XALL Gained 188.46% In The Past
Week And A Half, Amid Growing AI
Initiatives And A Record Annual
Revenues And Profits Report For 2022.
Xalles Holdings, Inc., (OTCMKTS PINK:XALL) closed up another 7.69% today at $.007. This action continues a two month upward channel that saw its most particular upswing, just over the course of the past week and a half where within that brief time it moved from a low of $.0026 on 2/14/23 to a high of $.0075 today for a total gain of as much as 188.46%. At todays close at $.007 it continues to hold a 169.23% within the past week and a half from that .0026 low, making it one of the fastest gaining penny stocks in that time.
It is important to note that XALL was a prior pick that was provided to our Platinum Members, that gained 1,400% for them in five months’ time, back in 2020. During that year Platinum Members picks saw a combined gain of 7,474.47% on our penny stock picks. A full rundown of each pick released that year, including XALL, can be viewed here.
XALL Growth Began Early This Month, After The Company Provided Updates On Its AI Initiatives, Including Further AI Investment And AI Acquisition Targets:
The big move came largely due to multiple recent major updates from the company. As we noted in our XALL news update earlier this month, the company first began to pick up heightened attention, after the company released a press release providing an update on its Artificial Intelligence (AI) initiatives. In that press releases Xalles Holdings, Inc., pinpointed that AIGrowthHub, Inc., (“AI Growth Hub”), which it acquired in July 2022, has expanded its AI-based solutions into AI appointment setting, AI Advertising, and AI Consulting Services. Each of these services allow clients to utilize AI Machine Learning (“AIML”) to build demand for their products and services. The company intends to invest further into AI Growth Hub and is also seeking other AI related acquisition targets.
Growth Of The Blockchain Tech Industry And Bitcoin, Could Become A Boost For The Future Growth Of XALL, Due To Its Fintech Payments Business:
One of our earliest penny stock blog updates released on XALL, in which we revealed it as a members pick, was in a blog post that combined growth that XALL saw and also revealed growth seen on our pick on iGen Networks, Corp., (OTCMKTS PINK:IGEN). In that XALL blog update, we speculated that the growth of the blockchain technology industry could aid XALLs price per share growth because the company is a Fintech holding company that provides payment and financial transaction management solutions through Blockchain-based technology. We still have not yet seen XALL see a direct correlation to wider blockchain tech related investment growth and XALL but we still believe that growth of the cryptocurrency market could correlate to growth in XALL simply due to its financial payments structure and now with it becoming so deeply involved in AI over the course of the past year, that potential is even more so. We saw numerous cases of blockchain related tech companies seeing big moves, simply due to the growth of Bitcoin and other cryptocurrencies in the last bull market and with Bitcoin having its next halving coming up in March or April 2024, it will be interesting to keep an eye on whether this once again correlates to trickle down growth among blockchain related companies.
Xalles Holdings, Inc., Reported Record Revenues And Profits For 2022:
Earlier this month Xalles filed its Annual report for 2022 revealing record revenues and profits. Highlights of the report includes $5.9 million annual revenue with net profit of $1.1 million. The cherry on top, is that the Q4 2022 revenues and profits more than doubled the Q3 results for 2022, meaning that the company is growing rapidly and is on track to see 2023 become its most successful year yet.
Xalles Holdings Inc., Hired A New Investor Relations Firm:
Yesterday, Xalles announced that it has contracted, IR firm, Pacific Capital Markets LLC (“PCM”), to provide investor relations and shareholder services. This is a bullish change in that it shows a heightened interest in deepening its efforts to connect with investors and also to market its brand to necessary parties. This is generally a sign that a company is in a new growth phase and is now prepared to build awareness to the larger network that it has built.
With so much going on for XALL, we suggest keeping an eye on this company, especially next year, after the Bitcoin halving is completed because there is strong likelihood that its AI and Fintech payments endeavors will see it grow along with the cryptocurrency market due to crypto being the very essence of Fintech payments structures.
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