$ABC PENNY STOCK ALERTS ~ WHEN THE PRICE IS RIGHT $

[Let's Roll]

$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. Strategy: Buy. Innovate. Grow.

BUY: Vinco will seek to acquire one significant brand per quarter commencing with the acquisition of Honey Badger Media, the media technology platform acquisition announced today.

Acquisitions are our model. The specific attributes of the target companies will evolve with the market, but the core focus will remain digital media and consumer product companies.

The Vinco target brand acquisitions will be segmented into 3 Tiers:

Tier 1 brand acquisitions generate $20M+ in top line revenue.

Tier 2 brand acquisitions generate $10-19M in top line revenue.

Tier 3 brand acquisitions generate $0-9M in top line revenue.

https://www.barchart.com/story/stocks/quotes/EDNT/news/619039/edison-nation-inc-announces-the-closing-of-a-merger-agreement-with-vinco-ventures-inc