Quote:Thank you JOECROWE789 for your Post #1 above.
We have replicated your post below:
Good Afternoon Jerry,
I hope this post finds you well enjoying the remainder of the weekend.
Realizing that, while no assumptions of success and profitability of any transactions can ever be made, would you be able to provide a table detailing the various commodity transactions that XNRG is currently considering or have already engaged in to some degree?
Regardless of the stage of negotiations, I, as well as other shareholders, do appreciate any additional Physical Commodity Trading Details presented in a tabled format as it does represent a joint opportunity for all to focus on in a positive manner.
While there is no certainty of XNRG Completing any Commodity Contract, a greater chance of success exists with the increased volume of potential deals with reputable and reliable commodity suppliers, Financiers, and Buyers.
Also, in a separate yet somewhat related matter of physical commodity trade success,the Idria Energy Site Link below does list Sayavah Mahvi as,
"Heading the company in The United Arab Emirates and is responsible for the development of the up coming new Iranian Market"
www.idriaenergy.c...ng-Chagrin-Falls-OH.html
Further to this, Pascal Mahvi's LinkedIn Summary does confirm that,
"We trade in Petro Products from Russia and Africa. Hopefully we will be able to deal in Iranian Products very soon."
https://www.linkedin.com/in/pascal-mahvi-0705bab
Given the challenges of sourcing and selling Nigerian Crude Oil, are there any current discussions or details that you can provide regarding Petroleum Based Physical Commodity Trade Potential in either Russia or Iran?
Again Jerry, I hope you and the rest of the XNRG Executive Teams are doing well,
Thanks You for taking the time and effort to keep us informed.
JOECROWE789-BJBV
Question #1: Realizing that, while no assumptions of success and profitability of any transactions can ever be made, would you be able to provide a table detailing the various commodity transactions that XNRG is currently considering or have already engaged in to some degree?
Response to Question #1: There are several orders in play. These orders are broken down into two categories, (a) reselling products after purchase and (b) facilitating either the purchase or the sale of products. Due to confidentiality agreements with the parties, the Company is restricted from disclosing the parties or the pricing of the orders. The orders are in various stages of closing and depending on shipping distances and times or location of product, a closing could happen quickly or could take over 30 days from the Proof Of Financing (POF).
DISCLAIMER: THESE ORDERS ARE FLUID IN NATURE AND HAVE MANY VARIABLES THAT MAY REQUIRE REWORKING DURING THE PERIOD OF NEGOTIATION IN OR TO REACH A MUTUALLY BENEFICIAL TRANSACTION. ANY DISRUPTION IN THE PROCESS MAY CAUSE THE ORDER TO BE DELAYED OR CANCELLED, AS WE HAVE ENCOUNTERED NUMEROUS TIMES SINCE THE BOARD ACTUATED XOM. A TYPICAL ORDER FROM START TO CLOSE MAY TAKE FROM A COUPLE OF WEEKS TO SEVERAL WEEKS FOR A SUCCESSFUL CLOSE. EACH ORDER WHERE A BUYER OR SELLER IS NEW TO XOM MAY REQUIRE MANY HOURS TO BE CONSUMED IN DUE DILIGENCE, AS DUE DILIGENCE INVOLVES INTERNATIONAL COMMUNICATIONS, TRANSLATIONS, AND VETTING OF MANY DOCUMENTS. ONCE PARTIES TO AN ORDER REACH A PRELIMINARY CONSENSUS, MANY MORE HOURS ARE NEEDED TO DRAFT AND CIRCULATE DOCUMENTS BEFORE FINAL AGREEMENTS ARE READY FOR SIGNATORY AND NOTARIZATION.
Below are transactions that XOM have in process as of April 17, 2016:
Question #2: Given the challenges of sourcing and selling Nigerian Crude Oil, are there any current discussions or details that you can provide regarding Petroleum Based Physical Commodity Trade Potential in either Russia or Iran?
Response to Question #2: We are not in any discussions with Russia or Iran at the current time. Our resources are limited and we are staying focused on the transactions we have on hand.
Your post made reference to Idria Energy. We at this current time do not have any physical commodity transactions in play that involves Idria Energy.
