Grom Social (GROM) Seems to be Building a Social Media Empire for Children One Brick at a Time
The chart setup indicates trending shares, recently moving past their SMA20.
Good day everyone,
Update, Grom Social Enterprises, Inc. (NASDAQ: GROM) the social media company just for kids, and a creator of media content for animated films and televisions series.
Current price $.7449/share (at market close 5-31-22)
GROM is building a social empire geared toward children under thirteen, an age group that parents, grandparents, and other family members love to spend on. The current price of GROM shares must seem irresistible to a considerable number of investors, even institutions have grabbed up 8.7% of the company.
GROM has assembled so much talent, formerly associated with Nickelodeon, it seems like they could repeat that success story.
GROM has made several moves in H1 this year that could translate to revenues in H2. I think the changes at Santa.com will be a big one during the holiday season this year. While Santa.com was up and running last year, this upcoming season will be the first with the ability for purchase of merchandise.
The company has announced it will partner with Cepia LLC to serve as licensing agent for the hit toy and entertainment franchise, Cats vs Pickles.
The licensing partnership builds on the Curiosity-Cepia relationship established in 2021, an alliance to develop Cats vs Pickles into a widely distributed animated series featuring the hilarious cast of characters from the wildly popular Cats vs Pickles product line. In addition to entertainment content, Curiosity Ink Media has also signed on to develop multiple publishing titles, planned for 2022 and 2023 release. The first book in the series, Everybody Loves Cats vs Pickles is slated for release in September of 2022.
Book value (3-31-22) $1.33/share
Outstanding shares 18.7M
Shares in float 15.5M
YTD high $2.13/share
Insider ownership 16.5%
Recent developments at GROM that may contribute to revenues in the near term:
Curiosity announced the new Mr. Zip book series, teaming up with the USPS.
Top Draw Media has announced two major contracts, one for $950K on February 2nd, and another for $1.15M on April 21st of this year. TDM currently accounts for most of the revenues at GROM.
Grom brought in Melanie Bartlett, a marketing executive known for bringing beloved animated properties to consumers, as a consultant.
Unveiled The Legion of Forgettable Supervillains, an original intellectual property franchise which will debut as a graphic novel in partnership with publisher, Dynamite Entertainment.
Partnered with iconic comedian Maz Jobrani to develop an original animated sitcom, Laugh on Lorb.
Secured Montana Poet Laureate M.L. Smoker to write and consult for the Thunderous graphic novel series, debuting in partnership with publisher Dynamite Entertainment.
Engaged the services of veteran brand builder and design expert Richard Manville’s Richard Manville Studio, to guide design for the company’s holiday entertainment and shopping hub, Santa.com.
Enlisted Afterglow Pictures LLC to assist in the development and distribution of the company’s expanding roster of original animated franchise properties.
GROM shares have passed their SMA20 of $.63 and are moving toward their SMA50 of $.84/share.
We will be back with more on Grom Social Enterprises soon,
The Traders News Team
Do we disclose any information to outside parties?
What information do we collect?
We collect information from you when you subscribe to our newsletter or fill out a form on one of our social platforms. This includes your email address and or mobile phone number.
When registering on our site, as appropriate, you may be asked to enter your: e-mail address and or mobile number.
What do we use your information for?
When we collect your email or mobile number it is used for one purpose to send you the information you requested about small cap stocks. Please read our disclaimer carefully before viewing our emails.
Your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, other than for the express purpose of delivering the information on small cap stocks that you requested.
We send periodic emails
The email address you provide may be used to send you information, the small cap stock reports you requested, respond to inquiries, and/or other requests or questions.
How do we protect your information?
We implement a variety of security measures to maintain the safety of your personal information when you enter, submit, your email address. We use secure third parties to send email and sms messages to you.
Because we value your privacy we have taken the necessary precautions to be in compliance with the California Online Privacy Protection Act.
Traders News Source is a wholly owned subsidiary of Traders News Source LLC, herein referred to as TNS LLC.
Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use.
Please Note: TNS LLC and its employees are not a registered investment advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever.
Release of Liability: Through use of this website viewing or using you agree to hold TNS LLC, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. TNS LLC encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and TNS LLC makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead TNS LLC strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. TNS LLC is compliant with the Can Spam Act of 2003. TNS LLC does not offer such advice or analysis, and TNS LLC further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.
The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.
In preparing this publication, TNS LLC has relied upon information supplied by its customers, publicly available information and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The owners and operators of this website have been compensated ten thousand dollars cash via bank wire by grom social enterprises for this weeks updated coverage of grom. The advertisements in this website are believed to be reliable, however, TNS LLC and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. TNS LLC is not responsible for any claims made by the companies advertised herein, nor is TNS LLC responsible for any other promotional firm, its program or its structure.
TNS LLC is not affiliated with any exchange, electronic quotation system, the Securities Exchange Commission or FINRA. TNS LLC is not a Broker/Dealer and does not engage in high frequency trading.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.