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Re: None

Friday, 12/31/2010 11:50:37 AM

Friday, December 31, 2010 11:50:37 AM

Post# of 47793
I received the information below
in a private message. I have not verified the accuracy of it and suggest you do your own DD.

Jack Cukjati gets the $615K.
Only the amount to clear the liens is taken on by Kampa's group. about $380K, Exobox will still have 3.2 million of debt on the books.


I don't know Cukjati. Maybe he is a saint, maybe not. Based on past experience with this company and those that loaded their bank accounts at our expense, I think the stockholders are entitled to a Q&A session before ratifying proposals that raise a lot of concerns.

For example, PROPOSAL 5
RADIFICATION OF THE BOARD OF DIRECTORS ACTIONS
The Board of Directors asks its shareholders to ratify its actions for the preceding period
commencing August 1, 2008 and ending December 27, 2010.


Does this mean we are being asked to give APPROVAL to all conduct, known and unknown, that went on during that 2 1/2-year period?
Why is this proposal important to the current board?
What happens if the proposal is disapproved?
Does approval absolve anyone of conduct deemed incompetent, inappropriate, or illegal at a later date?
iagman

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