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Trading volume is dropping also.
What loss
It’s happening regardless of our opinions
Disagree.
All it takes is a tiny spark to ignite dry kindling. It will happen here with VERB. Watch.
It was 20% “discount to market” and no warrants. Best institutional financing ever since I’ve been here.
Hoping this will bounce back?
I’ve never met a successful investor that didn’t understand the basics.
Understood. Appreciate the honesty.
Excellent
I disagree.
7 quarters of consecutive growth and almost 2 million users and we are about to get the application out to individual users through Microsoft Outlook’s 1 Billion users.
I agree. What new information would change my positive view? Continued growth as just reported? New partnerships? New users (almost 2 million) New applications? Catalysts that are forthcoming soon?
Maybe your view should change?
The battle lines between long shareholders and others is drawn and have been. It will not change IMO.
Those of us who know “mistakes are not fatal and success is not final”, understand the effort it takes to succeed. This kind of effort is a rarity today and it is here with VERB.
VERB will be worth many multiple billions.
Sad, but a reality of business.
Any great organization is bigger than any individual member. VERB will continue on and prosper.
I would consider low $8 million for the year.
Quarterly earnings are lagging indicators, they will not significantly move a disruptive startup SaaS technology company and they never have in any great technology company.
Significant value will be shown in leading indicators which will be shown in promising growth opportunities, execution and adoption of the technology.
VERB has everything prepared for extraordinary opportunity.
What’s most fascinating, is another VERB board I’m a member of has gone from 3,000 to almost 5,000 followers in a few months.
6 quarters of growth
30x sales of $15,000,000 (Verb’s 2020 annual sales...my estimate) = $450,000,000
SaaS Valuation: 10x Multiple Does Not Apply; 30x Sales Is The New Bar https://seekingalpha.com/article/4261186-saas-valuation-10x-multiple-not-apply-30x-sales-is-new-bar
You’re so wrong, I have no other comment.
SaaS multiples are what they are...facts.
Good luck and enjoy your Sunday.
VERB is trading @$1.48 pps and if we have 46,000,000 shares outstanding, if VERB did $15,000,000 in sales for 2020 we are trading at 4.5 times annual sales. That’s less than half of industry SaaS averages already. Average public SaaS business is trading at 11.98x revenue while the median is 9.49x. See here. https://blossomstreetventures.medium.com/saas-multiples-in-q4-95855c64d69d
Kurt isn’t in the same league as Chad. He was a nobody.
Yeah ok
While this is true, it’s an even greater compelling argument for why this is ridiculously undervalued.
The offering was supposed to close on or about March 15th.
20% discount to market is $1.60 (was $2) and no warrants.
https://apple.news/AV57jj5ORQamzNP2iNzYM_w
That’s all we know at this moment.
Like Rory said, the interactive live streaming sector will be quite large.
Over the weekend, I researched about 10 other companies that have interactive live streaming products (including Amazon).
Should see expansive growth in this vertical. Looking forward to finding out what VERB Live has and how it will be positioned against the others that are growing too.
In all fairness to Rory, he has never indicated a PR from/regarding Microsoft.
I think true long investors here just have to be patient and watch quarterly financials. Beyond that, live and enjoy life.
Seems there some interest in VERB today.
We’ll probably surpass 1 million shares traded before opening bell. Interesting start to the VERB day.
Yes. I’d imagine there would be much interest.
Wasn’t UBID the company we were working with 3-4 years ago?
I do not.
Pretty neat. Just starting.
No. But if I knew I was going to fall, I’d sit down first.
I have never doubted Rory or the “bigger” vision. We are closer than we have ever been. At any moment between now and 2022 this could take off.
Always measure backwards to see how far you have come. Remember, the horizon is always 3 miles away no matter how far you have traveled.
Do your own research and dispute diligence and review Rory Cutaia’s telecom startup disrupter Telx that he sold in 2006. Its the defacto standard in the industry now and was last valued at $2 BILLION dollars in 2015.
Like Salesforce, I’m thinking we will not see much in terms of PR’s about Microsoft. I’m not sure if like Salesforce, Microsoft is planning some sort of joint marketing with VERB.
If things progress nicely we’ll see revenues increase beginning 3rd or 4th quarter at the earliest in my personal opinion.
2022 and 2023 could be a whole new ball game here.
I have never averaged down. It potentially is chasing a bad investment.
By averaging up you prove your last purchase was a good one because it was at a lower basis. Momentum securities are the better play. One day VERB will surprise.
Based on all the increased negativity I see here, I am guessing VERB is on a downward trend now.
Better. It’s a winner, just have to wait.
Once the foundation is built behind the scenes this will move. Nobody knows when that will be however, could be this year, next year or the following.
VERB is a long term investment/security that requires a greater degree of patience then most can tolerate.
VERB’s enterprise value is worth more today than all of it pre-NASDAQ highs.
The business case is locked and loaded.