Tuesday, January 09, 2007

XLO / TFT Drama..

Firstly, i must apologise for not posting for quite awhile.

Wow.. what a drama going on in XLO/TFT in just a few short week. Firstly, it's the closing of TFT of which according to Andy, he has losed 97% of the fund in TFT and with around 3% of the fund left, he is trying his best to recover the fund and payback the investor by 31th Jan. This is follow by the announcement of holiday for XLO..of which he said that he need to fully concentrate on the recovery of TFT. This is again follow by the news outbreak by Jack of ASA saying that Andy is intending to sell XLO to Bob Krimm of Tri-star media..and according to Andy, he has no idea where Jack got the news from as he didn't leak this news to anyone. And now..Andy has finally completed the deal of selling XLO to Bob today! Here is the update:

"The purpose of this post is to advise all members that Tri Star has now completed the purchase of the website www.xlentopps.com

The transaction was completed just a few minutes ago.

I'd like to take this opportunity to thank you all for the support over the previous 12 months. I am proud of what we - as an instantly paying surf site, have accomplished.

I wish all of you success in the future.

Andy"


Well.. i don't know what to say. But all this make business sense to me.. it happen in real life business too. Many people build their business and sold it when they see an opportunity coming. I don't know much about Bob Krimm but it seems that he is a suitable candidate to run XLO from posting from some investors in the forum. This could be a win-win situation here as Andy can now fully focus on recovering TFT..XLO members can now go on making money without any delay under the new management. Let's hope everything goes well here.. i'm sure it will as long as Andy don't give up.