Xalles Holdings Inc (XALL)

[5%PerDayCompounded]

Hoghead,

I am involved in a private company called Med-X. They are attempting to go public. Over the years they have done Reg A raises as well as a Start Engine raise, so I have been through the process.

The Reg A is not an easy thing to accomplish. It takes time and can be a substantial time consuming process. It all depends on the SEC. There is always a back and forth with them. Company files, SEC comments. Company has to respond. SEC likes the response, Great. If they don't, they come back with more comments.

Companies also have to be very careful with what they say and do to not create scrutiny from the SEC. One wrong comment or print and it can restart the entire process. Below is a clip about the "Quiet Period".

Personally, I believe the "limited info" the company has put out is a good thing.



https://www.investor.gov/introduction-investing/investing-basics/glossary/quiet-period