VRME 104.3% Revenue Growth

VerifyMe (VRME) came up on a fundamental scan we did a few weeks ago and we have been watching it closely for a technical breakout. It has only 7.427 million shares outstanding for a market cap at $3.80 per share of $28.22 million when it has $15.35 million in cash. Revenue was up 104.3% last quarter. Their technology is being used to authenticate legitimate PPE equipment and they are exploring the possibility of moving onto the blockchain. It can also verify legitimate cannabis/CBD products from dangerous counterfeits made in China.

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