Look who the investor is -- Steven Schapera, who'll become chairman of Crowd Media.
He and his mates have tipped $3.7 million into this through a convertible note.
Could they fund OBJ in the same way? I'm sure they could.
There could be synergies for us with this company.
Crowd Media is a global leader in influencer marketing. It "works with brands and digital influencers to deliver branded content to the massive and fast-growing millennial and Generation Z markets".
Schapara says: "For some time, I have been looking for a platform that can leverage the considerable experience of an investor group such as IIC, with synergies enabling us to accelerate the growth of numerous opportunities that we are currently sitting on."
It adds that the investing group will "introduce products and/or businesses to Crowd that will leverage Crowd’s proprietary technology and knowhow, enabling those products and/or businessesto be promoted and marketed through Crowd’s well-established digital marketing platforms and distribution channels"
"It is expected that this will result in Crowd entering into JV’s that will complement businesses and/or brands already associated with
the Consortium
Brands Crowd have previously worked with -- Foreo (Peros) and L'Oreal (Schapera/Becca)
It's all dot joining, but interesting nevertheless
http://crowdmobile.listedcompany.com/newsroom/20190829_448048k173k6d3.pdf
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