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"Only 10,000 store fixtures contract could easily bring $17M revenues($1700 per store)."
What is the source of your $1700 fixture price?
"WHO ARE THE TOP THREE HOME IMPROVEMENT COMPANIES?"
Home Depot, Lowes, and Menards? Am I right? I'm not sure about Menards...
"but i thought you might
have more specific knowledge
based on some of your past posts"
Nope, you were mistaken...
Just what is available on www.easytoinstall.com, why?
Are you going to answer my question? This is headed OT and will probably get deleted.
"i'd rather hear your take
on that subject than mine"
I have no take on that subject as I have no idea what you are talking about. Please elaborate...
4k...
Can you elaborate on this point please?
"they created a product that can and
will replace one already in existence
and in doing so they upset a few apple carts
including *one* .. here"
Whose apple cart did EXPH upset?
It is legit...
You can trade commission free on Ameritrade if you open a new account with them.
http://www.tdameritrade.com/offer/special.html
Yes, the market is open tomorrow.
Taki,
I'm confused, what is the relevance of this link?
Pinksheets is sometimes the best info out there, and many investors use this for research. Getting rid of the stop sign should be a top priority!
My best to JD and his dad. Anyone have an update?
Do you own the car in your picture? I own 3 "Stangs" myself!
"I don't know either..but it could be that your cabinet designs and or patents you say you have..just might be in competition with EXPH in the near future.."
"Name one cabinet that you have designed that is being sold or might be sold by a major retailer?? TIA"
Cabinets are not just for storage... Wooden enclosures are called "cabinets" too! 99% of the distribution of what I have designed is not sold though retailers. It is not possible for the product to be in competition with EXPH...
EXPH should probably explore making product enclosures rather than just cabinets and store fixtures...
Don't rub it in...
Like everyone here doesn't wish they were aware and bought EXPH at .0006? :)
"The success of this product seems pretty evident. You don't want it to succeed?"
I wouldn't say evident, IMO, but I hope it succeeds. There are many people invested here... I certainly don't want them to lose money!
"HUM wonder why?"
I don't know... why do you think?
"This one is not that complex, you might want to have a talk with the CEO? : ))))"
Your point makes NO sense! Aren't we talking about the statistics of patents and the probability of commercial success of them? How will talking to JD address that?
"I forgot to mention that currently most cabinetry stocked currently are imported. "
I'm not sure what your source for this is? I looked around HD and Lowes and it seemed that 100% of what I saw was domestic made. I think all or most of Ikea's stuff is imported.
Thanks for posting that Taki!
"Did you call JD regarding your questions with EXPH? I'm sure he'd love to talk to you.....let us know how it goes....we all want to know"
- I doubt he'd take my call... I'm sure he hates me for not accepting things at face value.
"I would have to guess by your post
that at least one or more of your patents deal with cabinets since you posted this.. "
- Nope. I have worked in many different industries.
"Could you please supply us with a link to one of your patents that is in direct competition to what EXPH is offering"
-Nothing that I have ever designed competes with EXPH in any way.
Thanks for the link. Very interest bit there on short selling from Cramer.
"Could someone forward these questions to JD so he can answer them? I'd suggest someone who has been in frequent communication with him."
Has anyone stepped forward to volunteer to forward those questions to JD? It seems like he really needs to put some of these concerns about NDAs on everything to bed!
Excellent questions! Do you plan to share the answers with the board? Please do!
I anticipate his response to be:
1) No comment
2) No comment
3) No comment
4) It is not our fault that cabinets have countertops! Our product requires NO TOOLS to install.
5) No comment
6) No comment
7) No comment
8) No comment
9) No comment
"let me know if you want a link sent to you
showing exactly what would come to pass ~"
Please do!
" live in NC and have contacted MS. Fox, Sen. Howard Coble, Sen. Kay Hagan, Congressman Mel Watt, Congressman Bob Etheridge, Sen Richard Burr and etc......"
- Somehow I doubt the potential manipulating of a penny stock reported by an unhappy shareholder after a price decline will make it onto their daily agendas...
Good luck with that!
Thanks, I'll have to look for it.
Current product of this type is definitely less than $300 retail. Seems to be closer to $225.
"if you listen he says the average price is 800, some lower some higher"
Do you know where exactly that part of the CC is? I seem to remember him stating $800 and up.
Hooka
Have you gotten an answer to that last round of JD questions from the board yet?
I'm dying to find out where JD got the $800 starting number from for the etc product.
What NDA are you referring to? Is there an NDA on the $12k order? Why would there be an NDA on a sample order? Seems strange to me...
Good post. I'm not sure traders care much about the fundamentals... they're just hoping for another pop to sell on some non-event, like the announcement of who the 10k order is with... which doesn't affect the bottom line one iota!
"Why patent something if it is not going to be excepted by the ones it is intended to be sold too...makes perfect sense to me..."
