Verb Technology Company Inc (VERB)

[TenKay]

They may be forced into an RS or have to accept they are going back to the OTC. Why? Simple math. The pps has to maintain a bid price above $1. They are now doing an offering of a significant amount of stock. That offering will HAVE to be at a discount to the market. This was pointed out many times in the run up to the Uplist offering...and what did the discount end up being? A whopping 70%. More than ANYONE expected, including me.

I don’t believe it will have to be that big this time, but it is not unreasonable to assume that it will be big enough to drop the offering price below $1. And as we saw with the original offering the market price was never really able to recover back above the offering price.

Couple that with the fact that it is unlikely that the company will be cashflow positive through the end of 2021...that much stock flooding the market is going to be depressive to the stock price for some time.