Verb Technology Company Inc News - VERB

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VERB CEO to Participate in Nasdaq's 'Ring in the Races' Closing Bell Ceremony Live at F1 in Las Vegas

LOS ALAMITOS, Calif. and LAS VEGAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq:...

Verb Demonstrates Markedly Improved Continuing Performance in Recent Q3 Form 10-Q Filing

LOS ALAMITOS, Calif. and LAS VEGAS, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq:...

Form 4 - Statement of changes in beneficial ownership of securities

Form 10-Q - Quarterly report [Sections 13 or 15(d)]

Form 8-K - Current report

VERB Regains Nasdaq Listing Compliance

LOS ALAMITOS, Calif. and LAS VEGAS, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq:...

Go Fund Yourself Show Debuts Private Viewing at “Million Dollar Weekend” Event, Keynote Presented by Show Titan Jayson Waller

JUPITER, Fla., Oct. 22, 2024 (GLOBE NEWSWIRE) -- The prestigious Million Dollar Weekend event, a gathering of...

ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management

ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management Commercial Drone market expected to grow at 23.7 CAGR...

VERB Chairman & CEO Letter to Stockholders

LOS ALAMITOS, Calif. and LAS VEGAS, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq:...

Form 8-K - Current report

VERB Stockholders Vote To Reverse Split VERB Shares To Retain Nasdaq Listing

Los Alamitos, Calif. and Las Vegas, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq:...

Pnypnchr 1 day ago

Guess that didn't work out, good to know.

Who is "they" ?

unless.., they don't like this company and want to make sure it gets delisted for not having enough shareholders.

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Wayne R 2 days ago

Things got complicated since FINRA took charge.

Now companies can say, that is what we filed but that wasn't what we meant, after the fact.

Why they'd even bother with a 1 share roundup is a mystery, unless.., they don't like this company and want to make sure it gets delisted for not having enough shareholders....

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dukeb 2 days ago

Hopefully no change to your lifestyle as a result

So I only "made .20 cents" in that account instead of 6 bucks.

Posters over on iHang are saying that they can't purchase VERB shares at Fidelity Brokerage. Fidelity has not been able to provide an explanation. I wonder if Fidelity is fighting it out with VERB on the share round up issue and won't allow buys until the matter is resolved.

The irony is that Fidelity's ban on VERB buys is probably going to prevent those iHang knuckleheads from losing more money than they have flushed already.

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ChuckBits 2 days ago

So I got a message from Schwab. They said "I owe a share" in each of the 4 accounts I bought and sold 1 share in pre and post split in!

As a reminder, I bought 1 share at .04 & sold it at 6.60

They actually bought a share in one of the accounts without me placing an order. Kinda like a short cover. I called my financial advisor & he said Schwab had "no control" over it. It's a FINFA thing. I told him what the proxy said & the 8k. They will move it up the chain but he also said "these things usually end up in a class action lawsuit".

So I only "made .20 cents" in that account instead of 6 bucks.

F'in Rory got me again...

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dukeb 2 days ago

Yes, The Titans fake boxing with each other and Rory's ridiculous outfits are the kind of entertainment that you typically see at a circus. Meltzer is a special kind of whack job.

How is that thing suppose to make money?

From the latest Q:

The Go Fund Yourself business unit generates revenue from cash fees we charge to issuers to appear on the show and for marketing, ad, and content creation and distribution services. For those issuers that sell products during each airing of the show through our platform, we charge a fee up to 25% of the gross sales revenue for all products sold.

The Q showed $ 25k of revenue from GFY. Cost of revenue to generate that $ 25k was $ 19k. They allocated $ 204k of G&A to that "reportable segment". That probably includes buying Rory's clown costumes. Throw in another $3k of depreciation and the GFY operation generated a $ 201k loss for the quarter.

Like all of Rory's previous stupid ideas GFY will fade away soon, never to be mentioned again.

