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The Essence of Our Approach: Personal and Business Synergy

Charting Creatd's decade: strategic resilience, market evolution, and the fusion of personal and business values.

By Jeremy FrommerPublished 3 months ago 3 min read
Top Story - January 2024
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As I reflect on the decade-long journey of Creatd ($VOCLD), I want to share with you the insights, challenges, and strategic decisions that have shaped our path in the ever-evolving microcap market. This letter is a consolidation of our discussions, embodying the essence of our collective experiences and outlining the future we are passionately working towards.

My approach to life and business is deeply interconnected, where personal and business values are not separate entities but are intertwined in a seamless tapestry. This philosophy is central to how I conduct myself, both personally and professionally. It means bringing the same level of passion, integrity, and authenticity to every aspect of my life. I understand that this might be different from conventional practices, but it is the core of my identity and significantly influences every decision I make.

I have spent the last year working with my partners on Creatd's strategic reinvention while adapting to complex market dynamics. Our journey through the challenging terrain of the microcap market is a testament to strategic resilience.

In an important move, we executed a reverse stock split, returning soon to our original ticker, CRTD, from VOCL. This decision symbolizes a return to our roots and reaffirms our commitment to being a portfolio holding company of cutting edge technology and media assets. It is a strategic step in aligning with our core vision and mission of combining the three disciplines of Finance, Tech and Data.

Post-split, we are strategically focusing on strengthening the balance sheet and improving the portfolio, acquiring distressed associated technology assets. We believe that we are entering a period of significant consolidation in the tech industry, particularly in the small and microcap public markets. This represents an opportunity for Creatd to emerge as a leader in acquiring and integrating undervalued but fundamentally strong technology assets. Our strategy is to leverage these opportunities to position Creatd at the forefront of this consolidation wave.

I am very focused on our financial strategy and despite the challenges, including a lower market cap, we have made the strategic decision not to refinance our debt but to convert our convertible notes into preferred securities. I will have more to announce on that over the upcoming weeks. This move significantly reduces our debt burden and sets us up for a financial turnaround. It's a testament to our commitment to financial prudence and long-term value creation.

Our stock's trajectory and volume indicates a shift in our shareholder base, from short-term investors to a more stable, long-term investor base. This aligns with our strategic goals and strengthens our position for future endeavors. It reflects a maturing of our investor relations and an alignment with our long-term vision. The past years are defined by innovation. Our painful transition from NASDAQ has been a period of fortifying our core assets, notably the Vocal platform. Vocal is poised to generate positive cash flow, distinguishing Creatd in a market often characterized by uncertainty. This period has been one of survival and resilience, showcasing our ability to adapt and thrive despite market challenges.

Moving to the OTCQB brought its own set of challenges, but we remained steadfast in focusing on our unique strengths and growth potential. Our decision to reverse the stock was a carefully considered strategy, aimed at long-term stability and growth. It was a calculated move, undertaken to ensure our continued success and evolution.

Today, despite the stock's price, Creatd is in a stronger position, with a much more stable capital structure and a solid foundation for growth. Our aim is to uplist to a national exchange. We have done it before and will do it again. We are continuing our journey of overcoming adversity and seizing new opportunities.

In closing, I want to thank each one of you for your continued support and belief in our vision and strategy. Creatd's story is not just about navigating through challenges; it's about embracing change, seizing opportunities, and redefining the boundaries in the microcap market. Our journey together is far from over, and I am excited about what the future holds for us.

Thank you for being a part of this journey. Here's to a future filled with innovation, growth, and success.

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About the Creator

Jeremy Frommer

Chairman & Co-Founder of Creatd ($CRTD) and Vocal. We have much work to do together.

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Comments (11)

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  • Mike Singleton - Mikeydredabout a month ago

    Hi we are featuring your excellent Top Story in our Community Adventure Thread in The Vocal Social Society on Facebook and would love for you to join us there

  • Anna 2 months ago

    Congrats on Top Story!🥳

  • Erez Gerz3 months ago

    Beautiful and deeply affecting!

  • Thavien Yliaster3 months ago

    To go from less than half a penny to two dollars and sixty-nine cents is one heckuva crazy split. I just checked my portfolio and was thrown for a loop. You practically combined five-hundred thirty-eight shares into one. When the stock reversed-split my only concern is if I didn't have enough shares for a complete split if I would have lost any principal.

  • JBaz3 months ago

    You had me at Stock…. Business , Money management and enjoyment in life go hand in hand Congratulations

  • Naomi Gold3 months ago

    This makes me very excited to become Vocal’s breakout star, and attract a larger readership than the platform has previously experienced. I love your vision, and I see how it aligns with mine as a creator. Thank you. 🩷

  • Misty Rae3 months ago

    Thanks for the update. A couple of questions, what's the split ratio? I assume you'll be moving to relist on NASDAQ? As a Canadian, should I wish to invest, listing on a, I'll call it more mainstream exchange is pretty much my only simple path forward.

  • Michael Paine3 months ago

    Thanks Jeremy. OG X Picture crazy investor here saying I'm not leaving.

  • Jeff M3 months ago

    Thanks, Jeremy.

  • Judey Kalchik 3 months ago

    Thank you for this update. I believe in Vocal, and look forward to the evolution of Creatd.

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