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"Tell me what you see..."
Pieces of furniture....that are a cross between tacky and ugly..
with ugly being the dominant gene.
Everyone should do their own DD.
Call the company..ask for G. Harrs
Have G. Harrs recite his "tool" poem.
what is even more amazing...:
The information is contained in this venue.
The company *survived* the Macro environment &
The death of a CEO unrelated to EXPO
The company diluted in order to expand even though the company actually shrunk and recently laid off 18% of their workforce.
The company survived even though JD sold off the land and buildings which caused the monthly rent expense to increase by $20,000 each and every month.
First of all JD put plenty of shares into the hands of accredited investors who do not subscribe to the 3-5 year hold of pinkie stocks.
secondly..the southern candle boys received shares at a DEEP discount when their original 108k note was converted into shares.
thirdly.. the past history regarding PR's and such is very important.. you see... this company, like most P&D scams, issues FORWARD looking PR's which promise pie in the sky revenues..revenue that never comes...this company promises "updates" which never come...to ignore this is extremely irresponsible from a fiscal standpoint. We are forced to reconcile the past with today(reality) and this is where JD and his COHORTS are exposed as con-artists.
JD has hired professional PR firms/individuals...this is fact! To ignore this is extremely irresponsible from a fiscal standpoint.
JD likes to use the word "SOON" in regards to the removal of the stop sign posted on Pink Sheets... he likes to use the word "SOON" regarding financials...but "SOON" never arrives.. JD stated that ETC would be available via 100 retail outlets by the end of 2010...yet to date ETC is not available via one single retail outlet.. JD made this statement many months ago .. should this subject be ignored since the statement made by JD is many months old? If so...then one would be saying that JD lied but it doesn't matter because JD has not told that same lie TODAY. Odd reasoning...don't you think? TIA
You are right in one respect.....JD has learned from his mistakes....he no longer pays directly for the pump....he & his cohorts no longer use sources who issue proper disclosure... the last few "stock alerts" to the MASSES behind the scenes have been generated by pump & dump entities that use a VAGUE form of disclosure that states the entity receives COMPENSATION without getting into specifics....so yes JD has indeed learned a few MORE tricks of the trade.
Ask JD who introduced him to Mr. Koran. Hint: His initials are MJB.
Hope this helps
Nate.. why did the company RECENTLY lay-off roughly 18% of their workforce? TIA
yes indeed.....Gideon Financial...as in David Koran .. who is well acquainted with Bongiovanni.... and of course Ron Moore.
The bulk of the deposit money is for a Cima job or TWO....anyone representing the deposits as being 10% of what is owed to Expo is dead wrong......any such representation would be off by a MINIMUM of 70%.......hope this helps and perhaps you should stick with Kung Pao Chicken. TIA
Wrong Nate: Per JD and co.:
Employees as of May 2, 2011- 37
Employees as of June 1, 2011- 31
nearly a 20% reduction in the work force ...
with this in mind .. : The following would apply:
MASSIVE LAYOFF CAMPAIGN COMPLETED
Spot on SBB....spot on!
Who will fill JD's shoes?
Koran? Bongiovanni? hmmmmmm
maybe an 'acquisition' to tie it all together? Garman Cabinet & Millwork? BMX Development inc? hmmmmm
Wrong nate.....the deposits on the books include deposits for custom cabinet work.....meaning the bulk of the deposits represent 100% payment in full.....oops!
the company is shrinking.....37 employees in May-31 employees in June...ouch!
hope this helps....sorry for your losses
Yes....10% or MORE.. the dirt is always in the details.
And the bulk of the deposits taken in by EXPO most certainly are for CIMA jobs.. CUSTOM jobs that are either PAID for in FULL or darn close to it.
Another glaring detail:
The May 2, 2011 PR stated the company had a grand total of 37 employees.
Today's update stated that the total number of employees has shrunk to 31.
The company is shrinking.
Nate...$1.42 MILLION..NOPE!!..you left out TWO IMPORTANT words......per expo's own words: May, 2, 2011...PRESS RELEASE:
"The company typically requests a 10% (OR MORE) deposit for orders over $10,000 in size."
KEEP IN MIND THAT THE TWICE FAILED ENTITY FORMERLY KNOWN AS BUILDER'S CHOICE CABINETS & COUNTERTOPS IS NOW PART OF THE EXPO EMPIRE....now known as CIMA.
CIMA's claim to fame of course is CUSTOM MADE CABINETRY.
