Xcelplus (CE) (USOTC:XLPI)
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From Dec 2019 to Dec 2024
XcelPlus International Inc (PINK SHEETS:XLPI), XcelPlus
International (http://XcelPlus.com) has established a new corporation
to act as the principle holding company for all of its licenses,
patents and proprietary formulas going forward.
XcelPlus Global Holdings Inc, the new Nevada Corporation, will be
used for acquisitions and product development for all our products and
formulas on a global scale. The new company will also be the parent
company for XcelPlus International Inc, E85 Conversion and Lube Center
operations, as well as XcelPlus Asia Pacific holdings.
All shareholders of record in XcelPlus International Inc (trading
symbol XLPI) will receive a one year restricted stock distribution of
1 share in Xcelplus Global Holdings, Inc. for every 20 shares they
hold in Xcelplus International Inc on April 7th and the stock
distribution payout date is scheduled for April 21st 2006.
We are also now pushing our E85 conversion program to enable cars
to burn E85 fuel with their regular gasoline. Our proprietary
lubricants will enable cars to use E85 without damaging their engines
form the acids produced through the combustion of E85.
More information is being made available at the XcelPlus website
at http://www.xcelplus.com
This press release may contain certain forward-looking statements
within the meaning of Section 27A of the Securities and Exchange Act
of 1933, as amended, and Section 21E of the Securities and Exchange
Act of 1934, as amended, which are intended to be covered by the safe
harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainties. Although
XcelPlus International believes that the assumptions underlying the
forward-looking statements contained herein are reasonable, any
assumption could be inaccurate, and therefore, there can be no
assurance that the forward-looking statements included in this press
release will prove to be accurate. In light of the significant
uncertainties inherent in the forward-looking statements included
herein, the inclusion should not be regarded as a representation by
XcelPlus International Inc or any other person that the objective and
plans of XcelPlus International Inc will be achieved.
For investor relations you can contact Brad Novak at
bnovak@xcelplus.com or by phone at 949-661-5780.