"1. Present a Plan takes all of the assets of the existing Xnrgi Inc. and transfers them to a new New Jersey-registered limited liability corporation (Xnrgi Solutions LLC). The Plan would include paying off all of the (fairly modest debts and other obligations owed by Xnrgi Inc. before transferring any assets). It would also provide an equity participation by the existing public shareholders in Xnrgi Inc. The equity they get in the new LLC will be valued at a multiple (perhaps 2:1 or maybe 3:1) since the new LLC will have an imputed value of at least $35million, based on a.)a recent $5mm investment by a private investor at that valuation and b.) a new $2mm investment (which will fund expenses and provide some working capital for the LLC) valued at $35million. "
1) what does XNRGI Inc own ? NEAH Power Systems is the owner of all the IP, they are the company with the DOE grants, they are the company with the shareholders "
2) The original supposed funding in April was with NEAH Power Systems.
3) Are we supposed to believe that large investors are paying 1.2 cents or more per share and leaving the retail shares at .0005 and .0006 on the table ?
D'Couto is apparently OK with the rumor games being played with this stock, that is problematic on top of everything else wrong here.
Because each rumor seems to contradict other "leaked" information all that can be surmised is that it is all or mostly false.
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