XNRGI Inc fka NPWZ

[ShortonCash]

Operational efficiencies:

http://www.prnewswire.com/news-releases/neah-power-systems-issues-letter-to-shareholders----april-20-2016-300254363.html

CFO appointment of Jeffrey A. May, CPA. We would like to thank David Schmidt for his services as the Acting CFO. We are pleased to announce the appointment of Mr. May, CPA as Acting CFO for the Company. Mr. May has been instrumental in the accounting services for our financial reports for the last approximately 1.5 years, and in this function will continue to do so. This change streamlines our reporting, and reduces the operational cost at the Company.

Saving money by paying Jeffery May $12,000 per month and he has yet to file timely... you can see how timely the Paul Sildo annoucement was the recent 8k came out and Paul Sidlo Neah Power has his employment listed as 10 monthes . Operational efficiency - saving time by not filing...
Jeffery ...??? where are the reports....

Neah Power
Dates EmployedJun 2016 – Present Employment Duration 10 mos LocationUS
Next Generation Technology to Transform how we Store, Generate and Manage Energy.

New facility location: We are in the process of moving out of our Bothell, WA facility since we had excess un-utilized capacity at this location. During this period we will focus on the battery testing and development, which is happening at a third party facility in Beaverton, OR and the Formira HOD® development, which is occurring with consultants located in Vancouver, British Columbia.( Sean Huff's father has a lab in Vancouver?) This further allows us to conserve capital while we close out our funding and licensing negotiations.
Business Update:

I had recently visited the United Arab Emirates (UAE) at the beginning of March, and again at the end of March to explore certain licensing relationships to implement manufacturing and other partnership agreements. There is clear, and enthusiastic interest, and we are negotiating to mutual benefit with them. We will update as this effort finalizes.
We are in discussions with the Economic Development Authority of two large States in the USA regarding relocating to enable their focus on renewable energy and battery storage. We expect this to get finalized in Q2 2016.
We continue to make progress on the previously announced MOU with a South Africa entity. We are scheduling a visit by this entity to our location, which is expected to happen in the April / May 2016 timeframe.
Our negotiations with the India entity for the Formira HOD is ongoing, and we expect completion of a deal in the Q2 2016 timeframe.
Our discussions with the DRDO are ongoing, and we are exploring a partnership with a different entity in India to represent us in these discussions with the DRDO. This should help speed up the transaction with the DRDO.
Finally, the PowerChip® Battery continues to get tremendous interest due to its differentiated performance, manufacturability and scaleability.
While our capital sourcing is ongoing, we are diligently working to complete various initiatives that will help unlock the potential of the Company.

Thank you for your continued support, and best regards,

Chris D'Couto
President & CEO

For further information, please contact:

Jeffrey A. May, CFO
[e-mail]