is back in the U.S.A.
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Don't forget Dust. LOL
I think it's out of focus to protect employee privacy.
I'm hoping for an audio of the meeting so I can listen to either live or taped.
Can be current any day now.
full disclosure. - bought in at over a penny, first buy. Average now, .0014.
Close to 18 mil shares.
This is gonna run like a scalded dog. Imo.
Can't make the SM unless schedule changes.
When the PPS was .0007 and people were buying PP at .001, many here were shouting from the roof tops that it couldn't be true and that those who bought were completely ignorant or crazy.
They don't seem so completely ignorant or crazy now. Do they?
Tomorrow will be exciting.
*Legit* companies don't sponsor race cars just before they
start a major dilution campaign.
Better late than never. Go EXPH!
No, I have no proof per se
Congrats Yooper. This is gonna have a good run in my opinion.
No, this was just as likely the people buying in the .0003-.0009 range selling for some quick profit allowing longs to hoard up more cheapies, POOF. Just like that! Wonderful news and a good indicator of an impending total redemption of EXPH if not within days, at least as soon as their profitable recent financials are released. All IMHO.
SS
I personally have visited the factory, twice. On my most recent visit I saw more than a couple of pallets of plywood. There were cabinets in different phases of construction in about 15 workstations that I passed. There were many work stations devoted to the 20,000 display order for Lowes. These are flooring displays that are multiple piece displays. Each different style of flooring is secured to a 4x8 sheet of material. These are taken to the computerized saw which cuts them to specified measurements. This is done 5 - 4x8 sheets at a time.
Unless you have been to the factory and seen it first hand, to claim that this operation is a scam is speculation without proof.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52981892
Houston- we have a problem. The EXPH rocket is heading the wrong way for some. Thank God one of them is not me or any of my fellow longs. Tick Tock Tick Tock
You don't know the pps will head back to .0014.
You don't know it wasn't a "staged run".
It didn't work.
Great post, I agree 100%.
I keep hearing about a price collapse...where is it?
patchman, you seem to have a handle on FINRA short volume figures. This is the way the moderator of this board explained it. Is this correct?
Posted by: Renee Date: Thursday, July 01, 2010 8:01:08 PM
In reply to: fourkids_9pets who wrote msg# 74329 Post # of 76086
MM's do not scurry , 4-kids . MM's control all online trading with an iron grip .
By your term ' scurry ' when legit buying begins the MM's are legally allowed to use NSS to fill the buy orders to meet ANY demand ...that orderly market provision under Regulation SHO . Then when the legit buying converts to legit selling the MM's are then legally permitted to buyback the shares they provided on the run-up , thereby settling their trades and settling their LAWFUL use of Naked Short Shares . They have 10 to 13 days to accomplish the settlement of their trades ....and you betcha , they show up as SHORT numbers on the Finra lists . Those trades are short sales and NOT short positions .
...............................................................
So by the moderators explanation.
The 80% and 90% FINRA numbers are shares the MM's have sold that they do not own and will have 10 to 13 days to cover. If the volume is only less than 4 million and the Finra ratio is 87%, does that mean the MM's don't even have 4 million shares?
Thanks
IMO
Like I said this is the way we always did it.
No chance of cracking the face frame.
Edit - We worked in mostly laminate cabinets. I'll talk to my brother in law. They worked hardwoods.
Here is a recap of my posts earlier that include the photos taken during my last visit to the factory.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53446818
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53447091
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53447633
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53447829
Someone had asked about the doghouses that are built with the scrap material, so I took a picture of them too.
The way you fasten base or upper cabinets together and install them you,
1.) Set the cabinets next to each other.
2.) You line the faces side by side and clamp them together when they are flush from top to bottom.
3.) You screw them together behind the face frame in the base.
4.) Once all the cabinets have been fastened together you set them in place, level, shim and fasten to the wall.
You never fasten cabinets together through the face. The only time you drill any thing into the face is if you are installing hardware like Hinges , drawer pulls or handles, or drawer face fronts.
That's the way we always did it.
Hope that helps
A Few Million out of 240 Million Americans? I'll take those odds.
$15 billion industry. That was with a "B".
I didn't say they weren't related. I have no idea. I said Charlie Brown's not in the filing. I guess i should have been more clear. Can you prove any of this you say?
