AI
Sunday, May 03, 2020 12:42:22 AM
XALL DD PACKAGE May 2nd 2020 ~
Share Structure
Market Cap 4,038,286 05/01/2020
Authorized Shares 2,000,000,000 05/01/2020
Outstanding Shares538,438,109 05/01/2020
FLOAT 221,400,000 04/01/2020
ASSETS UP to 7 MILLION FROM 600 K in a Q!!! https://twitter.com/tvestor3/status/1256809854284554241?s=21
FROM 1-A FILED MARCH 26th 2020
Maximum offering of 600,000,000 shares at $0.005 per share or 3,000,000 shares at $1.00 per share
https://www.otcmarkets.com/stock/XALL/security
Twitter https://twitter.com/xalles1
http://Xalles.com
https://atntrading.co/register https://www.otcmarkets.com/stock/XALL/news/Xalles-Announces-Partnership-with-ATN-Trading-to-Expand-Distribution-of-Powerful-Crypto-Trading-Engine?id=240924
Investors Deck ~ https://drive.google.com/file/d/103wRO-Elb8_cQLSiG6TlzvK-GnBkF65W/view
https://www.minervaworks.com/our-clients
MINERVA WORKS 12.4 BILLION CONTRACT AWARDED
CHARTS
RECENT COMPANY TWEETS
Industry News: The Coronavirus Outbreak Means An Opportunity For Fintech Companies COUGH TOKEN COIN LAUNCH COUGH http://ibn.fm/W8uXN #fintech
Xalles
@xalles1
·
Apr 29
$XALL MinervaWorks has signed a new sales channel referral agreement for generating additional sales of The Brick. The website is being updated for new sales tools. Great industry reaction to this innovative product and service. #XALL, #MinervaWorks
https://twitter.com/xalles1
Apr 1
Xalles completed the closing of the MinervaWorks Holdings, Inc. acquisition on March 31, 2020 as planned and originally announced in the March 19th news release link below. #XALL
https://otcmarkets.com/stock/XALL/news/Xalles-Holdings-to-Acquire-MinervaWorks?id=256906
Xalles
@xalles1
·
Apr 1
$XALL Xalles releases additional details about Q1 progress and Q2 plans. See link for details. #XALL, #fintech
https://otcmarkets.com/stock/XALL/news/Xalles-Holdings-Q1-Updates-and-Q2-Plans?id=258173
Xalles
@xalles1
·
Apr 1
$XALL On March 31, Xalles Holdings filed its Disclosures, Annual Report and Financial Statements for year ending December 31, 2019. Xalles expects to file Q1 Report and Financial Statements during April. #XALL, #fintech
Mar 26
$XALL Xalles Holdings filed form 1-A with the SEC this week to seek qualification of a new public offering of up to $3 million in a Reg A Tier I stock offering. #XALL, #fintech
Xalles
@xalles1
·
Mar 26
$XALL Xalles has received a Letter of Interest from Continuation Capital, an institutional investor, to potentially fund all or part of this Tier I offering and part of a subsequently planned Tier II offering. continuecap.com. #XALL, #fintech
Home
CONTINUATION CAPITAL™ Continuation Capital Structures, funds, and manages Reg-A equity raises, and restructures debt, for publicly traded companies. Client Login Contact: Info@continuecap.com
continuecap.com
Xalles
@xalles1
·
Mar 26
$XALL Xalles Holdings will use funds raised through this offering towards growing the business of the existing operating subsidiaries, debt repayment, and additional acquisitions. #XALL, #fintech
RECENT NEWS ~ http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200427:nGNX6qTqsd Notice the last two PR were on all the wires ?
WASHINGTON, DC, April 27, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE ? Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announces its first quarter results and outlook for the remainder of fiscal 2020. Xalles deemed the first quarter a success given its accomplishments, but more importantly, sets up the company to grow faster for the remaining quarters of 2020.
Q1 Results
Xalles Holdings released its first quarter (ending March 31, 2020) Quarterly Report and Financial Statements last week on April 22, 2020. The highlights of that report include:
~$243,929 in Q1 revenue, which is the highest quarterly revenue
~$107,968 in Q1 net income
~Large increase in assets and liabilities which is primarily due to the acquisition of MinervaWorks Holdings, Inc. becoming a wholly owned subsidiary
~Completed the closing of the Gateway Innovations Limited acquisition on February 14, 2020
~Completed the closing of the MinervaWorks Holdings, Inc. acquisition on March 31, 2020
~~~MINERVAWORKS, LLC, HAS BEEN SELECTED AS A TEAMING PARTNER TO PRIME CONTRACTOR S4 INC. THE AWARD POTENTIAL IS $12.1 BILLION ITES-3S CONTRACT BY US ARMY
THIS IS A MASSIVE https://guruobserver.com/2019/s4-inc-selected-minervaworks-as-teaming-partner-on-12-1-billion-ites-3s-us-army-contract/
https://twitter.com/TVestor3/status/1249752764453920768?s=20
~Filed a Form 1-A (Reg A Tier I public offering) to the SEC on March 24, 2020 for the ability to sell shares in a price range of $0.005 to $1.00 per share
Currently there are 538,438,109 XALL common shares issued of which 221,400,000 are free trading, and no remaining 3(a)10 settled shares have been held in reserve since January 30, 2020
Blockchain and Tokenization
Xalles continues to develop the X2X blockchain-based platform for financial transaction reconciliation and is also exploring the tokenization of assets. Xalles has the opportunity to partner with companies providing Security Token Offering (STO) services for international expansion and is performing its due diligence.
