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Re: yerboss post# 167528

Friday, 07/24/2020 4:59:32 PM

Friday, July 24, 2020 4:59:32 PM

Post# of 191991
A good reputation is long and hard to build, but swiftly destroyed.

If Rory was riding on a good reputation due to his building a company and selling it for $200M (which seems no where to be found to help finance VERB, but I digress), he has utterly demolished his reputation with the last 4 years of wildly misleading representation of his "deals" with the super companies and endless missed release dates. Instead VERB signs up companies little known throughout the majority of the population, providing a modest revenue stream compared to Telx. In addition, his cash burn rate is alarming.

It's going to take a long time (or a rapid rise due to unexpected real deals) to recover from his behavior. There are a lot of lottery longs that STILL believe he's the Wiz, but his once believable reputation is long gone for many.

I've learned the most likely path to recovering even a modest amount of the lost value in Verb is riding the pumper volume and flipping some of the 15:1 shares I have left, because the shares I bought at $42 are little more than dust presently. Even if the current price rose to $15 and we did a 1:15 forward split, those shares would still be a significant loss and the PPS would be $1. The only longs with a real chance are those buying now, not the ones that funded the company.

But I'm sure he'll take a trip to Maui with the new cash.
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