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Re: Carsmax177 post# 40830

Friday, 12/11/2015 2:34:07 PM

Friday, December 11, 2015 2:34:07 PM

Post# of 44483

The Quarterly reports for November 30, 2014 and February 28, 2015 are with the auditors. On July 8, 2015, the Company put the reviews on a temporary hold which became a long term hold until the company is financially able to complete the quarterly reviews and audits.


The XNRG quarterly reports for QE 11/30/14 and QE 2/28/15 were due to be filed by 1/15/15 and 4/15/15 respectively yet Jerry claims that the company didn't put the auditor's review of them on hold until 7/8/15? How much does Anton & Chia charge to review the financial statements in a quarterly report?

The most important updates needed are the current share structure and status of the $2 million in free-trading stock to be issued and sold to pay the "debts" claimed in the fraudulent use of the Section 3(a)(10 exemption. How much of the $2 million is remaining to be converted to stock and dumped on the public?

Even if one believed that Jerry, Peter and gang were honest and that that the company was really trying to do legitimate business, the knowledge that $2 million in new free-trading stock was going to be issued and sold on the public market should cause the realization that XNRG is NOT a good investment.

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