Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That is great and like I said Mr. Kampa will get the job done. He shoved the oil and gas deal back because he knew it was no good for us shareholders or the company.
Nice find buddy.
Exobox Rescinds Acquisition of Oil & Gas Assets
January 19, 2010 10:02 AM ET
GlobeNewswireAll GlobeNewswire news
HOUSTON, Jan. 19, 2010 (GLOBE NEWSWIRE) -- Exobox Technologies Corp. (OTCBB:EXBX) announced today that as part of its ongoing business focus it has rescinded its October 22, 2009, acquisition of 17 oil and gas wells located in Ohio and will focus on marketing its current security software products and the development of its Secure Environmentalization(TM) software.
This unwinding means Exobox will save almost 20,000,000 shares of common stock it would have had to issue under the agreement and it eliminates $4.5 million in debt. In addition, it removes the "cloud of confusion" as to what is the core focus of Exobox.
"While the October 22, 2009, transaction was the most expedient option at the time, I feel that Exobox is now poised to rededicate its efforts as a software development company and as such should focus on its capital raise for the development of our Secure Environmentalization(TM) software," said Exobox CEO Richard Kampa. "Given recent developments and interest in our technology, we made the decision to concentrate on our original goal of making Exobox a software company renowned worldwide."
About Exobox
Exobox Technologies Corp. develops information risk management and security solutions that help organizations protect and recover their most valuable information assets. It is committed to its vision to create a more secure environment for the information-centric community through the development of new technologies and security services. Exobox is headquartered in Houston, Texas. For more information on Exobox, visit www.exobox.com.
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding and others set forth in the Company's report on Form 10-K for fiscal year 2009 filed with the Securities and Exchange Commission.
I have none, zero, zilch, nada, lol.
Good question and I guess we will have to wait and see. Mr. Kampa has already made it clear that the oil deal must go as it is a distraction to the company. We will have to wait and see what those terms are for disposing of the oil wells.
Holy Cr@p look at that!
Wow, great find! Getting more exciting everyday. We are officially back from the abyss and on our way boy's and girl's and we have Mr. Kampa to thank for it all. I can not wait to see what they have for us next.
Look at Dis (DISNEY) and flip the cr@p out of it you can make a fortune off it. up 1 day down the next.
Shhhh you are to noisy
Hey dont refer to tv dinner as a dead cold fish!
Alright when are ya's coming back? I need stock picks for the new year, lol.
I hope all is well with you bud and Your Holidays were great.
Well I would stay away from it, the share structure has not been updated in almost 3 years, they are a PK, the AS is 700 million as of 2007 and it could be much larger, website does not seem like you can buy the product and since it is a non lethal light source it must be available to the public. MO is stay away, buy a gun instead. If you break into my house I really do not want to daze you with light but shoot you and ask you questions later :) JMHO.
Hmmm I might have to take a look at this one! You and I go way back and I know you know stocks and you always pick winner's, whats up with this one?
Eagle,
I am very sorry about your fathers passing. He was a great man I am sure. You, your family and your father are all in our prayers.
God Bless
Well all I have to say is if Sam posts just 1 "IT IS ON" I will drive to the office and... never mind, lol.
WOW, GREAT FIND LOOK AT THIS!
http://www.rsa.com/
That is if this is the same RSA Sam is talking about
Yep I usually say "UGH" on the phone when it is my wife, lol.
Like I said, "stand down soldier" and lets see what Mr. Kampa has for us. If I get worried I will let you know first, sick balls chopper, ROTFLMAO, good times ahead IMO.
Wow a background check? That's a little above and beyond! Next time ask first, I could have saved you some $$ by telling you that if he had priors he would not be the CEO of a publicly traded company! Nor would he have been involved in the health care industry as they ALL do background checks!
If I am correct I believe Mr. Kampa is just going to sell the oil wells off and be rid of it. The oil wells have a PV10 from many years ago and they could be worth more or possibly less. To extract the oil from those wells would require a substantial amount of money and Mr. Kampa mentioned the money would be better spent on EXBX products verses more delays in making the oil wells viable then using that money on EXBX, that would take IMO years. Hopefully Mr. Kampa is able to rid the oil wells from EXBX's possession so all the BS chatter from some about this will go away. Everyone thought the wells not only looked bad but was a bad fit for a software company and we all know Mr. Kampa thinks of it that way just like all of us. This was just another mishap from previous management that had no idea what he was doing. IMO if / when the wells are sold off it will show Mr. Kampa's sincerity and ability to get things done. It will also prove his credibility and that he is working hard behind the scenes trying to clean a few things up quickly before we can move forward. I still believe and think we will all be ecstatic the first quarter of this year and we are already 1 month into it.
Excellent post and worded perfectly. Scott is shy and is not a numbers guy, he is not in to fame. He needs someone with the experience to take that roll. Someone who can negotiate, run the company, deal with shareholders, deal with the employees, deal with outside influences in general. IMO Scott is not it and Mr. Kampa is. Dillon was about half of that and at least kept us going this long and now Mr. Kampa has picked up the ball.
