Replies to post #163229 on Verb Technology Company Inc (VERB)

[Real McCoy]

I recall they qualified via the equity standard, meaning they needed assets less liabilities to equal 5M or more. That is an achievement for any business starting out, but for a company like this it just had to sell itself off to raise the cash. And selling stock at a discount to market is not achievement at all. It’s basically mechanical.

The company’s advisors on the uplist did their job. I’m not sure what they could have done better or why they would be blamed in favor of management who was directing them. They can’t force investors to value the company higher. And most knew exactly how the uplist was going to play out. All of the valuation predictions were silly as the company was valued every trading hour of every trading day beforehand.

That’s fine if you are a huge believer in the ceo. That’s what makes the market. But all the market size and market potential in the world doesn’t mean anything if a company isn’t capturing it. That’s why the upcoming financials will be so important.

[trader59]

LOL!!

That $250B market is one of products being sold, business to customer, and to use that figure is any sort of % math for an app is an exaggeration (being kind) of monstrous proportions. It is all over the OTC, of course, where a huge figure of a market sector is tossed up with the "whatif" of capturing some seemingly reasonable percentage of it, but it never ever works out, and mainly because the exaggeration is way better than whatever the product is (in this case, the apps).