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We can simply go though your post history to see where you bought and the company’s fall from more than 300,000 pre-pre-pre- split to now, right?
The people who didn’t and followed your “positive no matter what” advice lost their entire investment on one of the worst companies of all time.
What you deem negative comments were all warnings and anyone who heeded them saved themselves a nightmare of losses…
"Scummy way of sticking your finger in the eyes of those whose retirement plans got wiped out… That makes you feel good?"
Not as scummy as shorty and those that supposedly got their retirement plans wiped out trying to make the value of their investment go down by posting negative comment after negative comment.
Shorty still crying when the SP is doing well.
I've noticed a correlation when VERB's SP is doing well, shorty will cry. When VERB's SP drops, shorty is silent.
Yes, it is a scam. I have had to use different brokers to buy more VERB shares. Calling Fidelity did not solve the issue, which has been ongoing for at least 2 weeks now. The rep at Fidelity said that their firm has blocked all buy orders for VERB. They could not (or would not) give a reason.
you do see the trend, no?
Still up over 44% post RS low. Up over 5% in AH. Shorty still down.
Post RS price is $8.27.
I made a mistake. I said percentages were Grade 3 math. I was wrong. They are grade 4-6 math.
My apologies.
This discussion has gone beyond ridiculous.
When someone shorts $100 worth of stock they have $100. They don’t have a debt of $100 they have a debt of the number of shares they shorted. If the stock goes to zero they owe nothing and make $100.
If the stock stays at $100 and they cover then they made or lost nothing.
If the stock goes to $500, they now have to purchase $500 worth of stock to cover but they have the $100 from the original short.
Therefore they lost $400.
$400 is 80% of $500.
You don’t even seem to comprehend the basics of your own example.
Its cute how you think the short interest positions were all opened at the low.
Shorty should be very worried.
How much will shorty be in the hole when deciding to cover?
Seems as though Verb's SP is slowly moving up towards the $22 mark.
At $22/share, shorty would be down $16.95/share (336%)
There is a definite upwards trend happening with the SP.
Maybe the following points have something to do with it?
A) Verb regained compliance with Nasdaq's minimum bid price requirement for continued listing on October 23rd
B) Verb initiated an investigation into suspected stock manipulation following its 1-for-200 reverse stock split on Oct. 9th
C) Verb was upgraded from sell to hold on October 28th
D) Short interest as of 10-15-2024 was 51.87%
You are one very confused person…
When someone shorts $100 worth of stock they have $100. They don’t have a debt of $100 they have a debt of the number of shares they shorted. If the stock goes to zero they owe nothing and make $100.
If the stock stays at $100 and they cover then they made or lost nothing.
If the stock goes to $500, they now have to purchase $500 worth of stock to cover but they have the $100 from the original short.
Therefore they lost $400.
$400 is 80% of $500.
I know this may be a little difficult for some to follow using 3rd grade math, so read it again slowly.
I had said “If shorty starts off owing someone $100, then 1 week later shorty owes $500 to that same person, how much down is shorty from what he originally owed? $400, or another way to say it is shorty is down 400% from what he originally owed.“
Shorty OWES $100, not has $100. 1 week later he OWES, not owns $500. He now OWES $400 more than 1 week ago, not has $400 more. Are you able to follow this simple math so far? How much does shorty owe again? No, he does not have $400, but instead OWES $400 more than he did 1 week ago.
Shorty went from OWING (not owning) $100 to $500. This makes shorty down %400 more from when he was down when he only OWED $100.
Some people actually listened in math class instead of pretending to know things.
Dear God….
No, they are down 80%. The have $500 “invested” and are down $400. 400/500=0.8 or 80%.
You cannot lose more than 100% of something ie. A complete loss.
This is grade 3 math. SMH.
Do you not know how math works?
Um, anything rising in value can be up more than 100%, but nothing can be down more than 100%
Yes because all the shorts piled on at all time lows and didn’t participate in the 99.999% drop.
SP is now $11.74. Shorty be down 132%.
why oh why isn’t he or any insider buying the stock on the open market?
Verb doubling from 5 to 10 is a good thing?
Shorty woke up in a bad mood this morning, I see. Can't admit VERB has virtually doubled in price since RS.
Now comes more bad news for shorty.
VERB Regains Nasdaq Listing Compliance
VERB Regains Nasdaq Listing Compliance
October 28, 2024 8:30am EDT
Download as PDF
Opens Investigation to Expose Apparent Stock Manipulation Through Bogus Fractional Share Roundup Ploy Following Reverse Stock Split
LOS ALAMITOS, Calif. and LAS VEGAS, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the company behind MARKET.live, a leading livestream social shopping platform, and GO FUND YOURSELF!, a TV show and innovative new platform disrupting the crowd funding industry, today announced that on October 23, 2024, the Company received a letter from the Nasdaq Stock Market stating that the Company had regained compliance with the minimum bid price requirement of $1.00 per share for continued listing on the Nasdaq Stock Market, as set forth in Nasdaq Listing Rule 5550(a)(2).
Separately, the Company today announces that it has begun an investigation of apparent price manipulation in the trading of its shares following the Company’s announcement of a stockholder approved reverse stock split.
