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powerbattles

02/01/17 4:17 AM

#2666 RE: kickask #2664

Let make it clear: As I was the one pointed out to you.

2015(no Calpian) $3,295,781
2015 Proforma $14,486,622 (Excel and Calpian combined)

You states this:
2016 (incl Calpian) $12,731,311


If what you said 2016(incl Calpian) $12,731,311 is correct then let look at their financial revenue for the year 2015

2015 Financial Results – Highlights
Net revenues of $17.6 million (an 84% increase over 2014)

Click on the link below roll down to
8. ACQUISITIONS (Continued)
Pro Forma Financial Information
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11315818

2015 revenues Excel #17,599,332
2015 revenues Calpian U.S $14,621,149
Total $32,220,481




YES, They sold off the Secures
Revenues 2014 $3,622,141
and 2015 is around 4.5 million.

On April 30, 2016, EXCC sold substantially all of the operations of its wholly-owned subsidiary, Payprotec Oregon dba Securus Payments (“Securus”) to Chyp, LLC (“Chyp”),
https://www.otcmarkets.com/stock/EXCC/news/Excel-Corporation-Divests-Operations-of-Securus-Subsidiary-to-Chyp?id=130769&b=y

I do not post incorrect/misleading info.
I can read no need talk to a CPA. Let me try to explain again...
It's clear as daylight & This is clearly stated in the 10-k
I am sure you can read, you don't need the CPA.

PB: