Welcome to our dedicated page for PSYC CORPORATION news (Ticker: PSYC), a resource for investors and traders seeking the latest updates and insights on PSYC CORPORATION stock.
PSYC Corporation, traded under the symbol PSYC in the OTC Pink Market, is a leading player in the mental health and wellness industry. The company focuses on innovative solutions and technologies to address mental health issues, offering a range of products and services. With a strong emphasis on research and development, PSYC Corporation is committed to improving the quality of mental healthcare globally.
PSYC Corporation provided an update on its joint venture with Digital Acorn Ltd. for the development of the PsycheDev digital mental health platform. Launched in Q4 2021, the partnership aims to enhance mental health technology by integrating emerging insights from the psychedelic sector.
CEO David Flores emphasized a deliberate approach to development, prioritizing community and education. The reimagined concept, Psychedelic Hospitality, aims to meet evolving consumer needs in digital mental health without rushing to market. This venture is characterized as low cost and high reward.
PSYC Corporation (OTCPink: PSYC) announced that its $125,000 investment in The Conscious Fund's portfolio has yielded an unrealized gain of nearly 30% as of June 2022. The company is finalizing its 2021 financials, incorporating this positive investment performance. CFO Craig Schlesinger highlighted the strategic importance of this investment, emphasizing its resilience amid market challenges. CEO David Flores expressed optimism regarding the long-term potential of the medicinal psychedelic sector, aiming to maximize shareholder value through such strategic investments.
PSYC Corporation (OTCPink: PSYC) has announced the 5th episode of their talk show, Spotlight In Focus, featuring Bob Parsons, the founder of GoDaddy. The interview discusses Parsons' journey with psychedelic-assisted therapy for PTSD, stemming from his military service in Vietnam. The episode also showcases Radiance Wellness in St. Louis, highlighting ketamine therapy for various mental health issues. CEO David Flores expressed optimism about the psychedelic sector and its potential for healing and societal change.
PSYC Corporation (OTCPink: PSYC) has surpassed a significant milestone with over 1.1 million page views on its Psychedelic Spotlight platform for May 2022. This achievement includes nearly 100,000 organic visits and 1.2 million total impressions. CEO David Flores emphasized the importance of building an authentic audience, while Marketing Director Maria Holyanova noted the growing public interest in psychedelics. The company aims to maintain this momentum as it expands into the psychedelic lifestyle sector and seeks to optimize monetization strategies.
PSYC Corporation (OTCPink: PSYC) announces a partnership with The Spore Group (TSG) to develop educational events in the psychedelic sector. This collaboration aims to produce industry-leading conferences, starting with 'Sol Pschedelphia' on June 24, 2022. PSYC will leverage its media expertise to promote TSG events, creating opportunities for both companies to enhance community engagement and share resources. CEO David Flores emphasized the potential for growth in the psychedelic space, highlighting the need for accessible healing options. The partnership seeks to address challenges in the psychedelic industry and foster grassroots movements.
PSYC Corporation (OTCPink: PSYC) has commenced the audit of its 2021 financials after successfully completing the 2020 audit. The company aims to maintain fully audited financial statements quarterly, advancing its goal of potential uplisting to the OTCQB. The audit is conducted by M&K CPAS, PLLC, with CEO David Flores stating that this step reinforces PSYC's commitment to transparency and credibility for shareholders. CFO Craig Schlesinger emphasized the importance of current SEC reporting for trust-building and long-term value creation, especially in the growing psychedelic market.
PSYC Corporation (OTCPink: PSYC) announced record-breaking metrics for its Psychedelic Spotlight platform, achieving over 750K page views and 1MM impressions in March 2022, marking its most successful month since launch. This growth indicates a rising public interest in psychedelics, despite challenges in the sector. CEO David Flores emphasized the importance of establishing credibility in this emerging field, while Director Maria Holyanova highlighted the effectiveness of their growth strategy. PSYC aims to position itself as a leader in providing information on psychedelic research and business opportunities.
PSYC Corporation (OTCPink: PSYC) has announced the addition of three new leaders to its subsidiary, Spotlight Media Corporation, enhancing its Psychedelic Spotlight platform. Sacha G. Hebbert, an Executive Sales and Marketing Consultant, aims to refine monetization strategies. Robin Divine, founder of Black People Trip, will focus on diversity and inclusion initiatives. Brad Schlesinger, Esq., brings legal expertise in drug policy and civil liberties. This leadership expansion aligns with PSYC's commitment to advancing the psychedelic sector and fostering community engagement.
PSYC Corporation (OTCPink: PSYC) has successfully secured $350,000 in equity-based financing by selling 17,500,000 shares at $0.02 per share. The investment, made by accredited investor Trent Sullivan, includes options for additional shares. CEO David Flores expressed gratitude for the investment, which will support initiatives like the audit of 2021 financials and expanding monetization strategies for Psychedelic Spotlight. CFO Craig Schlesinger noted the company's resilience in navigating challenging market conditions and emphasized a commitment to long-term growth.
PSYC Corporation (OTCPink: PSYC) has successfully completed the audit of its 2020 financials, now publicly available on OTC markets. CEO David Flores emphasized this achievement as a pivotal step towards enhancing credibility and transparency for shareholders. The company is focused on establishing reliable revenue sources and diversifying assets to potentially uplist off the pink sheets. An advisor stated that completing the audit accelerates their path toward a fully SEC-reporting status and increases public market visibility, ultimately benefiting shareholders.
FAQ
What is the current stock price of PSYC CORPORATION (PSYC)?
What is the market cap of PSYC CORPORATION (PSYC)?
What is the primary focus of PSYC Corporation?
In which market is PSYC Corporation traded?
What sets PSYC Corporation apart in the mental health industry?
How does PSYC Corporation contribute to improving mental healthcare globally?
What is the contact information for PSYC Corporation?
What is the vision of PSYC Corporation?
What are some of the recent achievements of PSYC Corporation?
How does PSYC Corporation stay ahead in the industry?
What can investors expect from PSYC Corporation?