Welcome to our dedicated page for Xinda Intl news (Ticker: XNDA), a resource for investors and traders seeking the latest updates and insights on Xinda Intl stock.
Xinda International Corp. (XNDA) generates news that reflects a major transformation in its business focus, corporate identity, and asset base. Company announcements describe its evolution from a transportation and ridesharing technology developer into a business centered on the food technology sector under the corporate name Supa Consolidated Inc. News items highlight both this strategic pivot and the corporate actions taken to support it.
Recent coverage details the company’s transition to trading on the OTCID market and its efforts to change its corporate name and ticker symbol through a FINRA application. These updates explain how the company positions itself within the OTC Markets Group framework and the disclosure benchmarks it must meet, including regular financial reporting and updated company information.
Another key theme in XNDA-related news is the shift into food technology. The company has reported the divestiture of its transportation and ridesharing technology assets and the completion of a Share Exchange Agreement with SUPA Food Services LLC. Through this transaction, it acquired a large number of commercial ice and water vending machines, which management describes as forming a foundation for revenue generation in its new business segment and for building a portfolio of food-related assets.
Earlier news items provide historical context on the company’s prior focus as a transportation technology and Mobility-as-a-Service software developer, including work on its Trusted Ride and Trusted RYDE shared-ride applications and its patented transportation ecosystem. Together, these articles trace the company’s path from transportation software to food tech and document related leadership changes, regulatory milestones, and strategic decisions. Investors and observers can use this news feed to follow how XNDA’s corporate strategy and operations have evolved over time.
Tribal Rides International Corp. (OTC PINK:XNDA) has successfully generated its first sales following the launch of its Driver and Rider applications. This milestone was confirmed by Stripe, which processed initial rides and payments. CEO Joseph Grimes expressed pride in the development team's timely accomplishment and plans for expanding user reach, anticipating further sales. The company focuses on disruptive transportation technology and is developing additional features for future releases, which aim to enhance their patented transportation ecosystem.
Tribal Rides/Xinda International (OTC PINK:XNDA) is set to launch its innovative shared-ride application in California this week, with an Android version to follow. The app's submission to the Apple Store is awaiting approval, with expected testing to begin shortly. CEO Joseph Grimes foresees revenue generation starting in March 2022, marking a significant milestone for the company. A nationwide distribution is planned for a later date, aiming to enhance its market presence in the shared-ride sector.
Tribal Rides/XNDA International has been awarded U.S. Patent 11,217,101 for predictive analytics technology aimed at enhancing vehicle deployment. This patent, issued on January 4, 2022, builds on their original 2014 filing and is part of their strategy to develop a transportation ecosystem for self-driving vehicles. The company is committed to expanding its intellectual property portfolio to support growth in the autonomous sector. The patent underscores its innovative approach to digital transformation in transportation.
Tribal Rides/Xinda International (XNDA) has announced a test release of its ride-sharing app in Southern California next month. This launch, part of their strategic plan, aims to meet revenue projections for Q1 2022, with CEO Joseph Grimes emphasizing the importance of generating initial revenue. CFO Steve Ritacco expressed satisfaction with the development progress and hinted at future innovations. The company focuses on digital transformation in transportation, aiming to support individual and business needs in the autonomous vehicle space.
Tribal Rides International Corp. (OTC PINK:XNDA) has appointed Steven Ritacco as the new Chief Technology Officer, enhancing its C-Level executive team. With extensive experience in software development at major companies like Hewlett Packard and Adobe Systems, Ritacco aims to improve customer experience and lead product development. His focus will also be on strategic acquisitions to bolster company growth. Tribal Rides specializes in digital transformation for transportation, developing automated platforms for ride-sharing and taxi services.
Tribal Rides International Corp. (OTC PINK:XNDA) has appointed Donald Smith as Chief Financial Officer. Smith brings extensive experience in startups, particularly in fundraising, strategic alliances, and mergers. His previous roles include Chairman and CEO at Greengro Technologies, where he co-invented a vertical cultivation device. With 25 years in emerging technologies and extensive financial expertise, Smith aims to leverage opportunities in automated drive technology. Tribal Rides focuses on digital transformation in transportation, offering a comprehensive platform for managing taxi and ride-sharing services.
Tribal Rides/Xinda International (OTC Pink: XNDA) has successfully completed all SEC reporting requirements, enhancing its transparency and credibility in the public market. CEO Joseph Grimes emphasized this achievement as a pivotal moment for the company and its shareholders, opening doors to various funding alternatives. The firm focuses on developing a patented transportation ecosystem aimed at revolutionizing the digital transformation of the transportation sector, particularly in autonomous vehicles.
Tribal Rides International, Inc. (OTC PINK:XNDA) has engaged SRAX, Inc. for investor relations and communications marketing to enhance exposure for its emerging cloud-based software platform.
This platform integrates social networks and mobile apps, enabling users to manage personalized transportation experiences and conduct secure financial transactions. The Sequire system will help the company analyze shareholder behavior and engage with a broader audience. CEO Joseph Grimes emphasized that this partnership marks a significant advancement for the company.
Tribal Rides/Xinda International (OTC PINK:XNDA) has officially launched its Beta Program for its innovative "Driver-Centric" Ride-Sharing platform. The company is actively recruiting independent drivers for its User Advisory Group to provide feedback during development. This initiative aligns with their vision for the autonomous self-driving vehicle market. Founded in 2016, Tribal Rides specializes in disruptive software solutions aimed at transforming transportation with a focus on enhancing ridesharing technology and developing a comprehensive transportation ecosystem.
Tribal Rides/Xinda International (XNDA) has announced the upcoming release of its innovative driver-centric ride-sharing software platform, expected to generate revenues in 2021. Chief Technology Officer Steve Ritacco stated that development is progressing rapidly, with the first application set to launch by the year's end. Furthermore, the company is actively developing a patented software platform tailored for the autonomous self-driving vehicle market, meeting internal development goals. XNDA offers disruptive software solutions aimed at transforming transportation.
FAQ
What is the current stock price of Xinda Intl (XNDA)?
What is the market cap of Xinda Intl (XNDA)?
