UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
_________________
FORM
10-Q
_________________
þ
QUARTERLY
REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For
the quarterly period ended: September 30, 2012
or
o
TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For
the transition period from: ______ to ______
_________________
XR
ENERGY INC.
(Exact
name of registrant as specified in its charter)
_________________
Neveda
|
333-178156
|
27-0851973
|
(State or Other Jurisdiction
|
(Commission
|
(I.R.S. Employer
|
of Incorporation or Organization)
|
File Number)
|
Identification No.)
|
373 Smithtown Bypass, Suite 198 Hauppaguge,
NY 11788
(Address of Principal Executive Offices) (Zip Code)
(631)-913-8090
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address and former fiscal year, if changed since last report)
_________________
Indicate by check mark whether
the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days. Yes
þ
No
o
Indicate by check mark
whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File
required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the
preceding 12 months (or for such shorter period that the registrant was required to submit and post such
files). Yes
o No
þ
Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer,
a non-accelerated filer, or a smaller reporting company.
Large accelerated filer
o
|
Accelerated filer
o
|
Non-accelerated filer
o
|
Smaller reporting company
þ
|
Indicate by check mark
whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes
o
No
þ
Indicate
the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 22,818,800
shares of common stock issued and outstanding as of November 13, 2012.
TABLE OF CONTENTS
|
|
|
|
PART I - Financial Information
|
3
|
|
|
Item 1. Financial Statements
|
4
|
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
|
10
|
Item 3. Quantitative and Qualitative Disclosures About Market Risk
|
11
|
Item 4. Controls and Procedures
|
11
|
|
|
PART II – Other Information
|
12
|
|
|
Item 1. Legal Proceedings
|
12
|
Item 1A. Risk Factors
|
12
|
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
|
12
|
Item 3. Defaults Upon Senior Securities
|
12
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Item 4. Mine Safety Disclosures
|
12
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Item 5. Other Information
|
12
|
Item 6. Exhibits
|
12
|
SIGNATURES
|
14
|
PART I. FINANCIAL
INFORMATION
Safe
Harbor Statement
This
report on Form 10-Q contains certain forward-looking statements. All statements other than statements of historical
fact are “forward-looking statements” for purposes of these provisions, including any projections of earnings, revenues,
or other financial items; any statements of the plans, strategies, and objectives of management for future operation; any statements
concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance;
statements of belief; and any statement of assumptions underlying any of the foregoing. Such forward-looking statements are subject
to inherent risks and uncertainties, and actual results could differ materially from those anticipated by the forward-looking
statements.
These
forward-looking statements involve significant risks and uncertainties, including, but not limited to, the following: growth and
anticipated operating results; developments in our markets and strategic focus; product development and reseller relationships
and future economic and business conditions. Our actual results could differ materially from those anticipated in such
forward-looking statements as a result of a number of factors. These forward-looking statements are made as of the
date of this filing, and we assume no obligation to update such forward-looking statements. The following discusses
our financial condition and results of operations based upon our consolidated financial statements which have been prepared in
conformity with accounting principles generally accepted in the United States. It should be read in conjunction with
our financial statements and the notes thereto included elsewhere herein.
ITEM
1.
Financial Statements
The
unaudited interim financial statements of XR Energy, Inc. (the “Company,” “XR,” “we,” “our,”
or “us”) follow. All currency references in this report are in U.S. dollars unless otherwise noted.
XR
Energy, Inc.
Unaudited
(Expressed
in U.S. Dollars)
September
30, 2012
Unaudited
Balance Sheets
|
4
|
Unaudited
Statements of Operations
|
5
|
Unaudited
Statement of Stockholders Equity
|
6
|
Unaudited
Statements of Cash Flows
|
7
|
Unaudited
Notes to the Financial Statements
|
8
|
XR
Energy, Inc.
