Xalles Holdings Inc (XALL)

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One would have to assume that they were issued for acquisitions not yet announced as finalized in filings. Below are excepts from the latest filing (Page 40) for the Intel365 and the Argus deals.

eee) As of May 15, 2020, Xalles acquired 100% ownership of Intel365, Inc., closing the share exchange agreement that was entered into on April 27, 2020. As part of the agreement, the Intel365shareholders were issued 20,000,000 restricted common XALL shareson June 22, 2020.

fff) As of May 31, 2020, Xalles acquired 100% ownership of Argus Technology Partners, Inc., closing the share exchange agreement that was entered into on May 17, 2020. As part of the agreement, the Intel365shareholders were issued 28,000,000 restricted common XALL shareson June 24, 2020.

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