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I find (at least) two things that are very odd about last night's event:
1) Why didn't Verb livestream the event on the Market.live platform? Hire some camera/sound people and use it as a showcase for things to come.
2) Why (as of now) is there nothing about the event on the market.live TikTok page? https://www.tiktok.com/@market.live_official?lang=en VERB people should have stayed up all night editing the highlights and posting it.
Was the event yet another Rory head fake?
None of it makes any sense.
Eddie Vakser associated with a scam? Say it ain't so!
Regional differences in a dish are a thing.
Growing up, Sloppy Joe was often on the elementary school cafeteria menu: ground beef in a tomato based sauce served on a hamburger bun. https://en.wikipedia.org/wiki/Sloppy_joe
Decades later I was in a meeting with a customer and he said "I'm having lunch delivered. Can I get you something?" I asked where he was ordering and he mentioned that it was a local deli. I asked what was good there and he said "they make a good Sloppy Joe." Memories of childhood came back...and although I thought it strange that adults would be eating what I associated with elementary school food, I said "I'll have a Sloppy Joe, then."
What I got was not what I expected: https://en.wikipedia.org/wiki/Sloppy_joe_(New_Jersey)
BTW...it was very good.
The Payooze scam was a doozy. Eddie kept talking about his team of coders who were working day and night to wrap up the fine little details.
And then...no mention of Payooze ever again. The team of coders only existed in Eddie's fever dream. Just like the coders of scammer Kent Linduff's insurance software.
If you want to laugh, go to Eddie's latest scam site: https://thechamp.io
Add an item to your shopping cart and try to checkout/pay. You can't because the system isn't set up to accept any form of payment.
Eddie is such a lazy scammer. If he sobered up and put in a bit of effort he might become a more successful scammer. I'm sure his soon to be ex-wife would appreciate it.
Driving home I was listening to the CNN simulcast. They played tape of TFG as he left the courthouse today and he had nice things to say about Pecker. One of Pecker's former deputies explained that the Enquirer (and Pecker) have LOTS of dirt on TFG and TFG is deathly afraid of what Pecker might reveal. So while every other witness will be attacked (despite the gag order) TFG isn't going to say anything bad about Pecker.
Which is consistent with why so many people (Miss Lindsey in particular) lick TFG's boots. It's because TFG has dirt on Lindsey that could become public at any moment. Gaetz and MTG, too.
I doubt Trumpty reciprocates his sentiment.
Not according to the Wikipedia article about the scandal:
https://en.wikipedia.org/wiki/Ohio_State_University_abuse_scandal#Jim_Jordan's_involvement
Actually, I believe that he was accused a couple of times witnessing it in the showers but turned the other way.
Let's not forget that there is someone who has achieved long term riches from VERB. ZIP code changing, in fact.
But hasn’t VERB, since the beginning, been a buy and hold for long term riches?
It will be interesting to see how many people show up for the big event. I wouldn't put it past Rory to hire actors to make the place seem like a raging success. It's L.A., after all and every restaurant server is looking for an acting gig.
It's still unclear how VERB plans to make money from the relationship with TikTok. Rory's vision for Market was going to be sellers having VERB fulfill their product orders. That was bogus and it never happened. Then it was Market attracting influencers and having VERB fulfill product orders. That was bogus and it never happened.
How will the TikTop Shop scheme be any different than Rory's endless string of pivots and failures? Market.live (that shareholders paid many millions to develop) is all but abandoned at this point. Over the next 4 weeks there are 9 livestreams scheduled with only 3 presenters (if you don't count the one that Market is doing themselves). It's a ghost town. And it should be because prior streamers clearly weren't making any money so why bother?
Meanwhile Rory recently got a new contract and is pulling down close to a million dollars a year.
None of it makes any sense.
Some of the smartest people I know don't have a great deal of formal education. In fact, many of them have better bullshit detectors than your average MBA.
