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It would be about 1.2 billion outstanding if calculations are correct
Many filings. Appears they have been buying back shares longer than that. I’ll read over them again.
Shares have already been bought and returned according to the wording.
“The Company repurchased an amount of 12,794,182,704 shares of its shares of Common Stock and at a price of $0.0001 per share. The settlement was the issuance of an amount of 1,279,418 shares of Series X Convertible Preferred Stock and at a price of $1.00 per share.”
GNCP wow 12.8 billion share reduction
Yep and convertible debt being absolved. Have to like this one
LIBE multiple acquisitions and joint ventures in the works. 300 million OS should be pennies my friend
GNCP .0002 more filings out
https://www.otcmarkets.com/stock/GNCP/disclosure
GNCP .0002 more filings out
https://www.otcmarkets.com/stock/GNCP/disclosure
Sweet!
He stated it in no way negatively effects the AIG deal. It’s all there and all will be closed.
Thanks for the 39’s
Someone just lost their lunch. Whoops
GNCP .0002 12.5 billion OS reduction
That’s why they are calling it an acquisition. It’s stated clearly
GNCP .0002 12 billion common shares retired...
IMMEDIATE ACTIONS:-
The Company is presently completing all of the outstanding Quarterly and Annual Filings in order to restore the Company as a “Current Filer” on the OTC Markets. All of the relevant information affecting/delaying these Financial Reports has been resolved. These filings will commence on June 28, 2018.
The Financial Reports being finalized now are: Annual Report – September 30, 2015; and Quarterly Report – December 31, 2015; and Quarterly Report – March 30, 2016; and Quarterly Report – June 30, 2016; and
Annual Report – September 30, 2016; and Quarterly Report – December 31, 2016; and Quarterly Report – March 30, 2017; and Quarterly Report – June 30, 2017; and Annual Report – September 30, 2017; and Quarterly Report – December 31, 2017; and Quarterly Report – March 30, 2018
The Company will also be filing the Quarterly Report for June 30, 2018.
Upon completion of these outstanding filings; the Company will immediately proceed with the actions as outlined in our Press Release.
Been following you for years and it’s much appreciated. Reflects my sentiments, not that I have a clue as to what I’m really doing, but it certainly is good to read the opinion of someone’s I value. Cheers to a great move for LIBE and future endeavors.
You like this one. Nice!
That usually works
Bottom perhaps...
Nice buys
Thanks
Nice day so far
Solid here
Grabbed a few here
No kidding, been awhile. RBIZ was nice Friday but I sold early when signs of dilution kept showing. Think I may try to grab a few GRPS with ya.
Interesting...
Gotcha, thanks. Big potential and have moved my bids a couple of times and now I’m just waiting for apparent bottom line you.
What are your feelings here at .0051?
Absolutely...no better sector to be in right now than solar imo
Remember folks...there were 100 million shares retired between May and June. The OS was decreased not increased according to OTC markets.
$ABCE
ABCE nice hits coming in .0021
Yes but their revenues were incredible to match. ABWN has zero...good luck to anyone buying
ABWN lost $48 million the first 6 months of the year. How was this huge drop unexpectedly?
$RBIZ .002 projected $100 million revs
.“Based on customer feedback in Q2, Verus continues to back its previous forecast of $100M in annual revenue following a full business transition and receipt of adequate financing.”
Yep... .“Based on customer feedback in Q2, Verus continues to back its previous forecast of $100M in annual revenue following a full business transition and receipt of adequate financing.”
Under the terms of the deal, Verus will become the exclusive distributor of juice products bearing Disney and Pixar characters and other Disney labels in these important Gulf Cooperation Council (GCC) countries. This region has been one of the fastest growing juice markets in the world over the last decade, with per capita consumption of 100% fruit juice in the UAE expected to top North American averages by 2018. Juice is often consumed at more than one meal per day in many households, creating excellent markets for retailers in the region.
