PSYC
Appoints COO for Wholly Owned Subsidiary, Spotlight Media
Corp.
LAS VEGAS, NV -- August 17, 2022 --
InvestorsHub NewsWire -- PSYC Corporation (OTCPink:
PSYC) ("PSYC" or the "Company"), a multimedia leader focused on
the emerging psychedelic and cannabis sectors, is proud to announce
the appointment of Sacha G. Hebbert as Chief Operating Officer of
the Company's wholly owned subsidiary, Spotlight Media Corporation,
("SMC") along with the official launch of SMC's new corporate
website, www.spotlightmediacorp.com.
PSYC incorporated and launched SMC
earlier this year with the intent of establishing the company into
a hub for its media-focused assets like Psychedelic Spotlight,
along with its ownership interest in Bonfire (f/k/a "PsycheDev").
By compartmentalizing these assets, the Company believes it will
enhance its ability to nurture and grow each of them more
effectively. Over the long-term, the Company expects the
transaction to ultimately prove to be advantageous in facilitating
accretive acquisitions for PSYC at the parent level, including
yesterday's announcement of the Technical420 MOU.
Ms. Hebbert, who joined the Company
in April of this year as a seasoned Executive Sales and Marketing
Consultant, has, according to Management, been instrumental in
refining the sales, marketing, and monetization strategies for
Psychedelic Spotlight. Additionally, she played an active role
alongside PSYC's Executive Management team developing the core
business fundamentals for SMC in preparation for its official
launch as an end-to-end media production company for
forward-thinking brands operating in emerging markets such as
psychedelics, cannabis, and holistic living.
As COO of SMC, Ms. Hebbert will be
drawing upon her 10+ years of Content Marketing and Management
experience to oversee the day-to-day operations of SMC, while
simultaneously helping develop it into a formidable,
value-producing, media production company that will aim to dominate
the newly converging and growing intersection of psychedelics,
cannabis, and holistic living.
"We are truly fortunate to officially
welcome such a talented, experienced, and passionate force into the
PSYC family," said PSYC CEO, David Flores. "Having had the
privilege of working with Ms. Hebbert over the past several months,
it became quite apparent that her business savvy, leadership
skills, and ferocious drive for success would be valuable assets to
the Company. With yesterday's announcement of Spotlight Media
entering into an MOU to acquire certain assets of SB Partners, LLC,
that include, but are not limited to, MushroomStocks.com
OnTheBids.com, and Technical420.com, I believe we are entering a
pivotal, yet incredibly exciting phase of development for PSYC and
Spotlight Media. I have full faith in Ms. Hebbert's leadership
capabilities and am confident she'll be instrumental in helping us
extract maximum value from each of our media assets and adding to
Spotlight Media's arsenal."
"Spotlight Media is boldly branching
into adjacent markets to psychedelics and cannabis and understands
the surprising lack of unique and meaningful media coverage in the
booming wellness sector," said SMC COO, Sacha Hebbert. "With a
balanced approach to managing talent and spearheading our future
media endeavors, I seek to make Spotlight Media a relevant culture
driver in the psychedelic, cannabis, and disruptive healing
modality marketplaces. My focus will be to integrate our media
assets and hone in on what our growing audiences genuinely care
about, while guiding our media partners to new market segments and
opportunities."
In addition to Ms. Hebbert's COO
appointment, the Company is also pleased to announce that the
official website for SMC is now live and can be found at:
www.spotlightmediacorp.com. The Company plans to leverage the site
to help showcase its suite of media production services offered
through SMC.
PSYC CFO Craig Schlesinger concluded,
"Sacha Hebbert stepping into the role of SMC's Operations Chief
provides PSYC's executive team with much needed seasoning,
continuity, and confidence. She is laser focused on executing SMC's
fundamental strategy to maximize revenue by increasing brand
awareness and loyalty. With both the cannabis and psychedelic
sectors beginning to recover, the timing of Sacha's appointment is
optimal to strategically leveraging SMC's brands. Heading into Q4
we expect reasonable, external catalysts from ballot initiatives,
clinical trials, and market tailwinds to drive the renewed demand
surge for psychedelic and cannabis content and its nexus with
mindfulness, wellness, and holistic living. We're excited for Ms.
Hebbert to take the reins of SMC as Team PSYC enters another
exciting chapter of future growth and scale that will ultimately
reward our loyal shareholders, team members, and communities we
serve."
About PSYC Corporation (OTCPink:
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.
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. At
present time, SMC operates as a multimedia service company for the
medicinal psychedelic industry through Psychedelic Spotlight in
addition to the developing community-based platform, Bonfire (f/k/a
"PsycheDev"). However, management intends, but cannot guarantee the
success or profitability, that the business plan for SMC is to potentially expand
beyond the medicinal psychedelic industry by way of other
multimedia-related opportunities within other niche-style
industries like cannabis, health and wellness, and sports such
that
SMC can make use of the
audience it is establishing, across its
platforms for cross-promotional opportunities and with the intent
of developing a network of interconnected media-focused
platforms.
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) 330-0363
info@psyccorporation.com
OTCPINK: PSYC
