InvestorsHub Logo

bluesky70

11/05/22 2:38 AM

#188471 RE: Geo2014 #188469

somewhat like the titanic

dukeb

11/05/22 3:02 PM

#188473 RE: Geo2014 #188469

I had to search to find out what you meant by Blue Ocean Strategy and found a few posts that mentioned it. Among them was a post by a iHubber who is no longer active, but who wrapped up the 2019 status of VERB thusly:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148565337

$ 7 million in cash, $14 million in recurring revenue per year and an "undervalued" stock price of $2.11.

There were 22.6 million common shares outstanding in mid-2019.

The most recent Q showed cash of $5.5 million, a recurring revenue run rate of around $8 million (total revenue run rate of less than $10 million). There were 102 million common shares outstanding.

Rory doing a bang-up job.