AND YOU 2! LOL
Exactly and that's what I always liked about this. This stock is not like others it is a community based investment of friends, family and local businesses, some are outsiders like me but for the most part this stock is Texas.
Well I worked for a publicly traded bank and I can tell you 100% without a doubt I could have given a $h!T about the investors, because if I did my job and got paid, they got paid. I did not worry about the investors I was worried about my pocket.If my pocket was full so was theirs.
IMO it is just ridiculous to say Scott does not care about us, No @&^% Sherlock I never thought he did, heck I never talked to him prior to our meetings and I always liked him and I can say he probably could have given a rats @$$ about me. I ran banks and know we had employees I never met and had no feelings about them because I did not know them. However some knew me and either liked me or hated me and personally I did not care.
Hey rumple,
Let me explain it this way. I DO NOT WANT SCOTT TO LOVE ME, I WANT SCOTT TO LOVE EXBX! I INVESTED IN EXBX WHICH WAS CREATED BY SCOTT. I do not care if Scott is nice on a personal level or a mean person as long as he gets the job done. I have spoken to Scott and IMO he is nice and in the same respect I am sure he probably would / might say I am nice, however if I died tonight I am without a doubt sure he would not lose sleep over me. He might say that is a shame, he was nice, or whatever. If he died we would lose sleep over him because without Scott EXBX might not ever work out. This is life, this is how the world works. I am sure Scott cares deeply for his mom, brother, aunt, etc... So if Scott loves his mom, brother and aunt, he will IMO not disappoint them. I am invested in this also along with Scott's mom, brother and aunt. So if he lets me down he will also let them down and I am willing to go out on a limb here and say that is not going to happen. When I talked to Scott he did mention the above referenced and he did mention to me that he loved his brother, mother and aunt very much so. I also know for a fact Scott has gotten many close and personal friends in this and I am not one of them and I am also not offended by that because had it not been for this investment I would never have heard of Scott and he never would have heard about me. If Scott was as shady as you say I would think most if not all of his friends and family probably would not ever have invested no more than continued to buy over the years. I do not think the past circumstances are Scott's fault but others who just were not experienced like Mr. Kampa is. I am sure this why Scott has personally gotten involved to make sure all the Friends and family are taken care of this time verses leaving it up to others. Investing is not a personal thing it is "AN INVESTMENT" not a social gathering. I own ford and am willing to say I am sure the CEO of ford does not know me, care about me or like me because he does not know me and never will.
However when I talked to Scott he did keep mentioning the shareholders as a whole and he is pi$$ed about what has happened to them. He also mentioned that he has been handed loads and loads of sh!t from everyone near and dear. So IMO you are trying to mix a company matter with a personal matter and it does not work. If EXBX went to say $25 in 6 months I am certain Scott was not going to invite me and the board over to his house for a keg party. I would love Scott a long, long time ;) if he got this to $25 and I am almost certain he would not care. I am sure he will be very happy that we are happy as a whole but I am sure he will not single each and every investor out.
After talking to Scott and Mr. Kampa I can say that it is not just my opinion but a cold hard fact that they do care about us and will make this work.
I can also say for certain you know much less than you think you do. I guarantee it!
"naked shorts could cover there short position is just foolish"
I have to agree with you on that. The NSS will never cover and never have to. The company will go BK before they do that. 100% pure profit for them. Actually I wish I could NSS this, I would be rich also.
Hey rumple,
So much wrong with your post that I do not even know where to start. Of course they are in this for the money, what business owner is not? I do not see where they were a Nonprofit corporation! If they were not in this for the money they would have joined the Red Cross if they wanted to do volunteer work IMO. I am sure Scott did return those shares because he had to as it was in his best interest as well as ours. We ride on the coat tails of these guys as all investors in all publicly traded companies do. As far as dumping goes I do not see how they could, they have nothing left! Personally I hope Mr. kampa is a gator and eats everyone and everything in his path to make this work. About time we had a gator swimming in the canal verses the guppies we have had in the past, Mr. Kampa eat away.
Well I am glad I was able to have the video meeting with them and I was happy long before the January meeting. I was unable to attend it and the video meeting we had was a lot more informative and definitely more personal than the January meeting. I really have 100% confidence that Mr. Kampa and Scott are going to do this for us. Actually right now I have no doubt about it.
I agree 100%. The one thing I have always loved about this stock is the fact that Scott's own MOM and family are in this. He has gotten friends, community and friends of friends in this. IMO as with any business owner he wants to make money, who does not? Last time I checked that is usually why someone goes into business, to make money. IMO he wants to make all who invested and future investors RICH. He has finally said enough with allowing delays and has not only personally now gotten involved but has Mr. Kampa involved also. Many met Mr. Kampa and have been reassured like myself that he IS going to get this fixed, up and running sooner than later as some think. I am sure Mr. Kampa and Scott have been having many meetings as of lately and things are moving along smoothly.
