Content Checked (CNCK) Primed to Benefit from Groc
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Content Checked Holdings, Inc. (OTCQB: CNCK) is the company behind a revolutionary marketplace for people with dietary restrictions. The company’s suite of mobile apps, including ContentChecked, MigraineChecked and SugarChecked, gives consumers the ability to determine if particular grocery items fit into their specific dietary requirements. With a database covering more than 70 percent of conventional U.S. food products, Content Checked is directly targeting the growing food allergy and intolerances market, which was valued at roughly $13 billion in 2015. However, the recent performance of the grocery industry as a whole has been equally noteworthy for the technology company.
In a report released last month by research firm CB Insights (http://dtn.fm/J3yIt), food and grocery was highlighted as a fruitful sector for on-demand startups. When studying these startups and their ability to attract investors, researchers found that food and grocery startups enjoyed the highest aggregate deal activity over the past five years. Led by sizable funding rounds from food delivery startups DoorDash and Swiggy, food and grocery successfully outperformed high-profile segments such as ride-hailing and logistics in terms of investor attention.
For Content Checked, the strong performance of food and grocery in the investor space is promising. Earlier this year, the company engaged PCG Advisory Group, a leading capital markets advisory firm, to serve as an advisor to its investor relations, social media and public relations strategies. Content Checked also engaged Bonwick Capital Partners LLC, a full-service broker dealer, to aid in the execution of its financial, corporate, and mergers & acquisition strategies.
These partnerships are expected to play a key role in the company’s efforts to increase shareholder value ahead of a planned uplisting to the NASDAQ Stock Market later this fiscal year. Content Checked has already commenced preparation for this uplisting in recent weeks, perhaps most notably with the election of Dr. Göran Rune Skog, an accomplished physician with more than 35 years of experience in the field of medicine, as an independent addition to its board of directors.
“Content Checked’s intriguing formula of fusing cutting-edge technology with nutrition provides a compelling story to present to our investor community and network,” Jeff Ramson, Founder and CEO of PCG Advisory Group, stated in a news release. “Their recent positive financial developments, partnerships and product milestones, illustrate a unique growth opportunity in an extremely relevant market with very optimistic long-term prospects.”
To view the company’s full financials, visit the following link: http://dtn.fm/sIJ7M
For more information, visit www.contentchecked.com
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