As for being a bad state to raise a child, generational poverty is a terrible thing made even worse by the exodus of the few industries that existed in Appalachia. I imagine most who live in Kentucky feel trapped.
Years back I worked in NYC with a woman who grew up in West Virginia. One day I showed her a magazine ad that was trying to entice businesses to open up shop in WV. There were pictures of nature that were just gorgeous. I showed the ad to the WV native and she said "some parts of the state are really pretty, but believe me you do not want to live there."
To be fair to Gym, I don't think anyone claimed that Jordan witnessed the molestation. Several of the college wrestlers say they went to Jordan to report the molestation and Jordan did nothing.
Just as bad, I suppose, but still...the facts are important.
Fun fact: Jay Ritter was one of my finance professors at Wharton. On the first day of class the room was packed with students who showed up even though they weren't enrolled in the course...they were hoping the Prof would allow additional sign-ups.
As we waited a dweeby looking guy who looked to be above 12 years old shows up and several started to chuckle. WTF was this kid...some sort of prodigy?
Well, the "kid" plopped his briefcase onto the table at the front of the room and introduced himself as Professor Ritter.
Gulp.
Was that on the same pop-up window that says "hot single women in your area are looking to meet you" ???
I think I perhaps possibly heard a possible report that possibly Investment Banks are possibly buying possibly
Wasn't it just last week that Comer told Raskin to "just wait" because the evidence required to impeach was coming? Even Jordan was smart enough to slither back into his hole, but Comer was still at it.
If the people of Kentucky elect that piece of garbage to be their Governor then the characterization of Kentuckians as ignorant rubes will be confirmed. My hope is they are smarter than that.
The bigger risk may be when the MAGAts start looking for a replacement charlatan to take the place of the orange shitgibbon once he croaks. Comer probably has what it takes to win over that crowd.
VERB finally posted some new livestreams on the schedule.
Following the big 2-show day on May 8, there's another Drew Dorsey on the 14th and then another Drew Dorsey on May 21st.
A total of 5 shows over a 3 week period. Two from Ali and three from Drew.
Where is the successful business that Rory said he was building?
I dunno. But I'm here for it!
What happens next?
Yapping Rory issues a PR about 100 new stores signed up for Market.live
And yet, as of this moment, there are a total of 10 livestreams on the schedule. In the past the schedule has included streams for the next 4 weeks or so. Now the streams stop on May 8. Is Market.live being shut down? I dunno.
Of the 10 streams:
3 are Drew Dorsey
3 are Margot's Daily Picks
3 are All Things Ali
1 is a Market stream
Rory promised a continually growing roster of companies and influencers doing livestreams. After several years and many millions of dollars spent there are 3 companies/influencers using the platform.
Market.live is yet another Rory failure.
No, Your Spaghetti Doesn’t Have to Be al Dente: 5 Pasta Myths, Debunked
https://www.nytimes.com/2024/04/20/dining/how-to-cook-pasta-questions.html?unlocked_article_code=1.mU0.MSSc.LH5eo5fadc-z&smid=url-share
Did she copy that Tweet from Michelle Obama, too?
Remember last week when TFG "Truthed" a message to his minions that he was under the impression that the defense had an unlimited number of peremptory challenges? Hard to say whether he really believed that or if he was using that whine as just one more way to rile up his base. If he did believe it then you know he would have told his attorneys to keep rejecting jurors until after the election.
And I'm sure he's off balance because he bought into the idea that jury selection would take weeks.
Ummm....we're talking about a woman who married Eric. So, yeah.
God, Lara is dumb.
The Rs have known for quite some time that their numbers were shrinking. They needed some sort of savior.
Along comes TFG to rile up a base using his "drain the swamp" message. It was a winner and so the party signed on and rode his coattails even though many (including Miss Lindsay) knew that it was going to create some problems in the long run. But...carpe diem.
Now, other than the racists, the misogynists and the fascists, the TFG's message is starting to wear thin and he's seen as a liability rather than an asset. Problem is the Rs put all their eggs into TFG's basket. They have no plan B (how ironic).
