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You are 100% dead on. Like I said we have about 100 million shares +/- in the treasury. I think I was than corrected and told I was wrong (not you, I know). Great days ahead IMO, I am excited again.
Mr. Kampa is plan "A" and will get this done.
RGR is looking good
I have no idea, maybe the sex change operation did not go well?
No I think a shark has eaten him. I think they found the shark dead later that day, lol. $D told me you have the best crabs around, lol.
Hey muskrat,
IMO this has better odds than you could get in Vegas, lol. No worries with me bud as long as we have Mr. Kampa. I still believe, great days ahead IMHO.
ewwwwww
lol
Oh yeah I forgot :)
No actually that is exactly what you said, You say if we get funding it wont be good, if we do get funding it wont be good! Go read your posts, I did.
Than you said we will be diluted and the patents sold for pennies on the dollars!
You say you hear chatter and have associated yourself to inside information that all are being scammed and if I am not mistaken that is so illegal that it is not even funny. Seriously, you know people and this is what you are hearing? Do you know what kind of trouble you could get into with those words?
You were hear posting that it will be 12 to 18 months before anything happens and now it is 90 days?
For the love of GOD man / woman make up your mind!
You also say and I quote
"I don't know why UCANT FIGURE THIS ONE OUT. EXBX is really down and out. They have no money, they have no products at this time to sell, All they have is some antivirus software and only a couple of them have patents. Really, at this point, EXBX could be concedered a home or garage ran business. DO YOU REALLY THINK THAT SOMEONE IS GOING TO LOAN EXBX BIG MONEY SO THAT YOU CAN MAKE ALL THE MONEY. ARE YOU KIDDING ME. EXBX is so risky right now that ANYONE WHO PUTS UP THE MONEY IS GOING TO DEMAND FULL OWNERSHIP OR CLOSE TO IT. IT IS CALL THE RISK / REWARD FACTOR.
So what is the DLP / DLD? I know those are real and so do the hundreds on this board that saw them live.
I am also glad you told us all that EXBX is down and out. I do not believe I knew that they needed money! Ohh wait yes I did because Mr. Kampa said so at the January meeting to investors. He also said he would get it.
Hey krang,
The answer is no they can not just walk into a bank like BOA and apply for a loan. It is a different division that specializes in those kind of loans. However many companies(not just banks) that will loan money to companies outside of the SBA called "Angel Investors" and that's all they do is invest in companies that are all ready running or start up. Than you have hedge funds that will take an equity stake in a company they think will be good, etc... Now many companies are listed as hedge funds that are not as well known like GS or someone. Some investors are labeled a Hedge Fund because they loan money and deal in shares. Than you have just the private investor that likes what you got and will give you money and those terms can vary depending on what will make the investor happy. A deal like this takes some time and is not as easy as applying for a mortgage and I am sure most of us know what that is like, lol. Did this answer your question?
And you know this how?
"at some point in time the majority of exbx will be own by new investors and the current sharholders shares will be very much diluted."
And why is that? Just about everyone knows each other or someone that knows someone on this board
"nobody knows who I am, and I am going to keep it that away"
So ucant answer my questions, LOL.
Yeah but we are not in BK, so are you saying we are going into BK? Because as I understand it a company can not just cancel shares.
Also who was posting on the board?
Can you answer my questions?
So you say if we get funding it is bad if we dont it is bad but that can change?
Before what is over? And you still did not answer my question on who?
Did you sign a NDA also, lol.
Well who was it?
I think Kmart went BK
http://money.cnn.com/2002/01/22/companies/kmart/
and when they emerged the shares were cancelled
I do not see where EXBX has gone BK? I also do not think they can just cancel shares like that.
And do not forget who is he hearing that chatter from if he is not talking to insiders?
what do you mean scary? you were asking me if I would stick my face in your.... and I said no way, that's scary, lol.
