fly123
5月前
Creatd ($CRTD) Completes Initial Stock Swap with Hollywall Entertainment ($HWAL) in Strategic Transaction
DOVER, Del., July 31, 2024 /PRNewswire/ -- Creatd, Inc. (OTC: CRTD) is pleased to announce the completion of an initial stock swap with Hollywall Entertainment Inc. (OTC: HWAL). This completed transaction marks a partnership between both companies, which includes further exchanges of larger portions of equity. Both companies have the potential ability to spin out those shares as special dividends to their respective shareholder bases.
The completed stock swap has already strengthened both companies' balance sheets by improving their net equity positions through the use of stock as an asset, setting a strong foundation for creating intrinsic shareholder value. The collaboration aims to leverage HWAL's extensive content library, particularly within the music industry, and Creatd's OG Collection subsidiary to build communities and unlock revenue streams from both tangible and digital assets.
Jeremy Frommer, Chairman and CEO of Creatd, commented, "Building a like-minded community of CEOs and shareholder bases creates a compelling investment opportunity. HWAL's technical setup and intellectual property align strategically with our vision. Over the next few years, we anticipate increased consolidation in the market between public companies looking to structure transactions that will define success for the future generation of micro-cap companies, and the broader entrepreneurial space."
befast
10月前
Don't give up, it's going down fast. You would expect some news together with ticker change in order to draw attention but, as usual, no follow up on stated promises for OG collection audit and dividend, preferred F series have stayed rather confidential despite huge potential dilution impact. Jeremy badly needs to improve his approach and timing wirh communication, because he sucks at it. He had the planets alugned and failed to deliver pnce again. How hard can it be to assess the value of photos, come on it should take one full year to get a hand on that
4gh1rx
11月前
Sharply declining SP
Every attempt this nincompoop makes to fix a prior mistake
precipitates and even bigger calamity. An overwhelming
preponderance of investors cautioned him against a move
that normally wipes out shareholders, however, since he prides
himself on his hu-u-g-e Wall St experience (in the back office) over accepted
wisdom, he ignored everyone and went ahead to obliterate shareholder value.
Getting into bed with Lind Partners has become a Stalingrad for
OTC companies. (But Jeremy knows better than the best minds on
Wall Street, so this is what we get). Pride goeth before the fall.
Remember Mr Bumbler, an ordinary man learns from his own mistakes. A wise man learns
from the mistakes of others. You have learned neither.
[The next time I need to add some true stupidity to my life, I'll look this guy up.] I think his phone number is still 911, right?