The R party is in panic mode. As they should be.
BTW, you saw Lara Trump's statement about a second term for TFG being "four years of scorched earth" ?
That's a nice message for America.
And I think they may be getting tired of Trumpty, too.
Those Wall Street Analyzer "interviews" are a hoot. SFOR paid a fee to WSA to be "interviewed." And yet the piece winds up with:
WSA: ...we’d like to thank you for taking the time to join us today Mark and update on rest of our audience on StrikeForce.
Mark Kay: That’s great Juan. Thank you so much for the opportunity, I enjoyed doing this.
Yup. And Mark';s PR from August 18, 2021: https://www.globenewswire.com/en/news-release/2021/08/18/2282671/0/en/StrikeForce-Projections-for-2021-with-Sales-and-Marketing-Strategy.html
For the entire year of 2021 we are excited to announce our anticipated Projections of just under $1m after a slow start in the 1st Qtr. of $46k. This projection is based on current available information and some sales to date with reasonable projections for the rest of 2021. This includes our reseller channel sales and individual sales through our website and sales made directly through the Company. While we are confident that we will meet our projections, there can be no assurance of performance.
Looks like the Mullenaire T-Shirts are being discounted. So there's that
https://www.redbubble.com/i/t-shirt/MULLEN-by-TheCurioCabinet/144921641.IJ6L0
And who knew that spaghetti grows on trees? A classic:
And so many of Mark's lies are demonstrably false. Remember when he made a big deal about doing a presentation of Zerify Meet to the members of the Meadowlands (NJ) Chamber of Commerce? Unfortunately for Mark, the Meadowlands Chamber publishes the dates of their meetings on their web sites. And whadda ya know, the date of the claimed "presentation" was not on a day that the Chamber had a meeting.
The 8K that ZRFY must file needs to say why the company's auditor, Weinberg & Co. out of Los Angeles, has been replaced. If Weinberg disagrees with the characterization of the parting I think they would file something with the SEC to note their side of the story.
It seems a little odd that Weinberg, with offices in LA, Boca Raton and West Palm Beach would be the auditor for a New Jersey company. Of course ZRFY is on the hook for the auditor's travel expenses. Perhaps Mark decided that money would be better spent on his salary so they selected a new audit firm that is within driving distance to Edison, NJ.
Or...Mark is just lying about the entire situation. Because Mark lies all the time. Always some would say.
Well then...either Mark is lying or the company has once again run afoul of its reporting obligations as an SEC reporting company.
When changing accountants, a US reporting company faces disclosure requirements and may face other risks and complications, especially if the change in accountant causes a delay in filing required periodic reports under the Securities Exchange Act of 1934 (Exchange Act). Specifically, a company changing its accountant must file one or more current reports on Form 8-K with the SEC. These reports must include information responsive to:
?? Item 4.01(a) of Form 8-K, which requires disclosure about any resignation or dismissal of the company's accountant.
?? Item 4.01(b) of Form 8-K, which requires disclosure about the appointment of a new accountant.
Additional disclosure is required under Item 4.02 of Form 8-K if management or the company's accountant has determined that the company's previously filed annual or interim financial statements may no longer be relied on.
In addition to these Form 8-K disclosure requirements, if the change in accountant causes the company to miss SEC filing deadlines for any annual report on Form 10-K, any quarterly report on Form 10-Q or any combination of Form 10-K and Form 10-Q filings, the company must file a notification of late filing on Form 12b-25 to disclose and explain each late filing. The late filing of a Form 10-K or Form 10-Q may result in:
?? Limitations on a company's use of Form S-3, Form S-4 or Form S-8 registration statements.
?? Impermissibly stale information under Exchange Act Rule 15c2-11 and under Rule 144 and Rule 144A under the Securities Act of 1933
(Securities Act).
?? Non-compliance with the listing standards of the securities exchange or exchanges on which the company's securities are listed.
