Trump/Putin summit, UnitedHealth and Japan’s GDP - what’s moving markets
CHINO, Calif. - Caduceus Software Systems Corp. (OTC:CSOC), a small-cap company with a market capitalization of $16.44 million, announced Wednesday that its premium pet nutrition brand McLovin’s Pet has launched nationwide in Petco retail locations and on Petco.com. The company’s stock has shown remarkable momentum, delivering a 298% return year-to-date according to InvestingPro data.
The expansion brings McLovin’s pet treats and meals to Petco’s stores and online platform across the United States. According to the company’s press release, McLovin’s currently has 15 product SKUs in Petco stores, with projected annual sales expected to reach $6 million.
"We’re thrilled to partner with Petco to bring McLovin’s to more pets and pet parents than ever before," said David Ji, CEO of Caduceus Software Systems Corp.
The McLovin’s product line at Petco includes a selection of freeze-dried treats and complete meals made without artificial preservatives, colors, and fillers, according to the company.
This retail expansion is part of McLovin’s broader strategy that has already placed its products in other national and regional chains. The California-based manufacturer specializes in natural, freeze-dried raw pet nutrition products.
Caduceus Software Systems Corp., a Wyoming-based holding company, operates McLovin’s Pet as its flagship subsidiary. The information in this article is based on a company press release statement.
In other recent news, Caduceus Software Systems Corp., the parent company of McLovin’s Pet, has outlined a strategic plan aimed at enhancing its public company profile with an eye toward future uplisting to senior exchanges. The company has announced a multi-phase roadmap that includes engaging a PCAOB-registered auditing firm to conduct a two-year financial audit. Additionally, Caduceus plans to file a Form 10 Registration Statement to become fully SEC-reporting. This move is designed to support future capital market activities. As part of their strategy, the company also intends to submit an S-1 Registration Statement. These steps indicate Caduceus’s commitment to strengthening its position in the market. The company has not disclosed specific timelines for these initiatives. Investors may view these developments as a sign of Caduceus’s efforts to enhance transparency and compliance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.