XCPCNL Signs Letter of Intent to Acquire
Communications, Financial Disclosure, and Multimedia Marketing
Firm,
Mcap Media, Inc.
NEW YORK, NY -- May 27,
2022 -- InvestorsHub NewsWire -- XCPCNL Business Services
Corporation (OTC
Pink: XCPL), a holding company with a professional suite of
cutting edge marketing and high impact sale-enablement services for
businesses, is pleased to announce that it has signed a Letter of
Intent to acquire Mcap Media, Inc. and its wholly-owned subsidiary
www.McapMediaWire.com, a premier
provider of multimedia communications, digital media solutions, and
financial disclosure service for microcap and exchange-listed
companies and their investors.
McapMediaWire is an
established multimedia/publishing firm
with services that have generated year over year growth since 2017,
including revenues of ~$1.2MM from Feb 2021 to Feb 2022 and
growing.
"Bringing XCLP and Mcap
Mediawire together will enable communicators to turn data into
actionable insights -- the necessary link between communications
and business outcomes," explained Peter Granat, XCLP CEO. "We are
serious about building a comprehensive platform to help MCAP manage
the entire lifecycle of communications – from influencer discovery
and content distribution to engagement and campaign analysis to
offer significant benefit to clients and increased transparency and
accessibility to their shareholders."
The combination of XCLP
and MCAP resources would result in a seamless and integrated
communications tool for intelligence gathering, distribution,
monitoring, and analytics platforms.
Enhanced scale from the
combination of the two companies would enable significant
investments in R&D to support continued technology
innovation.
"We are very excited about
the transaction and the opportunities it would provide for our
clients and partners" said Mark B. Newbauer, CEO of MCAP.
"Mcap Mediawire assists PR, IR, Marketing and Compliance
professionals in maximizing the impact of their communications
programs through best-in-class solutions and a relationship with
XCLP under the acquisition would allow for exponential increase in
overall market share."
This transaction is the
latest example of XCLP's steadfast commitment to the continued
delivery of innovative products, services and advancement of
marketing and communications professionals.
XCPCNL Business Services
Corporation (OTC
Pink: XCPL) encourages shareholders to visit their corporate
Twitter account at https://twitter.com/RealXCPCNL.
About Mcap
Media
McapMedia is the parent
company of Mcap MediaWire, a full-service multimedia solutions and
financial disclosure firm for microcap, nanocap and startups, with
a number of subsidiaries in development, all focused on media and
publishing opportunities in the microcap market
space.
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
Forward-Looking Statements
Disclaimer:
This press release may
include, and oral statements made from time to time by
representatives of the Company may have, "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 our management team or us, identify forward-looking
statements. Such forward-looking statements are based on
management's beliefs, 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 forward-looking oral
statements attributable to persons or us 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.