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Re: FunkyCoolModena post# 43054

Saturday, 03/14/2015 4:59:19 PM

Saturday, March 14, 2015 4:59:19 PM

Post# of 47790
Let me get this straight. The un-elected CEO supposedly "buys" a new unauthorized series D stock that magically give him a majority of the shares in the company. Now that he is the majority shareholder, he votes and approves a reverse merger that will give some unknown people a new company and a big pile of money. The exobox shareholders get some pocket change and exobox is no more. They want to sue shareholders? Good luck with that.

In the discovery phase

1. Who is paying for the lawsuit in Nevada against the sharedholders?
2. Who else is involved in this for exobox if Shaun Irvine is the only officer of the company?
3. If they win the lawsuit (which they won't), what parties receive the settlement?
4. Will exobox pay court costs when it loses?
5. Who and what was in the contract of the reverse merger and who received what?

When and if this lawsuit ever gets to trial, the discovery phase for the shareholders will reveal all of these secrets and many more. This looks like shareholder intimidation tactics to scare the shareholders and a very risky move for the company to take if they are hiding something. Discovery phase is a powerful process for plaintiffs to get ALL the information they need to defend themselves.


AIMO

GVibes