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Verb trying to sell shares now is like watching monkeys mate in the wild. Verb used to be good at selling shares with the oracle and marketo press release. Now verbs a dud.
Press release was not a big enough material event to disclose a 8k form so the contact in the press release is not worth much money that’s a fact.
Verb sending out press releases to sell shares to the imagination of those who likes verbs juice. Rory should change his name to Jim and hire someone named jones....
Don’t get fooled by a press release, do your own due diligence and see the press release was only released to sell shares. The new contract from the PR is only worth 200$ in reoccurring revenue. Be careful here what you invest in even if it looks good you still can’t put lipstick on a pig.
No 8k for the press release verb put out today. Looks like more hot air from verb. A 3.50$ analysts report won’t come unless a reverse split and that will happen faster then someone buying 2000 shares on a hot air press release worth 200$ of revenue.
Wow a press release with no 8k what did verb get another 200$ per month of reoccurring revenue??
So they press release it to get the juice drinkers to invest more money... what a joke.
The form d is to set up the form 4 wait and see. How else do you think verbs board members and executives get paid. If they try and pay them self’s in dollars they will put verb further into debt and ultimately something the small reoccurring revenue can’t handle quarter to quarter. Verb is going downhill just like the price per share. Verb took a 25 million dollar company and turned it into a 16 million dollar company over night. Where did the 9 million go. Follow the money verbs executives and board members have been taking money from the company forever now. The market share reflects how the public company is valued in its sector and its doing horrible.
I don’t see any 8k form for what you say new clients. So only thing to be true is the contacts are so little of value they are not recognized as important enough to file any 8k forms for them. The 1.20 share price is inflated by hot air. Be careful when it burst again and back down below a dollar will go.
Nope not part of a lawsuit I still hold 1/15 of my shares after the 15-1 reverse split. I was given free shares I sold at 14-18$ because I knew what was going to happen. I just wish I sold all my shares at 14-18$ because verb will never be that high again unless another reverse split.
For new investors eyes. I been here since January 2018. If you want to invest in verb be prepared for a CEO who will take your investment money and lose it and lie to you about it. There are serval lawsuits that might make verb shut there doors very soon. If you give verb another year or two at tops they will probably go dark and be delisted. Save your money. There’s no value here no 8ks from contracts all hot air the CEO has used to buy a mediocre company sound concepts and gave all shareholders value away to do it.
Buyer beware here!
If any new investors buy this stock they will lose all there investment hopes after the next reverse split coming soon. Nobody would want to invest into a new company where the ceo calls his shareholders names and then loses all there money.
Here’s a good saying for you.
Do a good job I’ll tell 10 people, do a bad job I will tell 100 people to stay away from you.
Here’s something to think about when you think about the companies verb has on board.
Why did verb not issue one 8k form for any of the contacts from the companies they have onboard?
I can tell you why. The contracts are not important enough to file a form 8k.
Looks like verbs contracts are overvalued. I can see clearly no 8k form for any contracts verb has mentioned. Everything is built on hot air right now. Anybody willing to take 1 million$ and short this might bankrupt verb.
If you ask me what’s more 50 million or 1 billion. I will go with 1 billion so yeah he was stupid enough to sell at 200 million. So my point is the decision making Rory has is not that sharp and he has lead verb into the gutter with the share price to reflect to you what I’m saying.
The same Rory that sold out for 200 million not the 1.6 billion a few years later... looks like he was on the wrong side of history there.
Anybody can see August 14 verb started to sell shares into the market therefore diluting shares from the offering. Anybody body can see that if they read and do there DD.
Anybody can see dozens and dozens of law suits against verb for sell stock and telling straight up lies in order to get investors. There’s as many lawsuits as clients now in my opinion.
Don’t invest here unless you want to lose all you money. Reverse split number 2 is on its way thanks to Rory and gangs fabulous job.
Anybody can see revers split number 2 coming for your shares in a verb snatching Rory fashion.
Verb is trash stock nobody wants. Anybody that invested over the age of 60 in verb will have a bad retirement in my opinion. I don’t feel as bad I lost all my money here it’s a learning curve for a 30 year old just starting to invest. But I have never see such greed and disrespect the verb employees treat the shareholders anywhere else. If you want to invest here because you think it might be a good investment run away fast.
This rule has Dilution written in plain English. Verb gets to unload more shares to the market coming up. Seatbelt time
Rule 506(b) allows an issuer of its own securities to raise an unlimited amount of money from an unlimited number of Accredited Investors and up to 35 Sophisticated Investors. However, the issuer cannot make any offers or sales of the securities by any means of general advertising or solicitation.Apr 17, 2017
Please read rule 506b from the sec. that rule was used in the form d.
