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Re: Digger13 post# 152641

Friday, 09/06/2019 10:28:05 PM

Friday, September 06, 2019 10:28:05 PM

Post# of 192133
Yes I can since reading the latest financial documents verb disclosed. The amount of money to keep operating and pay salaries you will find 5million goes to wages for work by executives and board members like in the new form d. Now the extra 6 million is needed to keep up with heavy cost and spending habits of verbs ceo, executives and board members now occurring on a regular basis. In the last q 3 million plus was spent for general admissions. If you look further verb is already buying company cars. So back to the 6 million you will see just like before around 150000-175000$ worth of share being diluted each week just to pay the bills. They need around 6million dollars now with new revenues just to stay out of bankruptcy. Last q they needed 7 million. I’m sure with due time the fully diluted shares from offerings will be on the market because verb just paid themselves 5 million for a job well umm maybe not done. In one of my post I suggested fully diluted shares from the original offering of verb would put us about 1.15 I guessed that at 3$ range. Now with the 6 million verb has to dilute now I expect the share price to go down to .70 the next few weeks. All my opinions based on my own due diligence by reading latest and all financial documents.
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