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The Wall Street Stockwatch |
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THE COMPANY: XENICENT INC. (OTCBB: XCNT) |
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SYMBOL:XCNT |
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52 WEEK HIGH: $2.50 |
*INNOVATIVE TECHNOLOGY COMPANY |
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52 WEEK LOW: $0.15 |
*LED DISPLAY SYSTEMS |
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MARKET CAP: $7.5M |
*STRATEGIC MERGERS & ACQUISITIONS |
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APPROX. FLOAT: $.4M |
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RECENT PRICE: $0.50 |
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Company Background |
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Dear Investors, Traders, and Speculators:
XENICENT INC. (OTCBB: XCNT) IS UNDER OUR RADAR THIS
WEEK. The Company, develops, invests in, and operates technology
and land development related companies within the US, China,
and Taiwan. XCNT's immediate strategy is to accelerate
the success of its technology division by acquisitions and development.
XCNT recently announced the signing of a definitive agreement
under which the Company will acquire a 60% interest in Giantek,
a Taiwanese corporation for U.S. distribution of Giantek's LED
Display Systems and additional Giantek proprietary technologies.
"By joining forces with Giantek, we will accelerate our
entry into attractive new technology markets, and
add critical breadth to our line of innovative products,"
Said CEO Duane Bennett of Xenicent. As a result of this important
acquisition, XCNT will receive exclusive rights to market Giantek's
products within the United States. Giantek reported over
$2 million in revenues for 2001, has approximately $3 million
in assets and currently employs a workforce of 30 employees.
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XCNT Growth Strategy |
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IN THE NEAR FUTURE, management will announce
its new strategy to capitalize on the growing technology sector
exploding in Asia. Xenicent has assembled an outstanding team
of management personnel, all with proven leadership and management
skills in working with larger "hyper-growth" companies.
The Company's strategy includes the internal development and
operation of subsidiaries within the XCNT family, as well
as investment in additional technology companies directly, and
through other venture capital arrangements.
THE MOST EXTRAORDINARY ASPECT OF XCNT IS THE OPPORTUNITY IT
PROVIDES by the limited amount of shares within the public
float now available for individual investors. It has been our
experience, that as word gets around the street of new technologies
being acquired by Xenicent Inc., limited shares, (presently under
1M), USUALLY causes rapid price increase as increased
buying occurs in these type of smallcap bulletin board companies.
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Conclusion |
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IN MANAGEMENT'S OPINION, XCNT at a present price
of .50 cents a share, will in the short term increase its per
market share by its current strategic objective of acquisition
targets within the technology field. The Xenicent Technology
family of companies is expected to increase dramatically…hence
greater revenues equals price appreciation. |
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Inc. has been retained as a consultant to Xenicent Inc. and has
been remunerated by XCNT or its shareholders for investor relation
services in the amount of 50,000 shares to date. Wall Street
Strategies, Inc., or its affiliates, agents and/or relatives
thereof may have interests or positions in equity securities
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and may increase or decrease these positions at any time. Investments
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to consult with professional investment advisors and to make
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