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Xalles
Holdings Inc. (OTC: XALL) is a holding company that focuses on
acquisition and support of disruptive financial services and technology
(fintech) companies. XALL actively seeks targets in which it can partner
with or acquire to accelerate growth, targeting companies with solid management
teams and business models, large total attainable markets, and lucrative exit
opportunities. XALL places emphasis on leveraging blockchain
technologies to provide industry-leading financial reconciliation and auditing
solutions, which, over time, will allow for the capture of recurring revenue
streams.
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On
July 21st XALL announced that it has executed a Share
Exchange Agreement to acquire 100% of Adaptive Metadata Solutions Inc.
(“Adaptive”). Adaptive Metadata Solutions is a Master Reseller of Adaptive
products and provides industry leading metadata analytics (data that describes
other data), and artificial intelligence solutions to large enterprises.
Adaptive
provides Fortune 500 clients with essential software solutions that deliver a
business discipline of data governance, control and innovation to the
enterprise. Industries currently serviced include Insurance, Financial
Services, Government Agencies, Healthcare, Energy, and many other regulated
industries, where compliance and data governance are critical to operational
and strategic success. New XALL acquisition Adaptive is projected
to generate at least $5 million in 2020 revenue and more than $10 million in
revenue in 2021.
The
XALL Adaptive product suite is used by clients that include Bank of
America, Federal Reserve Bank of New York, Western Union, the U.S. Government’s
General Accounting Office (GAO), Dell, United Natural Foods, and numerous
central banks and financial services companies.
XALL has also completed multiple other recent high value
acquisitions as follows:
1Rivet Global, through its proprietary 1Rivet PublicWorks Platform
“1RPP”TM provides eGovernment and payment services to developing and
emerging markets. 1Rivet Global will continue to focus its short-term sales and
deployment efforts in Africa.
Argus has a network of sales channels and
representatives which will be utilized to expand the sales reach of the
recently acquired XALL companies, including MinervaWorks and Intel365.
It is expected that Argus will provide marketing and sales services for new
technology-based acquisitions within the XALL structure of companies.
Intel365 is a background check technology and services
company that is a provider of employment background checks that includes drug
testing, criminal record checks, education, and employment verification,
reference checks, driving records, credit reports, social security trace and
address history, civil court records, global background checks, sanctions, and
risk reports.
MinervaWorks is a technology company that focuses on The
Brick application, Managed Services and IT Consulting. The Brick is
a piece of hardware installed on a customer’s network, that analyzes the technology
infrastructure, including end-user computing, systems, networks and
cybersecurity The Brick is cloud enabled and virtualized, and utilizes
proprietary edge computing platforms.
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On
June 9th XALL announced that it has expanded its cryptocurrency
and token strategies through a multi-pronged approach. One key goal is to build
a portfolio of cryptocurrency assets ranging from Bitcoin (BTC) and Ethereum
(ETH) to other alt coins. XALL will leverage a relationship with Vigor
Crypto Holdings, LLC, a boutique cryptocurrency advisory firm, for the purchase
of specific crypto assets as well as expert personnel to help manage the
cryptocurrency trading process. XALL will look to creatively acquire
these assets, in some cases in exchange for XALL restricted shares, and
then grow the coin value through various trading strategies, which will be
reflected in the balance sheet.