So the 19 investors are retail and barley bought more the 200k of shares... the item 3 in form d goes towards stock compensation no money needed for executives and board members it clearly states this and the management team is trying to pull one over on you but I assure you what happened here is verbs board members and executives got paid and 19 investors bought 200k shares this rest of the offering is here to sell to the market what mean more dilution headed towards your bottom line. All in my opinion.
No where in the filling does it say the shares/warrants are restricted. No where does it say proceeds go to a certain amount of unnamed individuals. You must be reading the wrong form D. Check my post at item 16 from formD.
So your saying item 16 is wrong?
16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
$ 0 USD o Estimate
Rule 506b was used in the form d here’s wording for 506b
Companies conducting an offering under Rule 506(b) can raise an unlimited amount of money and can sell securities to an unlimited number of accredited investors. An offering under Rule 506(b), however, is subject to the following requirements:
no general solicitation or advertising to market the securities
securities may not be sold to more than 35 non-accredited investors (all non-accredited investors, either alone or with a purchaser representative, must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment)
If non-accredited investors are participating in the offering, the company conducting the offering:(retail)
must give any non-accredited investors disclosure documents that generally contain the same type of information as provided in registered offerings (the company is not required to provide specified disclosure documents to accredited investors, but, if it does provide information to accredited investors, it must also make this information available to the non-accredited investors as well)
must give any non-accredited investors financial statement information specified in Rule 506 and
should be available to answer questions from prospective purchasers who are non-accredited investors
First day they sold shares was August 14th. Here’s how I know and here’s a few links I found out my information at the bottom of this post.
7. Type of Filing
x New Notice Date of First Sale 2019-08-14 o First Sale Yet to Occur
https://www.sec.gov/smallbusiness/exemptofferings/rule506b
https://www.otcmarkets.com/filing/html?id=13631191&guid=Me9fUqGWAW-lryh
I’m pretty sure these are unrestricted common stock/warrants/options for equity which means verb is diluting to keep the lights on.
Where does it say that?
Apg not app
App sold the restricted class A shares valued at 1000$ per share for equity and common shares warrants and options. So that means apg gets paid for the transfer 300k and verbs executives/board members get 5 million and market gets 6 million dollars worth of shares in common stock warrants or options from preferred class A restricted shares from verb yes. It also says it will close this offering under 1 year. With other restrictions selling shares. I’m sure dilution will continue for another 2-3 months. All this in my opinion.
It’s in the form d as listed who get shares just undisclosed how much each one got.
You do know apg is the ones who sold the shares to verb executives and board members? They did not purchase the shares they sold them. Apg received about 300k for the deal. Now verb gets to dilute more shares after paying them self’s 5 million, so they can keep operations going with 6 million dollars worth of shares to hit the market over the next 2-3 months.
Also road showsaren’t cheap traveling back and fourth in jets from Newport to Utah isn’t cheap. Look at what the CEO is spending money on follow the money and you’ll see why the share price is so low.
Yes I can since reading the latest financial documents verb disclosed. The amount of money to keep operating and pay salaries you will find 5million goes to wages for work by executives and board members like in the new form d. Now the extra 6 million is needed to keep up with heavy cost and spending habits of verbs ceo, executives and board members now occurring on a regular basis. In the last q 3 million plus was spent for general admissions. If you look further verb is already buying company cars. So back to the 6 million you will see just like before around 150000-175000$ worth of share being diluted each week just to pay the bills. They need around 6million dollars now with new revenues just to stay out of bankruptcy. Last q they needed 7 million. I’m sure with due time the fully diluted shares from offerings will be on the market because verb just paid themselves 5 million for a job well umm maybe not done. In one of my post I suggested fully diluted shares from the original offering of verb would put us about 1.15 I guessed that at 3$ range. Now with the 6 million verb has to dilute now I expect the share price to go down to .70 the next few weeks. All my opinions based on my own due diligence by reading latest and all financial documents.
The additional shares are for diluted purpose only they will start to hit the market next week. Rory is really trying to squeeze every fraudulent penny he can. 5 million is just the start for his board members and executive officers. The 5 million in shares are going to board members CEO and other executives. They did not disclose how much each person got out of the 5 million. All I know apg is super happy right now with the sale.
The form d is simply the 5 million verb sold plus another 6 million still to sell or dilute. The preferred class A stock shares of 1000$ per share are going into common shares or warrants and options. Dilute dilute diluted...
5-1 so they can continue to dilute after the impending reverse split.
Or since he said all of the shareholders are co-owners of the company. Just walk into the office put your feet up on the couch and say “fvuk your couch I paid for it” and watch Rory get upset and just call sound concepts in Utah to complain.
No they don’t they have people make decisions for them...
1+1=7 and for Rory that means -90% stock price