There should be about 40,000 round up shares added
Post# of 33001
(Total Views: 223)
Posted On: 11/08/2024 4:08:38 PM
Re: manfromjax #32560
There should be about 40,000 round up shares added. Did anyone look to see if they got them?
Maybe whoever was trying to allegedly scam the other 220,000 shares, may have been caught.
What if "brokerage firms and clearing houses" shorted VERB and were going to cover with the allegedly 220,000 shares they were trying to scam? That would be over all $2M haul of free shares not to mention the money they thought they were going to make on the short end of it.
BTW: Is Fidelity the only brokerage firm that won't allow online buying? Hmmmm.
https://ir.verb.tech/news-events/press-releas...compliance
Maybe whoever was trying to allegedly scam the other 220,000 shares, may have been caught.
What if "brokerage firms and clearing houses" shorted VERB and were going to cover with the allegedly 220,000 shares they were trying to scam? That would be over all $2M haul of free shares not to mention the money they thought they were going to make on the short end of it.
BTW: Is Fidelity the only brokerage firm that won't allow online buying? Hmmmm.
Quote:
Prior to the foregoing announcement, the Company estimates that there were approximately 40,000 beneficial owners of the Company’s stock. Assuming every single shareholder was entitled to a round-up share, which is highly unlikely, that would mean the Company would issue 40,000 shares to address any stockholders left with a fractional share following the reverse split. However, post-split, certain recently identified brokerage firms and clearing houses have requested roundup shares totaling more than 260,000 shares of the Company's common stock - notwithstanding the fact that the Company’s total public float immediately post-split was less than 800,000.
https://ir.verb.tech/news-events/press-releas...compliance
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