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Oh, yeah I do have an account, same name.
Not sure I know what ST means, so I'm going to say probably not.
well over a year, They looked great last spring then went dormant after the 2 big financing announcements. Entirely unresponsive to every communication attempt I made for months. I had another stock with KCSA so I asked about ATVK and learned they were no longer represented.
They are not represented by KCSA any longer, the website needs updates. I spoke with KCSA months ago on the matter.
Probably just Monday morning optimism, by tomorrow it will probably go down again.
o they are going for financing and selling more shares(dilution). The price is likely to go down save for the pumpers.
I'll bet all the investors AGP brought in would too.
The company SP is $1.77 down from about a year ago near $45 .....
That's a Stone-Cold Lead-Pipe LOCK !! ...
Those would be OFFERS to buy or sell, the actual number of sells and buys, by definition, must be equal.
If integrity = BS then I agree
Thanks, I added some links a few months ago when I was the only moderator left.
Still liking XALLES
I could use a pop too.
The only thing is that we don't know that's happening. A year ago they supposedly procured massive financing, then everything went quiet. Their website is stale, with incorrect info, their DNS registration was just renewed, however all the contact info is useless, even the contact email on the registration is to an expired domain name. They never return phone calls, faxes, emails. They have gone dark except for the filings. If I lived closer I'd swing by their address in person for an update.
Ridiculous, I have about the same invested as him. And all I have left is dust.
Anyone find out much yet on Chaka Renee Mann, the new controlling holder, who apparently became so by purchasing $4K of Series C Voting Preferred Stock? I assume it is he that has decided to increase the authorized shares of Common Stock from 185,000,000 to 435,000,000.
So far all I find is this headline and I don't know if it's even the same person.
Chaka Renee Mann v. Delmonico's Steak And Lobster House Et A
https://www.plainsite.org/dockets/2w40n9x9r/superior-court-of-california-county-of-los-angeles/chaka-renee-mann-v-delmonicos-steak-and-lobster-house-et-a/
That I agree with you on. It's called investing for a reason, it's not a bank account, it's a loan to do business. I have no delusions on that, however seeing such a drastic move to take investor money and had it over to other investors at a steep discount, doesn't speak as much loyalty to existing investors as they have given him. He gave all the best opportunity to new investors on our dime. I don't see any way around that, that's an a$$hole move in my book.
But wouldn't you like to have the money you spent at $8/share now to buy at $2/share and have 4x the shares so when it goes up you have $4M instead of $1M?
Insert your own numbers, in the end it's about ratios.
So getting DD from Rory videos was what?
Thought I did, I was wrong.
I'll be a lot more enthused when I start seeing taggs show up outside of the Verb circle of buddies. When D2R Marketing, who is getting paid to promote Verb, publishes a tagged video, that's not adoption, it's advertising. It's not revenue, it's advertising expense.
When we start seeing them show up randomly for everyday products, from otherwise disinterested parties, then we can conclude there is solid sustainable traction. When I see it built into my outlook client or popping up all over social media from people that don't know Verb, I'll be happy. As of right now, Rory took a huge loan from all the longs, in order to give other investors the opportunity to buy shares at $2, at the long's expense. I paid $41/share so they could sell my investment at $3.14 and watch it plummet to $2.09. That's not cool.
The list of missed dates, vapor clients, misguidance on share price and value, is something all the pumpers ignore. I've lost near 6 figures, that's cause to not be glowing with enthusiasm. The more money I invested hoping to average down, the more it's gone down. Rory needed his longs to hang in there so he could borrow from them and give it to AGP and their investors. We'd all have been better to have sold and maybe bought in now at a near record low. He BSed us until the 11th hour, just to save his own investment from bankruptcy. Remember him saying the price of $7.65 was a plug number going to NASDAQ, and that "it will be based on the price at the time that they close the offering". We are all painfully aware that offering price came in WAY below the market price at that time. How was that not willfully deceptive? By that time, no one could afford to sell and recover the 5-15% they had left.
Disney
Universal
Warner Music
Sony Music
Perhaps one of the more faithful longs can help with the beefed up DD on those contracts.
I have tried to contact the company on many occasions, using all available phone numbers, email addresses, fax number, KCSA (who no longer represent them). Never once have they responded nor answered the phone. Maybe they are out in the shop working.....
Layoffs?
That would be excellent
thanks, they always file late
I don't believe that is correct. I understand he put in 2.8M to start the company, but if he now owns 3.8M ish shares his pps is much less than the current price, roughly $0.74. I do think he ran out of money he personally had or was willing to invest, hence the expensive bridge loan. The cost of developing and marketing CRM interactive video turned out to be far more costly than he estimated going into it. Further the drastic hit to the pps to get uplisted, means he took out a VERY deep loan from his longs, one they will never be able to maximize the investment in, because he handed that opportunity to AGP and their investors at the expense of longs that paid as much as a pro-rated amount of abt $45 pps.
I highly suspect he was between a rock and a hard place. Either close up due to running out of operational funds, or take out a deep loan from his longs. You know he must have had a tough meeting with his employees, who all hold stock too, and braced them that even though they saw highs only a month ago of $18, to expect it to fall to $2-$3 for a while. He must have been convincing for them not to abandon ship while they worked through and tried to make the company a noteworthy player in the CRM industry. He must not have felt great, having that company meeting.
I'm not pumping nor bashing, just calling it as I perceive it. All my opinion.
MY guess is that Rory didn't have any money left personally, no new investors to pull from, so he got the bridge loan to stay afloat, until he could pull in AGP based investors. Considering the massive operating cost compared to revenue, if they had not take this step the next one might have been closing the doors. This way they borrow even more operating money from their longs, while by giving it to new investors to bring their money in, with less risk, to operate a while longer.
Revenue momentum is paramount at this point. From what I've seen Rory has seemed more interested in building another company just to sell and profit, rather than to be the longtime CEO of a successful enterprise. He seems to like to 'flip' companies. Although in the NASDAQ AGP twitter video, he said what will happen over the next few YEARS, will be epic. Ice Cream party is apparently now years away. Too bad he wasn't that optimistic a year ago.
ONE thing though, is just a few weeks ago all of his employee's stock value was also at $18, and hes had to walk into the office and explain to them too, that the price was going under $3. I wonder what they thought/think?
Then who was selling today, because it would not make sense for AGP to sell that much volume at less then their own purchase price?
What do you think the chances are that he had any verbal agreements that if they made it to NASDAQ or after a certain date, an official contract or partnership would be signed and released as a material event? games vs. strategic legal tactics?
The Road to BS-DAQ.
For your repeat viewing pleasure
https://nfusz.com/super/ajax/ajax2.php?mediaid=iWp5eg
Now I know what was making the OTC smell like a putrid sewer, and why it smells a little less today.
from experience, his email filter sometimes sends things to his spam box.
I sent out a request for an investors status update to Thomas.
Thanks, any links on sources?
That was pre-R/S
In a nutshell, final S-1/A filed a few minutes ago, NASDAQ expected by the end of the week.