Welcome to our dedicated page for Caduceus Software Sys news (Ticker: CSOC), a resource for investors and traders seeking the latest updates and insights on Caduceus Software Sys stock.
CADUCEUS SOFTWARE SYSTEMS, CORP. (CSOC) provides investors with comprehensive updates on its subsidiary McLovin's Pet, a leader in premium pet nutrition and supplies. This page aggregates official announcements, financial developments, and strategic initiatives shaping the company's position in the $235+ billion global pet care sector.
Access timely updates on distribution partnerships, product innovations, and market expansion efforts. Key coverage includes revenue milestones, retail collaborations like the Trader Joe's alliance, and progress toward long-term growth in emerging pet health segments.
All content is sourced directly from company filings and verified industry reports. Bookmark this page for streamlined tracking of CSOC's performance across wholesale partnerships, e-commerce channels, and sustainable pet food innovations.
Caduceus Software Systems Corp. (OTC PINK: CSOC) announced its plans to enhance eCommerce and online sales for its subsidiary, McLovin's Pet Food. Citing strong online sales growth, the company will expand its eCommerce team and marketing efforts. With pet eCommerce sales projected to grow to US$15.5 billion by 2025, Caduceus aims to capitalize on increasing demand, particularly among millennials and boomers. In 2020, eCommerce sales in the U.S. reached US$211.5 billion, marking a 44.5% increase year-over-year.
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.
Caduceus Software Systems, Corp. (OTC Pink: CSOC) has announced the cancellation of a $1,707,561 convertible note, achieving a key milestone in its debt management strategy. This write-off of unsecured debt follows a settlement agreement with a debtholder and signifies the elimination of liabilities from previous management. CEO Alex Chen highlighted that this strengthens the company's balance sheet and enhances shareholder value. Additionally, the company will participate in a Q&A session on September 8, 2021, to provide insights into its operations and growth prospects.
Caduceus Software Systems Corp. (OTC Pink: CSOC) will host a live Discord Q&A session on September 8, 2021, at 6:00 PM EST for shareholders and prospective investors. The event will be hosted by Apollo Assets and aims to enhance engagement and communication with investors. The company recently showcased its McLovin's Pet Food products at SuperZoo 2021, attracting interest from over 11,000 pet industry professionals. Caduceus operates in the pet food market, projected to grow from USD 207 billion in 2020 to USD 325 billion by 2028.
Caduceus Software Systems Corp. (OTC PINK: CSOC) announced that its subsidiary, McLovin's Pet Food, Inc., is now selling its products on Kroger and Walmart online marketplaces. This marks a significant milestone in reaching major grocery chains, enhancing product visibility to a broad customer base. CEO David Ji expressed enthusiasm about this development and hinted at further agreements with Kroger expected soon. The pet food market is projected to grow from USD 207 billion in 2020 to USD 325 billion by 2028.
Caduceus Software Systems Corp (OTC PINK:CSOC) is set to participate in the SuperZoo 2021 Trade Show from August 17 to 19, 2021, in Las Vegas at the Mandalay Bay Hotel. The company will present its McLovin's Pet Food subsidiary at booth number 1756. CEO Alex Chen emphasizes the trade show as a key opportunity to connect with industry professionals and showcase their products. McLovin's has experienced significant growth, boasting a portfolio of 37 products, with over 90% of these patented. The pet care market is projected to reach USD 325 billion by 2028.
Caduceus Software Systems Corp. (OTC PINK:CSOC) has finalized its acquisition of McLovin's Pet Food as of August 9, 2021. This strategic move positions Caduceus within the lucrative pet food industry projected to reach USD 127.21 billion by 2027. CEO Alex Chen emphasized the commitment to creating shareholder value and the potential for an up listing to Nasdaq. Following the acquisition, McLovin's aims to leverage Caduceus's support to enhance operations and capitalize on growing demand for premium pet products, as evidenced by a 9.7% increase in U.S. pet food sales in 2020.
Caduceus Software Systems Corp (OTC PINK: CSOC) announced the successful completion of a USD 1,620,000 private placement through a convertible promissory note. The note, which is unsecured, has an 8% interest rate and a conversion price of $0.15 per share. This financing aims to enhance the company’s operational capacity as it ventures into the recession-proof Pet Food and Pet Care industry with the acquisition of McLovin's Pet Food, Inc. Additionally, Caduceus has canceled 1.61 billion shares of its common stock and aims to reach 2 billion shares in total cancellations.
Caduceus Software Systems, Corp. (OTC Pink: CSOC) has announced a significant debt restructuring involving the amendment of a USD 1,707,561 Promissory Note, reducing potential share dilution from 1.7 billion shares to 17 million shares. This strategic move is part of their reorganization efforts aimed at protecting shareholder value. In addition, the company has canceled 1,608,000,000 shares this quarter, with a goal of reaching up to 2 billion cancellations. As Caduceus prepares to enter the pet food industry with the acquisition of McLovin's Pet Food, it positions itself in a growing market projected to reach USD 325 billion by 2028.
Caduceus Software Systems Corp. (OTC PINK: CSOC) has achieved OTC Pink Current Status after completing required filings and providing necessary documentation. This status enables the company to finalize its acquisition of McLovin's Pet Food, Inc., a venture into the $207 billion pet food and care market. With expectations to close the acquisition by early July 2021, Caduceus aims to capitalize on a market projected to grow to $325 billion by 2028, indicating a significant opportunity for investors.