Cheney, WI/Accesswire/November 23, 2021 / CADUCEUS Software Systems, CORP. (OTC Pink: CSOC) (“Caduceus“ or ‘the company’“), a consumer-focused holding company and owner of McLovin’s Pet Food, Inc. Its wholly owned subsidiary reported sales of $1.17 million for the fourth quarter. The company would also like to announce that it has received additional funding of $2.5 million.
During the last quarter ending September 30thNSIn 2021, the company’s wholly owned subsidiary, McLovin, reported revenue of 1.17 million representing over 500% growth over the prior quarter. The increase in sales is due in large part to new distribution agreements that the company recently announced.
After the end of the last quarter, the company also received additional financing of $2.5 million
“We have the ongoing support of our investors and supporters who see the motivation of our team and believe in our ability to implement our plans to create shareholder value. Our fourth-quarter revenue is up more than 500% from previous quarters. Recent distribution agreements and business development have already shown results and we are very optimistic about our sales growth. “, Alex Chen, CEO of Caduceus Software Systems, Inc.
About Caduceus Software Systems, Corp.
Caduceus Software Systems Corp. is a Wyoming-based holding company with a wholly owned subsidiary of McLovin’s, a pet food and pet grooming company. The pet food and grooming market size was US$207 billion in 2020 with an excellent growth of 28.11%. The industry is expected to grow to $325 billion in 2028 at a compound annual growth rate of 5.6%. Pet food and pet grooming 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)
email: [email protected]
About McLovin’s Pet Food, Inc
McLovin’s, Inc. is a California company that specializes in the manufacture and distribution of premium quality pet food. We believe in real food. What you’ll find at McLovin’s is similar to what you’ll find in your grocery cart. In the case of our signature treats, it starts (and ends) with real beef, chicken, and salmon. Our products are developed using responsible sourcing and quality is an essential part of every part of our manufacturing process.
Company’s website: https://mclovinspetfood.com/
Safe Harbor 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 Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this The press release is the intent, belief or expectations of the Company and members of its management team regarding the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any 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 expected sales under negotiation, lack of revenue growth, customer downtime, failure to achieve improvements in performance, efficiency, and profitability, adverse developments with respect to litigation or increased litigation costs or The operation or performance of the company’s business units or the market price of its common shares. Additional factors that could cause actual results to differ materially from those contemplated in 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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