XCPL - XCPCNL AND MCAP Media announcer termination of letter of intent
- XCPCNL Business Services ( OTCPK:XCPL ) along with MCAP Media have mutually agreed to terminate the previously announced letter of intent between the parties.
- XCPCNL will continue to use the services of MCAP Media and evaluate other opportunities with MCAP Media within the Tech Space.
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"In light of our status as a minority owned company, we have concluded that the timing of completing this transaction may jeopardize our minority preference status, along with needing the bandwidth to complete the Centiment Capital reverse merger. We are thankful for the support of MCAP Media and its team and wish them success as they negotiate an alternative transaction," stated Timothy Matthews, Chief Executive Officer of XCPCNL.
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XCPCNL AND MCAP Media announcer termination of letter of intent