XCPCNL Business Services Corporation (OTC Pink: XCPL) recently provided a corporate update, highlighting a Reg A offering to raise $2 million. CEO Tim Matthews emphasized that this capital is crucial for launching a new business model focused on Bitcoin mining and an NFT incubator. The funds will also cover costs related to SEC registration and compliance for uplisting to a higher exchange. The company aims to enhance shareholder value by developing a solid foundation for its operations and has begun branding initiatives through its corporate website.
XCPCNL Business Services has launched a new subsidiary, XCPCNL Tech, to support new product developers and startups through pre-seed investment and mentorship. The subsidiary plans to initiate three projects: Token, focusing on funding for cannabis businesses; NFT Incubator, assisting artists in the NFT space; and 2bitmine.com, offering education and services in Bitcoin mining. CEO Tim Matthews emphasized the commitment to enable entrepreneurs to turn ideas into viable businesses while the parent company continues its core services.
XCPCNL Business Services (OTC:XCPL) has announced a new business model following a change in control, with Colorado Distribution Group acquiring a controlling stake. The company will now offer business and marketing services to consumer product companies and big box retailers. Timothy Matthews has been appointed as CEO, bringing nearly 20 years of experience. The strategy focuses on enhancing sales growth for clients through services like in-store demos and call centers. XCPL aims to leverage its minority-owned status to penetrate markets, particularly targeting the cannabis and crypto sectors.
XCPCNL Business Services, Inc. (OTCPK: XCPL) has appointed Troy Fulkerson to its Board of Directors. Fulkerson, with over 25 years in the outsourcing industry, brings significant operational expertise. He has been associated with current CEO Irving Boyes for eight years and has previously founded a staffing firm that grew to $50 million in sales. XCPCNL aims to enhance value through strategic acquisitions and operational consolidations in the staffing and IT sectors.
XCPCNL Business Services, Inc. (OTCPK: XCPL) has announced a strategic focus on affordable housing through its subsidiary, Villa Riviera Inc. (VRI). According to the National Low-Income Housing Coalition, there is a shortfall of over 7.2 million affordable rental homes in the U.S. VRI aims to address this issue by negotiating land and modular home packages in Texas for development in early 2021. The company's mission is to create opportunities for low and moderate-income families by providing safe, affordable housing in vibrant communities.