XCPCNL Business Services Announces New Business Model Following Change of Control and New Management Team

Rhea-AI Summary

XCPCNL Business Services (OTC:XCPL) has announced a new business model following a change in control, with Colorado Distribution Group acquiring a controlling stake. The company will now offer business and marketing services to consumer product companies and big box retailers. Timothy Matthews has been appointed as CEO, bringing nearly 20 years of experience. The strategy focuses on enhancing sales growth for clients through services like in-store demos and call centers. XCPL aims to leverage its minority-owned status to penetrate markets, particularly targeting the cannabis and crypto sectors.

Positive

• Change in control with Colorado Distribution Group could bring new strategic direction.
• Appointment of Timothy Matthews as CEO adds experienced leadership.
• New business model focuses on high-demand marketing services for consumer products.
• Aims to leverage minority-owned status for market penetration.

Negative

• None.

Charlotte, North Carolina , Dec. 14, 2021 (GLOBE NEWSWIRE) -- XCPCNL Business Services (OTC:XCPL) today announces its new business model, following the recent change of control with Colorado Distribution Group, LLC (“CDG”) acquiring a controlling stake in XCPCNL Business Services. As a result of the transaction, the Company has shifted its business model to providing business and marketing services to consumer product companies and big box retailers through a suite of creative, technical, and data processing services.

In connection with the change of control, Timothy Matthews has been appointed CEO, and Chairman of the Board.  Mr. Matthews is seasoned marketing executive with nearly 20 years of strategic marketing/consumer research experience. Mr. Matthews founded Zoom Insights Inc. in 2007 and Zoom Marketing Partners LLC in 2013, which provided marketing platforms for some of the top global brands including Google and British American Tobacco.   Previously,  Mr. Matthews held the position of Director of Strategic Planning and Senior Marketing Manager for two Fortune 500 consumer product companies which included RJ Reynolds and IBM.

The new business model is focused on helping consumer retail businesses tell their story through a professional suite of marketing and sale-enablement services consisting of instore product demos, field services, inbound and outbound call centers, and digital product development and customer experience management. The Company plans to generate sales growth for clients by leveraging its product outreach platforms, such as its in-store product network, inbound/outbound call center, and field services network.

Tim Matthews, Chief Executive Officer of XCPNL, stated, “We are excited to unveil the new business model leveraging our team’s decades of experience in marketing and consumer products. We believe the market is ripe for these services, including hyper-local messaging and outreach, and plan to leverage our minority-owned status to further accelerate our market penetration by helping customers attract both minority and non-minority consumers. Specifically, we plan to target big box retailers as well as government and Fortune 2000 companies where we have long-standing and established relationships. We are laser focused on creating cash flowing products and services, while investing into new growth areas where we see opportunities for broad consumer adoption, such as the cannabis and crypto markets. We look forward to unveiling our complete business strategy, and providing additional updates near term, while executing on our strategy to drive long-term shareholder value.”

About XCPCNL

Charlotte, NC-based XCPCNL Business Services is a venture development business leveraging our knowledge, skills, and experience in consumer products. Our primary mission is to provide marketing, technology, and other business services to fast-growing consumer product companies and big box retailers. As a forward-looking organization dedicated to growth, we are also looking at consumer product areas of the future, including cannabis and crypto. XCPCNL is a minority-owned and controlled firm. To learn more about our businesses, services, and opportunities, please contact: info@xcpcnl.com

Forward Looking Statements Disclaimer:

Certain information set forth in this website and/or press release contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects, and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

FAQ

What is the new business model of XCPCNL Business Services (XCPL)?

XCPCNL has shifted to provide marketing and business services to consumer product companies and big box retailers.

Who is the new CEO of XCPCNL Business Services?

Timothy Matthews has been appointed as the new CEO of XCPCNL.

How does XCPCNL plan to enhance sales growth for its clients?

The company plans to enhance sales growth through services like in-store product demos, call centers, and digital product development.

What sectors is XCPCNL targeting for growth?

XCPCNL is focusing on the cannabis and crypto markets for growth opportunities.

What does XCPL’s change in control mean for investors?

The change in control could lead to a new strategic direction and potential growth, but also involves risks associated with management changes.