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Verb Technology Company Inc

Verb Technology Company Inc (VERB)

5.46
0.34
(6.64%)
Closed March 23 4:00PM
5.32
-0.14
(-2.56%)
After Hours: 5:23PM

Professional-Grade Tools, for Individual Investors.

VERB News

Official News Only

VERB Discussion

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longboardsurfer90210 longboardsurfer90210 12 hours ago
AMBS to verb.......... wow. Tried to tell ya years ago that dude was slimy as.......
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dukeb dukeb 3 days ago
Authorization to sell compounded Semaglutide was withdrawn by the FDA. Selling those items is unlawful effective today.

Funny that the primary products on the two VERB web sites (Vanity Prescribed and GoodGirlRx) are compounded Semaglutide.

I'm sure Rory won't take questions from shareholders (he violated NASDAQ rules by refusing to accept questions during several annual meetings) but surely this is something that he should address. But he won't.
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dukeb dukeb 3 days ago
From the 8k


On February 28, 2025, Verb Technology Company, Inc. (the “Company”) entered into a Binding Term Sheet (the “Binding Term Sheet”) with Lyvecom, Inc. (“Lyvecom”) and the shareholders of Lyvecom (the “Lyvecom Shareholders”) to acquire all the outstanding capital stock of Lyvecom. Lyvecom is AI-driven video commerce platform, a comprehensive description of which is set forth in the Company’s press release dated March 4, 2025, annexed as Exhibit 99.1 to this Current Report on Form 8-K. The purchase price for the shares of capital stock of Lyvecom is $3,000,000 in cash, the repayment of $1,125,000 to certain investors in Lyvecom’s Simple Agreement for Future Equity (S.A.F.E.) instruments, the payment of $100,000 to a third party to satisfy his existing loan to Lyvecom, and the issuance shares of the Company’s common stock (the “Shares’) having a value of $1,000,000 on the closing date; provided the number of Shares to be issued may not exceed 19.9% of the Company’s outstanding shares of common stock on such date (the “Cap”). The Binding Term Sheet provides that in the event, as a result of the Cap, the Shares to be issued to the Lyvecom Shareholders on the closing date shall have a value of less than $1,000,000, the shortfall will be paid by the Company to the Lyvecom Shareholders in cash. The Binding Term Sheet also provides for an earn-out payment to the Lyvecom Shareholders of up to an additional $3,000,000 in cash over a 24-month earn-out period based on various performance metrics.
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jobynimble jobynimble 3 days ago
LAS VEGAS and LOS ALAMITOS, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (NASDAQ: VERB) (“VERB” or the “Company”), the company behind MARKET.live, the livestream social shopping platform, telehealth platforms VANITYPrescribed.com and GoodGirlRx.com, and GO FUND YOURSELF.show, the TV show disrupting crowdfunding, today announced that VERB CEO Rory J. Cutaia will host a conference call to discuss the Company’s financial results for the fourth quarter and year ended December 31, 2024 on Tuesday, March 25, 2025, at 1:00 p.m. Eastern time (10:00 a.m. Pacific time). Financial results will be issued in a press release prior to the call.

VERB Q4 and FY 2024 Earnings Call
Date: Tuesday, March 25, 2025
Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)

To access by phone: Please call the conference telephone number 10-15 minutes prior to the start time. An operator will register your name and organization.

Meeting Link: https://callme.viavid.com/viavid/?callme=true&passcode=13728166&h=true&info=company&r=true&B=6
Toll Free: 1-877-407-4018
Toll/International: 1-201-689-8471

A telephonic replay of the conference call will be available after 04:00 p.m. Eastern time on the same day through Tuesday, April 08, 2025 at 11:59 PM ET.
Toll Free:1-844-512-2921
Toll/International: 1-412-317-6671
Replay Pin Number: 13752553
Replay Expiry: April 8th at 11:59 PM ET
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jobynimble jobynimble 3 days ago
https://www.globenewswire.com/news-release/2025/03/20/3046219/0/en/VERB-to-Host-Fourth-Quarter-and-Full-Year-2024-Earnings-Call-on-Tuesday-March-25-2025-at-1-00-p-m-ET.html
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Anvil Anvil 3 days ago
I could be wrong, but I thought the $5MM purchase was $3MM/$2MM stock. Not a big difference.
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dukeb dukeb 3 days ago
Let's not forget that Rory has a history of overpaying for acquisitions and then selling off those acquisitions for a small percentage of the original purchase price. That's the kind of thing that a Titan does so neither you nor I would understand

The purchase terms will consume about $ 4.2 million in cash (plus $ 1 million in shares). We will soon see the cash balance on the 2024 10K followed by the March 31 cash balance by mid-May.

