Charlotte, North Carolina, May 02, 2022 (GLOBE NEWSWIRE) — XCPCNL Business Services Corporation (OTC Pink: XCPL), a venture capital development firm that leverages knowledge, skills and experience in the consumer products industry, is pleased to announce that the Company has completed an authorized stock reduction.
The company signed a certificate of amendment to the certificate of incorporation, stating: “The total number of authorized shares that the company is authorized to issue is 750,000,000 common shares.”
In addition, the Company successfully surrendered two million shares to the Treasury.
“This is an important step for us. We are constantly looking for ways to combat manipulation of our shares and increase value for our shareholders. We are conducting due diligence on several opportunities in various industries that we believe will grow our business tremendously. Once the details are finalized, we will be able to share this information with our shareholders,” CEO Tim Matthews said.
XCPCNL Business Services Corporation (OTC Pink: XCPL) encourages shareholders to visit their corporate Twitter account at https://twitter.com/RealXCPCNL.
Disclaimer of Forward-Looking Statements:
This press release may include, and oral statements made from time to time by representatives of the Company may contain, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1933. Exchange Act of 1934, as amended. Statements regarding possible business combinations and their financing and related matters, and all other statements other than statements of historical facts included in this press release, are forward-looking statements. When used in this press release, words such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “could”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions, with respect to our management team or us , identify forward-looking statements. These forward-looking statements are based on the beliefs of management, as well as assumptions made by the management of the Company and information currently available to it. Actual results could differ materially from those contemplated by the forward-looking statements due to certain factors detailed in the Company’s file with the over-the-counter (“OTC”) market. All subsequent oral written or forward-looking statements attributable to persons or to us acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the Company’s control. The Company assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
XCPCNL Business Services, based in Charlotte, NC, is a venture capital development firm that leverages its knowledge, skills and experience in the consumer products industry. Our core mission is to provide marketing, technology and other business services to fast growing consumer products companies and big box retailers. XCPCNL is a minority owned and controlled company. To learn more about our activities, services and opportunities, please contact: email@example.com.
To learn more about XPCNL, visit www.xcpcnl.com