|
Balance
Sheets
|
As
of September 30, 2012 (Unaudited) and December 31, 2011
|
|
September
30, 2012
|
December
31, 2011
|
|
(Unaudited)
|
|
ASSETS
|
|
|
|
|
|
Current assets
|
|
|
Cash and cash equivalents
|
$
5,125
|
$
16,922
|
Total current assets
|
5,125
|
16,922
|
Total
Assets
|
$
5,125
|
$
16,922
|
|
|
|
|
|
|
LIABILITIES
AND STOCKHOLDERS' EQUITY
|
|
|
|
|
|
Current liabilities:
|
|
|
Accounts payable and accrued expenses
|
$
5,785
|
$
4,200
|
Note payable line of credit
|
5,000
|
--
|
Total current liabilities
|
10,785
|
4,200
|
Long-term
liabilities:
|
|
|
Due to officer
|
1,250
|
1,250
|
Total
Liabilities
|
12,035
|
5,450
|
|
|
|
|
|
|
Stockholders'
Equity
|
|
|
Common
stock, $0.0001 par value; 100,000,000 shares authorized, 22,818,800 shares issued and outstanding as of September 30, 2012
and December 31,2011
|
2,282
|
2,282
|
Additional
paid in capital
|
54,418
|
54,418
|
Accumulated
deficit
|
(63,610)
|
(45,228)
|
Total
Stockholders' Equity
|
(6,910)
|
11,472
|
Total
Liabilities and Stockholders' Equity
|
$
5,125
|
$
16,922
|
See
accompanying notes to financial statements
XR
Energy, Inc.
|
Statements
of Operations
|
For
the Three and Nine Months Ended September 30, 2012 and 2011
|
(Unaudited)
|
|
For
the Three Months ended
|
|
For
the Nine Months ended
|
|
September
30, 2012
|
|
September
30, 2011
|
|
September
30, 2012
|
|
September
30,
2011
|
|
|
|
|
|
|
|
|
Revenues
|
$
918
|
|
$
874
|
|
$
4,661
|
|
$
5,916
|
Total revenues
|
918
|
|
874
|
|
4,661
|
|
5,916
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
General and administrative:
|
|
|
|
|
|
|
|
Professional fees
|
8,676
|
|
4,500
|
|
19,014
|
|
4,500
|
Rent and utilities
|
525
|
|
525
|
|
1,575
|
|
1,575
|
Filing fees
|
1,254
|
|
375
|
|
1,725
|
|
375
|
Advertising and promotion
|
--
|
|
--
|
|
200
|
|
--
|
Corporate income taxes
|
--
|
|
--
|
|
430
|
|
270
|
Miscellaneous expenses
|
74
|
|
--
|
|
99
|
|
240
|
Total
operating expenses
|
10,529
|
|
5,400
|
|
23,043
|
|
6,960
|
Net
Profit / (Loss)
|
$
(9,611)
|
|
$
(4,526)
|
|
$
(18,382)
|
|
$
(1,044)
|
|
|
|
|
|
|
|
|
Net
profit (loss) per share - basic and diluted
|
$
(0.00)
|
|
$
(0.00)
|
|
$
(0.00)
|
|
$
(0.00)
|
|
|
|
|
|
|
|
|
Weighted
average shares outstanding:
|
|
|
|
|
|
|
|
Basic
and diluted
|
22,818,800
|
|
22,818,800
|
|
22,818,800
|
|
22,803,859
|
See
accompanying notes to financial statements
XR
Energy, Inc.
|
Statement
of Stockholders' Equity
|
For
the Nine Months Ended September 30, 2012
|
(Unaudited)
|
|
Common
stock
|
Additional
|
|
|
|
Number
of Shares
|
|
Amount
|
Paid-in
Capital
|
Accumulated
Deficit
|
Total
Stockholders’ Equity
|
Balances
at December 31, 2011
|
22,818,800
|
|
$
2,282
|
$
54,418
|
$
(45,228)
|
$
11,472
|
Net
profit (loss) for the nine months ended September 30, 2012
|
--
|
|
--
|
--
|
(18,382)
|
(18,382)
|
B
alances
at September 30, 2012 (Unaudited
)
|
22,818,800
|
|
$
2,282
|
$
54,418
|
$
(63,610)
|
$
(6,910)
|
See
accompanying notes to financial statements
XR
Energy, Inc.
