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It is called a lease, contract with the building. Possibly they can sublet the office as most employees work from home. I am sure they are trying to do that.
More importantly getting contracts, getting revenue is a far more important item. As they can have a rental agency try to remember their lease. Unfortunately many office spaces remain empty during a recession so it takes time to get a building subcontracted
My concern is revenue and over all cost. Yes, I love the shows. When I have time at 78 going on 79 years I watch them. Busy at work and busy making healthy choices plus exercising in my spare time. Love getting up at 5 am to start my day. Constant great ideas come to those that spring up bright and early. One can plan ones day and accomplish a lot. Best time of day for a walk before a light breakfast. P.S. In Zion, Illinois our cookie factory was known WORLD wide FOR THEIR FIGGY NUTTENS . Gosh, I miss them. Real people, real jobs and good folks still in the area
Most likely as we only see no sign of McKinney or Rory about Verbs status. Silence is not good when you know everyone is aware of your results. One can create lists to show how sad that so many of us are down at least 90 to 80 percent. One can write many, many times using boards as an outlet for their pain. Ultimately nothing can get done unless Rory admits his frantic running around to keep verb afloat. He needs to cut everything down to the bare roots to move ahead. Cutting his salary down with others that have brought verb to it's knees. Raising money is dumb when you do not concentrate on closing contracts and doing conferences to get buyers. Too many ...the biggest percentages of power can see through all of this. That is why we are down here. Yes, I hold, yes, I am way way down,. Yes, I have averaged down like a dumb fool. Then, I work for a living and have no sense of the word retirement. I like working and do not feel pain when it comes to objects.
Let's think positive and hope we cut things down in order to have a chance at continuing. Possibly sell off non performers like both and some other non choice earners to pay off this newest loan. After all that is why he got the last loan and hired a company to find buyers for pieces of our software. Please correct me if I am wrong. Rory painted himself in a corner this time as did he with all us little investors that put hundreds of thousands into our titanic. I am sure investors are upset with him too.
JJ..I meant we need thousands of more sellers with their merchandise. If we had a million of them We might be able to zoom zoom like zoom.
Let's just hope a miracle happens before mid 2024. We could sure use a Christmas miracle by now
If Rory and his pals on Two minutes started to close contracts I would not have to meow so loud. I might purr a bit. Unfortunately, miracles happen, but not often. Just fill our stockings with some credibility so Christmas in another week does not seem so blissless, listless and pretty near gloomy to be put it pointedly.
Truly need news of more closed contracts. The sooner the better as that adds revenue to our bottom line.
Especially, if we only get eight percent of one million our quarterly total would be only 80,000. So far we have not had an indication of sales breaking a million bucks this year. It would take thousands of sellers to do one hundred million in sales in order to get up to 8 million bucks .let alone 800 thousand bucks.
Need to see saas contracts and teams contracts and obviously more sales people coming in. My projections for now are not inspiring.
Hoping someone comes in and buys up verb for two bucks a share.
Is there anyone out there. Any one would do. Not picky...HELP
Rory is very aware of what can get financed. My feeling is RS has to be done. Most likely ten for one. Less shares obviously. Shorts would be reduced from 6 million shares to 600,000 shares. Plus less then 11.6million shares outstanding to deal with. Big possiblity of getting back up to 35 cents before March 15th. Sellers should be out before that time. Less spending, less employees .more cuts and down size people that take up space..like Denise and other useless overhead. I am sure there is a lot left to be done. Beef up sales team only where they can prove they are getting clients in and valuable contracts. Boy would I cut, cut
You are right about timing for RS will be interesting if some of our old software sells prior to that. Only two more weeks til end of year and end of sell offs
Rory likes the line light. Maybe he and McKinney can put on daily shows. We should see them working to actively make money...rather then sitting and talking about nothing to do with verb.
Possibly the 6 plus million shirts might start closing their positions. Lol. What do you think??? I think I made a funny
That is appalling. People shop seven days a week. Time to make my buttermilk blueberry pancakes. Weekends are great to just recoup energy and relax. Why no shows. I guess verb is on a break too
They hired a firm that cuts costs to avoided bankruptcy. Continued cutting is inevitable. Market is catching on. Time is an element. Rory has money to add if it spells not shutting the doors. He could reduce Kate's salary as she only is a figure head not a true sales person that can get contracts. I suspect she knows that she is dispensable and will work with verb to continue on. Rather that then being laid off. Money pit is dry so all there have to work together.
