$XSPT NEWS - Key acquisitions coming soon! http://www.globenewswire.com/news-release/2019/08/13/1901313/0/en/XSport-Global-Inc-Received-Correction-Letter-From-Wyoming-Secretary-of-State.html
Wyoming Secretary of State Entered Incorrect Shares
CHARLOTTE, NC, Aug. 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- XSport Global, Inc. (OTCQB: XSPT) discovered on August 10, 2019, that the Wyoming Secretary of State had inadvertently entered the wrong number of shares of the Company’s authorized common stock. The Secretary of State’s website indicated that the Company had authorized an amendment to increase the number of shares of common stock to 5 trillion shares. However, this was a clerical input mistake made by the Secretary of State which immediately fixed the error to the correct number the Company had in fact authorized 5 billion. A copy of this letter from the Secretary of State follows the Press Release. The Company would like to reassure its shareholders that it did not authorize an increase to 5 trillion shares and immediately took steps to ensure the correct capitalization was showing on the Secretary of State’s website.
The authorized increase of additional shares has been created for upcoming expansions and acquisitions. XSport Global is currently in discussions with a few potential key acquisitions that have large member bases, technology and revenue in the sports industry; details to be announced in September. In addition to this exciting news, XSport Global has the next HeadTrainer beta test completed and research studies will be executed later this year.
About XSport Global, Inc.
XSport Global, Inc. (OTCQB: XSPT) is a leading youth and collegiate sports technology and media holding company focused on developing disruptive sports-centric technologies and related media projects around the world, where sports industries and players are highly regarded. Backed by a roster of professional athletes and brand ambassadors, we seek to help athletes achieve their full potential through cognitive training, careers, genetics, recruiting and more. Our flagship company HeadTrainer, Inc. was established to create, develop, promote, market, produce, and distribute online/mobile application cognitive training tools initially intended for the youth, millennial and adult sports markets. The mobile platform was designed and developed in careful coordination with a team of professionals from the fields of science and medicine, and world-class athletes from a variety of sports. Visit www.xsportglobal.com and www.headtrainer.com for more information.