XLI Technologies Inc. (fka XLIT)

[DrContango]

because of the s-1

Sylvia, XLIT is nowhere near bankruptcy.

The S-1 is an SEC registration to enable the good folks that loaned Mr. Schramm money at egregious terms to sell the shares (that they acquired by exchanging the debt for purchase at a very deep discount) to the public.

The first tranche will convert in several weeks. There will probably be a prolonged pump to maximize the price.

The pps hit .081 last week meaning that the max conversion price will be .0486/share, I believe.

Perhaps, the price might pop into this pump. But, IMO, this will be trading below .0009 by September when the first tranche of series B preferred converts.

The facts are found in the SEC filings. The press releases and the paid promotions are based on fantasy and conjecture.

With all due respect, Sylvia, I believe that you have fallen in with a bunch of professional cons, into a tank of sharks... If I were you, I would sell what you have, stare at the image below and repeat again and again:



I WILL NEVER BUY PENNY STOCKS
I WILL NEVER BUY PENNY STOCKS
I WILL NEVER BUY PENNY STOCKS...






Doc