Replies to post #57540 on Verb Technology Company Inc (VERB)

[MasterBlastr]

Wow amazing DD and insight !! Looks like is is going to tank hard, and soon! Reminds me of this one other stock that made it all the way from .10 to $3.74 and now sits at .23 - pure fraud!

[JR30]

Your post is full of conflicting reasoning imo. Why would anyone sell their shares if they knew they would be worth more than they are today? Smart money doesn't invest in flops. That's why none of the insiders has sold a single share. Even the person that would have the most to lose (Rory) hasn't sold any.

I don't know one CEO of a large business that bashes their company. Of course they should, and do pump their company. Why would anyone want to invest in, or work for a company where a CEO doesn't believe in their company?

It truly amazes me how little people know about running a successful business. Glty in your future investment ventures.

[ki2002rom]

The SP represents a forward look to near and long term revenue projections. Links for all the contracts signed in the last four months are available on this forum along with solid SP projection analysis based on revenues, that have already begun to come in. It probably explains why the over 63% of Outstanding Shares owned by the CEO, insiders and private investors haven't been sold. Maybe also why investors are tapping into what remains of the LOW FLOAT of 56 million shares. CEO red flag???? Hmmm.... everyone knows about the shorting and naked shorting of FUSZ stock. FUSZ still remains on the REGSHO list. It will become increasingly difficult to cover those shares when none of the insiders, long shareholders and private investors are selling. This is going to magnified even more since the short position has been growing because they had hoped the company was still issuing shares.

And none of that changes the fact that FUSZ has had its share price hyped way beyond any realistic valuation for the company thanks to massive amounts of pumping/awareness and forward looking statements in press releases and on social media.

It also doesn't change the fact that the CEO is throwing up major red flags by making an ass of himself by blaming naked shorts and making threats. Nothing is a bigger RED FLAG that your stock might be a scam than a CEO that is on message boards and social media pumping a stock and making threats instead of running a company.

Respectable CEOs of real companies don't worry about the share price. They are too busy building a real business because they know that when you have a good business offering a good product the share price will follow.

[ki2002rom]

Well... those hoping to tap Oceanside shares to cover short and naked shorts are going to be disappointed, since the well has run dry. No more shares have been coming from Nfusz into the float and Kodiak...attention... if they've been letting go their final shares they'll be done next week. So where oh where.... has the shares gone to use for covering????? We know about Oceanside, actually for almost a year. They had over 4 million shares AND still have.....hmmmm.....and they didn't sell??? Even when the SP two weeks ago was well over $2? They converted the final warrants and now they own over 10 million. They filed the 13g because they have to report over 5% ownership..... hmmm, again.... maybe because it has to do with BOD appointments? They didn't sell when it was higher... so I certainly don't think now? No... they've been holding for almost a year FOR A MUCH BIGGER payday. You mentioned the over 2.5 million cash in the bank, but failed to mention the possible revenue soon to be reported for the same period of this year during which the shares were issued to close out the debt. Thanks for reminding us of the closed out debt WITH RESTRICTED shares. Those shares may come to market several months from now, usually restricted 6-12 months. Anyone who's short NFUSZ can wait to tap them for covering shorts..... but then again the SP could be double digits.....uggghhhh.

[roni1]

even if true Your DD is garbage IF a company executing, revenues coming in, deals are made.
Anyone that ever run a business knows that.
As far as we know business is booming. Takes time to build a company and not everything goes smoothly all the time.
I trust Rory and his amazing team. He has done it before and will do it again.

[Ziptrader0]

Anyone could have bought Fusz for under .10 cents until the end of January, 2018 retail. Many Longs did and are still holding. If Rory has to raise more capital, do you not think it will be at substantially higher prices? Maybe $1.45 or so as that was the price he himself paid for half a million dollars worth retail. Things change. This is not the same company it was before the agreement with Oracle was signed or when it was bBooth! I had laugh looking at a few bBooth videos on You Tube, realizing how far they have come since those days. Heck, I don't know what the fair price of the stock is today. I can see it is very oversold however from looking at the charts, and is likely to move up from here. I don't mean to be critical of you because you have put up some informative numbers about the most recent financing, but it is very unlikely, imo, that the stock is worth less than $1.28 today with all that factored in given the multitude of deals being made. I have a positive feeling about the company and you a negative one. Let's see how it plays out.

