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When did Everett say that
Perfect. They will look real good soon
I bought more but bid .0225 to make sure I got filled.
I expected a bigger drop today. Seems like the nervous nellies really didn’t hold many shares.
I assume the next PR will
Sellers are really playing with fire here. It’s amusing. 1st PR that mentions pay off/settlement of the FirsTrust debt this rockets.
Looks to me like the bottom is in. Was hoping it would go a touch lower before big move to the upside.
There is a real good chance we are down today. It’s not warranted but this isn’t the 8k some were looking for. Ms. Wang told us she wanted to repay debt with accounts receivable that has been delayed. Many over looked that and just assumed that the recent dilution would cover all of the notes.
Things have got better for those of us who can see where this should be trading at and who aren’t in a hurry. People who wanted a quick flip will probably get shook out for a loss
Where did you read the $2.5m was paid?
I’m assuming the next 8k will deal with the FirsTrust note. One 8k at a time we will get to the top.
That’s a silly question. A company with so much deferred revenue. And 180 days to repay. Why not take them out.
I feel like we have converted close to $2m worth of shares so far. I assume the bulk of that is being used to pay the FirsTrust note and the fees for being delinquent? What are other opinions? It was good to see them get rid of the cancer EMA.
Anyone care to share new IR email?
I very much agree with that statement! Whoever can’t see why this will take off doesn’t deserve to be part of it.
Looking to get in at .0045ish. I don’t trust ASCM. If it doesn’t come hopefully everyone here makes a bundle.
I assume they are diluting to pay off their convertible debt is why. They are looking to raise $40m through institutional investors. That would require 0 convertible debt imo.
Never mind. Got it figured out
This one looks like a no brainer. I can’t believe I’m getting in at these levels. Has anyone read the prospectus out a few months ago? Mentioned raising $45m, has that happened yet?
It’s been a bust for everyone that didn’t sell before uplist sadly.
Yes the bare minimum this should be trading at is .30-.40 and that’s not taking into consideration the Q over Q growth that will still be happening into 2021 and beyond.
.03 break coming. Hardly any resistance. Will be thin to .05+ imo.
Yesterday’s buys looking like great timing for everyone.
Yup someone isn’t finished buying. They aren’t going to be very happy when that gets bought up in one transaction I bet
If they are helping the world combat this horrible virus that is amazing. Usually a public company have people designated to different positions so the person getting the paperwork seen to isn’t the same person deploying units or setting up deals.
My point being I want them to get current and get their ducks in a row sooner then later. I won’t be selling any anytime soon but it’s healthy to do business in a timely fashion.
I agree. These late financials dragging on seem unnecessary at best. They have a fantastic product but they need to be firing on all cylinders to be a successful public company.
I’m here Locked and loaded but multiple dollars??? How could anyone seriously say our market cap will be $1b+ soon.
Just imagine how thin it is going to be on the way up.
Yep all of them.
Haha too funny. These buys will look awesome soon I agree!
Added some .024s today. Might not be the bottom but it’s a bargain.
I’m unsure if otcx is a diluter
Dilution may be over.
Agree and I said in another post this morning that revenue is a must. It’s a giant must. Cash flow positive doesn’t matter in the least but they have to be able to show those users have value.
Nope but I believe you when you say there is one. Verb is trading at these levels because it was taken advantage of by AGP, wrecking short term investor confidence in the process.
I’m thinking you missed the point I was making. Why would anyone here right now bc concerned with multiples? The user growth is there now only thing left is to get them paying. Exponential value increases can happen from there. Really makes no difference if we are trading at $1.2 or $5 right now.
$1.5m in revs to $6.5b buyout in 9 years is nothing short of incredible. Shows the potential from seemingly lost cause to wow.
In 2009 mulesoft had revenue of $1.5m. In 2018 it sold for $6.5b to salesforce. So my point is in this business revenue is king. Losses mean squat the user # and revs generated make these crm and saas companies highly valued.
Yup I would assume so. If Verb could start showing revenues like we all assumed they would be huge by now the losses wouldn’t matter.
Question is, are they paying users? So far that answer has been no. Easy to get people signed on for free. If they could deliver on revenues then shareholders could finally have something to be excited about.
No where in the shareholder letter does it say expect news. No fluff PRs going to be happening here and most likely we won’t even get a PR saying when dilution is over. The financials really say all that needs to be said for now.
Why are some people expecting news today?