It's pretty much a guarantee that the company will continue to dilute. They may have cut expenses somewhat, but there is no evidence that the company is generating revenue that comes close to the cash burn. With the impending shut down of both VanityPrescribed and GoFundYourself what's left?

Gotta pivot to something new. Again.

I’m interested in how they acquire a company for more than their own market cap
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Real McCoy Real McCoy 3 days ago
I’m interested in how they acquire a company for more than their own market cap. I know they were sitting on a lot of cash from the last dilutive raise, but that dwindles every month and they need to keep cash on hand for upcoming losses.
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dukeb dukeb 4 days ago
One of Rory's pivots from a few months ago was to create the web site: https://vanityprescribed.com/

The site was primarily created to sell compounded versions of GLPs, the weight loss drugs. Well, today is the final day that pharmacies are permitted to sell compounded GLPs. Will those items be removed form the V/P web site before Thursday morning? Will the site go dark?

GoFundYourself appears to be dead. Pay a visit: https://www.gofundyourself.show

Click on the link for "episodes" or the link for "watch show". It does nothing.

Click on "explore companies". It shows four companies. Click on "show more" and it does nothing.

Go to the YouTube page: https://www.youtube.com/@GoFundYourselfShow/videos

The first two GFY episodes had 700 to 800 views...a pitiful number. The more recent episodes have between 200 and 300. And the newest episode was 4 months ago. It's toast. Throw is on the heap of other VERB failures created by Rory.

The 10K is going to be a shit-show. Rory recently announced the AI-related acquisition as a smoke screen to draw attention away from his failures - pivot after pivot.

But he keeps collecting his 6 figure salary and the BoD members keep getting their stipends so RC has to keep the train chugging along.
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Real McCoy Real McCoy 6 days ago
Is there an award for someone being slow to acknowledge a company’s extremely poor prospects and performance?

If so, did you win that?
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JR30 JR30 6 days ago
Is this finally an admission that this failed investment did not work out?

It's an admission that someone is slower than molasses in responding to someone else's post. They win the "slower than molasses" award.

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Real McCoy Real McCoy 6 days ago
Is this finally an admission that this failed investment did not work out?
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JPetroInc JPetroInc 6 days ago
lol is right

date stamps ‘werk’

but hey, good fortunes to you in VERB
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JR30 JR30 6 days ago
Your Speedy Gonzales with that reply. Only about 3 years late. Lol

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JPetroInc JPetroInc 7 days ago
wrong - you only saw it here …!
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MasterBlastr MasterBlastr 7 days ago
I think I saw that chart in a cartoon once.
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JPetroInc JPetroInc 1 week ago
Oye Vey Moyshe - Oye Veh



looks like Mista Redspuddles got this one wrong too, along with TOMDF and AMBS

if you see Redspuddles pick a stock - run run run away...!

