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Anyone think that retail buyers picked up over 240 million shares in a short period this morning at .0001??? Insiders or friendlies as you say..got them and for good reason...veno
That is because the insiders are first in-line..
Now back to no volume??? veno
There are none?? LOL
Reread the thread from back when I called and my report to the board..Oh..and I am actually answering your posted statement from before..
"Veno, you have contacted them for an explanation and, to the best of my knowledge, have received none after many many months."
That statement is entirley incorrect..I got the answer and did post it here..Could be you missed it or didn't follow up on your own...veno
I agree 100% and I don't see where fourkids disagrees with these statements at all..
"Surprisingly enough 4kids, the only volume you will see now is dumping of newly minted shares"..
"Did you happen to notice that no large amounts of shares are being traded between all those pesky A/S increases?"
Did you happen to notice that after every AS increase that the majority of shares are being snapped up in increments of 9 and 10 million share blocks..Now either one retail buyer is loading up on these blocks or as I have said the shares are going to insiders and a couple of private investors..Regardless of what I have heard in return..absoultely nothing says a private investor can't pick up shares on the open market..Oh and guess what..you are also correct on as soon as all the shares are sold the volume drys up again..Now ask around..How many retail buyers have you heard bragging about getting their hands on the 100's of million shares that have come out over the recent months??
The one major problem that has occurred is that shares have been shorted when there were no shares to short and the opportunity to flip on news dried up completely at the same time..sounds like lots of fun coming..I'll stick around to see how it all turns out...veno
Good luck to you and your investment in EXPH...veno
I called and talked to several people over several weeks about the FTD situation..I put that info on this board..So I have made the calls..Get back to me when you get an answer on why no FTD's have been reported for EXPH since July of 09 and I will compare notes with you...veno
I would guess that Tyson Foods doesn't mind being located there.. What I really like is the fact that LOWES picked a small county in NC close to Wilkesboro as their headquarter location..That coupled with the fact that several current employees at EXPO are ex LOWES employees makes for some great inroads for a company like EXPO...veno
Actually..I believe we will hear much more than a comment or update..Just my guess..In my book the timing is close at hand..If the company has been in increased hours of production since the router was restored to full production..then the planned announcements that were delayed shouldn't be delayed much longer..The company has been very quiet lately..I believe by design..I also believe they have been quiet because a major change is coming in conjuction with the new CEO..They don't have to comment at all until they are ready..I didn't email the company because I like the suspense..Thanks again for the trading updates..they are very telling...veno
I think you might just get that chance and soon..
"maybe we can ask the new ceo."
We do know many things..
It all started with JD stepping down on 3/17/10..That after etc was not placed as was expected due to the death of the owner of that company..JD stated in that update that he had been offered by several shareholders his stake in the company and that he would not give up his shares..He also stated that none of the Board had removed their restrictions and had not sold their shares..
Immediately after that announcement..we heard of an offer for the majority interest of the company on 3/23/10..we don't know the date of that offer..
The AS was raised as we know on 3/16..4/09 and 5/11..
Kendrick was announced as a new board member on 8/24..It was interesting to read that he was mentioned as a "product manager" in the summary of the shareholder meeting on 9/16 and that he was on the road working for the company..The very next line said the new CEO had been chosen and was already working for the company..
During all this we read where the company is paying down debt and ramping up production in all areas..I believe as the company stated they wanted a stronger balance sheet for the beginning of the year for the change to new mangement..
Then in Oct the router goes down..The company then has to raise the AS several more times to compensate for the lack of production..
Some say that average retail buyers have been buying up the shares offered in those increases..While I do agree that some retail buying is happening..I believe that insiders and private placements are the ones getting the majority of those shares..
Funny how there hasn't been any talk about why the company would need two more board of directors or what happened to Kendrick's company?? Why add two more directors if the company is going under?? Why bring on Kendrick for the same reason??
I have a strong feeling that we will learn that EXPO has grown a little since we last heard and that the past structuring of the holding company itself has changed..The company has given clues..such as stating..we are moving away from the display side to focus on retailing..
