Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I took it as they are not proceeding with any further investments in the platform or company at this time. They’re still a subsidiary, but aren’t going to invest the capital in the loyalty stuff that they were initially planning to.
Let’s hope we see what we’re looking for with Q2. I know they mentioned financial targets won’t be affected, but is that for full year, or each Q along the way? We will see.
Regardless of whatever the answer is there, we’re due for a serious market cap increase. We need the guys Slim always talks about to let this thing run.
Your last sentence is very important. It's obvious that Nash forgets he has shareholders that he needs to keep updated and provide value to. Every response I get from David is regarding "not wanting to put out fluff," yet they apparently have so much going on. Kind of hypocritical, if I do say so myself. If there is so much going on that they're working so hard on, why is there nothing more than "fluff" that they'd be able to provide a PR for?
Regardless of what companies say, they definitely take into account the shareholder viewpoints; especially when it's the large majority. The news isn't much, but let's hope this continues! I think it's a good move to not invest so much into department stores, physically, but maybe they're working on expanding the customer platforms to use more broadly. We can only hope we see some value soon.
"The company assures shareholders that this alteration will not impact the projected financial performance for the fiscal year 2023."
https://www.otcmarkets.com/stock/XALL/news/Xalles-Holdings-Updates-Investment-Strategy-for-Xalles-Commerce-Business-Group?id=407945
I’ve heard a response from David. Don’t expect anything early. I will say, I’m happy with the mindset and “officialness” but I’d like more awareness to the stock. Twitter is and will be their official communications channel to avoid being perceived as “fluff”, per David.
It would be nice to see it early along with proper PR and guidance. We're starving for some attention here, which they drastically need to figure out going forward.
It wouldn't surprise me if they take the whole time to 8/15
If it’s gonna run, we’re going to need a lot more than just a good 10Q for Q2. Nash is gonna need to get off his ass in the PR game. Radio silence since conference call, not encouraging.
Curious what’s going through Nash’s head as we sit almost 50+% lower than we were when he gave the shareholder call. Needs to wake the hell up here.
I will say that Nash and team better have some damn good news and PRs flowing soon, because this is unacceptable.
I agree, they need to show the numbers if they're not going to inform the market. But, I'm not sure they have any fire under them when it comes to keeping shareholders updated. Radio silence since shareholder meeting (minus a few tweets). He may see that we need acquisitions, but who the hell will know about them unless they PR and tell the market the details. Posting 10Qs with some business updates and Subsequent Events info isn't enough. At all. They need to be providing significant updates on the progress of the deals, ETCs, and $ projections. Let's see if they clearly see anything when it comes to shareholder value in the future.
They have so many opportunities for official news or PR, yet they only tweet to their 850 followers. I hope they release news strategically and not in a single consolidated PR when the time comes. Let the market digest each update! Hopefully it’s soon.
Do you think that, if Nash did anything to take action, this would be mitigated for XALL? Obviously, this is a widespread issue, but seems like maybe management could try to do something to protect (or, in this case, find a hint of) shareholder value?
Imagine thinking 3MM volume at .005 VWAP is a bad thing given where this has been. LOL, these boards are hilarious. Sure, it’s annoying to wait and, for y’all that are salty, it’s fun and easy to be chicken little, but come on.
Newer, yeah. But from reading the board I feel like a seasoned vet, lol.
Regardless whether we know what’s to come or not, this is painful to watch.
Imo, if they were serious about shareholder value, these tweets with significant info would be converted to PRs that are accompanied with financial projections and material synopsis of the underlying businesses’ progress thus far.
I get all the reasons they’re not PR-ing (money, don’t have compiled info, whatever), but that’s what they need to start doing to get the market aware of the juggernaut of a holding company in the making.
Again, just my opinion.
I agree. I’ve posed that question to Tom and David and have yet to get a response.
Even better if we could get those numbers audited and really solidified.
Weird part is that they organized all of that info on their own into a doc/image/whatever and then tweeted it out multiple times. Also didn’t tag $XALL, which is just odd to me. How do they expect this strategy to work?
Happy Friday, y’all.
My wife gave birth to our second child yesterday, first daughter, and I can’t wait for XALL to pay for all of their future some day!
Let’s have another good day!
Another thing again.
To be honest, the Fluent case doesn’t matter to me, because it has 0 bearing on the CE. All it did was make MF admit what many were speculating.
This current Fluent case means nothing to current shareholders and if anyone thinks good things will come from any proceeds they may win, then I’m at a loss.
I appreciate y’all posting the “positives” but I’m done with this one.
I’ve already wasted 2+ years on being hyped on this potential. I’m done reading between the lines in order to try and find positives here, or having others try to convince me this is a good bet. I, again, admire your ability to pretend we’re in a good spot, but he’s had how long to prove to investors he’s on the right track?
I’ll be hoping CE comes off and I can sell in 2023.
Let’s get this running! We had multiple posts this week show what the true value (right now) and the potential value (with acquisitions and revenue growth), so let’s make them get this price up there. It wants to move so bad.
