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(ADV) OTCBB: XCNT A Company On The Rise


From: industrynews20022002
Subject: (ADV) OTCBB: XCNT A Company On The Rise
Date: Sun, 14 Jul 2002 00:26:36 -0500

 The Wall Street Stockwatch

 THE COMPANY: XENICENT INC. (OTCBB: XCNT)
 SYMBOL:XCNT  
 52 WEEK HIGH: $2.50  *INNOVATIVE TECHNOLOGY COMPANY
 52 WEEK LOW: $0.15  *LED DISPLAY SYSTEMS
 MARKET CAP: $7.5M  *STRATEGIC MERGERS & ACQUISITIONS
 APPROX. FLOAT: $.4M  
 RECENT PRICE: $0.50  

 Company Background

 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.

 XCNT Growth Strategy

 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.

 Conclusion
 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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 OTCBB: XCNT

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