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Longs praise how Verb is cutting costs and then state they need to add more sale's people. This can't work unless the sale's people are volunteering their services for free..
I expect this company to be out of business before January 2024
Patience= 100% loss on investment. Most long shareholders I hear are currently down around 85% - 90%.
Long shareholders are either trying to convince themselves or trying to convince newbies this is a good investment. It clearly was/is not.
Good luck
How anyone can defend this CEO or company is beyond comprehension.
If they fail? lol
Easy to say continue cost cutting but maybe the company is at a point where no more cost cuts can be made.
Do you recommend the CEO let Kate go?
You keep saying 10 million in revenue but the company is losing 20+ million dollars a year. Revenue isn't working and cutting costs will not save this company from bankruptcy.
If you look over the last 5 years you see a pattern. Common denominator is the CEO. The board can remove the CEO and change the pattern or keep the CEO and continue the pattern. The pattern of failing to deliver on the promise's made to shareholders.
I anticipate the company to continue the path of failures, more dilution and ultimately the company filing bankruptcy.
This company is in serious financial trouble and nothing is going to save it.
There is no light at the end of the tunnel.
Cutting expenses and manpower sounds good but ultimately it will only decrease productivity and revenue.
This stock will eventually end up at .01-.02
This stock should be listed on the OTC. For years the CEO failed to deliver on his promises.
I recommend watching the CEO interviews and videos. Afterwards you will understand why the stock is trading at .13
Not with tax selling and a potential reverse split announcement within 60 days.
Why would anyone believe this stock will go up?
They have nothing but debt
10 to 1 equals $1.40
Stock would be back below $1.00 in a week.
20 to 1 at minimum
With tax selling starting up and a possible reverse split announcement in the next 60 to 90 days. The company will need additional funding early next year. Doesn't look good.
Overvalued? Revenue decreasing and the company losing 2 million dollars a month(6 million a quarter). You can't stay in business long losing 6 million a quarter. Market livestream revenue is insignificant. Reverse split will destroy whatever shareholder value is left. This CEO is a disgrace. Being paid millions to run a company into the ground.
How can a livestreaming company not livestream on the weekends?
This is about the 5th or 6th weekend where Market hasn't had any livestream events.
Maybe Verb employees don't work on the weekends so livestream events aren't scheduled?
Watching old videos of CEO, financial filings and past disappointments with missed deadlines this company is a disaster. Why the stock is moving back up is a mystery to me.
This stock should be trading on the OTC
Flippers/Traders making a little coin today off Verb. Shareholders nothing
What do we hear from management?
Silence
Primed for reverse split or Nasdaq delisting
Current price .1351
Less cash but award themselves more stock. Seems fair. LMAO
Shareholders never win and Management never loses
Form 4's filed. Insider's buying or selling?
Delisting or reverse split?
Current price .15
Ascendant Cap $3 price target $2 too high
Since Brian Kinstlinger from AGP reduced his price target down to $1 Rory-speak Q3 results didn't impress Brian. Maybe Rory's carrot gift baskets don't work anymore.
Too little too late. CEO trying to save his personal piggy bank.
Same CEO same results.Verb future chapter 11.
AGP analyst cut price target to $1. Still too high.
If the reason to uplist to Nasdaq was for better funding opportunities does it even matter now since the CEO is using toxic penny stock financier's?
Reverse split or go back to OTC?
Is there a benefit one over the other?
What will the CEO do with his shares?
Will the captain go down with the ship or sell his shares before worthless?
He could hold on to his shares and try to sell the company. What is it worth?
Shameful how this CEO compensates himself while burning through shareholder money. Was this company ever set up to succeed or only set up to give the CEO millions in salary?
Only Rory and CFO why keep Newport beach office?
I read this on ST. Does this have any significance?
Did the CEO really say "patience will be rewarded"
Even worse than I thought it would be
Maybe the loaner of the 5 million is the one holding the stock price up. Wait till the CEO opens his mouth and tells shareholders the company Q3 numbers. This loaner of money may feel he was played like a fiddle. I expect a drop back to .17
Tomorrow should be enlightening. Verb still burning through 2 million dollars a month?
It appears adding vendors is at a standstill. I believe someone posted Verb only added 1 or 2 vendor's last week. Why?
Will be interesting to see how this CEO spins adding 8-10 vendors a day as he claimed during his last conference call.
Does this CEO know the difference between lying and telling the truth?
Is Verb charging for their products/services or giving them away?
Do we know?
reverse split is inevitable.
Can't wait to hear the skinny on this loan.
5 million unsecured loan?
Did it come with ocean front property too?