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DD shows specifics as to mgmt's conversion of preferred shares to restricted common....
The NV SOS site is easily hacked
then i contacted expo holdings and <yeppers> asked questions
4kids... since it has been posted SEVERAL times...that EXPO/JD have connections to LOWES...across many *levels*...I must ask..
why wasn't LOWES listed as a retailer on the economypetproducts. com site?
After all.. Lowes does sell Dog Houses...Lowes does sell Dog Kennels. Did JD's connections at Lowes all pass away? At many *levels*? Thanks so very much in advance.
Don't be silly Mike....I see them plain as day. perhaps these are ETK Kennels...easy transitional Kennels....meaning that the lawn mowers pictured are actually Kennels which transition from lawn mowers into kennels...no tools necessary of course
Ah yes....the booming metropolis known as Jonesville,NC...
population 5,466
There used to be a Farmers Seed & Feed....it was dissolved in 1993.
How does the old saying go?... A picture is worth a thousand words?
In this case I would say a picture is worth a grand total of 6 words:
"Crossroads Hardware has been administratively DISSOLVED.."
Source N.Carolina SOS. Document ID: C201022412281: 8/12/2010
More David Koran? Good grief.. he has bounced from job to job.
Why no mention of Koran and LKN investment partners LLC.
You know.. LKN Investment and Unique Pizza & Subs. Koran helped pump that one along with HISC.PK.
Koran knows how the game works.
No veno....LOWES will continue to award D&D Displays unskilled contracts for however long JD is the lowest bidder.
And when D&D closes it's doors LOWES will find another desperate source for sheets of wood and display pegs. It's how things work in the real world.
sorry for your losses.
BMXD is definately being maintained and readied for a merger/acquisition......Cottone is Bongiovanni's stepson and I believe he was the 'other' co-founder of Guardian Registrar & transfer.
Another is GNTM Garman Cabinet & Millwork. Same T/A and Bongiovanni/Greentree connection.
Maybe a spinoff of Cima into one of these shells..complete with a share exchange that buries what JD and Glenn did with there EXPH shares from public view
Um...you do realize what NRS does..right? LOL
Wasn't Mr. Foster the head cheese of the now defunct/never got off the ground garage storage segment of D&D Displays?
The overlap// .. NRS is actually a competitor of D&D Displays'.
They design and manufacture displays.
There could be other overlaps as well....Maybe Foster needed some temporary storage space ..and he needed to dump some exph paper....so.. BINGO!!
Ho hum indeed. Or should i say ho HMMMM...Some missing info from the bio you posted:
Laura Koran filed a ucc against any and all current and future assets of gideon financial in order to secure payment of a $144k loan made By Ms. Koran to David/Gideon financial
Also missing .. and i can't imagine why :) .. is Mr. K's connection with Capital Resource funding(CRFU). Maybe it was the Hairmax International, Inc connection to Capital Resource Funding?
You know... the working agreement Koran made with Hairmax.
You know...Hairmax International which became China Digital Media Corp. Hey what ever happened to China Digital Media Corp? Hint: SEC revocation.
Koran founded Capital Resource funding in 2004... and for a measely 1 hundred dollars he sold himself 500 shares which he forward split into 10 MILLION shares of the company... all for only 1 hundred dollars.
Capital Resource funding then was merged/acquired and became CSGH. Under Koran's founding leadership Capital Resource Funding generated a grand total of roughly 37K in revenue....it took over two years to generate this huge windfall of revenue. On a side note...Koran appears to know how the game is played and where the money is regarding otc/pinks....hint: It's good to be an insider!
His pal Bongiovanni along with Bongiovanni's stepson Cottone 'helped' Koran go public.
why was all of this absent from the bio you posted? TIA
Please list the next person on your list..complete with a Bio
Bongiovanni- BMXD
The only party who needs to give the ok for the restriction to be lifted is the Transfer Agent.
they could accomplish the same via a merger with another turd.
Maybe BMXD for example
Good advice?
i'd be wondering what other entities might have an interest in carrying ETC products and do some DD in that *regard*
as i've also posted out repeatedly i look forward to the commentary post 9/1/2010 since it's VERY CLEAR to those of us who,ve done our DD~ that not only will there be a new CEO to discuss ..
