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Verb Technology Company Inc

Verb Technology Company Inc (VERB)

0.1162
-0.0038
(-3.17%)
Closed July 19 4:00PM
0.1148
-0.0014
(-1.20%)
After Hours: 7:59PM

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VERB News

Official News Only

VERB Discussion

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bluesky70 bluesky70 14 hours ago
verb briefly hit a new low at .11....congrats, rory!
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dukeb dukeb 14 hours ago
Rory is AWOL, but if he were to subject himself to questions from shareholders or stock analysts, a fair question would be: "What business is VERB in?"

I don't think that Rory could come up with a coherent answer to that question. The company is schizophrenic at this point. Market.live is dead and buried. The pivot was supposed to be consulting?? to people who wanted to sell on TikTok (even though Verb/Market itself has demonstrated no ability to sell products...and yet they are experts advising others?) to a 60/90 minute TikTok Live where Gen Z shows dollar store crap and tries to sell it.

There is no business model. Even non-shell companies on the OTC have some sort of plan. But NASDAQ listed Verb doesn't seem to have one.

On March 18, 2024, Verb Technology Company, Inc, a Nevada corporation (the “Company”), entered into subscription agreements with certain institutional investors (the “Agreements”), pursuant to which the Company agreed to issue and sell to the investors 20,851,667 shares (the “Shares”) of Common Stock, par value $0.0001 per share of the Company at a price of $0.24 per share for gross proceeds to the Company of $5,004,400.08.
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Real McCoy Real McCoy 15 hours ago
I’m just confounded by this market cap. Who would pay 11 million dollars for this? There is no revenue, at all. There is literally no product.
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glenn1919 glenn1919 2 days ago
VERB.............................https://stockcharts.com/h-sc/ui?s=VERB&p=W&b=5&g=0&id=p86431144783
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dukeb dukeb 2 days ago
An idiot wrote that. Typical Market.live laziness and sloppiness. How about this:

Event Details:

Date/Time: Friday, July 19, 2024
Location: YouTube Theater, Inglewood, Calif.
Hosts: David Meltzer and Dane Cook
Special Guests: Baron Davis, Marshall Faulk, and more
Hosted by: Rob Riggle
Watch and Shop: Exclusively on MARKET.live (RSVP to get alerts)

Time? What time?

If you go to Market.live and click on "Upcoming Live Events" it reveals that the event is scheduled for 10:45pm (adjusted for my time zone).

If you go to https://www.youtubetheater.com/ the time shows as 7:30pm (Pacific time). The venue says is has a capacity of 6,000 people.

If you click on the BUY TICKETS link it brings you to Ticketmaster web site where the cheapest seats (including fees) are $ 101.45 up to $ 935.25 plus $25 to park.

You can also buy a box for $ 3750 (includes 3 parking passes)

Market announces on Wednesday that there's going to be a super duper audience driven event two days later. Who is going to see that announcement? Anyone signed up to receive VERB news (almost no one) or anyone who visits the Market.live web site (almost no one). People who go to the YouTube Theater web site? LOL.

And who is going to pay $ 100+ to watch this event? No one.

I will tune in if they promise to flip the cameras around to show 5,975 empty seats.


Who wrote this?
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jobynimble jobynimble 2 days ago
“The Collab is more than just a show, it's a unique experience that invites you to laugh, think, and perhaps even change your perspective on success and happiness. Tune in to "The Collab" and be part of a journey that promises to entertain, enlighten, and inspire, making you laugh one minute and reflect the next. Whether you're in for the jokes or the gems of wisdom, Dane Cook and David Meltzer are here to ensure your time is well spent in the most enjoyable way possible.”

Who wrote this?
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jobynimble jobynimble 2 days ago
“About The Collab: In this innovative series, laughter and learning collide as two of the most creative minds in entertainment and entrepreneurship come together. Join Dane and David as they navigate through engaging discussions and heartfelt conversations with special guests from various industries, offering viewers an entertaining yet profound exploration of life's biggest questions and challenges.”

I don’t know if I should lol or just feel sorry for shareholders who got bamboozled…

Um, it’s both…
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jobynimble jobynimble 2 days ago
https://www.globenewswire.com/en/news-release/2024/07/17/2914541/0/en/VERB-s-MARKET-live-Selected-to-Deliver-Exclusive-Shoppable-Livestream-Simulcast-of-the-Dane-Cook-David-Meltzer-Event-The-Collab-Live-From-Youtube-Theatre.html
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Real McCoy Real McCoy 2 days ago
I don’t know. This is a crazy high valuation right now.
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Invest-in-America Invest-in-America 2 days ago
VERB: Indeed!!! (If its FLOAT gets any bigger, that alone will SINK-IT to the sewers!!)
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Awl416 Awl416 2 days ago
Why isn’t this trading in the sewers….
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Awl416 Awl416 2 days ago
VERB’s MARKET.live Selected to Deliver Exclusive Shoppable Livestream Simulcast of the Dane Cook & David Meltzer Event “The Collab” Live From Youtube Theatre
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Real McCoy Real McCoy 1 week ago
No way it can be 1:20. They have to be prepared that this can be shorted down to a 1-2M market cap, where it sat for a while not long ago.

