mahatmapaul
4 weeks ago
"looking good ...."
this screams for a Devil's Advocate response.
What is looking good in this latest PR? They're talking about filing certain "patent pending" applications (or whatever the term is for patents that have been filed but not accepted yet) internationally. I took a look at the description, and i'm having a hard time figuring out what's patentable in the process they describe.
The key innovation provided by these patents is the introduction of a new "first-person view" to the surgical theatre. This technology integrates cameras directly into surgical tools in order to allow the surgeon to follow and perform the procedure from his tool's perspective.
If anyone can explain how this process could be patentable, I'm all ears.
O'Shea promised again (earlier this year) that Africa would be producing revenues by the end of 2024. Let's hold O'Shea's feet to the fire on this one. For years now, the pro-O'Shea'rs have been letting him promise and not deliver ... promise and not deliver ... What the pro-O'Shea'rs need to realize is that criticism of management is a key element in DD-based investing. Somehow, there seems to be a class of investors who consider criticism of management off-limits. Why? We're in otc pinky land, and the refusal to consider criticizing management could be catastrophic to one's finances. .0175 pps indicates market's lack of confidence. Don't get mad at the market, or at weird posters posting negatives on a message board that perhaps a dozen boneheads (myself included) read. Get concerned about managements consistent failure to meet promised and forecast deadlines.
AveragePenny
4 weeks ago
$XCRT Xcelerate, Inc. Announces Commencement of the Nationalization Process for its PCT International Patent Applications
https://www.accesswire.com/905830/xcelerate-inc-announces-commencement-of-the-nationalization-process-for-its-pct-international-patent-applications
MAULDIN, SC / ACCESSWIRE / August 22, 2024 / Xcelerate, Inc. (OTCQB:"XCRT") today announced the commencement of the nationalization process for its two PCT international patent applications, PCT/US2023/015755 and PCT/US2023/016194. These international patents correspond to the US utility patent applications US 18/187,352 and US 18/189,441 filed with the United States Patent and Trademark Office (USPTO). The key innovation provided by these patents is the introduction of a new "first-person view" to the surgical theatre. This technology integrates cameras directly into surgical tools in order to allow the surgeon to follow and perform the procedure from his tool's perspective. We believe this introduction of the "first-person view" has the potential to significantly boost the precision and speed of a surgical procedure, as well as reducing the size of the surgical site. As an additional potential benefit, the technology integrates surgical site illumination and allows for the projection of targeting markers.
Mike O'Shea, Xcelerate's CEO stated "In addition to our efforts to uplist our common stock for listing on Nasdaq, we are also focusing on the nationalization of our medical device patents. The nationalization of these patents is a significant advancement in Xcelerate's mission to leverage non-medical engineering advancements and intellectual property for clinical and medical care. Mr. O'Shea continued by stating "We are looking forward to using the European Unitary Patent Application Process for the first time. Unitary Patent Applications have been possible since June 2023 and allow filers to cover 17 member states of the European Union (EU) with a single application. This includes the EU's three largest economies: Germany, France, and Italy. Other markets which will be covered include China, Ireland, Japan, and Mexico."
wxdog
1 month ago
Uplist coming soon. XCRT breaking ice.
Xcelerate, Inc. Releases Shareholder Update
Press Release | 08/13/2024
MAULDIN, SC / ACCESSWIRE / August 13, 2024 / Xcelerate, Inc.'s (OTCQB:XCRT) CEO, Mike O'Shea, today released this letter and shareholder update.
Dear Shareholder,
On April 29, 2024, we announced that we had filed our annual report on Form 1-K with the SEC. This report included our annual independent financial audit for the years ended 2022 and 2023. Our intent was to then file our amended registration statement on Form S-1/A with the SEC in order to continue our fundraising and uplisting process. On May 03, 2024, the SEC announced that it had charged our independent auditors at the time, BF Borgers CPA PC, alleging that "Ben Borgers and his audit firm, BF Borgers, were responsible for one of the largest wholesale failures by gatekeepers in our financial markets," and permanently banned he and his firm from ever practicing before the commission. The SEC also announced that it would not accept audits undertaken by BF Borgers as part of any registration statement, requiring us to reaudit our financial statements that had been completed by BF Borgers.
As a result, on May 13, 2024, we announced that we had retained Bush and Associates CPA LLC, Henderson, NV, as our new auditors. Immediately thereafter, Bush and Associates, with the non-stop cooperation of our staff and advisors, completed the reaudit of our financial statement for the years ended December 31, 2023, and 2022, as well as the financial statement audits for the years ended December 31, 2021, and 2022 for ESN Group.
On July 30, 2024, we then filed our amended registration statement on Form S-1/A with the SEC.
https://www.sec.gov/Archives/edgar/data/1138586/000168316824005149/0001683168-24-005149-index.html
"I would personally and professionally like to thank our staff, advisors and, in particular, Chase Bush and Bush Associates for this herculean effort which will now allow us to pursue our previously filed application to list on the NASDAQ market and to work with our new underwriter, Craft Capital Management LLC, to raise the capital necessary move forward with our business plan" said Mike O'Shea, CEO.
Investors and stakeholders are encouraged to stay updated on the latest developments by visiting the Company's website at https://xcelerate.global/.
https://www.otcmarkets.com/stock/XCRT/news/Xcelerate-Inc-Releases-Shareholder-Update?id=449865