Verb Technology Company Inc (VERB) Quote

And that's just the tip of the iceberg for the scam.

He's been pulling this crap for almost a decade now.

Watched some of this Rory and the laughing hyena video:

Around 5:30 in, Rory talks about how crazy low the stock price was at that time - July of 2022. The stock price in Juy of 2022 was a split adjusted $ 29 or so. Now the stock price is at 15 cents. If $ 29 was crazy low, is 15 cents...insanely low?

At around 14:00 Rory talks about VerbTV and the broadcasting of live sporting events on the platform. He mentions a pickleball tournament that was on VerbTV and how "you're going to be seeing more of that."

Was there more of that?

BTW, the domain name verb.tv is available for purchase. Verbtv.com is owned by someone but there is no content.

And I and reminded of the December 2023 PR about Verb's "national television campaign." https://finance.yahoo.com/news/verbs-market-live-launches-national-130000051.html

The MARKET.live TV commercials will air all over the country on many popular networks and television programs. Viewers can simply scan an on-screen QR code during the TV spots and be taken directly to a new site dedicated to the new MARKET.live Drop Ship Program.

I don't watch a lot of TV so maybe I missed if. Anyone see those commercials?

So Market.live is having a 24 hour "Market Mayhem" event. Will it be as successful last summer's ShopFest? LOL.

I love the Jeep give-away:

Well, they are giving away a Jeep "if we hit our goals." WTF does that mean? If they don't hit their goals does Rory get the Jeep?

Such shady sh*t going on.

Because the entire company is a scam.

Reminder: Rory was recently given a new multi-year contract. The Board thinks he's doing a great job.

I think the RS will need to be 1:30 or so. 1:18,000 with the last 2 RS’s. Insane.

Posts like his are exactly why I'm never leaving. There are people out there actively literally trying to scam people out of their money with posts like that. The righteous will not let it stand.

Here is something to ponder. Our pal Redspeed over on IHangout is spreading propaganda about how much better Market.Live is vs. CommentSold. Well, CommentSold says their platform has been used to move more than $3 BILLION in merchandise - GMV. What is the GMV for items sold on Market? Less than $ 100k most likely and almost all of those goods were purchased by shareholders thinking they are doing the company a favor by using the platform to make purchases.

But the most curious thing is a statement on the CommentSold web site:

CommentSold offers the only U.S. e-commerce integration for live selling on TikTok. Even better—we’re the only technology solution that powers multichannel live sales across TikTok, Facebook, Instagram, and your website, mobile app, and Shopify website simultaneously!

If what Rory is leading everyone to believe is true, how can CommentSold's statement be true? Why wouldn't Rory have his Corporate Counsel send a letter to CS demanding that they take down this statement.

Unless what CommentSold has on their web site IS true, in which case Rory is a liar. Again.

Source: https://try.commentsold.com/sell-everywhere/tiktok/

that was sarah. god, i feel so bad for her. ( and myself)

"If I average down enough I will eventually break even."

No...that's not true at all.

People tend to think of it as a % of how much they have lost. This is capped at 100%. So down 99.99% or something. What better shows the abject catastrophe this has been, just of how many times this has to double for the $1 to get back to break even at $10,000.

As bagholders always say :"I don't look to the past...I look to the future."

And the definition of insanity is...

Common stock issued and outstanding as of December 31, 2023: 21,231,355
Common stock issued and outstanding as of March 31, 2024: 79,300,788

They sold stock, a lot of it, diluting the O/S to nearly 4X's over that 3 month period.

Absolutely, there is truly no product. They are searching for it now. Out of the airplane searching for a parachute.

I remember when JR30 was buying in the 2s pre-pre-split. 10K at that time worth one dollar now.

LOL. Rory is the king of bullsh*t and only telling half the story.

Indeed he was able to shore up the balance sheet to meet NASDAQ's Capital Requirements.

Weighted average number of common shares outstanding – basic and diluted
As of 12/31/2022: 2,427,044
As of 12/31/2023: 6,798,972

Pity the poor shareholders who hung in there. They got slaughtered. With the next RS and subsequent share price drop they will be virtually wiped out.

OMG they are doing PRs now to announce compliance extensions? Wow.

FYI - they will have to do another reverse split.

You raise a really interesting issue. What is Verb's product now?

Market.live is fading into oblivion (although in fairness, it never made it out of oblivion). The upcoming livestream schedule (save for an event at noon eastern today) are the same sellers over and over. Look at the schedule for the week of May 13th. Drew Dorsey on Tuesday, Margot and Doll10 on Wednesday. That's it. For the entire week. Then nothing again until Drew reappears the following Tuesday followed by Margot and Doll10 on Wednesday. Then nothing until Drew reappears the following Tuesday. Wash, rinse, repeat.

It seems that Verb now considers itself some sort of consulting company that will guide TikTok Shop sellers on how to get started selling. They will also provide studio space and infrastructure (cameras, lights, internet connection) for those who are near a Verb studio in LA. or Philadelphia. Verb has no experience doing this and yet they fashion themselves as "experts" in on-line selling.

That's it. That's the business.

