Max per employee from Bloomberg report today is $1
Post# of 32977
(Total Views: 382)
Posted On: 04/06/2020 8:49:45 AM
Max per employee from Bloomberg report today is $100k. Money available on a first come first serve basis. I gather that an established relationship with a bank will speed the process.
So expect about $3m loan at 1% which will be forgiven if terms met....maintaining workforce seems to be essential which should be a no brainer for VERB.
Three million $ would hire 30 new employees for a year without the need to dilute share count......more employees equal faster rollout/development etc. Also next time money needed one must imagine the stock will be at a higher price so less dilution per dollar raised. I like that.
Whether this $3m raises the stock price...who knows but it can't hurt.
Contracts, contracts, sales sales, revenues, revenues...that is the magic sauce,
VERB products need a good review in a tech magazine. Now is the time.
So expect about $3m loan at 1% which will be forgiven if terms met....maintaining workforce seems to be essential which should be a no brainer for VERB.
Three million $ would hire 30 new employees for a year without the need to dilute share count......more employees equal faster rollout/development etc. Also next time money needed one must imagine the stock will be at a higher price so less dilution per dollar raised. I like that.
Whether this $3m raises the stock price...who knows but it can't hurt.
Contracts, contracts, sales sales, revenues, revenues...that is the magic sauce,
VERB products need a good review in a tech magazine. Now is the time.
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