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Let’s go GOLD!
Take care
Miss you brother!
Take care
ztsambis,
I received a request for confirmation on who were the persons who were the BOD for Exobox Technologies Corporation when this change to the By Laws/Articles of Incorporation was made and whether or not the persons who were the BOD for Exobox at the time of the change had been elected or appointed to their positions on the BOD? The request also asked the following:
Did any of the BOD members hold Executive positions within the company at the time of the change?
What was the compensation for Executive positions held?
What was the compensation for BOD members?
Have any of the BOD been released or resigned from their position on the BOD since the change was made?
Have any Executive positions held within the company been vacated since the change to the By Laws/Articles of Incorporation?
What severance packages were in effect for Executive positions vacated since the change to the By Laws/Articles of Incorporation?
Did any former (prior) BOD or Executives of Exobox Technologies Corporation hold consulting positions with the company at the time of the changes to the By Laws/Articles of Incorporation?
If anyone has the answers to any of these questions please post them here so that the interested party can gather that information.
I suggested that all 8K's, 10k's and 10Q's be read to get as much of this information as possible but that I personally have no desire to dig back through them for anyone.
Take care
Imgunnaretire
ztsambis Share Wednesday, March 23, 2011 10:41:17 AM
Re: None Post # of 39190
Do we really want a board of one (who in my opinion doesn't answer most shareholder's questions) to have all this power? Hmm?
Below was taken from the Nov 23rd 2010 8K. They are changes that the EXBX BOD made to EXBX By Laws/Articles of Incorporation. Read it carefully, and decide for yourself what it says and what it means.
http://www.sec.gov/Archives/edgar/data/1335002/000117152010000765/eps3998.htm
Item 5.03 Amendments to the Articles of Incorporation or ByLaws:
On November 16, 2010 the Board of Directors unanimous approved a change in the Corporations By-Laws by adding the following:
Article IX (Section 1)(9) was added:
Upon a unanimous vote by the Board of Directors of all Board members currently on the board that the following transactions can be authorized and executed:
(a) any merger or consolidation of the Corporation with or into a Related person;
(b) any sale, lease, exchange, transfer or other disposition, including without limitation, a mortgage or pledge, of all or any Substantial Part (as herein defined) of the assets of the Corporation (including without limitation any voting securities of a subsidiary) or of a subsidiary, to a Related Person;
(c) any sale, lease, exchange, transfer or other disposition of all or any Substantial Part of the assets of a Related Person to the Corporation or a subsidiary of the Corporation;
(d) the issuance of any securities of the Corporation or a subsidiary of the Corporation to a Related Person other than on a pro-rata basis to all holders of capital stock of the Corporation of the same class or classes held by the Related person, pursuant to a stock split, stock dividend or distribution or warrants or rights, and other than in connection with the exercise or conversion of securities exercisable for or convertible into securities of the Corporation of any of its subsidiaries which securities have been distributed pro-rata to all holders of capital stock of the Corporation;
(e) any reclassification of the common stock of the Corporation, or any recapitalization involving the common stock of the Corporation or any similar transaction (whether or not with or into or otherwise involving a Related Person) that has the effect directly or indirectly, of increasing by more than 1% the proportionate share of the outstanding shares of any class of equity or convertible securities of the Corporation or any subsidiary that are directly or indirectly owned by any Related Person
IMO #5 is BS
Take care
Imgunnaretire
EXBX filed a form DEF 14A on Jan 4 2011 at 2:13 PM
The Annual Meeting of Shareholders of Exobox Technologies Corp. will be held on Thursday, January 20, 2011, at 10:00 a.m., Central Standard Time at the Comfort Inn, 8080 North Davis Highway, Pensacola, Florida 32514. Our shareholders are asked to vote to:
1. Elect Jacob P. Cukjati, Eric Cavanaugh, and Carl L. Ulepich until our next annual meeting of shareholders or until their respective successors have been duly elected;
2. Ratify a change in the company’s auditors to Hamilton, P.C., Denver, CO
3. Ratify the of transfer of the company’s technology to a 100% wholly owned subsidiary SUEZ Technology Corp
4. Ratify the sale of all of the company’s current patents and technology
5. Ratify the actions of the Board of Directors from August 1, 2008 through December 27, 2010
6 Ratify the proposal to give the Board of Directors the authority to effect a disproportionate reverse stock split of the authorized and issued Common shares
7. Transact any other business properly brought before the annual meeting and any adjournment or postponement thereof.
These business items are described more fully in the Proxy Statement accompanying this Notice.
