UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K


CURRENT REPORT


PURSUANT TO SECTION 13 OR 15 (D)


of the


SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported):  April 3, 2014




 

[exobox8knov2014final001.jpg]


(Exact Name of Registrant as Specified in Its Charter)


Nevada

(State or Other Jurisdiction of Incorporation)


 

 




000-51689

  

88-0456274

(Commission File Number)

  

(I.R.S. Employer Identification No.)

  

  

  

1770 Ximeno Avenue, # 104

  

  

Long Beach, California

  

90804

(Address of Principal Executive Offices)

  

(Zip Code)

 

(949) 945-8069

(Telephone number, including area code)

  

 


Forward Looking Statements

 

This Form 8-K and other reports filed by Exobox Technologies Corp.  from time to time with the Securities and Exchange Commission (collectively the Filings) contain or may contain forward-looking statements and information that is based upon beliefs of, and information currently available to Exobox Technologies Corp.s management, as well as estimates and assumptions made by management. When used in the Filings the words anticipate, believe, estimate, expect, future, intend, plan or the negative of these terms and similar expressions as they relate to us or our management, identify forward-looking statements. Such statements reflect our current view with respect to future events and are subject to risks, uncertainties, assumptions and other factors  relating to industry, our operations and results of operations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.

 

Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.  The following discussion should be read in conjunction with the periodic reports, including the  audited and unaudited consolidated financial statements therein,  of Exobox Technologies Corp. as filed with the Securities and Exchange Commission.

 

In this Form 8-K, references to we, our, us, or the Company refer to Exobox Technologies Corp. and its subsidiaries and controlled companies.


2



Item 3.02. Unregistered Sales of Equity Securities.


Effective upon the filing of the amendment to the Articles of Incorporation set forth in Item 5.03, the Company accepted the conversion by Mr. Shaun Irvine, the executive officer and director, of his 5,000 shares of Series D Convertible Preferred Stock according to their terms into 500,000,000 shares of common stock.  Upon the conversion of all 5,000 outstanding shares of Series D Convertible Preferred Stock into common stock, the Series D Convertible Preferred Stock, which was authorized by the Certificate of Designation filed on January 20, 2014, shall cease to be authorized.


The conversion was exempt from registration under Securities Act Section 3(a)(9)  as an exchange of securities of the issuer without the payment of additional consideration.  


Item 5.03   Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

On November 25, 2014, the Company filed a previously approved amendment to its Articles of Incorporation. The amendment was approved by the Board of Directors and by the majority shareholder acting by consent action pursuant to the Nevada General Corporation Law. The amendments are as follows: the number of authorized common stock was increased from 500 million to 3,000,000 shares; the par value was reduced from $.001 to $.00001 per share; the previously authorized but unissued Series A, B and C Convertible Preferred Stock was deleted; and the Series D Convertible Preferred Stock was also deleted effective upon the conversion of all 5,000 outstanding shares. (See Item 3.02 above)  The par value of the common and preferred stock was reduced since the common stock is currently trading below par value.


The increase in authorized common stock and the elimination of the specifically authorized Series A-D of preferred stock was to simplify the Companys capital structure. The Articles of Incorporation authorized the issuance of up to 10 million shares of preferred stock, with such preferences and limitations as may be determined by the Board of Directors. That provision was unchanged in the amendment, but since the Series A-D Convertible Preferred Stock was eliminated, the full 10 million shares are available for issuance. The Company has no present plans to authorize the issuance of any of the preferred stock.

.

Item 8.01    Other Events


On April 3, 2014, the Company filed an action against Zachary Tsambis in the United States District Court, District of Nevada for interference with prospective economic advantage and civil conspiracy. The Company alleges that Tsambis and others damaged the Company by filing a lawsuit in Texas, which ultimately prevented the Company from acquiring an equity interest in another corporation. Through discovery in the Nevada case the Company acquired the names of several individuals and one business that conspired with Tsambis to damage the Company by filing the Texas lawsuit. The Company has moved the Nevada court for permission to name the following as co-conspirators in the



3

Nevada case:

4



James Patrick Kerr

South Belt Air Conditioning and Heating, Inc.

Eddy Carpenter

Scott Carpenter

 

Ronnie Ragone

 

Mike and Dorthy Rodgers

 

Atakis Kontoulis

 

James Kubecka

 

Osama Gataani

 

Rick Hoover

 

Slade Lewis

 

Leona Robinson

 

Nick Distefano

 

Zandy Williams

 

Charles Sharpless

 

Ted Ramirez

 

Mike Rodgers

 

Kevin Lochridge

 

Bruce Gale

 

Charles Sharpless

 

Donald Bielat

 

Fern Travis

 

Jill Cox

 

John Barnes

 

Kevin Lochridge

 

Kevin Morris

 

Lonnie Anderson

 

Marc Cabian

 

Michael Rougeou

 

Mike Bowen

 

Nick Distefano

 

Noah Franklin

 

Charles Sharpless

 

Constatine Tsou

 

Rick Hoover

 

Phylllis George

 

Randy Hudson

 

Candice Morris

 

Raymond Morris

 

Mike Bowen

 

Sharon Baker

 

Stephen Thornton

 

Steve Adams

 

Steven Cain

 

Steven Peairson

 

Ted Ramirez

 

Vicki Davis

 

William McIlvride

 

JoAnn Tsambis

 

John Adling

 

Mark Anderson

 

Nicole Lawrence

 

Osama Gataani

 

Phyllis George

 

Phillip Ochs

 

Robert Hammons

 

Ron Swanson

 

Sean Metts

 

Sharon Baker

 

Steve Adams

 

Takis Kontoulis

 

Welsey Hendley


 




 

 


5


SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


By: /s/ Shaun Irvine

Shaun Irvine, Chief Executive Officer


Dated: November 26, 2014

 

 

 

 

 

 


6