Xalles Holdings Inc. (OTC:XALL)
Breaking News - June 20, 2018
Xalles Holdings Inc. Acquires
Assets of USA Savings Club
WASHINGTON, DC -- June 20, 2018 -- Xalles Holdings Inc. (OTC:XALL),
a company focusing on accelerating fintech companies, leveraging blockchain
technology for financial reconciliation, and payment auditing solutions,
recently completed an Asset Purchase Agreement for the acquisition of 100% of
the assets and intellectual property of www.usasavingsclub.com, a consumer
discount shopping club and fundraising service.
Xalles will create a new wholly owned subsidiary to operate an international
network of savings clubs based on the USA Savings Club design. The original
management team will be part of the new subsidiary and lead the U.S team. Xalles
will provide additional resources for domestic growth and international
expansion.
USA Savings Club has agreements with thousands of name brand merchants which
establishes the base for expansion within the first few regions around the U.S.
National brands and local merchants will participate in the program by offering
discounts to consumers while supporting local schools and other not-for-profit
organizations. Xalles expects to leverage the synergy between this company and
the other consumer commerce and payment subsidiaries that are already part of
the Xalles family of companies.
“This acquisition gives Xalles the ability to combine strengths of a few of our
subsidiaries to offer consumers a way to shop locally at a discount while
helping non-profit organizations in their fundraising through a passive and
year-round method,” said Xalles CEO, Thomas Nash. He continued, “We believe the
combined offering through our existing and new distribution channels will change
the way people shop in their local communities.”
Xalles Holdings will continue to search for complementary acquisitions to
enhance the consumer’s local shopping and eCommerce experiences.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holdings company that focuses on direct investments in
disruptive fintech companies. The company actively seeks acquisition targets
with solid management teams and business models, large total attainable markets
(TAM), and lucrative exit opportunities to invest and accelerate growth in.
Recently, the company has placed emphasis on leveraging blockchain technologies
to provide industry-leading financial reconciliation and auditing solutions,
which will allow for the capture of recurring revenue streams over time. For
more information visit: http://xalles.com
Visit us at Investors Hangout: https://investorshangout.com/Xalles-Holdings-Inc-XALL-91200/
Investors Hangout is the only authorized investors blog page for Xalles Holdings
Inc.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In some cases, you can identify
forward-looking statements by the following words: "anticipate," "believe,"
"continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan,"
"potential," "predict," "project," "should," "will," "would," or the negative of
these terms or other comparable terminology, although not all forward-looking
statements contain these words. Forward-looking statements are not a guarantee
of future performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or results will be
achieved. Forward-looking statements are based on information available at the
time the statements are made and involve known and unknown risks, uncertainty
and other factors that may cause our results, levels of activity, performance or
achievements to be materially different from the information expressed or
implied by the forward-looking statements in this press release. This press
release should be considered in light of all filings of the Company that are
contained in the Edgar Archives of the Securities and Exchange Commission at
www.sec.gov and in OTC Markets at www.otcmarkets.com
Contact:
Investor Relations Contact:
Xalles Holdings Inc.
xall@i-businessmanagementllc.com
SOURCE Xalles Holdings Inc.
Xalles Holdings Inc. Preparing
Audited Financial Statements for Planned Uplist
WASHINGTON, DC -- May 29, 2018 -- Xalles Holdings Inc. (OTC:XALL),
a company focusing on accelerating Fintech companies, leveraging Blockchain
technology for financial reconciliation, and payment auditing solutions, today
announces a significant step in its business strategy through creating
additional investor opportunities and liquidity.
During the month of June Xalles will be working with its third party PCAOB
certified Auditor (Public Company Accounting Oversight Board) to audit the
historical financial statements of the companies that Xalles has recently
acquired during the past 6 months in addition to the Xalles Holdings financial
statements.
The goal of the auditing work that will begin in early June is to enable the
company to return to its previous status of fully SEC Reporting. This step will
be taken in preparation for the company’s plan to Uplist Xalles to the OTCQB
(OTC Markets Quotation Board). The company’s specialized SEC counsel is working
with the Xalles management team to prepare the appropriate registration
statements and other required documentation. The OTCQB market includes higher
standards of transparency and will help Xalles accomplish two of its goals of
shareholder liquidity and attraction of new investment capital. The company
expects the Uplist process to be completed by August 2018.
The company is also exploring the options for a dual listing on an international
exchange once the OTCQB Uplisting process has been completed. This will provide
greater global investor access to the company’s securities.
Xalles Holdings will continue to work in parallel to the auditing and Uplisting
processes by acquiring new assets and assembling a team of skilled operators.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holdings company that focuses on direct investments in
disruptive Fintech companies. The company actively seeks acquisition targets
with solid management teams and business models, large total attainable markets
(TAM), and lucrative exit opportunities to invest and accelerate growth in.
