Exobox Technologies Corp (EXBX)

[I_M_Bandit]

I believe the current lawsuits are a major reason why Exobox cannot obtain the D & O Insurance. The others you mentioned: given the high risk, with no money in the bank compound the issue but are not the sole reason. I think if Exobox can settle the current lawsuits they then can get the D & O insurance.

I am not saying that anyone signing on right now would be responsible for predecessor wrongdoing. It's just that whoever signs on now better be able to perform or they may be looking at a lawsuit. Anybody can sue anyone for anything at any time. A reasonable, honest person w/ common sense would look at the issues at hand w/ Exobox & see that it does not have D & O Insurance & will go look for jobs elsewhere.

I was not attacking your character, from the looks of your qualifications you would have a lot to lose. I do not understand your reasoning why you would put yourself in that situation. Even if you did right by the company & shareholders there is still no protection for you. It would take everything you had just to defend yourself. Even if you did nothing wrong.

I question your common sense for a board seat w/o D&O Insurance thats all. IMO, they will be putting together an advisory board. If you are serious & your heart is w/ Exobox you might want to look into that one as well.