Replies to post #32784 on Xun Energy, Inc. (fka XNRG)

[pheeling lucky]

You left out a few important things:

"Refer to NOTE 22: XUN OIL MARKETING DIVISION, for additional information and risk disclosures."

AND...THIS IS FROM NOTE 22:
"There can be no assurance that JV002 will be able to sell the aviation jet fuel should it be successful in obtaining financing for the aviation jet fuel and obtain the necessary changes to the spa. Even if JV002 was successful in selling the aviation jet fuel, there can be no assurance that the sale of the aviation jet fuel will be profitable or that the company will be able to generate sufficient revenues to operate profitably.

The Company has not committed to begin full operations of XOM until the Company has concluded with its research and actuation evaluation. As of August 31, 2014, the Company has spent $15,055 on business development expenses for XOM which is included in our operating expenses."

AND...lets not forget they are now being sued for debt.

"On September 5, 2014, a complaint (the “Complaint”) was filed against the Company in the Superior Court of Connecticut, Judicial District of Danbury (the “Court”) by Equity Capital Ventures, Inc. (“ECVI”) for the Company’s failure to pay $1,834,935 in debt obligations (the “Debt”) which ECVI had acquired from 11 persons (the “Debt Assignors”) through the execution of Debt Claim Purchase Agreements.

Should this action be approved by the Court, there will be dilution to the Company’s stockholders."

Not Impressed

[4on4off]

Nice information sir! Thank you for sharing that tidbit. Things are definitely looking up for the future with XNRG