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TenKay 2 days ago

I actually watched a couple of the GFY episodes…

…it was worse than I thought.

A bunch of narcissists trying to stay relevant.

How is that thing suppose to make money?

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bluesky70 3 days ago

is that a sub 5 price out on the horizon??

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dukeb 3 days ago

Obviously. It has nothing to do with the fact that the company changes business models as often as some people change their underwear. Nor does it have anything to do with the fact that the company is burning through close to $ 30k each and every calendar day with no prospects for profitability.

Rory is just a victim of circumstance. I cry a tear for him each morning.

It seems “shorts” and the “uninformed” investing public at large are to blame

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Real McCoy 3 days ago

It seems “shorts” and the “uninformed” investing public at large are to blame.

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dukeb 4 days ago

Rory needs to do another SHAC video to explain this poor performance.

Who will he blame?

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Real McCoy 4 days ago

5 one thousandths of a cent pre-pre-pre-split

100%.

If you don't get the TITAN reference you should waste some time watching an episode of Go Fund Yourself. He and Meltzer and some 3rd and 4th clowns call themselves business titans who judge the presentations of people who are trying to raise funds for their venture.

A dime store version of Shark Tank if you will, although the differentiating feature is that viewers can do the investing.

Since they've seemingly halted production of GFY I suspect the show was a flop. Just like everything else Rory has attempted in the last 10 years.

Oh well, onto the next stupid idea.

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TenKay 5 days ago

Rory has no integrity whatsoever.

He is a snake oil salesman.

And deep down…he knows it…because he keeps trying to achieve some sort of relevance.

Titan? ROTFLMFAO!!!!

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dukeb 5 days ago

Rory is drawing a salary of several hundred grand a year for doing ZERO work. He likely gets company perqs like health benefits, a car and other goodies. He recently flew to China on the company dime...probably sat in the front of the plane because...he's a Titan doncha know.

Rory has every incentive to keep the plates spinning while he smiles at his shareholders with his fake choppers and wears his stupid jackets like he's some sort of fashion icon.

He doesn’t give a shit any more.

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TenKay 5 days ago

He got his money out.

He doesn’t give a shit any more.

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dukeb 6 days ago

The line of business that seems to be getting some traction is the one where they use Verb employees and facilities to hawk other brands during livestreams. Rory stated that the company charges a fee for those services (vs. getting a percentage of sales). That's all well and good and no one other than insiders know what the numbers are. But I posit that the BEST case is that the company brings in $ 2,000 per day 5 days a week. So figure 10 grand a week.

The company overhead is over 200 grand a week. Multiply that out and the annual loss is close to $ 10 million.

The most recent Q shows the quarterly loss as just shy of $ 2 million. I don't think my numbers are far off.

And the losses should really be larger. The company maintains an asset of "Capitalized Software Development cost" that paid for the market.live site. As of the September 30, 2024 Q, the company was amortizing just $ 748k per quarter. Since the site is defunct, they should be forced to write down the entire remaining capitalized cost of $3.2 million. Shame on their accountants for not doing that.

No wonder Rory is diluting like a madman. He knows better than anyone that cash is flying out the door and the prospects of that changing are non-existent. Payroll has to be covered so he can maintain his lavish lifestyle.

but you are saying 2 of them are dead. Is Vanityprescribed all there is now?

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Real McCoy 6 days ago

So they had 3 lines of business, but you are saying 2 of them are dead. Is Vanityprescribed all there is now?

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dukeb 6 days ago

Business people know that you need to create plan before launching a business. That plan should include financial projections - especially if the project requires funding - from investors or a lender. There was no way on earth that selling the crap that appeared in the Market TikTok Shop was going to generate enough revenue to come even close to covering the company's overhead of more than $ 30,000 each and every day of the year.

Rory claims to be a serial entrepreneur. That's rubbish. He's a serial loser and he burns investor money every time he pivot to something new. Vanityprescribed will be just another in a long list of failures that Rory conjured up in his addled brain.