Where have you been? Scott only has about 5 million shares left he and Reggie gave back about 60 million each +/-.
LOL, I wish I had said that before we hung up.
Yeah it is of concern but I think Kampa is going to do something wonderful soon for all of us that will ease our minds. I am still on the fence but I am faithful to my beliefs he is going to make us all happy. As much as I am down right now I really feel good.
I have to agree 100% on you with that. I also believe Mr. Kampa is working on getting that first funding so they can start up with OSR again. I never noticed that, EXBX is listed as a customer of OSR on the OSR website.
http://www.osr.com/clients.html
Well again I did sign an NDA for that meeting I had with Mr. Kampa and all so I can not say what I saw one way or the other, but I would have to say that I can say that IMO the AV is without a doubt real, why can I say that you ask? Because they have made it very clear to us all that they need to code it and no one can code a patent or theory, so without getting into trouble I can say the AV has to be real ;) and I will now let this issue rest before Mr. Kampa calls me and not by accident, lol.
This is a funny story. I got a BlackBerry that personally I hate and should have gotten the IPHONE. The BlackBerry has this little scrolling ball in the center that just S..ks. Anyway I am out with my daughter in the car and drop her off at dance. So on my way home I go to call my wife and hit speed dial, I heard an answer and I said "hi honey" and I heard "look josh I like you but not that much", I say "uhhh who is this", the voice says "it is Dick Kampa", I wanted to die. I apologized and explained and he was laughing so hard it took him about 2 minutes to stop laughing at me, Talk about embarrassment. Anyway to my point, I really have no idea what was going on but I can say that I heard a lot of people in the background and Mr. Kampa sounded very excited. I heard a lot of commotion and many sounded excited. This was the best and most embarrassing mistake I have ever made. I hope we get something soon, Mr. Kampa's excitement is exciting me and I have no idea why I am excited, lol.
Please for my sanity Mr. Kampa tell me why I am excited, I need cigarettes and coffee now.
Oh no, now I have to go actually watch the videos now. I always wondered what someone looked like after years of Scotch and Root Beer, I bet it aint pretty :P lol
Ohh thank GOD! I was really concerned that was it , lol.
Exactly and I agree 100% . The meeting was just that satisfactory and nothing to write home about. That video though was a waste of storage space on a server somewhere in the world though, they should probably delete it and save the megabyte or two it is taking up, lol. I also agree with your time line, IMO they have at best another 4 to 6 months if that, before this becomes a dead issue again. I still have faith in Mr. Kampa though and really hope he can somehow pull this off. After what past management has done I think it will be very hard for anyone to just throw money at this anymore off of faith. Thats why we need to start seeing the proof.
LOL, no one should get banned for that either. Anyone can state opinions. The only thing IHUB does not allow is stating opinions about other posters. See you might see white and I might see black, we state why we see it that way, I might see it your, you might see it mine or we keep our opinions, those that read the board can at least view the different opinions and draw their own opinion.
Well here is a link to the video, not very long is it?
I agree 100% with the no more getting litigous. I do not think someone should be banned for a question or personal opinion though.
I do not believe a legal action would work out for shareholders anyway and this is JUST MY OPINION and I am NOT a legal expert by any means, JMHO.
The shareholders would try to make the case that the money they gave the company was earmarked for coding of the AV and Dillon went and spent it on back pay and offices they did not need or could afford. I am sure somewhere in those PP brochures it has disclaimers in them out the wazoo that says he could use the $$ raised for anything they wanted. I never saw one so I am assuming it says that. The EOY and Quarterly reports are full of "SAFE HARBOR STATEMENTS" that are to protect their butts. Actually somewhere in them it says something to the effect of they have serious issues with record keeping and accuracy and has stated so every year. They have told everyone that they doubt they can go on and succeed. I believe it also says they have never produced a revenue and the possibility of ever generating a revenue is doubtful depending on many other factors. All the shares given out are in repayment of loans and to pay companies that services were required from and they had no money to pay so shares were given. I am sure Dillon and all would have to sit on the stand and explain everything they did and why, but at the end of the day they would be able to hold up the reports, smile and say "HEY we told you this and disclosed it to you". Now some have said that the company has no value and some say it does and the DLP / DLD, AV, Patents and all have got to be worth something. So at the end of the day 2 attorneys would need to convince a Jury of 12 that they are right and the other side is wrong. IMO it would not work out for the shareholders in the end, again this is just my opinion and really have no idea how it would turn out.
I do believe and am very hopeful Kampa can do this for us. IMO either he can do something and soon or at least for me it is over. I also do not believe EXBX can go on for another year or 2 like this with excuses, missed goals, etc... and all the behind the scenes rumors we have all been told for years that none of which have ever come true. So I do believe Kampa will do this for us and I am hoping it is within the next several weeks. After D-DAY many are still on the fence and still not trusting enough. Actions speak louder than words and I am waiting to see the PR's and 8k's.
COME ON MR. KAMPA, SHOW US WHAT YOU GOT, MANY HERE STILL BELIEVE.