My guess is that Kendrick is the new CEO and the company will look much different after that announcement is made..
Thanks 4kids for providing the daily updates of the trades made..It was interesting to watch the block trades done after each AS increase and then volume dry up to nill after each one..I would say that word hasn't been heard by some that EXPO is a scam as some would say..LOL..Thanks again and as you say..let's see what the company has to say..
So patchman as I said..I believe you can ask the new CEO your questions very soon..I'll bet you will have a bunch to ask...veno
It would be great to see anything you have to share from your plant visits or photos..It would seem that you are implying that those that have visited the company and reported here or have shared photos have made "unreliable" reports..I'll await your eyewitness accounts...veno
Well..if the investor had 50 million shares then and the investor has over 1.5 billion now and has control of the company..I don't think he or she minds what the pps is right now..The investor obviously believes that a huge profit down the road is in the making and must know why or he or she wouldn't have tendered the offer in the first place..
Like I said..I look forward to the transparency to come..
That includes whether or not the investor in question got control..Whether or not the company blocked the move and others have control now..The name of the new CEO and board of directors..The retailing of etc and the company's plans for the year to come..
It has been very quiet out of the company lately. A complete turn around in what I have witnessed since I have been watching this stock and I couldn't be happier..Could it be that the new incoming CEO is calling the shots which doesn't include giving out bits of info for traders to get in and out on a whim??
Like 4kids said..we now look to a "content driven run"..I believe that will also be a huge run to cover..coupled with some brokerages saying..Hmmm..where are the shares?? OOPS...veno
I agree that 22 million shares is peanuts..
Strange..with all the doom and gloom that more aren't being traded daily..One would think that with all the talk of the company going under and how bad everything is..that all insiders and private investors would be selling shares as fast as they can..volume traded however shows that is not happening..Anyone believing that the vast majority of those shares are in the hands of retail investors or traders are off the mark as well..
With that said and with management not selling their shares..what is not peanuts is 3 billion shares with the vast majority of them in the hands of insiders and private investors..all being held tight..I like that very much..If they are willing to hold on to their shares so am I..
Should be interesting to see how this turned out as well when full transparency happens..
3/23/2010 2:03:27 PM
"A shareholder representing over 50,000,000 common shares of the company has tendered an offer for the controlling interest in the company at a 25% premium to market valuation on a specific future date. Accordingly, a maximum cap to the offer has been also placed by the shareholder. This statement is intended to inform shareholders of the offer."
I am looking forward to the upcoming announcement of the new CEO and board members as well as direction given for the rest of the year...veno
I don't agree at all..
"January is almost gone and still no CEO announcement but this is all part of the master plan."
I believe that the plan was to announce the new CEO at the beginning of the year..I believe that the plan was also have the a stronger balance sheet in place before that announcement..The company's production was delayed and so were shipments..The new incoming CEO is already employed by the company in another capacity as was written..
"The company has identified its candidate for its currently vacant CEO position, and the candidate is currently employed by the company."
So actually the master plan was to get the balance sheet stronger and announce the new CEO..Any bets that is still the plan..I bet it is..
Lets discuss this more after the announcement...veno
I'll respond to your post after the news that is coming..
I do know much more now after further talks with those in the know..Have a great day...veno
Does it strike me odd that the company is paying down and in some cases paying off their debt early?? Not at all..I believe that the new CEO is getting ready to take over very soon..That the company's balance sheet will be much stronger because of the debt restructuring and increased manufacturing when that occurs..
I also believe that etc placement in the retail sector will result in a profitable company moving forward..
I could care less about AS increases and or resulting RS's if the company is on the verge of or is profitable..Also..I actually want the company to move etc into the private sector and reap the benefits of the manufacturing of a mass produced product..
I am a shareholder of record and I am not concerned..I do believe that news is coming very soon on the management change..new board of directors and the stronger balance sheet that will be the turning point to move this company forward in a big way..
Oh..and I also like what I see that the vast majority of shares are being held tight and IMO..that the vast majority of the AS is owned privately and by insiders..I do believe that we will also see that at least one investor now has over 50% of the shares locked up...veno
Well I have seen this asked several times..