As to RS. Most likely in 60 days or there abouts due to market conditions as a whole. NASDAZ listing long term is important. That we as shareholders may have two more years to average a bit on the downside is a likely scenario before we can even get near to a rocket launch. To shut verb doors I HOPE
NOT. MORE Likely A TEN FOR ONE AND THAT Would VE AFTER WE GET BACK TO OVER THIRTY CENTS A SHARE . IMHO. NO Guarantees I AM RIGHT. Just feeling it out on past experiences. I did pick up more verb recently as I had been saving up for it if it reached a certain area. Still may get more before end of year. Just waiting to see how much more shares will be scared out of people by negative posters. Verb can keep door open by really cutting back so it is a matter of constraint and watching for news or chart swings. Not paying attention to wild posts or lists. Really a matter of dollar and cents. Rory has to have total attention to company and not be distracted by TV shows which actually lay him wide open for negligence as a ceo not tending the company as a fiduciary responsibility. I tend to think he knows he cannot pass the blame or buck to others. RESPONSIBLITY lies with head of company. We are concerned about our assets in verb. Rory needs to be concerned about all his assets at this point in time. No threat..just stating the obvious. Board also is responsible for reckless raises and bonuses. So yes, I do not think they want personal suits filed against them for lack of being responsible. Verb has to get lean and mean. So gogo verb and get contracts in. Gogo verb and stay focused on all fronts. Plan on ways to expand that do not raise budgets. Referrals getting referrals and signing contracts is the key.
No one ....as the company has saas and is bringing in revenue over ten million a year. Better reach in your pockets for a longer period of time to call this a scam. Lots of companies are way way down. Rory has had a clutch and will have to dig out of it with his team. They realize this is a public company and they had to reduce salaries. Personally. his salary is still too high for the amount of money verb brings in. He knows that law suits are a dime a dozen and does not want to be the one it is filed against. His costs cutting will have to continue. So relax as no one gets his part at this time. Dig deep sir and possibly pick up some bottom stock. Yes, it could go down with selling end of December, but confident we will see some very positive sparks flying in the air before year end.
Verb has no other options but to do further cuts. Money wagon has dried up. Now they need to rebuild all sales to lift revenues and start to get closings on other contracts. Daily meetings to get all caught up each day is important. Especially if some leads are near to completion. Plus additional seminars are needed to connect to new clients.
Tunnels are built now with lights and multiple access routes.
Sales teams need to stay in constant contact. Each area needs to bolster the next and access new codes.
The party has just begun. Only two plus weeks til end of year. If there is more selling for tax loss the ability to buy again after thirty day window is closing. Some contracts will close in 2023 which could have verb moving up at least twenty to fifty cents. This making it far harder to rebuy at low prices. All depends on how previous contracts were structured. Great amounts of news could be hitting us in our first quarter. Fourth quarter and year end should show some improvement with Market. Then multiply that at least ten times for 2023 as this side of verb will continue to grow quickly. Things catch on when one does not need to rent hundreds of store fronts or have to pack up all merchandise to go to a county fair, or travel to individual house when you can have direct contact on line with shopper and efficiently mail items out directly after purchase. No fuss and far more profitable
Plus games such as football, hockey, soccer, baseball, fuze all, tennis, basketball, skating, tumbling, and even musical tapes are going to be strong on Market. Live. Plus blowing items for individual players. Every sport will want to have a presence in Market.live for selling their wares. Sports of any sort is an essential life line for all areas of our populations. Plus concert goers. Millions of groupies love tapes, t shirts, mugs and signed styles to hang out at concerts. The tip of the iceberg only comes out March 15th. This Market is worth billions and it has easy access on market live.
As far as charts with verb. Little to no news will set verb to climb up over previous lows. If it does trip lower I certainly will be grabbing double of what I recently purchased. Yes, it is a risk, but so is staying alive and living ones life fully daily. Not a couch sitter. The trail to Market, live has been laid. Only more and more exposure will happen daily. It is not costly to set up a store front and can only expand daily. Whether one buys a new purse, back pack,. New shirt or fancy belt to attract attention to their assemble the stage has been set. Just be enthusiastic. Gather an audience. Offer discounts with multiple purchases. News is spreading and audiences are getting stronger and bigger. Referrals of this new way of shopping is starting to take off. Bigger companies are coming in. Why would anyone not want to be on this market live to spin ones product to growing audiences. Affordable products.
