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ag729

12/17/09 5:26 PM

#25735 RE: I_M_Bandit #25734

"A min initial bid price of $3.00" what kind of reverse split are we looking at to get there?
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ucantfoolmee

12/17/09 5:50 PM

#25738 RE: I_M_Bandit #25734

Bandit,
I am not saying EXBX will not go to another exchange. What I am saying is that it would be BAD for us who are investors and for EXBX to have a $3 PPS they need to have revenue of $130 million or more. Maybe in five years but that is not happening in the next 5 years. As per Mr. Kampa it will be 12 to 15 months to code, than comes Beta testing which will be another say 5 to 8 months for low, another 1 to 3 months to fix any bugs and still Beta test. Than they can start with selling and that will take time to ramp up. so in about 2.5 to 3 years from now the AV will be selling with revenue. I doubt protect or detect will ever generate $130 million. Now if they can find more oil to the tune of $100 million revenue with protect and detect maybe. Even then we will have a PPS of $3 with a revenue of $130 million and at $200 million we would be at around $5 a share. Now that is all good for the company however to really trade with the big boys (Mcafee, SYMC, RMBS, ETC...) and have a PPS of $15 or more they will have to do a RS of around 1 for 4. Scott and Reggies continuous dilution is what really killed us. Dillon and Wirtz set it up for this to happen and allowed it.

Learn to separate the company from your investment. We are not the company we are investors. Whats good for the company is not always good for the investors.

Compare EXBX float to other companies within reason, do not try to compare us to MSFT or Google, etc... that have revenue in the billions.