"first of all....did you ask JD who the "creditor" is on file in Nevada...you know...the one holding the UCC??"
Why ask JD when your post suggests that you already know the answer..I'll ask you.."who is the creditor on file in Nevada...you know...the one holding the UCC"..??
I'll also ask this..Being a shareholder of record..why should it matter to me?? I really only care about the company paying off debt and creditors and moving forward without the large debt and credit burden..
I was quite happy to hear about the company's plans to pay down the debt and in one case pay off debt early..
"The company has two leases / loans related to equipment, one with BB&T and one with TCF Equipment Finance. The TCF agreement (originally over $250,000) has less than 10 months remaining at approximately $5,000 per month. The BB&T Agreement (originally over $191,000) has 5 months remaining at approximately $3,000 per month. The company intends to use additional capital to accelerate the payoff of these two major pieces of equipment. Once these two aforementioned loans / leases are paid in full, the company will focus on debts to individuals and organizations that have provided essentially "unsecured" loans. Resolution of these debts is critical to the company's plan to have a strong balance sheet by December 31, 2010. Further, the company has recently completed it's loan agreements and now owns outright 3 of its forklifts, and all of its other material handling equipment, including conveyers. All of these actions and intended actions are to strengthen the company's balance sheet. All of these actions and intended actions are in anticipation of a larger restructure of the company's credit facilities. The company expects lower operational costs and a lower selling, general, and administrative cost as a direct result of the elimination of this debt."
8/30/2010 9:43:41 AM
"The company recently paid off two large equipment related debts, one with BB&T and one with TCF Equipment finance. The company anticipates continued debt reduction in anticipation of a stronger balance sheet at the end of 2010. It is vital to the company to have an attractive balance sheet by January 1, 2011."
After the router delay..we know that the company worked extra hours to catch back up to the increasing production levels they were obtaining before the router delay..I would also expect that the company has continued to pay off more debt to do just what they said in creating a stronger balance sheet.
As a shareholder of record..I look forward to what other items of debt have been paid off and what the new CEO has to say about moving forward..Maybe he or she will say that the creditor you keep mentioning in your post is no longer a concern..In any case..as I said why ask JD when your post suggest you already know the answer to your own question??? veno
Really??
Who cares about suits brought against the DTCC?? I believe the topic is manipulative trading and the fact that no FTDs have shown up??
Oh and the SEC disagrees with you..
"The SEC has pointed out that most fails are usually temporary in nature due to administrative error by the end investor or the broker/dealer, though fails can also be caused by abusive trading activity. For that reason, the SEC and marketplaces monitor and investigate fails data to help uncover such activity"..
Pretty tough to investigate if no FTDs are being reported..If you are saying there have been no FTDs in EXPH since JULY 2009 just because the data provided stopped in that month..the answer to that misconception has already been posted by me..Still waiting on any proof stating otherwise...veno
Did you ever get a response as to why no FTD's have shown up for EXPH since July of 09??
http://failurestodeliver.com/datadump.aspx
The last date reported:
20090730 30216 E106 EXPH 4272340 Expo Holding, Inc. Common Stoc 0.01
By the way ..the short interest for the end of DEC 2010 was..
Dec 31, 2010 2,852,857 100%
I agree with your statement..
"Disinterested third party verifiable info is not welcomed by some"..
In fact I will go one step further..I will that bet certain third parties..as you say..will not take the time I took to get the answer on FTD's where EXPH is concerned and post it here with the source...veno
Considering that already went into effect Nov 10th 2010..
"What will you do when FINRA changes reporting to this new format."
http://regsho.finra.org/DailyShortSaleVolumeFileLayout.pdf
I would say he will do nothing different and report as always what the daily trading numbers are including short volume..Thanks fourkids for supplying the information to all shareholders of record...veno
My point being that this is my investment and not yours..I am free to invest as I choose and believe what I want to believe..I do not need a non-shareholder and previous trader in this company giving me advice in posts directed to me about my investment or speculation about what the company is doing now..