Only shareholders who owned our common stock or Series A Preferred Stock at the close of business on December 17, 2010, can vote at this meeting or any adjournments that may take place. All shareholders are cordially invited to attend the meeting in person. However, to assure your representation at the meeting, you are urged to mark, sign and return the enclosed proxy as promptly as possible by fax at (888) 400-2991. Your stock will be voted in accordance with the instructions you have given. Any shareholder attending the meeting may vote in person even if he or she has previously returned a proxy. Please note, however, that if your shares are held of record by a broker, bank or other nominee and you wish to attend and vote in person at the meeting, you must obtain from the record holder a proxy issued in your name.
By Order of the Board of Directors,
/s/ Carl L Ulepich
Carl L Ulepich, Secretary
Dated: December 27, 2010
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7637260
TOU Reminders for Stock Specific Boards
•You are posting to the Exobox Technologies Corp (EXBX) board. Please keep your post about the stock and company. Do not post about other users or other stocks.
•Your post may be removed if it contains off-topic or other content that violates the terms of the User Agreement.
Here is the simplified version.
Investors Hub Terms of Use
1. Post about stocks.
2. Be courteous and respectful of other folks.
3. Post about stocks.
4. Have fun.
Or, find somewhere else to post.
Take care
Imgunnaretire
Finra & HDOGTX you are on as Assistant Mods.
Take care
Imgunnaretire
WOW!! Where do we go from here? I hope more details will be coming out soon.
Who's dumping shares?
xxtsc,
To answer your question: Post will remain on this board if they do not violate IHUB's TOU Agreement that everyone here agreed to. Look at my sticky note at the top of the page if you need more clarification.
Please read the detailed TOU (Terms of Use) you have agreed to, and adhear the best you can to these terms.
TOU Reminders for Stock Specific Boards
•You are posting to the Exobox Technologies Corp (EXBX) board. Please keep your post about the stock and company. Do not post about other users or other stocks.
•Your post may be removed if it contains off-topic or other content that violates the terms of the User Agreement.
Here is the simplified version.
Investors Hub Terms of Use
1. Post about stocks.
2. Be courteous and respectful of other folks.
3. Post about stocks.
4. Have fun.
Or, find somewhere else to post.
Take care
Imgunnaretire
Hello EXBX Board I see that we have some new posters, I want to welcome you to the EXBX board and encourage you to share your thoughts. Please read the detailed TOU (Terms of Use) you have agreed to, and adhear the best you can to these terms.
TOU Reminders for Stock Specific Boards
•You are posting to the Exobox Technologies Corp (EXBX) board. Please keep your post about the stock and company. Do not post about other users or other stocks.
•Your post may be removed if it contains off-topic or other content that violates the terms of the User Agreement.
Here is the simplified version.
Investors Hub Terms of Use
1. Post about stocks.
2. Be courteous and respectful of other folks.
3. Post about stocks.
4. Have fun.
Or, find somewhere else to post.
Take care
Imgunnaretire
Bubba Says,
At the ZaZa mixer I asked if the Exodetect product was protected by a patent and Gary told me “no it isn’t protected by a patent”, he said other companies could see it and like it and then develope the same type program. He said that the advantage Exobox had at the time was they had a product to put on the market and any competitors would have to develope the system and that could take up to a year. And that was 15 months ago.
Take care
Imgunnaretire
Braden,
When I read your question a word came to mind and I think one of the definitions for the word says it best.
lan·guish (lnggwsh)
intr.v. lan·guished, lan·guish·ing, lan·guish·es
2. To exist or continue in miserable or disheartening conditions
So I feel the company will languish until they can prove they are capable of doing anything else. What the share price does in the meantime, I have no idea.
Take care
Imgunnaretire
In Reply To 'braden' on 'Exobox Technologies Corp (EXBX)' braden Wednesday, September 15, 2010 7:09:33 PM
Re: imgunnaretire post# 31928 Post # of 31938
What are your thoughts on exobox.Do you think it rises or falls
krang,
AskMrOwl has been tied up with business lately, but I am sure he will give his opinion as his schedule permits. This is right up his alley.
Take care
Imgunnaretire
TheLaserGuy,
I remember you making the call but when the 8K didn't come out I didn't kow what to think. What about Wirtz is he still around?
Take care
Imgunnaretire
The Lord made a donkey speak, He can turn this around. A/Cguy I like your suggestion....
Thanks Braden and I hope you and yours are well also.
Thanks Laser I appreciate your comments.
I would like to thank AskMrOwl who has agreed to be an Assistant on the EXBX board; he is a wealth of information and a man who has exhibited honesty and integrity in his postings and a person who is well respected by the followers of this board.
Take care
Imgunnaretire
Thanks Islandbound
Here is the link to the CC notes provided by the company:
http://www.facebook.com/pages/The-Evermedia-Group-Inc/135499873139045#!/note.php?note_id=155259547822744
Take care
Imgunnaretire
When will Exobox have a Shareholders Meeting? So that we can vote on Directors and Officers of the company.
