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Verb Technology Company, I VERB
(Total Views: 638)
Posted On: 06/10/2021 3:25:44 PM
Post# of 32973
Posted By: fred20155
Re: redspeed #23276
I'm pretty sure sometime last year when asked, Rory said the average rate per user was $1 a month but they were hoping to start increasing that. So if it is now over $2, then it has doubled in the last year, or perhaps more recently. The 40 enterprise users signed up for Verb Live is indeed great news, and even better than expected. It shows there is indeed a great demand for VerbLive. It does show that we are about to see a significant revenue increase, even under the most conservative scenario of the ones you pointed out. That is the kind of increase that would also increase the revenue multiplier, in determining market cap. I think the current multiplier is around 8, but it has the potential to go much higher as the revenues increase at a higher rate.

Good points on the Zoom timeout during the AGP presentation, which really isn't a big deal, and if anything it was on AGP's side, not Verb's. I didn't know how long the presentation was going to last, and was surprised at the 30 minute mark it showed no signs of ending .It was good for Rory to get a chance to go longer than 30 minutes (or sometimes only 20 minutes at investment conferences), as well as take some real meaningful questions.













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