XLI Technologies Inc. (fka XLIT)

[SakartveloChan]

That's good to hear! But I suppose I'm definitely never getting my $300 back.... Oh well, it was a lesson very well learned.....

[Renee]

XLIT registration revoked:

https://www.sec.gov/litigation/admin/2019/34-85217.pdf

[jjjstockwiz]

The only positive from this entire sordid affair is that if Schramm has to now rely on bogus pumps to try to unload shares, he most likely is broke. While Schramm was the face of this scam the Spanish fellow who initially sold Schramm the shell company was the person who made the most money during the pump phase. I’ve been told by people who bought stock directly from Schramm, that Schramm was just a puppet in this whole thing and the Spanish guy was really pulling the strings. If this is the case I suppose Schramm will be making another visit to bankruptcy court shortly.

[jjjstockwiz]

The only positive from this entire sordid affair is that if Schramm has to now rely on bogus pumps to try to unload shares, he most likely is broke. While Schramm was the face of this scam the Spanish fellow who initially sold Schramm the shell company was the person who made the most money during the pump phase. I’ve been told by people who bought stock directly from Schramm, that Schramm was just a puppet in this whole thing and the Spanish guy was really pulling the strings. If this is the case I suppose Schramm will be making another visit to bankruptcy court shortly.

[jjjstockwiz]

The only positive from this entire sordid affair is that if Schramm has to now rely on bogus pumps to try to unload shares, he most likely is broke. While Schramm was the face of this scam the Spanish fellow who initially sold Schramm the shell company was the person who made the most money during the pump phase. I’ve been told by people who bought stock directly from Schramm, that Schramm was just a puppet in this whole thing and the Spanish guy was really pulling the strings. If this is the case I suppose Schramm will be making another visit to bankruptcy court shortly.

[rawman]

Agree with the entire post! Good incite! Over time Schramm made a number of public statements that were supposed to pump the share price, but his completely bogus previous claims did him in!

[jjjstockwiz]

Rawman you obviously were right on Schramm not spending the money to bring the company current. It bothered me why he would make the first announcement at all. The only conclusion I can come up with is that in Schramm’s deluded mind he thought making the bogus announcement would revive interest in the company and possibly drive up the stock price where he could unload more of his shares. Unfortunately for James that ship has already sailed and everyone already knows it was a scam with him the head scamster.

[jjjstockwiz]

Middle December and still not a word or SEC filing to be found. Schramm obviously didn’t have any intention of bringing the company current as he said, but it is still a mystery why he made the announcement in the first place. If the regulators were causing him heat, you would think they would still be doing so 2 months later. We all know that Schramm is a lying scammer but this just doesn’t make sense. Today 500 shares bought for $1 also makes no sense since the commission was likely 5 times that amount. The trade likely was made by Schramm to give the illusion that the company is still viable.

[SakartveloChan]

I'm with you, and it looks like our shares finally hit .000! Wow, officially worthless, although we've known it for a year and a half. I hope the criminal gets his due very soon!

[SakartveloChan]

I'm with you, and it looks like our shares finally hit .000! Wow, officially worthless, although we've known it for a year and a half. I hope the criminal gets his due very soon!

[rawman]

Jimmy boy is just plain scared and reaching for straws at this point.

No disagreement from here! IMO...the PR's have been issued in an attempt to placate somebody, probably the regulators! It's a cinch that Schramm is not going to cough up the funds to produce the late financial reports! FYI...accountants and auditors are precluded from taking shares in lieu of cash! We shall see!

[jjjstockwiz]

Rawman why would Schramm even bother to put out the PR releases if he was planning to de-register The company with the SEC? He could have just done nothing like he’s done for the past 3 years and de-registered. Maybe there is a law enforcement aspect to this that is not yet public. I know of many shareholders who filed complaints with the SEC and it’s possible Jimmy boy is just plain scared and reaching for straws at this point. Only time will tell but I for one will gladly have my stock go worthless if that means Schramm goes to prison.

[rawman]

The latest announcement yesterday said due to technical accounting problems the reports will not be ready until beginning of December.

How classic is this??? On October 12, 2018 James Schramm distributed a Company-authored PR to say the annual AUDITED financial statements would be transmitted by October 31, 2018! Putting together an AUDITED annual report takes time and money! For example, any SEC-reporting company is given a minimum of 90 days to produce an annual report and XLIT is missing three of them! As of October 12, Schramm should have known XLIT's status!