Recently, the company has placed emphasis on leveraging Blockchain technologies
to provide industry-leading financial reconciliation and auditing solutions,
which will allow for the capture of recurring revenue streams over time. For
more information visit: http://xalles.com
Visit us at Investors Hangout: https://investorshangout.com/Xalles-Holdings-Inc-XALL-91200/
Investors Hangout is the only authorized investors blog page for Xalles Holdings
Inc.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In some cases, you can identify
forward-looking statements by the following words: "anticipate," "believe,"
"continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan,"
"potential," "predict," "project," "should," "will," "would," or the negative of
these terms or other comparable terminology, although not all forward-looking
statements contain these words. Forward-looking statements are not a guarantee
of future performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or results will be
achieved. Forward-looking statements are based on information available at the
time the statements are made and involve known and unknown risks, uncertainty
and other factors that may cause our results, levels of activity, performance or
achievements to be materially different from the information expressed or
implied by the forward-looking statements in this press release. This press
release should be considered in light of all filings of the Company that are
contained in the Edgar Archives of the Securities and Exchange Commission at
www.sec.gov and in OTC Markets at www.otcmarkets.com
Investor Relations Contact:
Xalles Holdings Inc.
xall@i-businessmanagementllc.com
Source: Xalles Holdings Inc.
Xalles Holdings Inc. Reduces
Float by More Than 50 Percent
WASHINGTON, DC -- May 22, 2018 -- Xalles Holdings Inc. (OTC:XALL),
a company focusing on accelerating fintech companies, leveraging blockchain
technology for financial reconciliation, and payment auditing solutions, today
announces a significant reduction in the number of outstanding and free trading
shares of common stock.
Xalles has recently retired 27,000,000 free trading shares, which reduces the
free trading float from 53,800,000 shares to 26,800,000 shares, resulting in a
50.19% reduction. This also results in a corresponding reduction in the total
number of outstanding common shares from 79,520,000 to 52,520,000.
Information about these reductions on OTC Markets will be reported directly
through the transfer agent in the coming days. These recent steps taken are part
of Xalles’ promise to increase shareholder value by reducing the number of
outstanding shares. This work began last month when Xalles announced on April
25, 2018 that it had reduced the number of outstanding common shares by
180,000,000.
Xalles Holdings will continue to work and build its shareholder value, an
effective management team and acquire strategic assets.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holdings company that focuses on direct investments in
disruptive fintech companies. The company actively seeks acquisition targets
with solid management teams and business models, large total attainable markets
(TAM), and lucrative exit opportunities to invest and accelerate growth in.
Recently, the company has placed emphasis on leveraging blockchain technologies
to provide industry-leading financial reconciliation and auditing solutions,
which will allow for the capture of recurring revenue streams over time. For
more information visit: http://xalles.com
Visit us at Investors Hangout:
https://investorshangout.com/Xalles-Holdings-Inc-XALL-91200/
Investors Hangout is the only authorized investors blog page for Xalles Holdings
Inc.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In some cases, you can identify
forward-looking statements by the following words: "anticipate," "believe,"
"continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan,"
"potential," "predict," "project," "should," "will," "would," or the negative of
these terms or other comparable terminology, although not all forward-looking
statements contain these words. Forward-looking statements are not a guarantee
of future performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or results will be
achieved. Forward-looking statements are based on information available at the
time the statements are made and involve known and unknown risks, uncertainty
and other factors that may cause our results, levels of activity, performance or
achievements to be materially different from the information expressed or
implied by the forward-looking statements in this press release. This press
release should be considered in light of all filings of the Company that are
contained in the Edgar Archives of the Securities and Exchange Commission at
www.sec.gov and in OTC Markets at www.otcmarkets.com
Contact:
Investor Relations Contact:
Xalles Holdings Inc.
xall@i-businessmanagementllc.com
Source: Xalles Holdings Inc.
Xalles Holdings Announces
Transitioning Corporate Structure
WASHINGTON, DC -- May 1, 2018 -- Xalles Holdings Inc. (OTC:XALL),
a company focusing on accelerating fintech companies, leveraging blockchain
technology for financial reconciliation, and payment auditing solutions, today
announces a status update on its corporate structure transition.
Xalles posted an OTC Markets disclosure on April 6, 2018 indicating that based
on the SEC definition of a "shell" that Xalles Holdings had ceased to be a shell
based on events in the 4th Quarter of 2017 and the 1st Quarter of 2018. The
disclosure links can be found here as reference:
https://www.otcmarkets.com/stock/XALL/disclosure
https://backend.otcmarkets.com/otcapi/company/financial-report/190362/content
As a result of the disclosure statement, OTC Markets removed the "shell"
indicator from the company's profile. There is currently an indicator on the OTC
Markets site for the XALL profile displaying "Shell Risk". This is an automatic
indicator based on the most recent financial statements filed by the company. We
expect this indicator to be automatically removed when the company files its
Quarterly Financial Statements for 1st Quarter and 2nd Quarter of 2018. Xalles'
fiscal year is the same as the calendar year.
Xalles Holdings will be soon announcing new executive team appointments during
May as the company continues working to perform against its business plan.
About Xalles Holdings Inc. (OTC PINK: XALL)
Xalles Holdings Inc. is a holdings company that focuses on direct investments in
disruptive fintech companies. The company actively seeks acquisition targets
with solid management teams and business models, large total attainable markets
(TAM), and lucrative exit opportunities to invest and accelerate growth in.
