Xun Energy, Inc. (fka XNRG)

[osu78OnFire]

badgerbob Member Level Wednesday, 10/22/14 01:13:32 PM
Re: osu78OnFire post# 32945
Post # of 32949

How many new shares does the settlement amount convert to?

FIRST ONE ASSUMPTION BASED ON WHAT I STATED BEFORE REGARDING INCREASE IN A/S

XUN WILL NOT/CANNOT INCREASE THE A/S TO COVER THE NEW DEBT

THAT BEING SAID

THE MATH IS AS FOLLOWS

CURRENT A/S - CURRENT O/S = SHARES AVAILABLE TO PLACE ON THE MARKET

TOTAL DEBT COST IS $2,038,818 (FROM THE COURT INFO)

TOTAL DEBT / SHARES AVAILABLE = MINIMUM PPS PRICE THAT THE DEBT CAN BE SATIFIED AT.

BASED ON THE ABOVE THAT WOULD BE .0002614 OR .0003.

THUS THE SAFETY NET PRICE CANNOT BE SET LOWER THAN .0003.

NOW ALSO ASSUMING THAT XUN WANTS TO PROVIDE THE LEAST NUMBER OF SHARES TO SATISFY THE DEBT HOW DO THEY BELIEVE THEY COULD DO THIS IMO?

BY PROVIDING ADDITIONAL AND LARGER REVENUE STREAMS OVER AND ABOVE WHAT THEY HAVE TODAY!

THERE ARE PLENTY OF "INDICATORS" IN THE 10Q, THE 10K AND EVEN THE COURT CASE TO INDICATE THIS IS THEIR VERY INTENTION.

WILL THEY BE SUCCESSFUL? I DON'T KNOW, BUT I BELIEVE THEY WILL BE. THAT IS WHY I INVESTED HERE TO BEGIN WITH. NOT BASED ON WHAT HAS HAPPENED IN THE PAST BUT ON WHAT POSSIBILITIES LIE AHEAD FOR THE COMPANY.

TIME WILL TELL!


$$$ XNRG $$$