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alabama96

04/05/18 4:27 PM

#26208 RE: XNRGI2008 #26207

It is a new class of shares, preferred. Probably to pay for the merger.

ShortonCash

04/05/18 5:11 PM

#26212 RE: XNRGI2008 #26207

Hopefully the Company is ready to fully emerge from the darkness with a complete update of the deals to date....one solid deal or one demonstration of the batteries in a phone or car or drone...

paired up with the fuel cell for a range extender....


Or a Saudi Prince that is in the States could make an announcement...


What are the terms of the conversion on the preferred shares...


The question is has the value of the company stock was used in any type of calculations as the "buyin" value of the company. i. e. the value during this period (last couple of weeks) of manipulation of T- trades and short sales? Or will an outsider be caught short and have to pay dearly...


Has someone profited from the company going dark since the announcement of the batteries... or has someone brought greater value to the company?

Hard to say before all the deals are known....there could be quite a few and the announcements of deals will be interesting in and of itself...

They had a lot partnerships that were to have been announced....


https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=vQtLmKBoRGcbAHY1El6Qag%253d%253d&CorpName=XNRGI%2c+INC.

Entity Actions for "XNRGI, INC."
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Actions\Amendments
Action Type: Amendment
Document Number: 20180156080-41 # of Pages: 2
File Date: 4/4/2018 Effective Date:
Previous Stock Value: Par Value Shares: 5,400,000,000 Value: $ 0.001 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 5,405,000.00 New Stock Value: Par Value Shares: 5,400,000,000 Value: $ 0.001 Par Value Shares: 15,000,000 Value: $ 0.01 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 5,555,000.00
Action Type: Amended Designation
Document Number: 20180137846-00 # of Pages: 1
File Date: 3/27/2018 Effective Date:
SERIES B PREFERRED STOCK