Take care
Imgunnaretire
Does anyone know if the loans Kampa secured the Tecnology with has been repaid, so that the only asset Exobox has will remain with the people who truely own it?
Take care
Imgunnaretire
I heard one convinced / hopeful / loyal shareholder (at the Scott @ Skipper meeting) say that he had taken out a second mortgage on his home to get the position he has in EXBX. Although I would never do that, he must have been convinced that the technology is real. And it very well may be, but if you never code it?
Take care
Imgunnaretire
Wirtz,
Are you answering your phone again or are you still hiding from investors that you accepted large sums of money from, who will never forget you or their hard earned money? You are responsible for what happened to that money, you was the money man. IMO
Take care
Imgunnaretire
Is there a plan for coding the SUEZ technology? And if so when will we get to here the plan?
A-Man,
What do you think, I know you have heavy losses. Is there any hope for a turn around?
Take care
Imgunnaretire
Is it over again?
Take care
Imgunnaretire
Scott,
Are you putting up a blog as you stated you would or is it more complicated than you thought?
Take care
Ucantfoolme,
Where are you at friend?
Take care
Imgunnaretire
(1) Pursuant to Rule 457(h) under the Securities Act of 1933, as amended, the registration fee was computed on the basis of the market value of the shares of Common Stock to be registered hereby estimated in accordance with Rule 457(c), solely for the purpose of computing the registration fee, on the basis of the average of the high and low sales prices per share of Common Stock of the Registrant on July 9, 2010.
Posted by: TheLaserGuy Date: Friday, July 09, 2010 9:52:14 PM
In reply to: TheNapper who wrote msg# 31120 Post # of 31125
Actually they placed the value of the stock at $0.001 for the purpose of establishing the filing fees of $50.00
Which is odd, stock is usually valued at $0.01.
It looks like "THE PLAN", as it is titled, it to reward the outstanding efforts of Exobox's employees with 50 million shares of stock.
I think everyone here will agree with me that they richly deserve more free shares for coming up with "THE PLAN".
And once again they are spectacularly bad at math:
(1) Pursuant to Rule 457(h) under the Securities Act of 1933, as amended, the registration fee was computed on the basis of the market value of the shares of Common Stock to be registered hereby estimated in accordance with Rule 457(c), solely for the purpose of computing the registration fee, on the basis of the average of the high and low sales prices per share of Common Stock of the Registrant on July 9, 2010.
I find a 52 week range of 0.004 to 0.125.
If we throw out the 0.125 as being ridiculously overpriced for this stock, and use the high of 0.007 stated in "THE PLAN" the average comes out to 0.0055.
Worst must have done the math.
TheNapper,
It appears that information was pulled directly from the 10Q that was issued on 6/17/2010 page 14.
Liquidity and Capital Resources
"As of April 30, 2010, we had a working capital deficit of $3,494,007. Our current liquidity position does not allow us to meet our nominal working capital need which has required us to leverage off our vendors and seek loans from certain shareholders. Historically, our working capital resulted from best efforts equity financing and shareholder loans. During the nine months ended April 30, 2010, we borrowed $381,434 from certain shareholders on a short term basis. To date, we have repaid $534,430 of this indebtedness, although it should be expected that we will borrow additional amounts in the future. It is likely we will have to issue additional shares of our common stock in the future in an attempt to conserve cash. We will need to obtain working capital of at least $3,000,000 to fund our minimum operating expenses for the twelve months. In order to fund our full product development, including marketing and testing, we will need to raise at least an additional $3,000,000 to $6,000,000. We have no external credit or debt facilities in place to provide financing. We will be reliant upon best efforts debt or equity financing to provide necessary working capital. Accordingly, there can be no assurance we will be able obtain necessary funding to meet working capital requirements, the failure of which will result in our curtailing operations and/or selling assets".
http://www.faqs.org/sec-filings/100617/Exobox-Technologies-Corp_10-Q/
I hope you are doing well.
Take care
Imgunnaretire
CutAbove,
I don't think their hat is where they will be pulling this rabbit from.
Take care
Imgunnaretire
Posted by: CutAbove Date: Monday, June 21, 2010 4:00:13 PM
In reply to: exorage who wrote msg# 30847 Post # of 30853
Everyone is waiting to see if the company can pull a rabbit out of their hat. When people see progress you will see buys.
And you think it's funny?
TheLaserGuy,
The 10Q came out on 3/30/2010 and the lien was disclosed in this filing, so your statement is not accurate.
