XNRG - PLEASE READ SAFE HARBOR CLAUSE!!! How much oil are those wells going to produce? 4 months to drill 4 wells. It took XNRG 4 years to develop 2 wells and one of those have been sealed and abandoned(xun001) . Wheres the money coming from to pay Vencedor? Its useless to point out any prospective leads that do not have funds to actualize. How many irons are in the fire for XNRG and not 1 single solitary deal to bring in any income. The deals that get done in hours and not months or days are completing new Form 4s and signing off on CPNs. DISCLAIMER!!!! Adding the settlement to debt outstanding with interest is insulting. Isnt the CEO really just an accountant anyway? As with everything concerning CEO claims, everything has the caveat of NEEDING funding not providing it. NO ASSURANCES!!! Reverse split by summer....CEO needs liquidity...cant have that with a bid. Ppl are lined up at the exits. Time for management to pop the top to get some volume flowing. 4 years later and CEO is still talking up a storm and producing NOTHING.
That quote is outstandingly lame. Less Don Draper and more gormless bampot.
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