I did google search on news and I know what you are talking about. It does come up under several stations but it is just an automatic feed off the news service.
The station itself did not do a report on it as in did not feature it as a story.
When a company puts out a pr it is always picked up by hundreds of news feeds. It's the same for all companies....... The difference is nobody reads these things....... If you go to the l.a. Times and enter a penny stock in their search engine you will get their press releases..... They simply are filling content. They are not reporting on it....