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Masala,
I don’t know anything for sure, but from previous posts it was suggested that this was part of restructuring the shell. I don’t even know the current status of the shares. It’s hard to find info on this shell.
NDebt Friday, 11/05/21 11:50:39 PM
Re: the_kube post# 46648 0
Post # of 46685
Hey, ‘the kube’
I hope someone can confirm or deny that Lazar acquired one billion shares for his legal work on the alleged custodianship of this shell corporation... “has been granted 1,000,000,000 restricted shares of EXBX.”
I think that it is safe to assume that Lazar provided his “services” with expectations of renumeration. I don’t know what the limits are of “restricted” shares, but at .008 per share the value would be eight million dollars.
I don’t see that happening. I am worried about recovering my meager investment… I can’t imagine someone making eight million off this deal.
And finally, no SEC filing since April, 2020? As I stated, I hope someone has someone has some factual information.
etc Saturday, 11/06/21 03:37:26 PM
Re: NDebt post# 46653 0
Post # of 46685
Look at page 4 on the financial report and it shows 1,000,000,000 restricted shares for his custodianship company.
nsomniyak Member Level Saturday, 11/06/21 04:07:06 PM
Re: etc post# 46654 0
Post # of 46685
Part of Lazar's MO is often to issue himself enough restricted shares so that he can control any shareholder votes required in the process of rehabilitating the shell, then cancel those restricted shares as part of the deal that results in the final change of control.
If he controls a majority of the votes, he does not have to develop and circulate proxy materials for all the changes along the way and things go much faster.
Hey, ‘the kube’
I hope someone can confirm or deny that Lazar acquired one billion shares for his legal work on the alleged custodianship of this shell corporation... “has been granted 1,000,000,000 restricted shares of EXBX.”
I think that it is safe to assume that Lazar provided his “services” with expectations of renumeration. I don’t know what the limits are of “restricted” shares, but at .008 per share the value would be eight million dollars.
I don’t see that happening. I am worried about recovering my meager investment… I can’t imagine someone making eight million off this deal.
And finally, no SEC filing since April, 2020? As I stated, I hope someone has some factual information.
Kind of late to the party aren’t you? Isn’t Lazar finished and now a Chinese conglomerate is taking the reins of this shell? Kind of hard to keep track when there are no business statements or press releases. Heck, we don’t even have an 8-k filing that I know of. But hey, I really don’t know much anyway, and I didn’t do my DD!!!
Does anyone know what a “foreign reverse merger” would do to the value of EXBX stock? I apologize ahead of time for my ignorance. I have no experience with shell corporations. I was sucked into this stock when they were circulating white papers about a computer program. Thanks for any information. See link:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157746823
TMoney2017 Wednesday, 08/19/20 10:21:52 PM
Re: ME3ee post# 24254
Post # of 36314
I found another connection to a potential foreign RM. Every time you see "Jacqueline Danforth ("consultant") AND "Li Shen, CGA ("Accountant") in filings, you then have a foreign RM. So far I found them together in PJET, GZIC, PCHK, CMPY, IVHI, TRON, AGHI, NIHL, QEBR, DDDX. They are listed in the newest MGON filing as well.
Jacqueline seems to mostly deal with foreign RM.
Conspiracy theory… or???
Does anyone know if any of the “Lazar type” shell corporations have resulted in a legitimate business venture? Have any ever become a successful company? Especially the ones with “Chinese” business owners. Please read
THE ECONOMY
Should We Allow the Chinese to Buy Any US Company They Want?
Jan. 9, 2018
Letting Chinese corporations acquire American companies, especially energy or technology-based companies is the biggest threat to rebuilding American manufacturing.
By Michele Nash-Hoff
“ China is buying American companies at a breathtaking pace. While some are legitimate business investments, many others are part of a backdoor effort to compromise U.S. national security,” said Congressman Pittenger. “For example, China recently attempted to purchase a U.S. missile defense supplier using a shell company to evade detection. ”
“A penny to a nickel”?? His decimal points indicate ten cents to fifty cents.
What is the story behind “$3, $5, $7”? I could use a good laugh about now.
Thank you, Horst! Some of the best DD and research I have seen in awhile.
Cukjati’s motion to amend raises more questions in my mind than it answers, but those questions are probably not material at this time. It doesn’t matter how many shares you own, if no one can or wants to buy them. So I assume whatever “deal” Cukjati is trying to amend, he is hoping like everyone else that EXBX is able to file current after the 9/17 court hearing.
