If I am not gaming then I am at work
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I agree absolutely positively 100%.
Invested almost 8 years ago & there is hardly anything good to say about EXBX. They have patents on the SUEZ, and EXODETECT/WATCH are cool products thats about it.
Tremendous Debt
Law Suits
Cannot get Funding
The magic 8-Ball sez outlook not good
I think you have, but did you notice Evans, Skipper, Dillon, Kampa, Wirtz all have relations. Those are just off the top of my head. Check out Acola from years back. Plunderers of Companies, Wreckers of Shop.......What a barrel of snakes.
Scott is a computer genius not a business genius. These guys came in and took advantage of Scott & his family & friends. I wish nothing but bad things for those that had a hand in it.
It was a response
"I say give Floyd some time. From the time he took over until now we have been recognized by Gartner, and the stock is up 50%"
As I read the statement, it was giving credit to Griffith for getting us recognized by Gartner & increasing the PPS by 50%.
SAAS was recognized prior to Griffith taking the CEO position, EXBX could not post the PR saying they were recognized by Gartner until Gartner officially posted their list. Griffith just happened to be CEO when EXBX was able to release the PR. Griffith did not accomplish the Gartner recognition so HE GETS NO CREDIT. The only thing Griffith has done so far as CEO is put PR's out of other people's accomplishments.
The only thing worth hearing from Griffith or any other CEO of EXBX is we are Out of Debt & Coding on SUEZ has Started. Anything else is Horse Sh**.
I would not give Griffith any credit yet. He did not get us recognized by Gartner. EXBX could not post the official PR on Gartner until Gartner officially posted the "Kick A$$ List". The Gartner recognition was done prior to Griffith taking CEO. The percentage increase in PPS was probably due to the Gartner PR.
Griffith gets no credit from me.
I understand that if by some fantastic miracle money comes from somewhere, coding will be done incrementally. I was referring to the total amount to get all the coding completed.
I have posted on here many times that there are 5 modules to code:
(Incrementally)
DLP/DLD
Data Stick
Disaster Recovery
Unified Console
Anti-Virus
It will take a total of around 9 Million Dollars to code all of these modules w/ Anti-Virus being the last one to code. EXBX will need several more Million to Market/Advertise.
This is the Bread & Butter of EXBX, this is what should have happened 7 years ago. Dillon f***ed up the relationship w/ OSR & went the SAAS route. Don't get me wrong SAAS is a kick ass product, but it is not patented, sales are meager at best, & there are rival technologies. The sun does not rise nor set by SAAS. It does w/ the SUEZ Technology.
There is absolutely no way EXBX will make any real money unless coding starts & completes. 3.5 Million Debt, Law Suits, Equity Distribution is the hold up & more than likely the nail in the coffin.
Yes I do, but from what I understand the government is one of the major markets that EXBX wanted to implement its SUEZ protection. Endless money. That is why EXBX did not agree to those terms.
I guess you are right in doing free business w/ the government is better than closing shop.
I do not think Griffith or anyone can turn this one around. There is way too much baggage.
Ask yourself this question,
If you had 3 Million Dollars & wanted to invest in this company. You want to invest to get the coding started, but only to find out that the company is 3.5 Million in debt (Payroll, Operating Capitol, Etc.) not to mention one of the big things - equity distribution. Your 3 Million dollars would go to pay a large portion of debt & coding will not start.
You are dead in the water and out 3 Million until there is more money. Say that more money comes and coding starts. You get excited because you think you will finally get a return on your 3 Million Dollar investment only to find out that some jackoff has 30 Million shares & several others that have large positions are unloading on you making the share price plummet. Would you still invest your millions?
Griffith or anyone - Mgmt Version 5,6,7,8,9 and so on, Will Not be able to convince heavy investors that this is a good investment considering the scenario above (which is pretty much fact).
Kampa has a long list of heavy investors that all said the same thing. Kampa resigned because the company is so jacked up from Mgmt Version 1,2, that he could not get funding. If Griffith pounds the pavement for heavy investors more than likely they will say no too. The company is a train wreck, it does not matter who the CEO is if the company is too far gone.
The company is around 3.5 Million in debt w/ just a trickle of income that cannot even come close to touching that. The sales that is made from SAAS is in the thousands. I do not see the doors staying open much longer.
It will take around 12 Million to code all modules, market & advertise the SUEZ technologies. To do that, EXBX will have to overcome a dungpile that totals around 3.5 Million Dollars.
If Skipper gave 1 million funding it would be a surprising gesture coming from someone like him. That would reduce the debt to 2.5 Million, but everyone is still in the same boat: coding does not begin, share price stays the same & Skipper is 1 large one lighter. I do not think he is stupid enough to do that. 1 Million would do nothing for this company anyway.
