LAS VEGAS, March 17, 2017 (GLOBE NEWSWIRE) — XLI Technologies, Inc. (OTC PINK:XLIT) (the “Company” or “XLI”) is providing clarification regarding the past return and issue of 65,000,000 shares of the Company’s Common Stock to James Schramm. These shares were originally beneficially owned by Company CEO James Schramm. This stock is restricted.
James Schramm, CEO of XLI Technologies, Inc., stated, “I feel it is important to clarify this information to avoid any confusion. This is just another completed objective in which re-confirms my long term intentions and plan with XLI.”
About XLI Technologies, Inc.
XLI Technologies, Inc., provides unique, versatile, durable, and eco-friendly nanotechnology printed lighting products (Printed LightSheet) to the entertainment sector, including movie theaters, movie studios, production and distribution companies, talent and management agencies, marketing and PR firms, outdoor media and limited automotive in the USA and Canada. The Company is also exploring several other potential applications of the technology as well as expansion of territory rights.
Notice Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with intellectual property protection, marketing and sale, manufacturing and distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
CONTACT: Contact: Info@XLItech.com