Verb Technology Company Inc (VERB)

[was CUIN2]

Telx actually started as a prepaid phone card company. Yep that’s right. Prepaid phone cards were used before cell phones, and were very popular because they could be used on public phones with just a swipe.

Guess what, Telx’s revenues in the early days went from 0 to $7,000,000 in 6 months! Revenues grew at a freakish rate until....you guessed it, cell phones became popular and the bottom fell out almost overnight.

The company was almost facing bk when Rory called the entire team into the conference room to discuss a new direction. Rory and team identified one of Telx’s natural strengths which was the 15 telecom companies that already had lines in Telx’s building, so they devised the concept of tele co-location hubs.

A few years later, as Rory followed the EBITDA of telecom companies, and sales multiples carefully, he found a trend taking hold. Sales multiples were dropping even as EBITDA and revenues in the industry were rising. Increased revenues/EBITDA’s were deriving lower sales multiples thus negating growth (treading water).

When Rory advised the board of this information and they decided to put the company on the market and had many, many multiple offers.

Do you want to see some super amazing technology created by Rory Cutaia? Take a look at this 4 minute video in its entirety.
https://video.nfusz.com/player/775FZ2CJ

nFusz Founder, Chairman, CEO & President Rory Cutaia was a very successful attorney in NYC for many years, working with world renowned entrepreneurs. In the year 2000 he conceived the idea for Telx, to disrupt the telecommunications industry (Blue Ocean Strategy)

Telx created telecommunication interconnection and colocation data centers in the United States. Before Telx, telecommunications companies had to invest and create their own which was very costly. Rory’s idea was to create them and allow the telecommunications companies to lease/rent hubs which saved them HUGE money.

So, in 2000 the company was started and by 2006 Rory sold it for $216,000,000 making investors 18X their money. Telx sold again in 2015 for $1.9 BILLION! See below link.

Here’s a quote from 2006 article of GI Partners purchase of Telx:

“telx's business model and prior achievements are impressive, and we are very excited about their vision and prospects," said Eric Harrison, Managing Director of GI Partners. "We believe that telx is poised to revolutionize the industry and will continue to create significant value for shareholders."

Here’s the link so investors can educate themselves and understand the success:

http://www.datacenterknowledge.com/archives/2006/11/22/gi-partners-buys-telx-56-marietta

https://www.gipartners.com/private-equity/portfolio

https://www.thestreet.com/story/13217986/1/abry-and-berkshire-exit-telx-through-19b-sale-to-digital-realty.html

Each reader/investor should contemplate, what is the share price of Salesforce, Oracle/Netsuite, Microsoft, Adobe, Facebook and what is the share price of VERB?

What is the market cap of Salesforce, Oracle/Netsuite, Microsoft, Adobe, Facebook and what is the market cap of VERB?

How many shares are available to be freely traded of Salesforce, Oracle/Netsuite, Microsoft, Adobe, Facebook and of VERB?

Compared to its peers in the CRM space, even at the brief $45 high, VERB is still GROSSLY UNDERVALUED, look at this:

1) HubSpot - $130 Share Price - $4,900,000,000 Billion Market Cap
2) Salesforce - $141 Share Price - $105,000,000,000 Billion Market Cap
3) Oracle/Netsuite - $46 Share Price - $183,000,000,000 Billion Market Cap
4) Microsoft - $101 Share Price - $777,000,000,000 Billion Market Cap
5) SAP - $117 Share Price - $139,000,000,000 Billion Market Cap
6) *VERB - $14
Share Price - $200,000,000 Million Market Cap

Salesforce 756,700,000 shares outstanding
Oracle 3,788,000,000 shares outstanding
Microsoft 7,000,000,0000 shares outstanding
VERB 200,000,000 shares authorized

Sound Concepts Purchase + the NETWORK MARKETING UNIVERSE = Success for VERB

100,000,000 individuals selling in this vertical. 1% is 1,000,000 people at $9.99 + $19.99 Activation = $29,980,000 per month or $139,870,000 per annum. IMO penetration will be much higher because of Sound Concepts Bright Tools customer base is already 600,000 and 28 MLM’s who will want higher sales.

Key metrics being 100,000,000 people and $9.99 per month + $19.99 Initial Activation
- 1% penetration is $139,870,000 per year revenue
- 2% penetration is $279,740,000 per year revenue
- 3% penetration is $419,610,000 per year revenue
- 4% penetration is $559,480,000 per year revenue

Let’s put VERB into perspective.

Some startup organizations will never land a deal with the likes of Microsoft or Oracle. Others may, but it takes years. Yet Rory and the VERB team managed to create “meaningful” partnerships and business deals in approximately 1 year with:
1) Oracle/Netsuite
2) Marketo/Adobe
3) Microsoft
4) Salesforce
5) Facebook
6) Instagram
7) Instapage
8) Odoo
9) SAP
10) Others yet to be announced

This is not just an amazing feat of accomplishment, but testimony to what value these organizations place on our disruptive technology Tagg. Think about it.

VERB Founder/CEO/President/Chairman Rory Cutaia absolutely loves this business and technology (and also being first at everything).

Here are some of Rory’s firsts...

1) Hugely successful attorney in NYC working with global entrepreneurs - could have retired - $$$, but didn’t because he LOVE’s creating, developing & winning;

2) Founder/CEO of Telx - first immensely successful pre-paid phone card company $0 - $7,000,000 in revenues in first 6 months;

3) First pivot - Telx - telecommunications disruptor created telecommunication interconnection and colocation data centers sold for $216,000,000 in a mere 6 years (resold for $1.9 Billion a few years later;

4) bBooth - first entertainment booths to video and steam American talent (American Idol/Nick Cannon);

5) 2nd pivot to VERB - worlds first interactive video CRM/social media platform with ecosystem and suite of several verticals;

6) Rory’s transparent strategic approach with investors created a new breed of investor the High Performance Investor (HPI)

HPI’s are not like the static investors of the past but a new breed of investors who;
- Completely align with their investment though immense due diligence;
- Seek and secure business opportunities for their respective investments management team;
- Are ambassadors of the market place/investor relations message, pushing it out to others vs simply receiving it from management;

7) Rory has redefined the term Unicorn ($1 Billion startup). He’s actually created a new subcategory of Unicorn. Unicorn + Pegasus = Uniasus

“Uniasus - most valuable pre-revenue startup companies that dwarf others in the category of Unicorns - top .01% and have estimated value well beyond $1 Billion dollars.”

These are just a few “firsts” for Rory and there are many others, but I thought readers would want to do their own due diligence also.

Why is BLOOMBERG FOLLOWING US?!

https://www.bloomberg.com/profiles/companies/FUSZD:US-verb-technology-co-inc

“Everything up till now needed to happen - the good, the bad, the ups, the downs, the seeds we planted, all of it - Because without all of that, we couldn’t be where we are right now - the launchpad - and this is where we -you and us - FUSZ strong owners- belong. Seat belt time.”

Rory Cutaia Tweet 12-1-18