Exobox Technologies Corp (EXBX)

[trader501]

< I agree 85k is a big difference >

I don't know if you guys read the reports of the companies you invest in, or if you do investing often. The cash burn rate is 200k per month. I copied and pasted the information below since you have invested money in this company. I'm not saying that they won't make it, but facts are facts. I hope they do make it. I would love to purchase some shares when the stock starts trending. It's better to be in stocks that are trending rather than praying that a stock will move.

I know they have released two products now and could have minimal revenue. They have raised cash through insider sells which are ongoing and will continue to dilute the share price. This is always the last option when lenders and investors are not willing to put more money in. I will say again that I do hope they make it. I'm not an expert on computer software, but I have done enough research to know that they have a great product. They have a number of things going for them and I would love to see this stock move so I can get in. I was in on the recent move from .055 - .12 because I thought it would start trending, but I was stopped out at .10.





Certain Factors that May Affect Future Performance
The risk factors below supplement and should be read in conjunction with “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended July 31, 2008.
We currently have enough cash to last us though June 2009 and will be unable to finance our current operations without additional funding.
Our current monthly cash burn rate, which may increase or decrease over time, is approximately $200,000 per month. Consequently, we will need to raise additional capital to sustain our operations. We have enough cash to fund our
operations through June 2009.
We estimate will need to raise at least $4,500,000 to fund our operations.
Until we begin generating revenues from product sales, we will need to raise additional money to fund our operations. We expect our first product to available