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Caduceus Shares Up Listing, Corporate & Operational Update

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Caduceus Software Systems Corp. (OTC PINK:CSOC) has announced plans for significant corporate changes, including a name and ticker symbol change, a new corporate presentation, and website, alongside engaging a capital markets advisory firm and PCAOB auditors. These initiatives are aimed at achieving up listing and transitioning to a fully reporting status, enhancing its operational efficiency. Additionally, its subsidiary, McLovin's Pet Food, is set to launch new dog meal products and an eCommerce subscription model in the upcoming quarter, driven by growing product demand.

Positive
  • Plans to change name and ticker symbol to better align with future goals.
  • Engagement of capital markets advisory firm and PCAOB auditors to assist in financial audits for up listing.
  • Launch of new dog meal products and an eCommerce subscription model by McLovin's Pet Food, expected to boost revenue.
Negative
  • None.

CHEYENNE, WY / ACCESSWIRE / April 13, 2022 / 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 provide its shareholders with an up listing, corporate and operational update.

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The Company wishes to announce the following planned corporate actions slated to be completed in the first fiscal quarter of this year (April to June 2022):

  • Name & ticker Symbol change,
  • New corporate presentation & investor deck,
  • New corporate website,
  • Engagement of capital & up listing advisory firm,
  • Engagement of PCAOB auditors.

The Company is actively pursuing several corporate actions aligned with its goal to become a fully reporting and subsequently a Nasdaq listed issuer. To that end, the Company has begun the process of rebranding and aligning its corporate identity. Pending regulatory approval, the Company plans to complete name and ticker symbol change in the current quarter ending in June 2022.

Concurrently, Caduceus is working on updating its corporate presentation and investor deck to reflect the recent developments that have taken place both with Caduceus as well as its subsidiary McLovin's.

Lastly, the company plans to engage a capital markets & up listing advisory firm and a PCAOB auditor to assist the Company in auditing and preparing its financials for its planned up listing.

The Company also wishes to share some of the upcoming planned developments of its subsidiary McLovin's Pet Food:

  • New dog meal products launch,
  • New eCommerce & membership subscription model launch.

McLovin's will be expanding its product portfolio with the launch of new dog meal products in tandem with the deployment of the eCommerce which is expected be completed during the current quarter. McLovin's will begin offering a membership subscription model alongside its eCommerce platform.

Alex Chen, Chief Executive Officer, and Director of Caduceus stated: "The team has expanded in recent months, but we remain as busy. Demand for McLovin's products continues to increase substantially. We are very positive about our outlook for the upcoming year, and we firmly believe we will continue to both create shareholder value and make the lives of pet families better."

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 28.11%. The industry is expected to grow to USD 325 Billion in 2028 at a CAGR of 5.6%. The Pet Food and Pet Care products include food, hygiene, toys, and other accessories. The Company is traded on the OTC Markets under the trading symbol" CSOC".

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 Pet Food, Inc. is a California company specialized on the manufacturing and distribution of quality pet foods. At McLovin's Pet Food, our natural freeze-dried raw treats are made using only the freshest ingredients, responsibly sourced from farmers, ranchers, and fishermen we know and trust. McLovin's never adds hormones, antibiotics, or anything artificial. Our science-based approach to premium, biologically appropriate raw nutrition supports your pet's overall health and well-being.

Corporate Website: https://mclovinspet.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.



View source version on accesswire.com:
https://www.accesswire.com/697174/Caduceus-Shares-Up-Listing-Corporate-Operational-Update

FAQ

What are the planned corporate actions for Caduceus (CSOC) in 2022?

Caduceus plans to change its name and ticker symbol, update its corporate presentation and website, and engage a capital markets advisory firm and PCAOB auditors.

When is the new eCommerce platform and membership subscription model for McLovin's scheduled to launch?

The new eCommerce platform and membership subscription model for McLovin's are expected to launch during the current quarter, ending in June 2022.

What are the growth expectations for the pet food market mentioned in the Caduceus PR?

The pet food and pet care market is projected to grow from USD 207 billion in 2020 to USD 325 billion by 2028, reflecting a CAGR of 5.6%.

What is the significance of Caduceus engaging PCAOB auditors?

Engaging PCAOB auditors is crucial for Caduceus as it prepares to become a fully reporting company and pursue an up listing.

How does Caduceus plan to enhance shareholder value?

Caduceus aims to enhance shareholder value through rebranding, corporate updates, and expanding product offerings in its subsidiary McLovin's.

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