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What a disaster... the only thing Rory is good at is toxic dilution. I would be curious to know how the "Institutional Investors" feel..
#RoryNeedsToGo
I sold everything I had left. I cant believe I was stupid enough to continuously drink Rorys KoolAid.
Would be great if there was a way to overthrow Rory and kick his ass out.
He has burnt so many people and I cant believe people on the other board still think hes doing a good job...
SMH. What a freaking disaster he has created without any remorse just blaming his poor performance and lies on shorting..
This thing has been a COMPLETE disaster.
I sold everything. Cant believe people are still holding onto this. After the RS there is no hope for anyone thats been long.
RRRR - Robber Rory Rinse Repeat
Just using the company as his own piggybank.
Fancy house and fancy car and obnoxious clothing with a sh@t eating grin on his face.
You think Aegis orchestrated the run to to $0.40? I was thinking about that this evening. Could be you are absolutely right- its not a financing for the future stock price, its a financing to cover the short and give Rory the cash he needed desperately.
Honestly in my opinion 150 mil share out isnt that bad. I have been in deals with more OS thats have done well.
The bigger thing is I actually have to give Rory a little credit here if Aegis took down the entire $7.0mil - I dont think they would have done that unless there is a flip or announcement coming.
Rory keeps it alive to live another day... lets see how it plays out.
Honestly I would rather see this back to OTC.
Im being serious that is probably the best thing. However if it goes back to OTC all Institutional shareholders would likely have to exit.
Or go back to OTC which is probably a better scenario fro Rory. Then he can start the pump all over again.
My question is who is buying? Last few days there has been some volume so if someone is selling someone is buying.
Curious..
Perhaps, but who did AGP bring in for their financing and why would you do that with a RS lingering in the background. Makes more sense to me that Rory goes to Fife when he cant get anyone including AGP to do a financing.
Ok but why did they need to do this loan / financing right after they did the $4.0mil financing with AGP? I understand Rory is trying to get as much cash as possible but why not wait a few months before doing the loan? Aside from him being greedy and having a massive ego something isnt right in my opinion.
Maybe Fife highjacks the entire company, ejects Rory and actually does something with Verb. Rory has been useless. missed the biggest opportunity during teh pandemic.
When you look at the valuations Whatnot and Talkshop are getting it might make better sense for the guy to take control and actually do something with it.
I think Rory is up to something. He knows he's not getting the valuation on Market like TalkShop or Whatnot. I think he is crafting a deal to spin off Market and somehow use the $5.0mil to keep Verb operating. No sure how he would do it but just a theory.
Might sound like a dumb question but would it be AGP dumping all these shares?
If all the warrants get repriced from previous financings and lets say the price moves up a few cents and they are exercised does that mean a lot of cash in the til for RC?
The plot thickens..
Be curious to know who the $4.0 mil institutional guys are. Also I am guessing with the warrants that will add additional cash in the bank for Rory when exercised in 6 months if he can get the share price up. Is the trigger date for Nasdaq compliance before or after the warrants exercise date? Anyone know?
Unfortunately yes. Has to do a raise.
Just sucks that he hasnt done any PR to move the price up at all before doing the raise.
RS wont be talked about until Spring next year when they actually have to do it. Their reply to Nasdaq will state that if all else fails they will do it, but the actual event wont happen for a while. And when that time comes, good ol Rory will make a pump attempt before actually doing it.
Thanks for those.
Where do you see or can confirm Nancy left??
Are you just speculating?
Where did you see Nancy is gone? Shes still shown on website.
I just cant figure out why the company is so quiet aside from a couple tweets.
Really need some PR or some noise. When a company is this queit it makes people nervous, especially in these economic times.
If nobody hears about Market how do they get onboard? Rory needs to get his advertising and marketing campaign going to create awareness.
Also why is he not offering to provide it to every Etsy user for free. Why is Spopify doing the same things as Verb, "calling all creators and influencers".
Doesn't Verb have a partnership with Shopify? Why aren't they partnering and using Market? Why didn't Rory get to the Livestream Summit that Shopify put on in LA?
I will tell you why, Rory has a big fat ego problem and thinks everyone should come to him instead of him going to others. That his been his constant down fall.
Seriously if anyone reading this board speaks to him or Management can you please ask him these simple questions!
Shareholder vote??
Disclose that they received notice? I cant find it.
