XCPL Gained 513.33% In The Past Month, Greatly
Outperforming The Majority Of The OTC Market Due To
A Recent Acquisition And Other Developments.
XCPCNL Business Services Corp., (OTCMKTS:XCPL) has been one of the strongest movers in the market lately with a close up 39.39% yesterday now having it up a total 513.33% from its low of $.0015 just one month ago on October 17th 2022.
What Does XCPL Do?
XCPL is a venture development corporation that leverages experience in the consumer products industry to help other companies grow. They provide marketing, technology, and other business services to consumer product companies and retailers. The company acquired Xerxes and ARMS from Centiment Capital, which is an operation that benefits from shorting the cryptocurrency markets, which should prove profitable due to the extreme pricing pressure that crypto assets have been under over the course of this year. Especially due to numerous crypto firms that have collapsed since the Terra Luna and UST collapse in May of this year, that then lead to the collapse of 3 Arrows Capital, which then eventually lead to the collapse of FTX and Alameda Research, each of which also took a multitude of other trading and venture capital firms with them.
On 10/26/22 XCPL’s CEO, Tim Matthews announced that the company closed a regulation A offering that would go toward working capital which will include future merger and acquisition due diligence, joint ventures, and day to day operations in the hope to further drive revenue growth. Within that update the company also mentioned that it will host interactive shareholders webinars once per month.
On 10/27/22 XCPL announced that it has chosen to invest $250,000 into the start-up, Glory Entertainment. As stated in the press release, Glory Entertainment is a creative content partnership and commercialization company. The company provides artists with vehicles to share their stories with the world by leveraging data, technology, and storytelling.
At present the market cap for XCPL seems to be a bit high for such an early-stage company, nearing $5 million with a self admitted CEO that is brand new to the OTC Markets game but the company is otherwise doing the right things for now with respect to investor outreach keeping investors well informed about operations. It may be quite a while before they can fully lock down owning higher real valuations but this is definitely one worth keeping on the watch list.
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