Caduceus Announces $5 Million Distribution Agreement with Phillips Pet Food & Supplies
Caduceus Software Systems Corp. (OTC PINK:CSOC) announced an exclusive distribution agreement with Phillips Pet Food & Supplies, valued at USD 5 million. The agreement involves the first delivery of 10 containers of McLovin's products, part of a total order of 100 containers. This represents the largest single item order for McLovin's to date. The company anticipates further bulk orders as it enhances operational capacity to meet demand. A Q&A session is scheduled for September 8, 2021 to discuss McLovin's operations and revenue projections.
- Signed an exclusive distribution agreement with Phillips Pet Food & Supplies valued at USD 5 million.
- First delivery of 10 containers marks the largest order in McLovin's history.
- Expect more bulk orders due to increased operational capacity.
- Positive demand trend for McLovin's products.
- None.
CHEYENNE, WY / ACCESSWIRE / September 1, 2021 / CADUCEUS SOFTWARE SYSTEMS, CORP. (OTC PINK:CSOC) ("Caduceus" or the "Company"), a consumer goods focused holding company and owner of McLovin's Pet Food, Inc. is pleased to announce that it has signed an exclusive distribution agreement with Phillips Pet Food & Supplies.
The agreement calls for the delivery of 100 containers of McLovin's products. The value of the contract is USD 5 Million. Caduceus is pleased to announce that McLovin's is making the first delivery of 10 containers of product for Phillips Pet & Supplies ("Phillips") pursuant to the exclusive distribution agreement announced on June 1st, 2021. Both McLovin's and Phillips are committed to this important and strategic partnership.
This latest shipment is the largest single item order to date received by McLovin's and only represents 1 of out over 37 products in McLovin's portfolio. The Company expects to receive more bulk orders as it continues to ramp up its operational capacity to meet the high demand from its distribution partners.
"After months of intense preparation, we are proud to announce that we are in a position to ramp up the supply operation. We appreciate the patience by our partner Phillips and the trust in our company to handle this important supply agreement. More orders are expected for this product as the demand remains high", said David Ji, CEO of McLovin's Pet.
The Company also wishes to remind shareholders that it will taking part of an upcoming Q&A session. During the live Q&A Discord session, the Company will be further presenting McLovin's operations, developments, and revenue projections.
The Q&A will be taking place on the Company's Discord Channel and hosted by Apollo Assets. We invite investors to attend the Live Questions & Answers event by joining the designated Discord channel. Use this link to join and access the Caduceus / Apollo Assets Discord channel: https://discord.gg/apolloassets
The Q&A will be held on September 8th, 2021, at 6:00 PM Eastern Standard Time
About Caduceus Software Systems, Corp.
Caduceus Software Systems Corp is a Wyoming-based holding company with is wholly owned subsidiary McLovin's, a Pet Food and Pet Care company. The Pet Food and Pet Care market size was USD 207 Billion in 2020 with a stellar growth of
For more information:
OTC Markets: (OTC PINK:CSOC)
Website: https://caduceuscorp.co
Email: info@caduceuscorp.co
Discord: https://discord.gg/apolloassets
Twitter: https://twitter.com/caduceuscorp
About McLovin's Pet Food, Inc
McLovin's, Inc. is a California company specialized in the manufacturing and distribution of quality pet foods. We believe in real food. What you'll find in McLovin's is similar to what you'll find in your own grocery cart. In the case of our premium treats, it starts (and ends) with real beef, chicken and salmon. Our products are developed using responsible sourcing and quality is a key part of every single part of our manufacturing process.
Corporate Website: https://mclovinspetfood.com/
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: Caduceus Software Systems, Corp.
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FAQ
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