XALL Bounce Potential: Blockchain, Streamlined Cap Table, Fintech Innovation”

New Opportunity:Xalles Holdings Inc. (OTCMKTS: XALL)

XALL is our newest pick.

We have been selective so far this year, given the volatility and corrective action in the broad market. But we’ve killed it on our high-conviction focus positions thus far, and we believe there are plenty of new opportunities now starting to pop up on the radar.

XALL is a great example. This is a fintech pioneer with tremendous speculative potential, including a side of crypto exposure given its recent acquisition of Blockforge to help design a blockchain-based version of the company’s new X2X platform.

This is particularly important given the recent resurgence of enthusiasm for blockchain, cryptocurrency, and Bitcoin over the past 2-3 weeks.

Shares of the stock have already triggered a bull signal on RSI after initial action and we are starting to see some key support in play, which could bode very well for a bounce setup from current levels.

Symbol:XALL

Company:Xalles Holdings Inc.



Who is XALL

Who is XALL

Xalles Holdings Inc. (OTCMKTS: XALL) is a company committed to the goal of becoming a dominant Fintech Accelerator by providing payment systems through its subsidiaries and partner companies.

The approach is to roll up strategic acquisitions that are launching financial supply chain solutions to under-served markets. The focus will be on solutions for the business and Government markets. The goal is to capture recurring revenue streams through services, audit recovery fees, and revenue sharing licenses.

The company touts its competitive advantages through its X2X financial transaction reconciliation platform, a payment systems expertise, and international business experience.

For targeted investments, Xalles has selected companies that have anchor customers, the right plan to capture the emerging target market, an exit strategy, and can leverage Xalles IP and payments systems expertise to add value and accelerate the rollout of their products and services.

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.

Recent Catalysts
The company just announced the restructuring of its common stock and the completion of additional debt reduction. According to the release, Xalles recently took measures to reduce the number of outstanding shares of common stock by more than 69%. This included the cancellation of a block of shares owned by the Xalles CEO, Thomas Nash.

Just before that, the company announced that it executed a Share Purchase Agreement for the acquisition of BlockForge Inc., a blockchain design, development, and implementation firm. This is particularly important given the recent resurgence of enthusiasm for blockchain, cryptocurrency, and Bitcoin over the past 2-3 weeks.

“The acquisition of BlockForge, Paul Erickson’s management expertise, and the resources he brings to our company will help form the nucleus of our new technology team for focusing on blockchain-based solutions,” said Xalles CEO, Thomas Nash. He continued, “The new team’s first assignment within Xalles will be to help design the new blockchain-based version of the X2X platform, including smart contracts.”

According to its materials, the company intends to utilize a blockchain-based platform to overcome client challenges in investment & financing systems (IFS) and financial transaction reconciliation (FTR).

 

BREAKINGNEWS: *$XALL* Xalles Holdings Inc. Acquires Co-Owners Rewards Inc.

 

Nice warm up on $XALL are you watching this one?