PSYC - PSYC's Spotlight Media shows a 42% jump in revenue

• PSYC ( OTCPK:PSYC ) to report a 42% increase in revenue from 2022 Q2 to Q3 and other operational highlights through its wholly owned subsidiary Spotlight Media.
• Through a series of strategic transactions with large shareholders, the company was able to effectively consolidate $2.7M of convertible notes.
• Revenue for the quarter exceeded $29.6K;
• Consolidated $2.7M in convertible notes at $0.05/share.
• Acquired assets from Technical420 & SB Partners in accretive $2.25M transaction.
• “The third quarter was very much focused on solidifying a foundation beneath us that has now effectively positioned SMC as a multimedia leader fully capable of dominating this intersection where psychedelics and cannabis will converge for years to come.” said PSYC CEO, David Flores.

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