MrSearch, How do you get in touch with Mr. Cukjati? I have not spoken to him since 2010, and I don’t think his cell phone number is still the same. Thanks.
I have held this stock for over a dozen years… something that I tell my crisis counselors, but not my friends.
Yes, I believe that I was a victim of a con job. I wonder how Copeland is doing nowadays? But once in awhile, a great while, a pig turns into a princess. I was hoping that this worthless shell would rise from the ashes. Will it ever? I don’t know. Odds say no.
But I can’t do anything else but hold on and hope to recoup my money some day on a swing. I may have missed that chance to recoup about 50%. The old shell game rule book says to strike while there is liquidity in the stock. When the liquidity is gone, the value is gone. Now that buying is gone, the liquidity is gone. The truth is an awful thing.
Well, I guess we still have hope that something happens Sept 17th with the court hearing. That is right, keep stringing me along. I will just make another appointment with my crisis counselor. But after that, “turn out the lights, the party’s over ??”.
Good luck, my friends. Especially to the old timers.
What is this?…. Jacob Cukjati’s motion?
What motion has he filed, and what does this mean to the case?
Any old timer here will know Jack…
Register of Actions
Case No. A-20-810738-B
Custodian Ventures, LLC, Plaintiff(s) vs. Exobox Technologies Corp.
09/17/2021 Motion (3:00 AM) (Judicial Officer Gonzalez, Elizabeth)
Custodian Ventures, LLC's Motion to Terminate Custodianship 08/20/2021 Reset by Court to 09/17/2021
09/17/2021 Motion (3:00 AM) (Judicial Officer Gonzalez, Elizabeth)
Jacob Cukjati's Motion to Modify Order
I received the same notice from TD Ameritrade. The question is… will EXBX make the “ required current financial and company information available to regulators and investors” before the deadline. If not, it appears to me the you will not even be able to give away stock that is not current.
Well, I can tell you that this is official court records, and it appears that there is a status report due 6/25/2021, but that’s all I know. I have not been able to dig any deeper in my research. Thanks for the info.
https://www.clarkcountycourts.us/Anonymous/CaseDetail.aspx?CaseID=12025399
Register of Actions
Case No. A-20-810738-B
Custodian Ventures, LLC, Plaintiff(s) vs. Exobox Technologies Corp. [Nevada Entity No. C30664-1999], Defendant(s) §
§
§
§
§
§
Case Type: NRS Chapters 78-89
Date Filed: 02/19/2020
Location: Department 11
Cross-Reference Case Number: A810738
Party Information
Lead Attorneys
Defendant Exobox Technologies Corp. [Nevada Entity No. C30664-1999]
Plaintiff Custodian Ventures, LLC Peter L. Chasey
Retained
7022330393(W)
~~~~~~~~~~~~~~~~~
03/19/2021 Status Check (3:00 AM) (Judicial Officer Gonzalez, Elizabeth)
03/19/2021, 04/16/2021, 05/14/2021, 06/25/2021
Minutes
04/16/2021 Reset by Court to 04/16/2021
Result: Matter Continued
04/15/2021 Status Report
Custodian Status Report
05/14/2021 Status Report
Custodian Status Report
What is note #9? Who is the holder of the note?
If you cannot provide the info, could you provide the link to the info?
I found some info on David Lazar, but who is Jay?
IMO, That information could reveal the future of EXBX... Thanks
I have seen a few familiar names from the past. Are they getting back together to reinstate Exobox? What news should we see next that will get this moving forward?
I just don't know nothing about business, and so far, I can't figure out what's going on with this company. But, I know you don't spend your money on a lame horse, and you don't buy a cow that won't produce milk.
Why would "these guys" spend money on a federal lawsuit to claim $800,000 damages on shareholders that they could never collect $800,000 from, and that they could never prove the damages in the first place? My guess is they wanted the SH's to go away. Now, why did they want the Shareholders to go away? To either complete their shady deal, or protect themselves from discovery of shady business deals.
We did not miss anything that might cover their bases... instead, "these guys" did not expect the shareholders to stay together and fight their BS.
IMO, from what I have read on the posts, "these guys" have never experienced a situation where shareholders have contested "these guys" plans to find a distressed company and take it over. But this is my money and your money, and I am too stupid too let someone steal it from me.
I wish someone could follow the money... that's all I got to say.
