Friday, August 20, 2021 3:46:01 PM
What we don't know, and Rory sided-stepped answering, is how many of the 600,000 users of verbLIVE are paying, what is the breakdown?
If 600K x min. $5/mo. they should have a bare min of $3M a month in revenue, there is no sign it's anywhere close to that. If we can't interpret, correctly, the available info, all else is speculation; Hopes N Prayers N Hopes and Prayers N ......
There could be 1 user at each "enterprise client" paying $5/month, totaling only $900/mo or $millions/mo., we just don't know. Instead our ears are bathed in superlatives.
Of the 100,000 users that signed up for verbLIVE in one weekend after the Asian launch "Sidoti Microcap Conference", how many are paying vs. just trial subscriptions? Might be all might be none, we don't know. It could be generating no revenue at all, we simply don't know.
We should be able to reasonably see a LOT more revenue based on the forward looking statements of the last 3 years and stated numbers of users. So far that's just not the case and we all know it. I'm being realistic, I'll reserve my accolades and even the slightest confident in Rory, when I can recover the masses losses from early investment.
Recent VERB News
- 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
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- VERB's MARKET.live Livestream Shopping Business Plan is Now Fully Funded • GlobeNewswire Inc. • 04/02/2024 01:37:56 PM
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- VERB's MARKET.live Adds 100 More Retail Brands to its Livestream Social Shopping Platform • GlobeNewswire Inc. • 03/18/2024 11:23:00 AM
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- VERB’S MARKET.live Second Frankie Avalon Livestream Shopping Show Draws More Than 25,000 Viewers • GlobeNewswire Inc. • 02/29/2024 01:30:00 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 02/23/2024 10:00:32 PM
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- VERB's MARKET.live Welcomes 15 More Trendsetting Retail Brands to Its Livestream Social Shopping Platform • GlobeNewswire Inc. • 02/15/2024 01:30:00 PM
- Form 1-A - Offering Statement [Regulation A] • Edgar (US Regulatory) • 02/14/2024 10:15:27 PM
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- VERB's MARKET.live Announces the Addition of 10 More Trendsetting Retail Brands to Its Livestream Social Shopping Platform • GlobeNewswire Inc. • 02/06/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 01:30:28 PM
- VERB's MARKET.live Announces the Addition of 5 More Distinctive Retail Brands to its Livestream Social Shopping Platform • GlobeNewswire Inc. • 01/23/2024 01:30:00 PM
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- VERB's MARKET.live Announces Exclusive Livestream Shopping Series With Frankie Avalon - Cultural Icon and Wellness Entrepreneur • GlobeNewswire Inc. • 01/16/2024 02:45:00 PM
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- VERB Closes $3 Million Non-Convertible Preferred Stock Financing • GlobeNewswire Inc. • 01/05/2024 01:30:00 PM
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