Yes, there are billionaires out there. Possibly specialty cars could be bought on line like this or even demos of castles around the World. Get a list together. Set up your times and invite your special clients for buying yat has, jewels, and multi million dollar art pieces. Market, live is clean and easy. Just need a client list to interact. Even Elon Musk must have a special list of people he reaches out to. Billionaire and millionaires like to be involved from afar with others of their elk. They do not need a body guard to shop here and yet they can I tract like anyone else and have a fun time getting the items they want. Reach for the stars as my sales family would say. Build the tallest building or even fly to the moon. All is possible. Verb has not ended. Rather verb has just begun. The climb back up will not happen over night, but it is happening .
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We have revenue of close to ten million a year. Cut costs and continue lay offs with getting some descent contracts and verb will break out. Lots of manipulation going on.
Institutions are in n by close to over 8 percent. That means they have added. No one aftermarket crashes needs more loss carry forwards.
Cut Rorys salary to to 250 k and McKinney to 125 and Cfo to 150 and that would help during this depressed period. Plus cut board members another twenty five percent. Time to get rough and tough as Tina Turner would say.
Time for Rory to put on his gloves as nd fight for verb
Would like to pick up more. Just waiting for final days of year end write offs. If we can get news after that it would spark some descent buying.
Rory needs to do another 25% reduction on upper management pay checks in Jan. As he has to cough up interest money on first payment to Woo. Plus in sixty days if verb gets up to .20 or .30 a RS would put verb back on nasdaz after RS. Just have to hit it with lots of good news and revenue. Arch 15,the is not going to be an awesome time. Therefore Rory needs to stop spending...period. his revenue still sucks. Plus playing roles on TV does not help verb in any shape or form. If anything it looks like Nero playing his fiddle while Rome burns. Get back to office. Get back to appointments. Get back to hands-on control and stop passing the buck. Me Kinney that means you and CEO and CFO. Get it done. None of us shareholders can get you stuff. Nor can investors or institutions. Depending yourself and staff.
I bought 10,000 more shares. Verb is not folding. They, staff are working to get cuts down, revenue up. Still over a buck on average. Let's see in a few years when verb breakout with great revenue where we will be at. Let's pray for a contract soon
No one is happy as to where we are. Now it is a matter of extreme cut backs that have long been needed because of so many failed previous packages put together. I do believe the three items we have now can keep verb alive
Yes, most likely a reverse split. They hired a firm that helps besieged companies that have financial problems. They hopefully will be effective and get the costs down and revenue up. Money market is close. If we do a ten for one RS. There would be about eleven million shares out. I am sure Rory would do an offering after that.
Holding and most likely adding when I feel there is some substantial evidence of us moving forward.
Yep,. Plus institutions are almost 8 percent long. Feeling good about recent Market.live. definitely a great way to buy and even gift. Still long and see long term future. Possible RS if we want to be in Nasdaz. Downsizing to continue while revenue develops. Verb has saas which is amazing and Market. By now most buying are bargain hunters. Sellers tax losses. Traders for pennies are not worth talking about.
What percent of institutions are left in verb. .7.34 still and over 8.64 percent of float. ....insiders own over 14.5 percent of shares.
Rest is us guys and traders and a few shorts still trading like jackets.
Good news would take us up a lot. Hanging in and just sitting back during holidays
Remember mcic...long time ago a discount phone co. Went from pennies after dropping to big bucks..then it went away
RS before another 200 days passes. Plus curious to know what % of institutional percentage we have now. Up or down. Guess???
Over 200 viewers at one point. She did a great job. Interesting to see her potential. Nice to know she will continue doing live shows. A step in the right direction and we need thousands more just like her. Hope she spent her money on ads for we ONLY get x paltry 8 percent.
This gal seems to be the first to sell in a committed way. The big ones need to commit to this too. Dynamite gal. Wishing her success ....though she will be successful as she is doing it the right way.
As far as I know. Until we hit a dollar before 180 days are over verb is at risk for a large revers split. Company has no choice unless we see some big contracts . Sooner the better
I am still waiting. Ragged edges still around. Rory and gang need an announcement of a contract that bring an 8 k with money attached. That will boast moral. Rest of us are sitting and waiting for something big ..if it ever comes???
Over 200,000 shares wanted to buy at .14 right now. We are having modest success with MARKET.LIVE.
