Verb Technology Joins Genius Group and Helbiz in Going Down on Naked Short Sellers

Verb Technology Limited Company Verb,
A provider of interactive video-based sales apps has become the latest small company to announce plans to address naked short selling of its stock and alleged trading irregularities. The Newport Beach, Calif., and Lehi, Utah-based firm said it believes “certain individuals and/or firms may have engaged in illegal trading activities, including naked short selling and deception, that may have artificially depressed the value of VERB.” Shares” The board is developing an action plan and is considering hiring forensic experts and working with other companies that have identified illegal trades in similar shares. “Today we join the battle being waged by companies like Genius Group GNS,
Commercial HLBZ,
and created the CRTD,
More integrity in the capital markets,” Chief Executive Rory J. Cutai said in a statement. Verb shares closed at 23 cents on Friday and soared 33% in premarket Monday.

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