|
Statements
of Cash Flows
|
For
the Three and Nine Months Ended September 30, 2012 and 2011
|
(Unaudited)
|
|
For
the Nine Months Ended
|
|
September
30,
2012
|
|
September
30,
2011
|
|
|
|
|
Cash
Flows from Operating Activities:
|
|
|
|
Net
Profit (Loss)
|
$
(18,382)
|
|
$
(1,044)
|
Adjustments
to reconcile net profit (loss) to net cash provided (used) by operating activities:
|
|
|
|
Changes
in operating assets and liabilities:
|
|
|
|
Accounts payable and accrued expenses
|
1,585
|
|
1,575
|
Total
adjustments
|
1,585
|
|
1,575
|
Net
cash provided by (used in) operating activities
|
(16,797)
|
|
531
|
|
|
|
|
Cash
Flows From Financing Activities:
|
|
|
|
Proceeds
from note payable line of credit
|
5,000
|
|
--
|
Private
placements of common stock
|
--
|
|
13,000
|
Net
cash provided by financing activities
|
5,000
|
|
13,000
|
|
|
|
|
Net
increase (decrease) in cash and cash equivalents
|
(11,797)
|
|
13,531
|
|
|
|
|
Cash
and cash equivalents, beginning of the period
|
16,922
|
|
18,413
|
Cash
and cash equivalents, end of the period
|
$
5,125
|
|
$
31,944
|
|
|
|
|
Supplemental
Disclosures:
|
|
|
|
Interest and taxes paid:
|
|
|
|
Cash paid for interest expense
|
$
--
|
|
$
--
|
Cash paid for income taxes
|
$
430
|
|
$
270
|
See
accompanying notes to financial statements
XR Energy, Inc.
Notes
To Financial Statements
For
The Three and Nine Months Ended September 30, 2012 and 2011 (Unaudited)
(1)
Organization and Business Description
XR
Energy, Inc. (“XR” or the “Company”) was incorporated under the laws of the State of Nevada on August
31, 2009. XR
offers
energy consulting services to smaller sized middle market companies in the
New York Metropolitan Area. The Company also earns a commission from the related utility for energy services brokered and sold
to its customers.
Going
Concern Uncertainty
The
accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United
States of America, which contemplates the Company continuing as a going concern. As of September 30, 2012, the Company had cash
of $5,125 and a working capital deficit of $5,660. For the period August 31, 2009 (inception) through September 30, 2012, the
Company had minimal revenues and a cumulative net loss of $63,610. These factors raise substantial doubt as to the ability of
the Company to continue as a going concern. However, the Company plans to improve its financial condition by raising additional
capital by selling shares of its common stock. Also, the Company plans to pursue new customers and acquisition prospects in order
to attain profitable operations. However, there is no assurance that the Company will be successful in accomplishing these objectives.
The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a
going concern.
(2)
Interim Financial Statements
The
accompanying unaudited interim financial statements of XR Energy, Inc. (the “Company”) have been prepared by management
in accordance with accounting principles generally accepted in the United States of America for interim financial information
and pursuant to rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, they
do not include all information and footnotes required by generally accepted accounting principles for annual audited financial
statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included.
The
results of operations for the three and nine months ended September 30, 2012 are not necessarily indicative of the results to
be expected for the year ending December 31, 2012. The accompanying unaudited interim financial statements should be read in conjunction
with the Company’s audited financial statements and notes related thereto for the years ended December 31, 2010 and 2011
included in our Form S-1 filed with the SEC that became effective on July 19, 2012.
(3)
Related Party Transactions
Included
in Accounts Payable and Accrued Expenses at December 31, 2011 and September 30, 2012 is $4,200 and $5,575, respectively, due to
a Company, which is owned by a founding shareholder and officer of XR, for rent and related costs for office space utilized by
XR under a verbal month-to-month agreement.
(4)
Note Payable Line of Credit
On
May 10, 2012, the Company executed a Promissory Note payable to the Chief Executive Officer (the “Holder”). The Promissory
Note provides that until May 10, 2013, upon two business days prior written notice to the Holder, the Company may borrow from
the Holder, from time to time, any amount in increments of up to $5,000, provided that the aggregate principal amount outstanding
under this note shall not exceed $25,000 and the Holder shall not be obligated to make any advances if an Event of Default has
occurred and is continuing. The Promissory Note accrues interest at a rate of 5% per annum (default rate of 15% per annum) and
is due no later than May 10, 2013. As of September 30, 2012, the Company has borrowed $5,000 against this Promissory Note.
