Today’s Filing Alert: Why Sino Secure International (Holdings) Ltd Reported Big Xcelmobility Inc Position?

Today's Filing Alert: Why Sino Secure International (Holdings) Ltd Reported Big Xcelmobility Inc Position?

The New Sino Secure International (Holdings) Ltd Holding in Xcelmobility Inc

Sino Secure International (Holdings) Ltd filed with the SEC SC 13D form for Xcelmobility Inc. The form can be accessed here: 000149315216014081. As reported in Sino Secure International (Holdings) Ltd’s form, the filler as of late owns 32.32% or 13 shares of the -company.

Xcelmobility Inc stake is a new one for the and it was filed because of activity on October14, 2016. We feel this shows Sino Secure International (Holdings) Ltd’s positive view for the stock.

Business Profile

XcelMobility Inc. (Xcel) is engaged in lottery business, which aggregates and processes lottery purchase orders, deriving revenue from service fees paid by local sports lottery administration centers for the purchase orders of sports lottery products directed to such centers. The Company offers a suite of online lottery services in China. It has developed an integrated fulfillment platform that enables it to service and support multi- provincial contracts for the fulfillment of welfare and sports lottery tickets through a single interface. Its mobile platform enables it to deliver white-label mobile application solutions to interested companies seeking to leverage their client bases. The mobile platform allows users to connect through its mobile cloud network. Its services include Individual Lottery Purchase, Lottery Pool Purchase, Automatic Tag-along Purchase and Recurring Purchase. It provides online purchase services for sports lottery products and welfare lottery products.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

It is down 6.00% since September 17, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.

XcelMobility Inc. is engaged in lottery business, which aggregates and processes lottery purchase orders, deriving revenue from service fees paid by local sports lottery administration centers for the purchase orders of sports lottery products directed to such centers. The company has a market cap of $792,640. The Firm offers a suite of online lottery services in China. It currently has negative earnings. It has developed an integrated fulfillment platform that enables it to service and support multi- provincial contracts for the fulfillment of welfare and sports lottery tickets through a single interface.

More notable recent XcelMobility Inc (OTCMKTS:XCLL) news were published by: Streetinsider.com which released: “Form 3 XcelMobility Inc. For: Oct 14 Filed by: Pan Lei” on February 01, 2001, also Prnewswire.com with their article: “General Employment Enterprises, Inc. Appoints Jack Zwick of Zwick & Banyai …” published on May 22, 2014, Seekingalpha.com published: “PCAOB Bans Auditor Of Last Resort” on June 02, 2016. More interesting news about XcelMobility Inc (OTCMKTS:XCLL) were released by: Seekingalpha.com and their article: “Petrosonic Energy Inc. Set Up To Enrich Insiders While Burning Naive Investors?” published on January 27, 2013 as well as Businessinsider.com‘s news article titled: “Job openings surge to highest level since 2001” with publication date: February 10, 2015.

XCLL Company Profile

XcelMobility Inc. (Xcel), incorporated on December 27, 2007, is engaged in lottery business, which aggregates and processes lottery purchase orders, deriving revenue from service fees paid by local sports lottery administration centers for the purchase orders of sports lottery products directed to such centers. The Firm offers an integrated suite of online lottery services in China. It has developed an integrated fulfillment platform that enables it to service and support multi-provincial contracts for the fulfillment of welfare and sports lottery tickets through a single interface. The Company’s mobile platform enables it to deliver white-label mobile application solutions to interested companies seeking to leverage their client bases. The mobile platform allows users to connect through its mobile cloud network throughout China. The network is connected to its application and processing servers to fulfill lottery orders.

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