Disclosure NewswireTMiCrowdNewswire - Aug 9, 2016
JOHNSON, RI – Caduceus Software Systems Corp., (OTC: CSOC) (“the company”): Caduceus Software Systems Corp. would like to inform its valued shareholders that the Company has accepted, cancelled, and returned to treasury 75,000,000 restricted common shares. Our OTC Markets Company Profile Page will be updated once the cancellation has been confirmed.
Reduction of the common shares by 75,000,000 leaves our New Outstanding and Issued share count at 719,200,000. Out of these shares, 629,600,000 are restricted and held by insiders leaving the float at 89,600,000. Our Authorized Share count remains unchanged at 850 Million. We will continue to work on ways to improve our share structure and add more shareholder value and provide updates when they arise.
Additionally, the Company would like to take this time to inform its Shareholders that the corporate website is undergoing some changes and should be finished by the end of the week. We have plans to begin work on a new service platform which we intend to be our new Flagship Service. “We are very excited at the new revenue streams that this Platform will have for the company and in return shareholder value when they are completed and implemented,” said CEO Richard Tang.