Clubhouse Media Group, Inc. Closes Promo Deals with Walmart and DraftKings

LOS ANGELES, April 19, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, today announced that they have finalized separate promotional deals with Walmart and sports betting powerhouse, DraftKings, through their partnership with The Reiman Agency. 

"We are building long lasting relationships with some of the largest brands in the world" said Alden Reiman CEO of The Reiman Agency. "It's exciting to watch the growth of the business.  We have a lot of deals coming down the pipeline and we are expecting an increase in the deal flow in the coming months."

"We are assisting larger and larger brands in marketing products and services to their target audiences" said Amir Ben-Yohanan, CEO of CMGR.  Walmart and DraftKings are just two examples of the type of clientele we have been engaging with recently.  The celebrities and creators we are working with promote both the brand and individualized products and services that they offer."

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.

Follow CMGR on Twitter: https://twitter.com/ClubhouseCMGR

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 assume no obligation to update any forward-looking statements contained in this press release.

SOURCE Clubhouse Media Group, Inc.