Now, less than three weeks later, the reports have been delayed for at least another 30 days! If Schramm was "clueless" with 18 or 19 days to go, how could he possibly know what will happen 30+ days down the road? BTW...to actually be deemed current, not only are the audited annual reports due, i.e. the SEC Forms 10-K, but the missing quarterly reports, i.e. the SEC Forms 10-Q, also need to be transmitted to the SEC. XLIT is now missing three 10-K's and seven or eight 10-Q's. I know of a OTCQB company that took 18 months to accomplish a similar update! In this particular case the cost approached $200,000! There is no way in hell XLIT is ever going to pay $200,000 to get current!

IMO...XLIT WILL NEVER FILE ANOTHER SEC QUARTERLY OR ANNUAL AUDITED FINANCIAL REPORT!

I would speculate that XLIT could easily choose to voluntarily de-register with the SEC, thus walking from all of its SEC reporting obligations and the investor protections afforded by the SEC. It becomes a "free-for-all" and the company commonly reports basically nothing to its investors! We shall see!

[jjjstockwiz]

The latest announcement yesterday said due to technical accounting problems the reports will not be ready until beginning of December. How long can it take to fill out reports that every line is -0-? The only line that is likely not zero is the line reporting the salary of the CEO.

[rawman]

New press release at xlitech.com. Going to be current by Oct 31

"Las Vegas, Oct 12, 2018 - Chairman & CEO of XLIT, James Schramm States, 'We are finishing up the 2016 and 2017 audit and planning on XLIT to be in current reporting status on OTCQB no later than Oct. 31, 2018, with a new corporate address."

Does it ever stop? It looks like the investors have been treated to another James Schramm lie!

Considering there is a healthy price tag associated with preparing an SEC Form 10-K, i.e. an audited financial statement, there was little to no chance that Schramm would actually deliver on his commitment to the investment community!

I am speculating the SEC is probably all over Schramm's fat butt and Jimmy-Boy is scrambling to avoid the consequences!

Since Schramm became the CEO of XLIT, the Company has NEVER filed a fiscal year-end audited financial report. The last one filed was for fiscal 2015 and covered the period ended May 31, 2015. This suggests XLIT is THREE YEARS IN ARREARS IN PRODUCING ITS AUDITED FINANCIAL STATEMENTS! The fiscal 2018 10-K was due no later than September 15, 2018 and this assumes an NT 10-K filing, which of course did not occur! Actually, there has NEVER been an NT filing since the last Q was filed in April 2016! The SEC has got to be just a little pissed off!

IMO...IT IS VERY POSSIBLE THAT XLIT WILL BE DE-LISTED BY THE SEC, WHICH WILL BE THE "KISS 'O DEATH" FOR THE SHAREHOLDERS/BAGHOLDERS! A DE-LISTING SAYS THE SHARES CAN NO LONGER BE TRADED! WITH A DE-LISTING POST BY THE SEC, THE XLIT SHARES WOULD EFFECTIVELY BECOME WORTHLESS!

Can you say "WALLPAPER"?

[Artd]

Did anybody even notice the pop yesterday on light volume? I have almost forgotten about this stock even though i am sitting on a bunch of shares

[Berd]

New press release at xlitech.com. Going to be current by Oct 31

[jjjstockwiz]

I guess schramm left the building long ago. I know there have been a multitude of SEC complaints filed against schramm and the xlit company as well. No idea if there is a criminal investigation but many of the complaints included evidence of stock manipulation. We can only hope that the US government will arrest schramm and the Spanish prior owner who received the bulk of the ill gotten gains.

[rawman]

Another sad story in OTC Land! Perhaps it is just my "impression", but it appears the SEC might be getting a bit more aggressive regarding delinquent filers. I feel compassion for those who continue to hold XLIT! I have twice experienced a similar fate, i.e. "been there, done that"! These scams are the primary reason I have personally chosen to post as a contrarian on a few OTC IHUB Boards!

IMO...James Schramm, and others of his ilk, should be hung by their privates! One would hope the SEC can find enough evidence of a scam to allow pursuing Schramm with both civil and criminal actions!

As an aside, the recent spate of "suspensions" should serve as a reminder that the under-staffed SEC does in fact endeavor to protect the investors! In addition to the companies that are extremely delinquent in filing, those that "choose" to DE-REGISTER with the SEC should immediately be deemed "SCARY"! Run away and run away fast!

[TenKay]

XLIT SEC Suspension

https://www.sec.gov/litigation/suspensions/2018/34-83286.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-83286-o.pdf

Admin Proceedings

https://www.sec.gov/litigation/admin/2018/34-83285.pdf

[jjr04001]

Went in at .0065. I think something could be brewing $XLIT

[Tryan2]

Not funny dude. I lost a fortune

[tysonross4]

I'm going to be brutally honest. Whoever is on here saying things like something big is happening, is only working on the behalf of the scamming James Paul Schramm.

