Verb Technology Company Inc (VERB)

[luke5516]

Not an expert either, but I would say this is a very good thing. This means that Rory’s appropriate, but substantial salary will not longer be an ongoing operating cost. This makes profitability that much closer and I believe part of the reason is that it could accelerate uplisting and the attraction of institutional investors because it strengthens their balance sheet and quarterly reports. With tens of thousands of potential subscribers and the elimination of Rory’s salary, IMO profitability is greatly accelerated.

Yes, he could sell his shares someday, but they are restricted so he won’t be dropping them anytime soon. He took his last company into the end zone, so I don’t see why he would settle for a field goal here and sell early. Sure, the price is after a dip, but hey, he’s a smart businessman, more power to him. IMO we will all thank him for this move in the near to medium future.