XCPCNL Business Services Announces Board Resolution Approving Shareholder Stock Dividend

Rhea-AI Summary

XCPCNL Business Services Corporation (OTC Pink:XCPL) announced a board resolution to issue a 15% stock dividend for current shareholders. Shareholders of record as of April 18, 2023, will receive the shares around May 18, 2023. CEO Tim Matthews expressed confidence in the company’s growth, emphasizing the importance of rewarding long-term shareholders through such dividends. XCPCNL aims to leverage its expertise in the consumer products industry to drive revenue and form strategic partnerships. For further updates, shareholders are encouraged to follow their corporate Twitter account.

Positive

• Approval of a 15% stock dividend, enhancing shareholder value.
• Management's confidence in continued revenue growth and strategic partnerships.

Negative

• None.

CHARLOTTE, NC / ACCESSWIRE / April 11, 2023 / XCPCNL Business Services Corporation (OTC Pink:XCPL), a venture development business that leverages knowledge, skill, and experience in the consumer products industry, today announces a board resolution approving a stock dividend for shareholders.

The board resolves that the Company is issuing to current shareholders a stock dividend of 15% class Common Shares, in the authorized capital stock of XCPCNL Business Service Corporation for shareholders of record on April 18,2023 to be issued on or about May 18,2023.

"As we continue to drive revenue and build strategic partnerships that build value to the company, we look forward to continuing to reward our long term shareholders with small gestures like share dividends," said CEO Tim Matthews.

XCPCNL Business Services Corporation (OTC Pink: XCPL) encourages shareholders to visit their corporate Twitter account at https://twitter.com/RealXCPCNL.

Forward-Looking Statements Disclaimer:

This press release may include, and oral statements made from time to time by representatives of the Company may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release, are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filing with the Over the Counter Market ("OTC"). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

About XCPCNL:

Charlotte, NC-based XCPCNL Business Services is a venture development business that leverages its knowledge, skills, and experience in the consumer products industry. Our primary mission is to provide marketing, technology, and other business services to fast-growing consumer product companies and big-box retailers. XCPCNL is a minority-owned and controlled firm.

To learn more about our businesses, services, and opportunities, please contact info@xcpcnl.com.

To learn more about XPCNL, visit www.xcpcnl.com.

For Inquiries:

Email: ir@xcpcnl.com

SOURCE: XCPCNL Business Services Corp.

View source version on accesswire.com:
https://www.accesswire.com/748352/XCPCNL-Business-Services-Announces-Board-Resolution-Approving-Shareholder-Stock-Dividend

FAQ

What is the stock dividend amount announced by XCPCNL?

XCPCNL announced a stock dividend of 15% for its shareholders.

When is the record date for the stock dividend of XCPL?

The record date for the stock dividend is April 18, 2023.

When will the stock dividend be issued to shareholders of XCPL?

The stock dividend is expected to be issued around May 18, 2023.

What does the stock dividend signify for XCPL shareholders?

The stock dividend signifies the company's commitment to enhancing shareholder value.

How does XCPCNL plan to drive revenue growth?

XCPCNL plans to drive revenue growth by leveraging its expertise in the consumer products industry and forming strategic partnerships.