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Right however the investment valuation is the same based on the R/S, so no point in listing both prices for most practical discussions.
We can say shares that were bought at roughly
$45 (post-R/S) or $3 (pre-R/S)
went down to lows of
$2.55 (post-R/S) or $0.17 (pre-R/S)
and today sit at
$7.10 (post-R/S) or $0.47 (pre-R/S)
$10K investment when it was
$45 (post-R/S) or $3 (pre-R/S)
went down to
$1,578 today regardless of calling the stock price
$7.10 (post-R/S) or $0.47 (pre-R/S)
I agree in that I've started companies and worked grueling hours, and invested my own money for "free" shares too. Whether or not those hours are worth the pay rate assigned, is to be determined by the future state of the company.
He's really not, because most of those shares were nearly freebies to him. Even the supposed salary conversion was vapor income, arbitrarily assigned to himself for "a job well done", then converted to stock, since there was no $1/2M in cash available to pay him with only $32K in revenue.
It's ridiculous to keep saying shorts are going to get burned. Most shorts have made a ton of money and have cashed out routinely to lock in their profits. Only a small handful of novice shorts will be unwise enough to hold overnight as the uplist occurs, but largely they've done really, really, really well.
What hurts is having paid nearly $45 for many shares and watching it go down to $6-$7. At that point your money is hostage, and feeling a bit scammed is natural.
Spot on. While there IS apparent dilution, all else being equal (which it's not), they are selling shares equal to the amount of the acquisition, thereby a neutral market cap. However, there are more factors at play, including warrants. Therefore the net value is obfuscated.
Closing on a month now, come on Mr. Nash.
I wonder if they know their domain name is expiring in 4 days?
Thanks, I didn't remember that one.
The rub is that revenue projections are founded on actual sales. Projecting value based on profit sharing rates and pricing is meaningless without knowledge of the rate of sales.
Good information to know, but just an enthusiastic pump until Q2 is released and revenue is quantified.
TIP: If you have shares in a pre-tax retirement account, like a traditional IRA, and you have a Roth IRA, when stock prices dip you can transfer those assets from your T-IRA to your R-IRA, and then pay income tax in the following tax year based on the value of the stock at the time of transfer. If the stock goes back up, now sitting in your Roth, the recovered value and gains are tax free.
The downside is you have to pay those taxes out of pocket, even if the stock drops further, so there is risk. Also I believe the amount of the valuation of the stock at the time of transfer, reduces the amount of cash you can contribute to your Roth, for the year you select(previous or current), before hitting the yearly maximum.
Might not be right for you, but good to know.
Not counting visitors, I see a lot of other sponsor marketing companies there that could use VERB interactive video.
Couple Examples:
https://www.powtoon.com/home/
https://www.mediawide.com/
The key reason is that the company has created new technology, or at least a new amalgamation of technologies, and is partnering with Tier A companies to bring it to market. The marriage of CRM with interactive video. That is the executive summary. There are a lot of layers beneath that are each equally impressive. They have had setbacks, a few bad projections and even a lawsuit, but they have a good/great idea and tenacity. The 2 things most required to succeed.
The interactive real estate video example is well done on that page
They will want to wait long enough that they won't flood the ask and drive the gains back out.
Could he? Getting money from shareholders is almost free, at least until they jump ship, whereas, financing requires paying fees and interest.
That's called getting a loan from your investors.
That we can agree on. He is getting there, but honestly it LOOKS like he shoots himself in the foot a LOT. He needs people that challenge him, when his ideas are weak, not sycophants. If he wa letting his advisors challenge him sufficiently, the market would not need to.
That's because there was no salary to take, no revenue. His hand out to himself of free shares, was pretty generous, what that did was borrow more future money from shareholders that paid for shares. So everytime people brag about him buying shares at $1.43, I cringe a little, because it misrepresents the situation. Additionally, the number of shares he presented himself, at that price was small compared to the total he acquired virtually for free to begin with, thereby averaging nicely for him, diluting for invested shareholders.
