XCPCNL Business Services Corp (XCPL)

[Howyadoing]

New symbol XCPL * Public Float = 127,783
Insiders now own 99.3% of the O/S:
Subsequent to April 30, 2017, the Company and Combined USA Corporation (dba XCPCNL Business Corp) (“XCPCNL”) enter into a share exchange agreement whereby 100% of the issued and outstanding shares of common stock of XCPCNL were exchanged for 20,500,000 shares of common stock of the Company.
https://www.otcmarkets.com/financialReportViewer?symbol=VTPI&id=174592

Company website:
https://www.xcpcnl.com

Most of the profile information on OTC is not up to date.
https://www.otcmarkets.com/stock/VTPI/profile
Once FINRA approves the name/symbol change, the company will update current & future shareholders of VTPI/XPCL on what is behind the curtain.
From the latest filing:
The Company submitted initial documents to the Financial Industry Regulatory Authority ("FINRA") regarding this name change on June 9, 2017. FINRA is still reviewing the Company's submissions.
https://www.otcmarkets.com/financialReportViewer?symbol=VTPI&id=174618

"They" meaning the insiders: Irving D. Boyes & Marshal W Dooley
This was the first filing we recieved:
After the R/S the O/S was only 197,583 commons
Marshal W Dooley owns 34,900 commons and 50,000 series A Preferred
Irving D Boyes owns 34,900 commons and 50,000 series A Preferred
So that made the Public Float = 127,783 commons with there being 100,000 series A Preferred issued
Filing:
http://www.otcmarkets.com/financialReportViewer?symbol=VTPI&id=173202

Now , based on this latest filing "They" returned to treasury their 100,000 series A Preferred shares in exchange for a new total of common shares of 20,500,000. & in exchange for 1,625 series E preferred shares of XCPCNL they were issued 1,625 series A preferred shares of VTPI
New share totals:
Common outstanding shares- 20,627,783
Series A preferred shares- 1,625
Public float- 127,783

"They" meaning the insiders: Irving D. Boyes & Marshal W Dooley
June 19 2017 filing:
Subsequent to April 30, 2017, the Company and Combined USA Corporation (dba XCPCNL Business Corp) (“XCPCNL”) enter into a share exchange agreement whereby 100% of the issued and outstanding shares of common stock of XCPCNL were exchanged for 20,500,000 shares of common stock of the Company.

On May 23, 2017, 100,000 Series A preferred shares were cancelled and returned to the Company’s preferred stock
treasury. Also, on this date, the Company in exchange for 1,625 shares of restricted Series E Preferred Shares of stock
issued by XCPCNL, the Company agreed to issue 1,625 shares of the Company's restricted Series A preferred stock to
1721 Belvedere Trust.
On June 9, 2017, the Company filed an amendment to the Certificate of Incorporation with the Secretary of State of
Delaware. The amendment changes (i) the name of the Company to XCPCNL Business Services Corporation and (ii)
decrease the number of shares of common stock that the Corporation is authorized to issue from One Billion
(1,000,000,000) to Two Hundred Fifty Million (250,000,000).
Page 13
10. SUBSEQUENT EVENTS
https://www.otcmarkets.com/financialReportViewer?symbol=VTPI&id=174592

This makes "They" / insiders owning 99.38% of the outstanding common shares & 100% of 1,625 shares of the restricted Series A preferred stock issued.
With the public owning .62% of the outstanding common shares.
I'm not sure Why they decided to convert their series A preferred into commons ? From a traders point of view it does skyrocket the market cap!
In my correspondence with Mr Boyes, he says its all good & that the news coming out very soon will explain/ justify the move.
When Big news hits the new ticker XCPL with only 127,783 shares to trade , guess what!
(((((((((KAABOOOOOM)))))))))
****************************
One of my email exchanges with Mr Boyes
Mr XXXXXXX thank you for your kind letter of inquiring about the Vital Products & Xcpcnl Business Services transaction.

As you probably know I am limited as to what I can disclose unless it is disclosed to the public .

What I can tell you is the Company has asked Finra to allow a name change to XCPCNL Business Services and the symbol to XCPL . A decision has not yet been received .

As part of the transaction XCPCNL contributed a working business with in excess of $ 11 million annual revenues .

