XCPNL Business Services Provides a
Post-Merger Update
Launch of Crypto as a Currency
(CaaS)
Charlotte, NC -- September 20, 2022 -- InvestorsHub NewsWire
-- XCPCNL Business Services Corporation (OTC
Pink: XCPL), a venture development business that leverages
knowledge, skill, and experience in the consumer products industry
(the "Company") today provides a post-merger update.
CaaS will be the proprietary trading business arm of the XCPCNL
Acquisition of Xerxes and ARMS from Centiment Capital. The
fund will operate on short on crypto positions driven by artificial
intelligence (AI) research and automated trading
technology.
The current algorithm is optimized for crypto markets and the
strategy has been successfully tested against equities
markets. The model will allow us to process public news, data
streams, and behavior patterns to inform a long/short trading
strategy. The models return two to ten percent per week.
The Xerxes Team has been working in the Capital Markets since 2009
and have a collective 30 years of investing experience ranging from
MBS and AI trading, all the way to long short equity strategies and
transaction liability, including experience in places Like Barclays
and Aon.
"It is necessary to create and test our algorithms
in live environments to understand their returns, risks, and
behaviors. Leveraging the Reg A will allow us to bring in the
talent we need to begin testing earlier, allowing us to expand and
improve existing products and develop new products.
The funds will be used to expand our
engineering team, add a customer success team, legal compliance,
active trading and investment," said CEO Tim Matthews.
XCPCNL Business Services Corporation (OTC
Pink: XCPL) encourages shareholders to visit their corporate
Twitter account at https://twitter.com/RealXCPCNL.
Forward-Looking Statements Disclaimer:
This press release may include, and oral statements made from time
to time by representatives of the Company may include,
"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 us or our management team, identify
forward-looking statements. Such forward-looking statements are
based on the beliefs of management, 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 oral forward-looking statements
attributable to us or persons 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.
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