Next month, Xalles will be conducting an extensive analysis with a Top 100 Cryptocurrency company that provides turnkey tokenization services including Token Issuance (STO), Exchange and Liquidity, Integration and Custodian Services. Tokenization is the process of representing the securitization of real-world using digital tokens on a blockchain. The ultimate vision for the company is to create an Xalles or X2X related Token that can be traded on multiple global exchanges and support eCommerce platforms, eProcurement platforms, and rewards platforms.
Acquisition Plans
Xalles will continue to look for accretive and creative acquisitions of technology and financial services businesses. These will include companies with products and services designed to support the new economic conditions during periods of limited mobility and recovery. Xalles currently has a pipeline of 15 acquisition candidates and is in negotiations with 6 of those companies now. The businesses in which we are in negotiations with include eCommerce platforms, eProcurement, sales organizations, payment platforms, and cyber security companies. Xalles expects to announce 2 or 3 acquisitions during the second quarter of this year. >>>>>>
Business Development Expansion
MinervaWorks alone is expected to generate approximately $3 million in revenue in 2020 and significantly more in future years through expanded deployment of The Brick. The Brick is a unique piece of hardware loaded with proprietary software and supported by a national service center that can tap into a client’s network and probe everything about the organization’s IT assets.
MinervaWorks high-profile clients include the Georgia Aquarium, Caesars Entertainment in Las Vegas, and the Centers for Disease Control and Prevention (CDC). These projects showcase the capabilities of the technology and represent a level of assurance that this is a robust technology that can ensure high performance and network continuity. Xalles has a strategy to assist in the growth of sales of The Brick by expanding its sales channels. These new sales organizations will be used to help market and sell other Xalles company offerings as they are developed. The stay at home orders have exposed some of the vulnerabilities of stretching corporate networks beyond their originally intended uses. MinervaWorks’ product is uniquely suited to capitalize on this evolving “work at home” environment and has seen a considerable increase in interest in its products over the past couple of months.
Summary
The Xalles 2020 strategy continues to encompass geographic expansion, accretive acquisitions, and establishing platform companies. Xalles searches for opportunities with financial services or technology-based toll gates that can be established to create recurring revenues. The acquisition strategy also factors in the potential synergies with existing subsidiaries.
“The progress made during the first few months of this year, puts us on a sound financial footing to achieve profitability, and reach our 2020 financial goal of $4 million in revenue,” stated Thomas Nash, Xalles Holdings CEO. “We will achieve these results while ensuring the health and safety of all employees, contractors, and consultants, during this time of unprecedented business conditions. MinervaWorks is one of our largest acquisitions to date, and we will continue to demonstrate to shareholders our ability to find, vet, negotiate, and acquire other business assets that complement our technology and financial services centric business focus. We see great opportunity in this business climate and are fortunate to have a pipeline of existing acquisition candidates. As we successfully absorb acquisitions our ability to finance future growth should become easier. We are working through the process for our Reg A Tier I form 1-A to become qualified, but plan on using the capital markets sparingly as we balance between sales growth and potential dilution. The company is optimistic that it will be able to secure more traditional means of financing its growth and is committed to maximizing shareholder value and minimizing any potential dilution.”
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holding company that focuses on acquisition and support of disruptive fintech companies. The company actively seeks targets in which it can partner with or acquire to accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities. The company places emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit: http://Xalles.com
Investor Relations Contact:
Info@Xalles.com
www.Xalles.com
202.595.1299 Office
Corporate Communications:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com
Xalles Holdings Q1 Updates and Q2 Plans
Press Release | 04/01/2020
WASHINGTON, DC, April 1, 2020 -- Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announces a series of corporate updates from the first quarter of this year and additional information about its plans in the second quarter of 2020.
Xalles completed the closing of the MinervaWorks Holdings, Inc. acquisition on March 31, 2020 as planned and originally announced in the March 19 news release, which followed the execution of a Share Purchase Agreement on March 18. Xalles also closed the acquisition of Gateway Innovations Limited on February 14, 2020, which had been previously announced in a January 4 news release. These two first quarter acquisitions position Xalles to move forward towards our 2020 goals of achieving profitability and between $4-5 million in revenue for the year.
The Ghana Cyber City project under the recently acquired Gateway Innovations, has the potential to become a $200 million asset project. In 2020, Xalles Holdings expects to yield between $1-2 million in revenue from this wholly owned subsidiary. Xalles expects to continue the African technology and fintech expansion on the continent.
MinervaWorks is expected to generate $3 million in revenue in 2020 and significantly more in future years through expanded deployment of The Brick. The Brick is a unique piece of hardware loaded with proprietary software and supported by a national service center that can tap into a clients network probe everything about the organizations IT assets. A few of results realized from this process include identification of unknown rogue devices or unauthorized network access, IT asset audit, immediate identification of stolen or rogue devices as well as cyber security threats. The Brick can become a game changer for many companies and industries. During the current pandemic crisis, MinervaWorks will be offering a special network and cyber security assessment at a heavily discounted price to support all small and mid-sized businesses.
Xalles previously announced the execution of a Share Purchase Agreement with Kaden International Holdings Limited to acquire all of the ordinary common shares and all of the value of investments that Kaden International makes. As part of that agreement, Kaden International would acquire a stake in First Bullion Holdings Inc. First quarter travel and other business factors made it difficult to complete the required due diligence on time before the closing/termination date. The three companies are currently in further discussions to develop the best pathway forward to create a winning proposition for all parties.