?? Defaults under the company's debt securities and other instruments and agreements.
Because the dismissal or resignation of a company's accountant may cause confusion or concern in the market, the company should also be prepared to handle questions from its investors and creditors. The discussions in this Note apply only to US reporting companies. Foreign issuers may be subject to different or conflicting requirements under federal securities law and SEC rules and regulations.
REQUIRED SEC DISCLOSURE ON FORM 8-K
Any US reporting company facing a change in accountant must file a Form 8-K with the SEC within four business days of the accountant's:
?? Resignation.
?? Refusal to stand for re-appointment.
?? Dismissal.
In addition to what has been said by the other "Debbie Downers" check the 10-K for 2022 (the 10-K for 2023 was due earlier this week and is now late) and you will see that,
IN 2013, ZRFY (then SFOR) settled patent litigation with Microsoft on the out of band verification technology. At the time it was characterized as Microsoft doing away with a nuisance lawsuit by paying a few hundred thousand dollars to ZRFY.
In Note 8 of the 2022 10-K
On September 6, 2017, the Company entered into a litigation funding agreement with Therium Inc. (subsequently Therium Luxembourg) and VGL Capital, LLC (collectively the “Funders”) for financing of $1,500,000 from the Funders to allow the Company to pursue patent enforcement actions against alleged infringements of its patents. In exchange for the financing, the Funders are entitled to receive( after the payment of legal fees), the first $1,500,000 from the gross proceeds of any claims awarded, 10% of any additional claim proceeds until the Funders have received an additional $7,500,000, and 2.5% of any claim proceeds thereafter. The Funders are to be paid only if the Company achieves recoveries of claim proceeds. At December 31, 2022 and 2021, the Company has reflected the $1,500,000 received from the Funders as a contingent payment obligation to be paid only if patent enforced claim proceeds are recovered.
Never been in a Toys R Us ?
I haven't seen any giraffes since I was a kid...
Something very strange going on at market.live. Usually they show upcoming livestreams for the next 30 days or so.
As of now the last stream displayed in on May 8. That's 20 days from now and there is a grant total of **11* shows on the schedule.
It could be that Rory is winding down market.live as another failed experiment and he's going to focus on the TikTok and other "partner" sites.
Such irony that Rory was crowing about sellers using market.live as their exclusive selling and fulfillment platform (that never happened) and now the company is casting its future on the platforms of others.
Wasting untold millions of dollars in the process.
What a chit show.
It's an interesting question, really. The most recent Q (since we still don't have the K) shows assets of $ 91,000 and liabilities of $ 17.5 million.
The problem for Mark is that there is a note payable to a "related party" (Mark) and accrued interest to a related part of $ 1.7 million. That might also be due to Mark. He doesn't want that liability discharged so why bother with BK.
Mark will Just keep issuing shares and put that money into his pocket. ZRFY is his personal piggy bank. End of story.
Still no 10K. Any chance a bankruptcy is coming?
Remember when Mark stated that one of the reasons he chose Zerify as the company name was because it was a one syllable word?
I remember when he said that.
“We wanted a name that would be a single syllable, and ‘Zerify’ came across very well,” he said. “We feel like we have a great name and now we are moving forward as best we can,” said Kay, adding that despite the name change, the stock symbol, SFOR, will remain the same for now waiting for FINRA to implement the name."
Mark lies constantly about ZRFY's products.
Here's a link where he claims that "Room Lock" is a feature that is unique to Zerify Meet.
https://finance.yahoo.com/news/zerify-releases-innovative-room-lock-115700401.html
It's a lie. When the announcement came out I checked with the big players in the online meeting space and every one of them (except one, IIRC) said they've had that feature well before ZRFY added it to Zerify Meet.
BTW, the reseller touted in that announcement, 323Link has Zerify listed on their web site, but they only mention the crappy Zerify security products. For video meetings they list Jitsi, Highfice, GotoMeeting and WebEx. Why would a company like 323Link risk its reputation selling an known product like Zerify Meet? My money says the product was never installed in the Tennessee Courts.
