mahatmapaul
4 hours ago
this O'Shea has been a huge disappointment since I bought in about 4 or 5 months ago. I'm now down 68%. The pro-XCRT folks on this board were giddy, even ebullient, with all the absolutely guaranteed great things going to happen "now". Now is taking a long time, and frankly, I don't like the kicking the can down the road (in the case of Africa, it's just a little too obvious and boilerplate).
Is O'Shea going to come through? Obviously, there is a core of true believers who maintain absolute faith in him. I don't, but I'm hoping he starts showing some results.
wxdog
8 hours ago
SS Updated yesterday! Not a single share has been added to XCRT’s share structure so far this whole entire year!!!
FACT!!!
XCRT SECURITY DETAILS
Share Structure
Market Cap Market Cap
7,385,583 06/04/2024
Authorized Shares
1,000,000,000 06/04/2024
Outstanding Shares
434,446,072 06/04/2024
Restricted
288,289,635 06/04/2024
Unrestricted
146,156,437 06/04/2024
Held at DTC
123,962,566 06/04/2024
Float
113,254,437 12/31/2023
Par Value
0.0001
https://www.otcmarkets.com/stock/XCRT/security
Faith007
23 hours ago
Harbinger Research Issues Correction Notice for Research Report issued today pertaining to Xcelerate, Inc. (OTCQB: XCRT)
Tuesday, 04 June 2024 06:45 PM
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Topic:
Company Update
ATLANTA, GA / ACCESSWIRE / June 4, 2024 / Harbinger Research, a respected equity research firm, today issued a correction to its recent report on Xcelerate, Inc. (OTCQB:XCRT). The correction addresses a clerical error pertaining to the revenue forecast model presented on the front page of its report.
Upon review, it was discovered that Harbinger Research's revenue estimates for ESN, one of Xcelerate's subsidiaries, were presented for the years 2025, 2026, and 2027 as if they were Harbinger's estimates for Xcelerate, Inc., ESN's parent company. This was a clerical transcription error that affected only the financial model on the front page of the report, and not the full model presented on page 15 of the report, which presented the correct revenue forecast numbers for Xcelerate and its two subsidiaries.
We have corrected this error on the report's front page and reposted the updated report on our website as of market close today. Harbinger Research deeply regrets any confusion this clerical error may have caused, and emphasizes that its correction of the front-page model's revenue forecasts for 2025, 2026, and 2027 in no way constitutes a change in Harbinger Research's original forecast numbers that were correctly displayed on page 15 of the report, research rating, or opinion of Xcelerate, Inc.
Harbinger Research was not commissioned by Xcelerate, Inc. to produce its equity research report, but rather was hired by a third-party as originally disclosed on page 17 of its original, uncorrected report.
For further information, please contact:
Brian R. Connell, CFA
Senior Research Analyst
brian@harbingerresearch.com
(770) 766-1177
SOURCE: Harbinger Research, LLC
laraz5
1 day ago
You shamelessly promoted paid or un paid this company from .13 now to .01?
You tried to get posters out of the XCRT room into a telegraph XCRT room based on negative XCRT content as the PPS tubmled ?
You made excuses for filings, dilution, accountants, PRs and all other XCRT happenings?
Defending Mike and his associates all the way down?
Why?
I must ask this question, did Mike Joe or anyone connected to Xcelerate pay you through direct or through 3rd party with shares or cash?
Have you received any compensation from any association with xcelerate direct or indirect?
No is an acceptable answer, I just can't figure how you could have been so wrong here?
Will you stick with XCRT into trips?
IMO
mahatmapaul
1 day ago
the auditor fiasco didn't help
No, it didn't. I sometimes beat horses, so I'll apologize in advance, but on this one, O'Shea did not shine.... His whole professional m.o. is of a forensic accountant (and a quite successful one, at that, since different courts used his analyses in their court proceedings on issues of fraud especially). How he could not have know that Bogers (or whatever the name is .. let's call them Boogers for fun) was for several years under the scrutiny of the SEC, and even had several fines (moderate ones of several thousand dollars) imposed on individual accountants from Boogers. In the major document against Boogers, the court (or SEC, I just can't remember) used the term "fraud mill" as the description of Boogers. They were mis-auditing clients all over the place for years (and very intentionally, as it turned out), and yet O'Shea, whose professional career was based on sniffing these liars out, wasn't even keeping track with the SEC's investigation (ongoing for 3 or 4 years at the time)? huh??
It's hard to get a handle on O'Shea. Unlike with spzi, he has no record of doing anything that raises red flags (to the contrary, when you think about what a forensic accountant does), but here he is later in life assuming the CEO position in a former somewhat shady shell (union dental). What qualifications does he have to be an effective CEO? Forensic accounting and leadership ..... apples and oranges. And yet he seems very forthcoming and transparent in his communications. Good luck to him (I have a small position of only several thousand dollars, which is down 59% from when I purchased a few months ago).
mahatmapaul
1 day ago
we need O'Shea to start delivering on his forecasts. I'm NOT saying he's not going to (xcrt is NOT spooz/jp3e/spzi!).
But he's kicking the can down the road in different aspects of this multi-faceted business. He has to start generating actual revenue, and more importantly, actual profits. Otherwise, he has few options but to use stock issuance (or the dreaded otc-market "loan") to keep the company going. Where did he get the cash and restricted stock to "remunerate" Harbinger? There's that much less cash and "restricted stock" available.
What's worrisome is that it would seem to me that if he knew good, productive revenue-creating news were around the corner, he wouldn't pay for such "paid advertisement". Enough advertisement .... start performing.
mahatmapaul
1 day ago
jeez, bb, this report would be more impressive if it were a third-party report.
XCRT paid harbinger to write this report. Frankly, this is a little disturbing, since why would O'Shea, with all these marvelous things coming down the pipe line, have to pay for an article? And don't for a moment think that Harbinger is writing totally objective analysis ... they are being paid
from Harbingers website:
Harbinger Research reports are prepared for informational purposes only, and are written in return for cash and/or restricted stock remuneration.
***
Harbinger Research cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. bing
Harbinger Research is not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority.