Exobox Technologies Corp (EXBX)

[sandman 23]

Redneck, in looking at the actual Form 211, it does appear to be provided/required by the FINRA, which is the combination of the NASD & the NYSE regulation committee as of July 2007. They are not a governmental entity like the SEC. It is a non-governmental self regulating body for brokers and investors. I called FINRA and spoke to a lady named Rachel, she wasn’t very much help but gave me the number to the SEC. I spoke with a guy named Bob there that substantiated that the SEC did not make the approval for this form but that the form was based on SEC rule 15c2-11. So I am not sure how that “Phil” guy was able to look up the status of the application if the SEC is not involved with the approval. Finally, I spoke with Carmi, at the FINRA compliance desk. He said all he was allowed to say was that the form had been received and that the FINRA is required to respond within 3 days of the initial receipt of the form and within 7 days for all subsequent responses from the MM. He would not tell me when it had been received, if any response was made by the MM, or even who the MM was. Also, FYI he had not heard of “Anwar”. Who knows what is really going on when dealing with all these agencies, all I can tell you is looking at the form, it has 5 parts and is only 6 pages long. It doesn’t seem to be too difficult to submit and according to the below information not too much detail is required either. What we need to know is 1) Who the MM is and why they haven’t responded, and 2) Why management will not respond to phone calls inquiring about the many supposed “conditions” holding up the form. If there are conditions to be met, I don’t see why it is so difficult to respond to them. This form is merely to initiate or resume quotations on the OTCBB, Pink Sheets, or other comparable medium and as I understand, EXBX is already on the pink sheets, correct? Has EXBX possibly ever had any trading suspensions? Anyway, that’s all I have for you right now.

I choose to believe that the Exobox team will have all their ducks in a row and quacking when necessary.