Zacks Small-Cap Research has initiated coverage on Jerrick Media Holdings (OTCQB: JMDA), a holding company
that gives technology products the resources and opportunities to make ideas a
reality. Among other highlights, the research report provides an outlook and
overview of the company, details regarding the industry and competition, a report
of the company’s financials, and a valuation. “We believe based on our
forecasts and comparable companies, Jerrick Media could be worth $13.00 per
share by 2021 based on multiple of 14 times enterprise value to sales using a
combination of public and private company comparables,” the Zacks Small-Cap
Research analyst states in the report. “This is based on it successfully
reaching estimated sales of $9 million in 2021 without any additional equity
dilution than forecasted.”
To view the full report, visit http://ibn.fm/2alQV
About Jerrick
Jerrick Media Holdings, Inc. develops technology-based
solutions to solve digital problems. Through the combination of design, thought
and data analysis, the company builds products that influence a worldwide
audience. Jerrick’s flagship product is Vocal, a proprietary long-form digital
publishing platform that provides storytelling tools and engaged communities
for creators to get discovered and fund their creativity. 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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