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Hey Rory, you know what would diminish all shorting?.......Revenue grossly in excess of spending and bonuses
I disagree, he has awarded himself generously along the way. His intentions, if "we are all in this together" are far less than noble. He still walks away wealthier than when he started, while the rest of "we" are toast.
Maybe the Sheriff will come looking for Rory
Remember Notify November? Don't expect much with Market, literally nothing Rory has done has gained traction, contributing to anything except bonuses for him on the backs of working folks retirement accounts.
For the price of the 6 figures I lost on this, my one consolidation would be seeing Rory in cuffs on the national news.
Back when Rory stated in his video that his intention was to create a company with the specific purpose being, to sell it, that should have been a red flag I didn't give enough credence. Verb has always been to make Rory richer, and he's found multiple paths ever since, after that idea flopped.
And watch the massive shorting post RS
Rory needs to cut his salary to Zero and start buying back stock with the remuneration he's already taken. He should only take a salary again when the company is profitable. No reason if "we are all in this together" he shouldn't be a bagholder too.
Uplist was the iceberg, all the lifeboats have set sail, just watching the slow sink, the poetry deserving the guy that mislead so many, out of massive savings, just to boost his ego.
Long's Patience = Rory Compensation
Has it ever really been any different? Have they ever been profitable?
People have been saying Verb is just getting started for years, it's like the boy who cried wolf.
The problem with this thinking is that just because a company is worth a billion or more doesn't mean they will allocate any of that billion to Verb. I've worked for 6 Fortune 100/500 companies and having a name attached means nothing, having the accounting department cut checks does.
Remember these?
Odoo
Oracle
Microsoft
Google
American Idol
All giant names that added little to nothing to the bottom line
How about these?
Mastermind behind Telx
Making Millionaires of Longs
Notifi November
Tagg
Ice Cream
Rocket
Seat Belts
Killin' It
Uplist will be near the current stock price
People are going to be very happy for Christmas (3 years ago)
Cash Positive Next Quarter
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Do you think he will give his bonus back when they delist?
Let's not forget that around that time and since the "cloud" marketing fad gained massive traction, and the 2 leaders were Amazon and Microsoft. Just about every major business uses OneDrive, MS Office 365 Suite, and many use Azure, which dramatically generated revenue.
I'll put $100k on it going up into the 100's of millions, oh yeah I already did and I lost.
If Rory were really trying to cut expenses, he'd start with his own remuneration, paid to him for accomplishing what? Demolishing Long Shareholders. He must be proud.
More like a high risk for share holders, high reward for Rory, high reward for shorts, little else.
Remember Notifi November?
Heard that before, everyone hoping it would only be 2:1 up to maybe 5:1, when in reality, Rory went big, 15:1 and longs, lost their a$$.
I take the approach that whatever he says, reality is the opposite.
VERB displaced all their business, especially the free trial packages?
But he will probably award himself get a bonus for simply having done it right?
Ice cream
He's trying hard to sell something few want, if he'd get that through his head, maybe they could find something people do want.
You mean all those employees that took stock for pay during COVID-19?
Most likely signifcantly more than that. Why would they want to just barely stay on NASDAQ? Then run out of runway in 3 months again.
Rory is running out of lies and stock equity fast
Is that even possible considering his share count?
The problem is Verb really isn't selling anything not already provided by other companies. Almost certainly every company has detailed analytics on their websites and live streams, and pipes that to their CRM system, nothing new. Rory, still drunk on the notion that he came up with something new, and me still sick to my stomach that I believed him too long and gave AGP too much of my savings.
At least he made one person a millionaire off Verb, himself, oh and AGP team, that he sold us all up the river to, just so he could be a NASDAQ company, which it seems will evaporate in the not to distance future.
And why is he owed so much for such lackluster performance?
NO! Rory said again that was not going to happen. ...... Again
We don't know why the stock price went down - Rory
You just diluted the stock another $11M - everyone else
You still believe the CEO?
At what? Functional is not equivalent to Useful(profitable)
Hopefully a rabbit pulls Rory out of the company instead. Best thing he could do for the share price is leave. Can anyone possibly trust ANYTHING he says anymore? The only longs not demolished by him, those that bought and held since bBooth/nFüsz are those taking bonuses and pay for colossal failure. No company would ever put up with his performance. If it weren't for him being the largest shareholder, he would have been booted years ago. He has damaged so many shareholders that have trusted him, then he's kicked them down the road ever since and slapped them in the face by taking millions in pay and compensation. It's hard not to wish him ill.
Good thing this forum thread is still open, waiting here for VERB to return to the OTC, when NASDAQ kicks them out
How much of it has he gotten back in pay and bonuses?
How much have longs gotten back?
See the problem....
When the last earnings came out, I suspected the following 3 months would be a steady slide back toward $1, it's certainly happening faster than I expected. I mean what compelling news could reverse that?, not much especially when reviewing history and Rory's vast list of missed promises and projections.
Remember when Rory said everyone was going to be really happy for Christmas? What was that 2 years ago? 3?