bid/module/Members/view/members/user/confirm-registration.phtml

<?php if ($this->verified === true) { ?>
    <p class="lead">
        <?php echo $this->_('Email address verification successful.'); ?>
    </p>
    <?php if ($this->settings['signup_settings'] == 1) { ?>
        <p>
            <?php echo $this->_('Thank you for verifying your email address.<br>'
                . 'You can now login using your username and password.'); ?>
        </p>
    <?php
    }
    else if ($this->settings['signup_settings'] == 2) {
        ?>
        <p>
            <?php echo $this->_('You can now login using your username and password if the account '
                . 'has been approved by the administrator.'); ?>
        </p>
    <?php } ?>
<?php } ?>