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Tuesday, April 04, 2006 1:15:58 PM
(4/3/06) XLPI - All shareholders of record in XcelPlus International Inc. will receive a restricted stock distribution of 1 share in Xcelplus Global Holdings, Inc. for every 20 shares they hold in Xcelplus International Inc. on April 7th and the stock will payout on April 21st 2006.
XLPI shareholders will keep all current XLPI shares they own, as they will not be affected in any way by the new stock distribution. The company wants all their shareholders to understand that XLPI is not undergoing a reverse split of any kind for this distribution.
All shareholders must be of record by April 7th 2006 to receive any distributions. This means that all qualifying shares of XLPI must be purchased by end of market trading hours on Tuesday April 4th 2006 to be eligible due to the 3-day settlement rule.
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