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"Fortune 500 companies sponsor NASCAR more than any other Motor Sport"
I think "Motor Sport" is the key phrase there.
I know that I am venturing way off topic here, but I'd die to see a chart showing IQ vs. NASCAR viewership! I wonder why those are never published?
What isn't talked about?
Fair enough. We disagree.
Can you support the "most all" statement with a link? It may be true, but NASCAR sponsorship falls in line with generic products... trying to appeal to everyone.
Where I live we make jokes about NASCAR and wonder what people see in it... go figure? Then again few stores north of the Mason_Dixon line sell pork rinds "cracklings" neither! Must be a regional thing.
GLTY
"when it comes to a stock's pps being manipulated"
I thought that all EXPH manipulation theories had been totally proven incorrect with facts? Did I miss one?
"When the guy that can get you into Lowe's as a supplier comes to you"
I thought he already had an in with Lowes? Or did you mean Menards?
And an introduction is far different than getting you "in", no? So if one wants to sell product in a major home improvement retailer, all you need to do is sponsor a truck? I think not!
"Jd focuses on SALES and MARKETING- GOOD"
Good... if it doesn't mean spending more stockholder's money on any NASCAR races...
"smart move imo.."
At this point, what else can be done? The term "backed into a corner" comes to mind...
New CEO comes in, posts the truth on all fronts (hopefully), blames the shortfalls in promise vs. reality on JD, and asks for a clean start! Buy, Sell, or Hold depends on who they can attract to take this position. If we see Harrs put there, I know that I'd take that to mean that no one else would take the job...
That said... I can assume that we need to brace ourselves for some pretty bad news...
Will JD pay back the money that he owes the company now?
SBB, I think you are wrong about this event. $12 - 18K is beans, and likely any of a dozen large holders took the opportunity to buy at a discount. What you say is true in general, I just do not believe that it is in this case.
"First off, I owe no one any answer, especially you."
What is that supposed to mean? What did I ever do to you?
"ETC is a cabinetry company, they produce bath vanities, kitchen and garage storage cabinetry."
Are you disclosing nonpublic information that JD plans to market all cabinet sales (including the remains of 1st Choice) under the etc. name whether or not they have removable faces? If that is his strategy and it is public info, please provide a link for the board!
If true, that is a poor marketing decision in my opinion! Branding is important, and the etc name is inappropriate and confusing to apply to non-"transitional" product. Besides, if etc is destined to be selling $100M soon, why even bother with the other cabinets?
"Do you want them to form an entire separate corporate entity to produce non-removable face cabinets?"
Why not just continue building the other cabinets under the D&D name?
Just thinking out loud, but this approach baffles me.
"Do you realize raw materials have to paid for BEFORE they are shipped?"
Wait, but doesn't EXPH have a $1M line of credit??????? I read that in JD's PRs...
Why doesn't JD just tap his $1M "line of credit"??? You KNOW the answer.
OrdinaryGuy,
I'm still looking for an answer to this question:
You wrote: "All JD ever said was those were pictures of ETC. cabinetry, not they were the removable face cabinetry line."
And I asked: Since when is there a version of etc cabinetry that does not have removable faces? How are they transitional (as in e"T"c) if the faces don't remove?
Do you have a link Choir?
I haven't seen the camera working in some time either, but I admit I don't try every day. When was the last time someone saw it working?
"today's tape goes to the SEC
*ENFORCEMENT DIVISION* where i'm still
waiting on a callback from a question
posed a week or so back ~ "
How about the rest of the complaints that you filed over the past 6 months... heard back from them on any of those yet?
30-50% off is what I'd expect under the circumstances, also.
What I want to know is if Q3 and Q4 were even moderately profitable (I'd expect that on $6M in sales), why would they need cash so badly that they would max out O/S for pocket change... and then plan to PP another 100M down here?
I will say this though... a PP is much better than selling openly... IF the shares are restricted.
So is anyone here going to approach JD about the PP?
For the right price I'd buy 10M shares... but he'd have to answer a few questions first...
Anyone care to speculate what this means for 2010 guidance?
"Shareholders are cautioned that the company continues to anticipate volatile sales and performance in 2010."
"These numbers tell me one thing. The MM's manipulate 2300 stocks daily, shorting and covering for profit."
Funny, if you call FINRA... they'd tell you that the numbers that they generate don't mean that at all...
"I WOULD BE PICKING UP 10 MILLION SHARES TODAY ALONE."
TAKI... If you are serious this time, I'd suggest buying them via PP!
"THERE IS NO DILUTION...
ALL ONE HAS TO DO IS PICK UP THE PHONE AND AND ASK...."
Well, I guess that advice didn't work out so well, huh?
