Xalles Holdings Inc (XALL)

[hoghead 1]

I have been involved in the collision repair industry for over 39 years now and was for several years the GM over 2 of large repair facilities for a independent owner who had 4 locations that we where averaging around 19 million per year for the last 3 years before being sold to the big corporate consolidators (that has now been 9 years ago as that industry has been in super hard consolidation mode for about 5 years prior to our sale and is still in it now)

Had the pleasure of helping grow the company (was there for over 10 years prior to the sale) as the plan from the beginning was to prepare and eventually sell to a big consolidator as part of the exit plan for the owner. Just remember how the financials where done differently when we wanted to acquire more $$ for growth' show less $$ for profit when needed and show excellent profit for several quarters before the sale (all done legitimately as there are ways to do that thru purchasing things, not purchasing things, timing write offs ect. ect.)

Just stating that if Nash is in true control of his company and is intensively active in the financials, has a vision and plan on what he is building anything is possible as any good business person should run a company that way (at least that is what I think). If not and everything is what it looks like we all are pretty much screwed as this is a very small company and to sneak out of this without major pain is pretty much impossible