Agreed,

My post was just a response to an incorrect claim that EXBX went to .08 then saw 10M shares dumped that killed the run. Supposedly this claim transpired during the oil aquisition...check post 32093. I never saw this happen.

Take Care,
Bandit

Downward plunge????????????

The PPS averaged around .03 for 3-4 months after the share price spike from the Oil Well PR's. It went sub- penny when Kampa left. Get your facts straight.

I don't get you w/ the 10M shares dumped.

I didn't say that, those are your words. Please do not pawn your incorrect statements on me. Investment 101 is sell high, buy low..........when a PR comes out that spikes the PPS, I hope a lot of people sell & make a profit then buy back in on the pull back.

You said PPS went to .08, 10 million shares dumped killing the run, PPM holders @ a 90% loss if they sold @ .08

Wrong, Wrong, & Wrong

I am not sure where you get your figures, you may need to check again.

When the LOI PR for the oil wells was released Exobox saw 10M+ volume w/ a high of .052 PPS. When the LOI was official Exobox saw 10M+ volume w/ a high of .069.

Exobox never saw .08 during that time & there was not a 10 Million share dump killing a run. Those PR's spiked the share price accordingly. The share price hovered around .03 3-4 months after the oil PR's.

Hypothetically, if the share price went to .08 (which it did not) & my family sold every PPM share for .08 they would have near a 12.5 % profit. They have 5 PPM's & 5 Warrants.

Not sure where you get .08, run killing dump, & 90% loss for PPM shares sold @ .08????

I have a good idea where the money went,

It is not really that big of a mystery. Exobox put the cart in front of the horse. It boggles my mind what people think a class action lawsuit is going to get them. Exobox was counting on funding, but the mistake was creating an astronomical burn rate that far exceeded money coming in.

For example: Super Salaries, Lavish Offices, Coding ExoDetect & ExoWatch, Opereating Expenses, Creditors, Etc. Etc.

The burn rate at one point in time was over $300K a month. That is $300,000+ per month. Everything was audited, everything was reported. IMO, no one is going to find anything illegal. The way Exobox spent its cash vs. cash coming in is where all the money went. Un-ethical maybe, Illegal doubtful.

You are wrong again....

At least w/ my position, .03PPS gets me even. .07PPS gets my family even. I would say you are way off by $9.93 - $9.97 in our respects & we have millions of shares, not to mention we have been invested since 2003.

It is sad to say that scenario is likely. On a high note an IBS Broker said Exobox will receive recognition on Wall Street as the catalyst that boosted Kampa's company.....if everything plays out correctly.

That means New Money

In due time all of your questions will be answered. CutAbove along w/ myself are looking forward to seeing you at the upcoming shareholders meeting. I have heard this will be an "Official Shareholders Meeting," but don't hold me to it. I also heard it will take place between now & the end of the year....no date as of yet.

Oh yeah, Mr. Dillon & Mr. Skipper will be there to

That seems typical,

I hope you are wrong, but I have this inkling feeling that you are not. I'll call you in a bit.

The last plan I heard from Scott was the Suez Tech can be coded in increments w/ a product coded, gone to beta, released to market.

The time frame to code, beta test, & market one product would be around 3-4 months.

We should see a PR:
When coding begins
When beta testing begins
When 1st product is finished & goes to market

Then on to increment/product #2: rinse & repeat

I believe there is around 7 major increments/products of the coding process, maybe more.

You should also see the theoretical rise in PPS after each PR.

That is roughly the plan that I heard a while back.

BINGO, Somebody get a Krang a steak dinner.

If & When future ground-breaking, earth-shattering, planet-moving technology, services, ideas, inventions, etc. come out of Exobox. They will solely be Exobox's.

The SUEZ Tech will be Exobox's lifeblood pumping a 3% gross revenue stream. Scott's top priority is to get the SUEZ Tech coded ASAP. It will not take 3 years either.

According to the LOI, It seems that Kampa & Crew will have an exclusive, perpetual licensing arrangement. To me that means no other company will be able to license the technology & there is no expiration date for the license arrangement, hence (exclusive & perpetual)

I guess one could say that you might has well just sold the assetts off, but that is not how the language reads in the LOI.

Exobox has released public information that it is moving forward. There will be a 3% gross revenue stream. The news is titilating vs. receiving news Exobox is filing for bankrupcy. Excessive baggage will be dealt with. The preverbial cleaning of slate.

I predict a departure from sub-penny land very soon.

You do realize that this is a new agreement and not the loss of the technology through default?

Absolutely, I am extremely happy about that

You do realize that the liens everyone wants to talk about brought in money to keep The Box Job afloat?

Absolutely, the lien money paid a lot of salaries & some necessities (creditors) w/ just a little bit left over. Also, don't forget about the additional 25K that was raised to file the last Q

You do realize that Kampa only had $44K on that lien?

