Saw the sp jump up to $1.29 in afterhours and was
Post# of 32626
So why lower the ATM from $30,000,000 to $7,300,000? Because BWers didn't understand ATMs and make up all sorts of sh-t to scare people?
Remember what I said in the last week or so. If it was me, I'd raise, borrow, whatever $10M and blow Market and Verb.TV. $10M is nothing based on the revenue both can provide and it would be a crying shame not to accelerate the launch and marketing to save a few bucks.
Don't want to be the company that missed out on $100M of revenue because they were afraid it would hurt some BWers if $10M was raised
What's interesting is the 7,300,000 is inclusive of the amount already sold.
If I am understanding inclusive right. Big IF because what do I know...
As of August 9, 2021, there were 67,520,919
As of November 10, 2021, there were 70,470,415
Look at the OS now it still shows 10.5M
That means 2,949,496 sold which is really nothing and certainly not the hullabaloo some invented, but that is what 'they' do, isn't it?
The ~3M shares hit in Q3. I don't know if some of those were exercised warrants, etc. Someone else can dig and look it up. If it was only ATM, the sp was about $2 through much of Q3. Someone can VWAP. If it was only ATM, then that would be $6M or the $7M right there. In any case, some of the ATM was used in Q3 which isn't much in the grand scheme.
Also, what to 'they' think a tech company actually buys other tech companies? With marbles?
Big companies borrow a sh-t load to do acquisitions btw. Company I consult for borrowed $1B
Once the market figure this out and realizes, Verb's Market, Verb.TV, VerbMail Pro is about to pop out of the oven, the sp should respond likewise. Be silly to short now.
BTW, the rest of my order from Friday filled so I'm ready to see $2, $3 and beyond