- First member to join founder Jeremy Frommer is Martin Shen, CEO of FingerMotion, Inc. (FNGR).
- Advisors undergo a thorough review process before appointment and agree to participate in a united cause to protect retail investors.
NEW YORK, Feb. 21, 2023 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD; Upstream: CRTD) ("Creatd" or the "Company"), the parent company of retail investor activist group CEOBLOC, today announced the creation of an advisory board to guide the organization's priorities and be a voice on the ground with its members. The advisory board, whose members will undergo a thorough vetting and approval process, are expected to provide governance recommendations on oversight, assist with setting CEOBLOC's organizational vision, and strive to ensure that everyday investors have a platform to meaningfully exercise their voice.
"Over the last year, there has been significant confusion and mixed messages from a diversity of CEOs and organizations, each with their own agenda and path to action," said Jeremy Frommer, CEO and Chairman of Creatd. "The formation of CEOBLOC creates a transparent understanding of the environment we're working in where CEOs, executives, and organizations are officially working within an activist community and forwarding the cause."
CEOBLOC is an organization established with the goal of bringing national attention to the plight of the retail investor in today's public markets. Participating as the inaugural members of CEOBLOC's advisory board are Jeremy Frommer of Creatd, Inc. and Martin Shen of FingerMotion, Inc., both CEOs of companies with stocks that have or are believed to have experienced an outsized impact from naked shorting effects. CEOBLOC is currently in the process of reviewing a number of individuals for future addition to the Advisory Board. Crucial for appointment to the Advisory Board is a commitment to combining individual resources and uniting as a collective. Participating CEOs and executives agree to a code of conduct in the spirit of partnership and meet regularly to review progress on multiple fronts, including legislative activity, making recommendations on investigations into abusive trading practices, and data gathering. Certain members will additionally engage in direct lobbying activities.
Continued Frommer, "I am thankful to Martin Shen for his dedication to joining forces and forging a common path toward success. Too many CEOs are leveraging this moment in time, as a standalone opportunity rather than devoting themselves to collectively enacting systemic change. It is important for CEOBLOC to distinguish itself as a true 'members organization' that will effectuate change not just for a single stock or shareholder base, but for all. We are committed to compelling Congress to take action and protect the retail investor community."
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