I think it has to be 1:60 or more to be safe they won’t be right back here.
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bluesky70 bluesky70 1 week ago
if verb isn't bankrupt soon, what will the r/s be? 20-1 or higher? if that happens, i'll have less than a buck in my account. so proud of rory.
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Homebrew Homebrew 1 week ago
LOLOL...What a "surprise"....wink wink.
Rumors of Verb bankruptcy? I’m shocked, I tell ya, shocked…
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The_Dohminator The_Dohminator 1 week ago
JR30 will never apologize. He's part of the scam
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jobynimble jobynimble 1 week ago
Rumors of Verb bankruptcy? I’m shocked, I tell ya, shocked…

Btw, any apologies forthcoming for attacking the skeptics who were right from the get-go?
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dukeb dukeb 1 week ago
As of March 31, the company reported having over $ 14 million in cash and $ 6.4 million in liabilities. There are multiple forms of bankruptcy but typically they are used by companies when liabilities substantially exceed assets.

That's not the case with VERB.

Rory should shut down the company and liquidate, providing shareholders with a few pennies per share as a final distribution.
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mister mister 1 week ago
I am hearing from unconfirmed sources that Rory is leaving the company as verb will be shutting down and declaring bankruptcy again can't confirm this but this source has been fairly accurate before. I am saddened by all the shareholders including myself who were led by a trail of lies and deceit committed by Rory. I hope he finds a place in a prison cell and rots in hell.
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Real McCoy Real McCoy 1 week ago
Holy cow
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dukeb dukeb 1 week ago
Well, the farce has ended. The lonely Ali events that, until today, appeared on the Market.live upcoming streaming schedule have been removed.

There are officially *0* livestreams on the schedule.

Here's a link to a PR about ShopFest, the 2022 event that signified the launch of Market.live.
https://ir.verb.tech/news-events/press-releases/detail/168/verb-announces-shopfest---a-3-day-interactive-livestream

Poor thing didn't even make it to the "Terrible Twos."

The only business that remains is TikTok something something. It's not even clear what Verb's relationship is with TikTok or how the company intends to generate revenue. Right now one of Verb's Gen Z employees is putting on her makeup while livestreaming from her bedroom. Such compelling content.
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bluesky70 bluesky70 2 weeks ago
111 days to go. which comes first...decertification or bankruptcy?
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dukeb dukeb 2 weeks ago
I wasn't able to check in on the Ali stream at 3pm, but I can tell you that Doll10 was a no-show at 4pm.
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Real McCoy Real McCoy 2 weeks ago
Totally agree with you on all.
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dukeb dukeb 2 weeks ago
Now appearing on Market.live TikTok channel.

They obviously turned off the feature that shows how many people are watching. And look at the bots along the right margin. I've seen the bots say BUY THIS NOW! from dozens of phony accounts. More sadness.

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dukeb dukeb 2 weeks ago
I've resisted the scam label for a long time, but developments over the last few years are causing me to re-evaluate.

I think that Rory was putting in a decent effort to pursue the CRM with video path. In retrospect that was ill conceived and poorly executed and you can't justify Rory's penchant for hyperbole bordering on outright lying and his profligate spending on a stylish office space that never should have existed.

He overpaid for acquisitions and proceeded to destroy the products he purchased in order to feed his own ego. Then he sloughed off that business for a small fraction of what was invested in them.

But onward we go to Market.live - the future of on-line shopping. Despite Rory's promises and prognostications, the platform never got off the ground. Your position is that the tech is amateur at best and I'm not in a position to comment. What is clear is that there was never a serious marketing effort to make people aware that Market.live existed. Early streamers saw 20 people or so watching with almost no one opening up their wallets to make a purchase. Many of the products were available cheaper directly from the vendor's own web site or on platform such as Amazon. What value add was there for Market? NONE.

When it became clear that streaming on Market.live was a waste of time, almost everyone abandoned the platform which translates into even few people watching. Rory's next move was to bring in a parade of clowns including the two idiots with their DJ, Crackhead Mike Lindell and has been Frankie Avalon pushing his magic potions.

Market quickly became a cesspool of sadness.

