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Welcome QASharp as a new moderator! This should be a lot of fun.
Look at all the entertainment you get for your money. You couldnt have this much fun that has lasted this long wasting your money on a vacation or something. The story of this stock would make an interesting book or movie. And it ain't over yet!
Come on everybody, be a moderator. It'll be fun! I just did, you can too. Your right Laser, if they let me be one, they'll let anyone.
Ndebt, I know what you mean. I feel like I need a shower sometimes after dealing with all of this.
This tactic has been tried before to intimidate users on the IHub before. It didn't work. IHub fights very hard to keep user id's private. I'm not saying it's not possible, but it is the anonymous nature of the board s that lets people express their OPINIONS.
AIMO
I think we should all apply as moderators. That way we can all help take care of the board :)
Notsomuch, why a sudden interest about lying to a judge? What brought this up?
You still haven't addressed the issue- How many shares of exbx will there be left over after the split? I also see the lawsuit in Nev. is a personal injury suit. Really? Don't forget to put in the lawsuit that whoever is hurting is because they tried to do the merger without shareholder votes as required by the by-laws. Do you work in the Obama Admin.? This case has no merit and will fail once the facts are known. The spin that is going out isn't vey convincing.
All in my opinion
ADVFN, I couldn't reply to your message, but you still haven't explained how a reverse split with a company with no revenue can acquire shares in a company without paying any money. Are they just going to give us shares for free? Your statement about reconfigured shares again, makes no sense. I won't have 2000 shares after a reverse split. At 1/2000 REVERSE Split, I will only have ONE share. And there won't be 500 million "authorized" shares either, it will only be 250,000 "authorized" shares. Jack, your logic makes no sense. Good night all.
All in my opinion
GVibes
From ADVFN:
do not know about the price per share would be, but
using the previous numbers as an template the numbers
would of worked out something like this:
BEFORE:
2000 shares Exobox value .003 = 6.00
AFTER DEAL (ownership in two companies)
1 share in new company value and --- ?????
with 60,250,000 outstanding AND
2,000 shares in reconfigured
exobox with 500,000,000
authorized --- ?????
This is all in my humble opinion.
You say the deal must of cost a lot of money to make happen. Who paid for it and what were they going to get in return? I'm sure "they" didn't do this for nothing. The money has to come from somewhere. This is where the deal shafts the exbx shareholders and profits the ones doing the deal. Follow the money. No reply on my previous post?
Your numbers don't make sense. If I have 2000 exbx shares at 0.003, they're worth $6.00. After the split I have one share of the new company worth maybe. 26 cents
Then after the split I only have one share of exbx worth. 003. How does this work? What don't I understand?
Your numbers don't make sense. If I have 2000 exbx shares at 0.003, they're worth $6.00. After the split I have one share of the new company worth maybe. 26 cents
Then after the split I only have one share of exbx worth. 003. How does this work? What don't I understand?
What Board? Exbx? Jack? We dont have a board. I see you just came on here so you must have some inside information we don't know about. Prove your facts if you can. I see you're really, changing opinions here.
Thanks Mr Owl. I am curious about the exemption that is described in the 8k. I don't remember what it is exactly, but they claim they have an exemption of some kind. Now, what that means, I don't know. I don't know if it is real or not. Could be blowing smoke because no one will check on it. Smoke and mirrors.
How can a CEO issue themselves a controlling interest in a company with a swipe of a pen and suddenly can control the company? I don't know about preferred stock, but I would think there must be a rule in place to prevent that from happening. When it says "in consideration " does that mean that he doesn't have to pay 50k or maybe less? Whatever the company decided? After the transfer he can now do whatever he wants with his controlling shares. Looks like they're setting up the pins and can knock em down at will. After that it looks all legal and they can do whatever they want. How can this be exempt from any rule to lets him take over with absolutely no input from the shareholders? No elected ceo or board to approve this transaction. Stinks like fish on ice.
GVibes
Aimo
I want to believe that the people pulling the strings at ExoBox are trying to make money for their shareholders, but the 3 Card Monty game is getting old. We all know how that game ends.
AIMO GVibes
I would like to know how was Shaun Irvine appointed to be CEO and on what authority. We did not have a shareholder vote to appoint a new board or CEO after Jack resigned. In my opinion, this is not legal or morally right. If it walks like a duck and sounds like a duck....
As I said before, I have gone over this deal with a Certified Stock Broker, and he believes we will be left with little to nothing after this deal. You take a company with no money or assets and BUYa company? And they agree to the deal? The only way to know what is going on is to see the books of both companies and read the fine print of this deal. Again none of this is being shown to or approved by the shareholders (who by the way, OWN these shares).
AIMO, GVibes
Now We finally get an 8K !
