Xalles Holdings Inc. (the “Company”) was formed in the State of Nevada on December 14, 2009, as Stella Blu, Inc. On August 21, 2015, the company changed its name to Xalles Holdings Inc. and is an OTC Pink – Current reporting company. Pursuant to the Share Exchange Agreement entered into on July 14, 2015, Stella Blu, Inc., Xalles, ArrowVista and Xalles Singapore will or have become wholly owned subsidiaries of the Company in exchange for the issuance of shares. The parent and wholly owned subsidiaries (collectively “Xalles”) provide payment consulting and audit services along with providing direct investment to payment solution companies.
Xalles Singapore Pte. Ltd. is under agreement to be wholly acquired by Xalles Holdings before June 30, 2016. Xalles Singapore is a holding company for international investments and to provide our organization with a base of operations in Asia. Proxima Financeira S.A. is a partially owned subsidiary of Xalles Singapore.