Now cometh the pivot to TikTok. But it's not even clear what the business model is. They say they are charging fees to advise influencers on how to use TikTok to generate product interest and sales commissions. But what makes the slacker Verb employees qualified to advise others on how to be successful?

If you've watched any of the TikTok streams put on by Market they are a sh*tshow. Two (or three if you include Drew Dorsey who lost any remaining ounce of self respect she once had) twenty-somethings pushing dollar store crap and begging people to buy the last $1 plastic purse "so we can go home early."

They are also supposedly renting out studio space but I don't think they've brought in a nickel doing that.

More failure and more sadness.

Meanwhile, Rory has decamped to Las Vegas. Still presumably collecting his six figure salary.

VERB. NASDAQ listed. The shame of it all.

Final edit: One of the few remaining streamers on Market.live has been Margot from Elizabeth Grant Skin Care. Margot's farewell stream was scheduled for 2pm eastern time today. It is now 2:10pm and apparently Margot is a no-show. Will Ali show up for her 3pm and will Doll10 show up for their 4pm? LOL.

It's a scam. Has been for years.
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The_Dohminator The_Dohminator 2 weeks ago
Nothing is happening. It's a scam. Has been for years. Rory Cutaia will be on American Greed.
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dukeb dukeb 2 weeks ago
Seriously...what is happening with Verb/Market and its supposed efforts to become a tour de force on TikTok?

Market.live appears abandoned. There are 3 livestreams today (perhaps the presenters will show up, perhaps not). The schedule then shows Ali doing a show next Wednesday and a show the Wednesday after that. Nothing else on the schedule. Put a fork in it.

So the latest Rory pivot is to TikTok. Go to Market's page on TikTok and you'l lsee a link to: https://shop.market.live/

Scroll down and look at the "UP COMING (sic) LIVESTREAMS & EVENTS"

My calendar says that today is July 3. According to Market, UP COMING (sic) runs from June 17 through June 21. Are they that incompetent and lazy? Apparently so.

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yerboss yerboss 2 weeks ago
Put this thing back on the OTC and we will get it back up (we did get it to over $18!).
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dukeb dukeb 3 weeks ago
Could be, but Rory is the kind of guy who could sell snow to (stupid) Eskimos. He can be very convincing.

Guys like Rory thing they are smarter than everyone else. "Build it and they will come."

What Rory lacks, IMO, is the understanding of the need to market these platforms. Could a really good CMO and a big promotions budget be enough to gain traction in both the CRM and on-line selling arenas? Who knows.

In the end, he is a failed businessman no matter how many times he pivots...spending millions of investor money every step of the way...including putting millions into his own pocket.

The BOD should have fired him long ago.
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poster44ny poster44ny 3 weeks ago
Go to the OTC Finanicals and note the many (4 years) of: Sales, General and Admin $90m vs the Gross Profits Ratio $11m and it is obvious there was never any intent to succeed, thus no "failure" rory was just pissing on the SS into massive dilution... a share selling scheme.

https://www.otcmarkets.com/stock/VERB/financials
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dukeb dukeb 3 weeks ago
Be sure to check out the livestream schedule on Market.live

They only stream on Wednesdays and there are just 3 sellers who bother to do so. Three streams this week. Three streams next week and then only one on the schedule for each of the following two weeks.

Rory promised "scores" of livestreams going on simultaneously. That would suggest at least 40...hundreds a day and thousands each month.

As it stands the "run rate" is about 10 per month.

What does Rory have to say about this colossal failure?
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Real McCoy Real McCoy 4 weeks ago
The idiotic statement is believing failed investments are due to posters on a message board. This was called in advance .

Why is it that every OTC type stock careening toward all time lows has posters that reference “paid bashers”, which course there are negative posters on a stock that is failing as failing is negative, and no one has ever been able to confirm any organization that pays said bashers?
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The_Dohminator The_Dohminator 4 weeks ago
I'm still here baby

And never leaving

The righteous will prevail
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JR30 JR30 4 weeks ago
If stock bashing was his day job (as everyone knows that’s only made up by people who lost out and don’t want to blame it on themselves) he would have just earned a gold star with that hard roast.

What an idiotic statement. I guess that's why you're stuck on a board with no financial interest in the company.
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Real McCoy Real McCoy 4 weeks ago
If stock bashing was his day job (as everyone knows that’s only made up by people who lost out and don’t want to blame it on themselves) he would have just earned a gold star with that hard roast.
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dukeb dukeb 4 weeks ago
Hilarious, but incomplete.

In needs an epilogue where Chucky's scheme is exposed and we find out that he spent all investor money on exotic trips, cars and bling. Chucky goes to prison, gets released after 25 years and, after his release, he contacts his first round victims asking them to give him more money because this time he has a way to provide guaranteed 40% annual returns with no risk!

