PSYC Enters Strategic
Partnership with Target Media to Help Accelerate Audience and
Revenue Growth Opportunities
LAS VEGAS, NV -- August 29, 2023 -- InvestorsHub NewsWire --
PSYC Corporation (OTC
Pink Market: PSYC) (“PSYC”, “PSYC Corp” or the “Company”),
parent company to Spotlight
Media Corporation (“SMC” or the “wholly owned subsidiary”), a
multimedia leader for all things psychedelics including the
emerging medicinal psychedelics market sector is pleased to
announce the formation of a global strategic partnership between
the Company and Target Media
that will combine PSYC’s industry leading emergence as a top
authority for news, information, and resources for the psychedelic
sector with the world class media strategies and investments,
including next-gen ad technology services as a leading performance
digital solutions provider to brands, offered by Target
Media.
Plans are for this strategic alliance formed between PSYC and
Target Media to initially prioritize strengthening the core of
PSYC’s collection of performing media assets such as Psychedelic
Spotlight, PSPACE
(f/k/a Bonfire) and Technical
420 and primarily by leveraging Target Media’s dynamic
expertise in developing and deploying results-driven digital
marketing strategies that have proven to be effective for various
national and international brands they have represented in their
more than 25 years of experience.
Furthermore, the Company contends that a critical component of
this partnership will be dedicated towards developing solutions
specifically intended to help strengthen its balance sheet and by
emphasizing its revenue-production capabilities as an evolving
multimedia holding company.
According to Management, this will include a thorough analysis,
alongside its Target Media partner, of its existing media platforms
to identify opportunities and available solutions to expand on
their current performance capabilities and to help maximize their
collective revenue production potential.
A focus will also be placed on pursuing strategic accretive
acquisition opportunities with the intent of incorporating
additional revenue performing media assets under the PSYC umbrella
and which Management believes will contribute effectively and
beneficially to the Company’s overall revenue production
performance in both the short and long-term.
In the last 12 months, the Company, according to its Q2 2023
Disclosure and Financial Statements posted to the OTC Markets,
has produced a year-over-year increase in revenue of nearly 94% and
Management is optimistic that this partnership with Target Media
creates a unique opportunity to build off of this
production.
“I truly believe that this partnership with Target Media has an
opportunity to be a massive win and game changer in terms of our
ability to help guide PSYC into this next, and in my opinion,
extremely important phase of our growth and evolution,” said PSYC
CEO, David Flores.
“Right from our very first interaction with Mr. Bowser a few
months ago, it was clear that he recognized the exciting potential
of what we have been focused on meticulously building here with
PSYC and as a budding multimedia holding company for what we
believe are some of today and tomorrow’s most exciting market
sectors. The Target Media team brings such an impressive amount of
experience and industry knowledge that has already allowed them to
identify areas of tremendous opportunity within our business model
and which we are thrilled to begin putting to work here as we roll
out our partnership with them.
The opportunity that I believe this partnership will present for
my team and I to collaborate with passionate minds and
professionals who truly understand the ins and the outs of digital
marketing strategies and how to deploy them in a manner that helps
to ensure you hit the target, pun shamelessly intended, is such an
incredibly unique advantage for PSYC and for the future of our
company, in my opinion.
Furthermore, I would like to think that the formation of this
partnership with Target Media symbolizes the unwavering commitment
my team and I maintain in terms of creating a viable pathway of
bringing to fruition the value we strive to earn and achieve for
our shareholders, partners, and employees alike.”
John Bowser, Target Media President and CEO, shared his thoughts
on this strategic alliance between PSYC and Target Media:
“The PSYC-Target Media partnership is a powerful combination in
my opinion. PSYC’s understanding of complex digital media
interactions, its deep industry expertise, and agile, collaborative
approach is uniquely complimentary to how our Target team works. We
believe this helps to generate industry leading digital media
technology products and platforms to take to market.
With our cutting-edge technology, new and emerging digital media
products and platforms, and planning and buying expertise
throughout the world, this partnership will allow us to drive far
more business impact for our respective clients and place them on
the best path for success in the new digital business
landscape.”
About PSYC Corporation (OTC Pink Market: PSYC)
PSYC Corporation (the “Company” or “PSYC”) is a
forward-thinking multimedia leader for progressive and emerging
market sectors such as medicinal psychedelics and cannabis.
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, PSYC has
effectively positioned itself at the forefront of some of today’s
most dynamic and opportunity-filled market sectors.
About Spotlight Media Corporation
Spotlight Media Corporation (“SMC”) (www.spotlightmediacorp.com)
is a Nevada Corporation and is a privately held wholly owned
subsidiary of PSYC that was incorporated on February 8, 2022.
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: PSYC Corporation does not in any way encourage
or condone the use, purchase, sale or transfer of any illegal
substances, nor do we encourage or condone partaking in any
unlawful activities. We support a harm reduction approach for the
purpose of education and promoting individual and public safety. If
you are choosing to use psychedelic substances, please do so
responsibly.
Corporate Contact:
PSYC Corporation (PSYC)
www.psyccorporation.com
www.spotlightmediacorp.com
(702) 239-1919
info@psyccorporation.com
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