MOO stoopido...!
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yerboss yerboss 1 week ago
Did anyone get an email from their Director Jimmy today?
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Monroe1 Monroe1 2 weeks ago
I can swing both ways although I prefer punching it long. All depends on the chart, volume, and fundamentals.
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bluesky70 bluesky70 2 weeks ago
are you talking about shorting this stock? if so, congrats.
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Monroe1 Monroe1 2 weeks ago
Why? They love it. We both make money and the accounts grow. You have to know when to hold em and when to fold em.
I will wait for the market to come to me. Good luck on your trades. This one has been a great money maker over the years.
Will be again. I'll send you a signal when to cover.
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MasterBlastr MasterBlastr 2 weeks ago
Fidelity should be referring you to Gamblers Anonymous.
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jobynimble jobynimble 2 weeks ago
https://www.globenewswire.com/news-release/2025/03/11/3040653/0/en/Verb-Unveils-Telehealth-Vertical-in-Partnership-with-Savannah-Chrisley.html
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Anvil Anvil 2 weeks ago
https://finance.yahoo.com/news/verb-unveils-telehealth-vertical-partnership-130000981.html?guccounter=1&guce_referrer=aHR0cHM6Ly9pbnZlc3RvcnNoYW5nb3V0LmNvbS8&guce_referrer_sig=AQAAADZlc4xX7lVVuChapKZseIzCVLz4VV2c3uFzn65MWVBFp19yHF0ignJRqDGpUc342dJE6uJm5P2wC7P_BLMBrkRM_S7gNW9Uk6Q2NNiD-0y7svUutNLLHHHy_SB1xn_HI7FUhb6Q0zmTEB0zoBDoH1aub4vnjm9_EiXYFke_VmVm
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Monroe1 Monroe1 3 weeks ago
Hope so, and If so, I will be ready to jump on it again. This has been a great swing trade over many years. Just watching the pendulum.
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Monroe1 Monroe1 3 weeks ago
Yeah, they have done this a few other times and each time I lost out on profiting. Go figure.
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bluesky70 bluesky70 3 weeks ago
you should thank fidelity. they're looking out for you.
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Real McCoy Real McCoy 3 weeks ago
Utterly certain this will be zero someday.
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fung_derf fung_derf 3 weeks ago
It's ok. He knows its true. Just hopefully others look into his history of stock picking.
He's either A) lying to everyone here or,
B) the worst stock picker to ever live
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dukeb dukeb 3 weeks ago
That's gonna leave a mark.

Not like you to be late to a stock headed for zero.
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fung_derf fung_derf 3 weeks ago
You missed the big shorting of this stock in October! Where ya been? Not like you to be late to a stock headed for zero.
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TenKay TenKay 3 weeks ago
Maybe Rory can do to Lyvecom what he did to Sound Concepts…lol.
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Real McCoy Real McCoy 3 weeks ago
The company is awful.

Maybe you can make money by timing “news” and spikes.

It is not oversold at all. It’s worth almost 5M with no revenue for years and years.
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Monroe1 Monroe1 3 weeks ago
The news is not awful. I look for the opportunity to buy into over sold conditions.
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dukeb dukeb 3 weeks ago
Well, the start up can learn lots from Rory about what NOT to do.

Of course, Rory won't let them be independent. He'll have to put his "touch" on the product and turn it into shit.

CEO of the target is slated to be the new Verb CTO at $250k per year. Let's see how long that relationship lasts.
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Anvil Anvil 3 weeks ago
Not to mention, this is a start up they are buying. 
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Real McCoy Real McCoy 3 weeks ago
I was wondering how they would get to the next RS with a few years of cash on the balance sheet from the last dilution.
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dukeb dukeb 3 weeks ago
Even better, look at the terms sheet: https://www.sec.gov/Archives/edgar/data/0001566610/000149315225008984/ex10-1.htm

VERB is spending more than $ 5 million (plus up to $3 more as an earn-out) to buy the company.

Assuming this will go through, Rory will destroy whatever value there may be in Lyvecom. Just as he did with Sound Concepts and the other acquisitions that he so masterfully f*cked up.

No one knows about Market.Live
No one cares about Market.Live

That's not going to change. Rory is an idiot.
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Anvil Anvil 3 weeks ago
https://ir.verb.tech/news-events/press-releases/detail/254/verb-to-acquire-ai-social-selling-startup-lyvecom
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Real McCoy Real McCoy 3 weeks ago
Thank goodness this is awful.
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Monroe1 Monroe1 3 weeks ago
Fidelity is not permitting buy orders in this.
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dukeb dukeb 3 weeks ago
My previous post said Rory has a little over 4 years to come up with some bullshit story that he can include in the "Subsequent Events" section.

I meant 4 weeks.

And now...true to form...the bullshit story is appearing. The "old" market.live web site has been taken down and there is a teaser page saying

The Future of MARKET.live Is Here!
MARKET.live has evolved. The countdown to launch has officially begun!

Be sure to check it out: https://www.market.live
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dukeb dukeb 3 weeks ago
The 2024 10-K is due on March 31, 2025. Rory has a little over 4 years to come up with some bullshit story that he can include in the "Subsequent Events" section.

