Exobox Technologies Corp (EXBX)

[FunkyCoolModena]

Ok I just did some quick research on this SEC Form SB-2.

http://www.investopedia.com/terms/s/sec-form-sb-2.asp

http://www.answers.com/topic/sec-form-sb-2



Assuming you are correct Mr. Owl about the need for the company to file SEC Form SB-2 as so to end up with 2 publicly trading entities, and assuming the company intended to file this SEC Form SB-2, would that Form SB-2 have been for EXBX or the newly formed PDX company? Maybe I should be asking, would that Form SB-2 have been needed to put EXBX back onto the OTC Pink Sheets or instead would it have been needed to list the newly formed PDX company shares?

Also, if the company CEO was truly honest about current EXBX shareholders immediately having stock in two (2) publicly traded companies (and if the company CEO was truly honest about EXBX remaining on the OTC Pink Sheets without interruption while also having some newly formed PDX company shares which would also be trading on a major stock exchange), could you think of any reason why the company simply wouldn't disclose this and/or provide written assurance?

Here lies all the confusion! Over and over and over again, I asked the company to explain how I, an EXBX shareholder, would end up with shares of stock in two (2) publicly traded companies, would end up with the same shares of stock in EXBX while EXBX still traded on the OTC Pink Sheets without interruption, and in addition, would end up with some newly issued stock in this new PDX company that also would be traded on some major stock exchange.


Mr. Owl, what the company CEO was repeatedly representing to me over the phone just all seemed to good to be true !!!


I stand by this following statement.. Exobox's CEO's representation to me was that everything (in regards to my investment in EXBX) was going to stay just the same, except in addition I would have additional stock in this newly formed PDX company.

Again, it just all seemed to good to be true !!!

How does a company whose CEO has described it as a debt-laden shell with little or no assets, no revenues, and no shareholder value acquire another company that appears to be a revenue/income producing business? The last EXBX Press Release was titled, "Exobox Technologies Corp. Announces Acquisition of Cheribum Builders Group LLC." How can a company that supposedly has nothing acquire a company that supposedly has something?

That is why I repeatedly asked the company for assurance (written assurance) that EXBX shares would not be split, that EXBX share structure would not change, that EXBX would still trade without interruption on the OTC Pink Sheets, all while getting some new shares in this new PDX company.

So again, can you think of any reasons why the company simply wouldn't disclose and/or provide written assurance of the representations that I just described? I'm not really looking for anyone to answer this. I have a pretty good idea why the company didn't make any written assurances, why the company failed to clear up any confusion, why the company failed to issue a clarification 8-K and/or Press Release prior to the proposed closing date of the proposed SHARE EXCHANGE AGREEMENT. And I suspect that every other EXBX shareholder also has a pretty good idea as to why the company failed to clear up this confusion.





Bottom line, my EXBX shares have a market value of $x dollars. Had the proposed SHARE EXCHANGE AGREEMENT gone forward, I strongly suspect my combined shares in both companies would have had a market value of less than $x dollars immediately after this proposed SHARE EXCHANGE AGREEMENT. That's just my opinion. Maybe the company can prove me wrong. Maybe they can't. We'll see.


Maybe etc has a thought on this? Maybe etc and boomersooner have some insight to this and/or answers? Maybe.. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97689441



Hopefully we'll all soon find out the exact truthful details relating to this proposed SHARE EXCHANGE AGREEMENT deal that the sole officer, director, President & CEO of Exobox Technologies, Shaun Irvine, tried to execute without a vote from shareholders of EXBX common stock.

Damn !!! What am I, a mirage ???






Sincerely,


ZTsambis
EXBX Shareholder
Go EXBX !!!
And I ain't quitting !!!!