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Author Topic: XSNX news
nar31977
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Adding 72 million shares to mkt

THIS OFFERING

Shares offered by Selling
Stockholders.................. Up to 72,879,263 shares, including 59,520,000
shares issuable upon conversion of secured
debentures, including interest and 10,750,000
shares issuable upon exercise of warrants of
which 4,250,000 warrants are exercisable at
$0.15, 2,125,000 warrants are exercisable at
$0.20 per share, 3,125,000 warrants are
exercisable at $0.45 per share and 1,250,000
warrants are exercisable at $0.55 per share*

Common Stock to be outstanding
after the offering............ 196,796,343
Use of Proceeds............... We will not receive any proceeds from the sale
of the common stock hereunder However, we will
receive proceeds from the cash exercise, if any,
of the warrants owned by the selling
stockholders.

Risk Factors.................. The purchase of our common stock involves a high
degree of risk. You should carefully review and
consider "Risk Factors" beginning on page 4

OTC Bulletin Board
Trading Symbol................ XSNX.OB

* Based on the current issued and outstanding number of shares of 123,917,080
(without giving effect to 26,798,418 shares that were issued and deposited into
escrow) as of January 9, 2005, and assuming issuance of all shares registered
herewith, the number of shares offered herewith represents approximately 37.03%
of the total issued and outstanding shares of common stock.


link to mvsytems

http://www.mvsystems.info/


NOTE 8 - SUBSEQUENT EVENTS

EXPANDED LICENSE AND WARRANTS

Expanded Use License stock warrant MVSystems, Inc.- As consideration for the
grant of an Expanded Use License on October 12, 2005, granting XsunX additional
benefits for use of licensed technologies and patents, XsunX granted MVS a
warrant (the "Expanded Use License Stock Warrant") for the purchase of up to
Seven Million (7,000,000) shares of common stock of XsunX, the warrant will
expire five (5) years after the date of the grant and is subject to the
following vesting provisions:

(7) The Expanded Use License Stock Warrant allowed for the vesting of one
million (1,000,000) warrants on the effective date of the agreements.

(8) Another one million (1,000,000) warrants will vest upon the satisfactory
completion of a Phase 4 development program for the development of technologies
licensed under the Expanded Use License.

(9) The balance of five million (5,000,000) warrants will vest upon the date the
technologies licensed within the Expanded Use License are licensed to a third
party in a bona fide arms-length commercial setting

Posts: 404 | From: MS | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
shomethamoney
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Old news - waiting to hear about the great conference that is coming up next Thursday - and the manufacturing sight will take this thing up!!! Good time to get in!!!

--------------------
shomethamoney

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lilpennypincher
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Beatuiful uptrend and it's moving back up really nice!

Got it today!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
lilpennypincher
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GO MAMA!!!!!! GOOOOOOOOOOOO!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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lilpennypincher
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Still climbing!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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nar31977
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I found some other news.


http://www.wtn.net/2005/summit/finalists.html

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lilpennypincher
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This baby is HOT!!!!!!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
nar31977
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STILL HOT ON THE BAR CHART

http://quotes.barchart.com/texadv.asp?sym=xsnx

Posts: 404 | From: MS | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
lilpennypincher
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Oh man......You're not kidding.

Uptrend is super nice.
And....still has room on this run up.

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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nar31977
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Trust me, they are not even selling their product, its in the ramp up stage to where they have enough to meet demand, when they go into sales........you are gonna see MAJOR % increases.

2.50 by the end of the month.

Buy, HOLD LONG

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kywee
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1.80, not bad. to bad i didnt hold my shares from .565
Posts: 2329 | From: MD | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
nar31977
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well if it dips, you have another chance, it will hit the 2.00 mark within the week or month easy............

good luck to you.

Posts: 404 | From: MS | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
   

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