Harvey,
Relax, no one said he was doing one and it is still my opinion that if they did do one it would be good for us both short term and long term. I would not be shocked if they did one at some point. Again you see it one way I see it another. I did not even bring this up. Sorry for thinking we need one, he should do one and if he did it is OK with me. You are right usually people get scared and sell and usually the PPS comes back and usually people are mad they sold. The stock you refer to was a POS and we are not IMO. We have products and truthfully the current float is not all that bad, IMO it is just a little to high but not that much.
you have it wrong, it is I am going to spread $D all over the car and wipe it off with TP, geesh, get it straight, lol.
yeah whats up over here?
You said:
MROWL IS RIGHT
Futhermore if EXBX gets the funding it's needs, it will not be a loan. Nobody is going to loan 2 plus million on such a risky venture in this economy. NOBODY !!!! If they get the funding it will only be because they (THE NEW INVESTOR)believe's the company will make it AND THEN THEY WILL DEMAND SUCH OWNERSHIP THAT IT WILL SQUEEZE THE CURRENT SHARE HOLDERS DOWN SO MUCH AND PERHAPES EVEN OUT. They can do this a few ways, A R/S WILL DO THE JOB. If they had 10 for 1 split this means you went from 300 million to 30 million outstanding shares. Now the company can come in and issue a new 500 million shares to the new investor. The dilution would be so brutial the current shareholdes would be lucky to get pennies on the dollar. MROWL IS RIGHT AGAIN the time factor is very important.
The other way to clear the way for funding is to null and void the current shares ( DON'T SAY IT COULD NOT HAPPEN) Because that is what happen to K Mart stores. The assets were equale to the debt and the cancelled the current shares, issued new shares and kepted on going. The old shareholders did not get ANYTHING AND THAT IS A FACT.... AND THIS WAS K MART
I hate to say this but if they get the funding it will be at such a heavy cost to the current sharholders, it will be very painful.
Another way is to sell the patents and recoop what they can. In any case this is not good.
Uncle Rumple
You also said if we do not get funding we have problems. So are you saying no matter what we have problems?
The answer to your question is no, he never mentioned.
LOL, like I said you can find negative as much as positive look at it however you want. Like I said a year ago IMO it should be done and I still stand by it.
This is from the SEC:
http://www.sec.gov/answers/reversesplit.htm
Reverse Stock Splits
A reverse stock split reduces the number of shares and increases the share price proportionately. For example, if you own 10,000 shares of a company and it declares a one for ten reverse split, you will own a total of 1,000 shares after the split. A reverse stock split has no effect on the value of what shareholders own. Companies often split their stock when they believe the price of their stock is too low to attract investors to buy their stock. Some reverse stock splits cause small shareholders to be "cashed out" so that they no longer own the company’s shares.
A company’s board of directors may declare a reverse stock split without shareholder approval. Although the SEC has authority over a broad range of corporate activity, state corporate law and a company’s articles of incorporation and by-laws govern reverse stock splits.
If a company is required to file reports with the SEC, it may notify its shareholders of a reverse stock split on Forms 8-K, 10-Q and 10-K.
http://www.sec.gov/answers/reversesplit.htm
I guess it depends on how you look at it, read my post before this one. I am sure we can find negative along with positive. Mr. Kampa did not create the share structure and personally I wish he would fix it, IMO it sucks right now. We at least have to give him a chance to see what he can do for us. IMO Mr. Kampa is smart and will do the right thing by us, no worries with me.
Not necessarily, They could follow up with news. However if one were to ever find out that a RS was coming and you thought about becoming Joe the Trader you might want to think about that before selling and trying to buy back in at a lower PPS. I know many that hold MANY MILLIONS of shares. If they hold tight, shares may actually be hard to come by. This stock is a community based investment with friends of friends, etc... Most here are long timers and did not sell on D-Day and most likely would not sell on a RS if it were to ever occur. Those that did sell on D-Day and wound up buying back in at a higher PPS have learned a lesson and probably would not be so fast to sell again as their positions were greatly reduced. So with that said about people holding tight and the possibility of news you might actually reduce yourself greatly again. I am not sure why this is of a concern now but like I said if it happens no big deal. Personally I wish he would do it and even said so a year ago. IMO in the short term it would benefit us not harm us IMO. Also 1 has to think about the shares currently and who holds them, the company basically does not own itself. The company has more shares in the float than they own. If a rival company did want to take over on a buy out it would be easy. The rival could start buying at .20 and many would sell, they could buy up the float easily and walk in and say "WERE HERE AND YOU GUYS CAN LEAVE". They bought the company for next to nothing and we get screwed.
