Replies to post #176886 on Verb Technology Company Inc (VERB)

[TenKay]

I think his compensation is ridiculous...but I am going to make a somewhat contrary argument...but only to a point.

As a publicly traded company his salary is disclosed. It’s not hidden. As a Nasdaq company the Corporate governance requires a compensation committee to the board.

They come up with the number. How they got there is beyond me but at the end of the day unless shareholders in the company (which is who the BOD works for) raise an issue that’s is what he will make.

Now...having said that there are certainly some legitimate criticisms one could make...like:

What exactly is Rory being incentivized to do?
Why is getting paid bonuses for capital raises that are dilutive and the sizes of which are due to the SIGNIFICANT negative operational cashflow?
Why is the cash component of his compensation so high when the stock performance is terrible?

There are others.

But frankly unless shareholders of the company want to take issue...he and the Board can just keep the gravy train going...

[Cynomus]

“Most people today, can’t sell. Our product removes selling skills out of the sales process by using proprietary, interactive video technology with corresponding analytics,” said Mr. Cutaia.

My favorite quote from the article. Perhaps VERB should try using notifiCRM to get 3000% conversation rates, then none of this discussion about Rory's bloated compensation would even matter.