XCPCNL Business Services Corporation (OTCMKTS:XCPL) Stock In Focus After Q1 2023 Results
Yesterday XCPCNL Business Services Corporation (OTCMKTS:XCPL) was in focus after the venture development company announced that its current Chief Executive Officer Timothy Matthews would step down from the position in June this year.
Trading Data
On Thursday, XCPL stock ended flat at $0.0002 with more than 50.58 million shares, compared to its average volume of 29.39 million shares. The stock moved within a range of $0.0001 – 0.0003 after opening trade at $0.0002.
XCPCNL Business Services Announces CEO Transition and Provides Update of Q1 2023 Results
The company went on to add that it was expected that by that time the Board of Directors of XCPCNL Business Services Corporation would appoint his replacement. Matthews spoke about the development as well and noted that he had the utmost confidence in the ability of the new management to continue to drive the profitability and growth of the company.
He went on to add that it was the right time for him to focus on personal endeavours and his health as soon as the transition was completed smoothly.
He went on to thank the entire team at XCPCNL Business Services Corporation and the shareholders for the continued support he had received during his two and half years tenure. The company also announced that it was going to announce its financial results for the first fiscal quarter on May 15, 2023. The company also encouraged the shareholders to keep an eye on the company’s social media accounts to stay abreast of the latest developments.
