Exobox Technologies Corp (EXBX)

[kei]

i received the reply to my question (from another board.... a world famous fisherman)

for your reference:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=28085573

Surfkast writes........

I believe it would be up to the MM to place a valuation on the security.
Anyone? Thanks!

Filing a Form 211 to Receive a Trading Symbol

Rule 15c211 was designed to allow non-reporting public company’s securities to be quoted on the National Association of Securities Dealers’ (“NASD”) Over-the-Counter Bulletin Board (“OTCBB”) by filing some simple disclosures.

Now, companies seeking to obtain a quote on the NASD OTC/BB are required to file reports with the Securities and Exchange Commission (“SEC”), under Section 15D of the Securities Exchange Act of 1933 (the “Act”), as amended, or section 12G of the 1934 SEC Act. A company who has filed a registration statement with the SEC using an SB-1, SB-2, or Form 10, will become a reporting company when the SEC declares the registration statement effective. Once the company is reporting, it is eligible to have a market maker file a Form 211 with the NASD. The 211 must be approved by the NASD, which normally takes 3 to 6 months, before the company can trade its stock on the OTC/BB. The NASD will require 40 to 50 shareholders and sufficient public float to approve the 211 application.
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so, according to his post, i (kei) think it depends on market maker to decide the pps on the 1st day of trading as a stock of otc.bb

starting at $4.00 to $6.00 will be nice (no complain from me)