This is not a real company. I personally know 2 people that have RECENTLY filed with the SEC. As soon as this joke feels the heat, they start trading their own shares to show volume and activity. It's NOT real. Listen to me, it's not REAL.

What happen to boschmediacorp.com ? GONE The last press release yeas 2 years ago!

Nothing will ever come of anything. Schramm is a drug user. He's a junkie. He was part of a big stock heist year ago and now he's performed his own.

Anyone who believes anything that comes from his mouth is an absolute retard. 2 year audit LOLOLOL. No press until then. IT"S BEEN TWO YEARS ALREADY SINCE PRESS!

He is a scammer and so is everyone else that works with him.

You wanna hear the news we received from Schramms mouth? He had to sell his house to keep XLI, he had to sell all his cars to keep XLI, he had to sell all this to keep a company that has $0.00 revenue. Oh but WAIT A MIN!!!!! I thought he was a billionaire? I thought he had 30, 40 50 100Million?

HE"S A BROKE JUNKIE DRUG USER. That is the god damn truth. Period.

Tyson

[Derf11]

I talked with the the CEO, James Schramm, this morning. He said that things were moving forward including preparations for a two year audit of XLIT's financials. He also indicated that there probably would be no PR until after the audit is finished. That is all I was able to get from him about XLIT.

[DREAM BIG]

loving the recent action on the PPS .. IMO best time to jump back in before it hits several pennies ...

[DREAM BIG]

Gearing for a bull run? Xli Technologies Inc (XLIT) Moves 38.30% For Week

?January 22, 2018 ?Elena Sutton

Xli Technologies Inc (XLIT) shares are showing positive signals short-term as the stock has finished higher by 38.30% for the week. In taking a look at recent performance, we can see that shares have moved -22.62% over the past 4-weeks, -69.05% over the past half year and -30.85% over the past full year.

Investors often have to figure out how aggressive they want to be when getting into the stock market. There are individuals who may have had some initial success based on random luck, but diving without preparation can leave investors on the short end of the stick in the long run. Investors may be tempted by the next hot stock that is being talked about around the water cooler. Investors might not realize how risky a certain stock may be, and they may find out that the over performer has already made the run. Doing all the homework may involve tracking technicals, fundamentals, current economic data, and earnings releases. Putting in the time to do the proper research may help the investor see profits down the road.

Currently, Xli Technologies Inc (XLIT) has a 14-day Commodity Channel Index (CCI) of 107.04. The CCI technical indicator can be employed to help figure out if a stock is overbought or oversold. CCI may also be used to aid in the discovery of divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal.

Tracking other technical indicators, the 14-day RSI is presently standing at 51.10, the 7-day sits at 65.09, and the 3-day is resting at 88.28 for Xli Technologies Inc (XLIT). The Relative Strength Index (RSI) is a highly popular technical indicator. The RSI is computed base on the speed and direction of a stock’s price movement. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI value will always move between 0 and 100. One of the most popular time frames using RSI is the 14-day.

[DREAM BIG]

Perfect time to average down and buy more ... upward trend started .. :)

[DREAM BIG]

100 % Something BIG is up .....

[MRJ9]

I wonder why the sudden attention here the past few days.

[DREAM BIG]

BID RISING SLOWLY ........

[DREAM BIG]

Some positive action happening lately !!! 100K buy this morning

[Kwhfm]

Honest question Have any of you actually talked to Schramm or reached out looking
For answers ??????

[DrContango]

SCHRAMM BANKRUPTCY FILING, PAGE 1





Doc

[DrContango]

SCHRAMM BANKRUPTCY FILING

Posted by nodummy April 2016 on DD/Fraud board:

http://promotionstocksecrets.com/wp-content/uploads/2016/02/ScrammBankruptcy.pdf

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122210952

(read replies and complete thread)



reposted on this board:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122288178





Doc

[Benchilds]

my email is [e-mail]
I don't know how to email you

[dickrollins]

Look for attachment. You can also please email them to me. I'll private reply.

[Benchilds]

I have Schramm's 2015 bankruptcy filings but do not know how to post them

[Benchilds]

I have Schramm's bankruptcy filing, but do not know how to post it

[jjjstockwiz]

After 2 days of zero volume I guess schramm was concerned so he sold 100 shares to show the stock wasn't halted. After commission the trade nets out -5.75.

[dickrollins]

From my heart, and behalf of everyone we know that sent schramm money to his Henderson Wells Fargo bank account, its true. There's no way in hell we wouldn't. Did it online. Many questions. White and black screen like paper. ??

