Exobox Technologies Corp (EXBX)

[FunkyCoolModena]

I urge all EXBX shareholders to email me asap at [e-mail] for the purpose of stopping this proposed reverse stock split.

According to 8-K filing:

http://www.sec.gov/Archives/edgar/data/1335002/000100233414000006/sharex.htm

The Company agrees to acquire all, and PDX agrees to sell, all of the Interests it owns in CBG, when and if acquired by PDX, in exchange for 40,000,000 shares of new common stock of the Company (the "Shares") to be issued in accordance with Schedule I annexed hereto. This number of Shares gives effect to a proposed 1-for-2000 reverse stock split (the "Reverse") in the Company's common stock. As of the date of this Agreement, the Company has approximately 475,000,000 shares of Common Stock outstanding, and is expected, as a result of the reverse stock split (but prior to the issuance of rounding shares in the reverse stock split) to have less than 250,000 outstanding shares, such that after the issuance of the Shares the Company shall have approximately 40,250,000 shares outstanding of common stock. The parties acknowledge that the Company currently has certain loans outstanding, and the Company shall settle these liabilities by the issuance of 20,000,000 shares of common stock (the "Settlement Shares") upon Closing. Following Reverse, the issuance of the Shares and the Settlement Shares, there will be approximately 60,250,000 shares outstanding.



I'm of the strong belief we are going to get 'bushwhacked' on the proposed 1-for-2000 reverse stock split that was announced.


If this deal goes through, I'm of the opinion we can kiss whatever we have left goodbye!


This is just my opinion.


If you would like to know more, send me email at [e-mail]