XcelMobility Inc (XCLL)

[califorce]

I added to my position today. Lots of good news coming out.
Also saw Facebook looking to move into China via mobile business. Maybe they are the partner for them.
At a macro level, the opportunity to dominant China’s smartphone market is HUGE, much bigger than what Instagram can provide today and potentially dwarfing the existing web-based social networking market in the coming years. Facebook and other players in the market have an opportunity against a limited time window to make a significant impact in this space where mobile social networking, smartphone payment methods, gaming and a number of other billion dollar plus markets are still in its infancy. What’s more, the smartphone platform war is an area that Facebook has yet to make a significant impact on in its home markets. The Chinese market can be a great way to experiment with new mobile services and business models quickly and cheaply in a market where there is only upside potential for Facebook.