Exobox Technologies Corp. - FORM 10-Q - March 30, 2010
Read more: http://www.faqs.org/sec-filings/100330/Exobox-Technologies-Corp_10-Q/#ixzz0qQ9sRwSV
Take care
Imgunnaretire
Posted by: TheLaserGuy Date: Wednesday, June 09, 2010 7:51:22 PM
In reply to: I_M_Bandit who wrote msg# 30490 Post # of 30554
If you traded in April then you must have had some insider knowledge of the lien, as it was not public knowledge at that time.
TheLaserGuy,
Why would no one be refracting any wells at $80 a barrel? Wells were being refracted at $20 barrel a few years back. I'm just curious why it wouldn't be worth doing now? Not that it changes anything just curious.
Take care
Imgunnaretire
Posted by: TheLaserGuy Date: Wednesday, June 09, 2010 8:11:29 PM
In reply to: CutAbove who wrote msg# 30514 Post # of 30540
"Due to market conditions, we do not feel that the completion of the transaction will be in the best interest of Ecco Energy and its shareholders"
Let me spell it out for you.
At $80/barrel no one is refracking any wells.
The refrac job would have cost over $2 million.
Exobox was at the verge of collapsing and had squat in the bank, pretty much like it is today.
We had neither the $2 million to turn these things from a debit to an asset, nor the time to hold on while a white knight rode up and offered to refrac the wells for a percentage.
The payment on the 3 or 4 million debt note that came along with the wells was coming due and we had no money to pay the note on the debt, much less refrac the wells.
But you already know all this.
TheLaserGuy,
Thank you AskMr.Owl for the link and I agree it is well written the part I was referring to is this:
http://en.wikipedia.org/wiki/Directors_and_officers_liability_insurance
"A common misperception of D&O insurance is that it makes directors or officers able to engage in acts they know to be wrong; this is not the case. Intentional illegal acts or any illegal gains/profits obtained by directors/officers are not covered under most D&O insurance policies; coverage would only extend to "wrongful acts" as defined under the policy, which may include certain acts, omissions, mistatements while acting as a director/officer of the organization. Exclusionary language, however, would not provide coverage for fraud, illegal profits/gains, or intentional/wanton illegal conduct by such director/officer".
Take care
Imgunnaretire
I_M_Bandit,
I didn't know for sure but I was suspicous because of statements in the last 10Q, and have asked the question before:
Posted by: imgunnaretire Date: Tuesday, May 18, 2010 1:15:09 AM
In reply to: None Post # of 30320
I would like to know who has loaned the company money and has secured that loan with the Technology of Exobox?
If the loan doesn't get payed or the company goes tits up I would think whoever secured this loan with the Technology of Exobox ends up with the only asset this company has "Patents" "Technology" and none of the debt of the company. So who was so wise to get this assurance of the loan with high interest? And who allowed it to happen?
FROM LAST 10Q:
"In December 2009 and January 2010, four individuals, including two members of management, loaned the company a total of $90,000 in exchange for 10% notes with a nine month maturity. The notes are secured by the Company’s technology. Upon payment of the notes, the security interest of the debtor in the technology will be released back to the Company".
In December and January how many members of management did Exobox have? Because two of them secured this loan with the Technology of the company.
Take care
Imgunnaretire
TheLaserGuy,
I wasn't thinking that at all, I was just saying I'm just reporting not stating whether it made sense to me or not.
Take care
Imgunnaretire
Posted by: TheLaserGuy Date: Sunday, June 06, 2010 10:31:06 PM
In reply to: imgunnaretire who wrote msg# 30317 Post # of 30319
Imgunnaretire
your accuracy and integrity are not in question, never have been.
I believe that it was presented, that a company offered $5 million, when the Market Cap was $6 million for ownership of 1/3 (or 30% if you prefer) of the company.
What I am saying is that the offer is unbelievable.
No one would fund a company with 83% of the Market Cap and only ask for 1/3 of the company.
Looks like I_M_Bandit's cat did the math on the deal, and we all know he is retarded.
TheLaserGuy,
Maybe Mr.Owl could also verify another understanding I have about D&O Insurance, I understand D&O Insurance will not protect you if it is determined that the actions of the Directors or Officers of a company are determined to be criminal. Mr.Owl is that correct?
Take care
Imgunnaretire
Posted by: TheLaserGuy Date: Sunday, June 06, 2010 9:56:09 PM
In reply to: I_M_Bandit who wrote msg# 30300 Post # of 30318
How is EXOBOX going to pay for the D&O insurance?
The good looks of the consultants?
You can check with Mr. Owl but I think the insurance is in the $20K neighborhood.
And why would we, the Exobox shareholders, pay for insurance for a consultant?
I thought it was for Directors and Officers.
I thought Consultants were like contract labor, and paid their own life/health/etc insurance.
TheLaserGuy,
I didn't give the presentation I'm only stating what I heard him say.
Take care
Imgunnaretire