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Thanks for your information. I simply misread what you were saying. Upwards and onwards.
That was my understanding too, but if you read post 24996, it seems that Mr. Bandit is suggesting that they will somehow be compensated for them...at some point in the future? Or... am I misreading what he wrote? I understood that those 150 million shares would be put "back on the shelf"... unissued... and that the O/G people would have the opportunity to exercise various warrants to secure up to 9.9% of the company when those warrants were exercised.... So, I am confused ... at what I Mr. Bandit wrote.
Thanks for all the info...
Do you know if I was mistaken in understanding that there was a last minute large contract for services in the works when the doors were closed? I remember reading that EXBX management didn't accept this alleged contract since they knew that the future of the company's operations was in critical condition at the time... and they didn't want to accept new business knowing that it might not be serviced.
Also... HOW are the people returning the 150 million shares going to be compensated at .20 a share for the shares being returned to the company? I understood that those shares were simply going to be unissued shares.
I think it is quite possible that you are entirely right... Have no idea if that is the case, but it wouldn't surprise me one bit!
My understanding is/was.... that on the very day the doors were shut..... A very significant contract was on the verge of being signed.... which would have made EXBX if not self supporting or cash flow positive... much much closer to that goal. Does anyone else recall anything about that?
I'm sure there isn't a lot of cash laying around... but I DO feel that if the sales effort makes even rather modest gains... we should be able to be cash flow positive in a very short amount of time. This is all my speculation.... based on what the previous management was saying at a time when I am sure.... the burn rate was much higher than it is now.
Got a good laugh out of that! Clearly you don't like that idea either.... I think Mr. Owl... needs to rethink his endorsement of that approach but good.
I can't disagree more with you on this. I would much prefer the company, at this point, to have an iron fist on using any shares in lieu of payment. The whole point of acquiring the O/G wells was to have a revenue stream AND assetts that could be used to obtain financing INSTEAD of diluting shares. That AND the return of 150 MILLION shares (still want to know who gave up exactly how many shares and under what conditions) is what NEEDED to happen to make this a viable concern.
Now you are advocating having a cottage industry approach to sales? As I said earlier... I Can't disagree with you more... on ALL of what you just wrote... other than the possibility that Sam isn't comfortable with the stability of EXBX. Personally... I think the company is in the best position/condition it has EVER been in. They actually have 2 products on the market.... Much lower burn rate (I am assuming, but I'm sure this is the case)... An active supplementary income stream.... AND about 1/3 less dilution....
"At home consultants"???.... NO WAY. I think that is absolutely WRONG. We need full time inspired and motivated people in the sales effort. Compensation based on performance would be even better!
Anybody know anything more about this? Sounds like Sam might be split between two jobs... IF so.... this is not a good thing for EXBX.
Can't IPO. IPO stands for Initial Public Offering. Exobox Energy is a wholly owned subsidiary of Exobox Technologies... which means that Exobox Technologies owns all of Exobox Energy's income and assetts...
It Says...
Current Employees (3 total)
Ted Ernst, Chief Technology Officer
Don Baird, Sr VP Sales
Samuel Van Ryder, Data protection advocate and Sales Leader
Interesting... yes?
Makes me wonder When this was done. The fact that it lists 3 employees got my attention. No mention of James Meredith... or Richard J. Kampa...
Thanks... I figured as much... but I hadn't heard of the other two entities..
Now... here's something more recent.
http://www.linkedin.com/companies/exobox-technologies-corp.
Says Exobox has 3 employees... Guess who is listed as chief technical officer.... I DARE ya! I'm wondering just how accurate THIS might be.
Very interesting read here... Although... I am totally at a loss as to when it was written... AND...the references to Kills, Inc. and Jinpin,Inc. Can anyone shed any light on those?
http://www.answers.com/topic/exobox-technologies-corp
I think that we clearly need someone with credentials at least comparable to Ted's to take on that position. It would be in all our best interests if Ted were to come back on board... and I'm sure that has at least been discussed. However, none of us have any idea how things ended when the money ran out.... And it may or may not be possible to put that back together. I was glad to see Sam come back... and I don't think it will be long until we start to see some positive sales results.
