Verb Technology Company Inc (VERB) Quote

Got it

The hard questions should be directed at Rory.

As of now it looks like gross margin from the Temu crap being sold on the TikTok channel generates a couple hundred dollars a day in gross margin. And yet the company's overhead is more than THIRTY THOUSAND dollars each and every day.

How is that sustainable?

What is the path to being cash flow positive?

How can Rory show his face on the GFY "show" as a serial entrepreneur and "business titan" when every sector he has entered over the last 5+ years has been a total failure that collectively burned through more than $ 200 million of investor capital?

BTW, 24+ hours after GFY Episode 1 was posted to YouTube it still has fewer than 200 views. So throw another business idea onto the Rory Cutaia fire of failure.

Great hard roast.

Referring back to this: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160630420

Taking into account the 2023 1:40 RS your prediction was for VERB to be a $ 200 stock.

It's currently 7 cents.

So I guess I'm saying that Rory has failed you each new pivot is a bigger embarrassment than the prior.

So what are you saying?

Added a small position. Let's see if the casino is open.

Does Verb have legs?

VERB............................https://stockcharts.com/h-sc/ui?s=VERB&p=W&b=5&g=0&id=p86431144783

Rory (and David Meltzer) project GoFundYourself has an unimpressive start.

Episode 1 livestreamed on Market.live this afternoon. It's available to watch now on YouTube.

A whopping 33 subscribers, and 60 views 4-hours after the video was posted. With 7 people who gave it the thumbs up. Remove the the 4 "Titans" and the guy who did the pitch and that means maybe 2 unaffiliated viewers gave it a thumbs up.

Another pathetic Rory vanity project. Did VERB shareholders pay for this?

Comparing Rory to carnival barkers would be pretty offensive
to carnival barkers.

You mean the announcement of an Oracle deal, right?

That was back when Rory could announce a partnership/integration announcement and the market seemed to take notice.

After years of Rory yapping about how each deal was going to be a game changer that would raise the trajectory of VERB and then watching absolutely nothing happen has caused him to have all the credibility of a carnival barker.

The Oracle deal at least got the market cap over $350M!!!!!

LOL!!!!!!!! How’d that work out?

The Oracle deal at least got the market cap over $350M!!!!!

Sounds like they’re getting an introduction fee, depends on how the SEC interprets that, will have to see how it plays out…

Is there an indication on the GFY site that Verb is receiving a commision from the equity sales?

Funding portal or not, Verb still gets a piece of the pie, called a commission, much different than getting a commission from retail sales…

Regulation CF, under which GoFundYourself says it will be operating says:

all transactions under Regulation Crowdfunding to take place online through an SEC-registered intermediary, either a broker-dealer or a funding portal

Source: https://www.sec.gov/resources-small-businesses/exempt-offerings/regulation-crowdfunding

Perhaps the plan is to use a funding portal???

Funding portal: https://www.ecfr.gov/current/title-17/chapter-II/part-227/subpart-D/section-227.400

I am not sure Rory fully appreciates the SEC mess he will get himself into.

Exactly!! First thought that entered my mind is - does Rory plan on registering as a broker/dealer to stay out of trouble if he plans on getting into the financing business?

SMH…

At first I thought this was a joke...

LOL...because, yes, it is that stupid.

I am not sure Rory fully appreciates the SEC mess he will get himself into.

If only the panel of "Titans" were to ask Rory the same hard hitting questions about VERB.

Exactly what business are you in?

When will you become profitable?

What happened to the $ 200+ million that has already been entrusted to you with nothing to show for it except some 20 somethings appearing on TikTok pushing junky jewelry?

How has your Board allowed you to pivot from one failure to the next failure to the next failure while continuing to pay you a salary of nearly $ 1 million a year?

Rory would be laughed out of the building.

"GO FUND YOURSELF". Sounds kinda familiar? Maybe it's a subliminal message from Rory to shareholders?

8M market cap on literally nothing!!

Unreal.

