Toronto, Ontario--(Newsfile Corp. - August 24, 2022) - QYOU Media Inc., (TSXV: QYOU) (OTCQB: QYOUF) ("QYOU," "our," "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 relation services including developing and designing press releases and website content and designing and implementing multimedia digital content on certain investor-focused and financial market websites, TV, print and other digital outlets. 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 consists of US$15,000 per month commencing on August 24, 2022 and shall increase to US$17,500 beginning the next billing cycle immediately following the completion of a cross-listing of the common shares of the Company on a senior United States stock exchange, if any.
RedChip acts at arm's length to the Company and does not currently have any interest, directly or indirectly, in the Company or its securities. RedChip may choose 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 microcap and small-cap companies. For 30 years, RedChip has delivered concrete, measurable results for its clients. Its newsletter, the RedChip Money Report is delivered online weekly to 60,000 investors. RedChip has developed the most comprehensive service platform in the industry for microcap and small-cap companies. These services include the following: a worldwide distribution network for its stock research; retail and institutional roadshows in major U.S. cities; outbound marketing to stock brokers, RIAs, institutions, and family offices; a digital media investor relations platform that has generated millions of unique investor views; investor webinars and group calls; a television show, "The RedChip Money Report," which airs weekly on Bloomberg US; TV commercials in local and national markets; corporate and product videos; website design; and traditional investor relation services, which include press release writing, development of investor presentations, quarterly conference call script writing, 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 social media and digital content stars and creators. In India, via our flagship brand, The Q and the recently launched The Q Marathi and The Q Kahaniyan, we curate, produce and distribute premium content including television networks and VOD for cable and satellite television, OTT, mobile, smart TV's and app based platforms. Our India based influencer marketing division, Chtrbox, is among India's leading influencer marketing platforms connecting brands and social media influencers. In the United States, we create and manage influencer marketing campaigns for major film 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 more than one billion consumers around the world every month. Experience 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. The forward-looking statements contained herein may include, but are not limited to, information concerning the Company's ongoing relationship with RedChip. These statements are based on numerous assumptions regarding the Company's corporate and investor relations strategies that are believed by management to be reasonable in the circumstances, and are subject to a number of risks and uncertainties, including without limitation: regulatory approval processes; challenges in attracting and retaining qualified personnel; volatility in financial markets and economic conditions; and those 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 news release represent QYOU Media's expectations as of the date of this news release, or as of the date they are otherwise stated to be made, 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 may be 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 further information contact:
QYOU Media:shareholder@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 NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134769
