SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DT Crystal Holdings Ltd.

(Last) (First) (Middle)
P.O. BOX N-9934, 2ND FL.
ANSBACHER HOUSE, SHIRLEY AND EAST STREET

(Street)
NASSAU C5

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
XL Generation International [ CYGI.OB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/19/2005 J 4,000,000 D (1) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option $1 08/19/2005 J 500,000 09/18/2005 08/19/2010 Common Stock 500,000 (2) 500,000 D
Explanation of Responses:
1. Please see footnote below.
2. Please see footnote below.
Remarks:
On August 19, 2005, XL Generation International Inc. (the "Company") entered into and closed a Share Exchange Agreement (the "Share Exchange Agreement") with XL Generation AG ("XLG"). Pursuant to the terms of the Share Exchange Agreement, the Company acquired all of the issued and outstanding shares of common stock of XLG in exchange for the issuance to XLG's shareholders of 15,000,000 shares of restricted common stock (the "Common Stock") of the Company. In connection with the Share Exchange Agreement, the Company has revised its capital structure. Pursuant to such actions, DT Crystal Holdings Ltd., the controlling shareholder of the Company prior to entry into the Share Exchange Agreement, as inducement to the shareholders of XLG to enter into the Share Exchange Agreement, agreed to cancel four million shares of the Company's Common Stock and accept in consideration thereof an option exercisable for 500,000 shares of the Company. In addition, the Company has made a stock dividend to shareholders of record of the Company of 9 shares of Common Stock for each share of Common Stock held as of August 29, 2005, provided, however, each of DT Crystal Holdings Ltd. and the former shareholders of XLG waived their respective rights to such stock dividend. After giving effect to such cancellation, stock dividend and such dividend waivers, DT Crystal Holdings Ltd. now holds the right to acquire approximately 1.9% of the Company's issued and outstanding stock upon exercise of an option at an exercise price of $1.00 per share.
DT Crystal Holdings Ltd., By /s/ Alan E. Cole, Director, Redcorn Consultants Limited and /s/ Michelle Patrice Bain, Secretary, Redcorn Consultants Limited 11/14/2005
** Signature of Reporting Person Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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