Vinco Ventures Inc (BBIG)

[Bountiful_Harvest]

3/31/22 - Vinco; Visionary CEO “Transforming Vinco to Digital Media Company”:

https://finance.yahoo.com/news/leaders-moderna-tilray-pharmadrug-vinco-130000329.html

Vinco Ventures (NASDAQ: BBIG) CEO Lisa King: “Transforming Vinco to Digital Media Company”
“...We completed the acquisition of an 80% interest in Lomotif, one of the fastest growing video-sharing social networking platforms in its category over the last three years, with over 225 million installations of the Lomotif app globally since launch…Over 10 billion atomic clips of user generated content have been used to create more than 750 million videos on the platform since its launch. We view Lomotif as the centerpiece of our strategies to become a pure play media and entertainment company…We intend to monetize the platform to our planned acquisition of AdRizer through ZVV Media Partners LLC, our joint venture with ZASH Global Media, the planned acquisition we announced in early October. AdRizer runs both real-time programmatic ad transactions and has direct agreements with agencies and advertisers on its own proprietary AI-focused platform….We believe that Lomotif and AdRizer will be complemented by our Honey Badger Media and Edison Nation brands, which will remain with Vinco. Honey Badger is a digital commerce company that designs digital campaigns and leverages its network of millions of followers and an impressive catalogue of celebrities and influencers to grow advertising revenue…Honey Badger brings a proprietary monetization process that converts traffic to dollars, employs content arbitrage to capitalize on network traffic and leverages a powerful ad stack. Edison Nation allows inventors to create, distribute, market and monetize their products to licensing agreements….What I've described above is the vision we have for the transformation of Vinco to a media and entertainment company.”