And the BOD is complicit.

None of it has ever been nor will it ever be real.

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The_Dohminator 6 days ago

None of it has ever been nor will it ever be real.

It's all one big shell game of scams.

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dukeb 6 days ago

It looks like Rory has abandoned two of his latest ideas.

Since the market.live platform was abandoned earlier this year, VERB employees were doing livestreams on TikTok hawking trash like $ 3 earrings and other Timu caliber garbage. The market.live web site used to list the seemingly random times when there would be a TikTok livestream.

The market.live site stopped showing the TikTok livestream schedule several weeks ago. I used to fire up TikTok and see a livestream happening once in a while (https://www.tiktok.com/@market.live_official). I no longer see Verb's livestreams. I guess that business is in Rory's rear view mirror.

IHang users have stated that Mia and some of the other Verb people are now doing livestreams on behalf of 3rd party companies and the Verb TikTok page indeed shows snippets of those streams.

It also looks like GoFundYourself is dead. The "Newest Episodes" section of the web site shows episodes from October 17, October 24 and October 31 as "Coming Soon." They can't even be bothered to post the videos to their own web site.

The GFY page on YouTube is a mess. https://www.youtube.com/@GoFundYourselfShow

Fundify is listed as being episode 5 in one spot (with a whopping 23 views) and is listed as episode 6 in another spot (66 views). Chatterworks is also listed as episode 5...with 104 views. The most popular GFY episode of all time was posted 2 months ago. It has 627 views

This is all so totally pathetic. And "Titan" Rory continues to collect his bloated paycheck.

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The_Dohminator 2 weeks ago

Hey look I'm correct again. Rory Cutaia scams. And JR30 and redspeed are part of it.

ChuckBits 2 weeks ago

Yes, just call me "Warren". Lol. Truth is I got the idea HERE and thought I'd give it a shot!

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ChuckBits 2 weeks ago

I have 5 accounts with Schwab; regular, IRA, Roth, Rollover, & wife's IRA. I hold "1 share" of VERB in one account. I bought 1 share in each of the 4 accounts with no VERB holdings. Cost was .04 each. After the RS I still had the 1 share, but pps was $6 'ish.

I sold as soon as I could thinking pps would crash. Sell pps was 6.60 ish in each account. Had I waited, coulda got more! Bottom line, my .1628 cents "investment" yielded $26.41

I'll check but haven't heard anything from Schwab or seen anything where they reversed anything?

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Real McCoy 2 weeks ago

Smart if you pulled that off.

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dukeb 2 weeks ago

Did you get your 1 post-RS share? The iHang poster she s/he never got theirs and, when they inquired, they were told they were getting a few cents for the old share...no new share.

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ChuckBits 2 weeks ago

Sounds fairly simple and straightforward, right? Sounds like they're assuming people bought 1 share to "add" to their VERB holdings. I'm thinking people did what I did; buy 1 share & then sell it after RS for a premium. Call the sheriff.

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Wayne R 3 weeks ago

Given what I seen recently, NASDAQ rules seem to be simply guidelines and they don't care if they are bent, broken or ignored so long as the listing fees are paid.

Bwtfdik 🤪

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dukeb 3 weeks ago

So the reverse split announcement about rounding up shares turned out to be a lie. Very on brand for Rory.

A post over on iHang included an email that indicated that VERB is retroactively changing the rules of the game and would be paying cash for any fractional share that was a result of the RS rather than rounding up to the next higher number of shares.

Regarding the 1-for-200 reverse stock split that became effective on 10/09/24, the following information is correct as it pertains to the shares of VERB held in your account.

The issuer has revised the processing instructions for the split. Initially, fractional shares were rounded up to the nearest whole share. Going forward, fractional shares will instead be paid out as cash in lieu. Our clearing firm will reprocess the event to reflect this update, which may result in one fewer share of VERB in your account.

