Xun Energy, Inc. (fka XNRG)

[Cassandra]

XNRG's abuse of the Section 3(a)(10) exemption from registration to issue over $2 million in free-trading shares in exchange for questionable so-called "debts" owed to insiders and other related parties (including prepayment for services not yet rendered) pretty much assured continuation of a no-bid status.

The cessation of filing the required periodic financial and disclosure reports on via EDGAR is just more evidence of a scam operation that primarily exists to sell stock and enrich insiders.