Thursday, January 21, 2016

Content Checked Holdings, Inc. (CNCK) Reports Impressive Revenue Growth and Outlines Future Plans in Recent CEO Letter

Talk is cheap, and action – or results to be more accurate – defines whether a company is going in the right direction. There are many innovative ‘idea companies’ out there, but one company making good on its promises and delivering revenue growth, new partnerships, and new products is Content Checked Holdings, Inc. (OTCQB: CNCK). In a recent letter to its shareholders, Content Checked CEO Kris Finstad recapped a rapid, exciting growth history while outlining plans for moving forward.

Fundamentals are the baseline measurement for any small-cap startup company to gauge whether or not it is going in the right direction. For the six months ended September 30, 2015, Content Checked’s revenues were $657,850, as compared to no revenues for the six months ended September 30, 2014. Cash and equivalents as of September 30, 2015, were $5.5 million. Those figures answer these two questions with an unequivocal yes: 1) Are people actually buying your product?; and 2) Do you have enough money in the bank to execute business operations and strategies moving forward? A positive nod in this regard represents impressive execution and growth for a company founded in July 2013.

Content Checked is the creator of a family of mobile apps for individuals who suffer from food allergies and other dietary needs. As Finstad notes in his shareholder letter, the company has had over 2 million downloads and, more importantly, 66 percent of its users are active at least five times a week.

Leveraging its success, the company is moving to a subscription-based model and has plans to continue to diversify and grow its offerings to include more niche apps within the health and wellness sector.

“We believe that the iOS (Apple) and Android platforms are moving in the direction of subscription-based applications. To capitalize on this trend and stay ahead of our competition, we are making our core apps free, and are also offering users subscription-based versions of our apps that will provide access to additional desired features. With the relaunch and rebrand of Content Checked’s products, anticipated to take place in March 2016, we will introduce a new subscription based service for the Content Checked line of products, in addition to offering an updated and improved experience for core (free) users … The extension of our brand will add value to our family of mobile apps designed for those with dietary restrictions and preferences. We believe that consumers of all ages are continuing to place greater emphasis on healthier food alternatives, and we hope that our family of apps will enable Content Checked to reach every demographic in a household,” explained Finstad.

Another strong point for this emerging player is its ability to establish key industry relationships. In this respect, Content Checked has formed a partnership with Troy Healthcare in which the two companies will use their innovative products, MigraineChecked and Stopain® Migraine, respectively, to help deliver preventative information and fast-acting relief for migraine sufferers.

Content Checked’s products have been given numerous accolades and praise in several high profile media outlets and publications, including Forbes, USA Today, ABC, CBS, NBC, Fox, Los Angeles Business Journal, Yahoo! Travel and Yahoo! Finance, Examiner.com, MSN, PR Newswire, Gourmet Business, Epi-Family.com, The Active Times, Reviewed.com, Business Rockstars, IdeaMensch, Celiac Disease Foundation, Cheapflights.com, Bustle, AllergicLiving, The App Magazine, Great Taste Magazine, Clean Eating, TheDailyMeal.com, DIY Active, Food Allergy & Research Education, SheKnows Media, Smarter Travel and Voices in America and Z Living. The company’s apps will also be featured in upcoming outlets such as Los Angeles Business Journal, Reuters, VentureBeat, MyHeart.net, and Rasmussen Blog.

A look at some of the other spokes in the corporate wheel provides a bit of insight into the company’s business development and proven ability to advance on its growth strategies.

Aside from key management, Content Checked is backed by a team of professionals with the following certifications and/or degrees: registered dietician, certified nutritionist specialist, certified nutrition support clinician, CISSN sports nutrition, masters of nutrition, wellness and health coach and NESDA personal trainer.

Additionally, the company kicked-off 2016 with the formation of a board of advisors to provide guidance to the board of directors and management team. One such advisor is Dr. Marc Siegel, MD FACP, a clinical professor, medical director, author, and medical contributor, reporter, and member of the Fox News Medical A Team, among other notable roles.

Combined, all of these achievements and strategies contribute to Content Checked’s plan to uplist to the NASDAQ or NYSE exchange later this year, an impressive feat that will position the company in front of a broader base of global institutions, funds and retail investors.

“All of us at Content Checked believe that our market capitalization will continue to grow with improving underlying Company fundamentals. We are a young entrepreneurial company that is flexible and continues to adopt to our core markets’ and users’ demands, to ensure that we position the Company to enhance shareholder value going forward,” Finstad concluded in his letter.

For more information, visit www.contentchecked.com

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