Caduceus Software Systems Corp. Engages PCAOB Auditor to Support OTCQB Uplisting and SEC Reporting
Caduceus Software Systems (OTC:CSOC), parent company of McLovin's Pet, has engaged Integritat CPA, a PCAOB-registered auditor, to conduct a two-year financial audit. This marks a crucial step in the company's strategic plan to uplist from OTCID to OTCQB Venture Market, with ultimate aspirations for the Nasdaq Capital Market.
The company's transformation roadmap includes preparing a Form 10 filing to become fully SEC-reporting, planning an S-1 Registration Statement, implementing a corporate name and ticker change, and pursuing uplisting goals. Meanwhile, McLovin's Pet continues to show strong operational performance with expanding retail presence and year-over-year revenue growth.
Caduceus Software Systems (OTC:CSOC), società madre di McLovin's Pet, ha incaricato Integritat CPA, revisore registrato presso la PCAOB, di eseguire una revisione contabile biennale. Si tratta di una tappa fondamentale nel piano strategico dell'azienda per passare dall'OTCID al OTCQB Venture Market, con l'obiettivo finale di approdare al Nasdaq Capital Market.
La roadmap di trasformazione include la predisposizione di un modulo Form 10 per diventare pienamente conforme alle segnalazioni SEC, la pianificazione di una S-1 Registration Statement, il cambio del nome societario e del ticker e il perseguimento degli obiettivi di uplisting. Nel frattempo, McLovin's Pet mantiene solide performance operative con una presenza retail in espansione e una crescita dei ricavi anno su anno.
Caduceus Software Systems (OTC:CSOC), empresa matriz de McLovin's Pet, ha contratado a Integritat CPA, auditor registrado en la PCAOB, para realizar una auditoría financiera de dos años. Este es un paso clave en el plan estratégico de la compañía para ascender desde OTCID al OTCQB Venture Market, con la meta final de llegar al Nasdaq Capital Market.
La hoja de ruta de transformación contempla preparar un Form 10 para convertirse en emisora que informa plenamente a la SEC, planear una S-1 Registration Statement, implementar un cambio de nombre corporativo y de ticker, y continuar con las metas de uplisting. Mientras tanto, McLovin's Pet sigue mostrando un sólido desempeño operativo, ampliando su presencia minorista y registrando crecimiento de ingresos interanual.
Caduceus Software Systems (OTC:CSOC), McLovin's Pet의 모회사, 는 PCAOB에 등록된 감사법인 Integritat CPA를 선임해 2년간의 재무감사를 실시합니다. 이는 회사가 OTCID에서 OTCQB Venture Market으로 상장단계를 높이고 궁극적으로 Nasdaq Capital Market 진입을 목표로 하는 전략의 중요한 이정표입니다.
전환 로드맵에는 SEC에 완전 보고하는 기업이 되기 위한 Form 10 제출 준비, S-1 Registration Statement 계획, 법인명 및 티커 변경 실시, 그리고 uplisting 추진이 포함됩니다. 한편 McLovin's Pet은 소매 유통 확대와 연간 매출 성장으로 견조한 운영 성과를 이어가고 있습니다.
Caduceus Software Systems (OTC:CSOC), société mère de McLovin's Pet, a engagé Integritat CPA, un auditeur enregistré auprès de la PCAOB, pour réaliser un audit financier sur deux ans. Il s'agit d'une étape cruciale dans le plan stratégique de la société visant à passer de l'OTCID au OTCQB Venture Market, avec pour ambition finale d'accéder au Nasdaq Capital Market.
La feuille de route de transformation prévoit la préparation d'un formulaire Form 10 pour devenir entièrement déclarant auprès de la SEC, la préparation d'une S-1 Registration Statement, la mise en place d'un changement de nom et de ticker, et la poursuite des objectifs d'uplisting. Pendant ce temps, McLovin's Pet continue d'afficher de solides performances opérationnelles, avec une présence retail en expansion et une croissance annuelle du chiffre d'affaires.