RBIZ news Thursday, June 21 2018 4:13 PM, EST Realbiz Media Group/Verus Foods Reports Q2 Fiscal 2018 Results, Provides Corporate Update GlobeNewswire "Press Releases"
Gaithersburg, MD ., June 21, 2018 (GLOBE NEWSWIRE) -- RealBiz Media Group, Inc. (RBIZ), currently operating as Verus Foods (the Company), yesterday announced the financial results for its second quarter of fiscal 2018, ended April 30, 2018 . In conjunction with these results, the Company is also providing a corporate update.
In terms of Q2/2018, management is noting the following items of importance:
For the first six months of fiscal 2018, Verus revenue totaled $2,234,444 , a 102% increase over the $985,068 reported in the first half of fiscal 2017
For the comparable six-month periods, Total Operating Expenses showed a 22% improvement at $991,645 in the first half of fiscal 2018 vs. $1,275,738 in fiscal 2017
Legal and Professional Fees in Q2/2018 were $168,280 and accounted for 31% of the Companys operating costs, but are expected to decrease following completion of the spin-off
We are putting the finishing touches on 10 SKUs and have begun designing a dozen additional products, with a goal of steadily adding to our portfolio throughout 2018, explained Verus CEO Anshu Bhatnagar . As we previously communicated, we are shifting from a wholesale to a retail focus as part of a strategy to create a more valuable distribution network, beginning with about 2,800 locations. Our SKUs are not private label versions of existing products but are based on original recipes under our own labeling and branding.
On a forward basis, the Company would like to provide the following update:
Verus has completed and filed all of the required paperwork for the NestBuilder spin-off and that process is at the Secondary Review level at FINRA
The Company is in the final due diligence stages of multiple forms of trade financing
Verus has completed labeling, packaging and is fine tuning the formulations on original, proprietary product offerings for its starting 2,800-store network, with a Phase 2 rollout planned later in 2018 that will significantly expand this initial store base
The shift from wholesale to retail is underway, which will greatly improve margins on future revenue streams
The Company can confirm that it is in talks with Asian, South American, and North American food companies that have an interest in entering the Gulf Cooperation Council (GCC) markets
Verus can confirm that it has its first business proposals from South America , which will only be implemented pending the outcome of current financing discussions
The recent increase in our share count is from conversions connected to financings from a time when our capital options were restricted by lawsuits and spin-off delays, said Verus CEO Anshu Bhatnagar . However, we remain dedicated to seeking future funding that carries better terms and that can help us grow our business. As a result, we are concentrating on arranging trade financing from more traditional and expert sources of funding for our type of business. We have already successfully completed the due diligence process with purchase order and accounts receivable financing organizations; and are in the final stages with other funding entities who represent the final link in our supply chain needs. Our orders involve simple products but have complex structures because they are international. This has been a rigorous and difficult process, but we believe that the extra time and effort will be beneficial to shareholders.
The Company has decided to reschedule its investor call, pending additional material developments that are in process. While there is no guarantee that these events will occur, management will provide an update call with investors to discuss these important events in the future.
In order to help investors, partners and customers track the companys product line expansion, Verus intends to post ongoing operational updates, including photos of packaging and in-store displays, on its Twitter feed@Verus_Foods. With a seasoned team of regional, in-house product development experts, the Company anticipates a steady stream of product announcements throughout 2018.
About RealBiz Media Group, Inc.
RealBiz Media Group, Inc. consists of two business segments: an international food subsidiary ( Verus Foods ) that sells products to customers worldwide; and a real estate digital media and technology company. RealBiz Media Group, Inc. (OTC: RBIZ) trades on the OTC marketplace for early stage and developing U.S. and international companies. Investors can find Real-Time quotes and market information for the company onwww.otcmarkets.com.
Safe Harbor Statement
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words could, believe, anticipate, intend, estimate, expect, may, continue, predict, potential, project and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Companys filings with the U.S. Securities and Exchange Commission . Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Investor Contact: MKR Group Inc. Todd Kehrli or Mark Forney rbiz@mkr-group.com
Source: RealBiz Media Group
Replies:
Solid PR. I like the shift towards retail,
mikeyt1818 on 6/21/2018 4:30:58 PM
Report TOS
RBIZ news Thursday, June 21 2018 4:13 PM, EST Realbiz Media Group/Verus Foods Reports Q2 Fiscal 2018 Results, Provides Corporate Update GlobeNewswire "Press Releases"
Gaithersburg, MD ., June 21, 2018 (GLOBE NEWSWIRE) -- RealBiz Media Group, Inc. (RBIZ), currently operating as Verus Foods (the Company), yesterday announced the financial results for its second quarter of fiscal 2018, ended April 30, 2018 . In conjunction with these results, the Company is also providing a corporate update.