[JR30]

"What incentive does Oceanside have to hold when they stand to make millions of dollars at these prices? Think about it."


Let's see, how about millions upon millions of dollars instead? I would hold for longer if it was me. Jmo

[cjstocksup]

Wow. I had seen dilution all the way up to over $3.00 but this is not good IMO. Thanks for posting in such detail. I had wondered why the late day red now I see why.

FUSZ raised $3,300,500 by selling stock at $.16/share between January and March. That stock is restricted now, but eventually it will become free trading.

FUSZ used $976,120 of that cash to settle outstanding notes payable totaling $1,870,769. But FUSZ also issued 7,383,006 free trading shares of common stock to those very same Note holders between January and March which came out to $.14/share even after the cash payment was deducted from the total owed.

That left $2,464,940 in cash according to the proforma financials.

And even though they had all that cash left, they still issued 10,836,366 free trading shares of stock to Oceanside Strategies Inc on April 17th

https://backend.otcmarkets.com/otcapi/company/sec-filings/12696958/content/html

Oceanside Strategies Inc reported receiving 4,660,506 free trading shares at $.07/share from a debt Note conversion and 6,175,860 free trading shares of stock at $.07/share - $.08/share from exercising warrants.

That should have covered all the debt owed to Oceanside and all the outstanding warrants owned by Oceanside but those 10,836,366 free trading shares have without a doubt been a major threat to the FUSZ share price over the past several days. What incentive does Oceanside have to hold when they stand to make millions of dollars at these prices? Think about it.


So to repeat. FUSZ issued 7,383,006 free trading shares between January and March at $.14/share and another 10,836,366 free trading shares on April 17, 2018 at between $.07-$.08/share. That's a lot of free trading stock issued way way below the market price. Those stock holders stand to make a ton of money at these inflated FUSZ prices so you can bet they have been selling that stock. But the CEO would rather mislead people into thinking that it is Naked Shorts and bashers hurting the share price.


And FUSZ still has an agreement in place with Kodiak Capital for Kodiak to provide financing at at $.25/share. Plus Kodiak has the option to buy up to 2,000,000 shares at $.15/share and $.20/share through warrants.

Of course Kodiak is talking positive about FUSZ on twitter because Kodiak stands to make more money the better the FUSZ share price does.


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So how long will $2,464,940 last?

Well according to the FUSZ filings, just during the last 3 months of 2017, FUSZ spent over $3.2 million in general & administrative expenses.

So FUSZ burns through cash like air. Barring any drastic positive changes to the the cash flow, $2,464,940 won't last them through the end of the year.

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And none of that changes the fact that FUSZ has had its share price hyped way beyond any realistic valuation for the company thanks to massive amounts of pumping/awareness and forward looking statements in press releases and on social media.

It also doesn't change the fact that the CEO is throwing up major red flags by making an ass of himself by blaming naked shorts and making threats. Nothing is a bigger RED FLAG that your stock might be a scam than a CEO that is on message boards and social media pumping a stock and making threats instead of running a company.

Respectable CEOs of real companies don't worry about the share price. They are too busy building a real business because they know that when you have a good business offering a good product the share price will follow.

[TheMonolith]

Post of the year for fusz board. I'll add, if Rory was so successful in selling a company for 220M, why did he have to go the OTC route with the company and do the money raises you wonderfully described? You would think Rory would have no problem raising millions at high valuations with past success like that.

Sadly, many will lose very large sums of money here.

[TheMonolith]

This is still the post of the year. Print this one off, and save it in a file. When you finally sell your FUSZ for a loss, or minuscule gain compared to what you had, read this again and it'll all make sense.

Rory sold a company for $200M and then had to do deals like this?!

[Homebrew]

Solid DD Post Here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140383161

[Monroe1]

So where is the CEO right now? Have you heard of NotifyMD?
What about the NotifyEdu?

"Respectable CEOs of real companies don't worry about the share price. They are too busy building a real business because they know that when you have a good business offering a good product the share price will follow."

Have you noticed this is not his first successful company? Show me a better CEO down here in the OTC.