mahatmapaul
4 days ago
I also noticed that both of O'Shea's businesses have the same non-office address (O'Shea's home address, apparently ... a little two-story brick structure):
110 renaissance circle, Mauldin SC
What purports to be a thriving, long-established forensic research group does not have its own office? And what is being promoted as a major new otc triumph doesn't have its own office either?
The two businesses do have different phone numbers, although O'Shea made a boo-boo in providing InvestmentPitch Media's recent paid promotional video of Xcelerate with Forensic Research Group's phone number. True believers in O'Shea might ask "what difference does it make?", but for me, it is a possible indication that neither business has solid financial resources. There is very little info on the FRGI, with implications on the website that it's got all this talent, and yet no one shows up anywhere as an employee. Is it a one-man operation?
It's concerning to me also, because it's a possible indication that O'Shea has gotten a little too big for his britches, and may be in over his head with XCRT. Time will tell.
mahatmapaul
4 days ago
Disappointing history as XCRT
MAULDIN, S.C., March 17, 2021 /PRNewswire/ -- Xcelerate, Inc. (OTC: XCRT), formerly known as Union Dental Holdings Inc., announced today it has been issued a new ticker symbol due to the Company's recent name change. The new symbol is "XCRT". "We believe this new ticker symbol is major step forward in giving Xcelerate a clear identity," said Michael O'Shea, Xcelerate's CEO.
When this PR was posted, XCRT's pps was .1692 ... the highest pps it has ever been. It's been on a downtrend since then (losing 86% of its value), apart from an empty July 2023 pump that got the pps to .12
Not a promising history so far. Why is it that some of you have such absolute confidence in Michael O'Shea? Wishful thinking? Some feeling way down deep in your bones?
He needs to prove himself, which he hasn't done so far. 3 and a half years and counting, and very very little of what he has promised has materialized.
Mr. O'Shea: FOLLOW THROUGH THIS TIME
mahatmapaul
1 week ago
3 months ago, O'Shea stated:
We are expecting to increase revenues significantly in 2024 as a result of the recently announced addition of ESN's contract with "AFFES" (Army & Air Force Exchange Service) and commencement of our operations with the two hospital contracts that Afiya Sasa holds in Tanzania."
Mr. O'Shea: On behalf of all shareholders, please follow through this time. I noticed the "expecting" safe-harbor evasive language, but please don't fall back on safe-harbor excuses any more, and follow through! If you do, you will confirm your integrity and the integrity of this enterprise.