Replies to post #43775 on Xun Energy, Inc. (fka XNRG)

[4on4off]

Yes the first tranche was issued 2 years ago. I highly doubt any of the very few shares moved since then were related to the legit 3a10.

Below is a reply from Jerry from the company forum in Feb 2015:

"The Company issued 791,000,000 shares on December 17, 2014 pursuant to the Superior Court of Connecticut, Judicial District of Danbury Order for Approval of Stipulation for Settlement of Claims dated November 17, 2014. The issuance of the common stock was exempt from registration under Section 3(a)(10) of the Securities Act.

The Company requested to have the Safety Net Price in the stipulation to protect the shareholders from undue pressure and to prevent shorting of stock. Based on the latest shareholder report, the 791,000,000 shares issued to ECVI has not been deposited with the brokerage firm and remains in certificate form."