I agree I am sure they have an ace in the hole, no doubt about it with me. I am not saying they will RS. My point is if they did do it whether it be next month or next year it should not be of any major concern. Everyone is under the impression that the deal is going to have to be with shares and thats it, maybe someone does it and just gets a % of the company like a royalty with the promise of shares on a higher exchange or in the future. MrOwl brought it up and was just giving my thoughts. I really do not see it as a bad thing, might actually be a good thing and you would most likely get a bigger bang for your buck. I guess we have to wait and see what Mr. Kampa has for us.
Well within 3 months it is than, no worries here.
You wont get answer because your question is speculative. You are ASSUMING they will not get financing! Mr. Kampa said he would! So right now you are trying to stir the pot with a speculative scenario. Are you saying Mr. Kampa is a liar?
Mr. Kampa said he was trying for the EOM, were not their yet and you are already saying he will not get it. Even than if it were held up by a week or 2 still not worry time IMO. But if your worried now than worry away.
JMHO but 10,000 is a little extreme. 500 million authorized and that large of a split would create a liquidity problem and they would have a problem selling shares. However I have been saying for years and was chased off the board at 1 time that I think a RS would be good. To much liquidity right now and IMO the best we could see right now would be maybe .15 cents.
If you currently hold 1 million shares the best you could hope for would be maybe $150,000 and you would be competing with many others selling. So if your 1 million turned into 100,000 and somehow Mr. Kampa got the PPS to say $2-$5 short term you would be ahead of the game already. If at some point this year your 100,000 was trading at say $15+++ you would be doing pretty good. Even worst case scenario assuming a dooms day split and you went from 1 million shares down to 50,000 again even at $3 you are even and at $15 you are still ahead and doing pretty well. I do not know about anyone else but I would prefer the 100,000 at $5 or more and it is realistic.
If a RS were to happen now we could talk about an up listing to a higher exchange also that would be realistic. We would be more attractive to an investor(s) and we could once again possibly see this at $50 or more in a year or so with sales etc...
This is JMHO and have no idea whether he will do one. I would do one if I were him. I also do not see how anyone could be mad at Mr. Kampa IF he did do one, it was not him who created the mess. The only thing you could do would be commend him for doing something that needed to be done years ago. The last PP Dillon did really killed us and it is because he did not have the contacts Mr. Kampa does. Dillon's contacts were the shareholders, Mr. Kampa knows investors.
JMHO and I have was not told this scenario by anyone special, just my thoughts and they are happy ones, lol.
That is right he did divest the oil wells and has followed through with everything thus far. Mr. Kampa had the holidays and many were not around. I am not bickering I am actually enjoying this because IMO some will be exposed soon enough to be speculating and guessing and have no idea what they are talking about, lol.
That's right I CANT, lol.
We shall see, maybe he will, maybe he will not, maybe the Tooth Fairy will invest, maybe I will, might be someone else though. Mr. Kampa guaranteed it so I believe it. IMO he is a very smart man and I wish Scott had him along time ago because I would have my island by now and not here debating your information that can change at anytime, lol.
Well I believe it is for Mr. Kampa to know and us to find out. Even if I knew I could not tell you because I did sign a NDA. So I can not even speculate at this point or give an opinion on what I believe will transpire. All I can say is IMO Mr. Kampa has it all covered. I can say he GUARANTEED funding and I believe him 100%.
I will say if you see me worried than you probably should also, JMHO. I also have not bought any shares nor have I sold any. I will be buying shares when I am allowed to.
How the heck did you think they would use the oil wells with no value, a PV10 from many years ago in exchange for 50 million shares and that payment due was going to trick anyone into buying this on a hype? I do not see where the hype could have come from! Helen Keller could have spotted that one. Who was left to hype it? Regan was gone, Sam was not in control of the company and Scott had the patents in his name. We were a empty shell company for a bit with no value of any kind and NOTHING to hype.