On March 31 Xalles filed its 2019 Annual Report and Financial Statements with OTC Markets. Xalles expects to file the First Quarter 2020 Report and Financial Statements during April. Those financial statements will demonstrate the growing revenue in early 2020 and the company expects to see continued revenue growth throughout the year reaching profitability on an annualized basis.
Despite the current global crisis, Xalles continues to forge ahead with its business expansion plans through organic growth and acquisitions, while enabling all employees and contractors to work remotely and safely stated Thomas Nash, Xalles Holdings CEO. He added, our strategy is to expand our footprint in information technology services and financial services to support consumers, businesses and governments, while establishing new revenue producing financial toll gates. We are particularly excited about the benefits that MinervaWorks The Brick can provide in enhanced cyber security and network monitoring to business customers.
Our 2020 strategy continue to encompass geographic expansion, accretive acquisitions, and establishing platform companies. Xalles searches for opportunities with financial and technology toll gates that can be established to create recurring revenues.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets in which it can invest and accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities. The company places emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit: http://Xalles.com
Xalles Holdings to Acquire MinervaWorks https://www.minervaworks.com/
Press Release | 03/19/2020
WASHINGTON, DC and ATLANTA, GA, March 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Xalles
Xalles Holdings to Acquire MinervaWorks
Press Release | 03/19/2020
WASHINGTON, DC and ATLANTA, GA, March 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Xalles Holdings Inc. (OTC: XALL), a fintech holding company leveraging blockchain technology for financial reconciliation and payment auditing solutions, today announces that it has executed a Share Purchase Agreement to acquire 100% of MinervaWorks Holdings, Inc., an Atlanta based technology company.
Under the Share Purchase Agreement, Xalles Holdings Inc. will acquire all of the common shares of MinervaWorks Holdings, Inc., which in turn will wholly own the two subsidiaries, Minerva Automation, Inc. and MinervaWorks, LLC. The MinervaWorks main office is located a short distance from Truist Park, the home field of the Atlanta Braves baseball club. MinervaWorks has been providing technology solutions since 1986 when Minerva Automation was founded by Rodney Bowers. Mr. Bowers is an Electrical Engineering graduate, and throughout his esteemed career has earned several business and technology related certifications and awards including Six Sigma Champion. The combined MinervaWorks organization, which includes 11 full time employees, in this recession-proof business, will become a wholly owned subsidiary of Xalles Technology Inc.
MinervaWorks provides technology consulting, architecture, engineering, platform management and operational support to help clients bring their technology platforms up to date, leading to technological and digital transformation for their businesses. Their clients range from Caesars Entertainment in Las Vegas and the Georgia Aquarium in the Entertainment field to multiple hospitals and Centers for Disease Control and Prevention (CDC) in the Healthcare industry to multiple clients in the Financial Services industry plus other clients in a variety of industry segments.
MinervaWorks is managing technology services for clients that are at the heart of life preserving and lifesaving systems, as well as important fintech systems. One of the expected growth areas for MinervaWorks is through their product called “The Brick”. The Brick is a unique piece of hardware loaded with proprietary software and supported by a national service center that can tap into a client’s network probe everything about the organization’s IT assets. A few of results realized from this process include identification of unknown rogue devices or unauthorized network access, IT asset audit, immediate identification of stolen or rogue devices as well as cyber security threats. The Brick can become a game changer for many companies and industries.
“MinervaWorks is a very strategic and accretive acquisition for Xalles because of the people, clients, products and services that MinervaWorks brings to the Xalles family of companies,” explained Thomas Nash, Xalles Holdings CEO. He added, “Our team is excited to help expand the MinervaWorks services into new markets, bring additional artificial intelligence capabilities, and dramatically increase revenue through The Brick through new marketing and sales channels. In times of crisis, businesses see a rise in cyber security threats and MinervaWorks products and services protect businesses to ensure that companies and their IT operations can survive and thrive.”
MinervaWorks Founder and President Rodney Bowers stated, “MinervaWorks is excited about joining Xalles as a premier technology service provider. The Xalles / MinervaWorks relationship is growing and we expect to work together on several developing opportunities. By teaming with Xalles, we are confident in providing our deep experience in cloud architecture, migration and implementation services to an expanding user community. Coupled with our Brick technology, quick and accurate assessments of client platforms will enable our companies to become even more responsive to the changing needs of our clients.”
The agreement defines the closing date for this transaction as March 31, 2020. Details of the agreement include a series of buyout payments during a one-year period. The Founder and President of MinervaWorks Holdings, Inc. will continue in his role during an extended three-year transition period following the closing event. MinervaWorks, whose profitable 2019 included revenue that exceeded 2 million dollars, is expected to generate 3 million dollars in revenue in 2020 and significantly more in future years through expanded deployment of The Brick.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets in which it can invest and accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities. The company places emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit: http://Xalles.com
About MinervaWorks
MinervaWorks is an Atlanta, GA based technology company that focuses on The Brick application, Managed Services and IT Consulting. The Brick installed on a customer’s network, analyzes technology infrastructure, including end-user computing, systems, networks and cybersecurity, cloud enabled and virtualized, utilizing proprietary edge computing platforms. MinervaWorks is expanding its well-established customer base that includes Caesars Entertainment, Las Vegas Sands, Intercontinental Hotel Group, SITA and United Airlines. All of these companies are very excited and energized about the growth path centered around the Brick technology and the associated analytics. For more about MinervaWorks, please visit http://MinervaWorks.com
https://www.otcmarkets.com/stock/XALL/news/Xalles-Holdings-to-Acquire-MinervaWorks?id=256906
Xalles Holdings Updates and 2020 Strategy
Press Release | 02/18/2020
WASHINGTON, DC, February 18, 2020 -- Xalles Holdings Inc. (OTC: XALL), a fintech holding company leveraging blockchain technology for financial reconciliation and payment auditing solutions, today announces a series of corporate updates and additional information about its 2020 strategy.
