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Re: TenKay post# 142895

Wednesday, 04/24/2019 1:07:23 PM

Wednesday, April 24, 2019 1:07:23 PM

Post# of 192368
RECONCILIATION TIME: Yes TENKAY you are correct. I apologize if I gave the impression that Verb got an extra 4 million dollars out of the deal. I don't think Rory said that. It was my interpretation from the Press Release. I spoke with my broker again, who said the manner in which this was done (the choice SC made to buy 4 million dollars of units and not take the money in cash) was not to compensate for the offering being undersold, as the offering was oversold, but to avoid having to file additional documents with the SEC. He said it was a "wash." Again, I was reassured that all participants in the offering were heavily vetted to be long term investors in VERB, even in the over allotment, and there is not concern about the current SP. He believes that as the announcements of the results of major player integrations are announced we will see the kind of share prices that many have been expecting. He sees, as do I, that this is an excellent time to buy. Apologies to anyone who felt mislead by my interpretation. The long term story stays intact. Expect news from Rory soon.
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