Core Insights - VerifyMe, Inc. (NASDAQ:VRME) is considered a hidden penny stock with potential investment opportunities due to recent developments in the company [1][3]. Management Changes - Dr. Arthur Laffer has resigned as a director of VerifyMe, effective immediately, with no reported disagreements with the company [1]. - David Edmonds will join the audit committee starting Friday [1]. Financial Performance - During the latest earnings call, the leadership expressed confidence in the company's performance, attributing it to PeriShip's focus [2]. - A 14% decline in PeriShip revenue was reported, but new customer sales and expanded revenues from existing customers were noted [2]. Strategic Developments - VerifyMe announced a collaboration with two freight carriers, moving away from a single-carrier strategy, which is expected to enhance organic revenue growth by 2026 [3]. - The integration of technology and services with the new freight carriers will take a couple of months [3]. Company Overview - VerifyMe, based in Lake Mary, Florida, provides brand protection and precision logistics solutions, operating in two main segments: Precision Logistics and Authentication [4].