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.
Pump again or dump today? That is the question I have.
I didn’t say the company is a scam. It’s the stock. The company uses it as a cash cow and pumps and dilutes constantly.
Don’t drink the Kool Aid! This stock is a scam!
The move down is just in time for the already approved second reverse split! If memory serves me correctly they have until September 15th. I guarantee you they take advantage of that. It’s obvious!
Average down all you want. You can make it sound sexy by calling it Trioling your position or whatever but at the end of the day it’s an average down to cover your bad investment with the same initial risk you took initially.
VERB also doesn’t need massive dilution to do another Reverse Split. Just a little closer to 1.00 and the real risk of NASDAQ delisting will be happening. Rory will just suddenly overnight another RS ( it’s already been approved by the board) and you can average down even more! Good times ahead?Thats not my idea of good times, but to each their own.
Fortunately, not too much. As far as percentage loss. Yes. Too much. But I didn’t buy many shares, so I turned out okay. That 6.80 sell before the NASDAQ uplift sell was nice. I reinvested in something else and have made my losses back and then some.
I remember when people were telling me selling at 6.80 was a dumb move. The arrogance of this scam is amazing. To scam it all the way up from OTCBB to NASDAQ is pretty impressive. Also, having multiple approved Reverse Splits pre approved through September 30th 2019 is impressive too. Not with my money though!
Okay. Hopefully you are right.
Maybe but it will be no less than 1 for 5 and no more that 1 for 40. What exactly is small?
https://www.microcapdaily.com/reverse-is-good-nfusz-inc-otcmkts-fusz/122489/
New 52 week low coming again...Then eventually another Reverse Split, which has already been approved.
Is it too much to ask for another dead cat bounce or too soon?
New 52 week low coming by the end of May. Nothing can stop VERB from another already pre approved Reverse Split! They will mike it from now until September 30th when the unlimited RS’s are approved through.
https://www.streetinsider.com/dr/news.php?id=14983943
Sorry to say it wasn’t support at 2.00 on Friday. It was a dead cat bounce. The day also still ended red even with that bounce.
Yeah I understand but we can expose this for what it is so more folks don’t fall victim. Sure, there may be some spikes here and there but any long is going to be beat up here.
Nothing can stop VERB from taking advantage of yet another already pre approved Reverse Split.
https://www.streetinsider.com/dr/news.php?id=14983943
You head the nail right on the head of The Verb coffin pal. This scam is dead.
The good news is that if and when Verb goes down to less than a dollar they can just do another reverse split. It’s already been approved by the board! Notice one or more reverse splits as deemed necessary. The first one was done for the uplisting to NASDAQ and the others will be done to stay listed.
TODAYS FIRST RS CLOSING PRICE
.13 cents!
https://www.streetinsider.com/dr/news.php?id=14983943
It’s up to Rory and the other board of directors discretion. It’s already bean approved but it can be anytime. I wouldn’t expect it until about the same price as the last one before the up listing. Around .75 to 1.00. Once it goes below 1.00 for an extended time they will be delisted from NASDAQ unless a RS happens. Same thing happened to RAD this week to keep from being delisted from NYSE.
You are spot on. Right now the price is .14 pre reverse split. It only takes a dip to 1.20 to equal all time lows. That would equal .08 pre RS. Then another reverse split x15 and the price is back up to 18.00 and then do it again. The verb long theme investor blues theme song below. Enjoy!
I’m slapping that bid at .081 but I might as wee beat a dead horse.
This news would have called for a 30 to 50% gain on the OTCbb
Yeah and they are not learning from the speeding tickets.
I know I have been negative lately on here but this is great news! .10 for good after today and tomorrow imho!
I don’t believe it’s going down to 4 cents. I’m just saying that’s what I feel the current valuation is. It’s overpriced right now but that’s normal on speculative growth stocks. I also feel it’s inevitable that this thing will run up a coup,e times this year on speculation and greed and there will be opportunity to exit at a profit.
I am a shareholder as well and feel stuck. The public valuation(market Cap) currently sits at 34 million. That is more than generous even with the current sales growth. Not to mention the beverage business is extremely competitive and diluted (pun not intended) to begin with. Even if the company turns a million dollar profit at the end of the year (ain’t gonna happen) if you divide that by the 454 million shares outstanding that would equal .0022 cents a share profit. Multiply that by 40 and you get a stock worth .088 cents at best. Most stocks are valued about 12 times earnings by the way and I say 40 times because it’s a growth stock. Since there is no profit in reality yet I’d say the valuation should be about 20 million at best which would bring the actual value at about .045. Do your own due diligence and understand this is merely my honest opinion.
Lol! That’s dead on!
The only Ripper you will be seeing anytime soon is the already approved Reverse Split that can happen when they deem necessary. My guess would be at about .75 again like the last one.
How low will it go next week without national tv bell ringing exposure? Limbo! Current pre Reverse Split price .16 cents
That posts made my day! Thank you Cuin! LMAO!!!
NASDAQ will let anyone ring that opening bell...
Did they ring the bell yet?
Fair enough. Thanks for the info
I am in at .08. Congratulations on your gains but until you sell you haven’t made anything.
I tend to jump on the reality board. The dilution jump of over 100,000,000 shares since January reeks of a scam. The proceeds of diluting it from .12 to .06 is much more lucrative than .015 to .005 for instance, especially since there was no volume at that time.
Of course it’s possible. That’s the beauty of these scams...
I haven’t seen dilution like this since Ibiz back about 15 years ago. My scam alertness is going off on this one!
At this price the market cap is 36 million. Seems like a bloated valuation to me. I’ll be looking at an exit point after the nest fluff pr or quarterly..
A true NASDAQ death spiral in the making here. What a joke...
VERB is down 56% since move to NADSDAQ a week ago. Value is .172 since Reverse Split
Here is the link to what Sound Concepts really is
https://www.manta.com/c/mhh4t4n/sound-concepts