PSYC Corporation Releases Transparent Podcast on Current Business Challenges in Psychedelics Industry

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LAS VEGAS, NV, Jan. 05, 2024 – PSYC Corporation (OTC Pink Market: PSYC) (PSYC, PSYC Corp or the Company) has released a new video podcast featuring CEO David Flores, providing shareholders with a detailed update on the state of the company. The recording, hosted by Psychedelic Spotlight Director and Producer Matthew Dunehoo, delves into the challenges and uncertainties that PSYC is currently facing as it navigates the multimedia-focused psychedelics industry.

In the 30+ minute conversation, Mr. Flores candidly discusses the obstacles the company is encountering and emphasizes the importance of transparency. He acknowledges the frustration of shareholders regarding the lack of communication in recent months but assures them that the board is diligently assessing various options to protect the company, employees, shareholders, and partners.

However, Mr. Flores cautions that no final decisions regarding the future operations of PSYC have been made at this time. He urges shareholders and interested parties to view the recording for informational purposes only, emphasizing the speculative nature of some of the information and opinions shared.

The released podcast aims to shed light on the challenges faced by PSYC in recent years and the value developed through Psychedelic Spotlight. Mr. Flores stresses the need for accurate and detailed updates given the critical juncture the company finds itself in.

Shareholders and interested individuals can access the podcast recording through the provided link, and the company plans to provide additional updates as more information becomes available.

PSYC Corporation is a leading multimedia company in emerging market sectors such as medicinal psychedelics and cannabis. Through its wholly owned subsidiary, Spotlight Media Corporation (SMC), PSYC owns and operates various multimedia platforms that cover areas such as psychedelic-assisted healing and the cannabis and mining industries. SMC’s service-focused media platforms, including Psychedelic Spotlight, Technical 420, On the Bids, and Mushroom Stocks, have become valuable resources for individuals following these sectors.

It is important to note that the information presented in the podcast and this press release should not be construed as an offer to buy or sell securities. The press release contains forward-looking statements and should be considered along with the company’s filings on the OTC Markets.com website. Any forward-looking statements are subject to risks, uncertainty, and other factors that may cause actual results to differ from those expressed or implied.

For further inquiries or direct communication with CEO David Flores, interested individuals can email him at david@psyccorp.com.

With the release of this podcast, PSYC aims to provide shareholders and interested parties with a comprehensive understanding of the challenges and uncertainties the company currently faces. By prioritizing transparency and communication, PSYC hopes to find viable solutions that will protect the best interests of all stakeholders moving forward.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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