Replies to post #1121 on XLI Technologies Inc. (fka XLIT)

[jimppc]

Doc just answered that question. Check it out.

[burningbud]

Pretty scary huh....lol....I haven't found any evidence of bankruptcy. ...however
They don't have any money....they need cash to perform operations
That alone is scary .... but!....if you have a profitable future? Then absolutely you need to do
What you need to do to raise funds...however the lightsheet could be the coolest thing ever
And great new technology but !!!....maybe not profitable ?but like anything else....think of flat screen tvs
Expensive at first now pretty affordable.... idk what to think about this company .......my earlier post shows how this company was brought to my attention, and I couldn't stop laughing when traders choice asked if I was watching it at 80-90 cents
And they expected it to go to 2-3 dollars......I thought 11.5 cents was an ok entry point.....now I'm not so sure
Rest assured I'll have a fatty ready at 9:30 incase I need to ease the pain.....good thing I still have a good chunk of my hidden gem.(canv)...and the cash I might lose tomorrow came from proceeds of canv...

[DrContango]

because of the s-1

Sylvia, XLIT is nowhere near bankruptcy.

The S-1 is an SEC registration to enable the good folks that loaned Mr. Schramm money at egregious terms to sell the shares (that they acquired by exchanging the debt for purchase at a very deep discount) to the public.

The first tranche will convert in several weeks. There will probably be a prolonged pump to maximize the price.

The pps hit .081 last week meaning that the max conversion price will be .0486/share, I believe.

Perhaps, the price might pop into this pump. But, IMO, this will be trading below .0009 by September when the first tranche of series B preferred converts.

The facts are found in the SEC filings. The press releases and the paid promotions are based on fantasy and conjecture.

With all due respect, Sylvia, I believe that you have fallen in with a bunch of professional cons, into a tank of sharks... If I were you, I would sell what you have, stare at the image below and repeat again and again:



I WILL NEVER BUY PENNY STOCKS
I WILL NEVER BUY PENNY STOCKS
I WILL NEVER BUY PENNY STOCKS...






Doc