Phoenix, Arizona--(Newsfile Corp. - June 3, 2022) - The Stock Day Podcast welcomed PSYC Corporation (OTC Pink: PSYC) ("the Company"), a company integrating media, creativity, and technology to develop and deploy thought-provoking ideas and solutions that are fostering and transforming the approach to some of society's most pressing matters. CEO of the Company, David Flores, joined Stock Day host Sever Copley.
Copley began the interview by asking about the Company's background and current projects. "At PSYC Corporation, we consider ourselves the multimedia leader for the emerging psychedelic space," explained Flores. "We have established that reputation through our 100% owned and operated media platform, Pyschedelicspotlight.com, which has become one of the top-ranking sources for news, information, and resources surrounding the psychedelic space and industry."
Copley then asked about how the Company has faced the recent challenges of the psychedelic industry. Flores discussed the difficulties facing companies within the OTC Market, especially those within the psychedelic sector. "We continue to move forward with the process of expanding," said Flores. "In the past few months, we have actually had more success than we've had in any period over the past two years," he shared, before discussing the Company's recently announced equity-based financing deal for $350,000.
"That financing deal was a big part of one of our top objectives coming into 2022, which is moving away from debt-based financing and looking at more equity-based financing," continued Flores. "We hope this will put us in a more effective position to start looking at potential acquisition opportunities," he said. "We expect that to be a much more prominent part of our process moving forward."
"We also recently announced the launch of our wholly-owned subsidiary, Spotlight Media Corporation," shared Flores. "The intent is to put all of our media assets into the wholly-owned subsidiary," he added. "Our focus right now is to diversify our ability to expand on our media assets," said Flores. "That is going to be a big part of the focus going into the second half of the year."
"How encouraged do you remain over the long-term potential of the psychedelic industry?" asked Copley. "We remain very encouraged," said Flores. "We knew we were going to be in this for the long haul, so we adopted this marathon vs. sprint mentality in terms of how we were going to grow," he explained. "We're here and we continue to grow our audience," said Flores. "The general public is still very much excited and intrigued by psychedelics, otherwise we would not be seeing our audience continuing to grow on a month-over-month basis."
Copley then asked about the significance of the Company's collaboration with the Spore Group. "We have identified an opportunity where we could take the Spore Group's knowledge and expertise in putting together events and conferences, and combine that with the platform that we have with Psychedelic Spotlight and our ability to create high-quality, engaging, top-tier content," said Flores.
"We're in that together to pull off what we expect to be leading events here in the psychedelic space," he continued, adding that the first event will take place on June 24th. "We absolutely expect to explore other collaborations and partnership opportunities that might be out there."
To hear the entire interview with David Flores, follow the link to the podcast here: https://audioboom.com/posts/8095165-psyc-corporation-discusses-launch-of-spotlight-media-corporation-and-spore-group-collaboration-wi.
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About PSYC Corporation (OTC Pink: PSYC)
At PSYC Corporation we are integrating media, creativity, and technology to develop and deploy thought-provoking ideas and solutions that are fostering and transforming the approach to some of society's most pressing matters.
PSYC has expressed its intent and commitment to positioning itself at the forefront of the psychedelic revolution and as a resource center for discovering and understanding the latest research and business opportunities surrounding psychedelic inspired medicines. In conjunction with the FDA's more open-minded approach to psychedelic medicines, and as several major U.S. cities continue to approve the decriminalization of psilocybin, we believe investors are speculating that the psychedelic boom could be bigger than that of cannabis. PSYC is your source for current investment related news specific to psychedelic medicines and cutting-edge research improving overall health, moving this sector into the mainstream.
We are dedicated to a forward-thinking approach that embraces groundbreaking new technology and innovations and through the vision of business development we intend to continue to evolve into these unchartered territories as the industry leaders of the future.
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
(702) 761-6716
info@psyccorporation.com
(OTC Pink: PSYC)
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SOURCE:
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