XLI Technologies Inc (OTCMKTS:XLIT) has had several days that Investors would love to forget as shorts attacked XLIT with a vengeance taking the stock from well over $1 to recent lows of $0.20. XLIT was easy pickings for the shorts with its $100 million plus market valuation and a laughable $8,375 in the treasury and $115k total assets.
XLIT was subject to a multi-million dollar stock promotion by TradersChoice.net who claimed XLIT was their trade of 2016 and the next game-changer in nanotechnolgy. There is a landing page for XLIT at http://www.tradeoftheyear.com/xlit.pdf/ and a disclosed budget of $1,120,000 from Oct. 23 thru Feb. 3 from a non-affiliate third-party. XLI Technologies Inc (OTCMKTS:XLIT) says it was formed to capitalize on the anticipated huge demand for their new flagship product, nanotechnology printed lights, otherwise known as LightSheets.
XLIT completed the acquisition of Bosch International, LLC, a Nevada limited liability company in October. According to the share agreement from October 20, the Company acquired 100% of the issued and outstanding membership interest of Bosch, in exchange for 25,000,000 restricted shares of the Company’s common stock. As a result of the acquisition, Bosch became a wholly-owned subsidiary of the Company.
Bosch International, LLC holds the exclusive rights in the United States and Canada to distribute LightSheets (printed light technology/nano printed lights) for the entertainment sector including movie theaters, movie studios, actors, agencies, marketing firms, PR firms, outdoor media, motion pictures, and television. LightSheets are a truly 100% nanotechnology utilizing a specialty coating printed on a thin sheet (as thin as paper) to generate a clean and pure light that uses less than one watt of electricity per foot.
LightSheets can be as small as 1 X 1 inch or as large as 800 X 800 feet. LightSheets can be bent, cut, folded and smashed without causing any affect or altering to the light. LightSheets have a heat tolerance of 200 degrees F and cold tolerance of -15 degrees below zero, can stay on continuously for 10 years, has no conductive metal, no LEDs, no bulbs, no fuses, and no glass.
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According to TradersChoice.net ”Every once in a while, a so-called disruptive technology lives up to its billing. Think of smartphones, which didn’t exist until the mid-1990s and will sell about 1.44 billion units this year…or cloud computing, which has rapidly grown into a $65.5 billion industry.
By exploiting a new angle on the fast-growing nanotechnology industry, XLIT represents exactly one of those opportunities.b Because of their versatility, Printed LightSheets can do things that LEDs or incandescent lights can’t. They can be printed and cut to nearly any size. They’re virtually indestructible. They can be bent, folded, and even smashed without altering or affecting the quality and output of light—which simply isn’t possible with an LED or a 60-watt screw-in bulb.
As shown above, that makes Printed LightSheets perfect for applications in the movie and auto industries—and the announcement of the next big deal with a theater chain or car company could send their shares soaring. Of course, news could break on different application—and again, send prices much, much higher. Think about what could happen if they cut a deal in the $10 billion billboard industry…or to light the interiors of a fleet of $50 million commercial aircraft.
In their final email to subscribers on XLIT TradersChoice said ”Take advantage of the reliable recovery pattern. Right now, XLI Technologies (XLIT) is experiencing a pull-back below $1 and is presenting a buying opportunity to fast acting traders. Each and every time XLIT dips below $1.00, it quickly recovers above $1.25+ within days.
Look at how much money buyers of XLIT made on the last five retracements, this is a remarkably reliable trend :The last retracement, 68.8% GAINS. XLIT dipped to $0.77 and recovered to $1.30 within 8 days.”
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Currently trading at a $27 million market valuation XLIT has no assets or revenues and rising liabilities. The stock is a multi-million dollar promotion from TradersChoice.net with a landing page for XLIT at http://www.tradeoftheyear.com/xlit.pdf/ and a disclosed budget of $1,120,000 from Oct. 23 thru Feb. 3. The promoter successfully took XLIT from well under $0.25 to highs of $1.50 a share before the shorts stepped in and took it to the woodshed. The XLIT stock likely being liquidated into the campaign are from the forty unnamed individuals who received a total of 25 MILLION free-trading shares from ex-CEO Francisco Antonio Jerez Garcia for $0.002 a pop. XLIT also just issued 4,700,000 shares newly designated Series B Preferred Stock with a liquidation preference of $10.00 per share. Also on December 3 XLIT issued a $250,000 toxic payable which could be converted into 1.4 million free trading shares at $0.18. Watch for a dead cat bounce off reversal. We will be updating on XLIT when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with XLIT.
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Disclosure: we hold no position in XLIT either long or short and we have not been compensated for this article.