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jobynimble

08/19/20 12:00 PM

#168930 RE: Nspireaction #168929

If MyVerb is about to take off why does Rory need to buy revenue? Sound Concepts was supposed to be accretive, how’s that working out so far? Shouldn’t all efforts be concentrated on getting MyVerb off the ground if it’s going to be such a game changer?

tedpeele

08/19/20 12:06 PM

#168932 RE: Nspireaction #168929

some issues to watch:

1. Sales. Rory said on conf call 24-26 new clients since June 30, but then the PR corrected that to only 7. So, there is some question whether Q3 sales are going to continue the trend upward or not. Pretty big issue because the SAAS while continuing to do well is still a long ways from getting to cash flow positive.


2. VerbLIVE for Salesforce. Disappointed that they are 'working on' marketing with Salesforce. Sounds to me more like Netsuite -- ie hopefully Tal Golan and Salesforce really are interested but doubts seem reasonable at this point. Hoping for some kind of fanfare -- perhaps after Labor Day?


3. VerLIVE - MLM. 2 perspectives -- first the conservative 10% adoption rate would be good but even the $460k/month isn't half what they need, and it isn't all likely to happen right out of the gate either..second is the likelihood that at least SOME of the influencers will try and like the product.

There is a definite need for some strong testimonials for both MLM and Salesforce adoption. Will there be any?


4. Acquisition -- this could be exciting but saying they 'believe' it will be accretive doesn't say whether they are profitable now at all and to me implies that they aren't. May close next month...well we leaned the hard way how long these things can take, so not holding my breath on it.


5. Timing of New Platform completion. This could help a lot with costs, so the sooner the better.


6. in-app purchasing -- need to hear something anything to get a sense of how significant that might be


7. Microsoft/other integrations? Is it far off still, or close? no color won't help the stock price.










susa

08/19/20 2:13 PM

#168949 RE: Nspireaction #168929

Thank you..Excellent response to questions. You are on the right track. All three of those sound good. As far as extra warrants one only hopes we are strong enough to gather enough to get over 7.00 so warrants are exercised and money flows back to help verb financially. Right now flippers may get flipped out as more volume and momentum cones back to volume. News will be a significant catch to that problem.. Definitely the platform speed..integrations new company and revenue growth wi5h contracts will make that happen. Right now Rory needs to speed up revenue growth before draining his pockets too QUICKLY..
Confident he has a plan that is being kept close to his chest. 9.95 and 24.95 charges will be a great help when users that pay sign up. Not concerned. Here for long term. Over time verb will be a billion dollar company. We are on the right track.