Recently, the company has placed emphasis on leveraging blockchain technologies
to provide industry-leading financial reconciliation and auditing solutions,
which will allow for the capture of recurring revenue streams over time. For
more information visit: http://xalles.com.
Visit us at Investors Hangout: https://investorshangout.com/Xalles-Holdings-Inc-XALL-91200/
Investors Hangout is the only authorized investor's blog page for Xalles
Holdings Inc.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In some cases, you can identify
forward-looking statements by the following words: "anticipate," "believe,"
"continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan,"
"potential," "predict," "project," "should," "will," "would," or the negative of
these terms or other comparable terminology, although not all forward-looking
statements contain these words. Forward-looking statements are not a guarantee
of future performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or results will be
achieved. Forward-looking statements are based on information available at the
time the statements are made and involve known and unknown risks, uncertainty
and other factors that may cause our results, levels of activity, performance or
achievements to be materially different from the information expressed or
implied by the forward-looking statements in this press release. This press
release should be considered in light of all filings of the Company that are
contained in the Edgar Archives of the Securities and Exchange Commission at
www.sec.gov and in OTC Markets at www.otcmarkets.com.
Contact:
Investor Relations Contact:
Xalles Holdings Inc.
xall@i-businessmanagementllc.com
SOURCE: Xalles Holdings Inc.
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About Xalles Holdings Inc.:
Xalles Holdings Inc. (the “Company”) was formed in the State of Nevada on
December 14, 2009, as Stella Blu, Inc. On August 21, 2015, the company changed
its name to Xalles Holdings Inc. and is an OTC Pink company. The parent and
wholly owned subsidiary (collectively “Xalles”) provide payment consulting
services along with providing direct investment to payment solution companies.
As a wholly owned subsidiary of Xalles Holdings Inc., Xalles Limited provides
payment solutions consulting services to clients. Clients range from banks to
payment companies to IT firms supporting the financial supply chain.
Xalles has delivered projects for large corporations as well as small businesses
that are trying to achieve international success.
PROJECT EXAMPLES INCLUDE:
• Launching prepaid and credit card programs
• eCommerce product design and implementation
• Design of mobile payments and other merchant solutions
• Launching financial rewards programs
• Designing and implementing G2B and B2B procure to pay solutions
• Designing and implementing intergovernmental (G2G) financial reconciliation
• Strategy development for firms solving International trade finance and supply
chain finance challenges
ArrowVista Corporation is a wholly owned subsidiary of Xalles Holdings Inc.
ArrowVista specializes in prepayment and post-payment auditing services. This
includes freight payment audit, personal property (household goods) payment
audit, flight passenger audit and payment recovery. These services are available
to Government agencies and corporations.
AUDIT RECOVERY SERVICES
This service, able for G2B and B2B transactions, compares buyer purchase orders
against seller invoices and customer
receiving
reports for completed transactions. This post-payment audit service utilizes
proprietary tools for historical data comparisons, and then provides clients
reports of exceptions, including over-payments, that do not meet the auditing
rule standards.
POST-PAYMENT AUDIT SERVICES
This service compares freight bills against bills of lading for completed
shipments. This post-payment audit service utilizes proprietary tools for
waybill rating and historical data comparisons, and then provides clients
reports of exceptions, including over-payments, that do not meet the auditing
rule standards.
PRE-PAYMENT AUDIT SERVICES
This service provides auditing of freight bills against bill of lading
expectations. The service utilizes proprietary tools for waybill rating and data
comparisons, to provide clients a dashboard and reports of exceptions that do
not meet the auditing rule standards prior to the buyer (shipper) making payment
to the transportation service provider.
> POST-PAYMENT AUDIT SERVICES
Save by identifying double billing, improper payments, undocumented charges,
incorrect rates.
The pre-payment and post-payment auditing of procurement and payment
transactions such as these transaction types:
• Freight payment
• Personal property transactions
• Passenger airline travel
• G2G financial reconciliation
• G2B and B2B payment transactions
• G2B and B2B products and services
> FINANCIAL TRANSACTION RECONCILIATION SOLUTIONS
X2X is our proprietary Blockchain-based solution supporting Investment &
Financing Systems, and Operational Financial Transaction Reconciliation.
Xalles provides payment and financial transaction management solutions through
our proprietary Blockchain-based X2X technology.
INVESTMENT & FINANCING SYSTEM (IFS):
• Supports Complex Investment Structures (revenue sharing, profit sharing, debt
and equity)
• Assists International Investment Consortia
• Links to our FTR solution to maintain financial integrity in the investee’s
operations
FINANCIAL TRANSACTION RECONCILIATION (FTR):
• Supports complex financial ecosystems
• Easier for parties to exchange products, services, grants, government
incentives
• Assists “Exchange Managers” with liquidity and auditability
> INVESTMENT & FINANCING
Direct investment in an innovative project or company that meets our investment
criteria.
SOURCE: http://licoenergymetals.com/
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This release contains "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E the Securities
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