Exobox Technologies Corp (EXBX)

[CARNAGE9]

How is this news?

This is all info we’ve know about since about June. We knew Huang Fang was the president. The only thing “new” is that she is the majority shareholder.

The name change, I’ve seen that before. I distinctly remember seeing that name, and when I searched it in google, it was actually in my search history. I don’t recall exactly where I saw the name from, but we’ve collectively know about it. I’m assuming the name was posted in this board before and that’s how I came across it.

I am worried there will be a reverse split with this. #1- R/S kinda go hand in hand with MOST Lazar plays (not all). #2- The sheer amount of authorized shares being in the billions.. I feel like they are going to have to bring that down by doing a R/S.

Even if it were a 1/10 R/S, that would bring authorized shares from 3 billion to 300 million. And Unrestricted Shares from 340 million to 34 million which is a super tight float.

I don’t know… I guess we will see.

I also see they reported 2.6 million in losses for 2021 (tax benefit?).

I’m slightly worried this is done with. That it was just flipped by Fang Huang as a tax loss and now we’re done. The only reason that doesn’t add up in my head is that Lazar was paid for his services with preferred shares in this. However, Lazar was also issued 1 billion common shares in this deal (among additional preferred shares). 1 billion shares sold conservatively at 0.01 (which we passed a while ago) is still 10 million dollars in Lazar pockets for this deal…

Just speculation. But we shall see.