Update: XSport Global Inc. Received Correction Letter From Wyoming Secretary of State
13 Agosto 2019 - 8:37PM
InvestorsHub NewsWire
Update: XSport Global Inc. Received Correction Letter From Wyoming
Secretary of State
Wyoming Secretary of State Entered Incorrect
Shares
CHARLOTTE, NC --
August 13, 2019 -- InvestorsHub NewsWire -- XSport Global, Inc.
(OTCQB: XSPT) discovered on August 10, 2019, that the Wyoming
Secretary of State had inadvertently entered the wrong number of
shares of the Company’s authorized common stock. The
Secretary of State’s website indicated that the Company had
authorized an amendment to increase the number of shares of common
stock to 5 trillion shares. However, this was a clerical input
mistake made by the Secretary of State which immediately fixed the
error to the correct number the Company had in fact authorized 5
billion. Click here for a copy of the
letter: https://xsportglobal.com/wp-content/uploads/2017/06/XSport_Wyoming-Secretary-of-State.pdf. The
Company would like to reassure its shareholders that it did not
authorize an increase to 5 trillion shares and immediately took
steps to ensure the correct capitalization was showing on the
Secretary of State’s website.
The authorized
increase of additional shares has been created for upcoming
expansions and acquisitions. XSport Global is currently in
discussions with a few potential key acquisitions that have large
member bases, technology and revenue in the sports industry;
details to be announced in September. In addition to this
exciting news, XSport Global has the next HeadTrainer beta test
completed and research studies will be executed later this
year.
About XSport Global,
Inc.
XSport Global, Inc.
(OTCQB: XSPT) is a leading youth and collegiate sports technology
and media holding company focused on developing disruptive
sports-centric technologies and related media projects around the
world, where sports industries and players are highly regarded.
Backed by a roster of professional athletes and brand ambassadors,
we seek to help athletes achieve their full potential through
cognitive training, careers, genetics, recruiting and more. Our
flagship company HeadTrainer, Inc. was established to create,
develop, promote, market, produce, and distribute online/mobile
application cognitive training tools initially intended for the
youth, millennial and adult sports markets. The mobile platform was
designed and developed in careful coordination with a team of
professionals from the fields of science and medicine, and
world-class athletes from a variety of sports.
Visit www.xsportglobal.com and www.headtrainer.com for
more information.
Safe Harbor Statement under the Private Securities
Litigation Reform Act of
1995.
Any statements
contained in this press release that do not describe historical
facts may constitute forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
You can identify forward-looking statements by words such as
“anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,”
“may,” “plan,” “should,” “would” or similar words. You should
consider these statements carefully because they discuss our plans,
targets, strategies, prospects and expectations concerning our
business, operating results, financial condition and other similar
matters. These statements are subject to certain risks,
uncertainties, and assumptions, including, but not limited to,
risks and uncertainties relating to the Company’s ability to
develop, market and sell products and services, based on its
technology; the expected benefits and efficacy of the Company’s
products, services and technology; the availability of additional
funding for the Company to continue its operations and to conduct
research and development, and future product commercialization;
and, the Company’s business, research, product development,
regulatory approval, marketing and distribution plans and
strategies; the ability of the Company to execute on a business
plan that permits the technologies and innovations businesses to
provide sufficient growth, revenue, liquidity and cash flows for
sustaining the Company’s go-forward business, and the risks
identified and discussed under the caption “Risk Factors” in the
XSport Global Annual Report filed with the Securities and Exchange
Commission (the “SEC”) and the other documents XSport Global files
with the SEC from time to time. There will be events in the future,
however, that XSport Global is not able to predict accurately or
control. XSport Global’s actual results may differ materially from
the expectations that XSport Global describes in its
forward-looking statements. Factors or events that could cause
XSport Global’s actual results to materially differ may emerge from
time to time, and it is not possible for XSport Global to
accurately predict all of them. Any forward-looking statement made
by XSport Global in this press release speaks only as of the date
on which XSport Global makes it. XSport Global undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
Contacts
Media
Relations
Sean
Leous
212.389.9782
x102
sean@tradigitalir.com
Investor
Relations
Lester “LJ” Steptoe
Jr.
(949)
468-0075
LJ@xsportglobal.com
Grafico Azioni XSport Global (CE) (USOTC:XSPT)
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