The acquisition follows the formation of a strategic partnership between the Company and Target Media that was announced on
Founded in 2013, Stock Day Media has become one of the fastest growing media outlets for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day Media provides companies with customized solutions to their news distribution in both national and international media outlets.
The Stock Day Media website contains over 500 hours of resourceful digital content that includes approximately 1,500 podcast episodes published to Audioboom and an estimated 2,000 podcast episodes published to its website.
The Company believes there may be an opportunity to leverage the respective service offerings and brand authorities provided by Stock Day Media along with its existing investor awareness-focused platforms such as Technical 420, On the Bids, and Mushroom Stocks to increase its market share within the investor awareness and public relations sectors and to develop this arm of its business operations into a more prominent revenue driver for PSYC.
“We are at a stage in the evolution of
“Over the past 3 plus years, I have had the privilege of working with
As highlighted in our press release earlier this week (
Additionally, the board and I are also confident that we have structured this acquisition prudently and in a manner that we believe is friendly and advantageous to our shareholders and our ongoing operations budget by minimizing, to the extent possible, dilution, as well as preserving our cash-on-hand by ensuring that future cash payments are tied directly to the achievement of specific net revenue-related milestones.
We would also like to thank our new partners at Target Media who played an instrumental role in helping to make this acquisition possible through a strategic loan financing agreement that they made available to the Company earlier this month.
This, in my opinion, is a clear example of the tremendous value the Target Media team is actively delivering to
Stock Day Media Founder and CEO,
In the last few years alone,
I am also looking forward to the opportunity that I believe this will present for us to expand Stock Day Media’s existing business model and to focus on growth-related strategies designed and intended for us to capture a larger and more significant market share in the months ahead.”
About
Management’s assessment is that through the diversified collection of multimedia platforms the Company owns and operates, and most specifically through the news, information, and engaging content they each produce and publish respectively,
About
SMC currently owns and operates Psychedelic Spotlight which, according to the Company, has emerged as a recognized industry-leading multimedia platform dedicated to covering the growing movement across society involving psychedelic-assisted healing. Additionally, SMC also operates PSPACE, a psychedelic integration and mental wellness consumer-facing platform being developed to effectively meet the demands linked to the expanding interest and curiosity across society related to the healing and therapeutic wonders of psychedelics and other plant based and holistic modalities.
SMC’s service-focused media platforms include Technical 420, On the Bids, and Mushroom Stocks which each serve publicly traded companies operating in the sectors of cannabis, mining and precious metals, and medicinal psychedelics and have become valuable informational resources for individuals following each of these respective market sectors.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors, including the effect of COVID-19 and the success of the current vaccine distribution, the adverse effect of the Omicron variant, that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are disclosed on the OTC Markets.com website and is not incorporated by reference into such reports.
Disclaimer:
Corporate Contact:
www.psyccorporation.com
www.spotlightmediacorp.com
(702) 239-1919
info@psyccorporation.com
OTC PINK MARKET:
Source:
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