VRME - Venture Capital Pick: VerifyMe Primed For High Growth
- VerifyMe is a small supply-chain tracking and consumer-brand engagement company, verifying goods are moved and delivered across the globe properly.
- Invisible inks, taper-proof labels, QR and company generated codes, with simple smart phone scanning make tracking a breeze.
- The company on Monday announced a significant logistics acquisition of PeriShip, using cash on hand, $1 million in equity issuance, and $2 million in debt.
- Revenues are ramping in 2021-22, and the company is led by a seasoned professional in the field.
- A significant reversal in share trading momentum may be taking place in early 2022, with buyers increasing in number.
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Venture Capital Pick: VerifyMe Primed For High Growth