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It's hard to believe this turd is still circling the bowl.
Rory now has his excuse:
If it wasn't for the coronavirus and the market blow up, this definitely would have been a billion $ company.
If you believe that, get in line for his next venture.
The same questions continue to linger. Such as:
Why can't verb use its product to sell.
They expect to improve everyone else's sales but they have to give their product away. They evidently still have to go out and see potential clients because they can't get the job done even when they give it away.
Verb: Still in search of a product anyone wants and is willing to pay for.
PIVOT!!!
PIVOT!! Did somebody say PIVOT!!!.
Always knew it was coming.
Yes, they'll be using Rorycoin as the currency.
I think that was Rory's dad.
The verb user base (whatever that is) may have tripled but the idea that there are anywhere near one million "users" paying as little as one dollar a month is a joke.
Rory must be the only tech exec who is unable to define or count monthly active users. The only reason to explain that is how bad the facts would be for the stock price.
Yep, still a POS.
It would be pleasing if verb EVER sees ANY dollars.
Very unlikely. Buckle up for non earnings announcement.
Rory is a below average business guy with a way above average ego.
That's the problem.
When is the trip to Hawaii again?
And if nothing happens after that, at least there was Telx.
Of course not. But what it does mean is a 3300% increase in BS retention.
Never forget, Rory is a fake it till you make it kind of guy.
Verb is a bet on a hypester who's in too deep on a bad idea.
If it's so simple why can't verb break out the revenue that way for shareholders? Why do they fail to address questions on their earnings calls? How would you back into expected revenue for 4th quarter based on 900,000 "users" on the platform?
No that's too difficult, but they do calculate the exact percentage of customer retention each of those 1000 phantom "users" experience. 3300% to be exact.
Here's how it works at verb:
They give a prospective company with 1000 employees a free trial of verb.
PRESTO! 1,000 new "USERS" on the platform.
If verb said it, it must be true.
Sure it is.
The Road To series will continue soon with Rory running through airports trailed by Jeff as they travel THE ROAD TO SURVIVAL looking for new suckers (Sorry, I mean institutions).
There might be a pivot prior to the secondary offering that promises great new mind-blowing tech.
That figure is as reliable as this one:
"Clients reported up to 1100% increases in conversion rates and up to 3300% increases in retention rates."
Still no information about revenue. What is a verb user anyway?
About a year ago.
No need for DD when you can rely on HOPE.
The Cutaia System:
These "deals" from September without any disclosure of terms or financial commitments were probably free trials. Probably over by now and probably generated zero revenue. But thanks for sharing.
No real investors are buying verb. The only funds buying verb buy all the small cap pos stocks as a bundle in the hopes that 1 in 100 actually perform. Unfortunately verb is one of the 99.
Excellent analysis. Verb has always been just a story. Rory is a story teller. Nobody invested here will be able to say that they weren't warned.
It will be a "miracle" if they're still in business at the end of 2020.
Probably because hope is the only thing verb produces.
We all stood together as one group trying to figure out how we could possibly manipulate this stock like we did before.
We all stood together as one group and dreamed about how we could convince investors our stock was going up 50 X.
Don't worry PLENTY of time to enjoy lower and lower prices ahead.
Only three trading days left and still no news about deals producing revenue in 2019.
50x your $ "in very short order"?
Is that investment advice?
WOW! Institutional size trade for verb. Will he be filing a 13D or does that require spending over $2,000?
Make sure you take delivery of your verb shares. You'll want to use them as wallpaper to commemorate your investment when this is over.
If someone buys more than 100 shares of verb they're considered and "institution" by Rory and the crew at verb. Recent board member bought 1500 shares which would make him like a Vanguard or Blackrock by verb standards.