Xponential Inc (fka XPOI)

[mrpanick]

Don't know any of them personally. Jeff Cummer & Dwayne Moyers (who left Xponential but is probably still a major owner) were (still are ) Financial Advisers and money managers who worked together in that field at a couple of firms. You can see their history at FINRA Broker check. Xponential seems to have been their venture capital vehicle that was funded by their money, perhaps some funds from unfortunate clients and a junk bond offering.

I was more familiar with their work at CPFH as a former boss of mine had a large stake in one of CPFH's competitors, had a stake in IMFD at one point and I did research on many companies in that sector. CPFH was formerly IMFD. Cummer & Moyers had a lucrative contract trading IMFD's once hot high yield bond fund (until it blew up in the financial crisis) in addition to their other relationships and XPOI's relationships to IMFD.