The Caduceus Corp Inc (OTCMKTS:CSOC) stock has come up as one of the notable gainers over the course of the past week has gone up by as much as 50% during the period.
Caduceus is a holding company and is involved in making acquisitions in the consumer goods space. There has been no news about the company in recent days but back on May 10, Caduceus announced is working on settling the debts that had been from the previous management.
The company actually had a considerable breakthrough in this regard when it inked a debt settlement agreement with a former director and other entities. The agreement is going to lead to the write-off of the unsecured debts that amount to $3039880 in the principal total amount. It goes without saying that it was a major milestone for the company and resulted in the elimination of short-term debt to a considerable degree.