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Verb Technology Company, I VERB
(Total Views: 514)
Posted On: 09/07/2020 12:29:20 PM
Post# of 32974
Posted By: majorexchange
Re: Both shallow #21134
In the latest offering prospectus, Rory details the "Use of Proceeds" from $VERB's capital raise, Shallow.

https://seekingalpha.com/filing/5091757 Page 23

Quote:

"However, we currently intend to use the net proceeds to us from this offering primarily for broad-based market awareness of our existing ​ and ​forthcoming products, including verbLIVE, and for general corporate purposes, including working capital, research and development, and capital expenditures".



Personally, I was thrilled with the term "broad-based", rather than targeted, when speaking of the allocation of proceeds.


"Broad-based market awareness", leads me to believe that $VERB's advertising efforts, and expenditures, will be in/on a diverse selection of media platforms...a number of which are detailed below, with pertinent current industry trends being cited.

The 45 Most Important Advertising Statistics of 2020....Smallbizgenius 8/12/20

https://www.smallbizgenius.net/by-the-numbers...tics/#gref













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