I was all for ETC spinoff as a private entity far easier to access capital
Why Private companies pursue a reverse merger
Public companies potentially have access to FUNDING from a BROADER POOL of public investors.
JD is the one who should make "a call".
JD stated that the company owns the 3 fork lifts free and clear.
Southern Bank has documents on file that say 3 fork lifts are encumbered by a lien.
JD better be able to produce 6 fork lifts or he better call Southern Bank to ..*er*....straighten things out.
Please show the link that shows Mgmt "got a better rate"
I say JD and Glenn liked the- 'no personal recourse term' provided by Crestmark...much the same as why JD 'switched' factoring companies....you know....let the shareholders carry the load!
Simply go to the SOS site-North Carolina...then pick through the oodles of UCC's on file which relate to D&D Displays.
Click on file # 20080017211C.
*File record
Filing type-amendment Amendment action- COLLATERAL ADD
Affected Party-
organization name- D & D Displays Inc.
Authorized DEBTOR: D & D DISPLAYS,Inc.
Authorized Secured Party: Southern Community Bank & Trust.
The Financing Statement covers the following collateral:
Exhibit "A"
Altendor F-45 Slider 3400 & associated accessories SN: 0106154
OPTIMAT BHC 550 WEEKE & Associated Accessories SN:0250130800
EB BRANDT Optima KD 55 & associated accessories SN:0261027804
HOMAG SE 6400 with Return SN: 0200081886
MITSUBISHI FORK LIFT SN:AF3D00055
CATERPILLAR FORK LIFT SN:3AB01914
TOYOTA FORK LIFT SN:61830
This UCC is on file and has NOT LAPSED and it has NOT been terminated.
So...when JD did his shout out regarding the company owning 3 Fork Lifts FREE AND CLEAR he better be able to show at LEAST 6 fork lifts at the plant since according to the ACTIVE UCC Southern Community Bank holds a lien against 3 Fork lifts. If not.. one could surmise that JD is guilty of painting a fraudulent picture regarding the current financial state of the publicly traded company known as Expo Holdings.
The equipment is not paid off veno.....it's called: REFINANCED
moving in the right direction? nope.
It has been posted in this venue that companies dilute to support growth... yet since going public This company has not grown....it is shrinking...revenues are way down from pre-public-pre-dilution days.
How is that indicative of a company 'moving in the right direction'? TIA
You posted the UCC's along with commentary....commentary as in the words "PAID OFF".....you do realize there is a difference between PAID OFF and RE-FINANCED....don't you?
as for your tastes in cabinetry design and style...I really don't care.
Paid off Weeke RNC 550 BB&T Leasing
the most current info on when aspects were paid off come from mgmt via the PR issued after the SM held last sept.
SB.. It appears the SEC is building a model so to speak. This would allow them to identify pump and dump operations and begin a massive clean-up .. False and/or misleading PR's.. revenue claims that don't match up to reality.. multiple stock alert newsletter operations, etc....
I wonder... of the 17 recently suspended stocks.. how many of these 17 share traits such as:
How many of these 17 have boards on IHUB and other sites?
How many of the 17 which have a presence on message boards share similar 'messages'.... for example.. how many of the 17 have defenders/supporters who see no evil-hear no evil yet profess the NSS/MM conspiracy using misinterpreted data? And this misinterpretation is used to explain away the false and misleading news spewed by the mgmt teams of these scams.. Hmmmm... worth checking into
JD has NEVER issued a PR for the sake of a PR being issued.
JD issued his onslaught of PR's to create a market in order to dump shares.
what mgmt has to reveal next
Good points underdog.. this must also mean that JD and Expo really did acquire their first retail outlet in feb. 2008.. and EXPH owns a retail outlet in Chesapeake, VA which features The 1st Choice Closet and 1st Choice Garage Products.. after all JD announced the signing of a LOI in 2008 and no further update was provided...WOW!! Could someone post a few pictures of this retail outlet.. after all..I'm sure JD would warmly welcome shareholders to stop by....this is exciting.... a Big thank you to 4kids for breaking the JD/EXPH code!! : "If JD said it and didn't update it then it HAPPENED"
The first two .. no sticky note needed.
