Xcelerate Inc. Announces Removal of
"Yield"
Sign
on OTC Markets
Stock Quotes
Company moving forward to implement new business plan
MAULDIN, S.C. -- May 3, 2021 -- InvestorsHub NewsWire
-- Xcelerate,
Inc.
(OTC
pink sheets:
"XCERT),
a rapidly
emerging leader in assembling
and developing early-stage medical technology,
today
announced
it
has taken all action necessary to remove
the
"Yield"
sign
from its stock symbol page
provided by OTC
Markets. The
Company intends to continue its commitment
to insure
future
compliance with listing requirements.
Xcelerate
recently
submitted all necessary documentation with OTC Markets to be
designated as a company in "Pink
Current Reporting"
tier.
As
a result, OTC Markets removed the "Yield"
sign
this week.
"We're
pleased the "'yield"
sign has now
been removed by OTC Markets and we have now received the 'Pink
Current Reporting' status,"
said
Xcelerate CEO
Michael
O'Shea.
This is the
fruit of continuing effort of our team to improve our corporate
standing and press on to
increasingly
higher standards of corporate transparency. Now
investors
can more
readily access information about our company
and analyze
value and potential of Xcelerate,
Inc.," said O'Shea.
"We're
also making headway in
finding
innovative
acquisitions within the patent/engineering world and
remain
focused on
joining early-stage medical technology companies in a
setting of controlled clinical care
where these new developments can be trailed, tested and
applied,"
he said. "We're
striving to demonstrate Xcelerate
is
worthy of high confidence and we're
committed to openly communicating with our shareholders as we
progress upward through various market tiers."
SAFE HARBOR
This press
release may contain forward-looking information within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), including all statements that are not
statements of historical fact regarding the intent, belief or
current expectations of the Company, its directors or its officers
with respect to, among other things: (i) the Company's financing
plans; (ii) trends affecting the Company's financial condition or
results of operations; (iii) the Company's growth strategy and
operating strategy; and (iv) the declaration and payment of
dividends. The words "may," "would," "will," "expect," "estimate,"
"anticipate," "believe," "intend," and similar expressions and
variations thereof are intended to identify forward-looking
statements. Investors are cautioned any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, many of which are beyond the Company's
ability to control, and actual results may differ materially from
those projected in forward-looking statements resulting
from various
factors.
Media contact:
Justin Baronoff 561-750-9800;
justin@transmediagroup.com.
