XLI Technologies Inc. (fka XLIT)

[rawman]

* Facilitate a loan from a private investment fund to pay for the following: payoff and settle all convertible notes (no conversions), pay for "In House Legal (1 attorney), accounting and administration (1 exec.), Sales dept./facilitation/distribution opportunities (2 execs.), Pay expenses to bring company to current active reporting status.

JAMES SCHRAMM HAS NO GRIP ON REALITY! Check it! Schramm is proposing to hire at least FOUR "EXECS", using money from where? A LOAN? OMG...REALLY? This doesn't even include paying off the current convertible debt or paying to achieve "active reporting status"! Wonder if the SEC has contacted Schramm regarding XLIT's filing delinquencies? It is certainly possible!

How much money ya lookin' for Jimmy-boy? ALOT???

XLIT HAS NEVER SUCCESSFULLY DELIVERED ON EVEN ONE SINGLE ANNOUNCED PROJECT! Who in the world would consider loaning Schramm money? EVEN HIGHLY TOXIC DEATH SPIRAL FINANCING IS A STRETCH, AS XLIT MAY NOT BE AROUND LONG ENOUGH FOR THE LENDER TO TAKE ADVANTAGE OF THE EXTREMELY FAVORABLE TERMS, i.e. 50% to 70% DISCOUNT ON A CONVERSION!