Exobox Technologies Corp (EXBX)

[fsmith1952]

It's not clear to me what the pv10 value actually means. In looking it up... my understanding is that it's a pre tax value and doesn't take into consideration many costs associated with doing business.... I am also wondering... IF this valuation means that in the lifetime of these wells... their total production would make them worth this much. IF so... then what kind of annual income might they produce? I know that the price of oil/gas fluctuates a LOT... so any estimates could change drastically depending on market conditions. Also... I wonder what market conditions were like WHEN this PV10 value was set.