Verb will have virtually no revenue and yet they still have substantial fixed costs because of the studio/office space, 20 or so employees and a CEO who draws compensation nearing 7 figures.

Despite what Rory has said (because if he's talking, he's lying) the company doesn't have enough cash to sustain itself for the next 12+ months. He spends money like it's water and they will be back to try another capital raise before the end of 2024. That is, unless he pivots for the nth time, jettisons the studio space and more employees and picks a new business model.

I don’t believe it technically even has a product

VERB’s Healthy Balance and Enhanced Shareholder Equity Behind Nasdaq’s Grant of 6-Month Extension to Regain Compliance With Bid Price Rule

May 2, 2024
VERB’s Healthy Balance and Enhanced
Shareholder Equity Behind Nasdaq’s Grant
of 6-Month Extension to Regain
Compliance With Bid Price Rule
Fully-Funded Business Plan, Excess Cash On Balance Sheet, Debt
Slashed, No Going Concern Opinion, Under-Performing Assets Sold And
Restructuring Complete, VERB’s MARKET.live Business Positioned For
Success
LOS ALAMITOS, Calif. and LAS VEGAS, May 02, 2024 (GLOBE NEWSWIRE) -- Verb
Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the force behind
MARKET.live, the popular livestream social shopping platform, today announces that
Nasdaq Capital Market has granted the Company an additional 180-day period – until
October 28, 2024 - to regain compliance with the $1.00 minimum closing bid price
requirement (the “Bid Price Rule”).
In determining whether to grant the Company an extension to regain compliance with the Bid
Price Rule for continued listing on the Nasdaq Capital Market, Nasdaq concluded, among
other things that the Company met all of the continued listing requirements and all other
applicable requirements for initial listing on the Nasdaq Capital Market, with the sole
exception of the minimum bid price requirement.
That conclusion was based, in part, on the Company’s compliance with the $2.5 million
minimum shareholder value requirement, a deficiency the Company cured earlier this year
when it announced via Form 8-K dated April 25, 2024, that its shareholder value as reflected
on its March 31, 2024 balance was approximately $14 million. This represents an increase of
approximately $15.8 million over the shareholder equity reported just 10 months ago on its
Form 10-Q for the period ending June 30, 2023.
Moreover, the disclosures concerning the Company’s audited financial statements, as set
forth in its 2023 Form 10-K filed on April 1, 2024 (the “Form 10-K”), for the first time do not
contain a “Going Concern” opinion.
Indeed, the Company also disclosed in the Form 10-K that it had cash and cash equivalents
of approximately $14.2 million and notes payable of approximately $1.2 million. This
represents an increase in cash and cash equivalents of $10.9 million and a decrease in
notes payable of approximately $7.3 million over the same period last year as previously
disclosed in the Company’s 2022 Form 10-K filed on April 17, 2023.
The Company also stated in the Form 10-K that “[W]e believe that our enhanced cash
position coupled with our substantially reduced current operating costs means our operations
are fully funded for at least the next 14 months, and possibly longer subject to revenue
generation during that period. As a result, we have alleviated substantial doubt about the
Company’s ability to continue as a going concern.”
“It is not possible to overstate the extraordinary achievements of our management team over
the past 12 months in completely over-hauling, recapitalizing, and restructuring every single
area of the business,” stated Rory J. Cutaia, VERB CEO. “We have added more than $15
million dollars in cash to our balance sheet through the issuance of straight at-the-marketpriced common shares – that means without crazy below market-price stock issuances to
short-selling hedge funds or ridiculous warrant structures we see so prevalent today; we
retired almost all of our debt – only $1.2 million remains, sold-off all our under-performing
assets, slashed our operating expenses, fully-funded for the foreseeable future and added
rocket-fuel to our extremely exciting MARKET.live business, and positioned the Company
for real, measurable, business fundamental-based, success – literally against all odds and
contrary to the beliefs of all the nay-sayers who said it couldn’t be done.”


Okay, you can continue with your mud slinging fest again.

Companies don’t post articles that say their products aren’t successful.

They have to post their financials and when there is no sales, investors with a brain understand their products aren’t successful.

This company literally generates no sales. I don’t believe it technically even has a product. But to the extent it does, it’s products are no successful at all.

I'll answer every question you give me big dawg. You know I'm onto your scam boi

JR30 as.big of a moron as redflix and rory. LOL

I just noticed that several of the Drew Dorsey livestreams indicate they start at 4:15am.

Is Drew doing shows after she wraps up a night of partying or are the employees of Verb/Market unaware of the difference between AM and PM?

ad hominum attacks don't support your argument, jr. you should go bacxk across the street to red and his drones if you can't be civil.

Slinging mud? Is that what stating facts is to you?

That wasn't a link to an article that says it wasn't a success, but I think you already knew that. Pretty flaky research on your part imo.

Here's a few that says it is a success.
VERB's MARKET.live Livestream Shopping Business Plan is Now Fully Funded
VERB’s MARKET.live x TikTok Shop Partnership Event Set for April 25th
VERB's MARKET.live Adds Another 100 Retail Brands to Its Livestream Social Shopping Platform
VERB's MARKET.live x TikTok Shop Partnership Event Draws Over 300 Attendees

Sling the mud any way you want, it won't stop Market.Live from being a huge success.

