Clubhouse Media Group, Inc. Closes Numerous Brand Deals in March 2023

Rhea-AI Summary

Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced the completion of multiple brand promotional deals in March 2023, involving notable personalities like Vinny Guadagnino, Tisha Alyn, Dr. J Mack Slaughter, and the Bryan Bros. CEO Amir Ben-Yohanan expressed satisfaction with the March outcomes, highlighting that the agency's ability to secure high-caliber deals continues to improve. CMGR specializes in providing management, production, and deal-making services for influencers, along with investment opportunities in the social media influencer sector.

The announcement emphasizes CMGR's growth in brand partnerships, which could enhance its market positioning and revenue potential. However, it is essential to consider the inherent risks and uncertainties associated with forward-looking statements made by the company regarding future performance.

Positive

• Finalized multiple brand promotional deals in March 2023, indicating growth.
• Involvement of notable influencers could enhance brand visibility and market reach.

Negative

• Forward-looking statements highlight risks and uncertainties that may affect future performance.

LOS ANGELES, April 18, 2023 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), a social media firm and digital agency, announced that they have finalized various brand promotional deals in March 2023.  The talent includes (but is not limited to) names such as Vinny Guadagnino (reality TV star), Tisha Alyn (golf media personality), Dr J Mack Slaughter (TV actor), and the Bryan Bros (YouTubers).

"I'm pleased with the March results" said Amir Ben-Yohanan, CEO of CMGR.  "Our agency is consistently bringing deals to the table and the caliber of these deals has elevated."

Visit us @ clubhousemediagroup.com

About Clubhouse Media Group, Inc.
CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.

FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Forms 10-Q and Current Reports on Form 8-K, which are available on the Securities and Exchange Commission's website at sec.gov. We assume no obligation to update any forward-looking statements contained in this press release.

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SOURCE Clubhouse Media Group, Inc.

FAQ

What brand deals did Clubhouse Media Group (CMGR) finalize in March 2023?

CMGR finalized various brand promotional deals involving influencers like Vinny Guadagnino and Tisha Alyn.

Who are the influencers involved in the recent deals by CMGR?

The deals include notable personalities such as Vinny Guadagnino, Tisha Alyn, Dr. J Mack Slaughter, and the Bryan Bros.

What does Clubhouse Media Group (CMGR) specialize in?

CMGR specializes in management, production, and deal-making services for social media influencers.

How did CEO Amir Ben-Yohanan respond to the March 2023 results?

CEO Amir Ben-Yohanan expressed satisfaction with the results and the quality of deals secured.

What are the potential risks mentioned in CMGR's press release?

The press release mentions inherent risks and uncertainties that may impact CMGR's actual results and financial performance.