THERE CAN BE NO ASSURANCE THAT THE COMPANY WILL CLOSE ON ANY PHYSICAL COMMODITY TRADE. EVEN IF THE COMPANY WAS SUCCESSFUL IN CLOSING ON A PHYSICAL COMMODITY TRADE, THERE CAN BE NO ASSURANCE THAT THE PHYSICAL COMMODITY TRADE WILL BE PROFITABLE OR THAT THE COMPANY WILL BE ABLE TO GENERATE SUFFICIENT REVENUES TO OPERATE PROFITABLY.
DISCLAIMER: SUBJECT TO SAFE HARBOR CLAUSE.
We thank you for your support and faith in the Company and its management.
Respectfully,
XUN ENERGY, INC.
Jerry G. Mikolajczyk
President and CEO
Safe Harbor
The statements contained in this post may not be historical fact, are forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995), within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The forward-looking statements contained herein are based on current expectations that involve a number of risks and uncertainties. These statements can be identified by the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” "projects" or “anticipates,” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. The Company wishes to caution the reader that its forward-looking statements that are historical facts are only predictions. No assurances can be given that the future results indicated, whether expressed or implied, will be achieved. While sometimes presented with numerical specificity, these projections and other forward-looking statements are based upon a variety of assumptions relating to the business of the Company, which, although considered reasonable by the Company, may not be realized. Because of the number and range of assumptions underlying the Company’s forward-looking statements, many of which are subject to significant uncertainties and contingencies that are beyond the reasonable control of the Company, some of the assumptions inevitably will not materialize, and unanticipated events and circumstances may occur subsequent to the date of this report. These forward-looking statements are based on current expectations and the Company assumes no obligation to update this information. Therefore, the actual experience of the Company and the results achieved during the period covered by any particular forward-looking statements may differ substantially from those projected. Consequently, the inclusion of forward-looking statements should not be regarded as a representation by the Company or any other person that these estimates and projections will be realized. The Company’s actual results may vary materially. There can be no assurance that any of these expectations will be realized or that any of the forward-looking statements contained herein will prove to be accurate. There is no guarantee that the Company will close on the financing or close on the acquisition of the producing oil and gas leases.
IMO, Jerry gave an update 5 months ago in which he said
Top 10 Most Recent News Articles
Cognex Delivers Record Q3 Results, Eyes Future Growth
Shaking Up the Leaderboard with Record Revenues You want a testament to a well-oiled machine? Look no further than Cognex Corporation, flaunting a record quarterly revenue hitting $313 million. That's a hearty 13% uptick from last year. Peel back the layers, and excluding a one-time boon from a partnership last year, you're staring at a 19% year-over-year surge. Talk...
Continue Reading
REELZ Gears Up for 75th Miss Universe Pageant
A Global Celebration Comes to REELZ Let's dive straight into the glitz and spectacle—REELZ isn't just broadcasting some regular program. They're handing us the 75th Miss Universe pageant on a silver (or maybe gold, in this case) platter. Come November 24, at 8 PM ET, expect your screen to light up with beauty, culture, and a hefty dose of competition, as it unfolds live...
Continue Reading
Texas Alcohol Crash Stats Expose Reckless Drinking Scene
Staggering Numbers From Texas Crashes Reveal a Sobering Truth When you peel back the layers on Texas's latest alcohol-related crash data, you're looking at a grim picture painted by Grossman Law Offices. In a state that's no stranger to big numbers and even bigger drinks, finding that half of these crashes had a blood alcohol content (BAC) over twice the legal limit makes...
Continue Reading
Kyndryl and AWS Shake Up Enterprise Modernization
A New Dawn for Enterprise Modernization Modernizing enterprise infrastructure today ain't just about wading through outdated code lines. Kyndryl (NYSE: KD) is flipping the script, with their latest partnership with Amazon Web Services (AWS) aiming to make modernization swift, continuous, and AI-ready. Gone are the days of treating technology upgrades as a one-off event....
Continue Reading
Sae-A Trading Earns UNGC LEAD Recognition Again
Another Year, Another Win for Sae-A Trading When was the last time you heard of an apparel manufacturer making waves for the right reasons? Sae-A Trading, the outfit under the Global Sae-A Group banner, is strutting its sustainability stuff by getting named as a UNGC LEAD Company for the second straight year. You better believe that’s not just for show – they’ve got...
