Published on July 02, 2024
Creatd, Inc. ($CRTD) (“The Company”) today issued a summary of recent major announcements and disclosed the date for its upcoming special shareholder meeting, which will set the agenda for the Company’s future strategic plans.
Jeremy Frommer, CEO of Creatd, Inc., commented on these developments: “Recent changes in our auditing process have led us to terminate our relationship with Turner Stone & Company due to significant internal issues on their part. We have now engaged new auditors to complete our 10-K filing, aiming for a return to the OTCQB. Our financial results for 2023 highlight major cost reductions and improved gross margins. Net revenues were $2 million, with a significant reduction in cost of goods sold to $1 million, resulting in our first positive gross margin of $1 million. Additionally, we are excited to announce our special shareholder meeting, set for August 1, 2024. This virtual meeting will allow shareholders to vote on critical issues such as special dividends and the sale of a portion of the Company’s assets. We encourage all shareholders to participate actively and exercise their voting rights.”
Special Shareholder Meeting Details
More information about the meeting will be released leading up to the date. For more information and updates, shareholders are encouraged to visit creatd.com, join our Investor Slack channel, and follow us on X (formerly Twitter).
Forward Looking Statements
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