hour into today's trading and there are 10,000+ trades - most of them for a single share.

The health teacher did it for the LOLs. He was a bit...different.

I'll tell you this much, that health teacher was head and shoulders above my 10th grade American History teacher, who was a fall down drunk.

Walking into the room he usually had his head on his desk sleeping. He'd get up to turn on a movie projector or start some other activity that didn't require him to participate. Then he'd go back to sleep. Every. Damn. Day.

It was a well known fact that he (and his drinking buddy who taught English) were not teaching, but apparently the union protected him. I tried to get transferred out of his class but my so-called "guidance counselor" who feigned ignorance of the situation, said there wasn't room in any other American History classes for me to move.

I looked that teacher up not long ago. He died in his mid-40s.

As a 10th grader, we all had to take "health class." The teacher was a bit of an oddball.

One day he announced that he had been given the results of IQ tests that each student had taken in elementary school. "You probably don't remember taking the test, but the scores are in your permanent record. Anyone who wants to know their IQ raise your hand and I will tell you."

A few kids raised their hands immediately and the teacher announced their IQ score for all to hear. "104 you scored Susie. Billy you're a 102. 110 for Mary."

Then more hands went up including some kids who thought they were super smart: "Tom...97." Ouch. "Katie...98." Talk about being deflated.

Then one of the seemingly dumbest kids in the class wanted to know his score: "Bob, you scored 127."

After there were no more hands (I did not raise mine) the teacher announced that there were no IQ scores and he was just picking numbers randomly to see what the reactions would be.

Yeah, gaming this would seem to be tough if not impossible. I was trying to rationalize the countless single share trades that took place over the last week or so and playing the "we will round up" makes as much sense as any theory.

The announcement also states:

Any fractional shares created as a result of the reverse stock split will be rounded up to the nearest whole share for each stockholder.

Still, turning 5 cents into 10 dollars is like spinning gold for penny stock players.

Things that make you go "hmmmm"

From the formal reverse split announcement:

No fractional shares will be issued in connection with the reverse stock split. Any fractional shares created as a result of the reverse stock split will be rounded up to the nearest whole share for each stockholder.

Could this explain the hundreds of thousands of individual trades of a single share?

Say someone buys a VERB share for the current share price of nickel. The RS would reduce that single share to 1/200th of a share. But the company stated that fractional shares would be rounded up. So now this holder gets a full/single share worth (200*.05) = $ 10.00. That's a damn good return turning 5 cents into ten dollars.

Is there a way to hold a bunch of "single share lots" in brokerage accounts such that each pre-RS 5 cent share magically becomes a post-RS $ 10 share? Is that what has been going on here?

TFG was a disciple of Roy Cohn. That's it in a nutshell.

Rory lies awake each night thinking of those he financially ruined because they chose to believe his endless lies.

/s

Some of us remember susa (who should have known better) and others who trusted Rory's promise of blue skies just around the corner despite all the evidence that the company was an endless Dumpster fire.

I think most legitimate news outlets have long standing policies not to pay for interviews at any time.

Now what am I going to do with the 15 cases of toilet paper that I bought?

/s

There was a much bigger pop about 10 days ago based on chit chat on StockTwits and perhaps other social media.

The fundamentals of the company have not changed. It's still a lemonade stand losing millions every quarter with no prospects for improvement.

The Market.live home page continues to list upcoming events that actually took place in August. And who picked the color pallette for the TikTok upcoming shows? White on light pink and white on light blue is not a good choice if you expect people to be able to read the text. It looks like teenagers are running the business while Rory sits back and collects his huge checks,

Actually, I was extending your point. Yes, it's true that Spooz's "contracts" (like those we used to see from our buddy EV) are likely entirely fantasy and/or have clauses in them that allow either party to say "yeah, we have a deal unless we don't."

Continuing...even if Park was able to get a legitimate company to buy his chicken feet or whatever and even if those contracts could not be "escaped," someone dealing with Park would have little recourse other than to get angry if the Park/Spooz fails to live up to their end of the deal. Suing Park either personally or through any of his corporate or LLCs would be pointless. His has uncollected judgements against him already, right?

The exception is if the contracts provide for a performance bond to protect the buyer against non-delivery by the seller. But getting a bond for Spooz, JP3E or whatever name Park wants to use would be virtually impossible given the companies' lack of assets and lack of experience in the commodities industry.

https://www.investopedia.com/terms/p/performancebond.asp#:~:text=Performance%20bonds%20are%20also%20used%20in%20commodity%20contracts%2C%20where%20a,receive%20compensation%20for%20lost%20costs.

Civil litigation is an expensive proposition and even and "open and shut case" can have an uncertain outcome. Furthermore, going after an individual or company who has failed to perform their end of a contract is foolish if said individual or company has no net assets.

Rory was sitting on $ 17 million in cash as of June 30. As of the latest Q, the company's cash burn was $ 5 million a quarter.

If that cash burn continues at the same rate, the company can survive through next spring...paying RC almost $ 1 million a year.

Rory has no incentive to shut the company down while he has the ability to move money from the Verb bank account into his personal bank account.