Speaking of the old days... Who was Eagle1 or whatever the name? Did anyone know this person? Eagle was very strong on EXBX when I invested in 2009, but disappeared with the collapse of EXBX. Eagle was really touting the promises for the future of EXBX, but Eagle has not been present during the fight for the shareholders. Who was this person that rallied shareholders before the collapse? Why has this person not contributed to the present fight for the shareholders? I remember some posters regarding Eagle as the demi-god of EXBX, but Eagle abandoned his flock when it failed. I am just wondering, because I am too stupid to know better... I just don't know nothing about this stock business.
I remember the shareholder's attorney (Williamson)quoting the EXBX attorney (Takos) that Irvine would spend $100,000 defending their Federal lawsuit. Where is that money coming from? Irvine should pay $100,000 to the share holders for this frivolous lawsuit. The transcripts from this case should go to the SEC.
IMO, april150 and exoman are both correct. I believe that someone connected to EXBX got pissed that they lost their investment in the original company, and colluded with someone to commit fraud to recover their original investment. They figured that they got screwed in the original investment, and would screw everyone else to unjustly and illegally enrich themselves and the new partners in a scam deal.
IMO, yes, april150, these are professional scammers. Just do some internet research on the names that have come up in this litigation.
IMO, the shareholder have won the litigation, but how much will it cost to pursue the truth? I want to recover my legal expenses, but who will pay it? IMO, there are definitely pawns positioned in this deal to take the fall. The pawns were promised riches, but protected the assets of the key figures.
If the shareholders can gain control of the company, and install a legitimate BOD and business plan, can the shareholders recover their expenses in increased share value? I do not know. How much would it cost to rebuild the company? I do not know.
IMO, there is a real chance to go after the key figures behind this deal. I think that we are doing the work for the SEC. How can we get the SEC investigators involved? There are civil and criminal sanctions, judgments, and jail time warranted in this case.
IMO, there are already some people shaking in their boots, and some people that think that they are untouchable.
But you know, I am just a big old country dumbass.
Do you think that the SEC will get a copy of the court and deposition transcripts? I would think that all of the hard work has been done for some enterprising fraud investigator. I bet future depositions have a lot of finger pointing... "It wasn't my idea, he did it!" It's like catching a crack-head with dope in his pocket... "It ain't mine, I was just holding it for somebody!" (and I caught quite a few) If this was not so serious, it would be funny. Like someone said, this happens all the time in penny land, but this time they messed with the wrong folks. They are dead in the water now, and they know it... like rats on a sinking ship. (No offense, muskrat)
Seriously, I do not understand even half of what's going on. I just know that I made a good faith investment, and someone tried to unjustly/illegally enrich themselves from my investment. From who or where it began, I don't know. But I have enough integrity, and not enough money, to get ripped off. I am with you my brother, muskratcuzzin, it ain't over. I want Exobox to become a legitimate company.
A personal thanks to all of the shareholders who have contributed to this cause.
Any updates on the deposition?
Who is Justin McGowan MacGyver?
This is the court case that in my opinion is relevant:
"On January 18, 2013, US District Judge wrote the following about Jehu Hand and Yuriy Semenov, who are currently councel and CEO respectively of REFG.PN
Anahuac was a shell corporation, used by Hand to conduct business on behalf of himself and his other companies.
Yuriy Semenov acted merely as a figurehead. The Court did not find credible Semenov’s testimony that he was the President and owner of the Company.
o he did not understand the nature of the debenture agreement (dkt. no. 102 at 20, 56);
o he lacked knowledge about where the funds to pay for the debenture came from (dkt. no. 102 at 156);
o Semenov did not understand the meaning of “keeping a corporation’s books,” and testified that he balanced Anahuac’s books “in [his] mind, and [his] diary, and wherever [he] find it’s [sic] useful.” (dkt. no. 102 at 170);
o Semenov testified that before the initiation of this litigation, he did not know about Anahuac’s purported belief that the funds used to pay for the CleanTech stock came from Duluth Venture Capital, and that he did not care where the wire of the funds to pay for the CleanTech stock came from. (Dkt. no. 104 at 108.)
Hand exerted significant power over Anahuac:
Hand and Semenov are once again defrauding investors in a marijuana company that has gone from above .60 cents in mid september to around .15 cents currently. Reports filed with the SEC show Yuriy Semenov as holding 98.4% of the stock, nearly 320,000,000."
Oh, when the saints go marching in, Lord I want to be in that number, when the sanctions come rolling in!
I am pretty stupid... but this is incredulous!
