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Don't be sorry, lets figure out what we exactly want to ask him and we will send him an email and post his response.
I know what your saying, but in the corporate world one T don't get crossed one I don't get dotted can cause a 1 to 2 week delay. For a penny stock like this its just more ammo for the non believers to fire. Myself I would not put out a 8K on anything until a deal is done.
I understand no volume up to10Q because Jerry is not going to put out a fluff PR to drag in investors. I also understand why there has not been volume since. People read 10Q, formed their opinion and did not ask the CEO the questions that needed to be asked. I made up a questionnaire of all negative points since 10Q and emailed them to Jerry. He responded to all of my questions just like he will to all investors who take the time to do the same. I for one am happy with my investment here, to each his own.
Unbelievable is a good word when I look back at all the posts since 10 Q. Number 1 everyone says lawsuit is the end of XNRG, if you take the time to email or call Jerry and ask about it you will find that it is just the opposite. Number 2 JV002, XNRG and their partner have paid their 50%, as contract stated JV002 has to pay 50% of agreement. That's a done deal. Number 3- #15 is producing oil and creating revenue.
4on4off board looks good, nice job!
Your right, so since JV002 has paid their 50% for shipment, that would mean XNRG and their partner have both paid.
Here is one question worth asking. JV002 paid their 50% payment.
Since JV002 is made up of XOM and another partner, wouldn't be safe to assume XNRG has already made payment. That is a question I asked.
MNGG lowers AS 1.5B - http://www.otcmarkets.com/financialReportViewer?symbol=MNGG&id=127708
From the 10-K the second and possibly better contract for Aviation fuel.
The Company entered into a Profit and Sharing Agreement (JV003) on August 18, 2014 with an arm's length 3rd party for the financing of 20% of a 8,540,000 metric ton SPA for Aviation Jet Fuel FOB Rotterdam. The SPA is subject to XOM obtaining financing for 100% of the 8,450,000 metric ton SPA.
Kind of a key thing here is XOM 100%. Big revenue!
I have been reading all the posts today, we are in good shape here. I have noticed the post are about the Jv002 contract for 61m barrels, but not much talk about the JV003 contract. The JV003 contract is for 8450000 metric tons which from my understanding is equivalent to 8 barrels/metric ton. Not sure if my math is wrong but this seems to be a pretty good contract in itself.
GM Daddyvlo, Rice #15, 2 Aviation Jet Fuel contracts, all I can see from here is $$$$$$$$$$$$.
Badgerbob you can read every sub penny stock in the world, they all have paragraph that states to same effect what you just posted. I call it the "don't invest into penny stocks if you cant afford to lose the money" clause. Monday will show the big picture, from investors on this report. One month will show the picture of revenue of Rice#15. Go XNRG!
I think you are 100% right! GO XNRG
Marco I have been in touch with Jerry a half a dozen times over last month either by phone or email. He is no doubt being very tight lipped about everything and I most generally have gotten the same response as you, it will all be answered in the 10-K. I have not been here as long as you which makes me a little more optimistic. He has said more than once that shareholders are going to be very happy when he gets everything put together. I tend to believe there is something to do with the XUN Marketing that will make us happy. A few days we all will know, from the NT10-K he had 15 calendar days from that date to file. Staying positive, Go XNRG!
Right, management greed, you don't know what you are talking about. Good luck to you.
Not as much volume as I thought we would see today. Although there was 100m shares bought without the ask showing any movement. It would be my belief that these were all conversion shares held by MM's and sold by MM"s. If so we have another 500m to go. Relax once these are gone and financials come out its bye-bye trips.
Food for thought for all investors here and in any stock. There are groups of investors at many levels, There are those that will buy at .0001,there are those who wont buy until .001, and groups until .005, groups until .01, and groups until .10. Point is don't freak out over flippers and because the stock goes down a couple ticks. Ever milestone a stock reaches, someone else will be there waiting to take over. Great potential here. Go MNGG!
Getmoreshares and my good buddy Tex is here! I know I am the new guy on the block, but am in for long haul. Bought in a couple months liked what I saw in this stock. People are worried about flippers now, they will come and be drove away because The real investors know what we have. I talked with Getmoreshares earlier and predicted that we would see .0006-7 this week and flippers will dump and be gone at that time will dive back down to 4's. But when financials come out the trips will be gone. Hold strong and long, because penny land here we come.
There is one fact that is true, #15 is generating revenue, if it was not generating revenue, being their only source of revenue they would have to report it. The reasons they are not putting out updates on the success of #15 is very understandable. If you do not know why he is not reporting send Jerry an Email and ask that very question, I did , he will answer. Everyone that cant wait until Oct to hear that news probably should not be invested in XNRG anyway. To those of us that do understand we will be happy.
So Stock Guy777, would you let the rest of us know why. I believe good things are coming our way. Go XNRG!
To the best of my knowledge #15 is only one producing oil.
Thank you! Just my thoughts and correct me if I'm wrong. I believe by now that they may have made enough off #15 to get drilling rig back. Hopefully in Aug we will hear news about other sites up and going.
