Verb Technology Company Inc (VERB)

[JoshSp]

Questions for those who are negative on VERB:

Hypothetically speaking, suppose you assume that AGP's report will hold true. This means, ignoring all prior pivots, ignoring prior over enthusiastic views from VERB, ignore past missed targets, and simply giving AGP certain credit for knowing what they do. In particular, AGP forecasted:

- 2019 revenue (assuming Sound Concepts was part of VERB for the full year of $16.4 million
- 2020 revenue of $28.5 million (74% increase from prior year)
- 2021 revenue of $49.8 million (75% increase from prior year)
Note, that the majority of this revenue is from SaaS
Also, note that these projections do not reflect any game changers (defined as revenue coming from large partnerships such as Oracle, Microsoft, Salesforce, and no major China relationship).
- 2019 ends with 819,000 users
- 2020 ends with 1,200,000 users
- EBITDA profitable by end of 2020
- cash flow positive by 2nd half of 2020

Now, given these assumptions, what would you view an appropriate market cap to currently be? How about the market cap at the end of 2020, 2021?

And, finally, what would you view an appropriate market cap to be at various points if in addition to these projections, one or more of the game changers came to fruition?