XCPCNL Business Services, Corp. (XCPL) and its Subsidiary, Villa Riviera, Inc, Announces the Appointment of Troy Fulkerson to its Board of Directors

Rhea-AI Summary

XCPCNL Business Services, Inc. (OTCPK: XCPL) has appointed Troy Fulkerson to its Board of Directors. Fulkerson, with over 25 years in the outsourcing industry, brings significant operational expertise. He has been associated with current CEO Irving Boyes for eight years and has previously founded a staffing firm that grew to $50 million in sales. XCPCNL aims to enhance value through strategic acquisitions and operational consolidations in the staffing and IT sectors.

Positive

• Troy Fulkerson's extensive experience in sales and operations is expected to strengthen the Board and strategic direction.
• Fulkerson's history of business growth could provide valuable insights for future expansions.

Negative

• Concerns about continuity and experience gaps as leadership undergoes change.

DALLAS, Oct. 12, 2020 (GLOBE NEWSWIRE) -- XCPCNL Business Services, Inc. (OTCPK: XCPL), a Business Out-Sourcing Company and its subsidiary, “Villa Riviera, Inc” (VRI), announced today the appointment of Troy Fulkerson to its Board of Directors.

Mr. Fulkerson has been associated with CEO Irving Boyes and Gen Counsel Marshal Dooley for eight years. He serves as Vice President and Operations Director for the Business Outsourcing Division and also for the Affordable Housing Division.

Mr. Fulkerson has over twenty-five years of sales and operations experience in the outsourcing/staffing industry. He founded his own firm, supervising a staff of thirty, and increased sales to $50 million in five years before selling his company. He has been recognized as Man of the Year by American Business Clubs, 2004 Who’s Who in Staffing, and as one of the Dallas Business Journal Top 20 Staffing Companies and is a past president of American Business Clubs. He attended West Texas State University.

About XCPCNL Business Services Corp., Inc. & Villa Riviera, Inc.

XCPCNL’s strategy is to complete select acquisitions of traditional staffing, information technology, land and affordable home development and consulting firms that meet XCPCNL’s valuation, expertise, geographic, and operational criteria. XCPCNL proposes to create value by providing diversified vertical and cross-selling opportunities to target firms, realizing savings from consolidating operations and leveraging a centralized back-office.

For more information on XCPCNL Business Services Corporation, please visit: www.xcpcnl.com.

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:
Irving D Boyes
Office: 214-998-0178
Email: idbpre@gmail.com

FAQ

Who is Troy Fulkerson and what is his role at XCPL?

Troy Fulkerson is the newly appointed Board Member of XCPCNL Business Services, bringing over 25 years of experience in the outsourcing industry.

How will the appointment of Troy Fulkerson impact XCPL?

Fulkerson's appointment is expected to bring fresh perspectives and operational expertise to the Board, potentially aiding in strategic growth.

What does XCPL do?

XCPCNL Business Services focuses on business outsourcing and aims at strategic acquisitions in staffing, IT, land, and affordable housing sectors.

What is the strategy of XCPL regarding acquisitions?

XCPL aims to acquire firms that meet its valuation and operational criteria to create value through diversified opportunities and consolidated operations.