In terms of Q2/2018, management is noting the following items of importance:
For the first six months of fiscal 2018, Verus revenue totaled $2,234,444 , a 102% increase over the $985,068 reported in the first half of fiscal 2017
For the comparable six-month periods, Total Operating Expenses showed a 22% improvement at $991,645 in the first half of fiscal 2018 vs. $1,275,738 in fiscal 2017
Legal and Professional Fees in Q2/2018 were $168,280 and accounted for 31% of the Companys operating costs, but are expected to decrease following completion of the spin-off
We are putting the finishing touches on 10 SKUs and have begun designing a dozen additional products, with a goal of steadily adding to our portfolio throughout 2018, explained Verus CEO Anshu Bhatnagar . As we previously communicated, we are shifting from a wholesale to a retail focus as part of a strategy to create a more valuable distribution network, beginning with about 2,800 locations. Our SKUs are not private label versions of existing products but are based on original recipes under our own labeling and branding.
On a forward basis, the Company would like to provide the following update:
Verus has completed and filed all of the required paperwork for the NestBuilder spin-off and that process is at the Secondary Review level at FINRA
The Company is in the final due diligence stages of multiple forms of trade financing
Verus has completed labeling, packaging and is fine tuning the formulations on original, proprietary product offerings for its starting 2,800-store network, with a Phase 2 rollout planned later in 2018 that will significantly expand this initial store base
The shift from wholesale to retail is underway, which will greatly improve margins on future revenue streams
The Company can confirm that it is in talks with Asian, South American, and North American food companies that have an interest in entering the Gulf Cooperation Council (GCC) markets
Verus can confirm that it has its first business proposals from South America , which will only be implemented pending the outcome of current financing discussions
The recent increase in our share count is from conversions connected to financings from a time when our capital options were restricted by lawsuits and spin-off delays, said Verus CEO Anshu Bhatnagar . However, we remain dedicated to seeking future funding that carries better terms and that can help us grow our business. As a result, we are concentrating on arranging trade financing from more traditional and expert sources of funding for our type of business. We have already successfully completed the due diligence process with purchase order and accounts receivable financing organizations; and are in the final stages with other funding entities who represent the final link in our supply chain needs. Our orders involve simple products but have complex structures because they are international. This has been a rigorous and difficult process, but we believe that the extra time and effort will be beneficial to shareholders.
The Company has decided to reschedule its investor call, pending additional material developments that are in process. While there is no guarantee that these events will occur, management will provide an update call with investors to discuss these important events in the future.
In order to help investors, partners and customers track the companys product line expansion, Verus intends to post ongoing operational updates, including photos of packaging and in-store displays, on its Twitter feed@Verus_Foods. With a seasoned team of regional, in-house product development experts, the Company anticipates a steady stream of product announcements throughout 2018.
About RealBiz Media Group, Inc.
RealBiz Media Group, Inc. consists of two business segments: an international food subsidiary ( Verus Foods ) that sells products to customers worldwide; and a real estate digital media and technology company. RealBiz Media Group, Inc. (OTC: RBIZ) trades on the OTC marketplace for early stage and developing U.S. and international companies. Investors can find Real-Time quotes and market information for the company onwww.otcmarkets.com.