It is a fact that you have no idea what etc might bring to the company in profits given a placement like LOWES..It is pure speculation that etc would lose money for the company being placed there or anywhere for that matter..
The company has said they were reducing debt and have paid off items to reduce the negative side of the balance sheet..So again..there is no way to know if ongoing operations right now are not profitable..
So my point is..if your main concern is to not have anyone else invest in this company..then address your post to the general population and not me..as I don't agree with your assessment of this company..
It is my belief that the company will move forward under new management..It is my belief that etc will be a big seller that will result in profits for the company..It is therefore my belief that holding my investment is the right thing to do..
Once again..What you believe has no bearing on me nor will it change my opinion of the company..So what you speculate to be irrelevant you can project elsewhere..I believe that the company under a new CEO..employees of EXPO past relationships and completed projects to LOWES and HD and the acquiring of the CIMA brand to be very relevent to me as an actual shareholder of record...veno
So what is your point??
I am a long term investor in this company and have no problem with my investment choices..The company works with LOWES and has completed orders for them..I see that working relationship leading to retail implementation of etc down the road at LOWES and other major retail centers..I really don't understand the point of your posts..If you don't like the company don't invest..I like the company and the chances moving forward so I stay invested...veno
Yes..it is great that this small company can deliver their displays to companies like LOWES..I also like the fact that several employees of the company have worked at LOWES before..including a director and salesman that has retail ties to both LOWES and Home Depot..As far as etc is concerned..it is great to already have a working relationship with both..So I do agree it is "nothing shy of amazing" as you say...veno
In fact the only ones I trust are the ones that have visited the company and reported here or by email..The fact that I can and have verified what they report helps..As I said..to each their own..but this company will move forward in a big way when etc goes retail..That is why I am holding my shares...veno
My answer is yes..
"Can those sources be trusted?"
Considering everything I have seen at Lowes is completely inline with what they reported..In fact every picture that was presented here matched up with what I saw..Would you like to share your visits to the company so you can actually counter or confirm what I have heard?? If not I'll stick to eyewitness accounts of what is going on at the company..not speculation...veno
Really??
"Ongoing due dilligence which relies on the word of a practicing and proven prevaricator (JD Brown to be specific, Expo Holdings, Inc in general)"..
I know for a fact that 4kids as well as other investors here look to the investors that live in the area and to those that have visited the company and reported to us what is happening on a regular basis..I find what we have learned from those visits..not all by the way reported in this forum..to be very enlightening..
Speaking of which..what can you share with the board from any visit you have made to the company?? TIA for any recent info you have from those visits to the company...veno
I would bet that the vast majority of the outstanding shares are being held tight by insiders and private investors..
I would also bet that when the new CEO takes over that the first retailer for etc will be named..
Have a great extended weekend all...veno
I would be happy to answer your question..
"Since when do restricted shares show up on the tape"..
They show up on the tape when the company sells the shares to either retail investors or straight to the private and or inside investors with restrictions..That has always been the case and it is why restricted shares are counted as part of the OS..
Shares that the company keeps in its treasury and or the ones bought back are not counted in the OS..
As I said..It is easy to see that the majority of shares of the recent AS increases have gone to either insiders or private investors and are restricted..That is why the shares go off at the bid and hardly anyone can get many of them at that pps..
Now if you can find a link that says that restricted shares are not counted as OS..give it a shot..I already have several that counter your claim..
We also know that certain shares were taken by two individuals and were done so at a premium..To not include those in the OS would suggest that those shares have been sold for a loss..
Not a chance...veno
Actually from the first post on this subject
it was stated that new information was now listed on the Nevada site..As I said and is confirmed..There have been no new filings and no admendments since then..As I said..you may wish to believe there have been changes made..but the fact remains the Nevada site is unchanged..I can wait for further announcements and changes that will move this company forward..Your information is months old...veno
You mean 173 million shares bought..
We all know that the company had the shares to sell..what we don't know is which private investors and insiders bought them and what restrictions are attached..
Like you..I love watching this...veno
Still no change and I have been watching it closely..