For the record...personally if I were to hazard a guess on this for cash, I'd say there is no way they are related. However, with the "good old boy" mentality of friends and family huddling up close to the PP and shareholder equity trough at EXPO, I just would like to make sure. Yes, Brown is perhaps in the top ten of most common names in America and it is, as I stated, probably a common coincidence. I'd just like to make sure since I've been reading all this "former Lowes executive" rumor that this isn't a brother or a cousin of JD Brown's abandoning a bad move to a faltering overseas company and coming home to run what is more and more seeming to be the "family" business. It would fit the EXPO "shareholder as free money to absorb debt" profile on the odd chance it is true. All IMHO.
It was sitting in a warehouse. I would imagine when the showroom is finished they'll slap some Pledge to it. The dust is the only negative, I agree.
From the Shareholder Update section of the website.
6/8/2010 10:44:20 AM
Expo's subsidiary D&D Displays, Inc. has begun production of mdf cabinet doors in a wide variety of styles for residential / commercial use. Team members recently gained from Builders Choice perfected this process and have brought this process to our plant. These doors will be used in conjunction with Etc. brand products to enhance variety and control costs. These doors along with a quality finish are nearly indistinguishable from solid wood doors.
With 1 coat black finish.
All those big piles of wood are being used in the flooring displays for Lowes. Each display has numerous laminate flooring style inserts. So 20000 of each style. The flooring is secured to the 4x8 sheet of particle board. The computerized table saw cuts them to the insert specifications. It cuts 5 sheets at a time. 1 man runs the machine.
One of the high end vanities from Cima.
Is Charlie Brown mentioned in that filing as the new Co- president? I hope they are not related.
------------------
From the last PR - Expo Holdings, Inc. (Pink Sheets: EXPH - News), via its subsidiary D&D Displays, Inc. has reached its production goals and is producing in excess of $10,000 worth of displays per day, which is needed to meet the scheduled project for use by Lowe’s Companies Inc.
Operations has met, and exceeded the production requirements for this project and is now producing steadily in excess of $10,000 per day of store fixtures related to this single project. Shareholders are reminded that these fixtures do not begin shipping and or billing until the first week of September.
I can't find anything negative about this except these fixtures do not begin shipping and or billing until the first week of September.
And that's not really a negative if you think about it.
IMHO
I think .0008 is still a great buy, as soon as PR's start hitting about about current financials, new CEO, stop signs, and insider holdings, on or leading up to 9/15... this thing is gone.
Nate
you saw exactly what pertaining to revenues, loans, dilution, debt, losses, accounts payable, liens, overdue taxes, leases, UCC's?
seriously, what exactly did you see regarding the financial solvency of EXPH?
I couldn't agree more.
Been there, seen it with my own eyes.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52981892
I trust my DD. It's cool as can be for me.
Good luck tomorrow EXPH'ers.
how could we ever know what their legal fees were in 2009 third and fourth qtr, they never filed!
From the website.
5/17/2010 11:28:22 AM
Expo Holdings, Inc. is pleased to announce that is has chosen Global Hardlines LTD. (GHL) as its sourcing and procurement partner.
GHL has been engaged to provide sourcing solutions regarding certain products in the Etc. (Easy Transitional Cabinetry) product line-up.
Charlie Brown, GHL, Stated, "GHL's framework of sourcing entails identifying, evaluating, negotiating and configuring supply across multiple geographic regions to reduce costs for the Expo team. We will tap into our resources to deliver great speed to market benefits while delivering the quality Expo Holdings demands."
Glenn Harrs, President, Stated, "We have served Charlie in the past as a Director with Lowe’s Companies, and we are excited to utilize his import expertise in sourcing certain portions of the Etc. program. In order to meet our customers margin demands, we will manufacture the ‘bulky’ portions of the cabinets in our facilities stateside, and will utilize GHL’s team to supply the importable product from overseas. Final assembly of most Etc. products will occur here in the United States."
According to GHL’s website globalhardlinesltd.com, they have offices located in the US, Hong-Kong, and China.
The company expects replacement of the stop icon on pinksheets.com with a yield sign, and further expects a current status to be achieved on or before September 1, 2010.
Maybe a pre-market PR of the new CEO? Wouln't that be nice???
GeneO
So kitting accessory packs with cabinets would provide diminishing returns because of the number of possible combinations...
Very well put venomen2002! I agree 100%.
Seriously? What material is it made out of? That sounds pretty flimsy! How are they attached?
How do they know which parts are required? Or would they just include all parts whether you use them or not? That doesn't sound particularly green or a cost savings...