Red after dark 臨時ニュースを申し上
Post# of 32635
(Total Views: 529)
Posted On: 05/19/2020 8:18:20 PM
Red after dark
臨時ニュースを申し上げます
臨時ニュースを申し上げます
ゴジラが銀座方面に向かっています
大至急避難してください
大至急避難してください
Rory came out on fire last night
I was thinking 20 minutes and it would be over. I forget how long it went. Maybe twice that. A ton of info. I was looking at everything this evening again. Here's a few of my thoughts.
"The first part of the plan required us to raise additional capital. So in February, I along with McKinley Oswald, our President of Global Sales, traveled to Asia, specifically Malaysia and Singapore, where we raised approximately $5 million of gross proceeds in a private placement."
"Additionally, through a well-timed private placement and other recent funding, we successfully raised another $6 million to support our operations for the foreseeable future."
If so, there seems to be quite a demand even with no warrants to entice. Fully funded with a total of $6M
"We’re currently exploring a similar expansion opportunity in Korea, which, again, according to the World Federation of Direct Sales Companies, Korea has the third largest direct sales market in the world ."
I looked it up. Yes, they are #3.
https://wfdsa.org/wp-content/uploads/2020/04/...page-1.pdf
"we are currently executing agreements with other app developers who will market their application to our users directly through our app on a revenue share basis with us, not unlike what Apple and Salesforce do. We plan to announce those relationships in the coming weeks ."
Some announcements coming soon
"we have become an attractive and easily addressable market for third party developers. And that is all very high margin, virtually no-cost revenue for us ."
No-cost revenue. I am pretty, pretty, pretty sure no cost revenue is my favorite kind of revenue. Keep in mind there is two types here. One where someone makes their app available from within ours and the API so they can develop their own integrations. Exactly what Salesforce and many others have done which really drove revenue for them.
"Well, through the end of April 2020, we have approximately 1.4 million users representing growth of approximately 475,000 users or 67% since Q3 2019 and growth of 150% over the past 12 months."
What is even more impressive is the 53% growth between Q4 and Q1 . That is a hell of a spike. I call that the Covid 19 effect. Everyone at home has a lot of incentive to download the app and start using it. Numbers prove this out.
Here's the numbers in a simple chart. Look at that spike. That's a good spike. No flattening of that curve needed.
"To my great surprise, the pay cut per shares plan was so well received, did not — not only did every person in the company participate in the plan but many employees asked if they could take steeper pay cuts in order to get more shares. Believe it or not, many employees asked to take 40%, 50%, 80%, even 100% pay cuts in exchange for VERB shares during the 3 months of the plan, though I believe the maximum pay cuts we allowed were 74.5% exchange for the shares. This increased the savings expected to generate this from this part of the plan from approximately $360,000 to well over $600,000."
Dang, someone wanted to do 100%? If the savings went from $360K to $600K, that almost like everyone doubled down on that offer.
"I have to say that I was extremely humbled by the showing of confidence in the company by the very people who have the greatest visibility into the company, including into our products and operations. And I honestly couldn’t be more proud. Above everything else I have shared with you today, that speaks more about this company than anything I could possibly say."
I have to say that I was extremely floored. I've never seen anything like this across a company. If that doesn't scream a confident inside group, I don't know what else would. I member the crying here why there was no insiders buying. Hello? Because they are putting up their salary for shares. But you didn't know that until now.
"When we roll out these kind of features, we need to do it each client at a time. So we’ve got a handful of them now implemented along with some other really, really, really cool features like Magic Link and some of the things that we’ve talked about that enhance penetration. But we have to do that 1 client at a time. So we’ve got a handful of them now. And I would say, by third quarter, we should probably have all of them now on the same in-app — with the same in-app purchase capability and that store rolled out . So that’s the current schedule. "
All coming next quarter. That is right around the corner. The magic link is a cool feature. Makes it so easy to sign up new customers or distributors. Will be interesting to see all the features.
"Now I will tell you this. Behind the scenes, we are building an entirely new platform from the ground up, and that will mean several things. First, people that want to have a customized white-labeled application won’t need to use our services to go ahead and customize it for them. They’ll be able to do it themselves online, choosing what features and functionality they like, uploading their logos, completely self-service model."
This is big. To be able to support volumes of new users, you can't be bottled-necked by needing to work with every new company. Self service will be priceless for un-throttled growth.
"We’ve already got 15 of our existing enterprise clients that have signed on for it."