You’re not off base at all. And that’s what many here are asking themselves, but seems to be a question for Tom and team. Why does no one know about this company?
Just because I don’t think this is being led by a competent leader, doesn’t mean I sold or won’t wait to make my money back. I just don’t believe anything significant will come of this, outside of maybe a post-CE-pump. He said himself he has and had no operations. Folks can try to spin that however they want, but they’re his own words.
Exactly the section that changed my tune. What a POS.
Let’s hope. He did caveat all of those numbers with the fact they have to do things right. I’m not gonna get my hopes up too too high and get burned, but I’m optimistic. Like you said, need to see the Qs.
Agreed. I have no idea wtf it will take for Tom to figure it out. How many times do we need to ask and bring it up to them?
I don’t think they were made up, obviously they were real entities, but I do think his eyes were bigger than his stomach. He had great hopes and plans, he just doesn’t know how to execute. That’s putting it nicely, at least.
This. This is exactly what I was talking about. Idc about the FTH stuff, I care about the information we gathered before they even got to the FTH contracts. He is just a terrible businessperson and I no longer have much hope for him, but maybe we will get lucky.
I’m gonna skip over the contract arguments, if you don’t mind. I think we’re maybe referencing different points of contention.
In terms of the operations, I meant his subsidiaries of CATV. He basically stated that he couldn’t get anything running and none of them had anything going on. He didn’t even really know what he acquired in Corporation Clinic other than some distribution of something or other. That’s the type of stuff that really flipped the switch for me. Seeing him say there’s nothing going on (even before Fluent’s failure to pay, because I don’t want people to keep using that excuse) and most of these stopped pre Fluent anyway.
I’m glad he will most likely win this lawsuit, because he desperately needs funds. But, then, because us shareholders are SO fortunate (obviously), we still have to wait and see what happens with Svorai. LOL.
I’ve been defending and praising MF, albeit objectively, since December 2020 and have been burned at the stake in the telegram annd ST multiple times, and I am just tired. To see some of the items he said in that depo was very frustrating and now I’m just gonna let it play out how it will. More of a stoic approach.
You, my friend, have shed a lot of light and helped many get a lot more familiar with this company and current happenings, and I appreciate you doing so.
You thought wrong. I don’t cry wolf, like some.
Glty.
I admire your continued defense of MF and agree the Fluent is “technically in the wrong” as well, but I am not invested in Fluent or FTH. I’m invested in CATV and would’ve expected MF to be the one to iron out the contract and make sure he knows 100% of the details for his dream opportunity.
Yes, his dream was to have something he contributed to with MMJ. This was that. Regardless of semantics, or his actual involvement, this was a deal he could say he produced. It’s his farm and his team, right?
Contracts are contracts and his cannabis knowledge should be more than adequate to get a contract written to the extent that he knows what he must provide in order to get paid. Contracts are written so that EXACT terms are explicitly established. Did he hit those numbers or terms?
Anyway, I’m not spending anymore energy talking about MF or CATV. Seeing the truth, in writing, about how poor of a business he was running changed my tune for sure. I’ll sit and wait to see wtf happens with any of this shitshow and sell these shares whenever I can. Godspeed.
His badly timed sense of humor aside, immigration lawyers still understand contracting and the “letter of the law.” MF finally got his dream deal for MMJ (what he’s been dreaming of since he started) and essentially had to do nothing on his end and didn’t ensure that the terms were iron clad and 100% understood by both sides. He technically is in the wrong by assuming anything when it comes to a legal contract.
All of that also aside, I do believe they tried/are trying to screw him with the strain (Rigel vs Otto II) and the contamination lab results and the whole situation. We can only wait to see how this and Svorai cases play out. The psoriasis cream and Craft Cannabis are our only hope, it seems.
Need to refresh a few times. I had to read it on my laptop; couldn’t get past first page on my phone.
With MF being a lawyer who “perfected” his craft, how is there ANY misunderstanding to terms of the contract? Quite the predicament there for a perfect lawyer.
He said they redlined the service agreement 10 or so times and the lease basically not at all, so how was there any discrepancy to what FTH was paying and what MF was receiving? The way I interpreted the verbiage they spoke about was actually that MF was in the wrong and owes them a certain standard and can’t just get paid if it doesn’t meet those qualifications, but could also just be the way their lawyer worded it. The $300k vs $100k three times shouldn’t really matter too much imo.
Anyway, it’s so stupid that this is even an issue. MF should’ve made sure the most important part of the contract - payment terms - was iron clad in understanding. Yet, here we are.
To be honest, it was a genuine question. I’ve never actually interacted with FINRA or SEC and my only experience is usually disgruntled traders blowing smoke about “class-action” this or “I emailed this person” that and they don’t actually do anything.
I don’t think anyone at the company is responsible, outside of limited effort to raise awareness, and it’s easy to see the manipulation. I’m just waiting for something to happen when concrete numbers continue to get released.
Do you truly expect a response or change in action?