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Wednesday, 07/22/2020 2:54:33 PM

Wednesday, July 22, 2020 2:54:33 PM

Post# of 39
XFLS Email on follow up questions from recent shareholder update

https://www.otcmarkets.com/stock/XFLS/security

Authorized Shares
500,000,000
07/09/2020
Outstanding Shares
156,086,750
07/09/2020
Restricted
109,947,000
07/09/2020
Unrestricted
46,139,750
07/09/2020
Held at DTC
42,499,950
07/09/2020
Float
25,763,136
03/04/2020


Good Moring Josh thank you for your interest in our company and greetings to a fellow oilman. As the release states we are in negotiations on this project I don’t have a start or end date as of yet. I had this question earlier as well from another shareholder it seems somehow when we published this release this info was dropped somehow. The Pilot will produce 5 tons/day of C5+ hydrocarbons. Typically its about 30:30:30 with 10% being light ends 30% C5-C10 30% C11-C20 and 30% C21 and higher the latter is the wax. We look at these products as diluents and high value chemical feedstock rather that the traditional Gasoline, Diesel and jet fuel/kerosene. What people don’t realize about those products are they are blends, usually proprietary blends. Cycles business plan is to sell into that blending market which is much larger and easier to penetrate than the consumer market.



Of course we are looking at bringing on more systems we have spend 15 years developing this technology mostly to make it robust enough to be able to function under conditions in the field. As a mobile plant there are considerations that needed to be addressed that a fixed plant would not encounter. As a fellow oilman you know what these conditions are in our business and a plant of these type would not be accepted by field personal if it became to complicated or needy.



Thank you again for your interest in our company we also believe we have great things ahead and we are finally coming into our groove.



Best regards









Mike McLaren- CEO



Suite 417

203-304 Main Street

Airdrie, Alberta

T4B 3C3



Phone: +1 403 880 2998

Fax no: +1403 407 7672

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