Toronto, Ontario–(Newsfile Corp. – August 24, 2022) – QYOU Media Inc., (TSXV: QYOU) (OTCQB: QYOUF) (“QYOU”, “us”, “we” or the “Company”) is pleased to announce that, subject to regulatory approval, it has engaged RedChip Companies, Inc. (“RedChip”) for a period of one year to provide investor relations services, including development and design of press releases and website content and the design and implementation of digital multimedia content on select investor and financial markets focused websites, television, print media and other digital media. RedChip will include the company in its own weekly newsletters, marketing activities, social media platforms and TV airtime.
The cash consideration to be paid by the Company for these services is US$15,000 per month beginning August 24, 2022 and will increase to US$17,500 beginning with the next billing cycle immediately following the completion of a cross listing. common stock of the Company listed on a leading US stock exchange, if any.
RedChip acts at arm’s length from the Company and currently has no ownership interest, direct or indirect, in the Company or its securities. RedChip may elect to acquire securities of the Company in the future.
About RedChip Companies, Inc.
RedChip Companies, Inc. is an international investor relations, media and research firm focused on micro and small capitalization companies. For 30 years, RedChip has delivered concrete and measurable results to its customers. Its newsletter, the RedChip Money Report, is distributed weekly online to 60,000 investors. RedChip has developed the industry’s most comprehensive service platform for micro and small caps. These services include: a global distribution network for its title searches; commercial and institutional roadshows in major American cities; outbound marketing to stockbrokers, RIAs, institutions and family offices; a digital investor relations platform that has generated millions of unique investor views; webinars and group calls for investors; a television program, “The RedChip Money Report”, broadcast weekly on Bloomberg US; television advertisements in local and national markets; corporate and product videos; website design; and traditional investor relations services, which include writing press releases, developing investor presentations, writing quarterly conference call scripts, strategic consulting, capital raising, and more.
To learn more about RedChip’s products and services, please visit: https://www.redchip.com/corporate/investor_relations
About QYOU Media
QYOU Media operates in India and the United States, producing and distributing content created by stars and creators of social media and digital content. In India, through our flagship brand, The Q and the recent launch The Q Maratha and The Q Kahaniyan, we curate, produce and distribute premium content, including TV networks and VOD for cable and satellite TV, OTT, mobile, smart TV and app-based platforms. Our India-based influencer marketing division, Chtrbox, is among the leading influencer marketing platforms in India connecting brands and social media influencers. In the United States, we create and manage influencer marketing campaigns for major movie studios, game publishers and brands. Founded and created by industry veterans from Lionsgate, MTV, Disney and Sony, QYOU Media’s millennial and Gen Z-focused content reaches over 1 billion consumers worldwide every month. Discover our work at www.qyoumedia.com and www.theq.tv.
Forward-looking statements
This press release contains certain forward-looking statements within the meaning of applicable securities laws. Words such as “expects”, “anticipates” and “intends” or similar expressions are intended to identify forward-looking statements. Forward-looking statements contained herein may include, but are not limited to, information regarding the Company’s ongoing relationship with RedChip. These statements are based on numerous assumptions regarding the Company’s business and investor relations strategies that are believed by management to be reasonable under the circumstances, and are subject to a number of risks and uncertainties, including including, without limitation: regulatory approval processes; difficulties in attracting and retaining qualified personnel; volatility in financial markets and economic conditions; and other risks described in the Company’s continuous disclosure documents. Additional risks and uncertainties regarding QYOU Media are described in its publicly available disclosure documents filed by QYOU Media on SEDAR (www.sedar.com) except as updated herein. The forward-looking statements contained in this press release represent QYOU Media’s expectations as of the date of this press release, or as of the date on which they are otherwise indicated, and subsequent events may cause these expectations to change. QYOU Media undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
For more information, contact:
QYOU Media: acteur@qyoutv.com or Nicole Kotyk at 647-693-7380.
RedChip Companies, Inc.: Dave Gentry at 1-800-RED-CHIP (733-2447) or 407-491-4498 or QYOUF@redchip.com.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134769
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