Caduceus Software Systems Corp. (CSOC) soars on pricey marketing campaign

Posted on: Monday, September 19th, 2011
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Software medical records management software developer, Caduceus Software Systems Corp. (OTCBB:CSOC) traded more than 16 million shares on Monday, a far cry from the company’s average three-month volume of 49,478 shares, after the onset of a $1 million-plus e-mail campaign spearheaded by

The campaign was paid for by a third party, listed as “Firdaus Inc.”

The last time Caduceus Software Systems Corp. issued a press release was about a month ago, when the Birmingham, England-based company announced its goals and mission statement.

The Company has the primary goal of providing good valuable medical records management software (MMS) to medical professionals. The Company’s target market is to provide Electronic Health Records (EHR) management for practitioners and physicians, and combine it with the appointment scheduling tools useful for medical office assistants. While some software caters to specifically to doctors and some software caters specifically to their supporting staff, Caduceus MMS integrates these tasks together in a single software solution, the August 16 press release stated.

“The recent news of the American health care reform and the cost of health care in Canada and United States warrant better software to manage the flow of patient information and fast and accurate billing,” sais Derrick Gidden, President of Caduceus Software Systems Corp in the August 16 press release. “The Canadian and American markets are vast and total more than 800,000 private physicians and practitioners. From the news studies, we feel that many of these medical professionals could benefit from our software in terms of our price point, multiple languages, tech support, and platform compatibility requirements.”

For the three months ended June 30, Caduceus Software Systems Corp. reported $0 revenue, and a net loss of $4.9 million.

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Category: OTCBB, Promoted Stocks
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