In my opinion, at this point, Rory would be better off just getting the reverse split over with before putting out any new press releases, then maybe it might have a positive effect on the stock…

But probably not…

https://www.globenewswire.com/en/news-release/2024/09/17/2947352/0/en/VERB-Announces-First-of-2-New-Business-Verticals-GO-FUND-YOURSELF-First-Interactive-Social-Crowd-Funding-Platform.html

News LOL

Selling? LOL.

I popped onto the Market Live TikTok just now. There is a new twenty-something face hawking Temu quality crap jewelry. Fewer than 70 people were tuned in. The young lady is trying to unload 5 rings that cost $ 3 each. if all those rings sell that's $15 added to the top line revenue for VERB. Maybe $ 7 of gross profit?

Trouble is, VERB's fixed costs are over $ 30,000 each and every business day.

VERB. NASDAQ listed. LOL.

where is the selling coming from?

VERB - if the financing is over where is the selling coming from? One would think it would’ve popped over a dime on the no more financing news but instead new lows below 6 cents…

wow! hilarious yet aggravating. the 4 of them probably play golf together, or whatever they do, that is, after they stop laughing.

The board of directors. LOL.

From the most recent Q:

The Company has committed an aggregate of $598 in board fees to its three independent board members over the term of their appointment for services to be rendered. This amount includes a one-time performance-based bonus payment to a board member that is non-recurring. The Company’s CEO does not receive compensation for serving on the Board of Directors.

Board fees are accrued and paid monthly. The members will serve on the board until the annual meeting for the year in which their term expires or until their successors have been elected and qualified.

Total board fees expensed during the six months ended June 30, 2024 was $403

The company pays each of its 3 independent directors about $200k each every year. Nearly $ 600k in board fees every year.

The company has an annual revenue run rate of less than $ 90,000.

James P. Geiskopf is VERB's lead director. Per the investor relations page:

Since 2014, Mr. Geiskopf has served the Board of Directors of MetaWorks Platforms, Inc., a publicly traded company quoted on the OTC Markets Group Inc.’s OTCQB tier, where he is lead director.

MWRK total revenue for the most recent quarter was just under $500k a 66% decrease from the year prior.. The net loss for the quarter was just over $ 2 million. MetaWorks was founded in 2010, so not a start-up by any stretch. The stock is down 95% since it went public. The historical high was about $ 3 a share. Now it trades for 1.4 cents.

VERB Director Ed Moy is also a director at MetaWorks. Moy is also on the board of Draganfly, which reported $ 1.7 million of revenue for the first six months of 2024 (down 8% from 2023) and a $ 7 million loss for those six months. Draganfly stock has a historical high of nearly $ 400 a share and is currently quoted at under $2.

VERB Director Kenneth Cragun is the CFO and Treasurer of Alzamend Neuro, a biopharma. Alzamend reported ZERO revenue for its most recent quarter and a quarterly loss of more than $ 850k. Accounting for reverse splits the stock had a high of around $ 1300 per share and now sells for just over $ 2 per share. In July of 2024 ALZN did a 1:10 reverse split.

Rory has surrounded himself with people who burn investor capital so they are seemingly unphased by what is going on at VERB.

It will be interesting to see how long Rory and the board of directors issue themselves more options to make up for the reverse split…

No open market insider buying from insiders plus Rory continues to pay himself millions while common shareholders have been destroyed. How anyone can still defend this is mind boggling…

This thing is gonna take such a beating post RS as the cash on hand dwindles.

I do not understand how they are allowed to do this.

Have you checked the TikTok channel? What is going on there is quite sad. The two twenty-somethings beg people to buy the last $20 of merchandise so they can go home early.

A NASDAQ listed company.

verb can get a revenue bump if they start selling off their furniture.

Third quarter ends the last day of this month. If there was any dramatic increase in revenue for July/August from the TikTok deal Rory would be screaming from the rooftops to hopefully see the stock price shoot up to avoid a huge reverse split…

Anyone hear those crickets?

Based on the movement of the stock today, it's apparent that people are wise to Rory's penchant for hyperbole.

Exactly, and that was the point of my post…

The word "leading" has no meaning. It's a throwaway word that I've seen a multitude of times, even for businesses that have zero revenue.