There has been a lot of discussion and rumor about the Exobox AV solution.... and I suspect that this might be the direction we will be headed in... again. First...I think we need Ted or his replacement to get on board... and then we could start moving in that direction. At least that is what I'd like to see.
Rocketman..... clearly you are mistaken about there never being an "E" attached to the EXBX symbol. They most definitely HAVE had an"E" attached to it. This happened when the last filings were due and were late. It went away after the late filings were accepted. Clearly you missed that, but it HAS happened at LEAST once that I have seen.
I expect things to improve a LOT in the next few months, so don't get me confused with someone who wants to see this fail. I also feel that EXBX is probably in the best shape financially that it has EVER been....BUT they have a LOT to do to make this all work.
You might need to knock hard.... so they can hear you waaay in the back! Thanks for doing this... It will be interesting for all of us to hear what you discover.
Hey zzzzzzzzaaaapppppppppp.... why don't you take a trip over to the EXBX offices and see if anyone is there... (and IF they ARE in fact doing anything).
The very first time I saw the EXOBOX website I was rather taken aback at the rather pretensious office space that they are renting.
I read somewhere that the landlord is NOT interested in letting EXBX out of their lease... so I guess we're stuck with it And...I suspect that it is rather lonely there.
HOPEFULLY.... the dynamic EXBX duo are not spending their time vacuuming and cleaning....
I wonder when we will get some kind of update on the state of business affairs there. It shouldn't be too long until they can at least revive the present clients.... and possibly add some new ones.
With all the interest in resurrecting this stock from the brink of doom... and all the talk of going to a better exchange... I very seriously doubt that this will be delisted. Too much at stake, especially for those who are involved in the O/G deal.
Tim Lee is listed on the Exobox web page as being the person to contact for investor relations. I spoke with Tim and he told me that he is not presently handling Investor Relations for EXBX. When the money ran out, it looks like EVERYBODY was let go... So, I guess that there really are only the 2 News Released employees working for Exobox at the moment. Talk about cutting down your overhead!
Lurk on. I was just asking questions. Creating no illusions. No smoke... no mirrors. I am not satisfied to only rely on the company for information. Several people on here have posted relevant information on a variety of topics that was at the very least.. of interest.
I was talking about Sam VanRyder. I got NO hints about anything from him. And with regards to the SEC... It doesn't matter WHO they are talking, texting, posting, or tweeting to... they need to maintain the same standards. On the other hand...are you suggesting that Mozy works for EXBX?
So... just asking someone what they meant in a post means that they should be blocked? And.... if that person also happens to be a stockholder they have even more reason to be blocked? And...it wouldn't matter much if he tweeted relevant company information inadvertantly to Non-stockholders?
A la My Cousin Vinny... Does your arguement hold water? In that same vein... I could use a good ass kicking, but I think I'll just take the $200.00
You "tweeted" that it appears that EXBX is persuing the AV solution. Can you tell us what has convinced you that this is in the works?
And... what most of us are saying is... that it is a SIMPLE call.. to say that they BETTER remain listed OTC... or we're headed for a MONSTROUS setback.
Since they have even mentioned a planned move to a more "adult" exchange, I would be very surprised to see them NOT file and maintain OTC status. I know that it was quite an ordeal to become fully reporting AND listed on this exchange.... and there is a perceived lower value for being listed on the pink sheets as well. My feeling is that it would be a huge mistake to not keep current And listed on the OTC exchange.
Well.. actually what happened was he posted a tweet... that said... "It's on"! and I responded asking WHAT might be on... pants on fire.... Game On in actually selling some EXBX services... etc... and he apparently felt that as a EXBX employee... and me being a stockholder... somehow this relationship was intruding into his personal space... go figure. There was mention of things he might say being misinterpreted... Whatever.
Then don't TWEET something that CAN Be misinterpreted... it's a wide open venue. I didn't take it as he was doing anything unprofessional by tweeting, but I did take it as somewhat juvenile to not be accountable and open to question.
