InvestorsHub Logo
Followers 0
Posts 2675
Boards Moderated 0
Alias Born 04/11/2013

Re: None

Tuesday, 09/16/2014 6:04:53 PM

Tuesday, September 16, 2014 6:04:53 PM

Post# of 44483
EXCELLENT STICKY right here, TY

JERRY

2014 CEO OF THE YEAR, imo

XNRG

2014 STOCK OF THE YEAR, imo


osu78OnFire Member Level Saturday, 09/13/14 03:19:48 PM
Re: TRAPPER JIM post# 31129
Post # of 31704

Yeah, and while OUR shares were being issued this is just a SMIDGEN of what has been happening:

Over the last several years, the Company’s President and CEO, Jerry G. Mikolajczyk, acted as an intermediary to facilitate petroleum product and precious metals transactions between sizeable Buyers and Sellers. He did this on a pro bono basis. In the fall of 2013, Mr. Mikolajczyk was approached by active and committed buyers to assist them in sourcing and procuring refined petroleum products in new markets. Since Mr. Mikolajczyk's experience in this area of petroleum and metals marketing is significant, the Company formed a division, headed by Mr. Mikolajczyk to capitalize on opportunities in procurement services for active buyers. The Company calls this division Xun Oil Marketing (XOM) and it is now in the research and actuation evaluation stage of development so it can ultimately initiate the following business objectives. The research and evaluation has evolved and is based on the following primary business objectives:



Purchase high quality petroleum products from reputable Suppliers;

Establish long term Supplier contracts;

Sell high quality petroleum products to Majors;

Establish long term sales agreements with the Majors; and

Establish long term relationships and creditability with Suppliers and Buyers based on product quality, delivery performance, service and flexibility.

On May 25, 2014, the Company, through its wholly owned subsidiary, Xun Oil Corporation, entered into a Joint Venture Agreement (JV002) with an arm's length 3rd party to collaborate with the 3rd party in completing its obligation on a 61 million barrel Aviation Jet Fuel FOB Rotterdam, over a 13 month period, Sales and Purchase Agreement (SPA) dated July 27, 2013 with a supplier of Aviation Jet Fuel. JV002 is subject to financing and is subject to changes to the SPA with the supplier.
The Company will participate as a 50% joint venture partner in the 61 million barrel Aviation Jet Fuel purchase and sale. JV002 plans to sell the Aviation Jet Fuel at prevailing market prices to Major buyers. (i.e. airlines, end users of aviation jet fuel).

On June 1, 2014, the Company entered into a SPA (JV003) for 8,450,000 metric tons of Aviation Jet Fuel FOB Rotterdam, over a 13 month period, with a Supplier subject to financing.

So TWO DEALS in the works noted so far...61 million barrel Aviation Jet Fuel FOB Rotterdam, over a 13 month period AND 8,450,000 metric tons of Aviation Jet Fuel FOB Rotterdam--ROTTERDAM--the European, if not WORLD, hub for commodities trading, deliverable over 13 month period. TWO JOINT ventures to buy/sell MILLIONS and MILLIONS of fuel in the WORLDS HUB for trading? How many more are available to XOM that is not listed? HOW MANY joint ventures worth mind boggling dollars in the end are being made to XOM???

Looks like MONEY WELL SPENT BY JERRY TO ME!!!!! When the revenues start to rake in from the closing of these joint ventures, this AS/OS will mean nothing!

$$$ XNRG $$$


MAKIN BACON STOCK PICKS

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.