Followers | 10 |
Posts | 2667 |
Boards Moderated | 0 |
Alias Born | 03/05/2018 |
Friday, November 23, 2018 7:56:38 PM
As an example, with your original purchase price, averaging $2.00 a share, owning 10,000 shares....a cost basis, of $20,000.
You have $20,000, of your hard earned cash, invested in $FUSZ$!!
As of close of trade today, with the SP at .21, your current $FUSZ$ position is worth $2,100...down $17,900.
The share price has to rise ONLY $1.79, one dollar seventy nine cents, for you to sell, and break even.
After a 1:40 reverse split, with the share price of .21 holding 10,000 shares....one's post split position is 250 shares, at $8.40....the value of the position remaining EXACTLY the same...$2,100, down $17,900, from the total, initial, CB investment.
BUT, BUT, BUT, to recoup that $17,900, getting back to the break even amount of $20,000, holding a paltry 250 shares after the 1:40 R/S...
.....THE SHARE PRICE WOULD HAVE TO RISE TO $80, THAT'S EIGHTY DOLLARS....EIGHT ZERO...TO RECOUP CURRENT LOSSES, AND BREAK EVEN!!
$80.... $80....$80.... $80....What are the realistic chances, of that happening any time soon.
Now, with 10,000 shares, without a R/S occurring, sitting at the current .21 SP, one major PR is, possibly, all it could take to get you back to even with a $2.00 SP...a very likely scenario.
Even showing a moderate revenue increase, when the 10K is released next spring, could get that SP back over 2 bucks. Now add the much improved fins, and a major PR or 8K, and your once "Big Red" nFusz position, could, and probably would, be green as all Hell, a substantial PROFIT!!
That's why many board members, and long "co-owners", are up in arms, about a large R/S being implemented.
At the very least, Rory, and his entire team, should brain storm 'til the cows come home, figuring out a scenario, under which an Up-list occurs to the Nasdaq Capital Market, with a R/S, as close to a 1:5, as possible.
All above...imo.
Recent VERB News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/28/2024 12:30:29 PM
- VERB Regains Nasdaq Listing Compliance • GlobeNewswire Inc. • 10/28/2024 12:30:00 PM
- Go Fund Yourself Show Debuts Private Viewing at “Million Dollar Weekend” Event, Keynote Presented by Show Titan Jayson Waller • GlobeNewswire Inc. • 10/22/2024 03:09:59 PM
- ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management • InvestorsHub NewsWire • 10/15/2024 12:21:48 PM
- VERB Chairman & CEO Letter to Stockholders • GlobeNewswire Inc. • 10/14/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/11/2024 03:28:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/07/2024 09:00:11 PM
- VERB Stockholders Vote To Reverse Split VERB Shares To Retain Nasdaq Listing • GlobeNewswire Inc. • 10/04/2024 08:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/27/2024 09:22:21 PM
- VERB Announces First of 2 New Business Verticals ‘GO FUND YOURSELF’ - First Interactive Social Crowd Funding Platform • GlobeNewswire Inc. • 09/17/2024 12:00:00 PM
- VERB’s MARKET.live Launches Groundbreaking Pinterest Technology Integration • GlobeNewswire Inc. • 09/09/2024 12:00:00 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 09/06/2024 09:00:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2024 09:34:25 PM
- Form 1-A-W - Withdrawal of offering statement [Regulation A] • Edgar (US Regulatory) • 09/03/2024 12:35:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 12:30:25 PM
- VERB’s MARKET.live Partners with BeautyStat and TikTok to Bring Exclusive Skincare Event to TikTok Audience • GlobeNewswire Inc. • 08/23/2024 12:30:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 08/16/2024 09:10:38 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 08/16/2024 09:00:13 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 08:30:37 PM
- Form PRER14A - Preliminary Proxy Soliciting materials • Edgar (US Regulatory) • 08/06/2024 09:01:03 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 08/02/2024 09:00:35 PM
- VERB’s MARKET.live Selected to Deliver Exclusive Shoppable Livestream Simulcast of the Dane Cook & David Meltzer Event “The Collab” Live From Youtube Theatre • GlobeNewswire Inc. • 07/17/2024 12:30:00 PM
- VERB’s MARKET.live Unveils Major TikTok Shop Technology Expansion • GlobeNewswire Inc. • 06/20/2024 12:30:00 PM
- Form QUALIF - Notice of Qualification [Regulation A] • Edgar (US Regulatory) • 06/12/2024 04:15:02 AM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM
Innovation Beverage Group Receives Largest Shipment of its Top-Selling Bitters to Date in the U.S.-Ready to Meet Growing Demand from Expanding Distribution Network • IBG • Oct 30, 2024 12:22 PM
Element79 Gold Corp to Update Investors on the Emerging Growth Conference on October 31, 2024 • ELMGF • Oct 30, 2024 9:08 AM
CBD Life Sciences Inc. (CBDL) Announces Grand View Research Report Findings on High - Growth CBD Equine Market, Aiming to Drive Unprecedented Shareholder Value • CBDL • Oct 29, 2024 10:19 AM
Integrated Ventures Announces Partnership And Lease Agreement with Driptide Wellness - Leading Health and Wellness Provider. • INTV • Oct 29, 2024 8:45 AM