Xalles Holdings Inc (XALL)

[mgos]

Good point, limer. I must state that you never know if a lawsuit/complaint will be dismissed. Too many factors to consider.

Counselors on both sides are masterful at telling their clients early in the proceedings, whether the plaintiff or defendant, that the other side has little to no case or merit on which to stand. It goes without saying that many love to run up fees. Then a few days before the trial date they start telling their client things such as "well, I have some concerns based on how you answered several questions in your deposition(s) and the jury (or judge) may perceive things differently." They literally start telling their client all the various outcomes and reasons why they should consider settling the case...not that this is a bad thing. This is exactly why a majority of cases are settled days if not hours prior to the trial. I suspect that this case will see a similar pattern but it will take time.

I have been through this, thankfully as the plaintiff, on more than one occasion. I was, in essence, Ascento for comparison sake. I provide M&A consulting in the privately-held lower middle market so I have a fairly good guess of what is going on here even though I lack all the facts.

This complaint doesn't phase me, but that's just me. Do your own DD and make your own assumptions. Maybe I am wrong, but in the end, it's not an enormous amount of money to settle. I am confident in XALL's future.

Again, just my opinion and best of luck to all our shareholders. $XALL