A stock broker friend of mine looked at this deal and we concluded that they are valuing the companies at about 160 million! We all know a company (cbg) with revenues of 2.4 million cannot be worth that much in you're wildest dreams. Smoke and mirrors all the way. We also concluded the diluted shares wouldn't be worth spit. Someone was set to make some money but it wasn't us!
If what Zambis says is correct about the RS, this could be very good for all of us. Perhaps the wording on the PR leaves a lot of confusion. What I have seen so far he is definitely working on trying to get this going in the right direction. Considering that exobox barely has a pulse, if Shaun can make something happen, be thankful. If Shaun wanted to make some fast cash and run, that would have happened a long time ago. The way I see it, we can keep the situation as it has been in limbo (nothing from nothing leaves nothing) sell your shares and get out, or wait and see what happens. We have been asking for something to happen and here it is.
GLTA IMHO
GVibes
I looked ar Shaun Irvine's linkedin account and Thr Jack is one of his connections. I am not saying anything, just interesting considering Shaun only has only 120 something connections.
I haven't been on here for a while so its good that people are still interested in whats going on. Jack has been the thorn in everybody/s side for way too long. Jack, I don't know why you have insisted to make this situation hell for everybody. Your scheming and lying has gone on long enough. Your incompontence and outright lying to us is over. I have asked you many times to do the right thing, but you don't know what that is. We are not stupid and want to make this work. We have a lot of smart people here that see through all the BS. Dont't go away mad, just go away. I don't know how you can sleep at night. No one wants to work with you because no one trusts you on anything. Your integrity is non-existent. As Jack Nicholson said in a movie, "Go sell crazy somewhere else, we're all stocked up here."
Any Day Now!. I'm almost giddy with excitement that Exobox is going to skyrocket any day now. I think it's right around the corner. (Probably some gangsters with a baseball bat looking for some poor slob to come along with a fat wad of dollar bills) Oh, I shouldn't be so negative, Jackman and Flopin are coming to save the day. Wham, Poww! Who was that masked man?
Jack has to file an 8k with the sec to announce he has resigned. He only has 3 days to do this. I see he is accepting application for the position. Does he decide who gets the job? Is he going to be Chairman of the board? I think he should just walk away after he/someone picks a new CEO and a real stockholders meeting should occur to pick a chairman, CEO and board members. I know this won't happen because Jack still wants to be in charge to bolster his ego. There are some very good people that could/should take the reins and make something happen. The never ending saga of Jack the giant killer. Jack had the beans to this magic stalk and instead of climbing up and getting the goose, he just tells everyone he's going to do it. Jack we are still waiting for someone to go and get the goose that laid the golden egg.
GVibe
IMOP, of course.
As everyone knows, Jack will not respond because he thinks that he some how will violate some SEC rules. Of course he has never followed the SEC rules anyway. Jack is afraid to say anything that might incriminate him in any way. If he puts something on here he would have to back up what he says. Since he doesn't want to to tell anyone what is reallly going on, he is silent. As Abraham Lincoln said "It is better to remain silent and thought a fool then to speak up and remove all doubt". Owl, I hope you have a good BS detector because this guy is a pro. Jack, you might not like all the critisism, (but I know you like the attention)but you wanted to be the "Big Guy", now deal with it. So far you have removed all doubt with the majority of the posters on IHUB.
IMOP,
GVibes
You can send me a privated message, I will get to it when it serves me best.
Mr. Owl,
I hope your insight will be able to see what is the situation here. A word of caution, everyone that has dealt with Jack comes away totally baffled. He will say one thing and do something 180 degrees different. If Jack is beat down, he only has himself to blame. He was offered help, (financial, expertise, management among many other things), but he never took up any offers. Ask other board members and they will tell you. I still have my shares and hope that something can be made out of this "company". I have confidence in you and I believe if anyone can salvage anything here, it is you. I will give you my support as I know many other shareholders will. The trick is getting Jack to come clean and be honest about the state of affairs. Thanks for keeping an interest in us and the best of luck.
GVibes
Happy father's day all you rich exobox holders. Jack, I,m sure you happy feediing your face and don,t give a ra's ##s about the rest of us. Just thinking of you.
GVibes
As I have said before, Jack and company have no idea the S*** Storm that is about to hit them. Most of us have given up on the original idea of having some earth shatering antivirus software. We are coming after the folks that ruined what we have worked so hard for. This isn't about power or money anymore. The stakes have reached another level that goes beyond losing money. I myself will fight as long as it takes to see this to the end. OUR end. Jack, keep doing what you're doing and you're going to keep getting what you're getting. Not any kind of threat here. You have put yourself in this position and it's not going to be easy to get out of it. I know the people trying to make things happen right and you have no idea who your up against. I'm at the point now to see what hits the fan just for the fun of it. Not a joke, but it will sure get interesting to see what's going to happen.