No he hasn't! Remember NotifiNovember? We were going to have a fulfilling holiday for Christmas? Uplist before the end of the year? Uplist in Jan.-Feb.?, and whole list of other fails in 2018. I get it, you craft ideas, set goals, turn them into plans, set an anticipated timeline, and try to execute on time. But it doesn't always work out as speculated. That's why good project teams add enough padding to their timelines to maneuver obstacles or even retool the project without missing those arbitrary deadlines. It appears this is not a concept Rory is familiar with. If he didn't over promise and under deliver so consistently, the volatility of this stock would have been greatly reduced. Sure the MMs are at play, but they took advantages of situations Rory kept creating. That's why at ever PR the price fluctuated so wildly. I'm all for VERB succeeding, but let's stop pretending, it is other than what it is, it hurts everyone. And let's stop pretending the valuation of the company is based on how enthusiastic shareholders are, AGP knows the valuation and Rory has had to come face to face with it. Go through through the CEO videos, he used to sit poised confidently in his chair, leaned back and pedantic, the last two videos he was in salesman mode because he's feeling the pressure of reality. I truly hope he has an experienced team and he is listening to them, I too have a lot to lose, and I paid for my stock with money, the company didn't issue them in exchange for time that was going to pass by even if I failed or did nothing, I assume you did too.
Right, Last week was MEGA ROAD SHOW, this week is wiggling in chair with oh sh!+ we got surprised. We have the best of the best on staff and still people weren't as excited about us, as us. Or maybe he still has some revenue planned instead of just building up the stock price on enthusiasm. Time will tell. Let's see the all-star team do their thing.
Investors aren't the answer they are a means.
There is one very simple solution-----REVENUE.
Everyone keeps saying, including Rory, that no one loses as much as Rory, but no one else acquired so many shares anywhere near as cheaply, so it's not even a close comparison to the rest of us that he is borrowing against.
All great points, now VERB needs people to buy.
TenKay, I argued with you about how this was going to work, and much as I don't like it, I'll man up and say you've been the most accurate voice of reason on this board, as to how the proceedings would happen. I don't know if you are invested, or in which direction, but you're information and insight has gained my respect.
Who wants to ring the bell?
Nah I think Rory is out of money to invest
You bearish, bullish, or just watching.
VERB is in the right market at the right time.
https://www.chainstoreage.com/technology/amazon-hiring-shoppable-interactive-video-start/
Seems to be a great traders stock, news is nearly irrelevant.
Total Agreement
I login to TDA
https://invest.ameritrade.com
TDA account holders.
When I type VERB into the top ticker search box, AND DON'T HIT ENTER.
I see 3 Items listed.
VERBW @ $0.00 (0.00%)
VERB @ $11.65 (0.00%)
VRRB @ $13.00 (5.52%)
I have to say, I'm wondering if that is a programming glitch revealing the offering price.
I also noticed he was standing rather than his usual kicked backed, relaxed in the chair videos. Could be excitement, could be anxiety, could be an effort to seem more authoritative..... anyone else notice the change in poise on load of the video?
Usually in his office, he's sitting.
I've noticed that on nearly every video from their website. I'm on AT&T Gigabit Fiber, Using Orbi Mesh WiFi, 2 of the top tier home office choices on the market, and have also tried hardwired, and I routinely see buffering and slowness, to the point I exit the video almost every time. Multiple browsers tried on multiple devices, same thing. Same thing on my T-Mobile phone using carrier data ethernet. I think they need to consider a different website hosting option.
Not really. Most longs and road show investors have already put everything in, that they are going to, for the moment. Who else is left to drive liquidity until NASDAQ? Mostly MMs trying to cash out a few more pennies.
Yeah I bought a bunch at $15.25 yesterday, only to watch it go down almost $1, Still that's barely over presplit price of $1/share, which is still a good price and an average down in that account for me. All Good. They call it LONG for a reason.
If you want to maximize your investment, don't sell until Rory does.
Same here, interesting company.
That's good news. Be nice to hear from the company, but not needed to simply trade a commodity.
Let's hope so. Uplist was supposed to happen last August. Thomas is a nice guy, hopefully he can keep up with his workload.