XSport Global Inc. (fka XSPT)

[Not_on_the_rug]

Doubt it. Cat is out of the bag. This is truly just noteholders converting.

Here is what happened:

Note holders started converting at around .003 a few weeks ago (check the 8k and 10Q for proof that notes started converting in June)

There was a pretty big buy on one of the days in July. Who knows if it was orchestrated or not.

Traders saw 10M shares show up on their volume scans

Led to a few days of intense buying and then a controlled walk sideways for a few weeks. Then a couple more cycles where they let it trade and it made it to $0.01+ All to keep the interest up

And the entire time, it looks like noteholders were pushing roughly 5M to 10M shares into the market at an average of $0.007 - $0.01. Don't have any proof of this other than looking at the daily volume.

Then somebody "finds" the 5 Trillion (actually 5 billion) A/R increase and the stock craters.

Haven't seen one press release from the company since the volume on this thing started. It really does look like it was held up by traders looking for volume (which was actually just dilution) and telling themselves a bedtime story about that silly small time agency that the company acquired.

Kind of feel cheated that they got some of my cash without even coming up with a cool pump story. c'est la vie.