Briefly:
EXBX has a perfect share structure: 949M OS which is 64% restricted, leaving 340M in the float. This is very reminiscent of SOL* but with a bit more in the way of free-trading shares, providing more liquidity and an easier time building a large position. That said, we're up 100% on just 8M volume. Imo, especially seeing the trading action on SOL* and QUT*, EXBX's share structure is exactly in the sweet spot. As I mentioned, I've been trying to reach my desired position here for literally months, so cheap shares are hard to come by.
Lazar is taking this one through the proof of claims process. This imo is a signal that he's going to work on it actively and has big plans he doesn't want interrupted by unanticipated debts/liens. We don't yet know Lazar's position in common shares, but I won't be surprised if he has a large position. Even if he grants himself new shares, as he did with TRD*, this would be a good outcome - the Lazar tickers where he has a solid position always seem to have their day as huge multibaggers.
I think a lot of traders were waiting for the proof of claims process to conclude before buying in. I don't want to tip my hat with all of the considerations I use in picking these (I'm pretty forthcoming but want to keep this one little edge to myself), but I have reason to believe all or most of the claims will be deemed not valid. I could be wrong, of course, but there's publicly available evidence suggesting the claims will *probably* not be valid.
That's all I have for now - as always this is just my opinion and not financial advice....
H