They DIDN'T patent it... they spent $220 to file a provisional patent... they have 1 year to actually file a real patent!
Not sure about you, but $220 is a nice dinner out, not a commitment to a product line...
"I KNOW THIS PRODUCT WILL BE IN ALL THE HOME REMODELING STORES, otherwise he would not have PATENTED the products. Think about it"
Youe logic is totally contradicted by facts. 99.8% of patents fail... Only 3,000 patents out of 1.5 million patents are commercially viable.
Think about that!
Answering your question by providing a link to one of my patents would be a violation of iHub TOU because it would reveal personal information...
"Why would the kitchen base cabinets need to be pulled from the wall to install the new face?"
Not my suggestion... I was pointing out the fallacy of that idea!
"I do find it amusing that when the issue with EXPH was a patent pending issue you were instantly a patent expert with 10 patents."
It is 12 patents, and yes, I AM extraordinarily knowledgeable about patents... If you read the board going back a bit, this should be evident.
"Now you are a cabinet design and installation expert."
- I have designed many cabinets... many of which you have likely seen... and I am a handyman extraordinaire...
You are correct, the two are not directly related. However, if you want to focus on the part of the EXPH business that results in this being a 1 cent stock, I guess etc IS irrelevant.
"1. Laminate tops are screwed in place. Most others are attached with caulk. Construction adhesive is NEVER used by knowledgable installers because the countertop could never be removed without damaging the cabinets."
- Irregardless, caulking is still a glue. How do you "slide it out" if it is glued on with caulk?
"2. Properly installed plumbing control devices would be 3"-4" from the wall."
- Sure, but the point where the hoses are attached are just 1" to 2" from the wall. And the hose nuts consume more of that gap.
#3 and #4 are both accurate, and not "nonsense".
"5. Slide the corner and the adjacent cabinets out at the same time."
- Nice idea... but that is physically impossible!!! Think about it... the cabinets would have to shrink in width to slide out!
"6. Properly installed cabinets are not lower than the flooring. If the cabinets are not properly installed there is always some way to move the cabinet forward a few inches."
- If it is constrained by the countertop, and has a floor installed up to the edge... no... it is not possible. You can't pull a 30.5" cabinet through a 30.25 vertical opening.
"Any issue related to installation of replacement front panels could and would be addressed with the initial installation. You do realize that there is an initial installation process and that these replacement front panels won't apply to current cabinet installations, right?"
If the floor was already installed with a previous cabinet installation, or the floor was installed after the cabinets are in place, the cabinet installation procedure is irrelevant!
"This has been the most useless beating of a dead horse that I've seen in ages."
- While I like the dead horse reference to the product :)... The etc cabinet is THE single most important thing about this company. With the $100M brick tossed out there, it dwarfs the rest of their business by an order of magnitude!
"these relatively minor obstacles is ludicrous"
- Minor obstacles... <VBG> And the Grand Canyon is a gopher hole...
"premise that they don't know what they're doing flies in the face of their many years of experience in the cabinet industry."
- How many consumer products have the invented and marketed?
"added to patent as adendum 1 part# 001-2"
You can not add design features as an addendum to a provisional patent. At the point of filing a real patent, you can elaborate on details, but if they weren't disclosed in the provisional, you'll have to file an additional patent.
FWIW, your approach is infinitely better than theirs. I haven't done a thorough search, but I suspect that it wouldn't be patentable. Additionally, your post just legally became "prior art" on that idea, so they could no longer patent it... you could, however.
"said it was a simple fix by using a side slide design."
Aside from the fact that their pending patent won't cover that... and the fact that if there is a cabinet or wall next to it, it won't work either... and it would require some very special hardware to accomplish that...
Maybe you should consult your "connections directly in the industry" and have them answer the last two items there...
"all correctable with one click of the engineer's mouse,rev. 1"
Please explain how you mean this, I don't follow...
"The retailer LOVE IT"
What was he going to say? Actions speak louder than words... and they didn't order any or sign a deal with him, or he would have announced it, no?
"Kitchen cabinets are modular and are secured in place by a few screws. It will be a very simple matter to remove a few screws, slide the cabinet out three inches, switch faces frames, slide the cabinet back three inches and resecure it. What's the big deal here?"
1) The top is often glued to the base with construction adhesive.
2) The holes in the back of the cabinet cut for the plumbing connections aren't large enough to pull through the back with the hot and cold lines attached.
3) The drain stopper lift mechanism and the hot/cold connections to the faucet will collide with the back of the cabinet before it can be pulled out an inch.
4) With heavy countertops, the cabinets are pinned by the weight.
5) Inside corner cabinets are pinned by adjacent cabinets.
6) Often times flooring is installed right up to the cabinet preventing it from pulling forward.
7) There are often shims between the cabinets, and if you pull the screws, they will drop down between the cabinets.
8) No tools required... remember? :)
But other than that...