- Vocal, JMDA’s social publishing platform, achieves impressive Alexa ranking—in part due to release of Vocal 2.0
- Jerrick’s Q3 revenue figure of $91,386 represented nearly a 100% increase over a combined $41,515 for the first two quarters of fiscal year 2019
- Q4 revenue is expected to be approximately $305,000-$315,000
In his weekly update, Jerrick Media Holdings Inc. (OTC: JMDA) CEO Jeremy Frommer discussed the company’s growth strategy, recent achievements, and upcoming rebranding. He announced the company’s intended focus on expanding its technology and “cultural ecosystem,” which he anticipates “should result in exponential value for shareholders.” To mark this next chapter in its evolution, the company will undergo a rebranding, transitioning from Jerrick to Creatd in the near future (http://nnw.fm/CrRS3).
Frommer began his report with a review of the company’s financial successes. The company’s current revenue expectation of approximately $305,000-$315,000 for the fourth quarter 2019 is in line with previous public guidance. This is as compared to the $91,386 in revenues reported for the third quarter, over a 300% increase. The revenue figure of $91,386 represented nearly a 100% increase over a combined $41,515 for the…
NOTE TO INVESTORS: The latest news and updates relating to JMDA are available in the company’s newsroom at http://nnw.fm/JMDA
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