Xalles Holdings Inc (XALL)

[mgos]

I was most excited about VGR Technology Partners and the "announced" Crown Solutions acquisition.  That is/was the corporate arm that would explode in my opinion.  I have been an M&A advisor (Privately held arena) for 25 years and have transacted many dozens of IT and Technology related deals usually in the $1-25 million sale price range.  Those types of deals are nationally abundant and usually have 20-40% EBIT margins depending on their niche. 

Here is an excerpt from January 2021 PR:

"Xalles Holdings has taken a major step towards executing against its 2021 business plan. The completion of the VGR transaction means that Xalles Technology now has a wholly owned subsidiary in VGR Technology Partners that will be acquiring profitable IT staffing, consulting and product development companies throughout 2021 and beyond.

VGR’s first acquisition was previously announced to be the group of Crown companies, namely Crown Solutions India Pvt. Ltd. (based in Chennai, India), Crown Global Solutions Pvt. Ltd. (based in the UK), and Crown Solutions, Inc. (based in the USA). VGR now has a pipeline of firms that could contribute over $100 million in annual revenue and over $25 million in annual EBIDTA. VGR’s leadership team is working towards securing additional acquisitions during Q1 of 2021."