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Xalles Holdings Inc. (OTC:XALL) Breaking News - June 20, 2018
 

Xalles Holdings Inc. Acquires Assets of USA Savings Club


WASHINGTON, DC -- June 20, 2018 -- Xalles Holdings Inc. (OTC:XALL), a company focusing on accelerating fintech companies, leveraging blockchain technology for financial reconciliation, and payment auditing solutions, recently completed an Asset Purchase Agreement for the acquisition of 100% of the assets and intellectual property of www.usasavingsclub.com, a consumer discount shopping club and fundraising service.

Xalles will create a new wholly owned subsidiary to operate an international network of savings clubs based on the USA Savings Club design. The original management team will be part of the new subsidiary and lead the U.S team. Xalles will provide additional resources for domestic growth and international expansion.

USA Savings Club has agreements with thousands of name brand merchants which establishes the base for expansion within the first few regions around the U.S. National brands and local merchants will participate in the program by offering discounts to consumers while supporting local schools and other not-for-profit organizations. Xalles expects to leverage the synergy between this company and the other consumer commerce and payment subsidiaries that are already part of the Xalles family of companies.

“This acquisition gives Xalles the ability to combine strengths of a few of our subsidiaries to offer consumers a way to shop locally at a discount while helping non-profit organizations in their fundraising through a passive and year-round method,” said Xalles CEO, Thomas Nash. He continued, “We believe the combined offering through our existing and new distribution channels will change the way people shop in their local communities.”

Xalles Holdings will continue to search for complementary acquisitions to enhance the consumer’s local shopping and eCommerce experiences.

About Xalles Holdings Inc. (OTC: XALL)
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

Visit us at Investors Hangout: https://investorshangout.com/Xalles-Holdings-Inc-XALL-91200/
Investors Hangout is the only authorized investors blog page for Xalles Holdings Inc.

Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov and in OTC Markets at www.otcmarkets.com

Contact:
Investor Relations Contact:
Xalles Holdings Inc.
xall@i-businessmanagementllc.com

SOURCE Xalles Holdings Inc.
 

Xalles Holdings Inc. Preparing Audited Financial Statements for Planned Uplist


WASHINGTON, DC -- May 29, 2018 -- Xalles Holdings Inc. (OTC:XALL), a company focusing on accelerating Fintech companies, leveraging Blockchain technology for financial reconciliation, and payment auditing solutions, today announces a significant step in its business strategy through creating additional investor opportunities and liquidity.

During the month of June Xalles will be working with its third party PCAOB certified Auditor (Public Company Accounting Oversight Board) to audit the historical financial statements of the companies that Xalles has recently acquired during the past 6 months in addition to the Xalles Holdings financial statements.

The goal of the auditing work that will begin in early June is to enable the company to return to its previous status of fully SEC Reporting. This step will be taken in preparation for the company’s plan to Uplist Xalles to the OTCQB (OTC Markets Quotation Board). The company’s specialized SEC counsel is working with the Xalles management team to prepare the appropriate registration statements and other required documentation. The OTCQB market includes higher standards of transparency and will help Xalles accomplish two of its goals of shareholder liquidity and attraction of new investment capital. The company expects the Uplist process to be completed by August 2018.

The company is also exploring the options for a dual listing on an international exchange once the OTCQB Uplisting process has been completed. This will provide greater global investor access to the company’s securities.

Xalles Holdings will continue to work in parallel to the auditing and Uplisting processes by acquiring new assets and assembling a team of skilled operators.

About Xalles Holdings Inc. (OTC: XALL)

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

Visit us at Investors Hangout: https://investorshangout.com/Xalles-Holdings-Inc-XALL-91200/
Investors Hangout is the only authorized investors blog page for Xalles Holdings Inc.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov and in OTC Markets at www.otcmarkets.com

Investor Relations Contact:
Xalles Holdings Inc.
xall@i-businessmanagementllc.com

Source: Xalles Holdings Inc.

 

Xalles Holdings Inc. Reduces Float by More Than 50 Percent


WASHINGTON, DC -- May 22, 2018 -- Xalles Holdings Inc. (OTC: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.

About Xalles Holdings Inc. (OTC: XALL)

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

Visit us at Investors Hangout: https://investorshangout.com/Xalles-Holdings-Inc-XALL-91200/

Investors Hangout is the only authorized investors blog page for Xalles Holdings Inc.

Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov and in OTC Markets at www.otcmarkets.com

Contact:
Investor Relations Contact:
Xalles Holdings Inc.
xall@i-businessmanagementllc.com

Source: Xalles Holdings Inc.

 

Xalles Holdings Announces Transitioning Corporate Structure


WASHINGTON, DC -- May 1, 2018 -- Xalles Holdings Inc. (OTC:XALL), a company focusing on accelerating fintech companies, leveraging blockchain technology for financial reconciliation, and payment auditing solutions, today announces a status update on its corporate structure transition.