So would they have 180 days from the notice to correct and then if they dont they would receive a second notice to submit a plan for the next 180 days??
Are we assuming that the first 180 days to comply has already started without a notice?
Have they received a letter from Nasdaq yet or are we speculating that the clock has started? Not sure how it all works but wouldn't they have to disclose that to shareholders when they receive it or during the earnings call?
The reason we are where we are is because Rory think Market is the best livestream product out there. Thats his ego again. He wont open his eyes to the fact that there are other more capitalized companies out there doing livestream and meanwhile Rory sits at his desk thinking his product is the best. Like you say, nobody really knows Market exists because Rory isnt doing any promotion or PR getting it in peoples faces.
He thinks it will be successful on it own accord and organically grow to be the best product.
Seriously, Rory needs to step aside as CEO.
I too have been in this a long time hanging onto Rory dangling carrots and promises of something new just around the corner. "Big events coming".
I have said it before and I will say it again- the the only thing preventing this from being a three dollar stock and 40 cent stock is Rorys EGO. He has had many opportunities to build something but he keeps thinking he knows best and everyone else is a fool. "I built Telex and I will build this to a billion dollar company" that is pure EGO.
He had the biggest opportunity during the pandemic to ride on the coat tails of Zoom but if you recall he said Live was going to be better than Zoom with better features "the new version is almost ready for release" ...
Anyway, Market is the last chance. I just dont understand why the dont do any PR or promotion for Market-
What happened to partnerships with SHOP? MSFT?
I agree the BOD needs to step in and do something- or we need an Activist Investor lol
Honestly I havent had a problem with that. Works fine for me.
Im talking about an aggressive marketing and promotion campaign to get Market noticed. Not a pump and dump. Right now who actually knows about Market or Verb other that its disgruntled shareholders and the Kool-Aid drinkers on the other board.
Rory needs to get his sh*t together and do something before his arm starts hurting from dangling the carrot.
The only solution to Verb problems is PUMP RORY PUMP. Get a massive marketing campaign going andf get the stupid price back over a buck and then use the ATM to do a financing. Rinse repeat. Rory is the master of it.
My sense is that not it. One of the biggest problems with this stock is everyone hangs on to every word Rory says and or makes it a bigger deal than it is - then comes the disappointment. Dont get me wrong, I think Rory is always dangling a carrot and he knows that. I personally am tired of his constant promises and inability to deliver BUT as the saying goes, if throw enough sh*t at the wall something is gonna finally stick.
Personally for me Market is the final straw. I hope he pumps the crap out of it (like hes done in the past ) and at that point I am gone.
I have always said the biggest reason the SP is where it is, is due to Rorys ego. And it will always be a problem for the Company.
Just my opinion.
These are good finds and thanks for sharing. Shop and Vid
My sense is that the main attraction to Market will be the live stream effect and that all the brands are are there on the page along with their respective products.
Verb cant compete with Shop ut if I was Rory I would have been at that event with a megaphone and working to create a partnership with Shop.
Oh wait, didnt Rory say we already have a partnership with Shop a while ago??
The link worked fine for me. No problems.
However Im not sure how I feel about that "big" announcement.
Honestly, I just don't understand this guy. Its not that hard to get some marketing and eyeballs and news/PR out there and create awareness. I know this isn't OTC but come on.
I don't know if its Rory choosing to do all this on his own or if the BOD or someone else is advising him. Clearly this strategy is NOT working.
The definition of insanity is doing the same thing repeatedly expecting a different outcome.
Forget about coders... the biggest issue is Rorys inability to execute what he says he's going to do. VerbLive VerbMail VerbLit.. Verb EGO
Past might be the past but so far taking the stock from 2.50 to .50 in the span of 7-8 months is a refection of Rorys concept of "setting the table" . He came out with the ATM shelf offering days after an earnings call if my memory is correct and that was the beginning to where we are today withg the stock.
If Rory is relying on "organic" growth and word of mouth to promote Market there is a problem. Well there already is a problem lol.
Rory needs the momentum to move the price higher then do a raise. At least thats what I would do. If he started PR and got some traction this would easiely move over a buck. Just my opinion.
Thats the biggest thing. Nobody knows anything about Market - no PR and no marketing to create awareness.. Stock isnt going to move unless there is momentum.
Highly doubt that. Just another dangling carrot...