POWDER SPRINGS, GA, Aug. 31, 2023 (GLOBE NEWSWIRE) —
via NewMediaWire – CBMJ Inc. Conservative Broadcast Media & Journalism (OTC:CBMJ) today announced that it has agreed to purchase American Media Periscope (AMPNews) for $2.25 million dollars, solidifying the combination of two powerhouse “new media” companies in the patriot media world.
The acquisition of AMPNews is expected to generate revenues of $3,000,000 for the 2023 year. Under the terms of the LOI, CBMJ will issue a $2.0M non-interest bearing note payable over 5 years and issue 2.5M shares of Restricted Common stock.
At a time when mainstream media and factcheckers are suppressing and cancelling the information Americans have access to, groups like CBMJ and AMPNews are encouraging and fighting for freedom of speech and freedom of the press. Now, more than ever, we need to…
