Thursday, March 25, 2021 6:55:23 PM
On March 12, 2021, we announced via press release that the documents required to effect a reverse split of XcelPlus International’s common stock had been filed with FINRA, along with our expectation that the reverse split would take effect on Monday, March 22, 2021. However, based upon FINRA’s preliminary review, effectuation of the reverse split will be delayed while the company assembles and completes additional documentation. The assembly and completion of this documentation is already underway internally, and all relevant materials will be resubmitted to FINRA as soon as they are completed.
FORWARD LOOKING STATEMENTS
This press release includes statements of future expectations and events, and other forward-looking statements. Forward looking statements can often be identified by words and phrases such as “will,” “can,” “would,” “expect,” and similar words and expressions, and include, but are not limited to, statements regarding or relating to the company’s anticipated capital structure, income potential, growth of the Company and its technologies. Forward-looking statements are not guarantees of future results and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially and adversely from those expressed or implied in such statements. These statements are based on management’s current views and assumptions, speak only as of the date hereof and are subject to change. We undertake no obligation to revise or update any forward-looking statements for any reason, except as required by law.
In My Honest Opinion
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