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Re: stockgringo post# 21263

Monday, 07/22/2013 5:11:15 AM

Monday, July 22, 2013 5:11:15 AM

Post# of 44319
Hate to brake your bubble... but this technology was developed and already being used by closely held company..."The Bleachers",which has been rolling it out for 2 years. https://www.gobleachers.com/

Co-CEO Frank Jordan, ( http://www.linkedin.com/pub/frank-jordan/1/630/8b), who owns controlling interest, is from GoldenTree Asset Management, and formerly Wasserstein Perella, Salomon Brothers. This is Jordon's new pet project...he is worth multiples of 100's of millions...

We are talking big bucks backing this venture...not $7,000 in cash like XUII

In May "The Bleachers" raised another $1M in a private placement.
( http://www.daniellemorrill.com/2013/05/funding-rundown-suredone-bleachers-perspecsys-zoove-learnsprout-mutualink-raise/ )

Plans for rollout into numerous venues...all of which XUII is touting...

IMHO...do not think XUII has a chance...of competing or defending against the same "proprietary" technology...exactly the same...multiple cameras at sites broadcast over the internet to subscriber, but even better, the "Subscriber" controls the camera shot on any mobile device ... pad, smart phone, computer...etc

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