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Re: Kid-Gloves post# 28610

Friday, 07/04/2014 7:17:35 PM

Friday, July 04, 2014 7:17:35 PM

Post# of 44483
XNRG - Only an additional 60 BILLION at. 0002..or 135 BILLION @.0001 where we are currently pps..not too shabby.

http://sec.edgar-online.com/xun-energy-inc/s-1a-securities-registration-statement/2013/12/16/section3.aspx

Our common stock is quoted on the OTC Markets ("OTCQB") under the symbol "XNRG." The shares of our common stock registered hereunder are being offering for sale by the Selling Stockholder at prices established on the OTCQB during the term of this offering. On December 16, 2013, the closing bid price of our common stock was $0.0001 per share on the OTCQB. These prices will fluctuate based on the demand for our common stock.

Based on the Market Price of our common stock of $0.0002 on December 16, 2013, the Selling Stockholder would be able to sell approximately 75 Billion shares of our common stock, assuming the Company increased its authorized share amount accordingly and the registration statement, of which this prospectus is part, was amended to increase the shares registered thereunder accordingly. Such amount of shares ignores (i) the five percent (5%) cap on the number of shares that can be held by the Selling Stockholder pursuant to the Drawdown Agreement and (ii) the fact that the Company will not sell any Put Shares to the Selling Stockholder unless the Exercise Market Price of the Company’s common stock is at least $0.50. The term “Exercise Market Price” as used in this prospectus and in the amended Drawdown Agreement, shall refer to the average closing prices of the Company’s common stock for the prior three (3) trading days as reported on the OTC Markets.


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