And then JR30 a) sends Chuck more money and b) launches barbs at people who call Chucky out for being a scammer.

No offense, Chucky.
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Real McCoy Real McCoy 4 weeks ago
Hahahahaha

That’s hilarious.
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Real McCoy Real McCoy 4 weeks ago
Really great and informed and articulate commentary on how this has no endgame and also a good hard roast.
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jobynimble jobynimble 4 weeks ago
Saw every Profit show, very good…
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dukeb dukeb 4 weeks ago
I saw that comment and thought....well...JR30 works for a company that does dumb stuff and hires dumb people.

Have you ever watched the CNBC show "The Profit" ? There are no new episodes but checking out the prior seasons is worthwhile. Marcus Lemonis, who owns the Camping World retail chain, goes into small businesses that are failing. He does a quick look see to determine if it's something that he thinks he can fix. He then makes an offer to become a partner. If his offer is accepted one of the first things he does is look for stale inventory that isn't selling. He sets up a firesale of sorts, sometimes pricing things at 10 cents on the dollar.

This does two things:

1) It converts stuff that isn't selling into working capital
2) It frees up storage space allowing the company to either reduce its real estate footprint or free up space that can be used more productively.

To his credit, Rory is fairly quick to abandon his bad ideas. He blows through tens of millions of investors' money each time and he never accepts responsibility for his failures, but he does pivot regularly.

Go back and look at David Meltzer's videos where he gushes over Rory as a visionary who is going to change the trajectory of on-line shopping with Market.live.

Looks like Market.live is dead...and Rory has moved on to TikTok.
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jobynimble jobynimble 4 weeks ago
The company I work for has been storing thousands of customized T-shirts due to having to buy the required minimum, which was way higher than what was actually sold over the past 5 years.

Oh, I see now where your frustration comes from, ordering too many t-shirts that you have/ had trouble selling…

I feel sad for you…
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jobynimble jobynimble 4 weeks ago
It’s got to be frustrating for you to be wrong so many times over the years about Verb but resorting to name calling won’t solve your problems…

I mean, seriously, why aren’t you holding Rory and the BOD accountable instead of blaming skeptics? You’re learning bad habits from the CEO calling disgruntled shareholders bedwetters and making empty threats about a new sheriff being in town…

How childish for a CEO of a public company to resort to name calling, is that who taught you that?
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dukeb dukeb 4 weeks ago
VERB's announcement about an integration is like very other integration that they've made before going back to the CRM days.

Salesforce
Microsoft
Marketo
Oracle

They were all failures and they were all meaningless. This will be no different.

And it looks like the market.live site is about to be shut down. 8 streams over the next 4 weeks.

Another Rory failure.

You break even at what stock price? IIRC it's around $ 1,800 a share. Keep pumping.
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JR30 JR30 4 weeks ago
Companies like Rage have been doing this for years

Not quite...


Rage

"Virtually No Minimums
You can order a single customized item for most of the products we offer. For the ones we don’t, we have the lowest possible minimums."

Notice they still have minimum quantities on some products, which creates potential odd-lot inventory costs, breakage, and other inventory management expenses. VERB is the only one that has integration with TikTok Shop, empowering TikTok Shop creators and brands to offer custom merchandise directly through their TikTok shop, utilizing their TikTok Shop handle, without the burden of inventory management costs. Looks like several here are still on the crack pipe. Btw, you can now get your pipe customized through TikTok Shop.
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The_Dohminator The_Dohminator 4 weeks ago
He's been part of the scam for years. Nothing but a bully.
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Real McCoy Real McCoy 4 weeks ago
This was a problem that has already been solved at the e-commerce level.

I’m not asking anyone with a hat or T-shirt shop as they are in an antiquated business.

I seriously can’t believe you’re down 99.99% and hurling insults.
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dukeb dukeb 4 weeks ago
Companies like Rage have been doing this for years: https://www.ragecustom.com/

So, today’s news says printed items such t-shirts and hats don’t need to be produced beforehand and stored in inventory, any seller can print them on demand from online orders…


And who is going to buy David Meltzer merchandise? On the narcissism scale, DM makes RC look like a piker.

Delusion to go alongside the dilution.
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jobynimble jobynimble 4 weeks ago
Verb has been a crappy investment from the get-go, meaning buyers who never sold on the volatile runs. The only ones who’ve made money were traders smart enough to trade it, not buy and hold…

Please explain why no 8-K filing if today’s news is so significant…
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JR30 JR30 4 weeks ago
The market has responded, look at VERB’s stock price…

Put the shovel down…


Know what you're talking about first.

Put the crack pipe down...
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