Solar Entertainment Corporation

Vinco Ventures Completes Acquisition of TikTok Rival Lomotif

Retrieved on: 
Monday, December 19, 2022

ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, a joint venture with ZASH Global Media, including TikTok rival Lomotif. 

Key Points: 
  • Vinco Ventures completes the purchase of all ZVV media equity of all ZVV Media Partners.
  • ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, a joint venture with ZASH Global Media, including TikTok rival Lomotif.
  • Vinco Ventures' consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.
  • Private Securities Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco Ventures' management as well as estimates and assumptions made by Vinco Ventures' management.

Vinco Ventures Completes Acquisition of TikTok Rival Lomotif

Retrieved on: 
Monday, December 19, 2022

ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, a joint venture with ZASH Global Media, including TikTok rival Lomotif. 

Key Points: 
  • Vinco Ventures completes the purchase of all ZVV media equity of all ZVV Media Partners.
  • ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, a joint venture with ZASH Global Media, including TikTok rival Lomotif.
  • Vinco Ventures' consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.
  • Private Securities Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco Ventures' management as well as estimates and assumptions made by Vinco Ventures' management.

Vinco Ventures Fulfills Interim CEO Role

Retrieved on: 
Thursday, December 15, 2022

ROCHESTER, N.Y., Dec.15, 2022 /PRNewswire/ -- Vinco Ventures, Inc. (Nasdaq: BBIG) ("Vinco Ventures," "Vinco," or the "Company"), a digital media and content technologies holding company, has completed the first stage of a carefully planned transition that positions the company with a clear runway to focus on revenues and profitability.

Key Points: 
  • ROCHESTER, N.Y., Dec.15, 2022 /PRNewswire/ -- Vinco Ventures, Inc. (Nasdaq: BBIG) ("Vinco Ventures," "Vinco," or the "Company"), a digital media and content technologies holding company, has completed the first stage of a carefully planned transition that positions the company with a clear runway to focus on revenues and profitability.
  • Vinco Ventures is set to appoint a new permanent CEO with proven leadership experience at successful and prestigious media companies and entertainment brands.
  • Vinco Ventures' consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.
  • Private Securities Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco Ventures' management as well as estimates and assumptions made by Vinco Ventures' management.

Vinco Ventures Announces Receipt of Deficiency Notice from Nasdaq Regarding Failure to Comply with Requirement to Timely File Quarterly Report on Form 10-Q

Retrieved on: 
Monday, November 28, 2022

The Rule requires listed companies to timely file all required periodic reports with the SEC.

Key Points: 
  • The Rule requires listed companies to timely file all required periodic reports with the SEC.
  • The Company will submit an update to this plan of compliance to Nasdaq no later than December 19, 2022 confirming the above referenced timetable.
  • Vinco Ventures is focused on the development of digital media and content technologies.
  • Vinco Ventures' consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.

Vinco Ventures Appoints Richard Levychin, CPA, CGMA to its Board of Directors for Governance and Leadership

Retrieved on: 
Wednesday, November 16, 2022

ROCHESTER, N.Y., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (Nasdaq: BBIG) (“Vinco Ventures,” “Vinco,” or the “Company”), a digital media and content technologies holding company, today announced the appointment of Richard Levychin, CPA, CGMA to its Board of Directors, effective November 11, 2022. Mr. Levychin will serve as an independent director and as Chair and financial expert of the Audit Committee.

Key Points: 
  • ROCHESTER, N.Y., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (Nasdaq: BBIG) (Vinco Ventures, Vinco, or the Company), a digital media and content technologies holding company, today announced the appointment of Richard Levychin, CPA, CGMA to its Board of Directors, effective November 11, 2022.
  • Mr. Levychins past experience is key as he steps into the role of Chair and financial expert of the Audit Committee, said Ross Miller, CEO of Vinco Ventures.
  • I am excited to bring my years of experience inside the board room of both public and private companies to Vinco Ventures.
  • In the next phase in our company, we must have strong experienced and collaborative voices on our Board, said Roderick Vanderbilt, Chairman of Vinco Ventures.

Vinco Ventures Announces Nasdaq Acceptance of Remediation Plan to Address Deficiency Notice

Retrieved on: 
Thursday, October 27, 2022

The Vinco leadership team is working tirelessly to regain compliance with the Nasdaq Exchange as fast as possible.