It's been evident for years that Rory doesn't care about shareholders.

Remember when the CRM business was sold for several million dollars in cash and Rory said the company intended to use the proceeds to buy a revenue generating business (one of which had been identified and perhaps even named) but instead Rory used the money to pay back loans that he had made to the company?

Personally, I prefer Hank Kimble.

That doesn't make any sense, really. I mean...phone calls, texting, apps all exist if they want to send messages to one another.

The single share trades continue into the evening. So far there are over 50,000 of them.

I don't usually look at intra-day trading but couldn't help but notice that every second there are at least 2 or 3 single share trades of VERB. There are more than 30,000 single share trades at this point in the day.

Who would do that and what is their goal?

The audacity of RC asking GFY people about their business model when there's no way that Rory could tell you what VERB's path to profitability is.

And don't confuse VERB's current business Not with the business model of a year ago. Or the business model of two years ago. Those business models are...no longer the focus.

And WTF is Rory is wearing on the GFY show? Did he lose a bet?

No product? How dare you spread such disinformation.

GoFundYourself, the latest brainchild of Rory and David Melzer is a breakaway hit! The first episode of GFY was posted to YouTube 10 days ago. Have you looked to see how many people watched it? The answer is (as of now) a whopping 353 views. And 59 people subscribed to the channel.

Put that in your pipe and smoke it.

You may ask what GFY has to do with VERB and that's a very good question because no one knows what it has to do with VERB because Rory has been silent on that subject. We know that GFY videos are available on the market.live web site and yes, it may be true that the GFY videos are the only new content posted on the site since July because market.live stopped livestreaming there with nary a word from CEO Rory Cutaia. Rory only likes to look at the positives. He doesn't ever talk about his failures except in the context of blaming others ("locked up capital markets", "people on message boards saying mean things", "short sellers looking to destroy the company")

Let me add that the twenty-somethings that appear on Market's TikTok channel are doing a spectacular job hawking $ 3 rings and $ 2 pieces of pink ribbon (all true, BTW) as they pronounce each item as "sooooo cuuuuuute." Look for revenue for the latest quarter to exceed $ 50,000 with gross margin of at least $ 10,000.

True the company's G&A is running $ 2 million a quarter and the loss for the latest quarter will be more than $ 1.5 million but if you were changing business models every 6 months you would be considered a "tech start up" that need some time to gain its footing. We saw how profitable the previous pivots became...when given sufficient time to gain an audience:

Bbooth
CRM
Market.Live

There are probably others but it's early on a Monday.

But to say that the company has no product is simply blasphemous.

/s

One of the sales reps I work with has the last name "Bacon."

She told me earlier this year that she was pregnant with her first child. I begged her to name the child "Chris P" but she refused.

Her brother suggested the same name, BTW.

On a lighter note:

Today's New York times featured a mother's efforts to get her 6 year old son to overcome his distaste for eggs. The results were...a mixed bag.

https://www.nytimes.com/interactive/2024/09/26/magazine/paris-eggs.html?unlocked_article_code=1.Ok4.i_GL.E4PVeGatKQM4&smid=url-share

And nearly 500 comments about the article. People have strong feeling about eggs.

Sadly, this is not remotely surprising.

New York Judge Resigns amid Investigation into Alleged Jan. 6 Role

Not so fun fact: you can be a judge in New York State and not be an attorney or have any legal training. Only this year did the State Legislature pass a law that requires that "justice court judges" be a licensed attorney. And that only applies to the top 100 courts based on case volume.

ALBANY – Today, May 16, 2024, New York State Senator Sean Ryan announced that the Senate has passed his legislation (S.139C) to require justices in New York’s 100 justice courts with the highest arraignment volume to be licensed attorneys for five years before becoming eligible to serve on the court.

Source: https://www.nysenate.gov/newsroom/press-releases/2024/sean-m-ryan/senator-sean-ryan-announces-passage-bill-reform-town-and#:~:text=Senator%20Sean%20Ryan%20said%2C%20%E2%80%9CIt's,t%20required%20to%20be%20attorneys.

Some judges in New York have been found to be wildly irresponsible while hearing cases.

Besides which, JD f'n knows that Biden and Harris don't have a dial that they can twist to the right to make the price of eggs go up and twist to the left to make the price of eggs go down. And if they DID have such a dial what would be their motivation to make the price of eggs go up?

It's the FREE MARKET (except for the times when the large US egg producers were colluding to raise prices) and the MARKET for eggs is in disarray once again because of new outbreaks of avian flu.

Source: https://xtalks.com/egg-price-fixing-2023-us-jury-orders-payment-of-17-7-million-by-egg-producers-3625/
Source: https://www.npr.org/2024/09/27/nx-s1-5126581/egg-prices-bird-flu

JD is such a cynical, power hungry d*ck. TFG could not have picked a better running mate.

NASDAQ says that shareholders have a right to ask questions during the annual meeting. Where does it say that the company can decide to not answer questions at the annual meeting and arbitrarily pick some date in the future to take questions?

NASDAQ should take notice of VERB's violation of the Exchange's rules.