XLI Technologies (OTCMKTS:XLIT) has emerged out of nowhere to take the OTC markets by storm. Three months ago, the company formerly known as Mineria y Exploraciones Olympia Inc. was trading at just $.20 per share. Then on October 23, the company filed with the SEC that they would be changing their name to XLI Technologies. This was followed by the acquisition of Bosch International, LLC, a Nevada limited liability company. 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.XLI Technologies, Inc., through its wholly owned subsidiary, Bosch International, LLC, provides unique, versatile, durable, and eco-friendly Nanotechnology printed lighting products (LightSheets) to select companies in the automotive industry and to the entertainment sector, including movie theaters, movie studios, production and distribution companies, talent and management agencies, marketing and PR firms, and outdoor media in the USA and Canada. The Company is also exploring several other potential applications of the technology.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 utilize 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, have no LEDs, no bulbs, no fuses, no glass, and not even any conductive metal. XLIT CEO James Schramm said:
“This super thin design produces a clean and pure light source that can be shaped, cut, bent, and folded into almost any shape or size you can imagine and still only uses a trickle of electricity... Printed LightSheets are also tough as nails, smash proof, and work perfectly in both extreme hot and cold conditions. This makes them the clear choice for so many demanding, creative, and unique lighting applications.”
XLIT looks to be focused on two main industries to start. The first is the motion picture industry. This month XLIT acquired the marketing rights to TrailerSpots, an innovative in-theatre video advertising platform. TrailerSpots were developed by Bosch Technologies, LLC, also licensor of XLI's printed LightSheets lighting products. TrailerSpots are 30 second musical presentations, which can play on the big screen (after the lights are turn down).The second focus is the automobile industry. Last month, Bosch International provided customized printed LightSheet films to InmartGroup, Ltd., a Detroit-area full service marketing company. The customized printed LightSheet films from this purchase order by InmartGroup were designed to meet the hood specifications of a 2016 Chevrolet Camaro. Following receipt of these customized printed LightSheet films, InmartGroup provided them to General Motors Company where they were anticipated to be used in a 2016 Chevrolet Camaro concept car.What really got the stock active was when it started being promoted by the newsletter Trader's Choice. They have sent out daily emails touting the company, its CEO, technology and potential. The most recent was an analyst recommendation from Charles Moskowitz issuing a $7.43 price target on the stock. This latest report said:
It seems clear that XLIT is positioned to do what very few companies have done: successfully brand and introduce a truly disruptive technology to a ready market. We recommend getting in on XLIT early, before the crowd. The benefits of the product itself are clear. We like the intensity of focus on the entertainment industry, where the CEO has strong existing relationships, and we also like the early success in movie theater marketing. Now, with national television exposure, we expect great things sooner rather than later. XLIT is a company on the move, and we think it is moving up, up, up.
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XLIT has benefited from the tremendous marketing campaign done by Trader's Choice. XLIT is a major promotion with huge volume. The key is how long it will last and what about the 25 million free trading shares purchased from ex-CEO Francisco Antonio Jerez Garcia for $0.002 a pop. We will be updating Insider Financial with more details on XLIT as soon as they emerge. Make sure you are signed up to receive the latest news on XLIT.
Disclosure: We have no position in XLIT either long or short. We have not been compensated for this article.
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