On October 4, 2024, the Company announced that its stockholders had voted to authorize its Board to implement a 1-for-200 reverse stock split in order to retain the Company’s Nasdaq listing and that the shares would begin trading on a split-adjusted basis on October 9, 2024.
Prior to the foregoing announcement, the Company estimates that there were approximately 40,000 beneficial owners of the Company’s stock. Assuming every single shareholder was entitled to a round-up share, which is highly unlikely, that would mean the Company would issue 40,000 shares to address any stockholders left with a fractional share following the reverse split. However, post-split, certain recently identified brokerage firms and clearing houses have requested roundup shares totaling more than 260,000 shares of the Company's common stock - notwithstanding the fact that the Company’s total public float immediately post-split was less than 800,000.
Not coincidentally, the Company became aware of a significant increase in short positions in its stock at or around the same time – and around the same number of round-up shares as those requested by these brokerages and clearing houses.
And VERB is not the only company who has been subject to this same apparent manipulation. The Company knows of at least two other companies who are experiencing the same thing. The Company’s management is in communication with leadership at other affected companies and is seeking to coordinate efforts while actively pursuing the engagement of securities fraud counsel to investigate the facts, determine if there has been illicit activity affecting the Company, and if so, moving aggressively to hold those responsible accountable through swift private legal action as well as through the intervention of securities regulators.
“Do not underestimate our resolve to protect our company and our stockholders,” stated Rory J. Cutaia, VERB Chairman & CEO. “For those of you waiting to receive your 260,000 round-up shares, here’s some advice, don’t hold your breath.”
About VERB Technology Company
Verb Technology Company, Inc. (NASDAQ: VERB), is the innovative force behind interactive video-based social commerce. The Company’s MARKET.live platform is a multi-vendor, livestream social shopping destination at the forefront of the convergence of ecommerce and entertainment, where brands, retailers, creators, and influencers engage their customers, clients, fans, and followers across multiple social media channels simultaneously. GO FUND YOURSELF!, is a revolutionary interactive social crowd funding platform for public and private companies seeking broad-based exposure across social media channels for their crowd-funded Regulation CF and Regulation A offerings. The platform combines a ground-breaking interactive TV show with MARKET.live’s back-end capabilities allowing viewers to tap on their screen to facilitate an investment, in real time, as they watch companies presenting before the show’s panel of “Titans”. Presenting companies that sell consumer products are able to offer their products directly to viewers during the show in real time through shoppable onscreen icons. The Company is headquartered in Las Vegas, NV and operates full-service production and creator studios in Los Alamitos, California and Philadelphia, PA.
FORWARD-LOOKING STATEMENTS
This communication contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance, or achievements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, those identified in our filings with the Securities and Exchange Commission (the “SEC”), including our annual, quarterly and current reports filed with the SEC and the risk factors included in our annual report on Form 10-K filed with the SEC on April 1, 2024. Any forward-looking statement made by us herein is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement whether as a result of new information, future developments or otherwise.
Investor Relations:
investors@verb.tech
Will VERB close on HOD?
Verb on the verge of losing $10, do you think it would be prudent for Rory to release the third quarter numbers early if they’re so much better? Unless…
Yep, there she goes back up. Jst like I said earlier, VERB is being traded in a channel.
Sorry, not sorry shortie!
I can tell that VERB's increase in SP and stabilization to its current trading channel after the RS has really got your panties tied up in a knot. Shorty is pissed off that VERB isn't going to be delisted.
VERB up almost 100% since the post RS low of $5.05, and some are worried about the SP going below $10?
Hilarious! You truly can't make up ridiculous concerns like this.
Shorty starting to worry again that the SP will not go down low enough.
Verb share price, being very illiquid now, will continue to show big swings (or not) until proven otherwise…
All the diehard lackeys, um, I mean long term investors, better pray that the third quarter results don’t show a decrease in cash level from the second quarter…
Thanks for the laugh…
As I recall, the SP was about $13.35 when my last post was made.
Opening SP after the RS was $6.32.
Potential loss for shorty would have been $7.03 PER SHARE!
At one point, the SP went up to $16.13, which would have been a loss of $9.81 per share, not to mention other fees associated with borrowing.
Today's closing price is $9.85 per share. Shorty still underwater by $3.53 per share.
Shorty's plan isn't working out too well.
Ouch, that's got to hurt!
I feel sorry for those that have a short position right now.
Not really.
Rory’s forward looking statements aren’t worth the paper they’re written on…
When does the bleeding stop?
Is the reverse split effective today? They did not provide the market with 2 days notice as required by NASDAQ.
Why would Naz process it without the notice.
The CM Tier of Naz is becoming more of a joke than the OTC.
1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
If stock bashing was his day job (as everyone knows that’s only made up by people who lost out and don’t want to blame it on themselves) he would have just earned a gold star with that hard roast.
Companies like Rage have been doing this for years
The market has responded, look at VERB’s stock price…
Put the shovel down…
So people selling hats and t-shirts online can’t have their own printing hardware to print t-shirts and hats from online orders on demand?
Please explain how selling printed hats, t-shirts and other printed items on demand is groundbreaking technology…