"Interim Announcement
Dear Team
In light of the recent community discussion, we feel it is important that the options being
considered are shown to you to demonstrate a degree of transparency. We want you to be
aware that there has been much activity on a “rebrand” option.
A small group has put a huge amount of effort and time to bring to the table an option that gives
this project the best hope of both survival and of delivery.
At first, we looked at keeping and working under the Xtrabytes banner. However, if we were to
deliver working technology faster, we needed substantial investment and advice. Using the
advice, and gauging the general mood of the team and community, a rebrand seemed the only
route to take.
The first choice was to drop the Xtrabytes name in favor of a new name. That option was not
acceptable to Zoltan. A new proposal, considering Zoltáns wishes, was made.
The idea that there would be two separate projects was the next proposition. To appease
prospective investors, this meant that any link with Xtrabytes would need to be tenuous. From
all initial conversations with Zoltán, this appeared agreeable. Under this structure, Zoltan would
be under contract with the new Business Project. The Business Project will license all back-end
technology back to Xtrabytes to use to create community offerings.
Both projects would build their own UI/UX as needs for business and community would be
different - as would the brand identity.
Over the last couple of months, the team developing this option was supported by both
members of the graphics team and the web team. These teams developed an interim new
website, a roadmap, and a relevant URL, etc.
We were ready with an announcement a few weeks ago, ongoing conversations delayed this.
Please note that some initial approaches with seed funding were looking positive for the new
business project - to the degree that at one point we identified a team of 10 x additional
developers that would join us and help speed development up.
We must point out that this compromise of having two separate projects would potentially be
acceptable to investors while having two separate branches under XTRABYTES may not be
acceptable."

"We have developed progress to share. (The Business project will ensure much faster delivery.
The legacy of our friend and co-founder, Dave, would be delivered to the community project.)
First, we need agreement and confirmation for the direction we are taking.
A final question on how the token swap would work is still not finalized. An option to ensure the
survival of the Xtrabytes community project would be to donate XBY and Xfuel in return for the
new coin. Instead of being burned, the tokens would be returned to Xtrabytes to be used to
reward contributors. Holders could decide to retain their XBY and Xfuel tokens and remain with
Xtrabytes.
From a team perspective there would again be choices; to continue contributing to the
community project, or in time and once development is up to an identified point, contributing on
the business side (perhaps if you choose - even both)
Thank you"

So the solution is .. create 2 companies one with a bunch of money and new Devs and one with XBY and Xfuel bagholders .. Well sign me up what a wonderfull deal .. do you want me to Lube up my Ahole or u just gonna do me dry ?