Xalles is forging ahead in 2020 with a strategy that encompasses geographic expansion, accretive acquisitions, and establishing platform companies. Xalles searches for opportunities with financial toll gates that can be established to form recurring revenue streams. All of the targeted acquisition companies have this potential.
Geographic Expansion
The Ghana Cyber City project under the recently acquired Gateway Innovations, has the potential to become a $200 million asset project. In 2020, Xalles Holdings expects to yield between $1-2 million in revenue from this wholly owned subsidiary. Xalles expects to continue the African technology and fintech expansion on the continent.
Xalles European and Asian expansion will be led by the acquisition of Kaden International. Xalles is currently performing the due diligence related to the Share Purchase Agreement to acquire all of the ordinary common shares and all of the value of investments that Kaden International makes. As part of the agreement, Kaden International will acquire a stake in First Bullion Holdings Inc.
Xalles is also expanding into Latin America through acquisition and is currently in negotiations with the first South American acquisition target.
Accretive Acquisitions
First Bullion, which is part of the Kaden International acquisition, is building a next generation bank that already has established licenses and operations in banking, international remittance, finance leasing, deposit taking and virtual currency exchange. Their core operations are in Hong Kong, China and the Philippines. First Bullion aims to provide much faster and efficient cross border settlements and financing for business and personal banking customers. They enable seamless conversion of local currency to foreign currency and vice versa. That firm is already profitable and expanding through their own planned acquisitions.
In addition to First Bullion, there are a few accretive acquisitions that are in the negotiation process currently in the US. Xalles anticipates additional announcements about signed agreements during the first quarter of 2020 and throughout the year.
https://www.otcmarkets.com/stock/XALL/news/Xalles-Holdings-Updates-and-2020-Strategy?id=254095
Xalles Overview
Xalles Holdings Inc. (OTC:XALL)
Fintech Holding Company
Focus
Payment Systems and Technology Solutions
Primary Service Offerings
? Payment auditing
? Financial Transaction Reconciliation
? Commerce
? Investment and Financial Management services
? Technology architecture and managed services
Business Model
? Search for Fintech acquisition and growth opportunities (IP/systems/ licenses/companies)
? Acquire and place acquisitions into relevant program or subsidiary
? Grow new acquisitions with financial, management, and business development support
? Ongoing fundraising through equity and debt funding sources
? Create Progression or Exit Strategies for each acquisition
? Exclusive implementer of U.S. Bank’s PowerTrack service, from first transaction to world’s largest
transportation payment processing service ($20 billion annually)
? First to implement an enterprise wide payment system within the U.S. Department of Defense,
completed 2 years ahead of schedule
? First to design, develop, and host an independent MasterCard-branded system outside of the
MasterCard IT infrastructure
? Implemented a financial transaction reconciliation solution within the U.S. Department of Homeland
Security (U.S. Coast Guard)
Bio - Thomas W. Nash, Chairman and CEO
16
Thomas Nash is a change leader, business strategist and international
public speaker. He has led Xalles Holdings Inc. (OTC: XALL) since its
inception and public reverse merger in 2015. He led Xalles Limited and
its predecessor companies since 1996. Xalles Holdings is a Fintech
holding company, acquiring companies and strategic partners to drive
new revenue and asset appreciation within the financial technology
and payment industry.
Nash’s expertise is in the financial supply chain and payment services.
He has provided strategic business advice to more than 200 firms
worldwide from small firms to Fortune 500 firms and international
governments. Nash has helped launch successful start up ventures in
the payment, eCommerce and IT fields. He has also helped firms
expand into new international markets. His international marketing
seminars have been presented in many countries across 5 continents
to thousands of entrepreneurs and executives.
He led the implementation and operations teams for U.S. Bank to
implement the PowerTrack freight payment system in the U.S.
Department of Defense. For MasterCard, he led the design and
development team of the Intergovernmental Commerce Exchange
(ICE) which was implemented within the U.S. Department of
Homeland Security.
Bio - Paul W. Erickson, Director
17
For over 20 years, Paul has been at the forefront of the Digital
Transformation; helping clients to plan for and implement the
changes necessary as new disruptive technologies emerge in
Banking, Retail, and Technology. An innovative and collaborative
Executive known for building strong working relationships,
mentoring unique talents, and fostering open communications in
order to gain the trust and respect of clients, partners, and key
decision-makers.
His experience, including most recently as a Partner at IBM Global
Business Services, has been on leading cross-functional teams
towards the design and execution of transformative programs for
internationally-renowned clients. A proven history of overseeing
sizeable teams across the complete transformation journey from
strategy definition, technology design through to implementation.