Are you telling me that the Exobox attorney brought in some "homeless" guy as the "acting" Vice President of EXBX for a deposition in a Federal Lawsuit?
Oh my gosh!!! How is the Federal Judge gonna react to this???
I would love to see the transcript of the deposition: "I don't see nothing, I don't know nothing... I was living under a bridge and they gave me twenty bucks to come in here and say I am Vice President."
What kind of bone-head move is this? If I was the attorney that came up with this scheme, I would dread the next appearance before the Federal Judge.
Obviously, my opinion is humorous, based on an event that I was not present. But really, who thought that this was a good idea?
Somebody is about to get schooled in Federal Court!! I admit that I am stupid, but even I think that this move was stupid! Who would expect to get away with this?
When I read your post about the deposition, I laughed so hard I blew half of my whiskey drink out of my nose... it burned my nostrils, and I wasted good whiskey. Can I hire the EXBX attorney to represent me in a lawsuit for losing good whiskey?
CHOMP! CHOMP! CHOMP! When will we be able to see the shareholders' expert witness report?
What ever happened to HandJ? Was he pulling his own chain?
I had simple questions that were not answered.
How does a corporation appoint a CEO, BOD, or whatever, without a shareholder vote?
How can a non-elected CEO, BOD, or whatever, issue special shares without shareholder approval?
How can a non-elected CEO, BOD or whatever, approve a split/merger without a shareholder vote?
These questions seem simple to me, but I am so ignorant about business and corporate practice, that I don't even know what I am asking.
Somebody help me.
Someone please tell me how this happened? Or Did it???
I agree.. Be ready for anything these guys might try to pull. And I am sure this was all in your opinion, not based on first hand knowledge (if it is based on first hand knowledge, please share!).
In my opinion, they are at the end of the rope. The only defense they have left is legal maneuvers. They have no defense to their conduct with the company. So, the only way for them to not lose/default the case is to conduct delay tactics. I think that they have given up on making money off of EXOFLOP, they just do not want their business practice revealed in court.
I am not arguing with you, GoodVibrations, I agree with you. When the shareholders win, EXBX/Shaun will declare there are no assets to pay a judgment or legal fees. Like you, I wonder how they could afford filing a lawsuit and paying attorneys?
Oh, by the way, what happened to HansJ?
My hope is that the shareholders get a court ordered election, vote a new CEO and BOD, and develop a business plan that returns some value to the company for the shareholders.
Thanks to all who have not given up the fight for shareholder rights!
Coming soon in depositions...
Want some wrongful enrichment in your water?
Stock splits in your tea?
What's all these crazy questions they're askin' me?
This is the craziest party that could ever be
My lawyer should have told me not to come
That ain't the way to have fun, no
Hey, HansJ, are you still around...
I am pretty stupid, and I will prove it by ignoring my own advice about staying off of IHUB while the court case is on.
But, I have read some of the posts on IHUB with you guys arguing, and I get more confused.
1. Whether or not, a certain deal was good, or another deal was bad, how does Shaun Irvine take control of the EXBX corporation without an election?
2. How does a CEO, or whatever, make a split/merger deal without a shareholder vote?
3. How does a CEO buy super D stock (or whatever it is called) without shareholder approval?
4. How does a corporation go without any shareholder meetings for 4 years or whatever?
Like I said, I don't know much about this stock business. I would think that the merger deal is a mute point if the road to the merger is illegal. Please answer each question with legal authority, and not dodging or misdirection. I am not that smart and have to follow the lines. Thank you for your explanation.
You know what's going on here... on IHUB.
I am just a dumb ole country boy that invested in this company when I thought EXBX technology was going to be a break through in internet security. I thought it would help my retirement. Now, I don't know what remains of EXBX. As a shareholder, I only wanted a vote in what happened to the company.
What I see happening now on IHUB, is a bunch of fishing, or phishing. I think that EXBX shareholders ought to let the facts come out in court, and not be baited on IHUB. (Get it, fishing...baited?) I do not think any arguing, misinformation, dissemination of BS (I have enough BS in my pasture), or intimidation helps the company. It is what it is. Did the shareholders elect anybody to office, did the shareholders vote on any deals, did the shareholders approve any Class D stock, were the shareholders granted any meetings or elections in the past 4 years?
It is what it is. I never called a pig a lady, and I never called a lady a pig. Maybe it is time to stay off of IHUB and let the facts be produced in court. It is one way or another. Somebody is scared because they did not do the right thing.
