Verb Technology Company Inc (VERB) Quote

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.

He got his money out.

He doesn’t give a shit any more.

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?

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

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.

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

It's all one big shell game of scams. 

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.

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

I'm lovin' it.

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

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?

Smart if you pulled that off.

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.

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.

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 🤪

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.

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. 

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.

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.

When VERB's SP drops, shorty is silent.

So, who is this mysterious Shorty?

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

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.

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

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

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.

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.

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.

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.

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.

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?

This up today? What’s going on?

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

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.

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…

“please be honest“

Good luck with that….lol.

Remember Lucy and the football…

Redspeed and JR30 are part of the scam. It's that simple. 

maybe someone is trying to take verb private. if so, bye bye.

So sad. They sold because they couldn’t buy all the shares of this unbelievably poorly performing joke of a “company”??

How could anyone be so delusional?

I gotta say that Redspeed over on the other board finds ways to twist himself into a pretzel.

A poster reported that a hedge fund that was a significant holder of VERB shares sold almost half their shares.

Redspeed's response:

CORSAIR CAPITAL MANAGEMENT sold about half their position. Who knows, maybe they sold all when they realized they couldn't buy all the shares if that was ever on their minds. Maybe they sell, short, cover, rebuy?

And a web site that has VERB shares flagged as "Significantly Overvalued" (their formula suggests the share price should be around $ 2.50) elicits this comment from Redspeed:

Can't have it both way. Maybe they forgot to flip it to Significantly Undervalued now that VERB is valued 'according' to GF at twice the price.

The explanation that the algorithm "forgot" to change the rating to Undervalued is laughable. The site's formula (for what it's worth) says a share is worth $ 2.50. That's 1 1/4 cents a share pre-reverse split for those of you keeping track of such things.

Rory continues to burn more than $ 28,000 of investor money each and every calendar day with no indication that profitability or positive cash flow is on the horizon. He's dangling a third revenue source (adding to the TikTok shop that brings in less than $ 1,000 per day in gross margin, GoFundYourself being the second - note that the GFY YouTube channel has 101 subscribers...and there's been a whopping 20 views for the show that was released 4 days ago...the most "popular" video from 2 months ago has 530 total views).

Maybe the third revenue stream will be a lemonade stand operating from Rory's driveway. That Vegas sun can be mighty brutal. I can see this being bigger than TikTok or GFY.

jr...i lost just over 70k on this stock after buying before the uplist. how much did you lose so far? please be honest.

The only scam here is you and redspeed.

The righteous know. And will never stop. 

Reps can never give a reason determined at higher levels.

The company is a scam. Thats the reason for the action. It has effectively no product.

Yes, it is a scam.  I have had to use different brokers to buy more VERB shares.  Calling Fidelity did not solve the issue, which has been ongoing for at least 2 weeks now.  The rep at Fidelity said that their firm has blocked all buy orders for VERB.  They could not (or would not) give a reason.

You can call them to buy. They are protecting their customers. This is a scam.

if fidelity is only allowing sell orders, who are they selling to? i don't get it.

you do see the trend, no?

I see that Fidelity does not allow buy orders for only VERB shares, but does allow shareholders to sell. Can you see the downward trend that could create on the SP? Do you know of another fairly recent stock that a brokerage firm stopped all buy orders, but allowed only sell orders? I do.

Any ideas on how I can get in on the 28k per day in management?

I am perfectly capable of doing nothing and getting paid for it.

but not for long, jr. you do see the trend, no?

The company is burning $ 28,000+ each and every calendar day. I have not been monitoring the share count but I've read that the company is diluting.

And yet the only theory the geniuses on the other board can come up with is that there is some sort of conspiracy or hatred for VERB that is causing the share price to fall.

It has nothing to do with Rory guiding the company in and out of a multitude of businesses leaving failure in his wake. As he and the BOD collect 6 figure salaries.

Nope, can't be that at all.