Good Luck, Jack. You're going to need all you can get to get out of this mess. Again, you have a way out by doing the right thing, I just don't think you know what that means.
AIMO.
Semper Fi.
GVibes
Jack, Tick tock, Tick tock, the mouse has run up the clock. Get out while you can. Or are you too afraid the truth will come out?
Your friendy neighbood clock winder
GVibs
Greeting all,
I'm not a lawyer or do I claim to be an expert in the dealings with the Sec. Wrong is Wrong and there is no denying this. Jack sent me a message saying he is working to get rid of the debt of the company. He showed me no proof and I know it was not him that made anything happen. In my opinion the only debt he wants to get rid of is his own and walk away with some cash in his pockets. Jack has never been forthcoming with any debt he managed to settle. I know Laser and Zack and Rat have done more in taking care of busines with Exoflop than any one else. What has the so called Board done anything? All they want is shares. Jack, I have been a gentleman in trying to talk some sense to you, but to no avail. I have an opinion that you are merely waiting for everyone to give up and throw in the towel. I'm not sure you know who the people involved in getting you out or maybe you think you are too smart to get over on them. You should do some due diligence and find out who some of these shareholders are.They could buy and sell anything you have ever done in your business career. And they are highly pissed. You cant' hide forever. You have never done anything successful in your life in running a company like you say. Show some proof! Everyone I know that has talked with you just shake their heads and wonder how in this world you have ever made anything for yourself or others. Stalling will not help you with your plan. It will only make things worse. You lied to everyone that you could file the appropriate forms with the SEC and it has been a Joke. I don't know why you continue to make everyone suffer under you incompentent leadership. I'm sure that terms could be made that you walk away with a good amount of shares if you could only be honest. Some people are incapable in being honest with themselves and you seem to be one of those people. You put yourself out there that you are as being someone that has high morales and integrity. Prove it! Talk is cheap. I can post anything on a blog say I' the King of Siam. all we have found is lies and more lies. I still say you have no idea or don't care what is about to happen. Your counsel is not helping you in any way. Take a deal where you at least come away with something. The alternative is not going to be good. Respond to me if you want, I look forward to hearing what "stuff" you have to say.
AIMO
Gvibes
Rat, You may have got it right.
Jack may succeed in his plan to to take his pound of flesh from the company for his own short term gain but he will lose all in the end. If the other board members are involved, they too will have to answer. The plan will eventually bankrupt the company (Jack's business plan),(which he denies) and all the dealings with the treasury stock, by selling the Kampa note, and the involvement with Sempra Energy is digging a deeper hole for Jack. This has all been done without any Shareholder agreements, votes or knowledge. They think that because they said at the Shareholder meeting this gives them the power to do anything they want, this is legal. The Shareholder meeting was a sham in my opinion because of the low turnout, the botched proxy votes, and the SEC violation of not posting the results in time. None of what they did will hold water under scrutiny. This will be even more serious when it goes to court. If there any illegal activities going on, the court will be obligated to pursue any illegal activities that come out in the trial and prosecute. This will happen whether Jack is present at court or not. He won't be able to get the case dismissed, and he can't talk his way out of the facts. But when has Jack ever let facts get in his way? My belief is that if he wants to save the company and shareholders (We know he really cares about us), the company gets turned over to new management ASAP. I really don't think Jack has any idea of the load of bricks that are potentially about to fall on him. I know there are Shareholders who are willing to spend a great deal of their own time and money to see justice. This will happen even if Jack pulls off his plan to take all he can out of the company and destroy it. He thinks this will make everything go away when he gets what he wants and the company goes bankrupt. Right now he has some chance of redemption if he resigns. If he waits until this goes to court, things could get very bad for him and any others he drug into his "busines plan". Jack, do everyone and yourself some good, Please resign.
I will take all of this back if Jack posts an SEC filing or a PR stating his plans and is transparent about the treasury shares, the Kampa note (where is the SEC filing?, the shareholder vote? we did vote for the sale in the first place), and the Sempra Energy deal(where is the SEC filing? the PR?). All of these, in my opinion, are against the by-laws of the company and SEC rules.
AIMO
Ain't quittin either,
GVibes
Thanks for the invite Jack. Whatever you have to say to me can be said to all the shareholders. I don't want to burden you with more work since you are so busy. I just wish you took a look a the names of the people that signed the petition for you to step down. These are not just a bunch of small unhappy investors. These folks are some heavy hitters and think it's time for a change. It's important to know what you do know, but it's even more important to know what you DON't know. We gave you a chance, be a grown up let the the MAJORITY Shareholders have a say.
Seems like quite a debate is going on.
