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Re: jbgoods post# 46727

Friday, 05/17/2024 9:00:38 AM

Friday, May 17, 2024 9:00:38 AM

Post# of 46804
https://seekingalpha.com/article/4160388-sudden-infusion-of-nfusz-shares

nFusz / $VERB had the same agreement with Kodiak Capital on their run up to Nasdaq.

$FUSZ had $0 Revenues.

It has since been announced that nFüsz has put stock to Kodiak. In an 8-K dated 3/9/18, the company stated:

On March 5, 2018, we effected an agreement with Kodiak, pursuant to which we put 2,308,460 shares to Kodiak for net proceeds of $925,000, or approximately $0.40 per share, and we put 739,645 shares to Kodiak for net proceeds of $75,000, or approximately $0.10 per share (referred to collectively as the “March Put”).

This would be the first half of the put agreement, with another $1MM dollars worth of common stock still available.