It is the same as it was months ago..but you can keep trying to make it so..I will wait for the new CEO to be announced and the new filing of directors and management positions...veno
Considering that same info has been there
since the filing and hasn't been updated I don't see your concern..When the new directors are added it will be updated...veno
You are correct..so what is your point??
Many things have changed since the announcement of no AS increase was "anticipated"..I am a shareholder of this company and have no concerns over what has happened and look forward to the coming new CEO..Please answer this question..Have the AS increases effected your investment here??? veno
You are 100% mistaken..
Posting that the company would "announce" the new CEO
on or before the first..is actually a bald face lie in relation to what was actually prd..
"The company bald faced lied. They stated the CEO would be announced on or before Jan 1, 2011."
The company stated..
"The company has identified its candidate for its currently vacant CEO position, and the candidate is currently employed by the company.The company anticipates filling this position on or before January 1, 2011."
I see the word "anticipates" and the part about filling the position..I see nothing about announcing that it was filled or that the date was an absolute..
Again..I am a shareholder of this company and I am not concerned..In fact I am quite happy that a new CEO is coming on and that the company is working to get the debt reduced before announcing the change..I do not think that the candidate has backed out as you speculate..I do believe that the new CEO has been picked and is working for the company right now in other areas for the company..We should know soon enough who it is..I can wait for that to happen...veno
Well considering they already have decided on who the next CEO is..I would say they have met that timeline..When they decide to actually PR their selection and when the company is up to them..Until then..I would think that the router problem has played into delaying that announcement..
The company sought to reduce debt and clean up the balance sheet before the new CEO took over..I would say that will still happen in January..I am a shareholder in this company and I see no problem for the company to wait to get all ready for that official announcement..The question is..why are you so concerned about it happening or not happening??? veno
I think you should wait to see who the new CEO
and the new board of directors are first..See what is said and done and if you still don't like the change and I agree..I'll vote for you and your aquaintance if you want the job...veno
Who's to say that won't still happen??
"JD told me that ETC would be in mutiple retailers"..
In fact I believe that etc will be in multiple retailers this year and that the new CEO will be the one that makes it all happen...veno
We have seen no convertible debt structuring..
You are talking about selling shares to some off shore company at huge discounts which are dumped into the market at a profit..Again..that would indicate that the vast majority of shares have been absorbed by retail investors..Sorry..that hasn't happened here..In fact we do know that at least one round of financing was done at a premium to the pps by private investors..That is not death spiral financing...veno
Again with the PIPE funders and the management selling their shares??
No proof at all on that account..In fact with close to three billion shares OS and your doom and gloom post..the notion of close to three billion shares being absorbed on the retail side and being held tight doesn't add up..
The management says they haven't sold any shares and I believe them..In fact the only scenario that fits with the volume that we have seen..is that the vast majority of those shares have gone to the private investor side...veno
There is plenty of facts to back a conspiracy theory against this company as far as trading goes..If you let me post one of your pms to me to the board..It would show exactly what is taking place...veno
So what is your point??
To each their own..You may not like the company or the investment..but I like both and continue to invest..It is my choice as well as others to invest or not invest..Message board posts have no bearing on that one way or the other..I'll stick to my own DD...veno
I serious doubts about your doubts..
"I have serious doubts of whether JD Brown himself knows who the new "CEO/President/Co-President/????" is right now."
I would say JD knows exactly who is the incoming CEO and that for some time now the shots are being called by that person..I also believe that the new CEO will be much more transparent concerning who owns what..
"The company has identified its candidate for its currently vacant CEO position, and the candidate is currently employed by the company. The company anticipates filling this position on or before January 1, 2011. The company expects continued debt reduction up to this date, and the new CEO will take the leadership role with a stronger balance sheet under better transparency."
Your answer to my question as to owns the vast majority of shares was a non-answer..You talk of a scenario of a PIPE funder selling shares at a discount without proof..yet you discount the simple answer to the question..who would want the pps to stay down.?? Gee..could it be the ones or one that wants majority control..We shall see...veno