BB's Stock Haven

[rbtree]

Re XLPI, what a day, up 200%

I did learn a bit, talked to CEO, posted this this morning on RB:
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PR out soon, just talked with company.

president Billy Smith. He just got it out and it should be up on Business Wire soon! I had a great conversation with him, during which there was a few interruptions. Busy guy! Lots of good things to say. Float is 71 mm now, but that should be all right. They are trying to expand without too much dilution, and are looking to raise $10mm or more. They need to build a new plant, and spend several million for US ad campaign. Main reason the price dropped was due to the listing on the German exchange which allowed major naked shorting. He thinks that is under control, and that the listing has been removed. Till the plant is in, they will use outside blenders to produce product. As well, that is how overseas product will be made available.

I've had quite an interest in the fuel/oil additive market for many years, and aware of the poor quality products like Slick 50 which is pretty much junk. But the XCEL product appears to be 100% legitimate, and backed up by years of use and testing, as can be seen on the website. http://www.xcelplus.com documents many many tests that validate the product's quality.

I forgot to ask him how soon they plan on filing audited financials and applying for the BB. I'll email that question.

Looks like a screaming buy here... much better than today's other big pink runner, HCCF. But it is still a pink sheet stock, so one needs to be cautious.

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Major short position may help this to run, daytraders and pullbacks to be expected, but nothing would surprise me..no reason why it cant go back to it's post split high of .53.