Xalles posted an OTC Markets disclosure on April 6, 2018 indicating that based on the SEC definition of a "shell" that Xalles Holdings had ceased to be a shell based on events in the 4th Quarter of 2017 and the 1st Quarter of 2018. The disclosure links can be found here as reference:

https://www.otcmarkets.com/stock/XALL/disclosure

https://backend.otcmarkets.com/otcapi/company/financial-report/190362/content

As a result of the disclosure statement, OTC Markets removed the "shell" indicator from the company's profile. There is currently an indicator on the OTC Markets site for the XALL profile displaying "Shell Risk". This is an automatic indicator based on the most recent financial statements filed by the company. We expect this indicator to be automatically removed when the company files its Quarterly Financial Statements for 1st Quarter and 2nd Quarter of 2018. Xalles' fiscal year is the same as the calendar year.

Xalles Holdings will be soon announcing new executive team appointments during May as the company continues working to perform against its business plan.

About Xalles Holdings Inc. (OTC PINK: XALL)

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.

Visit us at Investors Hangout: https://investorshangout.com/Xalles-Holdings-Inc-XALL-91200/

Investors Hangout is the only authorized investor's blog page for Xalles Holdings Inc.

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov and in OTC Markets at www.otcmarkets.com.

Contact:

Investor Relations Contact:
Xalles Holdings Inc.
xall@i-businessmanagementllc.com

SOURCE: Xalles Holdings Inc.


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About Xalles Holdings Inc.:


Xalles Holdings Inc. (the “Company”) was formed in the State of Nevada on December 14, 2009, as Stella Blu, Inc. On August 21, 2015, the company changed its name to Xalles Holdings Inc. and is an OTC Pink company. The parent and wholly owned subsidiary (collectively “Xalles”) provide payment consulting services along with providing direct investment to payment solution companies.

As a wholly owned subsidiary of Xalles Holdings Inc., Xalles Limited provides payment solutions consulting services to clients. Clients range from banks to payment companies to IT firms supporting the financial supply chain.

Xalles has delivered projects for large corporations as well as small businesses that are trying to achieve international success.

PROJECT EXAMPLES INCLUDE:
• Launching prepaid and credit card programs
• eCommerce product design and implementation
• Design of mobile payments and other merchant solutions
• Launching financial rewards programs
• Designing and implementing G2B and B2B procure to pay solutions
• Designing and implementing intergovernmental (G2G) financial reconciliation
• Strategy development for firms solving International trade finance and supply chain finance challenges

ArrowVista Corporation is a wholly owned subsidiary of Xalles Holdings Inc.

ArrowVista specializes in prepayment and post-payment auditing services. This includes freight payment audit, personal property (household goods) payment audit, flight passenger audit and payment recovery. These services are available to Government agencies and corporations.

AUDIT RECOVERY SERVICES
This service, able for G2B and B2B transactions, compares buyer purchase orders against seller invoices and customer receiving reports for completed transactions. This post-payment audit service utilizes proprietary tools for historical data comparisons, and then provides clients reports of exceptions, including over-payments, that do not meet the auditing rule standards.

POST-PAYMENT AUDIT SERVICES
This service compares freight bills against bills of lading for completed shipments. This post-payment audit service utilizes proprietary tools for waybill rating and historical data comparisons, and then provides clients reports of exceptions, including over-payments, that do not meet the auditing rule standards.

PRE-PAYMENT AUDIT SERVICES
This service provides auditing of freight bills against bill of lading expectations. The service utilizes proprietary tools for waybill rating and data comparisons, to provide clients a dashboard and reports of exceptions that do not meet the auditing rule standards prior to the buyer (shipper) making payment to the transportation service provider.

> POST-PAYMENT AUDIT SERVICES
Save by identifying double billing, improper payments, undocumented charges, incorrect rates.

The pre-payment and post-payment auditing of procurement and payment transactions such as these transaction types:

• Freight payment
• Personal property transactions
• Passenger airline travel
• G2G financial reconciliation
• G2B and B2B payment transactions
• G2B and B2B products and services

> FINANCIAL TRANSACTION RECONCILIATION SOLUTIONS
X2X is our proprietary Blockchain-based solution supporting Investment & Financing Systems, and Operational Financial Transaction Reconciliation.

Xalles provides payment and financial transaction management solutions through our proprietary Blockchain-based X2X technology.

INVESTMENT & FINANCING SYSTEM (IFS):
• Supports Complex Investment Structures (revenue sharing, profit sharing, debt and equity)
• Assists International Investment Consortia
• Links to our FTR solution to maintain financial integrity in the investee’s operations

FINANCIAL TRANSACTION RECONCILIATION (FTR):
• Supports complex financial ecosystems
• Easier for parties to exchange products, services, grants, government incentives
• Assists “Exchange Managers” with liquidity and auditability

> INVESTMENT & FINANCING
Direct investment in an innovative project or company that meets our investment criteria.

SOURCE: http://licoenergymetals.com/




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This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.