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I thought people had stopped bringing that guy up. I had never heard of him before investing in this 18 months ago and as far as I can tell, Mr. Bohn has had zero impact on this stock.
Maybe, just maybe his long delayed report would have been relevant/helpful a year ago. Now, it’s totally irrelevant.
I’m still long for the record, but Mr. Bohn’s impact is less than zero post uplisting and 1st q reporting.
(And yes, I get that you were joking, hence 2022).
Total loss of perspective. I think there’s been a serious lack of perspective on this board. Everything was wonderful when we were at $15-18/share. Most people loved Rory and his videos. Suddenly the sp drops, people get scared and turn their paper losses into real losses.
Now that we are on Nasdaq we have tools for finally getting to the bottom of who is selling. We aren’t in lawless territory where we have to rely on the Sheriff and his posse. After using these disclosed tools, Agp and others can then buyout the sellers position.
He's "very excited to report earnings on the 15th." Hopefully that actually means good news and not the same non-SC 30K. Maybe he is just excited to be able to report Sound Concepts existing revenue and claim it as Verb's own, but I'm reading more into that.
Yes, he seemed excited about how they were "killing it" with Tier 1 investors on the road show and then we got killed, but that was back in OTC land. As a real-deal NASDAQ company, do you get on TD Ameritrade Live and talk about how exciting Q1 earnings will be only to disappoint everyone and put your company in danger of being de-listed without another R/S? Hopefully not.
I do like that he mentioned embedding VERB in Salesforce, although it sounds like it's not done yet. Everything seems more real now that he's got some national attention instead of making videos targeted mainly to iHub posters.
Many thanks!
I caught the tail end of it. How did it go? Any revenue guidance.
Bell ringing and TD appearance are great publicity.
Dropping sp is not.
And Uber hasn’t turned a profit either, so there’s at least one thing we have in common. Glad we don’t have all those cabbie suicides. Just some fun videos to help sales people get their commissions.
Elon, Soros, or Buffet could find the 40-50 mil under the cushions of their couch. I don’t see further dilutive moves here. I believe they would have raised enough to put them on solid ground for at least a year. Maybe I’m wrong, but I’m hoping the bath we all took on the offering was for more than just Sound Concepts.
We’ve only been on Nasdaq a week, I think it’s a little bit early to say uplisting was a mistake. The ridiculously low offering price was bad, but it wouldn’t have been as bad if the initial s1a wasn’t 7.65 and we hadn’t gotten the implication from the road to Nasdaq video that it would be closer to market price. The handling of that could be chocked up as a rookie OTC mistake.
While Rory doesn’t have experience being the CEO of a billion dollar company he has Golan and others who can advise him from the Board.
Heck, just put Frank Big Hurt Thomas in a commercial advertising their products. He’s already pushing testosterone boosters and who knows if they even work. Make a clever commercial that airs during programming that salespeople would watch. Throw in Nick Cannon and Snoop and do a spoof of an American Idol type of show with people sending in crazy audition videos. They invite people to audition in person who have interactive videos.
It looks like blatant painting the close, 2 shares? I love to see a green day too, but come on.
Thanks for dropping by dude, I feel much better now.
Robot stock drop on you again? Sorry about your luck friend.
Wasn't being entirely serious with unbroken, record beating green streak comment. I'm long, but yeah, there was loads of hype on this board. Still, overall trend is a constant, steady increase until they get bought or forward split.
I agree with you here, it’s implied 7 something is low and market price will determine offering. He needs sp to increase soon, otherwise a sh suit seems likely. I’ve seen them brought with less cause.
Viva la verb!
Up now two days in a row. IMO, these are the first two days of a long, unbroken epic run to 45 and beyond.
Rory and the sheriff should build a wall.
I’ve learned to have very low to zero expectations in advance of quarterly earnings for OTC (and just off the OTC) guidance.
Other than the Sound Concepts revenue, I suspect that we will still be at corner bodega level revenues ($30k), and that way I won’t be disappointed. The most we can expect would be some forward looking revenue predictions, but I put that at less than %50.
Anything beyond the 30k plus whatever Sound Concepts is bringing to the table will be a pleasant surprise to me.
Heading above three today, question is how quickly will reach 45.
Don’t hold back, tell us how you really feel.
If things are that hopeless I’m not sure what made you get in.
This is a start up tech company with brand new technology. Many multi-billon dollar companies have been around for years and aren’t profitable. Much more likely This company will be bought out than go bankrupt. We only need one or two verticals to take off and there’s no need for dilution. That’s an otc thing.
Definitely agree on the bad news part. He said a few disturbing things in one of those Nasdaq videos like how V1 had lots of issues and how they got a whole new team to fix it. Arguably one or more things that would slow us down could (should?) have been disclosed - like Tesla’s initial problems getting the Model 3 out. And then there’s the curve ball, sounds serious, but he can’t tell us about it right now? If it’s bad and serious, maybe that’s a disclosure issue.
