Verb Technology Company Inc (NASDAQ: VERB) recorded gains in Monday’s trading session and has sustained the same in early morning trading, today. This is after flat-lining for the better of the year.
The stock’s gains came after the company announced that, it had appointed Judith Hammerschmidt to its board. Judith is an experienced lawyer and public company director, and will take up her position immediately after the company’s AGM on the 20th of December.
Judith bring in over 4 decades of company in international law, public company director and general counsel in the sales industry. She is the principle of JLH Advisors LLC where she is the outside counsel and an advisor to international companies, especially those looking to expand their operations globally.
Speaking on the appointment, VERB CEO, Rory Cutaia said that, Judith will be a positive addition to the company board at a time when the company was in a growth trajectory. According to Curtaia, the company was looking to benefit from her unique insights to expand its business internationally.
A few days ago, the company announced that, it had entered into an agreement with the Changing the Future Outcome (CTFO) network, a market leader in the sale of CBD-based products.
CTFO launched the white-labeled VERB application in the U.S and is expected to launch in the Canadian market before the end of the year. Under the agreement, CTFO will use VERB’s platform, which has proven conversion rates for direct sales programs.
CTFO’s CEO Stuart Finger commented on the deal stating that, they could not be happier. He added that, the partnership had been received well, and that they expect the partnership to help drive the next phase of growth. On his part, VERB global president, McKinley Oswald stated that, they were happy to help CTFO grow their distribution channels.
About VERB Technology Company
VERB Technology Company offers sales and marketing applications that leverage on interactive video data. The company has its headquarters in Newport Beach, California.