On March 9, 2017 James Schramm distributed a Press Release, announcing XLIT was giving him 65,000,000 restricted company shares, i.e. Schramm was giving himself 65 million shares. There has never been an SEC Form 4 filed to indicate Schramm personally owns the shares. IMO this might well be another of Schramm's serious delinquencies. James Schramm has previously been delinquent in reporting personal stock transactions and the recent "gift" of 65 million shares appears to be another one!
I plan to take a few minutes to contact the SEC regarding the delinquent financial filings and the probable late personal stock transaction report(s). James Schramm's antics have gone on long enough!
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