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Re: A deleted message

Thursday, 07/06/2017 5:22:47 PM

Thursday, July 06, 2017 5:22:47 PM

Post# of 2624
YOU ARE PREACHING TO THE CHOIR! Everything Schramm has "announced" has been shown to be complete crap! I was even pointing this out here on IHUB, as the Canadian company's President or CEO, I can't remember which, was touting "the wonders of LightSheets"! IMO, Schramm "re-appeared" a few months back, because the SEC or some other regulator may have been inquiring about his BS! Schramm announced a new theater initiative to give the impression that XLIT was a "real" business, not the sham that had been apparent for months! Since the flourish, Jimmy-Boy has once again disappeared!

On March 9, 2017 XLIT issued a press release to announce that James Schramm was giving James Schramm 65,000,000 XLIT shares. Schramm claimed that he had previously returned the shares to the XLIT treasury, but reconsidered and decided to take them back! LOL...whatta guy! Now looking for the PR, it has been removed from OTC Markets and Yahoo's XLIT page. Fortunately it was indelibly recorded here on IHUB! Schramm could be in "hot water", because he never filed a Form 4, reporting the acquisition of the shares, as REQUIRED BY THE SEC! Also, the OTC Markets XLIT Profile page has not been updated to reflect 65,000,000 newly Outstanding shares. Has Schramm now sold the shares and is attempting to conceal the evidence? If the transfer agent hasn't gotten paid and is unwilling to disclose any information, the investors will remain in the dark. IMO...Schramm might well have been desperate for cash, thus the March "reincarnation" of the PURPORTED LightSheets theater application testing and the personal 65,000,000 share gift!

Here is my very first IHUB XLIT post from January 23, 2016:

rawman Saturday, 01/23/16 02:07:44 PM
Re: Village man post# 225

This company is a complete joke
and yesterday's afternoon GIANT DUMP only supports this notion. XLIT went from a morning high of $1.46 to losing enough to bounce at .90 in the early afternoon. Anyone reading the 8-K/A has to be "boggled"! James Shramm of Bosch received 25,000,000 XLIT restricted shares, which at $1.00 per share equals $25mm, as compensation to execute the reverse merger with XLIT. Then Shramm purchased 50,000,000 XLIT shares for some unknown amount in a private deal, thus he now controls 75% of the outstanding shares and is the XLIT CEO AND ONLY MEMBER OF THE BOARD OF DIRECTORS! And to give this some perspective, Bosch, led by Shramm, had NO REVENUE, VIRTUALLY NO ASSETS, and NO BUSINESS STRATEGY TO ACQUIRE! Sure sounds like this might be worth the 25,000,000 SHARE XLIT GIFT. LOL! Indeed XLIT is a complete joke, working to financially crush the retail shareholders!

HMMM...I AM THINKING "SCAM"! ONE CAN SEE THIS ONE A MILE AWAY!


BTW...the XLIT website is pretty much kaput! The "About Us" tab is "currently being updated"! What is so new that an update is needed? The link for more information goes to the Bosch Technologies site. If you are theater and are interested in purchasing based upon some "mystery" reason, the pricing page looks to have been done by a third grader!

I PLAN TO CONTINUE MONITORING XLIT, HOPING TO STEER POTENTIAL NEW INVESTORS AWAY FROM "DONATING" TO SUPPORT SCHRAMM's PERSONAL SOCAL LIFESTYLE!

BTW...there have been a unusually high number of penny stocks recently suspended by the SEC. Could XLIT be next? The company hasn't filed a financial report since the period ended February 29, 2016. As of May 31, 2017, XLIT IS OVER ONE YEAR LATE IN ITS FINANCIAL FILINGS! This blatant delay in filing can be a HUGE RED FLAG for the SEC!

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