LOS ANGELES, Calif., June 1, 2015 (GLOBE NEWSWIRE) -- via PRWEB - "This milestone opens the doors to institutional investors and market makers who were not previously able to buy and sell shares of our Company. Now they may execute on unsolicited orders and also make recommendations to clients as they so choose. It also now gives individual investors an ability to trade shares of our Company," said Kris Finstad, Content Checked's CEO. "Meeting the increased compliance and information requirements of OTCQB provides our investors greater confidence in the information disclosed by the Company and ensures our commitment to accountability and transparency. We will continue working towards our goals of uplisting in the future to the Nasdaq Stock Market and growing our business."
About Content Checked Holdings, Inc.:
Content Checked (http://www.contentchecked.com) has created a revolutionary marketplace for people with dietary restrictions and the organizations who cater to them by creating and introducing the ContentChecked and MigraineChecked smartphone applications to the market. Content Checked's applications are the first applications with comprehensive and accurate content information, and in-depth allergen and migraine definitions for most U.S. food products. This enables the applications to meet the needs of millions of people in the United States. As a result, Content Checked has created a pivotal way for food producers to, at the point of purchase, be able to showcase their products to consumers who are actively seeking them.
Designed for use by those who suffer from food allergies, dietary intolerances, migraines and chronic headaches, both applications have reached massive adoption levels. In the U.S. alone there are 15 million people who suffer from food allergies and 38 million from migraine and chronic headaches. The food allergy market currently has an estimated value of $6 billion USD. Both applications give the ability to scan a product's bar code and determine if it is safe for consumption, and if not the apps will recommend a suitable alternative per the user's specific dietary profile.
Content Checked has created a robust database of allergens, migraine triggers, and food ingredients that directly correlate with food allergies, intolerances, migraines and chronic headaches. There are currently hundreds of thousands of products in its database that is updated regularly. Content Checked's applications are highly scalable and can expand into new geographic areas and product categories with limited modifications and investment.
For more information on Content Checked, please visit its social media channels via Facebook (https://www.facebook.com/contentchecked)
Instagram (https://instagram.com/contentchecked), or YouTube (https://www.youtube.com/channel/UCMihoaZILlRZ2C3hmx5vXhQ).
Forward-Looking Statements:
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Forward-looking statements may include, without limitation, statements regarding (i) the plans and objectives of management for future operations, including plans or objectives relating to the design, development and commercialization of the Company's mobile applications, (ii) a projection of income (including income/loss), earnings (including earnings/loss) per share, capital expenditures, dividends, capital structure or other financial items, (iii) the Company's future financial performance and (iv) the assumptions underlying or relating to any statement described in points (i), (ii) or (iii) above. Such forward-looking statements are not meant to predict or guarantee actual results, performance, events or circumstances and may not be realized because they are based upon the Company's current projections, plans, objectives, beliefs, expectations, estimates and assumptions and are subject to a number of risks and uncertainties and other influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the inaccuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, the Company's inability to obtain adequate financing, the significant length of time and resources associated with the development of our products and related insufficient cash flows and resulting illiquidity, the Company's inability to expand the Company's business, significant government regulation of the healthcare industry, lack of product diversification, existing or increased competition, results of arbitration and litigation, stock volatility and illiquidity, and the Company's failure to implement the Company's business plans or strategies. These and other factors are identified and described in more detail in the Company's filings with the SEC, including, the Company's Current Reports on Form 8-K/A filed with the SEC on May 22, 2015. The Company does not undertake to update these forward-looking statements.
Contact:
Investor Relations
Mike Bowdoin
Bowdoin Group
407-590-6995
Mike(at)BowdoinGrp.com
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