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Re: work-n-hard post# 46560

Thursday, 05/09/2024 8:25:48 AM

Thursday, May 09, 2024 8:25:48 AM

Post# of 46930
$VERB / $FUSZ uplisted from OTC to Nasdaq with 0 revenues in 2019 and an identical Equity Financing Agreement with a no shorting provision from Kodiak Capital.

More fundamentals-driven market today, and ReachOut has the financials to back an uplisting with institutional sponsorship and an identical Equity Financing Agreement with a no shorting provision.

ReachOut is valued at 10x P/S ratio.

At $13.7 M revenue currently, ReachOut’s valuation is $137 M.

$137 MC is ~ .40 SP

.40 with 10:1 RS will meet $4 SP minimum requirement for Nasdaq.