They say board marks bring good luck, so I gave #40.
GM igotgame2star, Agree with you 100%. If people have patients over next 2-3 months they will be glad they did.
XNRG - Great job of posting today long timers. If you don't think your post have as much of an effect on the PPS as what the CEO does or doesn't do your wrong. Sorry you all took major losses somewhere along the line, but you all held on and did not sell when you should of that's your own fault. All the facts of info you posted today where from 2010 - 2013. Guess what us new investors don't care about then. Its 2014 we have oil and we are moving forward. Good Luck to All!
I know what your saying also. I understand the situation you longs are in. I do wish you and everybody here the best of luck.
My point is, negative post are not going to help us the shareholders. It's 2014 we got to live for now and the future.
If I am not mistaken an 8-K is filed through the Sec, which was closed Friday. So it could be possible to see an 8-K tomorrow. Last years 10-Q from Aug 31st was filed Oct. 11th, there was also a 10-K filed Sept 9th. We could see the #15 production results in both of these filings. XNRG
As I posted earlier today, there is only one person that can answer all of our questions and that is Jerry. As investors we should be able to post our concerns to him. Never judge a book by the cover, always ask the author their intent. If you ask the questions and get no response then it's time to worry.
I sent Jerry email yesterday asking how he planned on financing the drilling rig, solely from #15 or if he had other plans. Have not heard a response. Maybe we should all email that question to him. I'm sure he probably wont tell us if RS is in works but maybe he will give us another possibility. Just a thought.
XNRG #7 Breakout boards.
You can probably get that order filled at 0002.
XNRG Update Dear Folks,
We report that the Rice #15 oil well has produced 195.89 barrels of crude oil as of 7:04 AM EDT, July 4, 2014, since oil began streaming on June 16, 2014.
Production of crude oil and water on Rice #15 is leveling off. Based on the last 24 hours of production, Rice #15 is producing at slightly less than 3.5 to 1 ratio of water to oil. We reduced the pulley size from 7" to 5" and will pump at this rate for now.
During the week, Ergon picked up 147.87 barrels of crude oil generating revenue for the Company. Ergon picked up a partial load due to local and state laws. Crude oil tanker trucks are restricted to a maximum of 150 barrels of crude oil per lift. Even though the load is less than 150 barrels, the Company will be paid on the pricing for "plus 150 barrels" due to the fact that more than 150 barrels was in the 210 Stock tank at the time of pickup by the tanker truck.
This is our last production report for the Rice #15 well on the Xun Forum. Our revenue will be reflected in our next 10-Q which is for the period ending August 31, 2014.
The drilling rig was demobilized from the Rice lease and is not scheduled for drilling the remaining four oil wells on the lease at this moment. Management decided to wait until all the funding is in before re-scheduling the drill rig.
Thank you for your support and faith in the Company and its management.
Respectfully,
Xun Energy, Inc.
Jerry G. Mikolajczyk,
President, CEO, CFO, Director
One hour to go hopefully we stay at 2.
Badgerbob I think its to early to give up here. JMO but I think the next video will be them pumping oil from the holding tank to a truck. I think that we may see that early next week. Have a good 4th of July weekend.
Thanks for that post crazyjogger. In the video he said it was a 15' tall tank, I was curious of how many barrels of oil that would hold. He also said there was 140.5" of oil in that tank, which would be approx. 4/5ths full. So we are looking at approx. 160 to 165 barrels of oil. Looking good to me. Go XNRG!
Thanks for info Blue, you got a mark from me.
XNRG Update - Dear Folks,
We report that the Rice #15 oil well has produced 90.63 barrels of crude oil as of 7:00 AM EDT, June 25, 2014, since oil began streaming on June 16, 2014.
Rice #15 is coming on stronger with oil. Based on the last 24 hours of production, Rice #15 is producing at slightly less than 4 to 1 ratio of water to oil. We are pleased to see the ratio of water decreasing to each barrel of crude oil. The production of water is still above average for this area.
We are continuing to closely monitor the production and are evaluating the production results on a daily basis.
Thank you for your support and faith in the Company and its management.
Respectfully,
Xun Energy, Inc.
Jerry G. Mikolajczyk,
President, CEO, CFO, Director
XNRG Update - Dear Folks,
We report that the Rice #15 oil well has produced 90.63 barrels of crude oil as of 7:00 AM EDT, June 25, 2014, since oil began streaming on June 16, 2014.
Rice #15 is coming on stronger with oil. Based on the last 24 hours of production, Rice #15 is producing at slightly less than 4 to 1 ratio of water to oil. We are pleased to see the ratio of water decreasing to each barrel of crude oil. The production of water is still above average for this area.
We are continuing to closely monitor the production and are evaluating the production results on a daily basis.
Thank you for your support and faith in the Company and its management.
Respectfully,
Xun Energy, Inc.
Jerry G. Mikolajczyk,
President, CEO, CFO, Director