https://drive.google.com/file/d/103wRO-Elb8_cQLSiG6TlzvK-GnBkF65W/view
https://twitter.com/empowered_succ/status/1248647048003497987?s=20
https://twitter.com/empowered_succ/status/1248329686301773824?s=20
Share Structure
Market Cap 4,038,286 05/01/2020
Authorized Shares 2,000,000,000 05/01/2020
Outstanding Shares538,438,109 05/01/2020
FLOAT 221,400,000 04/01/2020
ASSETS UP to 7 MILLION FROM 600 K in a Q!!! https://twitter.com/tvestor3/status/1256809854284554241?s=21
FROM 1-A FILED MARCH 26th 2020
Maximum offering of 600,000,000 shares at $0.005 per share or 3,000,000 shares at $1.00 per share
https://www.otcmarkets.com/stock/XALL/security
Twitter https://twitter.com/xalles1
http://Xalles.com
https://atntrading.co/register https://www.otcmarkets.com/stock/XALL/news/Xalles-Announces-Partnership-with-ATN-Trading-to-Expand-Distribution-of-Powerful-Crypto-Trading-Engine?id=240924
Investors Deck ~ https://drive.google.com/file/d/103wRO-Elb8_cQLSiG6TlzvK-GnBkF65W/view
https://www.minervaworks.com/our-clients
MINERVA WORKS 12.4 BILLION CONTRACT AWARDED
CHARTS
RECENT COMPANY TWEETS
Industry News: The Coronavirus Outbreak Means An Opportunity For Fintech Companies COUGH TOKEN COIN LAUNCH COUGH http://ibn.fm/W8uXN #fintech
Xalles
@xalles1
·
Apr 29
$XALL MinervaWorks has signed a new sales channel referral agreement for generating additional sales of The Brick. The website is being updated for new sales tools. Great industry reaction to this innovative product and service. #XALL, #MinervaWorks
https://twitter.com/xalles1
Apr 1
Xalles completed the closing of the MinervaWorks Holdings, Inc. acquisition on March 31, 2020 as planned and originally announced in the March 19th news release link below. #XALL
https://otcmarkets.com/stock/XALL/news/Xalles-Holdings-to-Acquire-MinervaWorks?id=256906
Xalles
@xalles1
·
Apr 1
$XALL Xalles releases additional details about Q1 progress and Q2 plans. See link for details. #XALL, #fintech
https://otcmarkets.com/stock/XALL/news/Xalles-Holdings-Q1-Updates-and-Q2-Plans?id=258173
Xalles
@xalles1
·
Apr 1
$XALL On March 31, Xalles Holdings filed its Disclosures, Annual Report and Financial Statements for year ending December 31, 2019. Xalles expects to file Q1 Report and Financial Statements during April. #XALL, #fintech
Mar 26
$XALL Xalles Holdings filed form 1-A with the SEC this week to seek qualification of a new public offering of up to $3 million in a Reg A Tier I stock offering. #XALL, #fintech
Xalles
@xalles1
·
Mar 26
$XALL Xalles has received a Letter of Interest from Continuation Capital, an institutional investor, to potentially fund all or part of this Tier I offering and part of a subsequently planned Tier II offering. continuecap.com. #XALL, #fintech
Home
CONTINUATION CAPITAL™ Continuation Capital Structures, funds, and manages Reg-A equity raises, and restructures debt, for publicly traded companies. Client Login Contact: Info@continuecap.com
continuecap.com
Xalles
@xalles1
·
Mar 26
$XALL Xalles Holdings will use funds raised through this offering towards growing the business of the existing operating subsidiaries, debt repayment, and additional acquisitions. #XALL, #fintech
RECENT NEWS ~ http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200427:nGNX6qTqsd Notice the last two PR were on all the wires ?
WASHINGTON, DC, April 27, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE ? Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announces its first quarter results and outlook for the remainder of fiscal 2020. Xalles deemed the first quarter a success given its accomplishments, but more importantly, sets up the company to grow faster for the remaining quarters of 2020.
Q1 Results
Xalles Holdings released its first quarter (ending March 31, 2020) Quarterly Report and Financial Statements last week on April 22, 2020. The highlights of that report include:
~$243,929 in Q1 revenue, which is the highest quarterly revenue
~$107,968 in Q1 net income
~Large increase in assets and liabilities which is primarily due to the acquisition of MinervaWorks Holdings, Inc. becoming a wholly owned subsidiary
~Completed the closing of the Gateway Innovations Limited acquisition on February 14, 2020
~Completed the closing of the MinervaWorks Holdings, Inc. acquisition on March 31, 2020
~~~MINERVAWORKS, LLC, HAS BEEN SELECTED AS A TEAMING PARTNER TO PRIME CONTRACTOR S4 INC. THE AWARD POTENTIAL IS $12.1 BILLION ITES-3S CONTRACT BY US ARMY
THIS IS A MASSIVE https://guruobserver.com/2019/s4-inc-selected-minervaworks-as-teaming-partner-on-12-1-billion-ites-3s-us-army-contract/
https://twitter.com/TVestor3/status/1249752764453920768?s=20
~Filed a Form 1-A (Reg A Tier I public offering) to the SEC on March 24, 2020 for the ability to sell shares in a price range of $0.005 to $1.00 per share
Currently there are 538,438,109 XALL common shares issued of which 221,400,000 are free trading, and no remaining 3(a)10 settled shares have been held in reserve since January 30, 2020
Blockchain and Tokenization
Xalles continues to develop the X2X blockchain-based platform for financial transaction reconciliation and is also exploring the tokenization of assets. Xalles has the opportunity to partner with companies providing Security Token Offering (STO) services for international expansion and is performing its due diligence.
Next month, Xalles will be conducting an extensive analysis with a Top 100 Cryptocurrency company that provides turnkey tokenization services including Token Issuance (STO), Exchange and Liquidity, Integration and Custodian Services. Tokenization is the process of representing the securitization of real-world using digital tokens on a blockchain. The ultimate vision for the company is to create an Xalles or X2X related Token that can be traded on multiple global exchanges and support eCommerce platforms, eProcurement platforms, and rewards platforms.