Until a Press Release is posted you might check on the website www.xcpcnl.com

Thank you for your support and continued loyalty

Irv Boyes
Vital Products Inc
President & CEO
******************
In my communications with Mr Boyes, he didn't come right out and say directly why they decided to return the 100,000 series A preferred shares back to treasury & issue the 20.5mil common shares , but lets just say he did put my concerns about the matter to rest by:
1) Once they receive approval from FINRA on the name change & then for it to go into effect,(They want to wait & release the new/future press releases under XCPL so that the archived PR's will follow new ticker) then they will be informing the public on the details of the R/M & that it will more than justify what they have done. I understood it to mean that they only did it for some technical reason at this time & they can make the switch back to all series A preferred shares with just the stroke of a pen.
This is just a guess but maybe they purposely raised the Market cap for some type of financing?
As it was , the MC would only be :
O/S = 197,583 × 0.65 = $128,429
With the stroke of a pen they recently changed the share structure & wam! ! The Market cap goes up to :
O/S = 20,627,783 × 0.65= $13,408,058.
It seems odd to purposely increase your own company's market cap by 10,300% , Don't you think?
$20,627,783. ÷ $197,583. = 104.4

We shall see soon what Mr Boyes & company have to offer the investor community.
Meet the team:
https://www.xcpcnl.com/meet-the-team/
News:
http://m.marketwired.com/press-release/vital-products-inc-acquires-combined-usa-corporation-dba-xcpcnl-business-services-corporation-otcqb-vtpi-2220095.htm
XCPCNL's annual revenue for the last fiscal year-end June 30, 2016 was $9,026,162. The Officers and Directors of XCPCNL are Irving D. Boyes, President & CEO and Marshal W. Dooley, Secretary & General Counsel.
For more information on XCPCNL,
please visit: www.xcpcnl.com.
Here is a video of our new CEO / Projected revenue 500 million in 4 years
https://www.xcpcnl.com/investors-video/

https://www.corporationwiki.com/Texas/Dallas/irving-d-boyes-P2887607.aspx

Marshal W Dooley has his own law practice.
http://dooley-law.com/
DOOLEY & ASSOCIATES, P.C.

14228 Midway Road, Suite 214
Dallas, TX 75244
T : 972.330.4455 F : 972.421.1850

Also Director of COMBINED LABOR SERVICES, INC.
https://bestcompanytexas.com/company/32044983453/combined-labor-services-inc.html
Marshal Dooley Overview
Marshal Dooley has been associated with forty-three companies, according to public records. The companies were formed over a sixty-one year period with the most recent being incorporated twenty-eight days ago in May of 2017. Eight of the companies are still active while the remaining thirty-five are now listed as inactive.

https://www.corporationwiki.com/Texas/Dallas/marshal-w-dooley/30219517.aspx

Irving D. Boyes – Mr. Boyes is a successful entrepreneur who has over 25 years of experience in the payroll
services, healthcare and Personnel industries. Mr. Boyes, a graduate of the University of London with an
education degree, worked with W. Clement Stone for over 12 years directing business activities in the U.S. and
abroad. He was presented the Eminent Gold Metal Award by Napoleon Hill. He went on to found several
enterprises in the health, payroll and staffing industries, achieving top combined annual revenue of $275
million.
He has served as Chairman and CEO of Combined USA Corporation from August 1, 2011 to present.
Mr. Boyes’ success as a company builder comes from application of management principles and the “Positive
Mental Attitude” approach learned from W. Clement Stone and Napoleon Hill. Scientific sales training and
powerful incentive programs have led to the exponential growth experiences by his companies. In the
Healthcare staffing industry, Mr. Boyes has developed innovative systems to meet challenges, such as making
daily payrolls for 5,000 employees, and thus backing up sales with performance.

Marshal W. Dooley – Mr. Dooley is a corporate and business attorney who has practiced law for forty-two
years. He received a JD from the University of Texas and an LLM from Southern Methodist Law School, and is admitted to practice before all state and federal courts in Texas, the 5th Circuit Court of Appeals, and the
U.S. Supreme Court. He has also achieved an AV Preeminent Rating from Martindale-Hubble.
Marshal W Dooley has been the managing partner in the law firm of Dooley & Associates PC from July 1,
2011 to present.

Almost all of the DD in this post is facts based on news & filing from the company, however in a few instances I gave my own opinion & speculation of the current circumstances.
I do not speak in any way for the company & have not or will not ever receive compensation. Don't buy or sell based on anything I've speculated on.
GLTY