I'm going out on a limb here and guess that revenues for the year will be between $ 150k and $ 200k and the net loss will be $ 7 to 8 million.
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Real McCoy Real McCoy 3 weeks ago
Unless he’s been buying all the way down, which could potentially be a Guinness Record for poor investment decisions, he’s likely down to a single share with all the RS’s. Certainly down to a single no matter what level of investment at the $2 buy pre-pre-pre-split.
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bluesky70 bluesky70 3 weeks ago
geez....the volume is anemic lately. i guess jr has enough shares.
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dukeb dukeb 4 weeks ago
When VERB sold the CRM business and had several million in cash I said that Rory should do the right thing and dissolve the company and divy up the money to each shareholder. Rather than do that he said he was going to use the money to buy a revenue producing business.

Rory was lying, of course, and he used a good chunk of the cash to pay back loans that he made to the company and to continue paying his ridiculously high salary and the ridiculous amount the company pays the sham Board of Directors who do nothing other than keep renewing Rory's employment contract.

The cash is probably almost gone now (IIRC the projection Rory made was that it would last until April of 2025) and the company has even fewer prospects for generating revenue than ever.

$ 200 million pissed away.
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Real McCoy Real McCoy 4 weeks ago
Guys who bought this at 2 bucks before all the splits, guys who claimed fraud and demanded SEC investigation of those who felt this was overvalued, 1,000,000 at 2 bucks pre-pre-pre-split, is worth less than 2 shares now. Less than $10. Unbelievable.
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dukeb dukeb 4 weeks ago
So it looks like another one of Rory's "ideas" is going to crash and burn. The most recent company pivot was to vanityprescribed.com which professes to be an on-line source of products to make you look better. In fact, VP is just an also-ran in the business of feeding orders to a contract pharmacy with the web site "promoter" getting a piece of the action.

The flagship product for VP has been compounded Semaglutide, the active ingredient in weight loss drugs such as Wegovy and Ozempic.

Last Friday, the FDA announced that the manufacturers of Semaglutide (Norvo Nordisk and Eli Lilly) have increase production of the patented drugs to the point where demand is being met. As a result, the FDA is withdrawing authorization of compounded versions such as the ones sold on the VP web site. The FDA is allowing compounding pharmacies 90 days to stop sales.

So...even though VP probably had almost zero revenues, the one product that it was banking on will no longer be available for sale.

Below is a snippet of the VP web site. Notice that it lists a "New Year's Flash Sale". Today is February 23. When does the NY Flash Sale end? There is no one at the wheel of the web site. It's just another RC fake company that was put up to placate shareholders.



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dukeb dukeb 4 weeks ago
Yup. Take a look at the 2024 Qtr 3 10-Q.

Additional paid-in capital stood at $ 200,788,000.

And what is there to show for it?

Total assets: $22,137,000 of which $ 3.2 million represents capitalized software development costs. Presumably that is the cost of Market.live that has not been amortized yet. And what's that software actually worth? Even VERB doesn't really use it so I'd say it's worth ZERO.

Another $ 2,263,000 asset on the balance sheet is listed as "ERC receivable."

In one of the offering circulars, VERB explained the ERC receivable as follows:

Other income, net, for the year ended December 31, 2022 was $1.4 million, which was primarily attributable to an Employee Retention Credit (“ERC”) receivable of $1.5 million. We, through our Professional Employer Organization, filed for federal government assistance for the second and third quarters of 2021 in the aggregate amount of approximately $1.5 million through ERC provisions of the Consolidated Appropriations Act of 2021. The purpose of the ERC is to encourage employers to keep employees on the payroll, even if they are not working during the covered period due to the effects of the COVID-19 pandemic. As of December 31, 2022, we have yet to receive the funds.

This is kind of interesting.

On the balance sheet as of December 31,2023 the ERC receivable was still listed as $ 1.5 million. Yet on September 30, 2024 they show the receivable as $ 2.3 million - an increase of $ 800k. The period covered by the ERC ended in December, 2021. Why would the company, during 2024, all of a sudden realize that it was eligible for $ 800k of additional credits for the period that ended 3 years earlier?

There are companies that popped up promising to help companies claim their ERCs. Lots of those consultants were scammers and many claims made for the ERC were determined to be fraudulent.

It would be nice if VERB would explain this. Especially since the company hasn't (as of 9/30/2024) received a dime for its ERC claims.

Has it really been 200M of investment?
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Real McCoy Real McCoy 4 weeks ago
Has it really been 200M of investment?
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