Ya gotta be in it to win it… and if ya’ ain’t then good luck to you as well, cause I’m swell with my little 3grand invested:). Fear is always on the side line chasing~ the pump marketing hasn’t even started yet and that’s MY bet.
Another (former) OTC stock completed an S-1 Equity Purchase Agreement with identical terms to $YCRM and eventually listed on Nasdaq within 1.5 years.
nFusz CEO, Rory J. Cutaia, explained, "This deal structure is somewhat unique, especially for an OTC listed company. It's basically on-demand capital.
It allows us to draw funds as and when we determine, in amounts not limited by the then current trading volume of our stock. It assures us access to capital on terms that minimize dilution to our shareholders with whom our interests are aligned.
And it allows us to focus our time on growing this incredibly exciting business," continues Mr. Cutaia.
Sales intelligence firm Nfusz Inc., based in Hollywood, announced Feb. 4 it will change its name to Verb Technology Company Inc. in preparation for a planned listing on the Nasdaq stock exchange.
The company’s existing listing on the OTC Markets Group venture market will change temporarily to “FUSZD,” then remain “FUSZ”. Verb Technology will list as “VERB” on the Nasdaq.
Verb Technology also announced a stock consolidation in the form of a 1-for-15 reverse stock split .
According to Verb, the move is consistent with its previously announced plan to meet the Nasdaq requirements for up-listing company stock, approved by its board of directors Jan. 31.
Verb Technology noted all stockholders will be uniformly affected by this change but will not experience differences in their individual interest in the company’s equity. After the consolidation, Verb Technology will have 12.2 million shares of outstanding common stock.
At close of day on Feb. 4, FUSZ stock was trading at $7.01 with a market cap of $93 million.
Well, the .0003 wording on the filing is all I need to know. They made a feeble attempt to have a .005 floor but all you have to do is read the filings..... I'm sure someone will pull up the .005 floor but not the .0003 floor..... best of luck! BTW@ They can't dump a single share until current!: RJ had all this time to run the price with a 349 mill o/s. It has been squandered by the rookie CEO. Read the filings! Show me the .0003 floor! 3 strikes... you're out!
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