Yangs bold vision is to build the worlds largest video vocabulary to accelerate the worlds transition to video-first expression. Bethlehem, PA, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Chris Ferguson, Chief Executive Officer of Vinco Ventures, Inc. (NASDAQ: BBIG), today issued a letter to the Company's shareholders commenting on the Company's recent merger agreement, name change, strategic path forward, 2021 outlook and key PPE related developments. On Penny Stocks and Low-Volume Stocks:With only the rarest exceptions,InvestorPlacedoes not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. Sausage-skin maker agrees to 540m takeover. That entity creates and markets NFTs (non-fungible tokens). Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. On May 25, Vinco Ventures released its first-quarter earnings report. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: (i) economic conditions, competition and other risks that may affect the Companys future performance, including the impacts of the COVID-19 pandemic on the Companys business, markets, supply chain, customers and workforce, on the credit and financial markets, on the alignment of expenses and revenues and on the global economy generally; (ii) the ability to recognize the anticipated benefits of the Companys acquisitions, including its ability to successfully integrate and make necessary capital investments to support additional acquisitions, and the Companys ability to take advantage of strategic opportunities; (iii) changes in applicable laws or regulations; (iv) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; and (v) other risks and uncertainties. Finance, the cash represents 74.1% of its market value. While we were initially excited regarding the confirmed orders that we received, we have realized that the supply side of the industry is unable to keep up with the current global demand. So investors are left with an extremely confusing reverse merger deal that has numerable potentially dilutive securities and tranches outstanding. In other words, you cant just say your company is worth $5 billion and provide very little financial information with which to support the statement. This is because when a reverse merger closes, along with a capital raise and potentially dilutive warrant issues, investors get confused about where the value of the stock is at present. Why Vinco Ventures Stock Is Surging Higher Again Today By coupling these two principles together we scale quickly and profitably. Stay up to speed with hot stocks' news! ZASH is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events, or otherwise. Although ZASH believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, performance, or achievements. All told, you can look to see BBIG stock move higher as the merger and spinoff close. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. The trading volume for Monday's premarketsession had already exceeded 30 million at publication time. According to the company's most recent SEC filings, Vinco lost $0.30 per share in the third quarter of 2020 on revenues of just $4.2 million. Vinco Ventures has provided zero financial information including their present revenues about their financial prospects going forward. We will seek to acquire significant brands to continue to add to the Portfolio. For more information, please view our investor presentation or visit Investors.vincoventures.com. Read More:Penny Stocks How to Profit Without Getting Scammed. See disclosure here. I have found in the past that companies that clearly announce how many shares are presently outstanding fare better. Jun 24, 2021, 08:30 ET. I believe the majority of insider owners of Vinco Ventures probably know this point. With the partnerships ZASH has in place and has planned, said Yang, were a natural fit. Such information are based upon beliefs of, and information currently available to, ZASH management as well as estimates and assumptions made by ZASHs management. While we still remain confident in our confirmed demand and ability to supply the products required, we have taken a different approach moving forward due to the uncertainty of timing of production and transportation which has caused the additional time added to our initial guidance. Plus500. On Penny Stocks and Low-Volume Stocks:With only the rarest exceptions,InvestorPlacedoes not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. Strategy: Buy. With a current follower network of over 350+ million, we are poised to revolutionize the next generation of video distribution," said Brian McFadden, Chief Strategy Officer of Zash. Scotland business. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger Bethlehem, PA, May 28, 2021 (GLOBE NEWSWIRE) -- Vinco Ventures,. 1 MarketScreener is worth more than 1000 Influencers! Jim is a partner at Enter-Sports Management, a full-service agency for professional athletes with offices in Philadelphia, Atlanta, Fort Lauderdale and Charlotte. In addition, the Company entered into transactions with Honey Badger Media, LLC whereby in return for the payment of the consideration as set forth below, the Company receives the following: In todays marketplace for consumer product companies, the digital shelf dominates as the core channel for brand growth and sustainability. But once the stock rises over $4.00, most of its warrants can be exercised by the owners and the company will receive additional cash. That would still represent 60.9% of its market cap. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. Shares of Vinco Ventures skyrocketed over 300% on Thursday after the company announced a deal to merge with digital media company Zash.
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