InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,495.52
(
0.45%
)
US TECH 100
18,331.60
(
0.84%
)
Dow Jones
40,736.96
(
-0.23%
)
Brent Oil
69.40
(
-0.19%
)
Bitcoin
56,915.92
(
-1.30%
)
Post# of 192304
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

trader59

Send PM Follow Ignore
Followers 196
Posts 16706
Boards Moderated 8
Alias Born 01/29/2018

trader59

Member Level

Re: TenKay post# 141855

Wednesday, 04/17/2019 2:37:05 PM

Wednesday, April 17, 2019 2:37:05 PM

Post# of 192304
I think folks are missing a key point. Sound Concepts wasn’t given $15M, the owners/shareholders of Sound Concepts were. They were also given $10M of VERB stock. Those owners elected to buy $4M of offering units with their cash.

The offering didn’t change. VERB already got the proceeds from the offering, and this purchase came from that same offering, so there’s nothing extra to VERB. VERB gave $15M to those owners, and they bought units from the offering. Personally, I don’t think Rory is head faking, rather he’s hoping to show the owners of SC have confidence in the “dream.”



Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent VERB News
More VERB News
InvestorsHub NewsWire

FEATURED Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • Sep 10, 2024 11:00 AM

Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM

Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM

Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM

North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM

Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM

Start posting your company's news
Only $200 per official company press release!