Absolutely, Back Salary Owed

You do realize that Worst, Van Ryder, Wittenburg and others were on the liens?

Absolutely, I am the one that told you about these people. I even remember telling you who the mystery lienholder was. Check out my post#30934

You do realise that this sale was executed before the lien went into default?

Absolutely, & just in the knick of time.

I realize that a .03pps I am even, I also realize that a .38pps will get me into the liquid millionaires club.

I realize if Kampa & Crew make a gross income in the billions that Exobox will get 30 Million off the top of every billion.

I realize Wall Street will recognize Exobox as the catalyst of Kampa & Crew's success which will bring in new money.

I realize Braden's gut might be on to something.

I realize that a certain poster's lawsuit no longer holds any merit.

I realize a lot of things that I would like to share w/ people on this board, but I do not out of fear of getting into trouble or getting a phone call from Cut.

Most importantly, I have just realized that I am feeling better about Exobox again.

I have been working on other projects, I had to give Exobox a rest because it was becoming unhealthy for me.

I have to say 3% at first glance just pissed me off. Now I have a better understanding of what is going on. Since my post yesterday a few people close to Exobox enlightened me. I am now in the understanding that Kampa may have his hands tied by his money people. Meaning, they were calling the shots on the LOI.

I understand that the money people were not wanting to give Exobox a perpetual licensing agreement & that they wanted it to end after 2 years. Also, the money people did not want to give Exobox a gross royalty stream of 3%. I am in the understanding that a company in the same situation as Exobox doing the same kind of deal would be lucky to get the industry standard royalty stream of around 7% Net which is worse than 3% Gross.

In summary, Exobox got the best deal possible considering being on the brink of Bankrupcy. 3% Gross off the top once coding is finished & products start to sell is Good News!. Once royalties start coming in, so will new money. I can wait longer....I have an 8th degree black belt in waiting.

Take Care,
Bandit

I am not so sure about Kampa & trust,

He came on board w/ Exobox & achieved nothing but an agreement to have 100% of Exobox's assetts liened on & moved "licensed" out.

This agreement: was brokered by him, he is one of the lienholders, he used his back salary owed by Exobox to him to secure his name on the lien.

He did that while he was CEO of Exobox & while he was Supposed to be looking out for the best interest of the shareholders. IMO, what he did has very questionable validity & legality. He did not have D&O Insurance.

IMO, Kampa & his money people know this so they agreed to a "3% Perpetual Licensing Arrangement." Otherwise, Exobox may have tied them up in court for years.

I guess my point is I do not trust Kampa. This technology has gone from one greedy batch of people into a new greedy batch of people. 3% WooHoo

Could not agree w/ you more,


I am trying to look for the upside & the silver lining. 3% is better than Bunkrupcy. I was kind of hoping for at least 10%.

The silver lining is Exobox's baggage will now get taken care of. Exobox is not dead.....it is picking itself up off the floor to try again.

Good Afternoon MuskRat,


On your #1....ExoBox Technologies is still seeking some way/some how to get some money. There are plans & ideas being negotiated but I will not go into detail.

IMO, no one is budging on lawsuits or the liens

On your #2....You are almost 100% correct. You are correct that the damage was done long before the negative sentiments but, in order to repair said damage the continual negative sentiments on all boards relating to Exobox Technologies severely impeded that repair. IMO, the downturn for this company was when the engagement for OSR to code the SUEZ Technology was broken off. The CEO at the time decided to code in house & hired Liebowitz/Ernst to do it. Come to find out the SUEZ Tech was over their heads. The company switched gears & lot of the money went to code ExoDetect/ExoWatch which everyone knows not a whole lot of bacon was brought home by these products. Then you have the golden parachutes & monstrous salaries, lawsuits. Unbridled Greed

Something needs to happen between now & September...Time is almost up.

Good Morning Exoboxers

I have been on vacation/honeymoon, playing catch-up on the posts. Lots of legal issues going around that I can see.

My magic 8-ball says,


Probably after the changing of the guard & the liens are taken care of.

You may have read it wrong,


My post 30148 was not saying Exobox is going bankrupt. The discussion was If Exobox went bankrupt a lender w/ an interest bearing note would be near the top of the liquidation hiearchy as an unsecured creditor.

Who said anything about the company going bankrupt?????

Agreed,


IMO some major changes may be underway for the better

Not really a news flash as I already knew,

I only stated in post 30148 that the attorney was hired so the company could protect itself. I did not speak of Mr. Griffith or a shareholder revolt.

I do not know the details, but I believe the attorney was hired to deal w/ issues of a certain CEO who was working against the company & not leading it. Also, the attorney was hired to address issues w/ certain SEC violations.

