XNRGI Inc fka NPWZ

[Bill_ENG]

There are possible 3 trading violations have committed by the company since it went dark in April 2017. They are as follows:

1. The company failed to disclose the receiving of 5 million funding to the shareholders prior to going dark. I don't believe they have to report anything, they went dark.

A)NEAH Power had not filed its 10K for the prior year or the 10Q when it "went dark" The filing of Form 15 immediately suspends reporting requirements present to ongoing. It is not retroactive to the past. This was a violation. They have caught this up since so may not be an issue presently.

B) NEAH executed the 8K and Form 15 on sequential days. There was no observation of shareholder notification periods.
"Yet a listed company cannot file a Form 15 until at least 20 days after it announces its intention to “go dark.” This was a blatant rule break.

C) NEAH was under obligation to report significant events for 90 days until the de-registration was complete. Since they got the funding at the same time it should have been reported.

2. The company manipulated the stock share price; especially during the last several months.Almost impossible to prove.
It is easy enough to prove and track. The broker who was servicing the stock trades for NEAH was filling buys with "Naked Shorts" there were never enough subsequent sales to provide the broker with the stock to cover these daily Naked Shorts, that means someone was feeding that broker stock, it should be easy enough to trace who that was.


3. The company abruptly halted the trading without any advanced notice.
Totally legal in my opinion in their current business state.
I'm all in for joining in a group but have realistic assumptions and have realistic goals. They can just go bankrupt now and wipe us all out, so I do not believe screwing us is the goal here.
They initiated a corporate action in order to complete their going private process yet #1 Never followed through on the Corporate Action by reimbursing the fractional shareholders for disappearing their pre-split shares. #2 they have not completed the forward exchange of 500 Class A shares.

jmho

Bill