That being said, outside investors that look at this company see the debt, the lawsuits, & how lopsided the equity is distributed (e.g. Skipper) & they all say the same thing.....No. Skipper is not going to fund this company & neither are investors.
Also, what is to say to the investors that if they did fund EXBX 12 Million (code,market,advertise) & 3.5 Million (DEBT), Skipper would not unload millions of his ill-gotten shares. There is no reassurance for that one.
Investors do not want to put their money in a company that is as jacked up as this one. Doing that would be stupid & people that have money, have money because they are not stupid.
All I see at this point is Bankrupcy Restructure, it appears the only viable solution. I ask myself why they have not done it already & Pump n Dump comes to mind. Everyone should seriously consider their position on this company.
Who Wrote:
"I think something IS happening BECAUSE Griffith is in the driver's seat and with his education, experence and reputation, I don't think he would have taken the job if he thought that it was impossible to breath some life into this thing. If this company was history, I believe they would have just let it died."
I don't think that Sam Skipper who has 30 Million shares will let the company die until he unloads his shares. I think he is maneuvering behind the scenes trying to figure out how to get the price up to unload. Skipper & Studdard are buddies, Studdard is the ranking board member. There are only 2 board members: Studdard & Griffith. Griffith has to bend to their will or they will S***can his A$$.
EXBX has no life: there is no money, there is noone interested in funding this train wreck. I am almost certain there will be no miracle.
If it looks like S***, smells like S***, then guess what.....
All those doors you mentioned at the end of your message have already been knocked on. There will be no funding.
Well said Laser, Dillon F@#*!d everything up w/ OSR. He pissed them off royally, that is why EXBX had to try to re-establish good terms & get back the connection w/ OSR. Dillon went w/ the SAAS cuz he trashed the relationship w/ OSR. That is a fact, and from that point on it went all down hill from there.
By the time Dillon was booted & Regan stepped in, the fan blades at the S#%* Plant were already churning & could not be stopped.
True that Laser, the answer is NOONE. About the PR's to say "We are still working on funding, but we haven't found it yet." What is the point, If there is no PR saying "We have aquired funding" I think that speaks for itself. NO FUNDING. Why spend money on a PR & put the company further in debt on something that everyone can figure out on their own.
As for the future of EXBX, the magic 8-Bal sez Outlook not Good. There will be no funding, the company is a train wreck.
I do not think he will have to do any shaking at all. Once the pump starts they will loose shares hand over fist voluntarily. Griffith better watch out cuz he will be the target of the Investigation when the smoke clears while the sharks are swimming off in the sunset pumping each other.
I was asking my self that very question, but when you sit back and look at the big picture. Who are the guys that still have millions of shares. If you cannot get funding and you have tens of millions of shares, how would one be able to unload those shares if you file bankrupcy.
So what happens is you appoint a talent agency CEO to throw some PR's out there. You dump millions of shares on the market.....then you file for bankrupcy.
EXBX is finished.
I just saw the writing on the wall, I got caght w/ my pants down on D-Day. My eyes were wide open for six months after that. It was not gonna happen to me again.
Back in 2003 I bought 1% of EXBX for 20K thats about 3.2M shares. I have been around a long time. I started posting around the first D-day in Oct. '09. Not one of my posts have been negative until today. Mainly I lurk on this board.
The only hope this company had was Mr. Kampa. There are no investors that are going to fund EXBX. If there were it would have happened with Mr. Kampa. Floyd worked with Mr. Kampa for the past six months, I do not believe for one second he has connections to heavy investors that are going to turn this company around. Floyd is the CEO of a talent agency for crying out loud. EXBX is an absolute joke.
I have sold every share that I had & did not make a penny. Actually I will be filing losses on tax returns for a while.
So, IMO Floyd is gonna try to polish this terd w/ some fancy rhetoric via PR. I would not be surprised if EXBX goes back into the oil business. They have got talent & tech, why not add some grease. I bet when the PR's are released there will be high volume sells. Pump & Dump Floyd.
IMO you should ride the pump and dump, cuz when the heavy share coffers are depleted it is bankrupt city.
Maybe he could get the NAACP or Quanel X to have a rally in downtown Houston.
No way bro, I have already sold 3M+ shares. I am tapped out.
Floyd will probably paint a pretty picture, but this company is finished. I am gonna sit back and watch it cave in on itself. No investor that has any kind of sanity will fund this company.
Pending lawsuits
Over 3 million in debt
And a few key players w/ millions of shares that are gonna dump.
That Fat Chik is singin. She is 16 miles away and she is loud and clear.
This company is an absolute joke. Watch Floyd pump this stock so the guys behind the curtain can dump.
Pump & Dump Baby, Pump & Dump
That is just it, there will be no funding because of all the baggage. IMO, this is a pump & dump so people with heavy loaded shares can get rid of them. THERE WILL BE NO FUNDING
BE WARNED!!!!
