Conservative Broadcast Media & Journalism (OTC:CBMJ) Stock Trends Lower: Here is Why

It continued to be a frenetic day in the stock markets, and plenty of stocks came into sharp focus among investors. One of those was the Conservative Broadcast Media & Journalism Inc. (OTC:CBMJ) stock following a significant new announcement from the company yesterday. Let’s take a look into it.

New Offering

The company hit the headlines yesterday after it announced that Patriot.TV, its fully owned subsidiary unit, was making preparations to launch a shopping channel. The channel in question would be viewable on all Smart TVs in the United States from Samsung.

The channel would be based on ‘Supporting Patriots’, a new hit show currently airing on Patriot.TV. The shopping channel would be on air around the clock and showcase products made in America. The viewers would also have the option of purchasing the products in question from the Patriot.TV store or directly from Samsung TV.

Further Information

The products featured on the channel would encompass almost everything, starting from big items to small ones and from affordable items to luxury ones. However, the products would all be American-made. The company also announced that the aim of the channel was to promote self-reliance. It may be a good move to keep an eye on the stock this morning.

Key Quote

The company’s CEO, Mark Schaftlein, stated that “Creating and launching Supporting Patriots on all Samsung TVs in the US will not only help US-made products gain exposure to consumers who understand how critical it is to purchase domestic products but also expand the reach of the Patriot.TV platform.”