Sweet I can imagine,


The 25K funding recently secured by Exobox did go pretty quick. The Q & K, and Willie Briscoe attorney fee took up nearly all of it. It would have been nice to have some of the 25K stored in the company's bank account rather than having to retain an attorney to protect itself.

You sure are hung up on the 25K investor. I bet the contract for the 25K was for interest bearing/convertible note. If opted for interest bearing & Exobox goes bankrupt well that puts this investor near the top of the liquidation hierachy (I believe it is an Unsecured Creditor). If Exobox turns itself around & conversion on the note is opted for....well that might be just nice to. Either way to me, it looks like the investor got a win/win on this one.

The PR's,


"I was also made aware by Mgmt. that they will strive for transparency w/ 2 PR Announcements Per Week. IMO, shareholders would be happy w/ 1 every two weeks w/ the way things have been going lately. Nonetheless, if Exobox can get two out a week that would be fantastic, but if they can get 1 per week that would be great to. Mgmt. stated PR Announcements will be coming soon, probably Monday."

Mgmt. never promised me anything & they never said when they were starting these PR's. I was relaying the information I received from mgmt. to this board exactly how I received it.

Hopefully they start soon

The crude working prototype,


Read my post #29946

I believe this demonstration was for Homeland Security & N.I.S.T. Someone correct me, but I know N.I.S.T. for sure. I did see the laptop back when Scott lived in Pasadena. There is a sticky at the top of this forum w/ layman term descriptions of all the things this technology can do. The verification white papers were written by OSR.

IMO, the company took a turn south when Dillon broke off the coding engagement w/ OSR. I believe he was going to try to do the coding in house w/ Ted Ernst & Gary Liebowitz. The SUEZ coding never came to fruition so gears were switched to the SAAS products. In the meantime the astronomical burn rate of company capital caught up in Oct. 2009. For almost a year now the company has been in turmoil.

The SUEZ Technology needs to be coded first so it can hit the market. IMO, if they can get the 1st couple of products coded tested & marketed then we will really be getting somewhere. Exobox is in damage control mode right now. Once they finish righting the ship I believe PPS will start to rise, funding comes & then coding begins.

Have you seen the proceed sheet?,


$25,000 (Subtract)

10Q / 8K / Willie Briscoe retainer fee

Equals not a whole lot of money left over to take for anyone.

I am very glad that money went to take care of company priority business. If Mr. Griffith had a hand in revising the distribution of proceeds to better serve the company's interest then I extend him my wholehearted thanks. I would much rather see any dollar/cent be spent on company priority business & not go into someone's pocket. You & I are in total agreement on that one.

I am not saying that I am or that I am not,


For the sake of the debate though, If I was the mystery 25K investor that helped the company get the Q filed. What kind of beef do you or any other investor have w/ it. More importantly, what is the point of your debate & accusation?

I personnaly am glad someone stepped up to help the company succeed. The company would have de-listed if the Q was not filed. IMO, more people need to step up & move the company forward.

As a follow up,


I do not play both sides of anything. I invested in this company on my own decision. The basis of my decision was that the world needs the SUEZ Tech. My friend Mr. Copeland included me in on his & Reggie's creation from the beginning.

Wherever the Suez Technology goes my family & myself are right on its heels. Wherever the SUEZ Technology is, you will find my friend Scott Copeland. If Scott teamed up w/ Sam Skipper by happenstance then there I am, right there w/ what I have got my money on. I want to be on the winning team, especially when money is involved. You see I want what is best for my family & friends. Fellow shareholders come in a close second behind that.

In short, I play on the Scott Copeland SUEZ Technology team

Here is what I find funny,


You accuse me & CutAbove of having inside information when you state on a public forum:

Post #30939

"a friend of mine was meeting with Floyd at the time you were negotiating terms and your name was released as the person who was giving the 25k! I could release the name if you like and you could tell me if it was you?"

IMO, If an affiliate/insider of Exobox released names of people involved w/ official Exobox business negotiations that were not released publicly, then that may constitute an issue of questionable legality. Furthermore, Ex-CEO's are still considered insiders for a cool down period somewhere around 90 days.

Cutabove & myself Do Not have inside information. If we did have inside information we are intelligent enough not to post it on a public forum.

You still don't get it...


Investors were not going to drop 5,000,0000 all at one time.


INCREMENTS


A little money = coding on 1st product PR = share price increase = 1st product completed PR = share price increase = Beta Testing 1st product PR = share price increase

Investors release a little more money = coding on 2nd product PR = share price increase = 2nd product completed PR = share price increase = Beta Testing 2nd product PR = share price increase

Rinse Repeat, So on & so Forth

5,000,0000 for 30% of Exobox was the estimated projection once the funding process completed.

