PSYC’s Psychedelic Spotlight
Closes Strong Q1 With New KPI Records in March
LAS VEGAS, NV -- April 5, 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 that its Psychedelic
Spotlight multimedia platform recorded its most successful KPI
month-to-date in March, further demonstrating its development and
emergence into a leading authority for the expanding psychedelics
market sector and community.
Notable statistical highlights from March that were recorded and
observed from Google Analytics include Psychedelic Spotlight
earning more than 1.3M page views, exceeding its previous high
watermark of 1.1M page views; more than 3.8M total impressions;
well over 240K organic visitors to the site, representing a 46%
increase from the previous month, and an increase of over 30% in
page views since Psychedelic Spotlight first hit the 1M page view
milestone eleven months ago in May
2022.
These healthy statical-performing months come just two months
after a series of strategic updates to its operating model
implemented by Management. The expressed intent of which is focused
on accelerating the growth of the platform from a KPI perspective
under a leaner, streamlined operating model with a keen eye on
earning maximum market share within a continuously evolving
psychedelics marketplace.
“I think it's important to reiterate that Psychedelic Spotlight
is at the core of the value we are focused on building for PSYC
both here and now, and in the long-term,” said PSYC CEO, David
Flores.
“From our perspective, much of this relies heavily on the
establishment of Psychedelic Spotlight into the premiere news,
information, and resource authority for all things psychedelics. We
began the year with a fresh, realigned growth strategy for the
platform that emphasized the element of accomplishing more with
less without sacrificing the quality of our content that our loyal
viewers, listeners, and readers come to expect from us. In that
context, the KPIs generated by Psychedelic Spotlight last month
are, we believe, an emphatic statement regarding both our strategy
and our team’s ability to achieve new milestones efficiently and
effectively despite challenging initiatives and turbulent
sector and macroeconomic headwinds. Successfully overcoming these
odds is one of several essential reasons why we’re confident in our
team’s ability to continue to follow through on our objective of
being the multimedia platform that owns the majority of market
share in this growing space.
Some of what we plan to share in the weeks and months ahead will
help illustrate and clarify the revenue model we’re developing for
PSYC and exactly how and why Psychedelic Spotlight’s increasing
market share will play a vital role in maximizing near and
long-term monetization. From consumer-facing opportunities to B2B,
we are truly committed to leveraging Psychedelic Spotlight’s
presence and authority to build a powerful revenue model that is
every bit as reasonable as it is attainable for a media-focused
company such as PSYC.”
Psychedelic Spotlight Executive Director of Marketing, Maria
Holyanova, applauded the platform's monthly performance.
"Psychedelic Spotlight realized significant organic growth as a
result of our lean, efficient team executing their strategies in
real-time and doing more with less. In a matter of weeks, we
managed to propel ourselves up the ranks on Google Search and
News—attesting not only our ability to take quick action and make
on the fly adjustments, but also demonstrating the commitment from
everyone involved solidifying us as an authority in psychedelic
media coverage while simultaneously executing our content strategy.
Psychedelic Spotlight continues to present psychedelic culture,
policy, research, and industry news in a captivating manner without
sacrificing integrity. I'm beyond proud of what we’ve achieved so
rapidly; this is a pure example of our team's capacity to execute
while the psychedelic industry is undergoing trying times."
PSYC Chief Branding Officer (“CBO”), Sacha G. Hebbert concluded
with the following: “From an operational standpoint, we made
significant adjustments to lower our burn rate while doubling down
on the media content our core audience is demanding to consume. In
tandem with operating a lean media machine, we've reached the
farthest corners of burgeoning interests and adjacent
psychographics, where we see a convergence in alternative healing
modalities and psychedelics. We know who our current and future
content consumers are; that understanding is our leverage.”
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 Bonfire, a
community-focused, 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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