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AskMrOwl

06/22/09 6:31 PM

#20109 RE: bitman #20103

10-Q Where to begin?

Perhaps here:

"During May and June 2009, Exobox sold 10,924,999 shares of common stock in private placement transactions and received total proceeds of approximately $400,000 in these sales."

This means that Exobox is selling private placement shares at $0.0366 each. Much worse than the .06 that the prior management is getting shares issued at.

More to come...