As I said before, a company can make a huge turn around on the announcement of a CEO with some chops. We have given Jack plenty of time to make things happen. He keeps coming up with excuses that we, (SH's on IHUB) are holding him back. I know Jack has been offered help both monetarily and getting things done with filing, etc. He has turned it all down. I know there are some that feel a loyalty to Jack and that is admirable. I don't wish any ill will. The best intentions are fine, but if you cant' get the ball in the end zone, its time to change the Quarterback. Unfortunately, Jack doesn't think he is doing a bad job and insists on staying. That is why a lawsuit has been filed. If Jack turns over the company to responsible management, the lawsuit will go away. I don't feel he is staying because he has some master plan that just needs a little more time. Maybe he feels he can do this. Everything so far has not made sense from a business perspective. Anyone wanting to invest in this company is not going to make a decision because of what we say here, they look at the balance sheet and what the company has to offer. Too many missed opportunities and too many failures to get anything done. What have we got to lose? Everything if Jack stays, nothing to lose if we have a new management. Some are saying that the people behind removing Jack have an ulterior motive to gain personally. That is just not true. I gaurantee that if new management is installed, the share price will go up immediately. There has been offers to this company that Jack will not even consider. Did Jack say anything concrete or deliver any type of businees plan that would move the company forward? Or was this "I really care about the company and I working real hard?" Noting personal Jack, just let others who know how to get thing done with some REAL business experience take the reins.
AIMO
GVibes
Flagirl, I'm not sure you understand what's been going here. First, the CEO has not done anything other than get Exobox delisted, botched a shareholder meeting, and re-negotiated a less favorable deal on selling the technology to the Kampa group. If you know anything about stocks, just hiring a good CEO with a good reputation can bring stock price up without the company doing anything. Jack has never told what company he supposedly turned around and sold for millions. I won't believe it ever happened until he gives the name of the company and more details about what exasctly he did to turn around this no name company. We would all like to get behind the CEO of this company, Jack talks a good game but hasn't done anything but move some boxes to Florida, Flagirl. Did anyone ask Jack how many shares are left in the treasury stock of the company? How many shares have been distributed and to whom? I'm all for supporting a CEO that can produce some results, but his efforts so far have failed. You need to go back and read the history on IHUB and get a better picture of what has happened. Don't drink the Kool-aid.
All in my opinion. You make you own conclusions.
GLTA
GVibes
Laser,
Count me in for a John Doe to the lawsuit. Jack, forget it, you'll get my name and address when you tell everyone what happened to the treasury shares. Or better yet, let us know what you ARE doing behind the scenes. Just a hint would be nice, I know you can't tell us things about the company, that would violate SEC rules. But that hasn't stopped you before.
Here quote the RAT,
"Ain't Quittin"
ALMO, GLTA,
GVibes
I don't think the CFU ever realized that when he stole the company, that so many of us would not take it. Laser, thanks for all you have done and are doing to get EXBX back into good hands. Rat and Zack, we are waiting for the time when you can contibute your talents to right the company. I know Laser will help ALL of the shareholders and not just a few inner circle friends. Can't wait to hear what happens next. As Rat says, I (we) ain't quittin.
Thanks for your service Mac and to all who have served our country. Semper Fi!
GVibes
Well.....
There seems to be a new sheriff in town along with some new deputies. Everyone knows what happened at the OK Corral. We even got Doc Holiday! Law and order are the terms of the day. Rat, I aint quitting either.
AIMO
GVibes
Jack---Tick Tock, Tick Tock. Time's up! You have said a lot of things but you have not produced one iota of value to this company. You have no plan, no financing and no one wants to work with you on a multitude of levels. Why don't you make it right with all of the SH's and let go of the company. You obviously are in over your head about how to handle the company. Your Bio states you got some kind of software company out of trouble in the neighbor of $5Million. What company was that? So far all you have done is get EXBX de-listed and the share price keeps going down. Do yourself and all of us a favor and let Zack take over. At least we know who he is and he has a successful track record. S**t or get off the pot!
AIMO
GVibes
Letter to Jack
As you may have already noticed, you don't have a lot (if none at all) support from the shareholders (that you have a responsibilty to improve the value of the company). You obviously have not done anything to improve shareholder value and no capability to take the company forward. I suggest you do the right thing and let someone more capable handle things from here on out. Just some friendly advice. As you are well aware, there are many shareholders working very diligenty to see you leave. Do us all a favor. I know you either won't read this or will dismiss this post outright, either way, do the right/smart thing, if you can.
All IMHO
GLTA GVibes
I also heard from some very good sources that Scott and Laser have mended some fences and are working with ztambis and others to bring about some serious change to EXBX. I remain very optimistic about the future of the company since hearing about this news. I even hear there might some new technology being brought to the table. As always IMHO. Due diligence is your part. I'm not giving up.
GLTA
GVibes