I do not think Kampa is coming back. It is very, very, very very, possible that this stock will turn into a pump & dump. There will be no vision of success for this company. IMO, Bogeys are moving in to pump then dump millions of shares to line their pockets. Just take a guess at who they are. Hint: one misapropriated a lot of past funds for EXBX. The other one was involved w/ natural resources. I have sold my whole position which was 3M +. The sharks are circling & I cannot express how dangerous it would be to invest in this stock. Going to the toilet and flushing your wallets would not even be close.
I would strongly suggest all investors to be extremely careful.
Actually its about 1M sells, 1M buys. 2M total Volume.
I was talking about an official Edgar Filing. You are correct though, a blog update on their web site would be much appreciated.
I know making a PR Filing cost money, but I do agree some kind of update would be good.
I am still here lurking too. I believe the 10Q was filed last week. The "E" should be removed this week, I think it takes a few days.
One way or the other IMHO, Mr. Kampa will let the shareholders know what is going on.
EXBX did release a translated white paper report so a layman could understand it. I have a hard copy but all the links I have tried are no longer active, maybe someone could post an acrobat reader link.
I will still be loading tomorrow....gotta get them while they are cheap, happy buying to all that is buying ;)
Yes the 10Q should be out today,
I think the deadline is today.
Loading up @ .0099 & .01, better get them while they r cheap. IMO news is coming & the 10Q is due.
I think that there will be news next week.
Probably tomorrow. I will be buying when everyone sells, if they sell. I still feel EXBX will pull through. IMO of course.
I believe EXBX is doing everything they can to secure funding. I also believe that their will be news very soon. IMO, the Patents should be coming along w/ other PR's. Funding may take a while, when closing a deal on millions you want to have all the bases covered. All IMO of course.
Strange things are afoot today. Somebody is loading up & no pps increase.
Strange things are afoot today. Somebody is loading up & no pps increase.
I have seen the prototype laptop many years ago. It does exist, CutAbove & myself both have seen it. As far as the SUEZ tech, OSR has validated it & wrote the white papers on it. I am not sure OSR would do that on just an idea. Also, the SUEZ tech has been patented. I do not think the U.S. patent office would issue patents on an idea that does not work.
The U.S. Patent Office:
- Must function properly. For instance, a mechanism, which is claimed to perform certain tasks, must do so.
-Must be new and not apparent, based on a similar product. The determinative condition is that the product must not have differences from a previously known example, that can be considered unsubstantial, making the two items very similar.
Actually,
D.A.R.P.A. created the internet & it was called Arpanet. Al Gore did a lot of the legal & governmental issues w/ it. Gore contributed, but did not invent it. Anyhoo, I understand the reward/risk of EXBX, and for me it is a risk worth taking.
Everyone on this board is in on the ground floor with a company that quite possibly could secure the internet & all its derivatives. No company has accomplished that yet. EXBX could name their price.
Hey Kube,
I think you meant to say, compared to EXBX....the competition on their best day are only 60% effective.
In answer to your question.....
Who is EXBX to come up with a antivirus product that once it's made public, nobody can live without.
Scott & Reggie
-They are the ones that developed the tech
-They are the ones that patented the tech
-It is possible that a couple of geniuses can come along with something that is groundbreaking
(e.g. Newton & Gravity, Einstein & Relativity, Tesla & Alternating Current, Edison & Light Bulb, Yahoo Serious & Beer Foam)
Ucant no worries here either. Loaded up today something fierce....Refund Check wired straight to Scottrade. Anyhoo, sitting in front of my XBOX chillin like I do.
Cheers & have a good weekend.
As I said the technology has been verified by OSR. OSR wrote a very technical spec called the white papers. In this tech document OSR explains in great detail how the technology works along w/ all the derivative avenues this technology can do.
To code this technology, will cost mega-bucks.
I can assure you I am not invested on blind faith.
The SUEZ technology is for real. It is not in the theory stage.
The SUEZ technology is patented & the patents should be issued soon. The patents have Scott's, Tony Mason from OSR, & Pernia's name on them.
There was a crude version coded by Scott & Reggie. Scott & Reggie annhilated their computer w/ every malicious code in their arsenal......the computer rectified itself. IT WORKS
OSR has verified the technology & wrote up the white papers. I have a copy of the white papers.
It will take about 8 Million dollars to code all the modules & OSR is ready to do it.
EXBX needs funding & when they get it the coding will be done in phases. Coding has not started at all, but when it does it will take over a year to complete the whole thing.
5 Modules: DLP/DLD, Data Stick, Disaster Recovery, Unified Console, Antivirus
IMO there is one more hump to get over before EXBX locks in the funding.........refer to post #27631
Read my post msg# 27631, IMO that is the key to funding.