Exobox Technologies Corp (EXBX)

[FunkyCoolModena]

So I believe half the shares that will be issued after the RM is going to be shares to this new company Cherubim Builders Group ("CBG").





CBG has three operating subsidiaries in the construction industry: WaterMasters Restoration Inc., Metroplex Home Repair, Inc. DBA Gregg Construction and Designer Lane, each with its own business model. These companies can be found at www.cherubimllc.com.





Watermasters Restoration, Inc

113 Souder Drive
Hurst, TX 76053 - View Map
Phone: [phone]
Web: www.WaterMastersInc.com

Categorized under Tuckpointing or Restoration. Our records show it was established in 2000 and incorporated in Texas. Current estimates show this company has an annual revenue of $2.5 to 5 million and employs a staff of approximately 20 to 49.

http://www.manta.com/c/mmjrkn3/water-masters-restoration





Metroplex Home Repair Inc

2100 N State Highway 360 # 1404
Grand Prairie, TX 75050 - View Map
Phone: [phone]

Categorized under Mobile Homes-Improvements. Our records show it was established in 1971 and incorporated in Texas. Current estimates show this company has an annual revenue of $2.5 to 5 million and employs a staff of approximately 10 to 19.

http://www.manta.com/c/mm8jy3d/metroplex-home-repair-inc





Gregg Construction

113 Souder Drive
Hurst, TX 76053 - View Map
Phone: [phone]

Categorized under Home Builders. Our records show it was established in 2005 and incorporated in Texas. Current estimates show this company has an annual revenue of 320000 and employs a staff of approximately 5.

http://www.manta.com/c/mmn9rkn/gregg-construction





Designer Lane

113 Souder Drive
Hurst, TX 76053 - View Map
Phone: [phone]
Web: www.DesignerLane.net

Categorized under Design Services, our records show it was established in 2011 and incorporated in Texas, current estimates show this company has an annual revenue of $100,000 and employs a staff of approximately 2.

http://www.manta.com/c/mx33yjx/designer-lane





There's a wealth of information on the Web on all these companies. Everything I've read about them so far has been nothing but positive. I believe the soon-to-be-released financials will show these to be cash positive income producing companies!


It wouldn't surprise me at all to see this newly formed stock trade between $10 - $20 per share.




And remember, this appears to be only half the story.




The other half of the story possibly being the other newly issued stock we're supposed to get in the new company that may still be holding onto to all the SUEZ patents and ExoWatch, ExoDetect technology (maybe the symbol will stay EXBX, but nonetheless, a new company imo).

https://www.google.com/search?q=exobox&tbm=pts

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=0&f=S&l=50&TERM1=exobox&FIELD1=&co1=AND&TERM2=&FIELD2=&d=PTXT

Seriously, could you imagine if these patents still belong to Exobox? Not sure if they do, but why mention them in the press release??







I know no one likes to see the number of shares they have in a company to be reduced in any way (in this case, drastically reduced) but remember the important number imo is the stock value and not the number of shares held. I was utterly shocked today to see the stock price not tank on news of such a great conversion. There's still a bunch of trading days left before any 10-K is released, but what happens between now and then in my mind will somewhat predict what's in store for us in the future.







Finally, we all knew this company was in line for an RM. Now that some of the details (conversion rate) was released in the last press release, I would expect nothing but positive news from here on out.






Go EXBX & CBG !!!!!!!!!!!!!!