Materiality is and has always been a gray area of the law. Lawyers constantly litigate over this. Nothing is as black and white as you say it is.
The company uses its judgment to decide what is material and the SEC investigates if it disagrees.
The Supreme Ct. has said material information is “a substantial likelihood that the disclosure of the omitted fact would have been viewed by the reasonable investor as having significantly altered the total mix of information mad available.”
What does that mean exactly? Who knows for sure, but it’s evaluated on a case by case basis.
Let’s say revenues begin to trickle in from the Salesforce or Oracle deal (deals which were already announced by 8k). Maybe you can get one of the big four to estimate end of year revenue based on that, but maybe not.
Is that material? Or can it wait for the quarterly report?
That’s why lawyers charge hundreds of dollars an hour and even then they are taking a guess.
Could Rory decide to give the revenue guidance in a strategic way that helps the Nasdaq uplisting news? Why not. Good luck trying to prove a disclosure violation for not issuing that sooner.
Internet movie database. A Rory J. Cutaia (there can’t be too many) has a credit as an actor and producer for a 2009 movie called “Under New Management.”
He was one of 7 producers and played a character called, get ready for it ... “CEO Rory.”
Several actors are familiar including the guy who played Clay Davis on the Wire and the guy who played Colin Sweeney on the Good Wife.
I was joking that he knows how to act and put together a production so he’ll hold up well under the limelight. I’m guessing he used his Telex money or whatever that first big score for him was called. Multi-talented guy.
I just handed the knee patch I picked up to someone with multiple knee surgeries, interested to hear their take on it.
He has an IMDb credit, he can rise to the occasion.
Agree. I believe it, for what it’s worth, but getting an Oracle or a Microsoft to support this claim, or better yet one of the big four audit/consulting companies to go in and confirm it would be ideal.
I’m sure it varies from business to business, but we could start with something that people understand like facebook, Salesforce, real estate, or insurance.
A new product in another CRM business like Brightools or Major Tom doesn’t carry much weight as Wall Street and Main Street don’t know what these things are (and neither do I to be honest).
Fantasyland has solid revenue from ticket sales and over 100,000 users. Verb has caused their conversion rates to explode 600%!
We’ll see what tomorrow and Thursday bring ...
I’m thinking they planned to release a PR every day this week leading into Friday.
Yesterday’s was fluff to anyone but the winners, but it still got distributed as news because we are on the DAQ now.
Today’s is better, but it’s still relatively small fry - 100,000 members of an association no one’s heard of.
Tomorrow’s will be better, mid-size company people have heard of maybe.
Thursday’s could be solid revenue guidance or more deal/user details on one or the monster tech companies we have heard of.
Friday will be the bell fanfare and hopefully some positive analyst write-ups on how undervalued this is and the huge potential upside and growth.
That’s how I would do it anyway.
PS: Nasdaq PO had to happen when it did. There’s a reason all these companies (Uber, Lyft, Slack, even old Levi Strauss) are doing their public offerings now - Wall Street knows the market is about to turn and these offerings will end much worse or not happen at all as we fall off the cliff. Check out Bloomberg news article on Unicorns.
I hope there won’t be any more videos, just crisp, factual PRs like any other respectable Nasdaq company. Just the facts with a minimum of lawyer-approved forward looking statements.
Good to see you staying positive. Tomorrow is a new day and the beginning of a new week. I could see the big guys waiting a few days to a week for the dust to settle before the smart money comes in.
They know how these public offering and changes in share structure can cause a lot of volatility in the short term.
Still very positive on this in the six month outlook.
Great explanation.
On the plus side, look at the volume! We’ve never had this much. No doubt it’s not a good thing to be on the Nasdaq watch list of biggest percentage losers, but that can easily turn around and people could pile back in and next week we end up on the biggest gainers list.
I think longs would have left this board (like I intended to leave), but when your investment drops 50% overnight, you crave more info. Particularly from people who are mixed or negative on the company.
If this went straight up and we had a great new PR (traditional PR, not a video on the company’s website) I wouldn’t still be on here.
Good news is coming, it’s just a question of when. Forward revenue guidance paired with a PR about a major deal (even a past deal, but with more concrete info) is my hope.
Everybody stay calm, don’t panic.
I would wait until the dust settles (wed close maybe) before selling at a huge loss.
Big players will start putting money in this and the real test is what happens when Rory gives forward revenue guidance.
This drop is one of the many growing pains we have to go through to get back to $45. We will be golden in good time.
Ringing the bell will be great press and when sales people start spreading the word on how their conversion rates this will take off.
I’ll be up!
Thx, that’s what I was looking for the first line reps can’t answer that question they have to check with the corporate action dept. I believe you, it’s a very good sign at minimum.
What department did you talk to at E*TRADE?
Third times the charm. E*TRADE has jumped the gun twice before ...
Want to see that notice of effectiveness. Let’s see what Rory says.
We can keep up the pressure visit all 309 CVS stores by out their inventory and get them to re-order. shareholders can jumpstart this thing.
Keep up the pressure