- First member to join founder Jeremy
Frommer is Martin Shen, CEO
of FingerMotion, Inc. (FNGR).
- Advisors undergo a thorough review process before appointment
and agree to participate in a united cause to protect retail
investors.
NEW
YORK, Feb. 21, 2023 /PRNewswire/ -- Creatd, Inc.
(OTCQB: CRTD; Upstream: CRTD) ("Creatd" or the "Company"), the
parent company of retail investor activist group CEOBLOC, today
announced the creation of an advisory board to guide the
organization's priorities and be a voice on the ground with its
members. The advisory board, whose members will undergo a thorough
vetting and approval process, are expected to provide governance
recommendations on oversight, assist with setting CEOBLOC's
organizational vision, and strive to ensure that everyday investors
have a platform to meaningfully exercise their voice.
"Over the last year, there has been significant confusion and
mixed messages from a diversity of CEOs and organizations, each
with their own agenda and path to action," said Jeremy Frommer, CEO and Chairman of Creatd. "The
formation of CEOBLOC creates a transparent understanding of the
environment we're working in where CEOs, executives, and
organizations are officially working within an activist community
and forwarding the cause."
CEOBLOC is an organization established with the goal of bringing
national attention to the plight of the retail investor in today's
public markets. Participating as the inaugural members of CEOBLOC's
advisory board are Jeremy Frommer of
Creatd, Inc. and Martin Shen of
FingerMotion, Inc., both CEOs of companies with stocks that have or
are believed to have experienced an outsized impact from naked
shorting effects. CEOBLOC is currently in the process of reviewing
a number of individuals for future addition to the Advisory Board.
Crucial for appointment to the Advisory Board is a commitment to
combining individual resources and uniting as a collective.
Participating CEOs and executives agree to a code of conduct in the
spirit of partnership and meet regularly to review progress on
multiple fronts, including legislative activity, making
recommendations on investigations into abusive trading practices,
and data gathering. Certain members will additionally engage in
direct lobbying activities.
Continued Frommer, "I am thankful to Martin Shen for his dedication to joining forces
and forging a common path toward success. Too many CEOs are
leveraging this moment in time, as a standalone opportunity rather
than devoting themselves to collectively enacting systemic change.
It is important for CEOBLOC to distinguish itself as a true
'members organization' that will effectuate change not just for a
single stock or shareholder base, but for all. We are committed to
compelling Congress to take action and protect the retail investor
community."
About CEOBLOC
CEOBLOC is a retail activist bloc of public CEOs, executives, and
shareholders committed to putting an end to naked short-selling and
other abusive trading practices. The organization was founded by
Jeremy Frommer, CEO and Chairman of
Creatd, Inc.
CEOBLOC: https://ceobloc.com/
Sign-up: https://ceobloc.com/signup
Twitter: https://twitter.com/ceo_bloc
Contact: info@ceobloc.com
About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a company with a mission to
provide economic opportunities to creators and brands by
multiplying the impact of platforms, people, and technology. The
Company has four main business segments, or 'pillars': Creatd Labs,
Creatd Partners, Creatd Ventures, and Creatd Studios. Each pillar
is characterized by a distinct revenue model, while operating on a
shared-services structure and proprietary data collected from our
multiple technology platforms. Creatd's pillars work together to
create a flywheel effect, supporting our core vision of creating a
viable and safe ecosystem for all stakeholders in the creator
economy.
Creatd: https://creatd.com;
Creatd IR: https://investors.creatd.com;
Vocal Platform: https://vocal.media;
Investor Relations Contact: ir@creatd.com
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SOURCE Creatd, Inc.