Exobox Technologies Corp (OTCMKTS: EXBX) has been making an explosive move up in the charts in recent days on fast accelerating volume. This move comes after a serious run back in March after the Company announced Mr. James Roberts as the new CEO.
EXBX has been running up the charts in recent months as the Company transitions into the booming CBD sector as well as installs a new management team led by new CEO Mr. James Roberts.
Exobox Technologies Corp (OTCMKTS: EXBX) was established as a network security development and licensing company to capitalize upon the serious and growing need in the computer market for a reliable, efficient and effective proactive network security system capable of truly protecting computers from the menace of cyber threats such as Trojans, worms, viruses, spy ware and identity theft.
The Company does control some patents; Patents Assigned to Exobox Technologies Corp: ELECTRONIC COMPUTER SYSTEM SECURED FROM UNAUTHORIZED ACCESS TO AND MANIPULATION OF DATA: Publication number: 20100205666
Abstract: In general, the invention relates to a method for securing a computer system. The method includes monitoring an operating system in the computer system and trapping, in response to the monitoring, a process system call where the process system call originated in a host executing in the computer system. Responsive to the trapping, an isolated user environment (IUE) is created in the computer system. Creating the IUE includes allocating memory and persistent storage for the IUE. In addition, the IUE includes a file system filter driver (FSFD) configured to redirect Input/Output (I/O) calls originating from the IUE to the persistent storage, and a network interface/NDIS hook component configured to control network traffic originating from the IUE and destined for the IUE. The method further includes, after creating the IUE, loading the process system call into the IUE and executing the process system call in the IUE.
Type: Application, Filed: February 10, 2010, Publication date: August 12, 2010, Applicant: EXOBOX TECHNOLOGIES CORP. Inventor: Marcos Benjamine Pernia
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The stock has been on the rise since the Company announced on March 21 Mr. James Roberts has assumed the position of Chief Executive Officer of the Company. Both Mark Kerzner and Sara Gellatly have also been replaced from the board.
Mr. Roberts said, “I am pleased for this opportunity to guide the Company in a new direction, the focus will be to execute the company’s new business model which is in the CBD area. We want to develop a proprietary line of CBD products. Exobox Technologies Corp is also actively looking for acquisitions and mergers.”
Mr. Roberts added, “We are also in the process of finishing the accounting to bring the Company current in its reporting with the SEC, NVSOS and OTC Markets. We look forward to bringing to market a unique, effective line of CBD products.”
Exobox Technologies Corp. will keep both its shareholders and public completely informed of the entire process as the details continue to develop. Please watch for regular press releases about the Company’s progress.
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Currently trading at a $1.6 million market valuation EXBX has little assets or revenues and rising debt. EXBX is an exciting story developing in small caps; the Company recently announced new CEO Mr. James Roberts who stated: “I am pleased for this opportunity to guide the Company in a new direction, the focus will be to execute the company’s new business model which is in the CBD area. We want to develop a proprietary line of CBD products. Exobox Technologies Corp is also actively looking for acquisitions and mergers.” We will be updating on EXBX when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with EXBX.
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Disclosure: we hold no position in EXBX either long or short and we have not been compensated for this article.