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Monday, June 12, 2006 4:49:02 PM
Can't find how many shares were in the deal yet.
HOUSTON, Nov 15, 2005 (BUSINESS WIRE) -- Exobox Technologies Corp. (PinkSheets:EXBX), a network security company with a proprietary software designed to stop all cyber threats, announced today that it has sold out its Private Placement of convertible preferred stock and warrants for 4% equity in the Company, raising $1,000,000 in less than one week. If the warrants are fully exercised, the Company will receive an additional $900,000.
Robert B. Dillon, Exobox's President and Chief Executive Officer, commented, "Investor confidence in the tremendous value of our revolutionary software has made it possible for us to raise the $1 million currently needed for Exobox operations in less than a week on terms very beneficial for the Company."
20% a day keeps the job away.
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