The requirements to become a Pinterest Verified Merchant are simple to achieve. Rory has a history of issuing PRs about integrations and partnerships that are meaningless. Remember how VERB was going to "partner" with Microsoft, SalesForce, Marketo and Oracle? None of those relationships provided meaningful revenue for VERB.

This new partnership with Pinterest appears to be more of the same.

Based on the movement of the stock today, it's apparent that people are wise to Rory's penchant for hyperbole.

In today’s press release,Verb calls itself “the leading livestream social shopping platform”. In what respect? They can’t mean revenue, so how is it the leading livestream social shopping platform?

Anyone?

https://www.globenewswire.com/en/news-release/2024/09/09/2942767/0/en/VERB-s-MARKET-live-Launches-Groundbreaking-Pinterest-Technology-Integration.html

you've done a bang up job, rory. you should be damn proud.

And, as predicted by me, an amendment to the 8-K…

Explanatory Note

This Current Report on Form 8-K/A (this “Amendment”) is being filed to update the Current Report on Form 8-K filed by Verb Technology Company, Inc. (the “Company”) on September 4, 2024 (the “Original Report”). This Amendment revises the disclosure by adding certain dates that were inadvertently omitted from the Original Report. No other changes have been made to the Original Report.

Complete filing: https://www.sec.gov/Archives/edgar/data/1566610/000149315224035331/form8-ka.htm

RS coming

The latest David Meltzer vanity project is about to launch. And who is alongside him? Our beloved Rory Cutaia.

https://www.gofundyourself.show/

Go Fund Yourself is a rip-off of Shark Tank where entrepreneurs appear before a panel of judges to make their pitch for a business idea and then ask for money to fund the project. Viewers of the show then have the opportunity to invest in the venture.

I wonder what the legal legal ramifications are of allowing the general public to provide money to the entrepreneurs. Who is responsible for the due diligence? What happens if the money isn't spent as was represented during the presentation? Talk about a land mine.

Here's our favorite CEO as one of the show's "Titans" asking the tough questions. I think an entrepreneur should ask how Rory was able to spend $ 200 million and end up with a TikTok channel that does almost no business.



And here is Rory's profile as a judge"



And here's what viewers and companies are saying about the show. Take note that the first episode has not aired yet and check out what John Doe says as well as Jane and Sarah are saying - both of whom look like dudes to me.

verb is at an inflection point again. 2 times ago, it shot up in the very short term, and last time it just slid down to where it is today. this from the bollinger bands. let's see what happens.

Preach, brother. I popped in on the Market.live TikTok. TikTok has a bazillion users worldwide and the Market presentation had around 72 viewers at the peak. It was below 50 at one point. And the twenty-something who is one of the faces of Market was hawking rings (If I hear the words SOOO CUTE again I'm gonna lose my lunch) that cost $ 4.99 each. They had 5 of them to sell. So $ 25 of potential revenue! If they operate on a 50% gross margin (the last Q actually shows their margin is less than 20%) that's $ 12.50 of gross profit!!!

Meanwhile daily overhead (including Rory's nearly $ 1 million annual salary) runs more than $ 34,000 each and every business day (Market.live is offline on Saturdays and Sundays because we all know that no one shops on the weekend).

they cannot generate any revenue.

I don’t see how they could do any less than 1:100++. Every possible catalyst is contrived, it is simply known at this point that they cannot generate any revenue.

Nasdaq has proposed some rule changes that will make it harder to stay listed since the number of Nasdaq companies that are using reverse splits to stay listed is sky rocketed. But for the moment since Verb is not yet at the 1:250 RS limit within 2 years they are allowed to do another one.

I am watching what happens with a Nasdaq stock that has done 1:22,500 in the last two years and has tee’d up another one before the “30 day” runs out since they know they will likely not get a grace period. Nasdaq doesn’t have to process it, but if they do…they remain a joke.

It appears Rory expects a miracle to get the price back above or close enough to a dollar so the reverse split won’t be as bad as everyone expects…

It’s telling the upside range is possibly 1:200, imo…

it's amazing how much the nasdaq is bending over for rory. something is a little bit off imo.

What’s with the blank brackets, [ ], for dates?

I smell an amendment coming, sheesh…