Tuesday, November 24, 2020 8:00:41 PM
Some of us saw it coming. They saw that the expectations for a big PR and for superstar status at the Oracle convention weren't met. From all appearances Oracle top dogs - and its CEO - didn't really know who NFUSZ was. This was the opposite of the impression given by Rory in his shaq calls.
That was the first clue that the agreement may well have been just an 'add-on' -- ie nothing special to Oracle.
Some of those longs also put those facts together with the lack of evidence that numerous clients previously announced over the past year were thriving from using the interactive videos, and determined that the Netsuite clients may also not be as enthusiastic as was expected by others.
The narrative that Oracle failed because the security of the product wasn't good enough may also be true, but longs certainly didn't see that one coming because Rory had shown great enthusiasm by telling investors that the platform for Oracle integration (V2) had been built from scratch -- and with the help of professional team at Concentrus(name?), and that it was fantastic. But if V3 was what was needed to get Netsuite excited, clearly V2 wasn't really fantastic.
After the 'launch' we were told that training was taking place for several months with the Netsuite sales team. I'd like to know what happened during that time--security flaws discovered, or something else? Whatever it was, the fact that they didn't roll out V3 asap to fix any existing security problems or otherwise suggests that they didn't see enough value in doing so -- ie they knew that the revenues from Netsuite would not coming in quickly as most longs had come to believe. It would be interesting to know at what point they realized that since some longs already suspected that before the launch even occurred.
My philosophy is to just be honest and balanced, and let the market decide if it agrees or not.
Recent VERB News
- VERB Stockholders Vote To Reverse Split VERB Shares To Retain Nasdaq Listing • GlobeNewswire Inc. • 10/04/2024 08:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/27/2024 09:22:21 PM
- VERB Announces First of 2 New Business Verticals ‘GO FUND YOURSELF’ - First Interactive Social Crowd Funding Platform • GlobeNewswire Inc. • 09/17/2024 12:00:00 PM
- VERB’s MARKET.live Launches Groundbreaking Pinterest Technology Integration • GlobeNewswire Inc. • 09/09/2024 12:00:00 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 09/06/2024 09:00:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2024 09:34:25 PM
- Form 1-A-W - Withdrawal of offering statement [Regulation A] • Edgar (US Regulatory) • 09/03/2024 12:35:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 12:30:25 PM
- VERB’s MARKET.live Partners with BeautyStat and TikTok to Bring Exclusive Skincare Event to TikTok Audience • GlobeNewswire Inc. • 08/23/2024 12:30:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 08/16/2024 09:10:38 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 08/16/2024 09:00:13 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 08:30:37 PM
- Form PRER14A - Preliminary Proxy Soliciting materials • Edgar (US Regulatory) • 08/06/2024 09:01:03 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 08/02/2024 09:00:35 PM
- VERB’s MARKET.live Selected to Deliver Exclusive Shoppable Livestream Simulcast of the Dane Cook & David Meltzer Event “The Collab” Live From Youtube Theatre • GlobeNewswire Inc. • 07/17/2024 12:30:00 PM
- VERB’s MARKET.live Unveils Major TikTok Shop Technology Expansion • GlobeNewswire Inc. • 06/20/2024 12:30:00 PM
- Form QUALIF - Notice of Qualification [Regulation A] • Edgar (US Regulatory) • 06/12/2024 04:15:02 AM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 06/07/2024 09:26:17 PM
- Form 1-A - Offering Statement [Regulation A] • Edgar (US Regulatory) • 05/31/2024 09:29:18 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/10/2024 09:10:25 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 09:00:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 09:00:29 PM
- VERB’s Healthy Balance and Enhanced Shareholder Equity Behind Nasdaq’s Grant of 6-Month Extension to Regain Compliance With Bid Price Rule • GlobeNewswire Inc. • 05/02/2024 12:15:00 PM
- VERB's MARKET.live x TikTok Shop Partnership Event Draws Over 300 Attendees • GlobeNewswire Inc. • 04/30/2024 12:11:00 PM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM