Redspeed, I hear crickets chirping on the BWers admitting institutional investors were selling. They also accused Rory lying about the institutional investors saying no institutions would invest in a company like VERB and claimed Rory was conducting a scam. The BWers have no qualms about lying, you will never see them admit they lied, in fact I have seen them double down on lies. They have no guilt, they are the scam artists yet they accuse Rory of being one! The same institutional investors bought more in the new offering, that speaks volumes. The BWers response? “Oh my gosh more dilution, it is spiraling out of control, blah blah blah”. They would have said the same if instead of think Rory took on debt, however that is normal in this stage of the game. The dilution is small and the cash infusion is well needed to continue aggressive product development. It speaks volumes some of the same institutional investors bought again. These are Tier 1 investors as Rory said they were, much to the chagrin of the BWers. I agree we have some high quality firms and I don’t need a large quantity either.
The BWers are already pivoting to their next angle of attack. They don’t admit their lies and just pivot to new lies. That’s what they do. Must not be a fun life being a BWer and flipping shares for pennies. Their desperation is showing but eventually they will move on to another stock with the sane lies. Have their silly inept bottom of the barrel law firms found a real plaintiff yet, or even better California lawyers that can actually legally represent them in a California court? Those lawsuits are going to fall apart. Most of those ambulance chasing firms sue hundreds of companies and the are lucky if 1% of the lawsuits come to fruition.
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