This was the post Rory replied to: I am disappoin
Post# of 32626
I am disappointed in the stocks ability to hold previous Resistance at .75 and let Rory know how exhausted we all are in trying to defend our stock. Here is his response!
Your email was a great reminder about why I intend to get this company off the OTC as quickly as possible. “I will no longer stand up for you until I see some kind of action being taken!” Really R$$$$? You seem to forget or disregard the SEC selective disclosure rules, or assume, incorrectly, that just because we didn’t put out a news release or a Form8-K filing disclosing what actions we’ve taken to address what appears to be illegal trading activity that we’ve done nothing. Did you really expect it to happen overnight? And do you think I want to telegraph to the offenders what we’re doing so they can continue deleting their accounts? Likewise, you expect us to have some magical power over Oracle to impose on them a timeline for our press release. While I’d like them to release it, I fail to understand the significance of it at this point. The fact is, we’ve completed the integration, anyone with a computer can confirm that we’re on the Oracle Netsuite site. Despite what the bedwetters say, it is in fact a real deal with one of the biggest companies in the world who obviously valued us enough to partner with us. And there’s more to come – way more. Sadly, most people on the OTC have a day-trader, instant gratification mentality. Let me make my 7 cents per share today and get out. That’s not how real investors make money and that’s not what this company is about. This is about creating meaningful, long-term institutional value that doesn’t happen in 6 weeks or even 6 months. Unlike most OTC companies, I’ve got real skin in the game – over $3M of skin, plus I converted half a million dollars of accrued salary into shares at over $1.40 a share. And I’ve never sold a single share. Not one. Nor has anyone on my team. Why do you think that is R$$$$? It’s because we’re execuyting a plan to deliver real value to ourselves and our shareholders – not the pennies that day traders look for. Over the long haul there will be ups and downs, peaks and valleys. Every major success goes through it. It will be no different here. And I know – because I’ve done it. And very few people trading OTC stocks for pennies can make that claim or even understand what I’m talking about. Get some perspective. Think about where we were 6 months ago and compare that to where we are right now and where we’re going. We’re fully funded. Version 2 is complete. We’ve signed Oracle Netsuite and Marketo. Other integrations are in the works. Six months from now we will be an entirely different company. Hold onto the message you wrote to me today and read it to yourself six months from now and then ask me if I’ve “stepped up” R$$$$. Feel free to share my response with anyone else that needs a reality check. I’m busy executing.
Verb Technology Company, Inc (VERB) Stock Research Links
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b]Rory Cutaia of $FUSZ SHAC Message - 04/29/18/b]
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