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Village man

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Village man

Re: philwil post# 382

Tuesday, 02/02/2016 12:43:28 PM

Tuesday, February 02, 2016 12:43:28 PM

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Not a given these shares will be cancelled at all.

On the press release headline it reads: XLI Technologies, Inc. files to Increase Authorized Shares, Eyes Cancellation of Common Stock

https://finance.yahoo.com/news/xli-technologies-inc-files-increase-110000715.html

This tells me they are pondering the idea, toying with the possibility. Nothing concrete in the way of actually cancelling has been made that I have seen yet.

All my posts are OPINION only. Never buy or sell securities based on my opinion.

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