INTEREST IS GROWING. KISS...keep it simple simply. Nice to see big buying coming in. More to come before end of year. Heat will start coming in to buy pretty soon..
Pretty sad day to see it down. Most have sold for tax right offs. They can buy back in thirty days if they want. All depends on where they see revenue and pot of money. There is no choice IMHO but RS in 2023 at ten for one. May sit back til I see stability. Yes, I will hold as I do not need a write off. Could see this go lower since not many are capable of fighting bigger guys with our little purchases. So be it. Rather save my coins til I see heavy buying. By that several hundred thousand shares being bought up at once. Right now too much bailing.
Cheer up fellas as the news out today is excellent. Products coming out are from my favorite stores,. Target, Best buy and several others. Audience is growing. Happy to see popular items coming out. This is very encouraging. Love targets pj sets as gifts. Plus bubble bath and bathroom accessories. Always can use new towels,. Soaps and new scrubbies..finally some real revenue and the lady is awesome.
Hope is being replaced with vision. Good products spell better revenue too. Plus sales will start up. Nice weekly shows to look forward to. Plus we know quality will be good.
I see a light at the end of this tunnel. Let's hope other big names appear too
If Rory spends less than one million a month and continues to slowly gain cash for payment on interest due in four months then verb may break out before 180 days
Too many investors are holding . Some solid to take a early tax loss. Others simple averaged. Little shareholders are so far down the ones that sold could miss out on recovering money before ,2024.
March 15th will be an important time to show leadership. All boils down to increased revenue and cost cutting. No more crazy bonuses or raises for the next few years. Verb will have to struggle forward. There is hope.
Like a stampede of lemmings going over a cliff. Some contracts and presence in a positive way would be helpful. No seminars, no conventions , just hopes and quandaries that need answers .
Third quarter remarks are meaningless as there are literally no substantial answers to this mess.
We take in over 9 million revenue ayear. With that in mind the stock should be higher. Plus MARKET IS GROWING. PLUS SAAS IS GROWING, PLUS OTHER AREAS HAVE SHRUNK THAT COST TOO MUCH TO RUN. PLUS EMPLOYEES HAVE SHRUNK. NOW WE NEED CONTRACTS AND MORE REVENUE ANNOUNCEMENTS TO GET VERB BACK UP TO REBUILD CONFIDENCE.
POSSIBLY INVESTORS WILL BUY UP VERB AND REPLACE SOME AREAS THAT WORK STILL AND BE MORE EFFICIENT. PLUS KEEP RORY ON WITH ZERO PAY AND ONLY A BONUS WHEN HE doES GET A CONTRACT THAT PAYS. SAME WITH USELESS BOARD AND OTHER FAT CATS HANGING Around. NO ONE GETS MONEY TO LEAVE. POSSIBLY A LAW SUIT INSTEAD FOR CARELESS USE OF FUNDING. OR OFFERING CARROTS THAT NEVER PERFORMED UP TO STANDARD. THEY SHOULD HAVE NO PROBLEM WITH THAT AS THEY ARE THE ONES THAT DUG THIS HOLE
One thing for sure. We are undervalued. 100 million shares times fifteen pennies is 15 million bucks. People selling are idiots as we do over 9 million in revenue a year .
Someone would loan 4 million to give 5 million on that alone. Investors are not going to stand by and let their investment piss away.
Just looking for a few bigger stores to come in. Maybe a big surprise for us in the new year when huge returns come in to stores. Huge sales start at that time with 70 percent off. My kind of shopping.
Hope we spend less on ads and have sales team calling teams to get people signed up. Possibly a stronger company will come in after buying over 5% of company to nodge idiots out of company that created non useable software and exposed verb to problems.
Let's hope there is awareness from huge investors that have gathered up their thoughts to nudge idiots out and take over the helm in a more progressive way. Possibly a reverse split to knock out unnecessary undervalued warrants at low prices. It will not only raise the price but make verb a tighter company.
Corporate heads that including board that have been overpaid will have to find other work. Parts of verb will survive once we know there are solutions that help all of us long term. Yes, still saving as the company has put out shoddy ideas to go forward. Hopping we have better guidance in the near future. None of the little fifty shareholders plus nor I have the coin to change the stock price. A new group or person with a clear head needs to come in. Hey, how about a big team owner. Billionaires are out there and this company run by a descent group could do great. To break even most of us need the stock to go up ten, twenty or fifty times to where it is now. Verb is a disaster and Rory is hiding doing none verb things along with other important people. Time for a better group to come in.
