Thread: The penny stock I have chosen to buy
Disclaimer: I am not a financial advisor and I encourage all to do their own DD. There are a number of risks associated with this asset and it is speculative.
I have bought $VERB
Disclaimer: I am not a financial advisor and I encourage all to do their own DD. There are a number of risks associated with this asset and it is speculative.
I have bought $VERB
Verb Technologies is a sales enablement technology company with multiple aspects of their product offering. Primarily, the focus on video and enabling sales reps and business owners manage, promote, and improve sales.
They are currently partnered with:
- $SHOP
- $CRM
- $MSFT
- $ORCL
- $ADBE
To allow their platform to integrate within all of their environments. They are currently traded on the NASDAQ, which means they are not OTC, providing us access to more transparency.
- $SHOP
- $CRM
- $MSFT
- $ORCL
- $ADBE
To allow their platform to integrate within all of their environments. They are currently traded on the NASDAQ, which means they are not OTC, providing us access to more transparency.
$VERB is leading the way for a technology called video e-commerce where the person selling can present their products at a mass scale with clickable buttons on the screen, and the entire transaction will take place right there.
But wait, there’s more!
But wait, there’s more!
They expect to already add additional revenue from a company they just acquired called SoloFire, which should tag in another $1-2m next year and they will cross sell into those clients as well.
They also expect to integrate within Microsoft Outlook, to be able to tap into
They also expect to integrate within Microsoft Outlook, to be able to tap into
roughly 1 billion active users and let them use VerbLive and VerbCRM.
Time for the number break down:
- 52% YoY SaaS revenue, 16% QoQ growth from Q2 -> Q3
- Digital revenue up 28% YoY
- Total cash $10.7m
- Total assets $42.6m
- Total liabilities was $20.8m
Time for the number break down:
- 52% YoY SaaS revenue, 16% QoQ growth from Q2 -> Q3
- Digital revenue up 28% YoY
- Total cash $10.7m
- Total assets $42.6m
- Total liabilities was $20.8m
This is a speculative investment, personally, and a personally allocation of capital for myself and my portfolio where I believe in the technology, the CEO, and the leadership team LONG TERM. But more importantly, this is an obvious next step in digital e-commerce and
$VERB is leading this chart. I will be watching them closely as I have allocated a 7% long position into this company. I fully anticipate the volatility of a penny stock and assume that this is also a risky stock.
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