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Re: smit01 post# 31719

Wednesday, 09/17/2014 12:42:34 PM

Wednesday, September 17, 2014 12:42:34 PM

Post# of 44483

Questions that could possibly make the company look negative will be ignored.

Actually Jerry says they will be deleted altogether. He is obviously not a believer in transparency and thinks that some issues, regardless of their factual nature, are not in the best interest of the company or shareholders to fully disclose or explain. Unfortunately, what Jerry thinks is in the best interest of the company (driving demand for the stock so that it can continue to raise money through massive dilution) may not be in the best interest of shareholders who should have all of information needed to make informed decisions regarding their investment.

Dear Investors and followers,

We have opened the Xun Forum for Questions and Answers (Q & A) relating to the disclosures made in the 10-K for the year ending May 31, 2014 (2014-10K). The Xun Forum will be closed for questions at 5:00 PM PDT (8:00 PM EDT) on Tuesday, September 16, 2014.

Please place your questions or comments in this topic folder.

We will review the questions and on Friday at 7:00 AM PDT, (10 AM EDT), September 19, 2014, we will post the responses to the questions that relate to the May 31, 2014 10-K and meet our Terms Of Use.

The questions should be limited to clarification of the disclosures made in the 2014-10K.

Solicitation of additional information which is not public or cannot be made public will be responded to as such.

Questions off topic will be deleted.

Questions that are not in the best interests of the Company or its shareholders will be deleted.

Please read our Terms and Services, link: XUN_TERMS_OF_USE

We look forward to answering your questions for clarification on our 2014-10K filed with the SEC on September 12, 2014.

Respectfully,

Xun Energy, Inc.
Jerry G. Mikolajczyk
President and CEO

The disclosures in a company's 10-K are supposed to be clear and thorough and should not create more questions than they answer.

A 10-K is also not the form to use for speculative hype such as Jerry included regarding supposedly signed joint venture agreements to "collaborate" with one or more unnamed partners for the purchase, shipment and resale of jet fuel. If the company entered into one or more material agreements, they should be fully disclosed in a Form 8-K with the agreement attached. If he wants to create speculative hype, then he should put it in a PR.

The XUN 10-K is extremely unprofessional with some information being self contradictory. The financial statements are definitely not prepared according to GAAP and should not be relied upon. The misstatements in the financial statements are serious enough to be reported to the SEC.

Weinberg & Baer should also be referred to the PCAOB for review of this audit as well as previous audits of XUN Energy. It's inconceivable IMO that they would assert the following:

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Xun Energy, Inc. and subsidiaries as of May 31, 2014 and 2013 and the results of its operations and its cash flows for the years ended May 31, 2014 and 2013 in conformity with accounting principles generally accepted in the United States of America.

http://www.sec.gov/Archives/edgar/data/1435936/000143593614000074/f10ka20140531_xnrg.htm

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