Exobox with $3,512,385 million in debt,
400 Million shares of stock in the company is far from what I would classify as a "Clean Shell"
The reality is the stock trades a fractions of a penny and has averaged a grand total of $199.30 dollars per day in total liquidity.
The question that a person in Shaun Irvine's position should do is assess how you save and salvage the company. IMO he did exactly what he should have done.
First figure out how you are going to bring the company current on its reports.
Second figure out how to bring some value into the company.
He did both. People can dispute about whether that CBG was good or bad. I wish he could have acquired Apple computer but unfortunately they were not available I don't believe.
What that filing said was very smart on Shaun Irvines part.
keep exobox in place as it is and bring everyone some new value. If you understand a spin out we all would have had the EXACT SAME NUMBER OF SHARES IN EXOBOX THAT WE HAVE NOW. PLUS SOME SHARES IN CBG
The only thing that would have been for all of us is MORE VALUE -
EXOBOX would be current and have a chance to move forward and we would have shares in CBG that we never got a chance to find out what it would have become because it was NEVER COMPLETED because some SHAREHOLDERS thought it would be smart to file a lawsuit to make sure we didn't get any potential value.
If that lawsuit was so beneficial and the Shaun Irvine was so wrong- why has it been tossed from the Texas court?
News 
Market Data 
Discover 
