Replies to post #1637 on XR Energy (XREG)

[samroux]

5/1 os was roughly 226m

now 6/1 its roughly 267m

How is there no dilution if those figures absolutely prove that there's dilution?

And how is the "faucet off" if the debt that is resulting in said proved dilution is nowhere near being satisfied, and the O/S continues to grow by 40 to 50 million every month, which would be more if volume and bid size were greater?

No one claimed the O/S doubled in the last month alone. The O/S has doubled since March, which is when this ticker started being heavily promoted, which shows it was always just a dilution trap.

Actually, since the quarterly reports started hitting OTC Markets (and they can easily be read to verify this), the O/S has tripled.


There is no merger, but there is a massive amount of shares to convert.

[mkt_predictor]

Faucet is not off until that GPL Ventures note is fully paid. With their conversion rate fixed at .0002 per share, it takes 100M shares issued to them to pay off only $20K of the note. Still a long way to go here unfortunately. Doesn't help that the CEO Smethers didn't even follow through with the filings and follow up with OTC markets to move this to Pink Current status. Notice he has also since gone back underneath a rock, not responding to any shareholder emails since that first week of May.