[jjjstockwiz]

Dick if that is true, I stand corrected. We are actually on the same team as I have helped to have over 50 individual investors file SEC complaints against Schramm, XLIT, and Traders Choice. Funny how the traders choice emails have stopped for the past 8-9 months. Even though I lost only a little amount of money in this, I stand for what is right, and seeing people who steal hardworking individuals money brought to justice. Hopefully in the end once schramm completes his prison sentence, he will be too broke to hire a new bankruptcy attorney.

[dickrollins]

When did I ever say we didn't? We filled with the Sec for the total amount invested by us and our others. Also, spending $1000's more to sue this moron would be a waste of money and time. There were a number of filings with the sec in the form of complaints for total amounts of money.

Also, I just read that the sec is investigating schramm, xlit will stop trading. Public is cautioned and he is close to being arrested for fraud. Once this takes place, it's makes sueing much easier?

[jjjstockwiz]

Just a simple question Dick, if Michael and the rest of your group were hoodwinked as such why did you never try to sue schramm or even alert the SEC to the improper and probably illegal private stock sales? Seems to me if Michael was truly screwed over he would have sued XLIT and schramm to try and recoup the lost money. Because you never took action I take what you say with less than a grain of salt.

In addition, your continued defense of this Michael guy indicates to me that he was somewhat if not totally involved in this scam. It's possible that schramm screwed him over but it's very possible that his initial intention was larcenous. More than likely Michael was the source of some of the traders choice $1.2 million used to pay for the pumping of the stock. Schramm may have screwed him over with restricted stock and thus the posting here offering to sell his stock privately, or the stock crashed so suddenly that Michael wasn't able to sell all that he received. You see Dick, innocent people do not have to continue to defend themselves as you are doing and my guess is that you are indeed Michael who is beginning to feel the heat from the various regulatory agencies investigating this $100 million dollar fraud.

[dickrollins]

There you have it friends. I'm speaking the truth. Michael is a good, honest solid person with no ties to any bs. We were in high belief of the product and schramm. We put many things on the line and kept believing. Although there was doubt we kept working hard to make it right. Ultimately there was no chance. To make things even more wonderful a POS in Michael's home town who sells cars, most likely jealous of Michael and holds a personal vendetta went out and said michael ripped everyone off. Again small town, useless garbage from a jealous person filled with hate. There isn't a scamming bone in his body. We did everything right. The bs that we had to take over and deal with because of scharms bs is astrononical. We come with the truth and nothing more. It's very unfortunate that someone of good faith and sincerity had to make business relation with such a crook. Glad you all are seeing his information. We should have posted it months ago! But we just didn't know. TBH we still don't really know. It's hard.

[sylvia07]

You are right I checked its lots on distributors on cru global innovators schramm is not known for telling the truth he would be sueing if he had exclusive rights.

[jjjstockwiz]

He's right Sylvia there are a host of companies selling printed lightsheets, with Bosch being one. I guess schramm saying he had exclusive rights in the USA is just another big lie. Go to crugi.com and click on distributors and it will show you all the companies selling the same product as XLIT/Bosch. Maybe schramm can sue these other companies since they violated his exclusive rights contract.


XLIT (XLI Technologies, Inc.)

XLI Technologies, Inc. (Ticker: XLIT) holds the exclusive rights in the USA and Canada to distribute LightSheets (printed Light technology/nano printed Lights) to the entertainment and automotive industries. Lightsheets is a pure, clean, non-toxic, waterproof, shock proof, sealed light created with only Nanotechnology.[/

[sylvia07]

Ok, thanks so much for that I am going to try it

[dickrollins]

Hi Sylvia, I can't believe nobody knows if this. As we started spending time investigating it was all in the open. All in the clear. It's so simple. Go to the cru global site, it may the the triton solar site, one of them, click distributors. You'll see 5-7 come up including BOSCH. Click any of the others and it'll bring you to there site. You'll clearly see tons for sale at $1 prices. It's a joke.

[jjjstockwiz]

From my understanding there was another larger group of people from California who also bought stock directly from schramm for .30/share with a 6 month lockup period. From reviewing XLIT's SEC filings it does not appear that schramm ever disclosed these private sales to the SEC as required. This group from California sent schramm much more than $5-10K with some investing in the $50K area. These are the people who are the most pissed off as many were supposed close friends of schramms.

[jjjstockwiz]

He may be onto his next scam but this one is far from over. Due to work responsibilities I have been quite busy these past 6 months. Recently I phoned the SEC office in NYC and spoke to a case agent who was not very forthcoming with information. When I asked if the shareholders would be happy with the outcome of their's and the FBI's investigation all he said was the people who lost money will be very satisfied when the case comes to its resolution. The civil and criminal investigations are ongoing and schramm is far from the clear. I doubt anyone ever recoups their lost investments but the principles of this scam will pay with their freedom for the sins they committed.