Here’s the link…

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001566610&owner=include&count=40&hidefilings=0

Now please point to the filing that showed a dramatic increase in revenue…

Please stop the nonsense and show why marketlive has been a success when revenue to date has been abysmal…

I didn't start the "nonsense". Quit avoiding answering my question and show me your links first to prove what you said, or otherwise be considered a basher that only spreads propaganda about VERB. You have tried to do this many times before under a different alias on other boards.

Please stop the nonsense and show why marketlive has been a success when revenue to date has been abysmal…

"So whose fault is it that marketlive hasn’t been a roaring success?"

Do you have a link to the article that says it wasn't a success, or is this more of your disbarred brokerage propaganda?

So, you have no answer to my question then? No links? Not even one? No links = biased opinion

Must just be disbarred brokerage propaganda then like I thought.

So marketlive has been a success? Based on what? Revenue or Rory’s sayso?

So whose fault is it that marketlive hasn’t been a roaring success?

Do you have a link to the article that says it wasn't a success, or is this more of your disbarred brokerage propaganda? I'm seeing quite the opposite.

So whose fault is it that marketlive hasn’t been a roaring success? Shorters? Rory?

Market.live added more livestreams to the schedule.

After Ali's final show on May 8 there are just 3 streamers remaining on the platform:
Doll 10
Drew Dorsey
Margot

For years Rory has been promising all kinds of new creators and influencers (remember "Calling All Creators" ??). A few have shown up for one or two appearances but none of them stay because they quickly learn that a) Market gets no eyeballs b) It's a waste of their time because no one buys anything. Even Crackhead Mike Lindell knows this...and he's a dope.

Market.live is another of Rory's bright ideas goes down in flames.

The TikTok Shop nonsense will be no different.

But as long as Rory continues to collect his nearly 7 figure salary he's just along for the ride.

You’re down more than 99% and with all the dilution, you need this to hit 9 figures to break even.

Some seed that was planted. Dumbest thing ever.

Oh, right...the balloon tunnel and the couches. How could I ignore those? And the guy painting Flintstones characters. I'm sure Hanna Barbera will be happy to see that Copyright violation.

Never underestimate Rory's penchant for hyperbole, exaggeration and...lying.


But, but, but the balloon tunnel! The couches!!

thanks. truer words were never spoken.

Dude your scam is almost over. Rory Cutaia has been ripping people off for years. And you and your goons are part of it. We know this. You know I know. Just stop.

Savvy investors know it takes time for the seed to grow before reaping the rewards of fruit.

Yeah, well, that’s what is supposed to happen with growing, successful companies. Unfortunately, anyone who bought years ago and held, blindly believing Rory to not sell, have been reverse split into oblivion…

Your story always changes to fit whatever is convenient at the time. First, it’s an investment, but when called out about how many people lost money buying and holding then the story changes to, well, investors shouldn’t have held steadfast but instead had opportunities to trade in and out of it…

So where do we stand now? Investor or trader?

the share price is really reflecting that, jr.

I understand a lot of people (mostly non-investors) are butt hurt that the SP didn't move much since the event, but did you think the event was meant to immediately move the SP up, or promote the partnership to attract more business for both VERB and TikTok? What would more business eventually do to Verb's SP? Smart investors know what will happen. "Pretend investors" can't see (or won't admit) what will happen with time.

Naive investors plant a fruit seed and give up the same day because the seed hasn't produced any fruit. Savvy investors know it takes time for the seed to grow before reaping the rewards of fruit.

Could you imagine AAPL putting out a press release and touting couches and balloon tunnels at a product introduction event?

Bizarro World…

Just to state the obvious- this investment did not work out.

But, but, but the balloon tunnel! The couches!!

TikTok Shop provides a list of its partners on its web site. Why isn't Market.live (or Verb, or bboth) listed?

https://business.tiktokshop.com/gb/outstanding-partners

You're right. This is another pivot.

It looks like Verb is counting on fees they get to help people onto the TikTok Shop platform. No revenue to Verb for a percentage of the sales or for fulfillment services (which was a joke to being with).

And Verb is just one of many companies providing the same service. Nothing unique here.

Rory is a liar.

JMO, the newest pivot:

Be sure to watch the video. No way there are 300 people there unless Rory is including the people who are working the event. And even then it looks like fewer than 100. He's a liar.

bringing together more than 300 attendees at MARKET.live’s Studios just outside Los Angeles.

JMO, the newest pivot:

They also shared the nature of the services MARKET.live will provide, such as onboarding assistance for some of the more than 6,000 businesses that reach out to TikTok Shop every day to establish a presence on the platform, and how we will work together to achieve greater growth moving forward.

the share price is really reflecting that, jr.

“One of the event highlights was an engaging presentation by TikTok Shop executives
broadcast on monitors throughout the MARKET.live studio facilities, including the areas
outside the studio facilities accessed via balloon tunnel - lined with couches, bars, several
experiential displays, and multiple food trucks to accommodate the overflow crowd.”

Wow!! That balloon tunnel sounds like it was a big hit!