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XNRG - INCREASING SHAREHOLDER VALUE
XNRG - Why should it be stickied?
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XNRG - CEO does not have the financial pedigree nor the mental capacity to facilitate this deal. Talk talk talk and NEVER comes through. NOBODY credible needs this CEO for anything other than to balance the books with debt.Every other sentence in recent stated plan of action has a caveat regarding ability to raise money as usual. Can they stick to ONE thing they are good at and make money already. Read the ever changing prospectus these guys spin everything. The main interests are selling shares for CPNS which CEO has vested interests in. He arranged multiple toxic loans for XNRG as a "consultant" for Comtax.
Literally the next day he goes from consulting at Comtax to being CEO for XNRG. HMMMM. CPNs due in October and November and guess how much debt interest is eating up already paltry "revenues". People want to sweep the lack of execution to usual pinky stock action instead of demanding results or follow through. Management has done NOTHING for shareholders since inception. You are treated to half stories to keep you engaged and but the reality is Managements performance has brought the company to a 6 month threshold of shutting down operations.
PLEASE POST OTHER SUCCESSFUL MIKOLAJCZYK STORIES OR HOW HE HAS MADE YOUR PORTFOLIO LOOK OUTSTANDING!!
XNRG - How will the debt be paid off or reduced ? Where is the debt coming from? Get the butler outfit ready and shine those cufflinks. XNRG HAS NO MORE MONEY! If you read the 10k you would know XNRG has no capital to continue drilling the other well locations. Follow the THERE CAN BE NO ASSURANCE OR DEPENDENT ON THE COMPANYS ABILITY TO RAISE THE NECESSARY CAPITAL..THERE CAN BE NO ASSURANCE OR DEPENDENT ON THE COMPANYS ABILITY TO RAISE THE NECESSARY CAPITAl....
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XNRG - Whats the math on those revenues vs whats being spent? Does revenue negate debt or expenditures? Wolf tickets here.
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XNRG - I have serious doubts how that 15 million would be used. XNRG management would have to DETAIL and break down how the money would be used. NOTHING comes to fruition the way management claims it will regarding timelines for executing "strategy plan". IMO I agree a R/S would be the best thing to do as of this point because all other bridges are burned. DEBT and monstrous a/s is going to make it difficult to go green. Volume will be pitiful next week. For shareholders sake 5000 would be the absolute max.
XNRG - Mikolajczyk the lil engine that could.
Global Power and Water Deal = FAIL
XUN001 Well = FAIL
Lea Kennedy d/b/a LuxemBarings deal = FAIL
West Crockett Lease deal = FAIL
Kentucky lease deal = FAIL
Corse Lease agreement= FAIL
Lalley Lease agreement= FAIL
Rice Lease = 1 of 45 wells completed. Not enough capital to continue operations longer than 6 months.
Supposedly raising financing to competitively bid on 61 million gallons of jet fuel and then to market and sell it. NEVER going to happen.
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XNRG - GOAT MEAT AND JET FUEL, these guys must have INSANE marketing and selling talent. Feel free to drop them a line...in JAPAN!! Making extradition difficult. They say in part of what makes Mikolajczyk a successful businessman is his ability to think outside of the box. *Chortle
http://gulfworldlimited.org/clients/
XNRG - DISCLAIMER!!! NO ASSURANCES!! PLEASE READ SAFE HARBOR ACT!!!
XNRG -
XNRG - 150 BILLION at .0001
XNRG - RISK FACTORS
XNRG - Conflicts of Interest
XNRG - Why didn't you include the claims from 2011 to present day. Drilling oil and now supposedly on to selling jet fuel that XNRG does not own. Merry Go Round keeps going. Laughable at best.
XNRG - Is it a conflict of interest when the "CEO" is actually one of the note holders when he was "consulting" for Comtex? 3 Billion shares is not a good combination with toxic debt. Even with the lone producing well, managements salary alone negates that. How is CEO going to turn this around. OR how DID he turn it around ? I dont see a happy ending here.
WHY IS Mikolajczyk POSING AT WELL#5?
Vendecor and Northeastern make it easy to sell the story.
XNRG - Or to actually prove ANYTHING.
GRAS - Horrible but expected. Reverse split will be next after "pizza" season fails. Scam written all over it starting with Fong. SEC should be knocking soon with enough complaints.
XNRG - Do investors really believe-for ONCE since Mikolajczyk has been CEO, that the price per share at the end of the year will finally be higher than when the year started. Doubt it given track record of failure. No reverse split and no increase in share structure would be a good start for investors.
CAN THIS CEO RAISE PRICE PER SHARE 1 TIC OR MORE? WITH 35 + YEARS HANDS ON EXPERIENCE YOU WOULD THINK SO.
XNRG - Only 2 choices? A stock is currently a POS when someone considers stating facts is considered bashing. You know my intentions but not Managements?
XNRG - Billions in the float...millions in debt. Minimal revenue at best. Going to be interesting how this plays out. What does 35 years of experience get shareholders?
XNRG - DISCLAIMER!!! PLEASE READ SAFE HARBOR ACT!! NO ASSURANCES!!! UPDATED MAY 7 2014.
http://www.xunenergy.com/Docs/Risk_Factors_R1_Black_new%20Logo_z.pdf
LTUM - Looking to get back in the .6 -.9 range. May not happen for awhile though.
LTUM - Looking to get back in the .6 -.9 range. May not happen for awhile though.
XNRG - Buying on fear. There would be no fear if it wasnt created by the ineptitude and failure to execute on managements behalf. THEY created the fear by dropping pps to the depths it is now. Adding 10 billion did not help things and to go from posting 3 or 4 times a week to nothing is not only irresponsible but a total LACK of transparency as to what the company is doing WITH YOUR MONEY!. Its not the posters here its the inaction and constant let downs that as led XNRG to where it is now. If they have a shred of credibility there will be no reverse split and things should go up after fins or 10k. I personally doubt it but will be staying tuned. IMO
AQUM - This could be the start of the reverse split or a recovery. Interesting nonetheless. GL.
XNRG - Mikolajczyk quoting Bush. Fitting. Not a lot of pre loading for "big business" strangely. If management can not bring .0001 up with a producing well that will be just plain horrid. I sincerly hope they will ease up on shareholders and try a and build some value for them here. So far its been a blood bath.
RAISE THE BAR FOR YOUR SHAREHOLDERS!!!
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BKCT - DTS8 should be releasing some positive news this month. Stay tuned.
XNRG - With all the shares being bought up today I better not miss out on all the action. Lets compare XNRG with that other company you mentioned. Im not going to get into pps history or management. I think you already know why. XNRG is no where near the class of that other company. I may be going out on a limb but I think 20.4 billion market cap is a safe bet that there is no toxic financing or debt to worry about.
FLOAT
XNRG 6.8 BILLION
Other 5.7 Billion
MARKET CAP
XNRG 345k
Other 20.4 BILLION!
VOLUME
XNRG 4.7 Million over 10 day period
OTHER 33.5 Million over 10 day period.
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