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  4. Verb Technology Company, Inc (VERB) Message Board

I will agree with you. The I wish part. I wish w

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Post# of 33002
(Total Views: 548)
Posted On: 07/22/2020 3:22:00 PM
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Posted By: Mauibound
Re: F12 #20389
I will agree with you.
The I wish part. I wish we were at $20 too.
(Please read in a nonsnarky tone)

The fact is Rory filed the S1 for a few reasons

"...we currently intend to use the net proceeds to us from this offering primarily for broad-based market awareness of our existing and forthcoming products, including verbLIVE, and for general corporate purposes, including working capital, research and development,
and capital expenditures. Pending the uses described above, we intend to invest the net proceeds from this offering in short term, interest-bearing securities such as money market accounts, certificates of deposit, commercial paper, or direct or guaranteed obligations
of the U.S. government."

Sure, would love to raise money higher, but who's to say that a release of VerbLIVE will do the trick. Maybe promote what's being released.
Strike as the iorn is hot as the saying goes
Or collect money in an interest bearing securities and make money to use when truly "needed".

I can't say we won't drop, but to be sitting anything over the offering price is pretty astonishing to me.

And the volume. Remeber the 20k - 40k shr days?
Not too long ago and on the regular.

The dollar amount surrounding this right now is incredible, pure and simple.

Aloha


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