Note 10: Stockholders' Deficit: Issued and Oustanding (Policies)

3 Months Ended

Aug. 31, 2014

ISSUED AND OUSTANDING

As of August 31, 2014, the Company had issued and outstanding 7,151,568,163 common stock shares and 600,000 Series B preferred stock shares.

For the 3 month period ending the August 31, 2014, the Company issued the following common stock shares:

The Company issued 24,166,666 shares on June 3, 2014 for $1,450 pursuant to the conversion of a Convertible Promissory Note dated July 2, 2013. The issuance of the common stock was exempt from registration under Section 3(a)(9) of the Securities Act.

The Company issued 21,666,667 shares on June 3, 2014 for $1,300 for interest pursuant to the conversion of a Convertible Promissory Note dated July 2, 2013. The issuance of the common stock was exempt from registration under Section 3(a)(9) of the Securities Act.

The Company issued 110,000,000 shares on June 3, 2014 for $6,600 pursuant to the conversion of a Convertible Promissory Note dated August 29, 2013. The issuance of the common stock was exempt from registration under Section 3(a)(9) of the Securities Act.

The Company issued 177,444,444 shares on June 10, 2014 for $8,872 for interest pursuant to the conversion of a Convertible Promissory Note dated June 5, 2013. The issuance of the common stock was exempt from registration under Section 3(a)(9) of the Securities Act.

The Company issued 273,333,333 shares on June 16, 2014 for $16,400 pursuant to the conversion of a Convertible Promissory Note dated August 29, 2013. The issuance of the common stock was exempt from registration under Section 3(a)(9) of the Securities Act.

The Company issued 158,333,333 shares on July 7, 2014 for $9,500 pursuant to the conversion of a Convertible Promissory Note dated August 29, 2013. The issuance of the common stock was exempt from registration under Section 3(a)(9) of the Securities Act.

The Company issued 21,666,667 shares on July 7, 2014 for $1,300 for interest pursuant to the conversion of a Convertible Promissory Note dated August 29, 2013. The issuance of the common stock was exempt from registration under Section 3(a)(9) of the Securities Act.

The Company issued 274,000,000 shares on July 30, 2014 for $16,640 pursuant to the conversion of a Convertible Promissory Note dated September 30, 2013. The issuance of the common stock was exempt from registration under Section 3(a)(9) of the Securities Act.

The Company issued 300,000,000 shares on August 19, 2014 for $15,000 pursuant to the conversion of a Convertible Promissory Note and interest payable dated February 12, 2014. The issuance of the common stock was exempt from registration under Section 3(a)(9) of the Securities Act.

Schedule Of Stock Issued for the 3 month Period ending August 31, 2014

Date	Common Stock Shares	Common Stock issued to reduce CPN's	CPN Amount	Common Stock issued for interest	Interest Amount
Balance on May 31, 2014	5,790,957,053
June 3, 2014	45,833,333	24,166,666	$1,450	21,666,667	$1,300
June 3, 2014	110,000,000	110,000,000	$6,600
June 10, 2014	177,444,444	-	$0	177,444,444	$8,872
June 16, 2014	273,333,333	273,333,333	$16,400
July 7, 2014	180,000,000	158,333,333	$9,500	21,666,667	$1,300
July 30, 2014	274,000,000	274,000,000	$16,440
August 19, 2014	300,000,000	200,000,000	$10,000	100,000,000	$5,000
3 months ending August 31, 2014	1,360,611,110	1,039,833,333	$60,390	320,777,777	$16,472
Balance as of August 31, 2014	7,151,568,163

Xun Energy, Inc. 10-Q