Metrics extracted by the Company from
Moreover, according to the Company, some of the more important statistical achievements in May were an increase in direct traffic and returning visitors, as well as improved industry rank, which the Company believes can be attributed to the further establishment of Psychedelic Spotlight as a trusted and recognized source for news and information related to the psychedelic space.
These achievements come as Psychedelic Spotlight celebrated its 3-year launch anniversary in May, and, according to Management, in that time helped to position
“Observing Psychedelic Spotlight’s steady ascent into one of the top 3 statistically performing psychedelic multimedia platforms in the world is, in my opinion, a testament to our ability to successfully follow through with our objectives that we set for PSYC,” said
“I believe that the value on which we remain focused in developing for
Despite the internal and external volatility that this sector has been exposed to over the past couple of years, we managed to find success with continuing to grow our audience and our industry authority while simultaneously putting into place critical building blocks that what we believe are creating a formidable business model for the Company with, what we perceive to be, tremendous revenue generation capabilities.
Currently, as our team continues developing and implementing additional growth strategies for Psychedelic Spotlight and Bonfire, the Board and I are continuing to aggressively pursue and explore the feasibility of new partnerships and other opportunities that are focused on extracting optimal utility from existing assets, providing the Company with a capital structure to help strengthen our balance sheet, and creating an environment conducive to delivering maximum value to our shareholders in the months and years ahead.”
We believe the results speak for themselves, as Psychedelic Spotlight has ascended in both global and industry rankings. In our opinion, this upward trajectory signifies an increase in our authority and recognition within the industry. However, what we think truly sets us apart is the significant growth we witnessed in our direct search traffic. This remarkable surge indicates that our brand is achieving widespread recognition, garnering user loyalty, and establishing a strong brand identity.”
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 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:
Corporate Contact:
www.psyccorporation.com
www.spotlightmediacorp.com
(702) 239-1919
info@psyccorporation.com
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