Good question. I'd like to hear what the discount was to the current price as well as find out if they will be restricted! They better be restricted!
"It seems JD is just raising enough capital to continue business"
If cash was needed, what does that tell us about Q3 and Q4?
Release the quarterly numbers already!
No trades at all today in 2 trading hours?
Looks like *DD* only goes so far...
I guess we can put to rest the story that the Divy was the cause of the gagged TA...
Looks like quite a bit of crow to go around here...
FWIW, I'm happy he cancelled the Divy and I'm happy the increase was only 10%.
James D. Brown, CEO, Stated:
3/10/2010 10:25:50 AM
The Company has decided to cancel its efforts to issue a private company dividend. Expo Holdings, Inc. will instead focus its attention on operating a division under the parent company Expo Holdings, Inc.
James D. Brown, CEO, stated, "After careful consideration, the board of directors has agreed, to cancel any efforts to issue a private company dividend. Unforeseen difficulties in this process have prompted this final decision. Originally, the company intended to raise funds privately."
Yesterday, the company submitted the necessary documents to raise its authorized shares by 10% to one billion one hundred million. The change was submitted in anticipation of the need to raise capital to support it's 2010 initiatives which now include the etc. Brand. Additionally, 10,607,782 shares have been issued to a private investor. The current shares outstanding is 1,000,000,000. Guardian Registrar & Transfer, Inc. our transfer agent may be contacted after today at 954-915-0105. The company anticipates meeting with several current shareholders to arrange additional private placements.
Shareholders are cautioned that the company continues to anticipate volatile sales and performance in 2010.
Sure, FINRA lies about their own reports. Try calling them and asking the correct questions. The statements you are supporting have been widely discredited throughout iHub and most other stock boards...
Yes, those pesky explanations of the actual meaning of their published numbers from FINRA themselves just can't be trusted!
"q3 and q4 coming out hopefully soon. Give it a chance. Then chase the pps upwards imo"
I liked this one posted today!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47616966
"The FINRA numbers are, no matter how you slice it, in effect still shorts."
Absolutely not... FINRA daily short volume is 100% totally different than actual shorts of a stock.... There is no connection.
To plagiarize someone on another board: FINRA daily numbers are like counting the number of people entering a shopping mall, not counting those leaving, and later publishing a report that they are still all inside after the mall has closed.
I can't possibly explain it any better than it has already been explained here...
The FINRA daily numbers are utterly meaningless... PERIOD... CASE CLOSED!
It is coming up on the 6 month anniversary of the site's launch!
"Don't bother sites like American Bulls. They base their recs on chart action."
Agreed. I have always maintained they are beyond useless for stocks that trade like EXPH. 300 shares at the close can trigger a buy or sell rec.
I guess American Bull changed their mind pretty quickly, huh? EXPH cut to HOLD.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=EXPH&MarketTicker=OTC&TYP=S
"BUT I'M SURE WHOEVER BOUGHT EXPH IS GOING TO MAKE $$$$$$ ON HIS OR HER INVESTMENT!!!! "
That's funny, the rest of us longs have our knees knocking together waiting for the next shoe to fall... what do you know that the rest of the EXPH world is not privy too?
"All JD ever said was those were pictures of ETC. cabinetry, not they were the removable face cabinetry line."
Since when is there a version of etc cabinetry that does not have removable faces? How are they transitional (as in e"T"c) if the faces don't remove?
The takeaway from that conversation should be:
"Market Makers (MMs) generally don’t want to hold their naked short positions because they don’t want to expose themselves to the risk because it costs too much for them to cover if the stock starts going up."
C'mon dude... everyone knows Americanbull is useless...
EXPH players having trouble finding anything legitimate to discuss?
"what the hell kind of short is that? Surely the word "actual" would apply!"
Maybe and maybe not... an ACTUAL short will show up... but so will a momentary imbalance in a market maker's position... which IS NOT an ACTUAL short!
A few flurries do not make a snowstorm!
Spring,
I have posted here that I have vast patent knowledge and hold many patents myself. Let me give you my 2 cents on the subject.
Public Disclosure is extraordinarily black and white. If you do something with your invention that meets the criteria for public disclosure, you have one year to file a patent in the US and Canada (and a patent has been already lost in the rest of the world)... after which you simply can not get a patent and your invention is public domain and anyone can use it. This part is indisputable.
There are two questions that need to be answered:
"Did Expo publicly disclose the invention prior to the patent filing?"
"If so, when did Expo publicly disclose the invention?".
I'll try and cover these 2 questions this weekend... time permitting.
All my posts regarding patents are IMO, and one should consult with a patent attorney for confirmation before considering it as fact.