What? Get out of town. Nice start to VerbLIVE
“ Hey, check this out. Cool new feature, combination of Zoom and Shopify. Think about what that means for your business. People can click right in your live video and buy your products.” Yes, a big, big, big differentiator for us is the fact that we already have such a large user base that we can market to."
Big, cubed
Big to the power of 3
What you get when you combine Zoom and Shopify?
You see, Shopify interactive, but with no video. It's a website
Zoom, video, but not interactive
I think I talked about this before. The buzz about this once people start using it could send the stock up dollars when people figure out that combination.
Tens of dollars but lets not get ahead of ourselves, eh.
Remember, shopify used to be just website just to create a website. There are a ton of them but they had some big, big, big , differentiator but don't underestimate when you bring innovation into the picture.
"And we know what our success rate is when we submit proposals and get contracts out for signature."
I like the sounds of this. Sounds like the success rate is very high.
"But now as we got into second quarter and the period of time that you just referenced, boy, I’ll tell you, everything turned around very, very rapidly. That fear dissipated, as I referred to in my talk a little bit ago. And now we’re off and running because now people have a better sense of what they’re facing in terms of their business. And what’s even more interesting, and obviously, rewarding for us is the fact that these people are now recognizing that they need us more than ever in this environment. This whole work from home, work remotely, they’re not going to the big conferences and conventions that they usually do where they grow their business. They need this tool. They recognize that on their own."
Boy, Q2 sounds like it might be pretty, pretty, pretty good.
Heck, the number of downloads foreshadows the demand now.
"For example, 1 of the hardest categories hit by this — by the economic crisis is small business owners. A lot of them are facing bankruptcy. And obviously, most of them, if not all of them, are closed. So what we’ve begun doing is providing VERB Live to some of these and they are hosting VERB Live webinars, where they are — they provided there their people from their customer list that used to come into their stores to go ahead and watch these webinars and purchase product ."
Now that's a use case I don't think anyone figured out.
Imagine you have a cheese store, wine store, bakery, etc. You could connect with your customers and actually walk around the store recommending products, pack it up and do curbside. Brilliant!
“History shows again and again how nature points out the folly of man...”
Love this. Can't keep a great band down
Lock-down Godzilla
by BOC
臨時ニュースを申し上げます
臨時ニュースを申し上げます
ゴジラが銀座方面に向かっています
大至急避難してください
大至急避難してください
Rory came out on fire last night
I was thinking 20 minutes and it would be over. I forget how long it went. Maybe twice that. A ton of info. I was looking at everything this evening again. Here's a few of my thoughts.
"The first part of the plan required us to raise additional capital. So in February, I along with McKinley Oswald, our President of Global Sales, traveled to Asia, specifically Malaysia and Singapore, where we raised approximately $5 million of gross proceeds in a private placement."
"Additionally, through a well-timed private placement and other recent funding, we successfully raised another $6 million to support our operations for the foreseeable future."
If so, there seems to be quite a demand even with no warrants to entice. Fully funded with a total of $6M
"We’re currently exploring a similar expansion opportunity in Korea, which, again, according to the World Federation of Direct Sales Companies, Korea has the third largest direct sales market in the world ."
I looked it up. Yes, they are #3.
https://wfdsa.org/wp-content/uploads/2020/04/...page-1.pdf
"we are currently executing agreements with other app developers who will market their application to our users directly through our app on a revenue share basis with us, not unlike what Apple and Salesforce do. We plan to announce those relationships in the coming weeks ."
Some announcements coming soon
"we have become an attractive and easily addressable market for third party developers. And that is all very high margin, virtually no-cost revenue for us ."
No-cost revenue. I am pretty, pretty, pretty sure no cost revenue is my favorite kind of revenue. Keep in mind there is two types here. One where someone makes their app available from within ours and the API so they can develop their own integrations. Exactly what Salesforce and many others have done which really drove revenue for them.
"Well, through the end of April 2020, we have approximately 1.4 million users representing growth of approximately 475,000 users or 67% since Q3 2019 and growth of 150% over the past 12 months."
What is even more impressive is the 53% growth between Q4 and Q1 . That is a hell of a spike. I call that the Covid 19 effect. Everyone at home has a lot of incentive to download the app and start using it. Numbers prove this out.
Here's the numbers in a simple chart. Look at that spike. That's a good spike. No flattening of that curve needed.