TenKay speculated that VERB was rounding up shares to avoid running afoul of NASDAQ Capital Market's requirement that a listed company have at least 300 shareholders. Owners of less than 200 shares are now officially wiped out.

VERB seems unconcerned about the 300 shareholder rule (or perhaps they will be in compliance.)

After all, VERB has continuously ignored NASDAQ's rules about allowing shareholders to ask questions during the annual meeting.

And yet Rory shows up at a NASDAQ event in Las Vegas.

SMH.

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The_Dohminator 4 weeks ago

I've noticed a correlation that you continue to try and scam even though I've been proven correct now for years. So much so that you are afraid to even respond. We will never stop. We are the righteous.

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Real McCoy 1 month ago

That’s any stock.

The share price here is a result of almost impossibly poor performance and then meme type movement from all time lows.

It’s really not a battle of shorts vs longs, but of course it’s been long established that naysayers were correct here, short or not.

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dukeb 1 month ago

According to Fintel https://fintel.io/ss/us/verb there 81,226 shares short. About 1/2 of the daily volume.

How about this:
Shares Change (YoY) +1,642.40%
Shares Change (QoQ) +32.42%

Rory made such a big deal about the company having enough cash to cover expenses through the Spring of 2025. Looks like he's dumping shares into the market anyway. He wants to be sure there is enough money in the kitty to pay his salary for the foreseeable future.

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jobynimble 1 month ago

When VERB's SP drops, shorty is silent.

So, who is this mysterious Shorty?

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JR30 1 month ago

I've noticed a correlation when VERB's SP is doing well, shorty will cry. When VERB's SP drops, shorty is silent.

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dukeb 1 month ago

They are certainly lazy.

The TikTok page for Market used to provide a link back to a page on market.live so you could see the upcoming TikTok livestreams. That link is no longer on the TikTok page so you have no way of knowing when the shows are live. I suppose if you follow Market on TikTok you will get notifications but was it too much work for someone to post the schedule on Market.live?

The answer is clearly YES.

Even more evidence that Market.live is dead.

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Real McCoy 1 month ago

So crazy. Multiple RS’s to keep compliance yet acting like they are a part of NASDAQ. Absolute garbage company.

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Wayne R 1 month ago

Going to a party in Vegas is more important than running a company

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dukeb 1 month ago

Once again, Rory rubs his sh*t in the noses of long suffering shareholders. From today's PR:

“We’re honored to be with the Nasdaq team at this special invitation only 'ring in the races' Closing Bell ceremony event trackside at F1 in Las Vegas,” stated Rory J. Cutaia, VERB CEO. “The Nasdaq team has put together an extraordinary multi-day event for a small group of Nasdaq-listed issuers – no one does it better.”

VERB went from the OTC to NASDAQ in April of 2019. Accounting for all of the reverse splits since then, the equivalent prince per share was around $17,000. Now sitting under $10.

Geiskopf should also be ashamed of himself, but at this point it's clear that he and his pal Rory are just there to extract as much money from the company as possible.

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dukeb 1 month ago

Don't forget that deep down Rory is essentially an OTC scammer CEO. In the past when he has made announcements, such as the pursuit of the "illegal naked shorters," there is always a corresponding dump of shares into the O/S.

At this point I don't think even Rory believes his own bullshit. He's just keeping the VERB train running so he can collect his 6 figure salary for doing no work. And his complicit BOD is benefiting as well.

I think they think that announced participation in a hot industry segment should entitle them to valuation levels of those hot industry segment leaders.

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Real McCoy 1 month ago

I think they think that announced participation in a hot industry segment should entitle them to valuation levels of those hot industry segment leaders. Despite ALWAYS having virtually no revenue.

