PSYC Corp. Acquires Stock Day Media, Talks Scalability and Revenue Generation on The Stock Day Podcast
PHOENIX, AZ / ACCESSWIRE / September 21, 2023 / PSYC Corp. (OTC Pink Market:PSYC)("the Company"), a multimedia holding company and leading media authority for emerging industries such as medicinal psychedelics, recently announced the acquisition of …
PHOENIX, AZ / ACCESSWIRE / September 21, 2023 / PSYC Corp. (OTC Pink Market:PSYC)("the Company"), a multimedia holding company and leading media authority for emerging industries such as medicinal psychedelics, recently announced the acquisition of Stock Day Media, one of the fastest growing media outlets for Nano-Cap and Micro-Cap companies. On the Stock Day Podcast, CEO of the Company, David Flores, joined host Matthew Dunehoo to discuss the acquisition and the Company's plans for expansion.
"We're very excited overall about the acquisition here of Stock Day Media," said PSYC Corp. CEO, David Flores. "You know, I've been a proud guest on the Stock Day Podcast for over three years now, really since I took over as CEO of PSYC Corp. back in the summer of 2020." Flores went on to explain why Stock Day was a great fit for the Company. "Stock Day has done a great job with developing a platform that really does help CEOs and companies amplify their messaging," said Flores. "With Stock Day, we have the opportunity to bring in a media asset that is revenue generating. They've been consistently doing north of $200,000 a year in gross annual revenue earnings for the last several years and some of their best years have resulted in revenues of around half a million dollars."
In addition to the Stock Day Media acquisition, Flores highlighted other strategic moves made by PSYC Corp. to diversify its media holdings, including its strategic partnership with Target Media
and the acquisitions of Technical420 and On The Bids, which closed in September of last year. "We are building each of these media platforms so that we can establish a diversified revenue stream
here for the company that will ultimately contribute to the bottom line and help
us with our objective of strengthening our balance sheet," explained Flores.
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The acquisition of Stock Day Media is another major step forward for PSYC Corp. and its wholly-owned subsidiary, Spotlight Media Corporation, representing a scalable revenue-generating asset. With the addition of Stock Day Media, PSYC Corp. is further positioned to become a major player in the media industry. The Company is looking forward to leveraging the platform to expand its reach and further its mission of providing quality content to its growing