Key Points: 
  • The Vinco leadership team is working tirelessly to regain compliance with the Nasdaq Exchange as fast as possible.
  • The quick acceptance from Nasdaq of our remediation plan that was submitted on October 17th is key to our progress as we diligently work through Vincos financials and quarterly filing, said Ross Miller, CEO of Vinco.
  • With Vincos remediation plan accepted by Nasdaq, we can continue to plough forward with the work on our quarterly filings.
  • Vinco Ventures consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.

Lomotif Launches Beta Version of Lomo Ads and Integration with Google Ads; Largest Ad Network in the World

Retrieved on: 
Tuesday, October 18, 2022

ROCHESTER, N.Y., Oct. 18, 2022 /PRNewswire/ -- Vinco Ventures, Inc. (Nasdaq: BBIG) ("Vinco Ventures," "Vinco," or the "Company"), a digital media and content technologies holding company, today announced the beta version of Lomo Ads and integration of Google Ads inside the Lomotif platform. Vinco Ventures is listed on the Russell 3000 Index.

Key Points: 
  • U.S. owned competitor to TikTok, Lomotif integrates with Google Ads, launching the beta version of Lomo Ads with AdRizer and Mind Tank's programmatic ad platform.
  • Major brands such as Coke, Starbucks, Verizon, ATT and many more are currently serving ads inside the Lomotif platform.
  • The beta version of Lomo Ads will allow programmatic and automatic advertising within the Lomotif platform.
  • This will be crucial for when Lomotif integrates with Blockchain technology in the future, allowing for full transparency on the Lomotif platform.

Erik Finman Appointed CEO of ZASH Global Media and Entertainment

Retrieved on: 
Thursday, July 28, 2022

SYRACUSE, N.Y., July 28, 2022 /PRNewswire/ -- ZASH Global Media and Entertainment ("ZASH"), a multifaceted media and content technologies holding company, today announced the appointment of  Erik Finman as its Chief Executive Officer.

Key Points: 
  • Ted Farnsworth, Chairman and Co-Founder Appoints Crypto and NFT Icon to Lead ZASH, Media and Entertainment Holding Company
    SYRACUSE, N.Y., July 28, 2022 /PRNewswire/ -- ZASH Global Media and Entertainment ("ZASH"), a multifaceted media and content technologies holding company, today announced the appointment of Erik Finman as its Chief Executive Officer.
  • A celebrated and highly successful crypto expert, Finman will assume direct oversight of the expanding crypto and NFT initiatives for ZASH.
  • ZASH Global Media and Entertainment is an evolving network of synergetic companies working together to disrupt the media and entertainment as we know it today.
  • Vinco Ventures' consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.

Vinco Ventures Postpones Stockholder Meeting from July 26, 2022 to August 23, 2022

Retrieved on: 
Tuesday, July 26, 2022

Rochester, NY, July 25, 2022 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (Nasdaq: BBIG) (Vinco Ventures, Vinco, or the Company) has postponed the Companys upcoming Special Meeting of Stockholders (the Special Meeting) from the previously scheduled date of Tuesday, July 26, 2022.

Key Points: 
  • Rochester, NY, July 25, 2022 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (Nasdaq: BBIG) (Vinco Ventures, Vinco, or the Company) has postponed the Companys upcoming Special Meeting of Stockholders (the Special Meeting) from the previously scheduled date of Tuesday, July 26, 2022.
  • The Special Meeting will now be held on Tuesday, August 23, 2022, at 10:00 a.m. Eastern Time.
  • Vinco Ventures consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.
  • Private Securities Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco Ventures management as well as estimates and assumptions made by Vinco Ventures management.

Vinco Ventures Thwarts What it Believes was a Hostile Takeover Attempt by the Farnsworth Group

Retrieved on: 
Tuesday, July 26, 2022

In the days that followed, the Company and the Farnsworth Group held multiple meetings to try and come to a resolution on the Companys management and path forward.

Key Points: 
  • In the days that followed, the Company and the Farnsworth Group held multiple meetings to try and come to a resolution on the Companys management and path forward.
  • Once again, certain members of the Farnsworth Group blocked the Companys attempt to make a Current Report on Form 8-K filing and the deadline was missed.
  • The Company believes the filings of the First Incorrect Form 8-K and the Second Incorrect Form 8-K were done unilaterally.
  • Vinco Ventures consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.