Because Mark is a liar.
The products exist so they're not vaporware. But they have no value.
No IT professional in their right mind is going to tell their boss (or their customer) that Zerify Meet, a company that is hanging on by its toenails, is a better choice when compared to Microsoft Teams, Google Meet, Zoom, GotoMeeting ot the myriad of other more established choices that are on the market.
When the blockchain started to gain traction, Zerify (then SFOR) claimed to have a way to protect people's coins. Did that product ever generate revenue? Not a dime as far as I know.
When Covid lockdowns forced businesses and government to conduct virtual meetings, Zerify announced their solution. Did that product ever revenue? The company doesn't break down revenue by product category. The 3rd quarter report shows 2023 total revenue was on track for a run rate of $ 88,000. For the entire year. After 20+ years of being in business.
Mark's total compensation for 2022 (the most recent figure available) wa $ 288,000 (down from $ 841,000 in 2021)
Waller's compensation was the same as Kay.
Ram's compensation was the same as Mark and Waller. His 2021 compensation was $ 2.9 million.
For a company that maybe brought in $ 88,000 last year.
F'in ridiculous.
LOL. It's Sevideca, not Sevetica. There was at least one PR where Mark provided an incorrect name of whatever company ZRFY had supposedly partnered with but in this case he got the name right.
Mark lies with such frequency and aplomb that it's difficult to keep track. The whitelist nonsense was one thing, but separately there was the announcement of July 23, 2023 headlined: Zerify Signs Multi-Million Dollar Licensing Agreement For its Secure Video Conferencing Service.
Highlights:
* Zerify is pleased to announce the signing of a multi-year multi-million dollar licensing agreement with a prominent industry leader.
* While we cannot disclose the identity of our esteemed partner until they launch in approximately 90 days, as it states in the contract, we can assure all Zerify stakeholders that this deal will have a far-reaching impact on Zerify.
* The agreement stipulates that Zerify will receive a minimum of $600,000 – $900,000 per year for the next five years, for a total amount of $3,000,000 - $4,500,000. however, based on our partners industry dominance, revenues should be much higher than that. Additionally, while they will launch in the US to start, they are already making plans to launch throughout Europe and Asia.
* “As you can see from the above, the stars have been lining up in our favor, and its finally time for us to shine. We look forward to providing more information about the partner and opportunity as we get closer to the launch,” says Kay.
Every word of the above is a lie. The 90 day window to reveal the name of the "prominent industry leader" would have taken us to October of 2023. Was the name announced? NOPE.
BTW, looking at the Sevideca web site it appears they are trying to push ZRFY crappy products through multi-level-marketing. Click on the "Join Now" button and you are asked to select whether you want to be a "Brand Ambassador" or an "Account Executive." That reeks of stanky MLM garbage to me.
NO ONE is going to sign up for that shitty white label trash. The products are crap. ZRFY has failed trying to sell direct to customers, if the deal with TDSynnex had generated meaningful revenue you know Mark would have been crowing about it. The Sevideca deal is meaningless.
And Mark is delinquent with his SEC filing obligations for the 2023 10-K. I'm sure he doesn't want the numbers seen because revenue for the year will likely amount to less than Mark's paycheck for a month.
Looks like his last name is Schmaeling.
Mark Kay banking the future of the company on a guy who graduated from college last year? That tracks.
And it looks like maybe Joey got his little brother to do the company web site.
What a joke this company is. A joke that pays its execs 6 figures each.
One of Kay's announcements from 2023 was a partnership with Synnex that has relationships with many thousands of IT resellers in US and Canada. And the results of that partnership? Well, we don't know because Mark missed the deadline for filing the 10-K for calendar year 2023.
ZRFY's products are crap. The web site that Sevideca is something that a middle schooler could have put together.
This is going nowhere.