CeCors Inc. (OTC:CEOS) Stock Pulls Back a Bit: Now What?
Monday proved to be tough in the markets for CeCors Inc. (OTC:CEOS) shareholders as the company’s stock suffered from a selloff and went down by 15% as a consequence.
CEOS Engages Exclusive Key Congressional Leaders to Strengthen Market Position and Become the Category Leader in Billion Dollar Veterans Benefits Market
On September 23, the company came into focus after it announced through VETCOMM that its fully owned subsidiary unit, CeCors, was embarking on a pivotal moment. In the news release, it was revealed that VETCOMM representatives were going to attend a number of exclusive meetings with impactful Congressional leaders on two important bills. The meetings, which had been scheduled to begin yesterday, were going to be about the PLUS Act and the GUARD Act.
It was also noted that the results of the meetings could end up having a major impact on the competitive edge enjoyed in VETCOMM and help in positioning the subsidiary as the exclusive VA benefits courses and services providers.
Each of the two above-mentioned bills is expected to have a major impact on veterans who may need help with VA disability claims. The passing of the GUARD Act could help in further reinforcing the leadership position of VETCOMM in the industry.
CEO’s Comment
The company’s Chief Executive Officer, Kate Monroe, noted, “Our commitment is to protect veterans from opportunistic entities while advocating for a fair process that empowers them to make informed decisions about their support.” The endorsement of the Guard Act by key veterans’ organizations, including the American Legion, amplifies its potential impact.
