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Chris Ferguson, Chief Executive Officer of Vinco Ventures, Inc. (NASDAQ: BBIG), today issued a letter to the Company's shareholders commenting on the Company's recent merger agreement, name change, strategic path forward, 2021 outlook and key PPE related developments. A copy of the letter also appears on the Company’s website and is disclosed in the Company’s Current Report on Form 8-K filed with the SEC on November 12, 2020. https://www.otcmarkets.com/stock/BBIG/news/story?e&id=1741006
$BBIG
Over 30k now!
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Nice volume coming in.
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Honey Badger Media is a full service content monetization company focused on brand specific messaging. By leveraging internal assets and long term strategic partners, we are able to design digital campaigns from creation to monetization. Honey Badger Media will assist in growing the Vinco internal brands with a focus on high ROI from both product sales and traffic monetization. https://investors.vincoventures.com/presentations
$BBIG
It is a nice start to the week.
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Even higher, $4.21 multiple days back in July. This thing has legs. Earnings are scheduled for post market I'm hearing.
$BBIG Our Brands
Ferguson Containers
SRM Idea Lab
Cloud B
Best Party Concepts
Pirasta
4keeps Roses
Edison Nation Medical
Smarter Specs
Human Earth
Purple Mountain Clean
Uber Mom
911 Help Now
Everyday Edisons
(NASDAQ: BBIG) Vinco Ventures's 52-week high was $4.12
If earnings are solid, this should easily go past 2$
911 Help Now is targeted to today’s busy individual as an emergency response pendant. With a direct connection to 911 at the push of a single button, the consumer is connected to the emergency services that they require. http://www.911helpnow.com
$BBIG
They have an impressive IP
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It sure is. Very solid presentation.
Nice investor presentation from Vinco Ventures
https://d1io3yog0oux5.cloudfront.net/_55095249e75ee66e93a1e8555e3d1192/vincoventures/db/295/2295/pdf/Vinco_short_deck-OPT_r3.pdf
$BBIG
Just notice a trade posted already.
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Great sales expectations!
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That looks like a great plan.
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I agree, I think we will see it soon.
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Royalty streams are a secondary growth driver of Vinco by allowing revenue generation through non-core brands and IP functionality. Through strategic partnerships we are able to leverage existing assets and IP with zero additional cost risk to the company. These alliances allow for our product and IP to reach non-core markets, and continue to grow revenue without risk.
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They are reporting big sales numbers now and think $17M more each quarter of next year can be attained
Total Current Brand Sales: $21.8M ~ Total Media/Technology and B to B Sales: $16.3M
https://investors.vincoventures.com/presentations
$BBIG
Can move big here zig!
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Nice share structure. Only 7 million unrestricted outstanding shares
https://www.otcmarkets.com/stock/BBIG/security
The core brands for Vinco will leverage the digital traffic platforms of Pop Nation and Honey Badger. By significantly improving both the traffic volume and the conversion metrics, the brands will more easily scale and innovate around the products that are most successful.
$BBIG
The Vinco Strategy: B.I.G.
In today’s marketplace for consumer product companies, the digital shelf dominates as the core channel for brand growth and sustainability. The reduction in physical shelf space and the global pandemic have exponentially increased the change in consumer behavior to favor purchasing online.
Many consumer product brands are struggling with this reality and have failed to focus on the importance of the digital shelf. Such brands are ripe for consolidation, and Vinco will seek to lead the effort to consolidate those brands.
Vinco is poised to leverage the new market opportunity by utilizing their B.I.G.
BBIG
Growth is fueled through acquisition and innovation. As the third step in our business, it’s the result of proper execution of our acquisition strategy and efficient innovation. By coupling these two principles together we scale quickly and profitably.
Welcome to the Vinco Team
Brian McFadden, Chief Strategy Officer
Mr. McFadden currently operates a consulting company focused on business development in the digital direct to consumer space. Mr. McFadden’s company has been successful in launching several direct-to-consumer products for both internal concepts as well as Fortune 500 companies. Mr. McFadden has been integral in the creation of several cellular communications patents in previous business experience. With substantial experience in the live shopping and digital commerce space, Mr. McFadden brings with him a wealth of industry knowledge and contacts. Additionally, a serial entrepreneur Brian will assist in identifying and targeting our acquisitions to ensure for long term growth and scale. $BBIG
Exclusive and perpetual license agreement for the use of the Honey Badger Media portal and its process for branding and content development of media properties in exchange for 750,000 shares of restricted common stock of the company.
BBIG
Edison Nation reviews all ideas and design contributions, whether it's a sketch on a napkin, a prototype or a patented invention. Submit to one of our current innovation searches or design challenges, and we'll evaluate it right away. Our product review process is confidential and we're under non-disclosure agreements with all of our licensing partners. Protecting your intellectual property is our top priority.
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Check out their site: https://edisonnation.com/
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Should see a breakout here soon!
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It is great how they keep the investors updated.
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I am as well Bud.
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Recent news from the company has been great!
https://microsmallcap.com/stock-quote/BBIG/news
Looking forward to that too!
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Look at the revenue guidance for 2021 at the bottom of the most recent press release!
https://microsmallcap.com/news/7914387003006649
$BBIG
Can't wait to see what earnings for $BBIG
Monday is the day! Let's see if it can hold and close even or get to the mid $1.50's today. Earnibgs info for Q3 should be very solid.
I know that Monday is the deadline based on their extension filing
Heard Q3 earnings will be publicly released on Monday. I have a feeling they'll be strong. $1.50 pps is a steal right now.
Does anyone have any news/updates on the earnings release?
Alert!!! Hearing that BBIG aka as EDNT formerly is announcing Q3 results within a week. Add it to your list, load up at this pps.
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