Acquisition Plans
Xalles will continue to look for accretive and creative acquisitions of technology and financial services businesses. These will include companies with products and services designed to support the new economic conditions during periods of limited mobility and recovery. Xalles currently has a pipeline of 15 acquisition candidates and is in negotiations with 6 of those companies now. The businesses in which we are in negotiations with include eCommerce platforms, eProcurement, sales organizations, payment platforms, and cyber security companies. Xalles expects to announce 2 or 3 acquisitions during the second quarter of this year. >>>>>>
Business Development Expansion
MinervaWorks alone is expected to generate approximately $3 million in revenue in 2020 and significantly more in future years through expanded deployment of The Brick. The Brick is a unique piece of hardware loaded with proprietary software and supported by a national service center that can tap into a client’s network and probe everything about the organization’s IT assets.
MinervaWorks high-profile clients include the Georgia Aquarium, Caesars Entertainment in Las Vegas, and the Centers for Disease Control and Prevention (CDC). These projects showcase the capabilities of the technology and represent a level of assurance that this is a robust technology that can ensure high performance and network continuity. Xalles has a strategy to assist in the growth of sales of The Brick by expanding its sales channels. These new sales organizations will be used to help market and sell other Xalles company offerings as they are developed. The stay at home orders have exposed some of the vulnerabilities of stretching corporate networks beyond their originally intended uses. MinervaWorks’ product is uniquely suited to capitalize on this evolving “work at home” environment and has seen a considerable increase in interest in its products over the past couple of months.
Summary
The Xalles 2020 strategy continues to encompass geographic expansion, accretive acquisitions, and establishing platform companies. Xalles searches for opportunities with financial services or technology-based toll gates that can be established to create recurring revenues. The acquisition strategy also factors in the potential synergies with existing subsidiaries.
“The progress made during the first few months of this year, puts us on a sound financial footing to achieve profitability, and reach our 2020 financial goal of $4 million in revenue,” stated Thomas Nash, Xalles Holdings CEO. “We will achieve these results while ensuring the health and safety of all employees, contractors, and consultants, during this time of unprecedented business conditions. MinervaWorks is one of our largest acquisitions to date, and we will continue to demonstrate to shareholders our ability to find, vet, negotiate, and acquire other business assets that complement our technology and financial services centric business focus. We see great opportunity in this business climate and are fortunate to have a pipeline of existing acquisition candidates. As we successfully absorb acquisitions our ability to finance future growth should become easier. We are working through the process for our Reg A Tier I form 1-A to become qualified, but plan on using the capital markets sparingly as we balance between sales growth and potential dilution. The company is optimistic that it will be able to secure more traditional means of financing its growth and is committed to maximizing shareholder value and minimizing any potential dilution.”
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holding company that focuses on acquisition and support of disruptive fintech companies. The company actively seeks targets in which it can partner with or acquire to accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities. The company places emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit: http://Xalles.com
Investor Relations Contact:
Info@Xalles.com
www.Xalles.com
202.595.1299 Office
Corporate Communications:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com
Xalles Holdings Q1 Updates and Q2 Plans
Press Release | 04/01/2020
WASHINGTON, DC, April 1, 2020 -- Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announces a series of corporate updates from the first quarter of this year and additional information about its plans in the second quarter of 2020.
Xalles completed the closing of the MinervaWorks Holdings, Inc. acquisition on March 31, 2020 as planned and originally announced in the March 19 news release, which followed the execution of a Share Purchase Agreement on March 18. Xalles also closed the acquisition of Gateway Innovations Limited on February 14, 2020, which had been previously announced in a January 4 news release. These two first quarter acquisitions position Xalles to move forward towards our 2020 goals of achieving profitability and between $4-5 million in revenue for the year.
The Ghana Cyber City project under the recently acquired Gateway Innovations, has the potential to become a $200 million asset project. In 2020, Xalles Holdings expects to yield between $1-2 million in revenue from this wholly owned subsidiary. Xalles expects to continue the African technology and fintech expansion on the continent.
MinervaWorks is expected to generate $3 million in revenue in 2020 and significantly more in future years through expanded deployment of The Brick. The Brick is a unique piece of hardware loaded with proprietary software and supported by a national service center that can tap into a clients network probe everything about the organizations IT assets. A few of results realized from this process include identification of unknown rogue devices or unauthorized network access, IT asset audit, immediate identification of stolen or rogue devices as well as cyber security threats. The Brick can become a game changer for many companies and industries. During the current pandemic crisis, MinervaWorks will be offering a special network and cyber security assessment at a heavily discounted price to support all small and mid-sized businesses.
Xalles previously announced the execution of a Share Purchase Agreement with Kaden International Holdings Limited to acquire all of the ordinary common shares and all of the value of investments that Kaden International makes. As part of that agreement, Kaden International would acquire a stake in First Bullion Holdings Inc. First quarter travel and other business factors made it difficult to complete the required due diligence on time before the closing/termination date. The three companies are currently in further discussions to develop the best pathway forward to create a winning proposition for all parties.
On March 31 Xalles filed its 2019 Annual Report and Financial Statements with OTC Markets. Xalles expects to file the First Quarter 2020 Report and Financial Statements during April. Those financial statements will demonstrate the growing revenue in early 2020 and the company expects to see continued revenue growth throughout the year reaching profitability on an annualized basis.
Despite the current global crisis, Xalles continues to forge ahead with its business expansion plans through organic growth and acquisitions, while enabling all employees and contractors to work remotely and safely stated Thomas Nash, Xalles Holdings CEO. He added, our strategy is to expand our footprint in information technology services and financial services to support consumers, businesses and governments, while establishing new revenue producing financial toll gates. We are particularly excited about the benefits that MinervaWorks The Brick can provide in enhanced cyber security and network monitoring to business customers.
