PsyKey Inc. Announces Fulfillment of Purchase Order for its Functional Mushroom Infused Coffee

Rhea-AI Summary

CeCors, Inc. (OTC PINK: CEOS) announced the successful fulfillment of the first segment of a $50,000 order for its functional mushroom-infused coffee from Union Marketing. This initial delivery includes 900 boxes of coffee pods and marketing materials, marking a significant milestone in CeCors' distribution strategy. With a target of 1% member engagement, the company aims to acquire 7,500 customers, potentially generating nearly $250,000 in monthly revenue. CeCors emphasizes the importance of taste and customer feedback as it expands its brand awareness and distribution.

Positive

• Fulfillment of the first segment of a $50,000 purchase order for functional mushroom-infused coffee.
• Delivery includes 900 boxes of coffee pods, aiding brand awareness.
• Targeting a 1% member engagement from 750,000 members, equating to 7,500 new customers.
• Potential monthly revenue of nearly $250,000 from subscription engagement.
• Partnership with Union Marketing to leverage its network for competitive advantage.

Negative

• None.

CARSON CITY, NV / ACCESSWIRE / July 25, 2022 / CECORS, INC. (OTC PINK:CEOS) ("CeCors," "PsyKey" or the "Company"), through its wholly-owned subsidiary PsyKey Inc. proudly announces the initial segment fulfillment of the $50,000 purchase order of its functional mushroom-infused coffee line from innovative marketing firm Union Marketing.

The initial fulfillment is the first of two segments. It includes the delivery of 900 boxes of PsyKey's four functional mushroom-infused coffee pods and educational, marketing, and branding material.

"The milestone of fulfilling the first segment of this purchase order with Union Marketing is both exciting and an important foundational step for the company. We look forward to a long and mutually beneficial partnership. Distribution is paramount when aggressively scaling a brand. Being strategically partnered with a company whose targeted network consists of over 750,000 engaged members will give us a competitive advantage over others in the functional beverage industry."

"Our first target is to obtain just 1%-member engagement on a monthly subscription program. That equals 7,500 new customers with the potential of nearly $250,000 in monthly revenue. We are confident that the benefits and great flavor of our products, combined with Union Marketing's expertise in subscription-based advertising, will allow us to win over many new and repeat customers. This is the very first stage of growing our distribution, sales, and brand awareness, following the successful launch of our new website and Direct-to-Consumer E-Commerce platform." Said Amar Bhatal, President of PsyKey Inc.

"Not only have we taken tremendous steps to develop multiple functional products, from securing some of the highest quality raw ingredients to strategically partnering with various industry experts, but we have always believed that taste is king. Based on our initial customer feedback, we are confident the team has delivered on its initial promises. In addition, our seasoned sales team is urgently pursuing numerous other distribution channels in Canada and the US. We look forward to updating our valued shareholders in the very near future on all developments." Continued Amar Bhatal, President of PsyKey Inc.

Union Marketing

Union Marketing is a creative marketing firm focused on BRINGING INNOVATION TO UNIONS. We assist unions and associations alike in building successful promotional campaigns and modernizing their communications through innovative products and services.

Unionized since 2013, our staff have a unique understanding of union culture and issues surrounding the labor movement. Through this understanding, we are able to provide clients with the services that are most effective in cultivating a thriving membership.

www.unionmarketing.ca

Shareholders and interested parties are encouraged to follow @PSYKEY on Twitter for all Company updates.

About PsyKey Inc.

PsyKey, Inc. Is an innovative wellness company that specializes in the development and commercialization of mycology-based entheogenic, adaptogenic, and nootropic ingredients and formulations. From functional to psychedelic PsyKey believes in the magic of mushrooms.

As part of our optimal wellness strategy, PsyKey understands the importance of access to support services and healthcare professionals and is engaged in the development of tools that will aid in removing barriers and providing inclusivity.

For further information:

Publicly traded company (OTC PINK: CEOS) Website: www.psykeyworld.com
E-mail: info@psykeyworld.com
Follow us on Twitter: https://twitter.com/PsyKeyworld

Forward-Looking Statements:

Safe Harbour Statement - In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency, and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: CeCors, Inc.

View source version on accesswire.com:
https://www.accesswire.com/709608/PsyKey-Inc-Announces-Fulfillment-of-Purchase-Order-for-its-Functional-Mushroom-Infused-Coffee

FAQ

What is the significance of the $50,000 purchase order announced by CeCors?

The $50,000 purchase order represents a foundational step in CeCors' growth strategy, facilitating initial product distribution and brand awareness.

How many coffee pods were delivered in the initial segment fulfillment?

The initial segment fulfillment included the delivery of 900 boxes of functional mushroom-infused coffee pods.

What revenue potential does CeCors see from its subscription program?

CeCors anticipates acquiring 7,500 new customers, which could generate nearly $250,000 in monthly revenue.

Who is the partner for CeCors' marketing efforts?

CeCors is partnering with Union Marketing, which has a targeted network of over 750,000 engaged members.

What is the stock symbol for CeCors?

CeCors is publicly traded under the stock symbol CEOS.