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This number of shares outstanding was in the 2016 10k.
Plenty for you to buy. Someone is unload 50 million shares
Very quiet. Not even the usual peeps are around anymore.
Exactly why they are being quiet.
what is your theory? .0004?
To transfer the assets to another owner/investor at a particular share price as well as a planned reverse split.
Coordinated effort to keep this at .0005 or below.
It seems to me that this is purposely keeping this at .0005 or below.
where do they acknowledge the other companies tech?
You know.. the DMI is at almost historic highs right now... Going back to even 2009...
I believe Fisker has their own solid state. Or are you implying that they are using xnrgi tech?
I would assume something will happen between now and December. If they do have something they should be able to get additional funding. The fact they are keeping the long time common share holders in the dark for this long is pretty terrible. As you said before.. they are leaving a trail of bread crumbs for a lawsuit against the company, chris d'couto and board of directors.
Spot on.
What does the new investors ( 5 and 2 million) have compared to Sierra and Summit? Please advise. Thank you
Reading trough the 2016 10k again. I’m trying to figure out what it would cost the company to get rid of sierrra and summit as they own the majority of the company of their stock was converted, correct? I come to $5,000,000 to pay off Sierra and summit. Would you see this as accurate?
I’d doubt he’d tag his name to the tech if he and d Couto couldn’t prove the concep battery
That would be a very silly use of resources.
Agreed on all accounts
They will do some kind of PR with the battery tech and name change.
There is no doubt D'couto is a horrible business man. He should not be in charge of anything. If the battery is as good as they say.. it can't go down much further.
There are people who post here when the stock moves up at all. Why do you think that is? Go look at that persons post associated with a movement in the stock price up.
Company is good through December to fund operations. Relax kennypoo
There were short sellers yesterday.
Doubtful.
No, your conclusions are based on what you want people to think. The only fact we know is that FINRA requested the 10q and 10k to be filed so they were current with the form 15 filling. The reason could be they requested for approval of the name change.
Tickor change next.
7 million investment and then they asked for confidentiality on the battery patents. They have enough resources to fund operation through end of year. Also good news.
BR?
Since this 10k is only for 2016 can we assume since the 2017 hasn’t been filed there is information that could be missing? They indicate that they intend on being dark for the foreseeable future but could that be only as of 2017 or currently?
It also said the FINRA requested the file this 10k. Why would they request that? For name change? Etc?
selling.. a lot. Not sure why.
I think the 10k looks better. Waiting on the 2017. I'm guessing they are coming out of the dark soon.
the 10k is for sure getting cleaned up. Looks like they paid off the majority of their debt.
As of July 29, 2018, there were approximately 400 holders of record of our common stock. This number does not include beneficial owners of common stock whose shares are held in the names of various dealers, clearing agencies, banks, brokers and other fiduciaries.
In addition, the Company also amended its Articles of Incorporation to change its name to XNRGI, Inc. In May 2018, owners of a majority of the Company's voting shares approved these actions. The name change is pending FINRA approval.
this is promising..
Management has determined that, as of the September 30, 2016 measurement date, there were deficiencies in both the design and the effectiveness of our internal control over financial reporting. Management has assessed these deficiencies and determined that there were various material weaknesses in our internal control over financial reporting. The existence of a material weakness or weaknesses is an indication that there is a more than remote likelihood that a material misstatement of our financial statements will not be prevented or detected in a future period.
Management has assigned a high priority to the short-and long-term improvement of our internal control over financial reporting. We have listed below the nature of the material weaknesses we have identified:
· inadequate personnel for documenting and execution of processes related to accounting for transactions;
· inadequate segregation of duties due to the limited size of the accounting staff; and
· a lack of experienced personnel with relevant accounting and financial reporting experience, due in part to our limited financial resources.
We intend to design and implement policies and procedures to remediate the material weaknesses in our internal control over financial reporting in future fiscal accounting years, including the continued implementation of a new accounting system and related internal procedures, and pending the financial resources, the hiring of a qualified staff.
I would also assume they will be filing 10ks for 2017 shortly?
This would also suggest they are going to come out of the dark shortly. Wouldn’t you agree? Why file this 10k
“new Class A Common Stock”. This would suggest they are about to do the reverse split or they are amending the class A common stock we all own..
What are their full names?
so you think there are former employees of tesla working for xnrgi? proof please
I'd like to know where the endless amount of stock keeps coming from and who is selling it.