That’s Just another PAY-FOR-PR service anyone can use. Not a legitimate PR.
If I wanted to, I could have a release like this saying that this is just a scam, but I’m not gonna waste my money
ENJOY !!
The entity you are likely referring to is Newsfile Corp., not a traditional independent news source. It distributes press releases and regulatory filings for companies, stock exchanges, and law firms to financial and media outlets such as Reuters, Bloomberg, and Yahoo! Finance.
Therefore, content originating directly from Newsfile Corp. is a company's press release or regulatory filing, not an objective, independently reported news story.
Key Points
Service Provider, Not Newsroom: Newsfile acts as a conduit for information that companies want to make public, often for regulatory compliance reasons.
Content Origin: The content it distributes is provided by its clients, not generated by independent journalists.
Legitimacy: As a business providing a specific service, Newsfile Corp. itself is a legitimate, established company.
Verification Needed: When consuming "news" from a press release, the information should be independently verified by reputable news organizations (like the Associated Press or Reuters) for objective facts and lack of bias.
Scams have been using these services for decades. Because gullible investors will believe anything.
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