Jerrick Media Holdings (OTCQB: JMDA), a holding company
that gives technology products the resources and opportunities to make ideas a
reality, was recently covered by Zacks Small-Cap Research. Zacks provided a
final estimated valuation for the company of $13 per share by 2021, calculated
using a combination of valuation metrics (http://ibn.fm/eoIHo). An article discussing the company
reads, “Looking at Jerrick’s balance sheet, Zacks noted that the company ended
the third quarter with $167,000 in cash reserves, $7.3 million in debt and a
negative $8.1 million in working capital. ‘However, with the current capital
raise, this will change drastically,’ stated the report, which noted that
Jerrick had filed an S-1 outlining the company’s plan for a $6–7 million
capital raise and plans for uplisting to the Nasdaq Capital Market. ‘After the
deal, primary shares outstanding should be closer to 12 million. Even without
this raise, the balance sheet is much stronger than it appears.’”
To view the full article, visit http://ibn.fm/Ntepj
About Jerrick
Jerrick is a holding company that develops technology-based
solutions. Its flagship product — Vocal — is a long-form, digital publishing
platform focused on supporting content creators by providing them with
publishing tools and monetization features that are embedded within digital
communities. Vocal is architected to enable targeted marketing of branded
content and e-commerce opportunities embedded within long-form content. Vocal’s
community sites are managed by a dedicated team, whose primary focus is on
creating safe communities and identifying monetization opportunities within
those communities. For more information, visit the company’s website at https://Jerrick.media.
NOTE TO INVESTORS: The latest news and updates
relating to JMDA are available in the company’s newsroom at http://ibn.fm/JMDA
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