Replies to post #337 on XLI Technologies Inc. (fka XLIT)

[Village man]

I sure have, and that's why they have disclaimers:

This press release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with intellectual property protection, marketing and sale, manufacturing and distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

[rawman]

...I've never seen a press release not be carried out, especially when you have management of this caliber on board. Federal law and all that usually is a pretty good incentive to a company to do what they say.

You're saying that a super connected, very wealthy guy like Jim would risk jail time by not following through on a press release statement?

Seems very unlikely.

Be a skeptic all you want, but it's grasping at straws IMO.

LOL! LOL! It would be best to read all the caveats contained in the XLIT press release! If the reduction doesn't happen, Schramm has already covered his butt! Nobody in penny land, with half a brain, is going to issue a company PR that could ultimately be held up for regulatory scrutiny!