The third one .. The rumor that JD is a WEREWOLF.. until someone can provide a link to disprove that rumor.. it should be sticky-noted.
You are correct. JD and Glenn no longer have their personal assets pledged to the factoring service now provided by Crestmark. This is all documented and on file. The assets pledged are.. of course accounts receivables and any and all other assets of the company...
Not to worry..Here's some good news: JD promised an update on the DTC issue.. Now the BAD news: JD tells lies.
You should send your brokerage service a thank you letter.
Benefactor funding....the previous factoring entity used by D&D displays did require JD and Glenn to pledge their personal assets as well as the company assets.....but Crestmark waived the JD/Glenn personal asset pledge requirement.
Great post SBB..direct..on message.. yet the questions posed were ignored. WHY?
sorry to tell you but i am correct.
perhaps you would like to try again? OK....try this one out:
many, many posts rant and rave about the local gazillionaires who are connected to Lowes and EXPH....*across* *many* *levels* of course.
Yet .. I have afforded you the opportunity to reconcile the following with the "Lowes connection" innuendo:
JD pitched 2 initiatives to LOWES.....both initiatives were FLAT OUT turned down.
How could this happen if JD and Exph have LOWES' connected gazillionaires in their corner? TIA
since the above is a very direct and easy to understand question I will tell you that there is no need to include within your answer the words Macro, T-squared, Finra, Naked short, documented trade, take company private, integrity, transparency, learning curve, 90% complete, distribution footprint or market maker.
Lowes invoices go DIRECTLY to Crestmark.... the deposits.. which are PAYMENT IN FULL for CIMA jobs represent the infusion of cashola....the problem being additional weeks of payroll will drain the paid in full deposits.... on another note....
Don't you just love how JD is releasing 2010 financials... he is basically reporting them to the masses through shareholder updates and pr's........he mixes in the "May 2011 sales up 95% from 2010".... and "2011 1st quarter up 300+% over 2010"....what a JOKE.
Since 2010 gross revenue will be between 900k and 1m how in the world could there NOT be a 2011 increase?
BB&T should have read: BENEFACTOR FUNDING in my previous post(with all the ucc's hanging over the company's head I inadvertently typed in BB&T): Benefactor funding was dropped.....Benefactor funding was replaced by CRESTMARK..... the terms that changed were:
1) The amount paid for the factoring service went UP.
2) JD and Glenn were required to pledge their personal assets while Benefactor funding was utilized...Crestmark did not require JD and/or Glenn to pledge ANY personal assets. That is what MOTIVATED JD and Glenn to switch FACTORING Companies.
David Koran...a close associate of Bongiovanni's referred JD to Crestmark.....
who is Expo Holdings using for Factor financing ?
Crestmark commercial capital lending LLC.
BBT was ditched due to BBT demanding JD and Glenn offer up personal assets as collateral.
Crestmark took over from there .... JD and Glenn were not required to pledge their personal assets....it appears the factoring cost went up but at least JD and Glenn no longer had to pledge any personal assets.
In other words.....NOTHING WAS *er*.. 'PAID IN FULL'-as in debt.. BBT simply either collected what was due to them from D&D customers or any outstanding invoices were TRANSFERRED to CRESTMARK COMMERCIAL CAPITAL LENDING LLC...Factoring companies assume the invoices as debt...invoices are approved for advance based on the company which ordered the goods or services...the company did not benefit from this move.....JD AND GLENN reaped the benefits through absolving themselves of any financial liability.
I believe David Koran referred JD to Crestmark.
What exactly are you saying is a flat out lie regarding Lucky Losers post?
Fact: Many micro-cap companies were slapped with a trading suspension.
Fact: The companies mentioned do not file in a timely manner.
Fact: EXPH does not file in a timely fashion.
Fact: Per the article cited: Many of The companies slapped with suspensions are promoted by anononymous message board posters who fill in the blanks for companies who offer either misleading or no current information in a complete manner.