Weekends are the best times. Prime time. When I get home from driving several kids to special schools after 7 hours on the road I just want to eat a peaceful dinner and get to bed. I prowl stores in weekends and meet friends. Clean house and watch TV to see if there is something I want to buy.
All of us angels are wishing upon a star that some positive news on spending revenue come out to overshadow this huge time of grief we are all going through. Some are hopeful,. Some only think the truth is the way,. Others chase smoke and mirrors,. While some of us ask for answers that touch reality, yet a few are still in total disbelief that ant CEO could be so unsuccessful for so long. On bended knee we ask that our prayers be heard. That our sales team equips itself to get contracts that are so DESPARATELY needed.
Rory would like to hear the percentages on Black Friday and shopping. Well, try to count money that we get and do not concern yourself with Worldwide numbers. We need revenue for verb. I could give a hoot what other companies are doing. Only concerned with verbs numbers
Only 23 more days til Xmas. A bit over two weeks to perform than Christmas and Christmas Eve and then New years Eve. Quarter almost over. Please watch budget as verb needs to perform on what we bring in .
Plus we need to make interest payments. Only way that happens is a RS in Feb. And looking for money to carry us forward. I do hope our forty folks start to pray for some contracts before quarter is over
All over the suburbs new cable is being put in or redoing it . Really cool here in Midwest. Down south tornadoes are making it imperative to do. Let's get creative and get some contracts. ...or is that not part of the current plan
Though hustled we are stuck in verb. Praying for saas contracts to support company. News I hope will come soon. Lists are great. Not condemning that. Not a club joiner as Groucho Marx used to say. If a club would have me...something is wrong with the club. More a realist and want to see news after dismal third quarter.
Let's all take a moment and pray that things being worked get signed. That is all I want before end of this year. Time marches on without many soldiers coming home.
If a reverse split it will go down again after split. Yes,. Not thrilled with selection of possible gifts. I really hoped we would see the furniture company with plates and glassware. Plus perfume or nice clothes from a large store with discounts. So far my wishes are not happening
I wish we had more than 30 or 40 that are bullish when we are currently bearish on charts. Yes, oversold. Traders are trading. Shorts are playing less as it is boring to flip for pennies.
Holding and sitting with my miserable pile of stock. Praying for some news or even a small contract. As long as it brings in revenue any contract is better than nothing. Plus get some referrals for more closures. Just hoping something pops up. Only four more weeks til end of fourth quarter. How fast time flies. Then March 15 the could bring on some glome and doomed moods. Hope not, but not seeing much contract closures at this point.
Maturity level is reminiscent of kindergarten counting and grouping by an item. Redspeed is hopeful. We all are ,but proof will only show up in cost cutting and revenue. Too many times all of us have been disappointed. Not putting a list out there. Remember Schindler's list...oh well you all are all too young to remember. Night all. New week ahead and ai get up at 5:00 so it is night night
Rory needs to show on two minutes market live shopping.. demonstrate it and buy at least one million in products while showing it. In other words he needs to increase the 8 percent to at least 24 percent. That is the only way verb will get back up. In the mean time we hold. Accumulate ...maybe. Rather see my bank account growing two k a month and not going down. Cash is king. I already hold a handful of over priced shit
Obviously I have no money at this time asit is in verb. I suspect all other morons are a bit tight with their wallets too. My money will go for a class action suite if the top guys at verb screw up to find a their I'll gotten gains. Otherwise,,,I am hoping the head guys get it together.
Honesty is the best policy. Still we have saas and Market and several other areas that work.
Yes, laid off employees can sell stock
Yes, laid off employees can get unemployment.
Possibly some other additional help such as food stamps and housing too
Verb has to keep a tight budget from now on. Any screw up will demote law suits. That in itself means the board and Rory plus higher ups are duly responsible. A few more board members may drop out. Remains to be seen as for them it is too late to do that now that handwriting is on the wall. They need to bring in contracts too to prove exorbitant salaries they approved if with so little income coming in
Less negative and find a bit more positive would be helpful. Or is that not possible for so many of us here???
We have some great software..time for verb to use effectively what they have and sell for contracts and better revenue. Give commissions to sellers. Not stock and pay. Let them earn after money comes in for sales. Freeloaders are history. Work harder for your money