Continue Reading
Taiwan's Bold Bid: From Tech Hub to Capital Magnet
Ambitious Plans Unveiled at Taiwan Weeks 2026 Forget the usual humdrum; Taiwan’s pulling no punches in its bid to become a capital powerhouse in Asia. If you'd told me years ago that Taiwan was eyeing dominance in asset management, I might've laughed. But at the 2026 Taiwan Weeks, they showed they're dead serious about it. Over 400 bigwigs and market shakers gathered,...
Continue Reading
RingConn Joins BVB Women's Team: Tech Meets Sport
Tech and Football: An Unlikely Alliance Alright, so here's a story that might perk your ears up—RingConn, a relative newcomer in the health tech world, has chosen to stake its future on a bet with Borussia Dortmund's women's football team. This isn't just your average brand-sponsorship slap-on-the-shirt deal; we're looking at a potential game-changer here, folks. Who...
Continue Reading
Elite Academy Takes Bold Step in Ethical AI for Schools
Pioneering New Fronts in Education with AI Elite Academic Academy, a stalwart in California's public charter school landscape, has just taken a significant stride forward by stepping into the EDSAFE AI Alliance District Policy Lab. The move, announced in early November 2026, sees Elite diving into the intricate world of artificial intelligence in education, with a pointed...
Continue Reading
Perpetua's Bold Moves Elevate Idaho's Stibnite Gold Project
Perpetua Resources Sparking New Conversations Alright, fasten your seatbelts, folks—Perpetua Resources is causing a buzz with its Stibnite Gold Project. If you blink, you might miss what's happening down in Idaho. They've started throwing some serious weight around with fresh gold discoveries that not only promise ounces but maybe some juicy returns for those keeping a...
Continue Reading
What Business Owners Need to Know About Glass Replacement
Understanding the Nuts and Bolts of Storefront Glass Replacement Picture your storefront beaten and battered, glass cracks spidering over once-pristine panes. Cue Matt Sears of Bentonville Glass Inc. ready to patch things up without turning your business into a disaster zone. The homegrown hero makes his debut in HelloNation's latest chat, offering the kind of advice you...
Continue ReadingTop 5 Most Recently Viewed Articles
Piramal Pharma and NewAmsterdam's Joint Venture for OSD Suite
Strategic Investment to Boost Pharmaceutical Production Piramal Pharma Solutions and NewAmsterdam Pharma Company N.V. have embarked on an ambitious project to enhance their oral solid dosage (OSD) capabilities. This new dedication to pharmaceutical manufacturing illustrates their commitment to meeting rising healthcare demands. The multi-million-dollar investment seeks to...
Continue Reading
Dynacor Group Announces Upcoming Dividend and Insights
Dynacor Group Announces Upcoming Dividend Dynacor Group Inc. (TSX: DNG) has declared its monthly dividend for October, an essential aspect for shareholders. The company will distribute C$0.01333 per common share, with payment scheduled for October 16 to those holding shares by the close of business on October 9. This marks the 67th dividend the corporation has provided....
Continue Reading
Danske Bank's Buy-Back Program: Week 2 Summary and Insights
Danske Bank's Buy-Back Program Overview Danske Bank A/S has initiated an impressive share buy-back program aimed at enhancing shareholder value. This program, set for a total of DKK 5.5 billion, encompasses the repurchase of up to 70 million shares. It commenced on February 5, 2024, and is designated to conclude by January 31, 2025. This substantial commitment was...
Continue Reading
Howmet Aerospace: A Promising Investment Journey Over Five Years
Howmet Aerospace's Investment Potential Howmet Aerospace (NYSE: HWM) has shown remarkable performance, significantly exceeding market averages over the past five years. Investors who have been with the company through this period are likely quite satisfied with their returns. The annualized return of 51.59% speaks volumes about the company's strategic growth and...
Continue Reading
Recent Updates on Investment Fund Wealth Invest's Prospectuses
Updates on Wealth Invest Prospectuses We are pleased to announce the recent updates to the prospectuses for the listed departments within the investment fund Wealth Invest. These changes reflect the fund's commitment to maintaining transparency and enhancing investor confidence. Reason for Updates The prospectuses have undergone revisions primarily due to a name change...
Continue Reading