(Total Views: 304)
Posted On: 01/25/2023 12:22:23 PM
Post# of 32290
In my opinion, reaching $1 (and hold above that for 10 consecutive trading days) based off of just the news of Verb evaluating actions to address suspected illegal trading of its shares was slim. The elephant in the room is naked shares. Until public companies (especially small cap tech companies) can find an effective way to handle this illegal activity, they will always be a problem. With the small cap companies banding together and working together they can educate each other and find novel legal ways to help bring the naked shorting activity to an end. One way they can do this is to do a special dividend. This type of dividend doesn't really do anything good or bad for investors, but it makes the legal existing shares be accountable which would expose any illegal naked shares. With this proof, legal action can be taken to bring this activity to a stop. Imagine what our SP could be with good news and no naked shorting.
Any activity that VERB can do which will cause existing shares to be accountable will expose the naked shorts or make them cover. Special dividends are just one example. Notice that the form 4s have not been PR'd yet? Ever wonder why? The details of the closing of the underwritten public offering haven't been released as well. I think a lot of people will be surprised when that gets released. It might even be accompanied with a PR of an acquisition, a merger, or partnership with a company that has deep pockets. That would also end the quiet period that seems to be happening right now.
Any activity that VERB can do which will cause existing shares to be accountable will expose the naked shorts or make them cover. Special dividends are just one example. Notice that the form 4s have not been PR'd yet? Ever wonder why? The details of the closing of the underwritten public offering haven't been released as well. I think a lot of people will be surprised when that gets released. It might even be accompanied with a PR of an acquisition, a merger, or partnership with a company that has deep pockets. That would also end the quiet period that seems to be happening right now.
![](/m/images/thumb-up.png)
![](/m/images/thumb-down.png)
![2092829928_rocketscopy.jpg](https://investorshangout.com/images/MYImages/2092829928_rocketscopy.jpg)