XLI Technologies Inc. (fka XLIT)

[philwil]

EXPLAINED!!! No, you are not reading it right.

Don't believe the first thing you read. If you want to actually become a good investor or trader, you need to learn how to go to sources.

That's why I'm so good at trading and why I know all this stuff. I always go to source.

If someone says something, I ALWAYS VERIFY.

Here is the RM TRANSACTION EXPLAINED

First, you need to know what a reverse merger is. Here is a quick summary from Investopedia. It is a less time-consuming and less costly alternative than the conventional IPO, which is important for small growing companies like XLIT.

Now that you have some background, you need to understand this:

Before Jim Schramm took over the company, the stock was basically worthless. It was a defunct exploration company. The shares were effective worth $0.

Here is the first filling of the transaction, which is a CHANGE IN CONTROL filing, stating that the control of the company has shifted to Jim Schramm. Here is the filing. READ IT.

Now that you have read that, it is time to go through the next filing, which is an 8K disclosure that has a lot going on in it. This is where you see the exchange of 50M shares for $20,000.

YOU CAN DO THIS TOO IF YOU WANT. There are plenty of publicly traded penny stocks that you can go and buy 50M shares for $20,000 if you want! Go ahead! Go and do it. If you think it is such a good deal, go and buy a public shell. LOL. Now you will own 50M shares of nothing, basically a defunct company.

SO WHAT MAKES THE SHARES VALUABLE AFTER A CHANGE IN CONTROL?

That's the question you need to ask.

And the answer is so brutally simple, if people would just read the filings or even a have a basic grasp of what an RTO transaction is it would be obvious.

After a change in control, THE ASSETS OF THE PRIVATE COMPANY ARE BROUGHT IN TO THE PUBLIC COMPANY.

That's it. AND THAT IS WHAT HAPPENED!

This is still on the VERY FIRST PAGE of the 8K filed!!!!!

Anyone asking this question or repeating this misinformation hasn't even read past the first DAMN page of the 8k!

I am being harsh because this is pure ignorance.

Here is the filing. READ IT.

Here is the important quote:

On October 20, 2015, the Company entered into a Share Exchange Agreement ("Share Exchange") with Bosch International, LLC, a Nevada limited liability company ("Bosch"), whereby the Company acquired 100% of the issued and outstanding membership interest of Bosch, in exchange for Twenty-Five Million Restricted shares of the Company's common stock. Accordingly, Bosch became a wholly-owned subsidiary of the Company and the business direction of the Company has shifted to the business of Bosch. Bosch holds the exclusive rights in the USA and Canada to distribute LightSheets (printed Light technology/nano printed Lights) for the entertainment sector.

So at the end of the transaction, we basically have:

1. FIRST, 75M shares given to Mr. Schramm.

2. SECOND, An entire company (Bosch) GIVEN to the public company PLUS $20,000 in cash.

This all happened at the same time BEFORE ANY TRADING AT ALL.

Once that transaction was complete, XLIT was a completely different company. The shares are no longer worthless and no longer represent a defunct Mining company run by some unknown CEO.

The SHARES NOW REPRESENT ownership in a company with exclusive rights to LightSheets and is under the control of a near billionaire CEO.