EnXnet, Inc. Auditor Raises 'Going Concern' Doubt

EnXnet, Inc. is a natural gas and petroleum exploitation, development and production company. The Company is engaged in locating and developing hydrocarbon resources, primarily in the Rocky Mountain region. The Company's principal business is the acquisition of leasehold interests in petroleum and natural gas rights, either directly or indirectly, and the exploitation and development of properties. The Company has leased property in Colorado and is searching for additional opportunities in the natural gas and petroleum industry.