Exobox Technologies Corp (EXBX)

[fsmith1952]

I don't know where you're getting a $6.5 million figure. We DID take on some $2million of debt associated with the wells... but they DO have an estimated market value of $24 million. Yes, we DID have to give up some shares for the wells... BUT we ended up with 150 million being returned... SO, doing the math... we GAINED a whole LOT of shares over what were given to acquire the O/G wells.
I believe that one of the next management positions will have to be a very strong candidate from the Software Security sector.... Present management does, however, have a strong record of business management...so, will hopefully figure out WHO/WHAT we need to succeed.
I agree with your 10Q assessment... yes, it won't be great or even good, but it will counter the bad news of not having filed it in the first place... and having the "E" gone should help the SP too.
I think we'll be seeing some measurable sales increases in the next 6 months.. on the DLD front.
And... I think we'll see a LOT of advances in the next 6 months in SP too... so... we're about a year and a half apart on our estimations.
Guess we'll just have to see what happens.