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Wednesday, March 25, 2015 5:54:20 AM
According to the amended lawsuit I read below..
http://www.bahasweb.com/exobox/Shareholder_Plaintiffs_Motion_to_Amend_Complaint.pdf
"At the hearing on Defendant's Motion for Summary Judgement, Plaintiffs requested that this Honorable Court Order Defendant Exobox to produce documentation evidencing issuance of the Series D Preferred Stock to Shaun Irvine. Defendant Exobox's Counsel represented (at the hearing) that he could produce proof of the issuance of the Series D Preferred Stock "tomorrow" if the Court wanted him to. Thus, the Court Ordered Defendant Exobox to produce this documentation to Plaintiff's Counsel by no later than, February 19, 2015. The Court denied Defendant's Motion for Summary Judgement, without prejudice. The Court continued the hearing on Defendant's Motion for Summary Judgement until March 26, 2015, to allow Defendant Exobox to produce documentation and to allow the parties to submit supplemental briefs.
To date, Defendant Exobox has not produced any documentation evidencing the issuance of Series D Preferred Stock to the Sole Director and Officer, Shaun Irvine."
"47. Upon information and belief, Defendant SHAUN IRVINE did not pay anything for the issuance of the 5,000 Series D Preferred Stock. Defendant SHAUN IRVINE and EXOBOX refuse to offer proof of payment of these shares to the Shareholders, despite several demands."
"48. Despite several demands by the Shareholders, Defendant SHAUN IRVINE and Defendant EXOBOX refuse to provide the following information regarding the issuance of the 5,000 Series D Preferred Stock Shares to Defendant IRVINE:
a. When were the Series D shares recorded with the Transfer Agent;
b. When were the Series D shares filed with the Nevada Secretary of State;
c. Where is the proof of $50,000 cash transaction for the Series D shares;
d. Where is the SEC Form 4 for this transaction;
e. Where is the Shareholder approval of these Series D shares;
f. Where are the certificates for the Series D shares."
"49. Defendant EXOBOX moved this Court for summary judgement against PLAINTIFFS. At the hearing on February 5, 2015, Defendant EXOBOX'S Counsel represented to the Court that Defendant EXOBOX could produce documents evidencing the Series D Preferred Stock Shares. As such, the Court Ordered Defendant EXOBOX to produce documents by February 19, 2015. However, Defendant EXOBOX failed to offer any evidence of such Series D Preferred Stock Shares."
"50. Defendant have also refused to comply with another Court's Order to produce docuemnts for inspection to the Shareholders."
See,
http://www.sec.gov/Archives/edgar/data/1335002/000100233414000006/f8kacquisition.htm
"On January 29, 2014, and in consideration of approximately $50,000 in cash, the Company issued 5,000 shares of Series D Convertible Preferred Stock to its sole officer and director, Shaun Irvine."
So what gives? Where's the documentation that Exobox' attorney refered to? Why won't Exobox produce this evidence of the $50,000 cash transaction?
I don't understand why the company won't disclose what's been asked of them.
In my opinion, time and time again, it seems to me that with almost every opportunity that has been given to Exobox to produce documents, they never produce any documents.
WHY ????????????
GO SHAREHOLDERS !!!!! DO NOT QUIT UNTIL EVERY STONE HAS BEEN TURNED OVER !!!!!!
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