PENNYPICKS PUMP and DUMP PAID PROMO EMAIL for May 30th
This Cheap Stock Could Become Your Huge Pay Day Thanks To Revolutionary Tech And An Upside of 1,462%
The global fintech market has been growing at a fast pace, and projections indicate it’s going to continue that way. According to Statista, the transaction value of the digital payments industry alone is projected to reach more than $1T.
Source: Statista, April 2018
Moreover, in the digital payments segment alone, the number of users is expected to reach more than 290M by 2022.
Source: Statista, April 2018
With the strong projections in the fintech space, there has been an influx of investments. According to KPMG, global funding for the fintech market reached more than $31B in 2017, and the total global investment in the fintech industry over the past three years is more than $120B. Investments should continue to flow into fintech companies due to the fact many companies and users are adopting various services, such as digital payments.
Now, there’s one company out there with payment and financial transaction management solutions using its proprietary technology, and it could experience exponential growth, especially with the strong growth rates and investments in the industry.
Xalles Holdings Inc.
(OTC: XALL)
Xalles Holdings Inc. (OTC: XALL): A holding company with a core focus on accelerating fintech firms. It plans on leveraging blockchain technology as a form of financial reconciliation, and auditing solutions.
The firm has a unique approach that consists of:
• Continue rollup of strategic partners launching financial supply chain solutions to underserved markets
• Diversify reach and increase potential through Government, business and consumer oriented projects
On May 1, executed a share purchase agreement for the acquisition of Co-Owners Rewards Inc, a consumer payment rewards company.
“This acquisition gives Xalles two new, foundational building blocks in the consumer e-commerce and payments space,” said Xalles CEO, Thomas Nash.
In addition Xalles offers services in X2X solutions and auditing.
The firm provides payment and financial transaction management solutions through its proprietary Blockchain-based X2X technology.
That said, its auditing services offer the prepayment and post-payment of procurement and payment transactions that include the following: freight payment, personal property transactions, passenger airline travel, G2G financial reconciliation and much more.
It’s no surprise that the Xalles team has implemented financial and payment systems to over 25k businesses and government users, including 300k customers.
Given the developments in the sector as a whole, Xalles could thrive for years to come.
(OTC: XALL) Chart: A Bounce Play Every Trader Should Love
XALL has a very interesting chart because there is a lot to take in at once. The RSI is tinkering on oversold levels, the stock’s float reduction has triggered a bounce, and resistance is at higher levels allowing for gains of almost 100% from current levels in the short-term, but a huge upside that we’ll get into later.
On May 29, 2018, XALL closed at $0.16 per share. The firm’s stock price has traded in a range between $0.103 and $2.50 over the last 52 weeks.
Traders could expect to see a bounce in the stock after hitting the bottom channel of the bollinger bands. Typically, that is a spot where mean reversion traders step in and play for a reversal higher.
I mentioned earlier that this stock has a short-term upside of almost 100% as .30 is the next big resistance level that I am focused on, but the big number to keep in mind is the long-term upside.
That number is 1,462%. That’s how much XALL could gain against the 52-week high. Now that the number of shares available to the public (the float) has been reduced shares of XALL should appreciate in price much easier and could trigger a short-squeeze… much like Friday’s stock which gained 33% in a matter of hours.
According to OTC Markets, on average, about 39.9K shares trade daily (30-day average). As of May 25, XALL had a market cap of about $10.3M
In Their Own Words: Xalles Holdings
Xalles Holdings Inc. is a holdings company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities to invest and accelerate growth in. Recently, the company has placed emphasis on leveraging blockchain technologies to provide industry-leading financial reconciliation and auditing solutions, which will allow for the capture of recurring revenue streams over time. For more information visit: http://xalles.com
Most Recent Headlines
Xalles Holdings Inc. Reduces Float by More than 50%
WASHINGTON, DC, May 22, 2018 (GLOBE NEWSWIRE) -- Xalles Holdings Inc. (XALL), a company focusing on accelerating fintech companies, leveraging blockchain technology for financial reconciliation, and payment auditing solutions, today announces a significant reduction in the number of outstanding and free trading shares of common stock.
Xalles has recently retired 27,000,000 free trading shares, which reduces the free trading float from 53,800,000 shares to 26,800,000 shares, resulting in a 50.19% reduction. This also results in a corresponding reduction in the total number of outstanding common shares from 79,520,000 to 52,520,000.
Information about these reductions on OTC Markets will be reported directly through the transfer agent in the coming days. These recent steps taken are part of Xalles’ promise to increase shareholder value by reducing the number of outstanding shares. This work began last month when Xalles announced on April 25, 2018 that it had reduced the number of outstanding common shares by 180,000,000.
Xalles Holdings will continue to work and build its shareholder value, an effective management team and acquire strategic assets.
Bottom Line: XALL Could Double, But It Could Also Gain Up to 1,462%
XALL is slowly putting itself in a position to thrive in the global payments sector. Recent acquisitions could make them a player in blockchain technology.
That said, the stock is currently trading at a discount relative to its highs and boasts an upside of almost 100% over the near-term. However, if it can get back there you could be looking at gains north of 1,462%.
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