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Verb Technology Company, I VERB
(Total Views: 487)
Posted On: 07/09/2019 5:54:36 PM
Post# of 32970
Posted By: SisterMoon1
Following the money: We are now 3 months past the offering which left Verb with 2 1/2 million dollars of funds for current operations. Seems to me that they may be exceeding revenue projections to not have needed to raise money by now, as their burn rate is well over 1 million dollars/month. I am simply speculating here, and if true, this bodes well for the stock SP to take off very soon. If additional funds are raised, it is in line with Rory's stated expectations, so we may be in for a very nice surprise, if that doesn't happen soon or is not a significant amount of cash. We don't have to wait until 2Q revenues are announced to get a good guess how revenues are doing, if you follow my logic. There was a lot of interest in $1.98 shares today. Maybe I am not alone in this thinking.













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