CARSON CITY, NV, November 20, 2023 - CECORS, INC. (OTC PINK: CEOS) ("CeCors" or the "Company"), through its wholly-owned subsidiary VETCOMM, a leading provider of VA benefits courses and services, is pleased to announce the following financial highlights of its division:
101.74% revenue increase from Q2 to Q3, highlighting growth strategies and market expansion.
With $340,000 USD in customer receipts accumulated over the past 6 months since acquiring VETCOMM in Q2, demonstrates strong revenue potential for both immediate and future growth.
In the six months leading up to September 30, 2023, VETCOMM's total revenue soared to $175,000 USD.
- The surge in deferred revenue to $165,000 USD in the six-months ending September 30, 2023 demonstrates customers' continued anticipation and trust in our services.
As VETCOMM propels into its next growth phase, we are strategically expanding our team to scale our services, aiming to reach an even broader segment of veterans in need. With an eye on sustainable expansion, VETCOMM continues to invest in innovative strategies to enhance outreach and increase awareness among our heroes. This strategic team expansion, designed to meet the growing needs of veterans and extend the reach of our services, is a pivotal part of our efforts. While these endeavors have led to higher costs, our strategic planning ensures that these investments, despite the associated rise in costs, are anticipated to deliver considerable returns and expand our impact, all while strengthening our financial foundation.
CeCors, Inc. has successfully negotiated the extension of maturity dates for convertible notes to November 30, 2024. This agreement among note holders serves as a testament and confidence in our Company's vision and growth potential.
Kate Monroe, CEO of VETCOMM, states, “Our revenue growth is a direct reflection of the trust placed in us by our clients and the unwavering dedication of our team. We remain fiercely dedicated to enhancing the lives of our nation’s heroes.”
For further information:
VETCOMM
Website: www.vetcomm.us
Referral Program: www.vetcomm.us/referral-membership/
Publicly traded company (OTC PINK: CEOS)
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E-mail: info@psykeyworld.com
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Forward-Looking Statements:
Safe Harbour 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 Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and 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 anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency, and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward- looking statements.