It was never mentioned in any of the XALL OTC disclosures and a few days later on October 21, 2016, a $40,000 Note was drafted between XALL and Jason Ruppert's China Moon Capital Partners LLC instead
(see exhibit A from the 3(a)10 court filing at the following link)
As you pointed out the original $75,000 Note was the exact same template that Ruppert used with NGCG he just changed New Generation Consumer Group to Xalles Holdings Inc.
I'm with you in that I don't really believe that Ruppert provided XALL with any cash at the time that the Notes were allegedly executed.
I'm sort of leaning towards the original $75,000 draft being replaced by the $40,000 Note because it was decided that Jason Ruppert's name should remain hidden so they wanted to put the Note in the name of China Moon Capital Partners LLC instead.
Either way there are a great number of red flags surrounding the Jason Ruppert/Thomas Nash debt/dilution deal
Despite the facts or no facts its all speculation here you say, he say All it matters the chart is doing amazing well from this bottom and there is a reason for that its called MOMO and no aggressive dilution put 20K $ volume there and see where we get too ...
I always say trade the chart and not the story .this is one chart thats this applies too if you know how to make $$ . I have heard so many stories telling in OTC a dime a dozen in past 5 years good and bad ones and have realized the ones with horrible fundamentals moves and legit one stall. Why ? Simple when Momo interest kicks in and dilution is nil or not so aggressive PPS moves. No rocket science.
Momo is evident here and all this story telling will get no where when the ask get's slapped with momentum that's just the nature of the beast and you know it as much i know it ...
Further technically chart shows amazing accumulation & The CEO speaking says float is the same that all i care's for to be honest
If the chart moves and its legit then who cares for story telling of a note holder with 40K please. let's be pragmatic & spare your self the energy of the dramatic story telling again and again :))
Anyways GLto you can please feel free to follow me if you wish on twitter for more TA @farahtrades All the best .