Xun Energy, Inc. (fka XNRG)

[Cassandra]

Jerry Mikolajczyk may file a Form 15 to de-register XNRG stock rather than file the belated 10-Q.

IMO the primary reason the 10-Q for QE 11/30/14 has not been filed is disagreement by the current auditors with the obviously fraudulent accounting in financial statements filed previously. Anton & Chia, LLC may be insisting on restating previous years.

Although quarterly statements aren't audited, smaller companies may have their auditors do a cursory review.

De-registering the stock not only removes the requirement for a company to file periodic reports, but has another benefit for a company that has diluted the stock into the ground. It is much quicker and easier for a non-reporting company to do a reverse split, which is clearly needed in order to sell the billions of free-trading shares to be issued under the misuse use of Section 3(a)(10) in exchange for $2 million in mostly bogus debt.

XNRG Form 8-K regarding change in auditors:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10239333

Edit: I just noticed that Jerry didn't properly edit the body of his previously-filed Form NT 10-Q to change the quarter from August 2014 to November 2014:

The Registrant's quarterly report could not be filed within the prescribed time period due to the Registrant requiring additional time to prepare and review the quarterly report for the period ended August 31, 2014. Such delay could not be eliminated without unreasonable effort and expense. In accordance with Rule 12b-25 of the Securities Exchange Act of 1934, the Company will file its Form 10-Q no later than five calendar days following the prescribed due date.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10411856