Our 2020 strategy continue to encompass geographic expansion, accretive acquisitions, and establishing platform companies. Xalles searches for opportunities with financial and technology toll gates that can be established to create recurring revenues.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets in which it can invest and accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities. The company places emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit: http://Xalles.com
Xalles Holdings to Acquire MinervaWorks https://www.minervaworks.com/
Press Release | 03/19/2020
WASHINGTON, DC and ATLANTA, GA, March 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Xalles
Xalles Holdings to Acquire MinervaWorks
Press Release | 03/19/2020
WASHINGTON, DC and ATLANTA, GA, March 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Xalles Holdings Inc. (OTC: XALL), a fintech holding company leveraging blockchain technology for financial reconciliation and payment auditing solutions, today announces that it has executed a Share Purchase Agreement to acquire 100% of MinervaWorks Holdings, Inc., an Atlanta based technology company.
Under the Share Purchase Agreement, Xalles Holdings Inc. will acquire all of the common shares of MinervaWorks Holdings, Inc., which in turn will wholly own the two subsidiaries, Minerva Automation, Inc. and MinervaWorks, LLC. The MinervaWorks main office is located a short distance from Truist Park, the home field of the Atlanta Braves baseball club. MinervaWorks has been providing technology solutions since 1986 when Minerva Automation was founded by Rodney Bowers. Mr. Bowers is an Electrical Engineering graduate, and throughout his esteemed career has earned several business and technology related certifications and awards including Six Sigma Champion. The combined MinervaWorks organization, which includes 11 full time employees, in this recession-proof business, will become a wholly owned subsidiary of Xalles Technology Inc.
MinervaWorks provides technology consulting, architecture, engineering, platform management and operational support to help clients bring their technology platforms up to date, leading to technological and digital transformation for their businesses. Their clients range from Caesars Entertainment in Las Vegas and the Georgia Aquarium in the Entertainment field to multiple hospitals and Centers for Disease Control and Prevention (CDC) in the Healthcare industry to multiple clients in the Financial Services industry plus other clients in a variety of industry segments.
MinervaWorks is managing technology services for clients that are at the heart of life preserving and lifesaving systems, as well as important fintech systems. One of the expected growth areas for MinervaWorks is through their product called “The Brick”. The Brick is a unique piece of hardware loaded with proprietary software and supported by a national service center that can tap into a client’s network probe everything about the organization’s IT assets. A few of results realized from this process include identification of unknown rogue devices or unauthorized network access, IT asset audit, immediate identification of stolen or rogue devices as well as cyber security threats. The Brick can become a game changer for many companies and industries.
“MinervaWorks is a very strategic and accretive acquisition for Xalles because of the people, clients, products and services that MinervaWorks brings to the Xalles family of companies,” explained Thomas Nash, Xalles Holdings CEO. He added, “Our team is excited to help expand the MinervaWorks services into new markets, bring additional artificial intelligence capabilities, and dramatically increase revenue through The Brick through new marketing and sales channels. In times of crisis, businesses see a rise in cyber security threats and MinervaWorks products and services protect businesses to ensure that companies and their IT operations can survive and thrive.”
MinervaWorks Founder and President Rodney Bowers stated, “MinervaWorks is excited about joining Xalles as a premier technology service provider. The Xalles / MinervaWorks relationship is growing and we expect to work together on several developing opportunities. By teaming with Xalles, we are confident in providing our deep experience in cloud architecture, migration and implementation services to an expanding user community. Coupled with our Brick technology, quick and accurate assessments of client platforms will enable our companies to become even more responsive to the changing needs of our clients.”
The agreement defines the closing date for this transaction as March 31, 2020. Details of the agreement include a series of buyout payments during a one-year period. The Founder and President of MinervaWorks Holdings, Inc. will continue in his role during an extended three-year transition period following the closing event. MinervaWorks, whose profitable 2019 included revenue that exceeded 2 million dollars, is expected to generate 3 million dollars in revenue in 2020 and significantly more in future years through expanded deployment of The Brick.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets in which it can invest and accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities. The company places emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit: http://Xalles.com
About MinervaWorks
MinervaWorks is an Atlanta, GA based technology company that focuses on The Brick application, Managed Services and IT Consulting. The Brick installed on a customer’s network, analyzes technology infrastructure, including end-user computing, systems, networks and cybersecurity, cloud enabled and virtualized, utilizing proprietary edge computing platforms. MinervaWorks is expanding its well-established customer base that includes Caesars Entertainment, Las Vegas Sands, Intercontinental Hotel Group, SITA and United Airlines. All of these companies are very excited and energized about the growth path centered around the Brick technology and the associated analytics. For more about MinervaWorks, please visit http://MinervaWorks.com
https://www.otcmarkets.com/stock/XALL/news/Xalles-Holdings-to-Acquire-MinervaWorks?id=256906
Xalles Holdings Updates and 2020 Strategy
Press Release | 02/18/2020
WASHINGTON, DC, February 18, 2020 -- Xalles Holdings Inc. (OTC: XALL), a fintech holding company leveraging blockchain technology for financial reconciliation and payment auditing solutions, today announces a series of corporate updates and additional information about its 2020 strategy.
Xalles is forging ahead in 2020 with a strategy that encompasses geographic expansion, accretive acquisitions, and establishing platform companies. Xalles searches for opportunities with financial toll gates that can be established to form recurring revenue streams. All of the targeted acquisition companies have this potential.
