Xun Energy, Inc. (fka XNRG)

[Carsmax177]

Yes, CMR needs to be paid up front for services.

This is stated in the CM Research LLC contract that the amount must be paid up front. On the court documents PDF it is page 25 under compensation from the court documents. Quoted here:

“For the services to be rendered and performed by Consultant during the term of the Agreement, Client agrees to pay the Consultant $365,000 upon signing the Agreement. Additional months of services rendered beyond month 13 would be compensated at $30,000 per month paid in advance of the month of services. All payments to be made by wire transfer or ACH payment.”

Link here: http://civilinquiry.jud.ct.gov/DocumentInquiry/DocumentInquiry.aspx?DocumentNo=8154974