Hi Slick, thanks for the message. Yes...I was familiar with Amazing Living though I can't remember what it's products/services were.
As I mentioned I am a pretty good friend of Tom's. Used to talk with him on a weekly basis. After COVID not so much. All I can say is I know Tom is working his rear off to hit the milestones we have all heard about over the past few years.
Biggest issue which effects Xalles and also a company like mine is the availability of funding. As HD has mentioned a few times, everything really wraps around completing financing, whether through debt or equity. Completing acquisitions, investments into existing subsidiaries, investments into Studio companies and clearing some company debt are all targets for funding.
Even with my tech start-up, my partner and I were bootstrapping and have invested over $300,000 into our biz, prior to COVID. Our original plans were to take this to launch without raising funds. COVID hit and the ability to continue putting funds into the biz diminished. Now we keep the small bills paid while we await Xalles and the benefits of being part of the Xalles Studio. As I mentioned there will be some very cool integration with our company and some of the Xalles services.
I believe I have in the past on the other board mentioned that the Studio and its purpose should not be ignored. As HD pointed out, Xalles will have multiple ways of building its valuation including integrating Xalles products/services into the Studio businesses, plus with percentage ownerships in these Studio companies.
Has all of this moved as fast as we all wanted? No, but I believe we are back on track and Tom will continue to work pretty hard on hitting his goals. Some people don't realize that Tom had his company Xalles many years prior to becoming public. This is his baby. There is definitely a frustration regarding the SP of XALL. Since this is the only company stock I own on the pink sheets, I am not knowledgeable as others in regards to the OTC marketplace. I even used to be a fully licensed stockbroker, but never dealt with this market. What I do see is once this company and its stock get "discovered" by more eyes, it will only go up. Right now the daily SP is completely controlled by a select few whether they are the market makers or day traders. Eventually moving to a higher market might also help.
I am very excited about the future with Xalles, both as a shareholder and also as a Studio company.
