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XLI Technologies Inc (OTCMKTS:XLIT) Is Today's OTC Focus

XLI Technologies Inc (OTCMKTS:XLIT) Is Today's OTC Focus
Written by
Alex Carlson
Published on
February 13, 2016
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XLI Technologies Inc (OTCMKTS:XLIT) has surged out of nowhere to be one of the most explosive names on the OTC markets. XLIT is regularly one of the top most traded names among OTC names.

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. 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.The most recent news to come out of the company is that Bosch International has added yet another product to their Printed LightSheets line with a floating look, 4-foot tall, 2-foot wide and less than a quarter of an inch thick, free-standing, double-sided Printed LightSheet fixture. This fixture placement began in limited theaters on Tuesday, Feb. 9, 2016. This fixture provides an additional opportunity for Movie Theater/Cinema Chains, Movie studios and businesses yet another innovative positioning and advertising platform supporting additional revenue opportunities. CEO James Schramm said:

"Just like our 4'x8' stand alone, which we presented last week; It will simply be amazing to see this other free-standing, double-sided, lit up, 4-foot tall, 2-foot wide, and less than 1/4 of an inch thick advertisement. Through the use of creative design by our new Strategic Partner, M&T Displays, and the custom Printed LightSheet fitting, we see an extremely powerful way to advertise in the theaters while keeping the experience of Hollywood alive. In the future, we hope to see these free standing fixtures in numerous theater screens across the United States and Canada."

This is pretty big news for XLIT. In the US alone, there were 39,356 indoor movie theaters at the end of 2014. We can easily see XLIT partnering with one of the leading movie chains Regal Entertainment, AMC Theatres, Cinemark Theatres, or Carmike Theatres. As word spreads, we expect to see some press releases announcing a deal with one or more theater chains in the near future. A deal like that would really get XLIT share price moving.XLIT currently has a market cap of $115 million. One of the main reasons for this is that shares of XLIT are being promoted by the Trader's Choice group. The key for investors is for how long Trader's Choice will keep the promotion going. For continuing coverage on XLIT and our other hot stock picks, sign up to Insider Financial today and get our free penny stock newsletter!Disclosure: We have no position in XLIT and have not been compensated for this article.

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