Business
Creatd Engages Turner Stone to Complete Audit of OG Collection Inc., Advancing Spin-Off Plan as Special Dividend to $VOCL Shareholders
Creatd Engages Turner Stone to Complete Audit of OG Collection Inc., Advancing Spin-Off Plan as Special Dividend to $VOCL Shareholders.
About this update from Creatd Inc.
[{"type":"text","content":"\n\n\n\nCreatd Engages Turner Stone to Complete Audit of OG Collection Inc., Advancing Spin-Off Plan as Special Dividend to $VOCL Shareholders\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCreatd Engages Turner Stone to Complete Audit of OG Collection Inc., Advancing Spin-Off Plan as Special Dividend to $VOCL Shareholders\nPR Newswire\nNEW YORK, May 31, 2023\n\n\n\nThe successful financing efforts for OG Collection Inc. and the planned spin-off as a special dividend to $VOCL shareholders will showcase the true potential and value of the subsidiary, countering any negative perception caused by short sellers.The completion of the audit and subsequent spin-off will enhance shareholder value by unlocking the true fundamental value of the subsidiary, which has been undervalued in the market.The engagement of Turner, Stone & Company LLP to conduct an audit of OG Collection Inc. demonstrates Creatd's commitment to maintaining transparency and integrity in its financial statements, creating value for shareholders and combating abusive shorting practices.NEW YORK, May 31, 2023 /PRNewswire/ -- Creatd, Inc. $VOCL; (Upstream: VOCL) (\"Creatd\" or the \"Company\"), the parent company of Vocal, a creator-centric SaaS platform, is pleased to announce that it has engaged Turner, Stone & Company LLP (\"Turner Stone\") to conduct an audit of OG Collection Inc, a significant milestone in the company's previously announced plan to spin off the subsidiary as a special dividend to $VOCL shareholders.\nTurner Stone, a highly respected independent registered public accounting firm, brings extensive experience and knowledge in the industry to Creatd. Their expertise in auditing and financial reporting will play a crucial role in the Company's commitment to maintaining transparency and integrity in its financial statements.\nStated Jeremy Frommer, CEO and Chairman, \"We remain steadfast in our commitment to the OG spin-off, creating shareholder value, and combating abusive shorting practices. However, it is disconcerting to witness the total market capitalization of $VOCL being lower th...