Interstate General Media

Creatd Announces Letter of Intent for 25% Sale of OG Collection, Inc. at $2.5 Million Purchase Price; Transaction Anticipated to Close Ahead of Planned OTC Spin-Off

Retrieved on: 
Tuesday, December 6, 2022
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Upon the closing of the proposed transaction outlined in the LOI, this initial capitalization would be adjusted to reflect the new investors' capital investment.

Key Points: 
  • Upon the closing of the proposed transaction outlined in the LOI, this initial capitalization would be adjusted to reflect the new investors' capital investment.
  • With the purchase of the 25% ownership by Dorado Goose LLC, the original 80% ownership to Creatd shareholders would be reduced to 60% and management's original 20% would be reduced to 15% post-transaction.
  • Creatd, Inc. (OTCQB: CRTD) is a company with a mission to provide economic opportunities to creators and brands by multiplying the impact of platforms, people, and technology.
  • Creatd's pillars work together to create a flywheel effect, supporting our core vision of creating a viable and safe ecosystem for all stakeholders in the creator economy.

Creatd Assembles Elite Advisory Board for its OG Collection as it Further Prepares to Spin-Off its Physical Media Library and Web 3.0 Assets

Retrieved on: 
Monday, July 18, 2022
Metaverse, Decentraland, Ethereum, NFT, Rensselaer Polytechnic Institute, Schlesinger Library, Book, Time, Science, TZero, Art, HBO, Trailblazer, List of Penthouse Pets, History, Company, Semantic Web, Light, Lead, Collection, Research, Ecosystem, Nasdaq, Mind, Autobiography, Life, Founder, Mana, Interstate General Media, Health, Grammy Award for Video of the Year, Grammy Awards, Pet, Polygon, No One, CRTD, Human, Viva, The Bob Dylan Archive, Sheila Kennedy, Risk, Reward, Universal, Partnership, GameStop, Omni (magazine), Oral storytelling, Minx, PowerHouse Books, Contract, Intention, Culture, Technology, Ownership, Playboy, Documentation, NEW, OMNI, Pharmaceutical industry, Financial services, Fine chemical, Creative industries, Music, Entertainment, Cryptocurrency, Video game, Non-fungible token, Woman, Longevity, Guccione, Penthouse

Advisory board has begun the archival process, re-examining and curating OG Collection's substantial contents to unlock maximum revenue potential.

Key Points: 
  • Advisory board has begun the archival process, re-examining and curating OG Collection's substantial contents to unlock maximum revenue potential.
  • The Company is actively looking to engage an M&A banking group to facilitate the successful completion of a transaction related to the OG Collection, Inc.
  • Martha comes to the OG Collection from The Schlesinger Library on the History of Women in America at Harvard Radcliffe Institute and the D.C.
  • The Company has four main business segments, or 'pillars': Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios.

Rollick Introduces AdDriver, a New Advertising Platform Targeting In-Market Powersports, RV and Marine Shoppers

Retrieved on: 
Wednesday, December 8, 2021
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AUSTIN, Texas, Dec. 7, 2021 /PRNewswire/ -- Rollick Inc., the leading relationship technology provider for the Marine, Powersports, and RV industries, today announced the official launch of Rollick AdDriver, a unique advertising platform for companies that target outdoor recreation shoppers.

Key Points: 
  • AUSTIN, Texas, Dec. 7, 2021 /PRNewswire/ -- Rollick Inc., the leading relationship technology provider for the Marine, Powersports, and RV industries, today announced the official launch of Rollick AdDriver, a unique advertising platform for companies that target outdoor recreation shoppers.
  • The company does this through the GoRollick family of websites, as well as consumers shopping on targeted outdoor recreation-focused websites.
  • We aim to have the best, most effective advertising platform in the Powersports, RV and boating industries."
  • Rollick connects manufacturers, dealers, and finance and insurance providers with in-market consumers in the Powersports, RV, and Marine industries to deliver a seamless customer journey.

Creatd, Inc. Reports Record Financial Results for Third Quarter 2021

Retrieved on: 
Tuesday, November 16, 2021
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With these record results, which saw third quarter 2021 revenues similar to the amount of revenue for the entirety of fiscal year 2020, the Company reaffirms its fiscal year 2021 revenue guidance of between $4.5 and $4.7 million.

Key Points: 
  • With these record results, which saw third quarter 2021 revenues similar to the amount of revenue for the entirety of fiscal year 2020, the Company reaffirms its fiscal year 2021 revenue guidance of between $4.5 and $4.7 million.
  • Third Quarter and Nine Months 2021 Financial Highlights:
    In line with guidance, net revenues for the third quarter were $1.18 million, a nearly three-fold increase as compared to third quarter 2020 revenues of $425,000, and a 22% increase over second quarter 2021 net revenues of $971,000.
  • Gross revenues for third quarter 2021 were $1.21 million, a 20% increase compared to gross revenues for second quarter 2021.
  • Marketing costs dropped by over 50% between the second and third quarter, from $4.2 million in the second quarter 2021 to $1.8 million in the third quarter.

Creatd Announces Second NFT Drop: The Trump Photographs

Retrieved on: 
Monday, October 25, 2021
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NEW YORK, Oct. 25, 2021 /PRNewswire/ --Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company of the OG Gallery,today announced its second non-fungible token (NFT) art drop.

Key Points: 
  • NEW YORK, Oct. 25, 2021 /PRNewswire/ --Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company of the OG Gallery,today announced its second non-fungible token (NFT) art drop.
  • The Company's second NFT offering captures a high-interest asset of the OG Collection: a series of three photographs of former President Donald Trump.
  • The photographs were first unearthed by Creatd founder and co-CEO Jeremy Frommer within the collection, acquired from creditors of Bob Guccione.
  • Commented Frommer, "They say a picture is worth a thousand words, and the Trump photographs are no exception.

Creatd Completes its First NFT Art Offering

Retrieved on: 
Friday, October 1, 2021
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NEW YORK, Oct. 1, 2021 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), today announced the results of its first NFT (non-fungible token) art auction.

Key Points: 
  • NEW YORK, Oct. 1, 2021 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), today announced the results of its first NFT (non-fungible token) art auction.
  • As part of its first NFT art drop, the Company introduced a selection of six NFTs featuring Penthouse Pet and model Billie Deane (the pseudonym of actress Gillian Duxbury) from the Company's OG Collection.
  • Creatd co-CEO Jeremy Frommer commented, "Of the six NFTs sold, I purchased one of them.
  • Creatd's first NFT drop marked a successful step in our analysis of the NFT market and the complexities of building a successful marketplace platform.

Creatd, Inc. Unveils its First NFT Art Release and Provides Update on Future NFT Strategy

Retrieved on: 
Wednesday, September 22, 2021
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We're thrilled to feature some of the exceptional pieces from the OG Collection by bringing it into the NFT space.

Key Points: 
  • We're thrilled to feature some of the exceptional pieces from the OG Collection by bringing it into the NFT space.
  • These pieces are showcased through OG Gallery, Inc., which maintains a licensing agreement with OG Collection, LLC."
  • Creatd Co-CEO Laurie Weisberg added, "Today's announcement marks an important step forward toward delivering on our NFT strategy.
  • This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.