Jerrick Media Holdings (OTCQB: JMDA), a holding company that gives technology products the resources and opportunities to make ideas a reality, was recently covered by Zacks Small-Cap Research. Zacks provided a final estimated valuation for the company of $13 per share by 2021, calculated using a combination of valuation metrics (http://nnw.fm/AB5jI). An article discussing the company reads, “Looking at Jerrick’s balance sheet, Zacks noted that the company ended the third quarter with $167,000 in cash reserves, $7.3 million in debt and a negative $8.1 million in working capital. ‘However, with the current capital raise, this will change drastically,’ stated the report, which noted that Jerrick had filed an S-1 outlining the company’s plan for a $6–7 million capital raise and plans for uplisting to the Nasdaq Capital Market. ‘After the deal, primary shares outstanding should be closer to 12 million. Even without this raise, the balance sheet is much stronger than it appears.’”
To view the full article, visit http://nnw.fm/h9Uyh
About Jerrick
Jerrick is a holding company that develops technology-based solutions. Its flagship product — Vocal — is a long-form, digital publishing platform focused on supporting content creators by providing them with publishing tools and monetization features that are embedded within digital communities. Vocal is architected to enable targeted marketing of branded content and e-commerce opportunities embedded within long-form content. Vocal’s community sites are managed by a dedicated team, whose primary focus is on creating safe communities and identifying monetization opportunities within those communities. For more information, visit the company’s website at https://Jerrick.media.
NOTE TO INVESTORS: The latest news and updates relating to JMDA are available in the company’s newsroom at http://nnw.fm/JMDA
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.