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Who makes the decisions on how SUEZ Technology distributes any funds that come in from Burnt Hickory?
? Let's see Mr. Laser, let's see if we can answer that intelligent question by reading a little public information that is out there. It's a fact the Exobox owns 100% of SUEZ. Now would that mean that Exobox would control what SUEZ does? Seems to me that might be the case here. How could anyone in their right mind come to a different conclusion or is there a secret plan that you have insider information on?
Who sits on the SUEZ Board of Directors?
AGAIN, let's see if a little deductive reasoning from public information could answer your most intelligent question. Exobox owns 100% of SUEZ, that means the Board of Directors of Exobox would vote all the SUEZ shares. Now if one sits and reasons a bit one might come to the conclusion that the Board of Directors of SUEZ is the Board of Exobox.
Who controls the voting shares of SUEZ?
Again, a little reading of public information and deductive reasoning would lead you to that answer. First, its public information that SUEZ is a 100% owned subsidiary of Exobox. Would not it be reasonable to infer that Exobox would vote the shares of SUEZ. Or is there another secret plan that only you are aware of?
Who will ever see any financial reporting from SUEZ?
Mr. Laser, again an intelligent question. Let's see if it can be answered using just a little reasoning? Again, SUEZ is a 100% owned subsidiary of Exobox. That would mean the SUEZ would be 'REQUIRED' to file consolidated financial statements with Exobox. Therefore, it is reasonable to infer the activities of SUEZ would be required to be reported in Exobox's financials?
Oh yes, Mr. Laser it was previously reported that the CEO would be in jail during the shareholders meeting...what happened to that? Did that happen? If it did, how did they have the meeting? If not, why not? You said it was going to happen didn't you?
By the way, while we are on the subject, you said the THE JACK formed an offshore corporation and stole Exobox, something like another SUEZ corporation or something. Please let us know the Who, What, When and Where of that post. That information was reported and posted on this board. Please explain what you meant, I need to know. Thank you.
Of course, all in my humble opinion.
Why didn't he vote his 30 million shares on the proxy?
If you look at results of proxy his votes would have defeated everything.
http://www.sec.gov/Archives/edgar/data/1335002/000117152011000191/eps4117.htm
Jet-
Thank you for your post. It is nice to see someone that was actually at the meeting.
Hopefully this post will help future investors.
Hoping for a positive future here.
The Bum
Rat -
I am in the same boat you are. I am not going to spend anymore money on this thing, especially to travel to a shareholders meeting for a penny stock.
Don't get me wrong, I do want this thing to succeed.
I don't care who is in charge as long as this thing sails.
GLTA!
The Bum
You seem to be in the know. I would have figured you or rat would have attended based on talk of having a meeting before hand to better inform shareholders.
The point I am getting at is how can he be making any money if the company is broke? I can see down the road having that salary. If he was selling stock it would be reported.
Do you have proof that he has accepted a dime? If there is no money, how is he accepting $168,000?
I read in an earlier post where the director's get all the money
from the sale of the assets. After reading the proxy I can
tell you that does not make sense.
It looks like they are are going to try to settle their debts
and the only asset they have to offer besides the 20 boxes of files,
is the note receivable.
After looking at the numbers, 3.4 million debt/615,000 note receivable, it looks like about 1/5 offer to the creditors of the company.
The shareholders will not be the only ones reducing the amount
due us....
after thinking about this it looks like the plan is "to clean up
the balance sheet" I think that is what they are going to do.
so all the proposals make sense now
so you don't think that having no debt once this thing goes through will have any effect on how this stock does? if you are so pessimistic about it, sell your shares and move on... I stated before that is your option as a shareholder. I on the other hand hope that you and the rest of the naysayers are wrong. I have already lost my tail on this thing but it is so low right now it's not worth selling everything off - I will stay patient and stay the course.
yes but this won't increase the pps. which is what appears the company is trying to do to create investor interest. IMO
start60, that is your option as a shareholder. I have been a shareholder for a few years now and have been extremely patient so far. I think I can wait it out for a little while longer. The Oct. 5th 8K noted that when the current administration took over they were left with 20 file boxes and a Dell computer and less than $1000 cash assets. I considered that rock bottom. Since then we are in a situation where we are SELLING the technology and not having it foreclosed on. Also Scott Copeland has new technology for the company--- definitely not a negative. This is what I am basing my decision on. Everyone is free to do their own DD to make their own educated decision.
After looking at the numbers on the Exobox website. With the reverse split this stock will go from 417,121,000 issued shares out of 500,000,000 authorized. If my math is correct that is 83% issued. The split will put this at 27,808,067 issued out of 100,000,000 authorized. Which would be only 28% issued. How is this a negative? I say vote "YES" for the reverse split IMO.
That is a great question -- after looking at the 8-k there is no mention for location of this shareholders meeting. I will do some more digging and post my findings.
As for funding for this meeting one would think that Burnt Hickory was funding this considering that they are the one's needing shareholder approval to move forward with this venture. Just my opinion.