Hey.. ask Sam if "It's On"! Be careful, though... he had posted that a few months ago and I asked him about it.... and then got blocked.
I would have been VERY surprised NOT to see this happen. In fact... if it DIDN'T... I WOULD be worried!
Interesting trading today...
712,000 buys to 13,000 sells.
With MORE pressure all it CAN do is go up!
Wait a minute.. this IS EXBX... the laws of gravity are suspended when it comes to this stock... so maybe I'm WRONG!
I KNEW that as soon as I posted this... there'd be more sells!
I'd have to agree with you. It seems that the retrace back to .04 was tested and the less than thrilling news.... was/is enough to at least let us know that management v3.0 is putting the machine back together. I think that it IS reassuring to have people who were inadvertantly treated poorly... (not paid) be interested in returning. It suggests to me that they have a strong belief in the company AND the software (or they couldn't find anything better! I think not).
In any case.... I think investors are guardedly optimistic about the future of EXBX. I think we'll see more growth in the SP as the marketing effort gets restarted....
IF/WHEN a significant contract can be announced... we should see a big pop in the SP. I would love this to happen sooner than later, but I agree that WITHOUT such news... next week will overall be a slow growth... up to possibly .07 or even .08 tops.
WITH good news... who knows?
OK... great swami... What's your prediction for today's close? You sure nailed yesterday!!!
Hey... while you're at it..... How about all next week????
This is the first mention that I have seen regarding the Government giving EXBX any money. Can you direct me to where you learned of this?
Is there anyone else on here who has even heard about the possibility of EXBX having and or developing software that could locate pirated software? My understanding is that it would be able to discover computers (here or anywhere on the net) that were using or downloading/uploading pirated programs or movies/music.
Dunno.... but does anyone else know?
Perhaps the problem here is with some of our assumptions.
I wonder if what they claimed that the AV software would be...will turn out to be what it is... or could be. I never saw what the claims were in the first place... So I am at a loss to even comment.
We don't know what kind of development time/costs would be incurred to do so.
I had heard/read somewhere... that one of the things that some of the yet to be developed software would/could do... would make pirated software/movies a thing of the past. THIS would be worth untold kazillions to people like Microsoft and Sony and all the other household names in software/movies. And yet... I haven't seen anything about this type of software come from EXBX...... so, perhaps we need some clarification from EXBX v3.0 as to precisely what direction we will be headed in... and WHAT the software is expected to be capable of....
I can't wait to see the filings that show the return of the 150 milion shares.... and also how many shares and what percentage of the company.... the largest shareholders still own.
I wonder how this "original mission" is to be interpreted. It could simply mean returning to security software in all its varieties... I was not around for the earlier days when the AV push was on.... So I don't know much about what was said or done. However... I think we all need to keep an open mmind on what product(s) are in our best interests.... From my understanding everybody and their uncle makes an AV software solution. I'd rather be in the position of being the ONLY one doing something really needed. The data leaking stuff fascinates me... as I do believe that this is going to continue to be a growing need.
I'm not against going in other directions by any means (such as back to an originally planned AV solution)... I just think that we need to be open minded about what is in our best interests.. that's all.
Looks like you read it this morning...! Egads, you called that one but GOOD!
Actually... oftentimes it doesn't smell bad at all... Like when EVERYBODY wants a stock that you own! A LOT of people wanted some EXBX Monday... but when the SP didn't keep running up... some decided to get out and take their profits. At least that's what I think.
I'm expecting to see a lot more interest in this stock as we get the business back up and running.
Stock prices are not determined by ANYTHING other than what someone is willing to pay for them. It sounds as if you are expecting the market makers to make some calculations and change what they're asking and bidding for shares if the number of available shares changes.
They simply establish market prices by supply and demand. Or... by manipulation...(which isn't legal) but it has nothing to do with what you're talking about.
Well... I'd look at it this way... Didn't you change your opinion of EXBX's financial future as soon as you heard about the shares to be returned? Or...more likely as soon as they concluded the O/G deal and the share return became a fait accompli? The deal with stock is like anything else... It's only worth what someone is willing to pay for it... NOT what they say it's worth.