Prospectus Supplement to Prospectus dated January 25, 2008
Filed Pursuant to Rule 424(B)(3)
File No. 333-147332
EXOBOX TECHNOLOGIES CORP.
4,550,000 Shares of Common Stock
We are supplementing the Prospectus to correct the list of selling stockholders on page 21 of the Prospectus as it pertains to David LeBrock, in order to correct an error. David LeBrock’s warrant to purchase 90,000 shares of common stock was split between himself and his brother Russell LeBrock. Therefore, the Selling Shareholder table below reflects David LeBrock owning a warrant to purchase 45,000 shares of common stock and Russell LeBrock owning a warrant to purchase 45,000 shares of common stock. The Selling Shareholder table should read as follows:
SELLING STOCKHOLDERS
The following table sets forth the names of the selling stockholders, the number or shares of our common stock beneficially owned by each selling stockholder as of the date of this prospectus, and the number of shares being offered by the selling stockholder. The table assumes that all warrants are exercised into shares of our common stock, that all such shares of common stock are sold pursuant to this offering and that no other shares of our common stock are acquired or disposed of by the selling stockholders prior to the termination of this offering. The shares of common stock being offered are being registered to permit public sales, and the selling stockholders may offer all or part of the shares for resale from time to time. All expenses of the registration of our common stock on behalf of the selling stockholders are being borne by us. We will receive none of the proceeds of this offering.
We are registering shares underlying warrants that were issued in connection with a private placement. During October and November 2005, we issued 50 units comprised of convertible preferred stock and warrants to investors in a private placement totaling $1,000,000. Each unit was issued for $20,000 and was comprised of 2,202.985824 shares of Series B convertible preferred stock and one redeemable common stock purchase warrant. Each warrant may be exercised to purchase 90,000 shares of common stock at an exercise price of $0.20 per share. The warrants are detachable and exercisable at any time on or after October 31, 2006 through October 31, 2010. Additionally, we are registering shares underlying a warrant issued to a consultant to purchase 50,000 shares of our common stock at $0.25 per share and expiring in 2011.
Except as set forth in the footnotes to the table below, no selling stockholder has held any position nor had any material relationship with us or our predecessors or affiliates during the past three years.
| | Shares | | | | | | | | | Shares | | | | |
| | Beneficially | | | % | | | | | | Beneficially | | | | |
| | Owned | | | Ownership | | | | | | Owned after | | | Percent of | |
| | Before | | | Before | | | Amount | | | Completion of | | | Outstanding | |
Selling Stockholder | | Offering | | | Offering | | | Offered | | | this Offering | | | Shares | |
Fred C. Colston III(2) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Brett Anthony Davis(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Theodore L. Harris((1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
James Randall Bradshaw(1)2) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Christopher S. Sadler(3) | | | 768,096 | | | | * | | | | 180,000 | | | | 588,096 | | | | * | |
Debbie White(1)) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Steve LaCaze(2) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Sharon Wilkinson Griffith(1) | | | 2,001,339 | | | | * | | | | 90,000 | | | | 1,911,339 | | | | * | |
Thomas J. Colston, Sr (1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Margaret F. Herman(1)) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Paul D. Martinez )(1) | | | 1,286,786 | | | | * | | | | 90,000 | | | | 1,196,786 | | | | * | |
Zelda D. LaCaze(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Chris Hoover(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Joyce M. Harris) (5) | | | 95,912 | | | | * | | | | 22,500 | | | | 73,412 | | | | * | |
Max Bowen(2) | | | 768,096 | | | | * | | | | 180,000 | | | | 588,096 | | | | * | |
Doyle B. Lohman((1)) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
James Robert Crawford(3) | | | 1,152,145 | | | | * | | | | 270,000 | | | | 882,145 | | | | * | |
David H. LeBrock(7) | | | 192,024 | | | | * | | | | 45,000 | | | | 147,024 | | | | * | |
Russell LeBrock(7) | | | 192.024 | | | | * | | | | 45,000 | | | | 147,024 | | | | * | |
Sara D. Herman(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Robert L. Hammons, Sr. (1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Phyllis Burgin George(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Richard A. Evans (5) | | | 7,931,407 | | | | 2.18 | % | | | 90,000 | | | | 7,841,407 | | | | 2.16 | % |
Albert Mendoza Jr. (1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Richard B. Marks(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Linda D. Marks(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Bruce Bechtel(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Richard Duncan(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Vance Duncan(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Michael T. Rougeou(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Camilo Barreda(2) | | | 768,096 | | | | * | | | | 180,000 | | | | 588,096 | | | | * | |
Gary L. Little(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Huey A. Moore(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Lonnie Anderson(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Brian Hutson(2) | | | 768,096 | | | | * | | | | 180,000 | | | | 588,096 | | | | * | |
Cory W. Scott(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
David Munoz Sr. (1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
David Brian Russell(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Jose A. Bautista, Jr. (1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Ramin Amini(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Albert C. Prendergast(2) | | | 768,096 | | | | * | | | | 180,000 | | | | 588,096 | | | | * | |
Melissa E. Johnson(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Cheryl Rhode(1) | | | 384,048 | | | | * | | | | 90,000 | | | | 294,048 | | | | * | |
Danny R. Hughes(1) | | | 6,927,371 | | | | 1.91 | % | | | 90,000 | | | | 6,837,371 | | | | 1.88 | % |
Carol Sue Bradley | | | 96,045 | | | | * | | | | 22,500 | | | | 73,545 | | | | * | |
Robert Lewis | | | 96,045 | | | | * | | | | 22,500 | | | | 73,545 | | | | * | |
James E. Vessel | | | 96,045 | | | | * | | | | 22,500 | | | | 73,545 | | | | * | |
Kevin Regan(6) | | | 1,600,000 | | | | * | | | | 50,000 | | | | 1,550,000 | | | | * | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 37,413,111 | | | | 10.5 | % | | | 4,550,000 | | | | 32,863,111 | | | | 9.3 | % |
(1) | Includes a warrant issued in connection with a private placement to purchase 90,000 shares our common stock at an exercise price of $0.20 per share. |
(2) | Includes warrants issued in connection with a private placement to purchase 180,000 shares our common stock at an exercise price of $0.20 per share. |
(3) | Includes warrants issued in connection with a private placement to purchase 270,000 shares our common stock at an exercise price of $0.20 per share. |
(4) | Dr. Evans has served as a director of the company since 2005. He purchased the warrant, of which the shares being registered herein underlie, in connection with our private placement memorandum. |
(5) | Includes a warrant issued in connection with a private placement to purchase 22,500 shares our common stock at an exercise price of $0.20 per share. |
(6) | Includes a warrant issued in connection with consulting services to purchase 50,000 shares our common stock at an exercise price of $0.25 per share and a warrant to purchase 1,500,000 shares of our common stock at an exercise price of $0.30 per share. |
(7) | Includes a warrant issued in connection with a private placement to purchase 45,000 shares our common stock at an exercise price of $0.20 per share |
You should read this prospectus supplement in conjunction with the Prospectus, which is to be delivered with this prospectus supplement, and this prospectus supplement is qualified by reference to the Prospectus, except to the extent that the information in this prospectus supplement supersedes the information contained in the Prospectus. This prospectus supplement is not complete without, and may not be delivered or used except in conjunction with, the Prospectus.
Investing in our common stock involves a high degree of risk. See “Risk Factors” beginning on page 4 of the Prospectus for a discussion of certain risk factors that you should consider. You should read the entire Prospectus before making an investment decision.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.
The date of this Prospectus Supplement is March 7, 2008