Hello, fairly new to this stock and unfamiliar with the lawsuit. Can advise what the situation is and why?
Rory, the CEO of Verb has a history of misleading and lying to investors over the years. As we have caught him a handful of times. You'd have to go through past posts that provide video footage, documents on SEC Edgar, and then of course the deleted document footage Rory tries to hide from new investors/future events.
Rory is quite the talker, or atleast he was at one point where he would make videos of himself, blah blah and a lot of people bit the bait. I want to believe I don't think there was any ill will or negative intentions. Its water under the bridge at this point. But he is a talker and people seem to fall for it quite often.
I do like Rorys positive mindset and energy he brings. He seems to have a lot of drive. And the product he holds onto has potential.
Just be careful and look at both sides of the coin before being fooled one way or the other.
A bunch of investors got badly hurt from this stock because of the pumping nonsense that came from Rory via videos, touting fluff, etc.
Some examples is he lied about no reverse split, and he verified that lie for the most part in a email that was shared by others to the community. There is video footage of him lying to us about a post offering price.
The list is heavy at this point.
But again, there is good potential here, but it has yet to come to fruition on paper.
He seems to be making some headway with this product, but no significant revenue, or anything of that nature is showing substance yet.
Hoping for the best with investors here, they deserve it after what has transpired over the years. Verb may very well be something great, we just don't know yet. On earnings where it matters, it's still pretty slow.
Do your own due diligence of course.
