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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1393631	Xhibit Corp.	XBTC-OTBB	Services-Advertising (7310)	200853320

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1579697	J Jahm Najafi	2525 E. Camelback Rd., Suite 850 Phoenix AZ 85016		Yes	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.0001 Per Share	Acquisiton	2013-09-18	15,000,000	$0.03	59,440,000	No	4	P	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnote

Footnotes

15,000,000 shares of Xhibit Common Stock held by X Shares, LLC and acquired on September 18, 2013 from Chris Richarde. 44,440,000 shares of Xhibit Common Stock held by XSE, LLC. TNC Group, Inc. is the Manager of both X Shares, LLC and XSE, LLC, and has sole authority to direct the voting and investment control over the shares on behalf of X Shares, LLC and XSE, LLC. The Reporting Person is the director and an officer of TNC Group, Inc.
The purchase of shares from Chris Richarde was made pursuant to an Amendment to Mutual Release, dated September 18, 2013, among Mr. Richarde, the Issuer and certain of its subsidiaries, which, among other things, substituted X Shares, LLC as the purchaser of Richarde shares, increased the number of shares of Issuer common stock retained by Mr. Richarde, reduced the number of shares of Issuer common stock held by Mr. Richarde that must be held subject to a lock up, and terminated the voting agreement by Mr. Richarde in connection with the acquired shares. The share price had been negotiated by Mr. Richarde with a prior purchaser.