Fact: EXPH is promoted by anonymous message board posters who fill in the blanks for JD and the company.
Fact: Per the article cited: The companies under suspension issue misleading PR's.
Fact: EXPH has issued misleading PR's.
EXPO fits the description to a T.
so do tell.....where is the flat out lie?
Thank you so very much in advance.
oops...almost forgot.. 1) hints of mega-gazzillionaires with strong ties to LOWES- *across* many *levels* are repeated day after day ...yet why was JD unsuccessful with his pitch to LOWES: "Display Savings Initiative"... as well as his other pitch to LOWES: "Freight Initiative"? As a MATTER OF FACT D & D Displays now does less business with LOWES when compared to the amount of business done with LOWES pre "DISPLAY SAVINGS INITIATIVE"- and pre "Freight Savings Initiative".
2)The ETC debacle regarding Window World of Wilmington has NEVER been explained to the public through a company release yet an anonymous message board poster routinely posts ..as FACT... that it had everything to do with a CEO's untimely death.
ARE THESE NOT EXAMPLES WHICH MIRROR AN ASPECT OF THE ARTICLE CITED? tia
So what? AERP is a debt ridden shell which collects ZERO dollars from however many Aero Turbine mufflers are sold.
Why not post a link to all the Walmart stores in the Country...or perhaps a link to Shell Oil...after all....AERP collects the same from Walmart and Shell Oil as they do from Aero Muffler sales....ZERO
You do remember the Flo Co Deal;...right? LOL
NASCAR holds a SEVEN FIGURE judgment over the shell known as AERP.
This shell has NO ASSETS and NO source of revenue.....liabilities galore. Hope this helps
Hunsaker is selling frozen yogurt...maybe he'll take your shares as payment for a cup of frozen yogurt.....
You MISTER .. MISREAD SBB's post IMO.
the link would be to the post you responded to.
"those *lowes* connections that are *LOCAL* to the company..they are multiple <across many levels>."
Really? Then why was JD UNSUCCESSFUL when he pitched to LOWES a DISPLAY SAVINGS INITIATIVE? AND....why was JD UNSUCCESSFUL when he pitched a freight savings plan to LOWES?
Since pitching these two initiatives to LOWES D&D Displays has actually sold fewer displays to LOWES....whats up with that? TIA
solid?? growing??
Not solid and NOT growing per JD's own words. Employees as of may 2, 2011 = 37. Employees as of June, 2011 = 31. The company is shrinking and now consists of two unprofitable subsidiaries. Ya better stick to chicken.
They absorbed a twice FAILED company now called CIMA yet the revenue being generated between D&D Displays AND CIMA is falling short of the revenue generated in 2006,2007 and 2008 when EXPO consisted of only D&D Displays.
You do realize that CIMA was formerly Builders choice cabinets & countertops......right?
You do realize Builders Choice collected yet failed to submit withholding taxes to uncle sam to the tune of $100k+...right?
Is that a wagon you would hitch your horse to? TIA
good luck with the chicken thingy!
"if mgmt has lied/sold...."
Have you ever known a mgmt team of an OTC and or pink sheet stock to lie? Or would this be a first? TIA
Regarding the block of discounted shares given to the Southern Candle boys to settle a note payable.....when did these shares become free trading? TIA
"the ? for well over 12+ mos was would the co. survive?..
"its not due to my documentation." - I agree
the company 'survived' through dilution. Pure and simple.
"i was an EXPH shareholder b4 i *discovered* one *level*" -the devil you say!
the turn was ON for good by approx 11 am on 9/15/2009" - stunning..absolutely stunning...could that cause blindness?
"mgmt has both integrity and *legitimacy*" - as opposed to illegitimate integracy?
"there are no shares" - actually there are BILLIONS of shares.
"while waiting for the launch of ETC to come about on 9/15/2009" - How did the launch go?
"I actually started DOCUMENTING each and every trade" - Really.. I had no idea!!
"It was only because of the *stall* .. <aka curious trades>" - ok....so its a *curious trade stall*?? OK.. so its not a bathroom stall?
"there is no gray here" -where? Was it washed out?