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Tuesday, November 29, 2022

Creatd Inc (OTCMKTS: CRTD) Recently Delisted Nasdaq Short Squeeze Rockets Northbound on the Bulletin Boards

Creatd Inc (OTCMKTS: CRTD) is another short squeeze that has rocketed up the charts in recent weeks from a start point well under a dime in September to recent highs near $1 per share. The same groups responsible for FNGR and GTII short squeezes are also involved in CRTD including the Kramers and Lind Partners. CRTD is also an ex-Nasdaq Company that regularly traded over $10 per share and spiked to over $20 per share on the big board’s recently landing on the OTCQB after being delisted on September 3 for failing to meet the minimum bid requirements. Currently trading at a sub $25 million market valuation and fully reporting OTCQB with significant growing revenues CRTD looks attractive with just 24.5 million shares outstanding. Microcapdaily first gave the heads up on CRTD in our article on October 16 when CRTD was around $0.20 per share. 

Recently the Company announced it is planning to spin off its media archive, intellectual property, and other assets including its NFT library and Web 3.0 business division into a separately traded OTCQB stock. The OG Collection features published and unpublished content surrounding the landmark events with an attached a value of nearly $10MM. The Company recently rolled-out Vocal’s new Android app, which comes following the successful introduction of the Vocal mobile app on iOS during third quarter 2022. Vocal’s mobile app, which is now available on both Apple’s App Store and the Google Play Store. They also brought on investment banker Peter Majar to its BOD and to serve as the Chair of the Board’s Compensation and Audit Committees, as well as lend his extensive management consulting expertise to the Company’s C-Suite and Board of Directors.  


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Creatd Inc (OTCMKTS: CRTD) is a company with a mission to provide economic opportunities to creators and brands by multiplying the impact of platforms, people, and technology. The Company operates four main business segments, or ‘pillars’: Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios. Together, Creatd’s pillars work together to create a flywheel effect, supporting the Company’s core vision of creating a viable ecosystem for all stakeholders in the creator economy.  

Vocal was built to serve as a home base for digital creators. This robust, proprietary technology platform that provides best-in-class tools, safe and curated communities, and monetization opportunities that enable creators to find a receptive audience and get rewarded. Creators of all types call Vocal their home, from bloggers to podcasters, makers, musicians, photographers, and more. 

Since its initial launch in 2016, Vocal has grown to be one of the fastest growing communities for content creators of all shapes and sizes. Creators can opt to use Vocal for free, or upgrade to Vocal+. Upon subscribing to Vocal, either as a freemium or premium member, creators can immediately begin to access the numerous monetization opportunities that Vocal facilitates. Specifically, Vocal creators can earn money i) every time their story is read, ii) by competing in Challenges, iii) by receiving Bonuses, iv) by collaborating on branded content campaigns through the company’s in-house agency, Vocal for Brands, v) through ‘Subscribe,’ which enables creators to receive payment directly from their audience via monthly subscriptions and one-off microtransactions. vi) through the Vocal Ambassador Program, which enables creators to receive additional rewards whenever they refer a new Vocal+ member. 

Creatd also recently released the beta release of its social stock trading app, Orbit, to the public. Creatd, inc. purchased a majority stake in Orbit, LLC. this past Summer. The Company expects to release further updates to the social stock trading app as well as full public access during the fourth quarter and plans to begin the monetization of the app during the second quarter of 2023 with a suite of premium features. 

In September the Company released its investor deck in preparation for spinning off its media archive, intellectual property, and other assets including its NFT library and Web 3.0 business division into a separately traded OTCQB stock. The OG Collection features published and unpublished content surrounding the landmark events and famed figures of the 20th century, providing a unique view into the cultural zeitgeist then and now. An Authentication and Appraisal of Artworks (performed in 2016), focused on the value of the photographs and artworks in the collection, attached a value of nearly $10MM. The Company is undergoing an updated appraisal by experts in the field in preparation of the Spinoff. A strong community of enthusiasts, collectors, archivists, and others have nurtured the OG Collection’s intellectual and business value over the last eight years. Having successfully conducted over 100 auctions, OG Collection has amassed a powerful foundation of first-party data which works to further elevate the value of the assets.

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CRTD

In October the Company rolled-out Vocal’s new Android app, which comes following the successful introduction of the Vocal mobile app on iOS during third quarter 2022. Vocal’s mobile app, which is now available on both Apple’s App Store and the Google Play Store, is designed for audiences to more effectively engage with the content and creators they know and love. Using the app, creators will benefit from accessing new Vocal+ premium resources and exclusive app-only features like Vocal Coins—a built-in payment system. Further, the app leverages Vocal’s existing “Subscribe” capabilities to optimize in-app content discovery and curation as well as personalization, which together generate a premiere and elevated reader experience. Users may download the Vocal app for Android on the Google Play Store, here. 

On November 3 Creatd announced the appointment of Peter Majar to its board of directors. Mr. Majar will serve as the Chair of the Board’s Compensation and Audit Committees, as well as lend his extensive management consulting expertise to the Company’s C-Suite and Board of Directors. 

Majar’s experience as an investment banker, advisor, and entrepreneur focused on the intersection of high technology and financial services spans over 25 years, with roles at Credit Suisse First Boston within the Investment Banking Technology Group and Financial Technology & Diversified Financial Services at Piper Sandler. Majar holds an M.B.A. from Columbia University and a B.S.B.A from the University of Washington, where he currently serves on the Advisory Board of the University’s Foster School of Business. Mr. Majar has concentrated relationships across the Financial & Business Services industry, having played key roles in transactions including Blackstone-Paysafe, Great Ajax, Instinet, and the acquisition of Executive Chairman and CEO Jeremy Frommer’s proprietary trade execution firm, Carlin Financial, by the Royal Bank of Canada. 

Creatd Executive Chairman and CEO, Jeremy Frommer stated: “I have personally known Pete for 15 years. I am tremendously confident in his ability to elevate the Company’s profile operationally and add value in what is an ideal environment for the acquisition of distressed assets and creation of structured financial products. I look forward to working with him on the spin-off and distribution of shares of our OG Media Library and Web 3.0 Assets to new and current shareholders in a newly traded OTC entity.” 

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Currently trading at a $20 million market valuation CRTD is an SEC filer with $1.5 million in the treasury and $10 million in assets vs $11 million in liabilities. The Company has fast growing revenues of $1,625,901 for the 3 months ended June 30, 2022 up from $970,000 for the same period last year. CRTD was recently delisted by the NASDAQ after the stock dropped below $1 and couldn’t get back over. After drifting downward for most of August the stock dropped dramatically in September when the Company hit the bulletin boards. Many experienced penny stock speculators would say CRTD looks significantly oversold by any measure at current levels and considering it used to trade over $10 per share this is one ex big board that deserves to be on traders watch lists. As we have on reported many of these big board’s make significant moves once on the OTC. CRTD is a short squeeze involving the same groups responsible for FNGR and GTII short squeezes including the Kramers and Lind Partners. vocal.media is a very fast growing domain. We will be updating on CRTD when more details emerge so make sure you are subscribed to Microcapdaily.

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Disclosure: we hold no position in CRTD either long or short and we have not been compensated for this article.

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