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Omega, thanks for that info. I have also had various trades *identified* as conspiracy trades...
All that penetrates the foil is that WE are the ones behind the conspiracy rather than the reading of the l2 teas leaves is dead wrong!
TAKI,
What is your take of the coming EXPH news? Are you still holding?
I have to say that the last time I was in a penny stock where shareholders began to compare notes on their holdings and sum them up... and they added to well in excess of the A/S... it didn't turn out well! There were far more shares outstanding then the A/S... the company is no longer around and people went to jail!
I do not believe that to be the case here, but rather the totals posted by 4K are simply wrong... I think a rational individual would conclude that at least one person on that list MUST be lying about their holdings!
It really isn't so much who you talked to, but rather what you asked...
Tell you what Penny... send them say this post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47356938
And ask them to correct it if/where it is wrong...
Fair enough?
iHub has many reports of discussions with FINRA that reflect exactly what I have verified with my conversation with them. For example, my favorite is this one:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47356938
But this one also brings up an interesting point about restricted share selling:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50105799
As I posted after discussing it in depth directly with FINRA on March 3rd:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47355431&txt2find=finra
I think the closet and garage storage division was put on the backburner along with the Southern Candle acquisition...
Does anyone else see the irony of the fact that Expo was going to buy SC... and now SC is buying shares of EXPH?
I know that I was NOT on the edge of my seat in anticipation of an earnings date from Yahoo Finance that was probably created based on a random number generator...
I don't believe the failure to acquire SC was ever formally announced by the company... it was left as maybe something that will happen in the future...
Interesting parallels to the WW deal though... A formal announcement/PR/hoopla... followed by a footnote on their website saying it wasn't happening the very next day...
All we'll see is that the Yahoo date is, and always was, erroneous data...
Veno/SR,
I'm not sure that I understand this at all... I've never seen anything like this!
Let me try to grasp this...
1) Expo needed to buy some machinery for about ~$500k.
2) JD & Glenn take out bank loans for the company and personally guarantee them with their own assets (let's say their homes).
3) They then take the equivalent ~$500k *loans* in cash from the company.
Is that how their loans came to be? If the company had ~$500k in the bank at that point... why were they taking out a ~$500k loan in the first place?
Let me assume that that is correct until someone steps in to explain to me how it is wrong...
Now let's say JD/Glenn had just taken out the ~$500k in home equity loans against their homes to get ~$500k in cash with no Expo involvement at all. They'd have the ~$500k, and larger mortgage payments.
Instead, basically the way they did it, was effectively like JD/Glenn taking out home equity loans from Expo rather than a bank... effectively putting Expo in the mortgage business at the height of the housing bubble...
So Expo finds itself cash strapped and massively diluting because their cash is tied up in JD/Glenn's homes?
Are JD/Glenn at least making monthly payments as they would if they took the home equity loans out directly? Does anyone know if they are making the company payments on the loans?
Can someone explain where this scenario is wrong?
I could be way off base here so no one take this speculation as fact, please...
Every time I see a perfect channel and play it... the channel never holds! LOL!
Seems positive to me... if it is true!
I'm not saying it isn't true, but I just can't fathom why anyone would pay $57,500 for shares they could buy for $24,000 on the open market and not have to agree to a restriction?
Can anyone explain that to me?
Why is there no insider buying?
Afterall, if what the euphoric bull camp would like to believe were true... shouldn't those that *know* be acquiring every possible share here? Like "mortgage your house" type buying?
And yet you can pick shares up today at .0003...
Jerry,
The company has apparently chosen to stay mum on this issue making them look guilty of something... personally I think that was a big mistake! Unless, of course, they WANT their shareprice to tank? Do they?
This does seem to me to be the only logical explanation for the last many months of inexplicable (if not outright bizarre) actions by management...
Someone has been selling a *ton* of shares lately... and I'll bet dollars to donuts that it is not shorts or wash sales! So where are the shares coming from? There are really only 2 choices... the dilution shares are hitting the market, or at least one major shareholder is selling! That is reality.
I strongly believe that Yahoo is wrong on that earnings date due to the fact that none of their EXPH info is up to date...
Is there any confirmation of a Monday earnings release besides a waaaaaay out of date Yahoo page?
Dumb question...
Is Glenn Harrs a full time employees of Expo?
I always assumed so, but I've never seen any specific discussion of that one way or another...