The Company has created a Fintech Accelerator Program within which 3 wholly owned subsidiaries are operating. The Company expects to generate revenues and related cash flows from the sale of products and services from those companies and the permanent Xalles companies. The goal is to sell or spin out the companies in the accelerator program when they are deemed ready.
XALL canceled Preferred shares to purchase Gateway Innovations Limited.
By my account near 16M are remaining to clear, we absorb those shares and .01 is around the corner.
Some are correct in expecting a huge PPS correction. As we move forward XALL is beginning to roll out revenue streams and attempt to create 20M in revenue a year through the acquisitions
PPS target of .042 to .056
The following corporations are all 100% owned by Xalles Holdings Inc.
? Xalles Capital Inc.
? Xalles Technology Inc.
? BlockForge Inc. (to be dissolved as IP/assets have already been transferred into Xalles Technology Inc.)
? Xalles Limited
? ArrowVista Corporation (to be dissolved as IP/assets have been transferred into Xalles Limited Inc.)
? Xalles Financial Services Inc.
? Co-Owners Rewards Inc.
? Amazing Living Enterprises Inc.
? Global Savings Network Inc.
As of February 14, 2020, Xalles Holdings acquired 100% ownership in Gateway Innovations Limited, of Accra, Ghana, closing the share exchange agreement that was entered into on January 4, 2020. As part of the agreement, the Gateway shareholders shall receive 25,000,000 restricted common XALL shares, which shall be issued at the earliest convenience. As of the date of this report the shares had not yet been issued.
LYC Mortgage, LLC has built a strong reputation as an outstanding mortgage company, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the states of MA, CT, SC, TX and CA. The company is an FHA Unsupervised Title II lender and a nationally approved as a USDA Lender. LYC is delegated to underwrite, close and fund loans.
LYC Mortgage, LLC (NMLS ID #1443) www.nmlsconsumeraccess.org is an Equal Opportunity Lender and licensed as a Massachusetts Mortgage Lender/Broker License #MC1443; Connecticut Mortgage Lender License #ML-1443; Texas - SML Mortgage Banker Registration; California licensed by The Department of Business Oversight under the California Residential Mortgage Lending Act #603L253; South Carolina BFI - Mortgage Lender/Servicer License #MLS-1443.