Geographic Expansion
The Ghana Cyber City project under the recently acquired Gateway Innovations, has the potential to become a $200 million asset project. In 2020, Xalles Holdings expects to yield between $1-2 million in revenue from this wholly owned subsidiary. Xalles expects to continue the African technology and fintech expansion on the continent.
Xalles European and Asian expansion will be led by the acquisition of Kaden International. Xalles is currently performing the due diligence related to the Share Purchase Agreement to acquire all of the ordinary common shares and all of the value of investments that Kaden International makes. As part of the agreement, Kaden International will acquire a stake in First Bullion Holdings Inc.
Xalles is also expanding into Latin America through acquisition and is currently in negotiations with the first South American acquisition target.
Accretive Acquisitions
First Bullion, which is part of the Kaden International acquisition, is building a next generation bank that already has established licenses and operations in banking, international remittance, finance leasing, deposit taking and virtual currency exchange. Their core operations are in Hong Kong, China and the Philippines. First Bullion aims to provide much faster and efficient cross border settlements and financing for business and personal banking customers. They enable seamless conversion of local currency to foreign currency and vice versa. That firm is already profitable and expanding through their own planned acquisitions.
In addition to First Bullion, there are a few accretive acquisitions that are in the negotiation process currently in the US. Xalles anticipates additional announcements about signed agreements during the first quarter of 2020 and throughout the year.
https://www.otcmarkets.com/stock/XALL/news/Xalles-Holdings-Updates-and-2020-Strategy?id=254095
Xalles Overview
Xalles Holdings Inc. (OTC:XALL)
Fintech Holding Company
Focus
Payment Systems and Technology Solutions
Primary Service Offerings
? Payment auditing
? Financial Transaction Reconciliation
? Commerce
? Investment and Financial Management services
? Technology architecture and managed services
Business Model
? Search for Fintech acquisition and growth opportunities (IP/systems/ licenses/companies)
? Acquire and place acquisitions into relevant program or subsidiary
? Grow new acquisitions with financial, management, and business development support
? Ongoing fundraising through equity and debt funding sources
? Create Progression or Exit Strategies for each acquisition
? Exclusive implementer of U.S. Bank’s PowerTrack service, from first transaction to world’s largest
transportation payment processing service ($20 billion annually)
? First to implement an enterprise wide payment system within the U.S. Department of Defense,
completed 2 years ahead of schedule
? First to design, develop, and host an independent MasterCard-branded system outside of the
MasterCard IT infrastructure
? Implemented a financial transaction reconciliation solution within the U.S. Department of Homeland
Security (U.S. Coast Guard)
Bio - Thomas W. Nash, Chairman and CEO
16
Thomas Nash is a change leader, business strategist and international
public speaker. He has led Xalles Holdings Inc. (OTC: XALL) since its
inception and public reverse merger in 2015. He led Xalles Limited and
its predecessor companies since 1996. Xalles Holdings is a Fintech
holding company, acquiring companies and strategic partners to drive
new revenue and asset appreciation within the financial technology
and payment industry.
Nash’s expertise is in the financial supply chain and payment services.
He has provided strategic business advice to more than 200 firms
worldwide from small firms to Fortune 500 firms and international
governments. Nash has helped launch successful start up ventures in
the payment, eCommerce and IT fields. He has also helped firms
expand into new international markets. His international marketing
seminars have been presented in many countries across 5 continents
to thousands of entrepreneurs and executives.
He led the implementation and operations teams for U.S. Bank to
implement the PowerTrack freight payment system in the U.S.
Department of Defense. For MasterCard, he led the design and
development team of the Intergovernmental Commerce Exchange
(ICE) which was implemented within the U.S. Department of
Homeland Security.
Bio - Paul W. Erickson, Director
17
For over 20 years, Paul has been at the forefront of the Digital
Transformation; helping clients to plan for and implement the
changes necessary as new disruptive technologies emerge in
Banking, Retail, and Technology. An innovative and collaborative
Executive known for building strong working relationships,
mentoring unique talents, and fostering open communications in
order to gain the trust and respect of clients, partners, and key
decision-makers.
His experience, including most recently as a Partner at IBM Global
Business Services, has been on leading cross-functional teams
towards the design and execution of transformative programs for
internationally-renowned clients. A proven history of overseeing
sizeable teams across the complete transformation journey from
strategy definition, technology design through to implementation.
https://drive.google.com/file/d/103wRO-Elb8_cQLSiG6TlzvK-GnBkF65W/view
https://twitter.com/empowered_succ/status/1248647048003497987?s=20
https://twitter.com/empowered_succ/status/1248329686301773824?s=20
Recent XALL News
FEATURED Cannabix Technologies Announces Commercial Launch of Marijuana Breath Test (MBT) • Mar 16, 2026 8:37 AM
Record Gold Prices Reshape Economics of New Mine Development • SNWGF • Mar 16, 2026 10:46 AM
Exxe Group Advances Platform Strategy and Share Structure Reduction Following Strategic Meetings • AXXA • Mar 11, 2026 1:03 PM
DRCR Pushes Forward With Implementation of 2026 Business Plan • DRCR • Mar 11, 2026 12:26 PM
Record Gold Prices Reshape Opportunities for Emerging Producers • LFLR • Mar 11, 2026 9:00 AM
C2 Blockchain Reports 803 Million DOG (Bitcoin) Holdings Following Strategic Accumulation of Bitcoin-Native Digital Assets • CBLO • Mar 10, 2026 8:00 AM