(5)
Due To Officer
Due
to Officer at September 30, 2012 and December 31, 2011 represents monies advanced to the Company by a major shareholder of the
Company for the purpose of providing working capital for the business. The amount due is non-interest bearing and is payable on
demand. The balance has been classified as a Long-term Liability because a demand for payment is not expected currently.
(6)
Commitments and Contingencies
Rental
Agreement
The
Company rents office space from a related party (see Note 3)
under a month-to-month agreement which provides for rent of
$175 per month.
Registration
Statement
On
November 23, 2011, the Company filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”)
to register for sale the 2,818,800 shares of common stock issued to consultants in 2009 and sold to investors in a series of private
placements in 2010 and 2011. On July 19, 2012, the registration statement was declared effective by the SEC. The Company will
not receive any proceeds from the shares sold by the selling shareholders.
Consulting
Agreement
On
May 30, 2012, the Company entered into an Agreement for Advisory Services (the “Agreement”) with a consulting firm
(the “Advisor”). The Agreement provides for the Advisor to introduce the Company to a qualified market maker (who
will submit a Form 211 application with FINRA to quote and trade shares of the Company’s common stock) and to assist the
Company in preparing and obtaining FINRA approval of the Form 211 application for a consulting fee of $4,000, which the Company
paid to the Advisor on June 11, 2012. The Agreement has a term beginning May 30, 2012 and expiring upon FINRA approval of the
Form 15C-211 application. At June 30, 2012, the $4,000 payment was classified as Prepaid Consulting on the Balance Sheet and was
expensed during the three months ended September 30, 2012.
Conflicts
of Interests
The
Chief Executive Officer of the Company is currently involved in other business activities and may become involved in additional
business opportunities in the future. As such, he may face a conflict in selecting between the Company and his other business
interests. The Company has not formulated a policy for the resolution of such conflicts.
(7)
– STOCKHOLDERS’ DEFICIT
The
Company is authorized to issue up to 100,000,000 shares of its $0.0001 common stock. At September 30, 2012 and December
31, 2011, there were 22,818,800 shares issued and outstanding.
During
the three and nine months ended September 30, 2012, the Company did not issue any shares of common stock.
(8)
- SUBSEQUENT EVENTS
We
have evaluated subsequent events through November 13, 2012, which is the date the financial statements were issued.
Item
2. Management’s Discussion and Analysis of Financial Condition and Results
of Operations
As
used in this Form 10-Q, references to “XR Energy,” the “Company,” “we,” “our”
or “us” refer to XR Energy Inc. unless the context otherwise indicates.
Forward-Looking
Statements
The
following discussion and analysis and results of operations should be read in conjunction with our unaudited financial statements
and accompanying notes and the other financial information which are included elsewhere in this Form 10-Q (the “Report”).
This Report contains forward-looking statements which relate to future events or our future financial performance. In some cases,
you can identify forward-looking statements by terminology such as “may,” “should,” “expects,”
“plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential”
or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions
and involve known and unknown risks, uncertainties, and other factors that may cause our or our industry’s actual results,
levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance
or achievements expressed or implied by these forward-looking statements.
For
a description of such risks and uncertainties, refer to our Registration Statement on Form S-1 which was declared effective by
the Securities and Exchange Commission on July 19, 2012 (registration statement no. 333-178156). While these forward-looking statements,
and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction
of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions
or other future performance suggested herein.
We assume no obligation to update forward-looking statements, except as otherwise
required under the applicable federal securities laws.
Business
Overview
We
were formed to offer energy consulting services to smaller sized middle market companies, which are companies generating less
than $5,000,000 a year in revenues. The Company will analyze customer’s energy consumption and recommend energy saving solutions.
Results
of Operations
Comparison
of Three Months Ended September 30, 2012 and 2011:
Revenues
The
Company generated $918 of revenues for the three months ended September 30, 2012, as compared to $874 of revenues for the three
months ended September 30, 2011.
Total
Operating Expenses
During
the three months ended September 30, 2012, total operating expenses were $10,529, which includes $$8,676 professional fees, $1,254
for filing fees, $525 for rent and utilities and $74 miscellaneous expenses, compared to total operating expenses of $5,400 for
the three months ended September 30, 2011, which expenses included $4,500 for professional fees, $525 for rent and utilities and
$375 for filing fees. The increase in total operating expenses of $5,129 represents an increase of approximately 95%,
primarily as a result of our increase in professional fees and filing fees in connection with our registration statement filed
with the Securities and Exchange Commission.
