XCPCNL Business Services Corp (XCPL)

[charhorse]

It is very possible that it will bounce
but the share count leading into the previous bounce you're referring to was
"As of December 5, 2008 the Issuer had 36,450,000 shares of common stock issued and outstanding, par value $0.0001 per share."
The most current count is at least
"As of March 18, 2009, the Issuer had 64,250,000 shares of common stock issued and outstanding, par value $0.0001 per share."
It all depends on a cessation of the dilution, the increase in the float could restrain it's ability to recover.
But shares are cheaper, so people can buy more.
I am wondering about the plan for the registration of 100k convertible preferred shares.
"Effective April 20, 2009, we filed a Certificate of Designation of Preferences, Rights and Limitations with the Delaware Secretary of State designating 100,000 shares of Series A Convertible Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock")."
"Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into 100 shares of our common stock."