Archive: October 26 – Bold Stock: Exobox Technologies Corp. (OTCBB: EXBX)

Archive from October 26: Today’s Bold Stock:

Exobox Technologies Corp. (OTCBB: EXBX)

Dear Members:

Choosing today’s Bold Stock EXBX was very easy. Did you see Friday’s press release for it?

Exobox Announces Completion of the Acquisition of Oil & Gas Assets With $22.5 Million of Proven Reserves

HOUSTON, Oct. 23 — Today Exobox Technologies Corp. (OTC Bulletin Board: EXBX – News; the “Company”) announced that it has consummated the acquisition of 16 income producing oil and gas wells located in Ohio that produce from the Clinton and Marcellus Shale formations from a private oil and gas company (the “Assets”). These oil and gas wells have a represented PV10 reserve value of approximately $22.5 million (based on current NYMEX pricing). It is intended that the cash flow and the net worth the Company will receive from the oil and gas Assets, will assist to further develop the Company’s software products and technologies. Furthermore, it is intended that owning these Assets will assist the Company in developing sales channels in the energy industry for its software technologies.

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As you can see, the company is very real and this acquistion is coming at a real discount. With this acquistion, the agreement for the return of 150 million shares to the company and the promise of more good to come, we are choosing EXBX as our BOLD STOCK for Monday, October 26, 2009

RECENT NEWS:

Fri, Oct 23, 2009
• Exobox Announces Completion of the Acquisition of Oil & Gas Assets With $22.5 Million of Proven Reserves
PR Newswire (Fri, Oct 23)

Fri, Oct 16, 2009
• Exobox Announces an Agreement for the Return of 150 Million Shares to the Company
PR Newswire (Fri, Oct 16)

Wed, Oct 14, 2009
• Exobox Announces It has Entered Into a Letter of Intent to Acquire $22.5 Million of Proven Reserves
PR Newswire (Wed, Oct 14)

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