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dukeb 1 month ago

What isn't at all clear is what value-add VERB provides. They are outsourcing fulfillment of the prescriptions so VERB is just marking up someone else's product and service. At one point Rory proclaimed that Market.live was going to take the fulfillment responsibilities away from sellers on the platform. I'm sure that Best Buy, Athleta, GAP and others were relieved that they could rely on VERB to do the fulfillment because there is no way those multi-billion dollar retailers could figure out how to ship product. /s

Amazon Pharmacy, Cuban's Cost Plus Drugs, Blink Health and a ton of other on-line pharmacies exist - and they do their own fulfillment which allows them to offer lower prices and better customer service.

This is another bad Rory idea that will go nowhere. But he will spend millions on it before he pivots to yet something else.

He truly is pathetic.

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Real McCoy 1 month ago

Next up is the assertions that since they are attempting to get into the wellness market they should have a ludicrous valuation close to those companies actually doing big business in that market.

Anyone who bought into this based on the walkout video technology is better off investing in already successful wellness companies if that’s the space they like better than the failed walkout technology space.

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dukeb 1 month ago

The geniuses over at iHang believe they have stumbled upon Rory's most recent pivot: https://vanityprescribed.com/

The Contact Us is Rory's home in Las Vegas.

Are you still considered a serial entrepreneur when you leave nothing in your wake except multi-million dollar losses?

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Real McCoy 1 month ago

This up today? What’s going on?

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Real McCoy 1 month ago

This thing is up today? Fundamentals indicate a value of 0.

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dukeb 1 month ago

I watched a few minutes of that elevator pitch show. I understand the concept but it's really not a way to get a sense of what a business plan is all about.

GFY is a shit show. Rory oohs and ahhs over every idea. No wonder he is such a failure. He doesn't know how to discern a good business idea from something that should be a hobby.

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jobynimble 1 month ago

Here’s another site that I came across the other day, https://www.entrepreneur.com/video/series/elevatorpitch, which’s airs on the Cheddar network, while TV channel surfing…

How much money will Rory burn through while trying to compete with other numerous sites, which is expensive to produce?

Oh, I forgot, Rory working on a third venture, yet to be named?

He should change the company’s name from Verb to WePivot, Inc., which is better suited to what Verb does, going from one failed business to the next while diluting investors into oblivion…

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Verb Technology Company Inc (VERB)

Empower your portfolio: Real-time discussions and actionable trading ideas.

VERB News

VERB CEO to Participate in Nasdaq's 'Ring in the Races' Closing Bell Ceremony Live at F1 in Las Vegas

Verb Demonstrates Markedly Improved Continuing Performance in Recent Q3 Form 10-Q Filing

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 10-Q - Quarterly report [Sections 13 or 15(d)]

Form 8-K - Current report

VERB Regains Nasdaq Listing Compliance

Go Fund Yourself Show Debuts Private Viewing at “Million Dollar Weekend” Event, Keynote Presented by Show Titan Jayson Waller

ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management

VERB Chairman & CEO Letter to Stockholders

Form 8-K - Current report

Form 8-K - Current report

VERB Stockholders Vote To Reverse Split VERB Shares To Retain Nasdaq Listing

VERB Discussion

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Verb Technology Company Inc (VERB) News

Verb Technology Company Inc (VERB)

Empower your portfolio: Real-time discussions and actionable trading ideas.

VERB News

VERB CEO to Participate in Nasdaq's 'Ring in the Races' Closing Bell Ceremony Live at F1 in Las Vegas

Verb Demonstrates Markedly Improved Continuing Performance in Recent Q3 Form 10-Q Filing

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 10-Q - Quarterly report [Sections 13 or 15(d)]

Form 8-K - Current report

VERB Regains Nasdaq Listing Compliance

Go Fund Yourself Show Debuts Private Viewing at “Million Dollar Weekend” Event, Keynote Presented by Show Titan Jayson Waller

ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management

VERB Chairman & CEO Letter to Stockholders

Form 8-K - Current report

Form 8-K - Current report

VERB Stockholders Vote To Reverse Split VERB Shares To Retain Nasdaq Listing

VERB Discussion

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