Verb cross a threshold and a lot of you didn't eve
Post# of 32984
(Total Views: 574)
Posted On: 01/19/2021 6:54:04 PM
Verb cross a threshold and a lot of you didn't even know it
Certainly not the knee jerk reactors
A question to ponder is why $75M?
Why not $7.5M which is about the average of the last 3
Why not $75B?
I know...
There are rules on how much you can qualify for a shelf and pretty limiting for small companies
But once cross a certain threshold, a lot of those limits go away.
If it was easy qualifying for $75M, everyone would file. Why not?
Cheap insurance for the next 3 years
Now what is that threshold that Verb crossed?
You can do some DD and look up what the rules are
I'll give you a start
Shelf Offering:
2021-01-15 - $75,000,000
Baby Shelf Offering:
2020-10-20 - $9,652,396
2020-08-10 - $4,105,913.43
2019-09-17 - $8,112,905
https://www.sec.gov/cgi-bin/browse-edgar?acti...arch_text=
Yup, that's what they call it when you don't have the public float size to file a Shelf
How many of the 'baby shelf' raises did Verb do BTW?
Cheap insurance. There if you need it without having to jump through hoops or tip off shorters
When I first saw the amount, my reaction was a large company wants to buy a percentage of Verb
Would they buy on the open market and potentially run up the price?
Or would they buy shares directly from VERB at a set price and that money would go towards helping their investment grow
Got 3 years now if someone wants to buy'n
I'd say between now and the start of 2024, that may happen
BTW - Thomson Reuters raised their overall rating today
The average price target was updated as well
Certainly not the knee jerk reactors
A question to ponder is why $75M?
Why not $7.5M which is about the average of the last 3
Why not $75B?
I know...
There are rules on how much you can qualify for a shelf and pretty limiting for small companies
But once cross a certain threshold, a lot of those limits go away.
If it was easy qualifying for $75M, everyone would file. Why not?
Cheap insurance for the next 3 years
Now what is that threshold that Verb crossed?
You can do some DD and look up what the rules are
I'll give you a start
Shelf Offering:
2021-01-15 - $75,000,000
Baby Shelf Offering:
2020-10-20 - $9,652,396
2020-08-10 - $4,105,913.43
2019-09-17 - $8,112,905
https://www.sec.gov/cgi-bin/browse-edgar?acti...arch_text=
Yup, that's what they call it when you don't have the public float size to file a Shelf
How many of the 'baby shelf' raises did Verb do BTW?
Cheap insurance. There if you need it without having to jump through hoops or tip off shorters
When I first saw the amount, my reaction was a large company wants to buy a percentage of Verb
Would they buy on the open market and potentially run up the price?
Or would they buy shares directly from VERB at a set price and that money would go towards helping their investment grow
Got 3 years now if someone wants to buy'n
I'd say between now and the start of 2024, that may happen
BTW - Thomson Reuters raised their overall rating today
The average price target was updated as well
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