Exobox Technologies Corp. announced a private placement of 5,000 series D convertible preferred shares at a price of $10 per share to its President and Director, Shaun Irvine for gross proceeds of $50,000 on January 29, 2014. The preferred shares are convertible into 500,000,000 common shares of the company which is equivalent to approximately 51% of its outstanding shares on a fully diluted basis.

On January 29, 2014, Exobox Technologies Corp. closed the transaction.