Nostalgic thoughts for the loyal shareholders...
I remember when I first bought shares in EXBX. I had been watching it for a long time before I decided to invest. I did not, and still do not, know anyone involved with the company. I had a friend at work give me a "tip" to watch the company. I do not have any experience in technology, business or stocks. I was just a dumb old police sergeant trying to get ready for retirement.
All of a sudden, Exobox had a big office in Houston, was attracting notable talent in the software industry, and was on radio talk shows glorifying their latest technology. At that time, I thought, ok, time to invest. I bought in just before I retired.
Then, all of a sudden, Exobox took a Exoflop (I stole that name from someone else) bigger than a belly flop that I can do in my scummy, snake infested, turtle dunking country pond. I thought to myself, "Wow... what happened to the money and the technology!"
Well, I still don't know. I tried to educate myself on the internet, and learn about penny stocks and investment bankers. The more I learned, the dumber I got.
Well, to prove myself stupid twice, I think that there is a real chance that EXBX can right itself with real people with a real business plan. To prove myself stupid three times, I believe this because of what I read on IHUB. Really, I think that if the shareholders can have a vote, the shareholders can save this business.
If you are like me, an honest person who invested honest money, give this company an honest chance to survive. Support the shareholders in demanding an honest vote. Get involved or give up.
Personally, I would like to see the company come back to life, so I could sell some shares and get rid of some scum and snakes in my pond. I would like to go fishing without turtles stealing my bait and snakes trying to bite me.
God bless all of you, and try to do something everyday that is humble, serving, and caring.
Amazing research by you all! I didn't even understand half of it, but even my dumb self saw that everything was footnoted with documented proof. Just think of what this information could do in the hands of a good attorney! Thanks, ya'll.
Has anyone filed an official complaint with the SEC to have this investigated?
OK, What do shareholders need to do? I do not know squat about business, stocks or corporate laws. I invested in this company because I thought it would be successful. Now, I honestly believe that the original business plan is trashed. But, I don't want it stolen by investment bankers. I would rather see a real business plan return some value to the company. Any thoughts from anyone?
First post of the New Year! Anybody heard anything?
To the best of my knowledge, whether scrupulous or unscrupulous, EXBX began in Houston, Texas. At least, that is where I first learned of this venture. As a Texas native, I had faith in the pioneer spirit of the company.
In March, 1836, at the small settlement of Washington on the Brazos, Texas, a group of 59 representatives from established counties gathered to sign a Declaration of Independence from Mexico. The group was determined to divest themselves from tyrannical and unrepresentative control. A large Mexican Army was in the territory, determined to quash the rebellion.
184 volunteers stood at the Alamo in San Antonio, Texas to confront the 1,500 Mexican troops advancing toward San Antonio. The dedicated Texans at the Alamo had no chance of survival. Colonels Travis, Bowie and Crocket chose to stay and fight with the dedicated volunteers. By March 6, 1836, the Alamo was overrun, and all of the men were killed.
The delaying action of the men at the Alamo gave the chance for the Republic of Texas to mount an offensive, and eventually defeated General Santa Anna’s Mexican Army at San Jacinto, Texas. The Republic of Texas was born. Thus became Texas, the only independent republic ever to eventually become a state of the Union.
I present these facts, as a Texan, because, and perhaps, there is a chance to defeat the tyranny of an unrepresentative board of directors, and return control of the company to a republic with the interest of the stockholders.
If you have invested in this company, I hope you support the effort for the independence of EXBX.
Laser, I tried reading all that stuff in the posted note, but hey...
Can you post a sample nomination letter that we can use to write our own letter to submit nominations. I am not sure what all is required in the letter to be mailed to the EXBX attorney. I am not suggesting that you post your own letter to the attorney, just a sample of what we should include in the letter.
Also, how many people should we nominate, and who would you suggest? I am not sure I know everyone's name.
Thanks.
By "send in your nomination for board members," do you mean the survey we had awhile back? Or is there something new we need to pass around for nominations?
I am all for it... let's roll!
I am having withdrawals. I hope something is going on behind the scenes, because there have not been any updates posted here in awhile. Signed, still concerned and still in.
“If all men were just, there would be no need of valor”
The predicament of EXBX reflects the state of our nation. You can submit to the power, or endeavor to restore your natural rights, and demand that what you sow is what you reap. Otherwise, all you have to do is to be silent and have every thing taken away from you.
Support the cause, or give everything away.