You should know c'mon gimme a break,


What happened to the Olive Branch..........LMFAO

Oh & I found out who the Mystery Lienholder is.

You will love this one, it is your buddy you sing such high praise of Sam Van Ryder.

Call him you got his number to, I bet

You do have one heck of a theory there,


I was invested in Exobox long before you ever even heard of it. I had a preferred adjustible stock certificate around 37,000 shares before the company went public. There were three original board members Metts, Pernia, Wittenburg and thats it. There were no investors, but guess who the first one was. I was one of the original Rah Rah's.

I will refer you to my post #30490.

I have already explained my position on Skipper.

I personally owe whoever invested the $25,000 a great big thank you, because if it wasn't for this person Exobox would have been delisted.

Thank You Mystery 25K Investor

What is your point?


10,950,932 Total Volume for the trade day of Oct.16 2009

All day range of .04 - .052

Open @ .049 and Close @.05

These are trades for the whole day and they are not all buys

Hypothetically, let's just say that one investor did all the buying at the Oct. 16, 2009 daily high of .052

10,950,932 which is around 2.38% of the company @ .052 per share comes to $569,448.46

It would take 12.6 more trade days like that one to reach 30% ownership of Exobox. Total cost would be $7,175,050.60

In reality if one investor had 5 Million Dollars & started buying just Exobox stock on the open market it would take a very long time to aquire 30% of the company without driving the share price.

Also, I appreciate you catching my typos. Those suckers happen from time to time. It humbles me to know you are really paying attention to my posts. Thanks again

Attorney/Client Confidentiality,


I was not aware that you & Willie Briscoe have regular conversations about every detail of why he was retained. Looks to me like a breach of Attorney/Client privelidge. I wonder if he knows that he can get disbarred for doing something like that.

I am willing to bet that he does.

I am also willing to bet if you truly spoke w/ him that he did not detail anything to you.

You should know all about attorneys by now.

A certain poster has been sued by 2 people so far

Do you know that a certain poster that was sued, stood in front of a judge and when asked if his alias on IHUB was such & such, the reply was I am not that person.

I wonder if that poster knows the parameters of perjury in U.S. Courts. I wonder if that poster knows that their emails, phone records, etc. will be subpoenaed.

I wonder if that poster knows more suits might be coming from more people that he does not know about yet.

Yes I do & your math is wrong,


Funding was not going to happen w/ 5 Million dollars all at once. Noone provides funding that way. The investors would fund a little bit of money for a little bit of stock.

That money would provide for coding, the stock price goes up, investors release more money, the company releases more stock to them, beta-testing on the first product begins, the stock price goes up, investors release more money, the company releases more stock to them, coding on the second product begins, the stock price goes up, investors release more money......Rinse & Repeat.
The estimated portion of the company being released as stock to the investors once 5 Million dollars was received was 30%. Funding was to transpire Incrementally not all at once.

You cannot take 5 million dollars & dump it on the open market all at once w/o making the stock price increase. Once MM's know they got a big fish on the line they will run the price up on your A$$. It would take a long time to buy 81% of Exobox on the open market if 81% was even available.

What math are you talking about?

Can you explain in detail?

Wow! Your joking right


You stated:

"Why do you attack him so?

He is gone.

Do you need to beat him down to make some one else look good?

I just can not see anything productive coming from beating up on ex CEOs, and we have quite a list of ex CEOs, almost one per year."


He needs to be beat down for not pursuing a $5,000,000 Funding Deal
It is his name on the liens isn't it.
He was the CEO that brokered the liens, I could care less about the other CEO's

Are you even invested?
I don't think you are
What a joke

Agreed,


I'll see if I can get a breakdown of where the lien money went in the form of documentation & if it would be OK to post. I know for a fact that none of the lien money went to the Q & K though. I have seen the proceed sheet for the Q & K.


You still didn't answer the question though.

-Why the defense on Kampa???
-Do you understand he could have funded the company your invested in, but opted to lien on the technology w/ his name on the lien???

I do not see the difference,


I am not speculating, If you read in my post #30908 I stated:

"All the above was revealed by Mgmt."

Which brings me back to Why do you continue to defend Kampa?

-He could have funded Exobox $5,000,000
-The term sheet for this deal was shown as proof to at least 50 people.
-He put his name on 100% of Exobox's Assets (SUEZ, SAAS, Everything)
-It appears he had people go in on the lien w/ him to make it look all legal like.
-Now these people are bailing out of this lien which is now making it look real fishy.

I know that some of these people were not aware that a $5,000,000 funding deal was passed up in order to lien on the technology. Otherwise, they would have never signed their name to the lien. That means these people were lied to.

This is something of SEVERE questionable legality.

IMO, Exobox has been brought to its knees because of this

Can you please explain why the continual defense for Kampa?