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He is not the drilling company, he is with Xun.
I dont think this will go back below .001 regardless if the recent finances are forgotten, the next one will be one to blow this back up and then the one again after that, this stock needs to be held on to and not sold. Taking gains of 700% instead of 1500% is going to be what keeps the stock from a quick rise. By the next report, this stock will be bubbling with pressure to break out and up if it doesnt happen before they are released.
That is May 2nd. 2013 not 2012 correct?
If you take out the one time operating expenses of $473k from compensation (restricted share compensation) and legal fees, the loss of operations dropped more than 60% to under $200k.
Thats Dern good!
This stock is going to be a 5-10 bagger in no time.
3q looks great, last 9 months look much better than previous! Boat shows in progress, boosted sales continuing!! BWMG all the way!
$BWMG Boom!!!
He is a good talker..
If he does that, we still need financing for the remaining wells. They will probably need to show that all 4 are producing before someone will finance.
Partial Fill?
XNRG Hit a penny Today, haven't seen that in a while
Those are board compensated shares. I don't know what they are priced @ .04 but they get those for being on the board and kicking dirt
This is a real business, they have been around since the 60's, how many stock on the OTC can say they have been in business with an income since the 60's??
They are not going anywhere except up!
I believe your basing this company from the foreclosure and lack of resources from earlier in the year, with all the updates and increased distributors, this company may very well be on a great turnaround (compared to a good one). Q2 they profited >50% over the cost of the revenue, an increase of 90+% from the quarter before.
losses were very bad after the oil spill, and they lost a lot of business. They outfit yachts and are located in Florida, goodness.
They are making a huge turnaround!
Besides bonuses and a raise to the president what else were the restricted shares used for?
BWMG news!
Lets drive the stock back up with this!
Looking good, it seems xnrg has a paid employee that has a set responsibility other than sitting and collecting stock. This is good stuff!
lets have a well get producing and 5 mil will surely come after that!
I use fidelity for my pennies, It works out pretty well.
Some Buys are hitting!
BBands Look great too!
XNRG needs to post news of financing and get some pistons firing drilling holes!
From the news:
Triton Submarines LLC is part of the U.S. Submarine group of companies. The Triton line of submersibles includes the Triton 1000 two- and three-passenger models and the Triton 3,300, also available in two- and three-person models, diving to 1,000 and 3,300 feet respectively. The group also builds larger luxury submarines for yacht-based operations that carry 4, 6 and 10 passengers (www.ussubmarines.com), as well as large diesel-electric luxury submarines and tourist submarines. The group is also building the world's first undersea resort in Fiji (www.poseidonresorts.com) and has formed a new company engaged in building sea-floor residences and commercial buildings (www.ussubstructures.com).
BWMG with this.. LOOKS GREAT!!
I got and extra 500k shares just before news hit, lets go keep Rocking!!
people see this!! Skyrocket BWMG!!
Lets goo!!
This is great, an already established company with breaking news and showing up at major boat shows displaying their product!
Lets goo!! BWMG!
Go look at that guys past posts on other boards... there is no reason to believe a word he says
I used the find command to get to 30k the first time and then the second time, highlighted and then copied it to word.
I did not see BWMG either.
There is no credibility as long as there is no proof.
Well that is good to hear. Lets see some news.
It might not be your style, but finance the first well, or even first 4 wells for them and take $100k worth of shares for each $50k of work.. even with dilution, you will at the very least break even (conservatively speaking).
Investor Relations: 1-775-200-0505
167,000 per well * 30 wells = 5,010,000
The cost is 5 mil for them all.
They only need 167k by Nov 31st, and an extra 500k by Jan 31st, and then the rest for the other wells according to their plan... if they can get 5mil now, they can do all the wells quickly and start bringing in revenue now to pay bills and operating costs.
Jerry's contract also gets renegotiated if he can secure a minimum of 5mil of financing...
Maybe Jerry will be inclined to try the financing so he can renegotiate that contract for more money/shares. (being optimistic)
SBC, what do you think, will XNRG swing money, or do youthink this will be a total blunder after November and complete loss of investment?
On pace for much more volume today. Too bad that there is tons of day trading going on with this.
It creates decent chances to add position on the lows that occur
Looks like Stock will bounce back sometime Monday and late Tuesday. Great buy at .006 - .01. Great time to buy it up
Hold on to them, there will be plenty of time to dump if indeed something fails to post later.
Big Dumping, creates a great time to BUY BUY BUY