Replies to post #31204 on Xun Energy, Inc. (fka XNRG)

[michaeldesanta]

PRs cost money and they've only got another six or so months of funding left to keep the operation going.

Shouldn't the company release a PR or statement regarding this Jet fuel agreement. Why would it be in the 10k but no where else? Can someone help me with this

From the 10K:

Unless we secure additional working capital, the Company can only continue as a going concern for six months

Unless we secure equity, debt financing or Joint Venture partners, of which there can be no assurance, or identify a profitable acquisition candidate, we will not be able to continue any operations for longer than six months. The majority of our operating costs related to salaries of the officers and directors of the Company are being accrued. Our negative cash flow is for our auditors, attorneys, transfer agent, EDGAR filer and travel expenses. We have sufficient cash and liquid assets to cover auditors, attorneys, transfer agent, EDGAR filer and limited travel expenses for the next six months. After such time, the Company would be forced to cease operations.