Net
loss
For
the three months ended September 30, 2012, net loss was $9,611 compared with net loss for the three months ended September 30,
2011 of $4,526, which represents an increase of $5,085, or approximately 112%.
Comparison
of Nine Months Ended September 30, 2012 and 2011
Revenues
The
Company generated $4,661 of revenues for the nine months ended September 30, 2012, as compared to $5,916 of revenues for the nine
months ended September 30, 2011.
Total
Operating Expenses
During
the nine months ended September 30, 2012, total operating expenses were $23,043, which includes $19,014 for professional fees,
$1,725 for filing fees, $1,575 rent and utilities, $430 corporate income taxes, $200 advertising and promotion and $99 miscellaneous
expense, compared to total operating expenses of $6,960 for the nine months ended September 30, 2011, which includes $4,500 professional
fees, $1,575 for rent and expenses, $375 filing fees, $270 corporate tax and $240 for miscellaneous expense. The increase
in total operating expenses of $16,083, representing an increase in 231%, was primarily a result of the increase in research and
development expenses.
Net
loss
For
the nine months ended September 30, 2012, net loss was $18,382 compared with net loss for the nine months ended September 30,
2011 of $1,044 which represents an increase of $17,338, or approximately 1,661%. The increase in net loss was attributed primarily
to the professional fees relating to the registration statement filed with the Securities and Exchange Commission.
Liquidity
and Capital Resources
As
of September 30, 2012 we had $5,125 in cash. On September 30, 2012, our total current liabilities were $10,875. We had a stockholders’
deficiency of $6,910 at September 30, 2012.
We believe that such funds will be insufficient to fund its expenses over
the next twelve months. There can be no assurance that additional capital will be available to the Company.
On
May 10, 2012, the Company executed a Promissory Note payable to Anthony Muratore, our president and a director. The note provides
that until May 10, 2013, upon two business days' prior written notice to Mr. Muratore, we may borrow, from time to time, any amounts
in increments of up to $5,000, provided that the aggregate principal amount outstanding under this note does not exceed $25,000.
The note bears interest at a rate of 5% (default rate of 15%) and is due no later than May 10, 2013. As of September 30,
2012, the Company has borrowed $5,000 against this Promissory Note.
The
Company currently has no other agreements, arrangements or understandings with any person to obtain funds through bank loans,
lines of credit or any other sources. Since the Company has no significant arrangement or plan currently in effect, its
inability to raise funds for the above purposes will have a severe negative impact on its ability to remain a viable company.
Going
Concern Consideration
For
the period August 31, 2009 (inception) through September 30, 2012, the Company had minimal revenues and a cumulative net loss
of $63,610. These factors raise substantial doubt as to the ability of the Company to continue as a going concern. However, the
Company plans to improve its financial condition by raising additional capital by selling shares of its common stock. Also, the
Company plans to pursue new customers and acquisition prospects in order to attain profitable operations. However, there is no
assurance that the Company will be successful in accomplishing these objectives. The financial statements do not include any adjustments
that might be necessary should the Company be unable to continue as a going concern.
Off-Balance
Sheet Arrangements
We
have no off-balance sheet arrangements.
Item
3. Quantitative and Qualitative Disclosures About Market Risk
As
a “smaller reporting company” as defined by Rule 229.10(f)(1), we are not required to provide the information required
by this Item 3.
Item
4. Controls and Procedures
Evaluation
of Disclosure Controls and Procedures
Under the
supervision and with the participation of our management, including our principal executive officer and principal financial officer,
we conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined
in Rule 15d-15(e) under the Securities Exchange Act of 1934, as amended, as of the end of the period covered by this report (the
“Evaluation Date”). Based on this evaluation, our principal executive officer and principal financial officer concluded
as of the Evaluation Date that our disclosure controls and procedures were effective such that the information relating to us
required to be disclosed in our Securities and Exchange Commission (“SEC”) reports (i) is recorded, processed, summarized
and reported within the time periods specified in SEC rules and forms and (ii) is accumulated and communicated to management,
including our principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding
required disclosure. Based on our evaluation, management concluded that our internal control over financial reporting
was effective as of September 30, 2012.
