Global Tech Ltd (GTLL)

[ColtonFThompson]

Vinco also owns Honey Badger Media, who just signed a contract to operate $GTLL's website, Markets on Main. From the DD at the top of the page:

"November 5, 2020, the Company, through its wholly owned subsidiary, Markets on Main, LLC (“Licensor”), entered into a Platform License Agreement (the “License Agreement”) with Honey Badger Media, LLC (the “Licensee”), a wholly owned subsidiary of Vinco Ventures, Inc.

Under the terms of the License Agreement, the Company granted the Licensee a perpetual, non-exclusive license to operate the Platform, fulfillment opportunities and its related technologies. In consideration for the License, the Licensee shall pay to the Licensor a fee equal to twenty percent (20%) of the Net Profits generated from Licensee’s clients through the Platform.

“The License Agreement is a milestone for our Markets on Main operating subsidiary,” stated President, Jimmy Wayne Anderson. “We look forward to working with the staff at Honey Badger as they buildout and utilize MOM’s Platform and logistics services,” Mr. Anderson concluded."

So there are two agreements between Vinco and Global Technologies. One was the sale of HMNRTH assets for $$ and $BBIG shares, with future compensation based on product performance. The other was a licensing agreement for operating the Markets on Main website with a %age of sales moving forward.

According to the DD posted on the top of the page, both companies also have an ownership stock (GTLL 25%, BBIG 50%) in Global Clean Solutions.

They're in bed together on a bunch of projects. I think this could be the basis of merger murmurings.