Safe Harbor Statement
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words could, believe, anticipate, intend, estimate, expect, may, continue, predict, potential, project and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Companys filings with the U.S. Securities and Exchange Commission . Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Investor Contact: MKR Group Inc. Todd Kehrli or Mark Forney rbiz@mkr-group.com
Source: RealBiz Media Group
Replies:
Solid PR. I like the shift towards retail,
mikeyt1818 on 6/21/2018 4:30:58 PM
Report TOS
RBIZ news Thursday, June 21 2018 4:13 PM, EST Realbiz Media Group/Verus Foods Reports Q2 Fiscal 2018 Results, Provides Corporate Update GlobeNewswire "Press Releases"
Gaithersburg, MD ., June 21, 2018 (GLOBE NEWSWIRE) -- RealBiz Media Group, Inc. (RBIZ), currently operating as Verus Foods (the Company), yesterday announced the financial results for its second quarter of fiscal 2018, ended April 30, 2018 . In conjunction with these results, the Company is also providing a corporate update.
In terms of Q2/2018, management is noting the following items of importance:
For the first six months of fiscal 2018, Verus revenue totaled $2,234,444 , a 102% increase over the $985,068 reported in the first half of fiscal 2017
For the comparable six-month periods, Total Operating Expenses showed a 22% improvement at $991,645 in the first half of fiscal 2018 vs. $1,275,738 in fiscal 2017
Legal and Professional Fees in Q2/2018 were $168,280 and accounted for 31% of the Companys operating costs, but are expected to decrease following completion of the spin-off
We are putting the finishing touches on 10 SKUs and have begun designing a dozen additional products, with a goal of steadily adding to our portfolio throughout 2018, explained Verus CEO Anshu Bhatnagar . As we previously communicated, we are shifting from a wholesale to a retail focus as part of a strategy to create a more valuable distribution network, beginning with about 2,800 locations. Our SKUs are not private label versions of existing products but are based on original recipes under our own labeling and branding.
On a forward basis, the Company would like to provide the following update:
Verus has completed and filed all of the required paperwork for the NestBuilder spin-off and that process is at the Secondary Review level at FINRA
The Company is in the final due diligence stages of multiple forms of trade financing
Verus has completed labeling, packaging and is fine tuning the formulations on original, proprietary product offerings for its starting 2,800-store network, with a Phase 2 rollout planned later in 2018 that will significantly expand this initial store base
The shift from wholesale to retail is underway, which will greatly improve margins on future revenue streams
The Company can confirm that it is in talks with Asian, South American, and North American food companies that have an interest in entering the Gulf Cooperation Council (GCC) markets
Verus can confirm that it has its first business proposals from South America , which will only be implemented pending the outcome of current financing discussions
The recent increase in our share count is from conversions connected to financings from a time when our capital options were restricted by lawsuits and spin-off delays, said Verus CEO Anshu Bhatnagar . However, we remain dedicated to seeking future funding that carries better terms and that can help us grow our business. As a result, we are concentrating on arranging trade financing from more traditional and expert sources of funding for our type of business. We have already successfully completed the due diligence process with purchase order and accounts receivable financing organizations; and are in the final stages with other funding entities who represent the final link in our supply chain needs. Our orders involve simple products but have complex structures because they are international. This has been a rigorous and difficult process, but we believe that the extra time and effort will be beneficial to shareholders.
The Company has decided to reschedule its investor call, pending additional material developments that are in process. While there is no guarantee that these events will occur, management will provide an update call with investors to discuss these important events in the future.
In order to help investors, partners and customers track the companys product line expansion, Verus intends to post ongoing operational updates, including photos of packaging and in-store displays, on its Twitter feed@Verus_Foods. With a seasoned team of regional, in-house product development experts, the Company anticipates a steady stream of product announcements throughout 2018.
About RealBiz Media Group, Inc.
RealBiz Media Group, Inc. consists of two business segments: an international food subsidiary ( Verus Foods ) that sells products to customers worldwide; and a real estate digital media and technology company. RealBiz Media Group, Inc. (OTC: RBIZ) trades on the OTC marketplace for early stage and developing U.S. and international companies. Investors can find Real-Time quotes and market information for the company onwww.otcmarkets.com.
Safe Harbor Statement
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words could, believe, anticipate, intend, estimate, expect, may, continue, predict, potential, project and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Companys filings with the U.S. Securities and Exchange Commission . Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Investor Contact: MKR Group Inc. Todd Kehrli or Mark Forney rbiz@