CECORS Inc (OTCMKTS:CEOS) is currently one of the more interesting companies considering the fact that it is involved in a range of industries starting from healthcare through to emerging technology. The company is also involved in mental health therapeutics through psychedelics and also owns a TeleMed Network that helps in connecting patients to medical practitioners.
In addition to that, CECORS also has a fully owned subsidiary company PsyKey which is involved in retailing smart drugs, cognitive enhancers, and other products. Now that you have a fair idea about the company you ought to note that there has not been much news about CECORS lately.
Recent News
The last time that the company had come into the news was back on January 12 this year when CECORS made an announcement with regards to a purchase order that had been bagged by PsyKey. The company had announced at the time that PsyKey had managed to land its very first purchase order that was worth as much as $50,000.
The order in question had been placed for the functional mushroom laced line of coffees from PsyKey. It is the innovative marketing firm named Union Marketing which placed the order for the products.
It goes without saying that it was a significant development for CECORS and the President of the company Amar Bhatal said as much. He noted that the purchase order is an indication of the sort of diligent work that has been done by the company in recent times. It also showed that the products developed by the subsidiary PsyKey have the ability to stand out in the marketplace.
However, more importantly, he noted that everyone at the company was confident that the purchase order is only going to be the start of a string of many orders that are going to be bagged by PsyKey in the future. It may be a good move for investors to keep an eye on the stock.