Exobox Technologies Corp (EXBX)

[fsmith1952]

Thanks for taking the time to put that all together. I have a couple of comments. First of all... you forgot to factor in the "up to $3 million" in assumed debt in this transaction... which brings it down to a 6.25 million on the plus side. And this is still not really relevant because there was no direct expense in acquiring these wells. Issuing shares is not an expense. Yes, it dilutes the ownership (thankfully not a lot, in this case) Also.... the valuation of the wells is a total value... NOT to be looked at as an annual income. It may take MANY YEARS to get the total 22.5 million in income... so you can't treat this as income for one year.
Still... after the transaction is a done deal... and the "selling machine" for exbx restarts.... I fully expect the SP to be at LEAST .20 a share in the short term.