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absintheminded90210

08/01/13 2:33 PM

#1105 RE: RSI 30 #1104

Thanks for posting that.

SeaOhToo

08/02/13 12:04 AM

#1107 RE: RSI 30 #1104

RSI not sure where s came from....

this is from the filing the company prepared:


INFORMATION STATEMENT

OF

XTREME OIL & GAS, INC.

5700 West Plano Parkway

Suite 3600

Plano, Texas

(214) 432-8002



July 3, 2013



Dear Stockholder:



We are writing to advise you that our Board of Directors and shareholders holding a majority of our outstanding voting capital stock have authorized the following actions:

(i) The sale of the Company’s Texas oil and gas leases, our West Thrifty/Quita properties;

(ii) Ratification of the sale to Torchlight Energy Resources, Inc. of certain of the Company’s Kansas and Oklahoma properties; and

(iii) An amendment to Xtreme’s Articles of Incorporation to: (a) effect a reverse stock split of the Company's Common Stock, par value $0.001 per share (“Common Stock”) pursuant to which the 558,396,564 outstanding shares
(on an as converted basis) of the Company's Common Stock, par value $0.001, will be subject to a reverse split on a One for One Hundred (1:100) basis (the “Reverse Split”).

These corporate actions were approved by written consent effective July 3, 2013 by our Board of Directors and a majority of holders of our voting capital stock, in accordance with Sections 78.2055, 78.315 and 78.320 of the Nevada Revised Statutes. Our directors and majority of the shareholders of our outstanding capital stock, as of the record date of July 2, 2013, have approved the corporate actions after carefully considering them and concluding that approving the corporate actions were in the best interests of our Company and our shareholders.



WE ARE NOT ASKING YOU FOR A PROXY, AND YOU ARE REQUESTED NOT TO SEND US A PROXY.



No action is required by you. The enclosed Information Statement is being furnished to you to inform you that the foregoing actions have been approved by those having sufficient voting power to approve such actions. No other shareholder consents will be solicited in connection with the transactions described in this Information Statement.



Pursuant to Rule 14c-2 under the Securities Exchange Act of 1934, as amended, the proposals will not be adopted until a date at least 20 days after the date of this Information Statement has been mailed to our shareholders. This Information Statement is being mailed to you on or about July 3, 2013.



Please feel free to call us at (214) 432-8002 should you have any questions on the enclosed Information Statement



By: /s/ Willard G. McAndrew III

Willard G. McAndrew, III

Chief Executive Officer and President

Plano, Texas

July 3, 2013










--------------------------------------------------------------------------------






XTREME OIL & GAS, INC.

5700 West Plano Parkway

Suite 3600

Plano, Texas

(214) 432-8002



INFORMATION STATEMENT

PURSUANT TO SECTION 14(C)

OF THE SECURITIES EXCHNAGE ACT OF 1934

AND RULE 14C-2 THEREUNDER



This Information Statement is being furnished to the holders of record of shares of the Common Stock of Xtreme Oil & Gas, Inc. as of the close of business on the record date, July 2, 2013. The purpose of the Information Statement is to notify the Company’s shareholders that on July 2, 2013, the Company received written consents in lieu of a meeting of shareholders (the “Written Consent”) from the holders of having 969,655,220 of the votes of the total voting of the issued and outstanding voting shares of the Company, representing 83.1% of the total votes of the Company’s voting securities. The Written Consent adopted resolutions that:



(i) Approved sale of the Company’s Texas oil and gas leases, our West Thrifty/Quita properties;



(ii) Ratified the sale to Torchlight Energy Resources, Inc. of certain of the Company’s Kansas and Oklahoma properties; and



(iii) Amended Xtreme’s Articles of Incorporation to: (a) effect a reverse stock split of the Company's Common Stock, par value $0.001 per share (“Common Stock”) pursuant to which the 558,396,564 outstanding shares (on an as converted basis) of the Company's Common Stock, par value $0.001, will be subject to a reverse split on a One for One Hundred (1:100) basis (the “Reverse Split”).