"To my great surprise, the pay cut per shares plan was so well received, did not — not only did every person in the company participate in the plan but many employees asked if they could take steeper pay cuts in order to get more shares. Believe it or not, many employees asked to take 40%, 50%, 80%, even 100% pay cuts in exchange for VERB shares during the 3 months of the plan, though I believe the maximum pay cuts we allowed were 74.5% exchange for the shares. This increased the savings expected to generate this from this part of the plan from approximately $360,000 to well over $600,000."
Dang, someone wanted to do 100%? If the savings went from $360K to $600K, that almost like everyone doubled down on that offer.
"I have to say that I was extremely humbled by the showing of confidence in the company by the very people who have the greatest visibility into the company, including into our products and operations. And I honestly couldn’t be more proud. Above everything else I have shared with you today, that speaks more about this company than anything I could possibly say."
I have to say that I was extremely floored. I've never seen anything like this across a company. If that doesn't scream a confident inside group, I don't know what else would. I member the crying here why there was no insiders buying. Hello? Because they are putting up their salary for shares. But you didn't know that until now.
"When we roll out these kind of features, we need to do it each client at a time. So we’ve got a handful of them now implemented along with some other really, really, really cool features like Magic Link and some of the things that we’ve talked about that enhance penetration. But we have to do that 1 client at a time. So we’ve got a handful of them now. And I would say, by third quarter, we should probably have all of them now on the same in-app — with the same in-app purchase capability and that store rolled out . So that’s the current schedule. "
All coming next quarter. That is right around the corner. The magic link is a cool feature. Makes it so easy to sign up new customers or distributors. Will be interesting to see all the features.
"Now I will tell you this. Behind the scenes, we are building an entirely new platform from the ground up, and that will mean several things. First, people that want to have a customized white-labeled application won’t need to use our services to go ahead and customize it for them. They’ll be able to do it themselves online, choosing what features and functionality they like, uploading their logos, completely self-service model."
This is big. To be able to support volumes of new users, you can't be bottled-necked by needing to work with every new company. Self service will be priceless for un-throttled growth.
"We’ve already got 15 of our existing enterprise clients that have signed on for it."
What? Get out of town. Nice start to VerbLIVE
“ Hey, check this out. Cool new feature, combination of Zoom and Shopify. Think about what that means for your business. People can click right in your live video and buy your products.” Yes, a big, big, big differentiator for us is the fact that we already have such a large user base that we can market to."
Big, cubed
Big to the power of 3
What you get when you combine Zoom and Shopify?
You see, Shopify interactive, but with no video. It's a website
Zoom, video, but not interactive
I think I talked about this before. The buzz about this once people start using it could send the stock up dollars when people figure out that combination.
Tens of dollars but lets not get ahead of ourselves, eh.
Remember, shopify used to be just website just to create a website. There are a ton of them but they had some big, big, big , differentiator but don't underestimate when you bring innovation into the picture.
"And we know what our success rate is when we submit proposals and get contracts out for signature."
I like the sounds of this. Sounds like the success rate is very high.
"But now as we got into second quarter and the period of time that you just referenced, boy, I’ll tell you, everything turned around very, very rapidly. That fear dissipated, as I referred to in my talk a little bit ago. And now we’re off and running because now people have a better sense of what they’re facing in terms of their business. And what’s even more interesting, and obviously, rewarding for us is the fact that these people are now recognizing that they need us more than ever in this environment. This whole work from home, work remotely, they’re not going to the big conferences and conventions that they usually do where they grow their business. They need this tool. They recognize that on their own."
Boy, Q2 sounds like it might be pretty, pretty, pretty good.
Heck, the number of downloads foreshadows the demand now.
"For example, 1 of the hardest categories hit by this — by the economic crisis is small business owners. A lot of them are facing bankruptcy. And obviously, most of them, if not all of them, are closed. So what we’ve begun doing is providing VERB Live to some of these and they are hosting VERB Live webinars, where they are — they provided there their people from their customer list that used to come into their stores to go ahead and watch these webinars and purchase product ."
Now that's a use case I don't think anyone figured out.
Imagine you have a cheese store, wine store, bakery, etc. You could connect with your customers and actually walk around the store recommending products, pack it up and do curbside. Brilliant!
“History shows again and again how nature points out the folly of man...”
Love this. Can't keep a great band down
Lock-down Godzilla
by BOC
(24)
(0)Verb Technology Company, Inc (VERB) Stock Research Links
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