Replies to post #22980 on Exobox Technologies Corp (EXBX)

[sandman1b]

its actually 115k a month not 200k

[iagman]

<You are not worried the company will sink.
It is in a very negative trend with good news coming out. They have a $200,000 per month cash burn rate. They will need to sell slot of product to be able to compensate for the expenses. Not to mention the debt is rising and interest is increasing>

And yet, Trader501, five years later they are still here with a first class, experienced team and two products. Not to mention some recent impressive connections.
IT'S A MIRACLE, A MIRACLE, I SAY!!!
Just goes to show you, Providence trumps fruits born from habitual skepticism and disagreeable tendencies.
Exobox boils down to this; believe it or leave it. At some point the bash, slash, and dash team will wish they too were on board.
But then, I suspect they already are. Don't you?
iagman

[littleraindrop]

"You are not worried the company will sink. It is in a very negative trend with good news coming out. They have a $200,000 per month cash burn rate. They will need to sell slot of product to be able to compensate for the expenses. Not to mention the debt is rising and interest is increasing.

Just curious???"

Sure, those things concern me. Yes, numbers usually do tell the game. Exobox is somehow far different than all the others. Obviously numbers do not tell the story here, 5 years later they are still here, and moving forward rapidly! They have a great team that has jumped ship from companies that you don't leave, or salaries that you don't leave, or notoriety that you don't walk away from. Not to mention, they have 2 products now that are one-of-a-kind, and from the reports from the mixer, they are exceptional. Microsoft did not have any of these things when they got started, they just ripped off Unix and made their own version of it, and look where they are today.
To answer you question, No, I believe this company will survive, thrive, and make the longs very happy people. Faith, and patience.