Xun Energy, Inc. (fka XNRG)

[michaeldesanta]

Xun Energy Business Plan Powerpoint Slide

http://www.sec.gov/Archives/edgar/data/1435936/000143593613000002/ex991.pdf

Not sure anyone's read it yet, but it has some rather healthy and loft projections. What I like the most is this:

Break even point less than 3,000 barrels per well @ $85 Oil

And since the price of oil is over $105 last I checked, this break even point is even lower! At around 2,400 barrels under my calculations. If the Iraq thing blows up the Middle East, in addition to us having to send another 5K service men over to fight their mess, the price of oil will skyrocket some more.

I'm not sure we can hit those high earnings targets, but ANY earnings or cash flow at this point will cause the $0.0001 PPS to shoot. $100K, $200K, $500K, $1M? It doesn't matter. Anything will get this rock off the ground. If #15 continues to produce and the water ratio goes down nicely, and then the other wells come online and start producing as much oil as forecast for the first year, this will skyrocket. Subsequent years should see larger production as the wells generally increase oil output over time. I'm not saying it will hit $1 without a reverse split or serious share buyback. I'm saying it will jump from where it is now. At an estimated 5.4 billion shares and an easily attainable market cap of $5 million, that's a PPS of almost $0.001.

I also believe it's in CEO Mikolajczyk's best interests to make the company successful. Unlike other penny stocks where the CEO and officers own little of the stock, he actually holds the most voting power by way of series B shares, which his current holdings convert (via series B derivatives) to an insane number of shares. His current common share holdings are 160,424,421 if I'm reading it correctly, and his series B holdings are 600,000, convertible to over 11,383,417,540 shares. Yes, 11.3 billion shares. So is it a coincidence that he recently authorized increasing the outstanding shares to 15 billion?

So I believe he has every interest to make the company successful, as he will be the person to most benefit from it.

Also, he appears to have voting veto over all other shareholders...