The stockholders better approve the agreement otherwise this company is going to sink. Once they approve, this thing starts rolling.
I agree a PR is not needed that would be a waste of company money. If a potential investor doesn't want to read the 8-k to do their own DD then they shouldn't invest. This company is definitely headed in the right direction but it is up to us shareholders to vote for it to go in that direction. It's up to you, do you wanna sell the technology or have it taken and see no profits? Plus Copeland is going to work with the company and has new technology to add which means more profits.
Just read the 8-K ... looks like Kampa is buying the technology instead of foreclosing on it pending shareholder approval. As shareholders we need to vote to let him buy it. If not he will foreclose and we will see nothing!! How many of you on here plan on attending Jan. 7th? This company has had so many ups and downs and here is a bright spot to actually make money and get out of debt. Plus, looks like Scott Copeland has new technology to bring to the table which would mean more profit for the company. Things appear to be on the up and up.... Anyone else want to add their 2 cents?
I was trying to be more realistic than far fetched --- I would love to see it run but people will get anxious and start to sell as this thing climbs.
There is still a chance for people to pick up shares and make 2 or 3 times their investment once the 15th hits IMO.
It will go to contract --- IMHO --- I will be surprised if it doesn't.
I want to keep this thing rolling I have already contacted the CEO and offered $1000... who else is on board?
Will the 10K be posted on time any thoughts...
This stock needs a PR or Pinks update to for it to go back up.
Sounds like next week will be HUGE... better get your shares while the price is still low.
Whats the time table on the PR --- this week or next?
You have been asking this question for almost a week now and no one has replied to it for one of two reasons:
1. No one knows the answer to it.
2. If they do know the answer they are not saying anything due to the fact that a PR hasn't come out and that would be realeasing inside info.
Is there anyone on this forum that owns 15% of stock in the company that can look at the books? If not we can combine our shares through power of attorney and put one person in charge to do this deed.
FYI for those of you with millions of shares:
1. Any person or groups of persons who have been a stockholder of record of any corporation and owns not less than 15 percent of all of the issued and outstanding shares of the stock of such corporation or has been authorized in writing by the holders of at least 15 percent of all its issued and outstanding shares, upon at least 5 days’ written demand, is entitled to inspect in person or by agent or attorney, during normal business hours, the books of account and all financial records of the corporation, to make copies of records, and to conduct an audit of such records. Holders of voting trust certificates representing 15 percent of the issued and outstanding shares of the corporation are regarded as stockholders for the purpose of this subsection. The right of stockholders to inspect the corporate records may not be limited in the articles or bylaws of any corporation.
2. All costs for making copies of records or conducting an audit must be borne by the person exercising the rights set forth in subsection 1.
3. The rights authorized by subsection 1 may be denied to any stockholder upon the stockholder’s refusal to furnish the corporation an affidavit that such inspection, copies or audit is not desired for any purpose not related to his or her interest in the corporation as a stockholder. Any stockholder or other person, exercising rights set forth in subsection 1, who uses or attempts to use information, records or other data obtained from the corporation, for any purpose not related to the stockholder’s interest in the corporation as a stockholder, is guilty of a gross misdemeanor.
4. If any officer or agent of any corporation keeping records in this State willfully neglects or refuses to permit an inspection of the books of account and financial records upon demand by a person entitled to inspect them, or refuses to permit an audit to be conducted, as provided in subsection 1, the corporation shall forfeit to the State the sum of $100 for every day of such neglect or refusal, and the corporation, officer or agent thereof is jointly and severally liable to the person injured for all damages resulting to the person.
5. A stockholder who brings an action or proceeding to enforce any right set forth in this section or to recover damages resulting from its denial:
(a) Is entitled to costs and reasonable attorney’s fees, if the stockholder prevails; or
(b) Is liable for such costs and fees, if the stockholder does not prevail,
Ê in the action or proceeding.
6. Except as otherwise provided in this subsection, the provisions of this section do not apply to any corporation that furnishes to its stockholders a detailed, annual financial statement or any corporation that has filed during the preceding 12 months all reports required to be filed pursuant to section 13 or section 15(d) of the Securities Exchange Act of 1934.
Have you tried emailing Mr. Cukjati @ jackc@exobox.com? He may reply.... there's a start.
If you want to look at L2 go to otcbb.com
put in "amne" to look up the quote then click on the level 2 - it will show what has bought and sold individually on a 15 min delay.
I agree with you - why would someone have a buy for 100 shares when the pps is so low right now
MARKET MAKER SIGNALS
Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.
100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
You are right it is possible for the stock to jump that high in a day but you have to take in to account the day traders that are going to jump ship after the stock price hits a certain high and that will keep the PPS down.
How can you have a Book price of 1.136 and an EPS of .126 and the PPS drop to .021? Now I am not a rocket scientist but something isn't adding up. Anyone have a clue or can offer some insight?