The very nature of the global economic structures we have taken for granted over the last decade are in jeopardy, from the integrity of the European Union to the future of supply lines from China, a country that stands accused of lying to the world about the extent of the virus. Coronavirus has obliterated over 22 million jobs, which amounts to nearly all the jobs that were created since the end of the financial crisis 10 years ago. This economic crisis will have a domino effect and continue to impact one facet of society after another. Ultimately it will create a wall of worry for financial markets to climb. As time passes and we begin to understand the scope of this crisis, facts will eventually force action. There are plenty of opinions about the whos, whys, whens, and hows, but we all know one thing for certain: it will take a long time for the effects of a global economic shutdown to settle enough to create some semblance of a "new normal."
What started out as a government-mandated work from home policy last month turned out to be validation of one of our company’s key strengths: our nearly seamless transition to a work from home environment. We had always taken a rather minimalist approach when it comes to Jerrick and Vocal’s brick-and-mortar presence. To put it simply, we have long expected that our company’s growth would not necessitate a corresponding increase in office square footage.
On March 30th, 2020, Jerrick Media Holdings, Inc. timely filed its 2019 10-K.