CBMJ to Purchase American Media Periscope (AMPNews) Combining New Media Patriot Powerhouses

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[{"type":"text","content":"\n 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 support independent journalists and new media. With the asset purchase of AMPNews by CBMJ, Americans can invest in a publicly traded patriot media company for the first time.  Conservative Broadcast Media & Journalism is publicly traded under the symbol CBMJ.Floyd Brown, a Director of CBMJ, has a reputation for growing formidable Conservative companies such as The Western Journal, a digital news publication upholding traditional Christian values, and Citizens United, which grew to become one of America’s most influential citizens organizations under Brown. \"Conservative Broadcast Media Journalism (CBMJ) is acquiring conservative and Christian new media firms to build scale to compete with the massive publicly traded fake news conglomerates. Only by working together will conservatives be able to reach their growing audiences with daily commentary and news. As tech suppression grows, the challenges grow and the opportunity grows. This is the start of something huge,\" says Floyd Brown, Director of CBMJ. Mark Schaftlein, CEO of both Conservative Broadcast Media & Journalism and Capital Consulting Inc. says, \"We are delighted to have signed the LOI with AMPNews and at closing they will become part of our voice.  While censorship is everywhere, AMPNews has gained a following by spreading Conservative Christian values through their distribution platform.\"   John Michael Chambers, the Founder of AMPNews&...

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