Caduceus Software Systems (OTC:CSOC), Muttergesellschaft von McLovin's Pet, hat Integritat CPA, einen bei der PCAOB registrierten Prüfer, beauftragt, ein zweijähriges Finanzaudit durchzuführen. Dies ist ein entscheidender Schritt im strategischen Plan des Unternehmens, vom OTCID in den OTCQB Venture Market aufzusteigen, mit dem langfristigen Ziel einer Notierung am Nasdaq Capital Market.
Der Transformationsfahrplan umfasst die Vorbereitung einer Form 10, um vollständig SEC-berichtspflichtig zu werden, die Planung einer S-1 Registration Statement, die Umsetzung einer Namens- und Tickeränderung sowie die Verfolgung der Uplisting-Ziele. Unterdessen zeigt McLovin's Pet weiterhin eine starke operative Entwicklung mit wachsender Einzelhandelspräsenz und einem jährlichen Umsatzanstieg.
- Engagement of PCAOB-registered auditor demonstrates commitment to financial transparency
- McLovin's Pet brand showing strong sales velocity and retail expansion
- Strategic roadmap in place for uplisting from OTCID to OTCQB and eventually Nasdaq
- Expanding retail presence into thousands of stores nationwide
- Current trading on OTCID indicates lower tier market status
- Future capital raising through S-1 Registration may lead to potential dilution
- Multiple regulatory approvals still needed for uplisting process
Audit Engagement with Integritat CPA Marks Key Step in Strategic Roadmap Toward Nasdaq Capital Market
This engagement represents a critical milestone in CSOC's multi-phase strategy to strengthen financial transparency, upgrade its public company profile, and prepare for uplisting from the OTCID to the OTCQB Venture Market, with a longer-term focus on the Nasdaq Capital Market.
"Engaging a PCAOB auditor is a major step forward in our roadmap," said David Ji, CEO of CSOC. "It underscores our commitment to meeting the highest standards of financial reporting and corporate governance while continuing to expand McLovin's presence as a national pet food brand. These actions are designed to give investors confidence in our progress and vision."
Strategic Roadmap in Motion
The Company's public company transformation plan includes:
- Engagement of Integritat CPA, a PCAOB-registered firm, to conduct two years of financial audits
- Preparation of a Form 10 filing to become fully SEC-reporting under the Securities Exchange Act of 1934
- Planned filing of a S-1 Registration Statement to support future capital market initiatives
- Implementation of a corporate name and ticker symbol change (pending regulatory approval)l
- Uplisting trajectory from OTCID → OTCQB, with a long-term Nasdaq Capital Market target
Operational Momentum Continues
While advancing its audit and public company initiatives, CSOC continues to deliver strong operating results through its subsidiary, McLovin's Pet. The brand is experiencing growing sales velocity, retail expansion into thousands of stores nationwide, and strong year-over-year revenue growth.
"Our retail traction shows that the business fundamentals are moving in lockstep with our capital markets strategy," Ji added. "We are focused on creating long-term value for shareholders by scaling a trusted pet nutrition brand under a transparent and institution-ready public company platform."
About McLovin's Pet
McLovin's Pet is a
Currently available in thousands of retail locations nationwide, McLovin's Pet is one of the fastest-growing brands in the
About Caduceus Software Systems Corp
Caduceus Software Systems Corp. (OTC: CSOC) is a
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Securities Act of 1933, the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements reflect the current views, expectations, and beliefs of Caduceus Software Systems Corp. ("the Company") and its management team regarding future events and the Company's future performance.
Statements that include words such as "anticipates," "believes," "plans," "expects," "intends," "may," "will," "should," "could," "continue," or similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and are subject to significant risks and uncertainties, many of which are beyond the Company's control.
Actual results, performance, or achievements may differ materially from those expressed or implied in these forward-looking statements due to various factors. These may include, but are not limited to: inability to complete or secure anticipated sales or partnerships, lack of sustained revenue growth, client attrition, supply chain disruptions, and changes in market or regulatory environments. The Company undertakes no obligation to revise or update any forward-looking statements except as required by law.
Contact:
- OTC Markets: (OTCID: CSOC)
- Phone: +1 (909) 366-2028
- Website: https://mclovinscorp.co
- Email: info@mclovinscorp.co
- X: https://x.com/mclovinscorp
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SOURCE Caduceus Software Systems Corp. (CSOC)
FAQ
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