Xcelmobility Inc under the ticker symbol XCLL. Here is some more information that we have about Xcelmobility Inc

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Xcelmobility Inc
Shenzhen CC Power Corporation provides mobile phones and internet products through monthly subscriptions to large cellular phone carriers and OEM partners. The company is based in Shenzhen, China.
98 Employees
Last Reported Date: 04/8/15
Last $0.01 USD
Change Today +0.0028 / 23.73%
Volume 13.8K
As of 8:10 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

xcelmobility inc (XCLL) Snapshot

Open
$0.01
Previous Close
$0.01
Day High
$0.01
Day Low
$0.0070
52 Week High
10/2/14 - $0.06
52 Week Low
07/24/15 - $0.0053
Market Cap
3.7M
Average Volume 10 Days
814.6K
EPS TTM
$-0.03
Shares Outstanding
250.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
XCLL:US Advanced Stock Chart

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xcelmobility inc (XCLL) Key Developments

XcelMobility Inc. Launches Wi-Fi Lottery Network in China, Afterburner

XcelMobility Inc. announced the launch of Afterburner, company's new Wi-Fi networking platform allowing mobile users and lottery players to easily and quickly connect to the company's online lottery and advertising portal. Afterburner Wi-Fi nodes will be installed in lottery and phone card kiosks throughout China creating a true national Wi-Fi network. Cities in China are littered with small kiosks selling lottery, phone cards and other personal products. There are over 1,000,000 of these small shops located throughout China. Each of these locations provides a potential installation for the company's Afterburner Wi-Fi device. The Afterburner device will be installed at no cost to the kiosk proprietor and provides the proprietor with numerous opportunities to increase sales and profits including: Offering users local customers free Wi-Fi service at the kiosk thus increasing traffic. Providing an easy and convenient method for lottery and other personal products. The ability to sell new products and services offered over the Afterburner network. Sharing in online advertising revenues. Initial Afterburner installations are being tested now. The company will begin general rollout of the Network over the second half of the year.

XcelMobility Inc. announced delayed annual 10-K filing

On 04/01/2015, XcelMobility Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

XcelMobility Inc. Announces Lottery Business Expansion

XcelMobility Inc. announced it will focus the company's resources on the fast growing online lottery business in mainland China. The directors and officers of the company have developed a new strategic plan to grow the company as quickly as possible with the goal to up-list the company to a major stock exchange in 2016. Over the past 3 months the company has redeployed all corporate resources to grow and expand the online lottery business. A part of this decision the company has done the following: Redeploy all engineering and service resources to expand the company online lottery offerings. Consolidate all employees under one new lottery facility located in Shenzhen, China. Open a support and service facility in Fujian province. Hire experienced lottery professionals to help manage the fast growing online lottery group. Rebrand the company as a leading online lottery services company in China. XcelMobility's mobile lottery business is now fully online and servicing mobile lottery customers in China. The company is currently in discussions with a number of major Provinces in China to provide them with online mobile lottery services in the future. The company is also in talks with China Mobile to provide mobile payment services allowing its lottery subscribers to easily access their lottery accounts.

 

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XCLL:US $0.01 USD +0.0028

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Industry Analysis

XCLL

Industry Average

Valuation XCLL Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 10.7x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 7.3x
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XCELMOBILITY INC. Financials
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10-Q for XcelMobility, Inc.
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XCELMOBILITY INC. Files SEC form 10-Q, Quarterly Report
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XCELMOBILITY INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Principal Of
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XcelMobility, Inc. Receives Lottery License in China
[Marketwired] - XcelMobility, Inc. , a leading mobile internet application development and marketing company, today announced that it received a Sport Lottery License from the Fujian Administration of Sport and Gaming ...
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XCELMOBILITY INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements
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XCELMOBILITY INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Definitiv
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XcelMobility, Inc. Announces Acquisition of Online Lottery Business in China Further Leveraging Its Established Online Business Platform
[Marketwired] - XcelMobility, Inc. , a leading mobile internet application development and marketing company, today announced that it has entered into an agreement to acquire Silver Creek Digital's Online Sports Lottery ...
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XCELMOBILITY INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Stat
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Xcelmobility Inc. Adds Proven Lottery Professional as CEO
[PR Newswire] - PALO ALTO, Calif., July 9, 2015 /PRNewswire/ -- Xcelmobility, Inc. (XCLL), a leading online lottery service provider in China, today announced the appointment of Wei Zhixiong as chief executive officer of the Company's China subsidiary, Shenzhen CCpower Corporation. Mr. Wei brings more than 15 years of relevant industry experience to his new role having previously built and sold one of China's leading mobile lottery companies. "We welcome Mr. Wei's experience and leadership to the Xcelmobility family," said Ronald Strauss, Executive Chairman of Xcelmobilty. "Mr. Wei is eager to reproduce his past success at quickly growing a profitable and successful lottery company in China.
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XcelMobility, Inc. Launches Lottery Alliance Partner Program
[PR Newswire] - PALO ALTO, Calif., June 8, 2015 /PRNewswire/ -- XcelMobility, Inc. (OTCBB: XCLL), a leading online lottery service provider in China, today announced its Lottery Alliance Partnership program. The Company ...
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XcelMobility Launches Wi-Fi Lottery Network in China
[PR Newswire] - PALO ALTO, Calif., May 28, 2015 /PRNewswire/ -- XcelMobility, Inc. (XCLL), a leading online lottery service provider in China, today announces the launch of Afterburner, XcelMobility's innovative new Wi-Fi networking platform allowing mobile users and lottery players to easily and quickly connect to the company's online lottery and advertising portal. Afterburner Wi-Fi nodes will be installed in lottery and phone card kiosks throughout China creating a true national Wi-Fi network.
  Read More...
Xcelmobility Inc. Announces Expansion of Lottery Business
[PR Newswire] - PALO ALTO, Calif., May 18, 2015 /PRNewswire/ -- XcelMobility, Inc. (XCLL), a leading online lottery service provider, today updates investors on lottery business market in China. In January of this year the Company announced the strategic decision to focus the company on its online lottery opportunity. The company is proud to announce that we have completed the transition and we are now expanding our facilities and services to keep up with the demand in China. The company is now fully operational to meet the needs of online lottery players in China.
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Xcelmobility, Inc. Enters into Strategic Partnership with China Mobile Limited
[PR Newswire] - PALO ALTO, Calif., April 21, 2015 /PRNewswire/ -- Xcelmobility, Inc. (OTCQB: XCLL, OTCBB: XCLL), a leading online lottery service provider, today announced that it has signed a strategic partnership agreement ...
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XCELMOBILITY INC. Files SEC form 10-K, Annual Report
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XCELMOBILITY INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
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XcelMobility, Inc. Announces Lottery Business Expansion
[PR Newswire] - PALO ALTO, Calif., Feb. 3, 2015 /PRNewswire/ -- XcelMobility, Inc. (OTCQB: XCLL, OTCBB: XCLL) ("Xcel" or the "Company"), a leading online lottery service provider, today announced it will focus the company's resources on the fast growing online lottery business in mainland China. Over the past 3 months the company has redeployed all corporate resources to grow and expand the online lottery business. Redeploy all engineering and service resources to expand our online lottery offerings. XcelMobility's mobile lottery business is now fully online and servicing mobile lottery customers in China.
  Read More...