Changes
in Control Over Financial Reporting
During our
most recent fiscal quarter, there has not occurred any change in our internal control over financial reporting (as such term is
defined in Rule 15d-15(f) under the Exchange Act) that has materially affected, or is reasonably likely to materially affect,
our internal control over financial reporting.
PART
II - OTHER INFORMATION
Item
1. Legal Proceedings
There
are no pending legal proceedings to which the Company is a party or in which any director, officer or affiliate of the Company,
any owner of record or beneficially of more than 5% of any class of voting securities of the Company, or security holder is a
party adverse to the Company or has a material interest adverse to the Company. The Company’s property is not
the subject of any pending legal proceedings.
Item
1A. Risk Factors
As
a “smaller reporting company” as defined by Rule 229.10(f)(1), we are not required to provide the information required
by this Item 1A.
Purchases
of equity securities by the issuer and affiliated purchasers
None.
Item
2. Unregistered Sale of Securities and Use of Proceeds
None.
Item
3. Defaults upon Senior Securities
None.
Item
4. Mine Safety Disclosures.
Not
applicable.
Item
5. Other information
None.
Item
6. Exhibits
Exhibit No.
|
Description
|
Location
|
3.1
|
Articles of Incorporation of XR Energy, Inc
|
Incorporated by reference to Exhibit 3.1 to Registrant’s SEC Form S-1 filed on November 23, 2011
|
3.2
|
By-laws of XR Energy, Inc
|
Incorporated by reference to Exhibit 3.1 to Registrant’s SEC Form S-1 filed on November 23, 2011
|
4.1
|
Promissory Note
|
Incorporated by reference to Exhibit 4.1 to Registrant’s Amendment No. 1 to SEC Form S-1 filed on May 15, 2012
|
10.1
|
Consulting Agreement dated September 22, 2009 between XR Energy Inc. and RJB Consulting Inc
|
Incorporated by reference to Exhibit 3.1 to Registrant’s SEC Form S-1 filed on November 23, 2011
|
10.2
|
Consulting Agreement dated September 22, 2009 between XR Energy Inc. and Stephen Giametta
|
Incorporated by reference to Exhibit 3.1 to Registrant’s SEC Form S-1 filed on November 23, 2011
|
10.3
|
Consulting Agreement dated September 22, 2009 between XR Energy Inc. and Andew Vicari
|
Incorporated by reference to Exhibit 3.1 to Registrant’s SEC Form S-1 filed on November 23, 2011
|
10.4
|
Compensation Agreement dated August 2, 2010 between XR Energy Inc. and East Coast Power, LLC
|
Incorporated by reference to Exhibit 10.5 to Registrant’s Amendment No. 3 to SEC Form S-1 filed on June 29, 2012.
|
10.5
|
Representative & Fee Agreement dated May 23, 2012 between Lexington Power & Light LLC. and East Coast Power, LLC
|
Incorporated by reference to Exhibit 10.5 to Registrant’s Amendment No. 3 to SEC Form S-1 filed on June 29, 2012.
|
31.1
|
Rule 13a-14(a)/15d-14(a) Certifications of Anthony Muratore, President
|
Filed herewith.
|
31.2
|
Rule 13a-14(a)/15d-14(a) Certifications of Tara Muratore, Treasurer
|
Filed herewith.
|
32.1
|
Section 1350 Certifications of Anthony Muratore, President
|
Filed herewith.
|
32.2
|
Section 1350 Certifications of Tara Muratore, Treasurer
|
Filed herewith.
|
101.INS
|
XBRL Instance Document**
|
101.SCH
|
XBRL Taxonomy Extension Schema Document**
|
101.CAL
|
XBRL Taxonomy Extension Calculation Linkbase
Document**
|
101.DEF
|
XBRL Taxonomy Extension Definition Linkbase
Document**
|
101.LAB
|
XBRL Taxonomy Extension Label Linkbase
Document**
|
101.PRE
|
XBRL Taxonomy Extension Presentation
Linkbase Document**
|
*Filed
herewith.
**Furnished
herewith.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange act of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
|
XR ENERGY
INC.
|
Dated: November
14 ,2012
|
|
|
By:
/s/ Anthony Muratore
Name:
Anthony Muratore
Title: President
(principal executive officer) and Director
|
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