Replies to post #12451 on XCPCNL Business Services Corp (XCPL)

[Slojab]

Unfortunately, that info is old and no longer accurate.

If anyone is "investing" in VTPI due to it's fundamentals, they need to read the filings more closely.

Their business has changed and they haven't bothered to update their website.

The Company has determined that Den Packaging is a Variable Interest Entity and that Vital Products, Inc. is the primary beneficiary. As such, Den Packaging Corporation has been consolidated into the Company's financial statements.

Den Packaging delivered a termination notice to the Company to cancel the License Agreement effective May 1, 2011. The Company determined that it lost control of Den Packaging on May 1, 2011 and ceased to include the balance sheet, results of operations and cash flows of Den Packaging in the consolidated financial statements of the Company after April 30, 2011.

On April 26, 2012, we entered into a License Agreement with Vital Supplies. Under the terms of the Agreement, we have the right to market the products of Vital Supplies as well as the right of use of the facilities of Vital Supplies including but not limited to the sales and distribution facilities.

The Company has determined that Vital Supplies is a Variable Interest Entity and that Vital Products, Inc. is the primary beneficiary. As such, Vital Supplies has been consolidated into the Company's financial statements.[/I]

The rights, btw, are now on a month-to-month basis and they need to raise $500,000 to continue operations.

They may be filing bankruptcy soon.

In the meantime, Shrira and crew periodically pump the crap out of it.