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Wednesday, June 12, 2013 12:00:44 AM
XcelMobility, Inc (OTC: XCLL) has been making an explosive move up in recent trading sessions after hitting an all-time low of $0.051 in the first week of December. The stock has been moving steadily upward on increasing volume and investors are asking if this one can go higher. XCLL hit the OTCBB in late 2011 at around $1 and traded big volume at that level due to a multi-million dollar hard mailer campaign. In the months that followed the stock continued to drop as we predicted it would. After it hit an all-time low of $0.05
According to the Company XcelMobility is primarily engaged in delivering high speed internet access to cellular and smart phones, tablets and mobile computers focused on Asia, due to the size of the market and the high use of mobile devices to access the internet and the cloud.
The Company executes its business model through several subsidiaries located in Hong Kong and Shenzhen, China. XCLL lead product is the Mach 5 browser. Mach 5 permits users to access the internet and the cloud in a secure environment 5 times faster than traditional mobile browsers. The speed and security permits faster, better access to the Cloud, as well as videos and social media applications.
While XCLL is the subject of continued massive stock promotion it’s not all just hype and hot air, there is a real company here on track to do about $250,000 in revenues for 2012. While they do have revenues XCLL continues to lose money, has a history of losses and significant short term debt on the books.
Conclusion: XCLL has been making an explosive move up on increasing volume after hitting an all-time low of $0.051 in early December. While the stock has little real fundamentals it does have excellent upside potential from here. Currently trading at a market valuation approaching $10 million the stock has fallen a long way since the $1 level where it traded millions in dollar volume. Short term XCLL has volume and momentum on its side and may go higher, long term it could drop lower.
To get the inside scoop on XCLL subscribe to ProStockAce.com right now. Also everyone should know, we have something HUGE coming.
XcelMobility Inc.
Renyan Ge CEO
Jaime Brodeth
xcelmobility.com
STOCK INFORMATION
SYMBOL: OTC: XCLL
Shares Outstanding: 60,000,000
Market Cap: $9,000,000
XcelMobility, Inc (OTC: XCLL) was incorporated in the state of Nevada on December 27, 2007 under the name “Advanced Messaging Solutions, Inc.” On March 29, 2011, they amended their articles of incorporation to change their name from “Advanced Messaging Solutions, Inc.” to “XcelMobility Inc.” and we effected a 35-for-1 forward stock split.
Formerly=Advanced Messaging Solutions Inc. until 3-2011
Capital Change=shs increased by 35 for 1 split, Pay date=03/29/2011. http://prostockace.com/
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