A producer of custom Cabinets typically will charge a 50%-100% DEPOSIT BEFORE STARTING ON THE PRODUCTION PHASE OF AN ORDER.
The reason for the deposit amount is quite OBVIOUS.
Hint: The word CUSTOM.
Since the bulk of the deposit was announced as being received in April...it could very well be a CIMA job which was paid for in FULL....and once the custom cabinets are ready and installed the company will actually COMPLETE the billing cycle.
*gosh* Nate.. perhaps the 'stack-o-wood' was ground into sawdust and made into doghouses? You remember the doghouse pictures you posted.. right? The ones taken in front of the YQH,Inc hardware store.. is JD still the Vice president of YQH,inc ?? TIA
or maybe the wood was used to fortify the mysterious dental office? Is JD's Father-in-law related to a dentist in North Carolina? :)
Sounds reasonable....maybe JD was paying his dental bills with shares until the dentist put a stop to that....the dentist more than likely had trouble unloading EXPH paper....so JD probably offered the dentist a couple of dog houses ..but it turns out the dentist has cats ... JD then offered up three cases of the Bite Back product, a house-load of ETC crapinets and asked the dentist if he would like to be the new *CEO*.....
*Installed* in a Dentist office?? Did the Dentist pick a..high on novacaine-laughing gas ..twelve year old out of the waiting room to perform the install? And if he did ....was the twelve year old awarded a free kitchen make-over? TIA
Lets see....JD and Glenn said: "100 retailers by the end of 2010"
And instead all we have is a dead website, dead patent application and dead trademark application.
"ETC is on the *back-burner*"... no... ETC is in a coffin...since the ETC crapinet panels were interchangeable .. perhaps ETC is buried in itself?
but look on the bright side....maybe JD and Glenn can join forces with another Bongiovanni company?? LOL
priceless.
Bongiovanni does have an office in Cornelius North Carolina...so I suppose he could be considered a 'local'.....he's co-founder and part owner of Guardian Registrar.....the T/A....he was 'consulted' and helped fund JD's foray into the public market....unlike some ...he doesn't seem to prescribe to the 3-5 year hold strategy when it comes to otc/pinkies.....and he doesn't seem to 'pay' a premium for shares either...wink-wink.
Check out his MO.....there is a long history to draw from...HISC.pk included....and a list of ..*er*...companies from China .... although I do believe his activity surrounding a Chinese company or two caught the attention of the PCAOB...oops!
I believe Bongiovanni often times includes language into his consulting agreements that states the shares owed to him/his company can be used as *collateral*.....what does that infer?
Ask Mr. *Transparency*-JD....to publish the entire consulting agreement he signed with Bongiovanni....ask JD to post it on the Expo web site...in it's entirety..and since..according to some...JD is transparent to the nth degree.....shouldn't JD also post ALL the details behind the MJB note(s) payable?
however....I can't find a source to verify Bongiovanni having any ties whatsoever to Lowe's......unless of course you consider someone purchasing home improvement products from Lowe's as having strong ties to Lowe's???
Who is it that holds a UCC which encumbers EXPH stock??
Just think...wouldn't it be cool to have access to shares and also have an "IN" with the T/A?? LOL
it's good to be King...don't you think?
My guess for the new 'game changer'....Keep an out for an acquisition/merger with another dying on the vine cabinet company located in Denver North Carolina ... Garman Cabinet & Millwork.
This company has connections to Mr. Bongiovanni and Mr. Bongiovanni's T/A...
SOP?? okay....so what you are saying is that the expo holdings saga is simply SOP??
A-Z consulting= Michael Bongiovanni
1) A-Z consulting is paid $150K to help facilitate the reverse merger/filing of expo's Initial disclosure statement.
MJB= Michael J Bongiovanni
2) Note(s) payable issued to MJB
EXPH shares are issued as collateral for Note(s) payable
Greentree Financial= Michael Bongiovanni
3)Greentree financial participates in a PR released by JD. The PR claims that Greentree will be assisting JD and co. in filing form 10 which will allow an uplist to the OTCBB...of course this never actually happens....but it sure helped sell shares.
Guardian registrar & Transfer was co-founded by Michael Bongiovanni. And of course he remains a shareholder of Guardian registrar & Transfer to this day.
The above is SOP? unfortunately for unsuspecting longs....you are correct.
What about Michael J Bongiovanni?? Is he still holding shares?? LOL
A-Z Consulting Inc.(Financial consultant JD paid 150K to) = Michael J Bongiovanni.
Note payable to MJB....MJB= Michael J Bongiovanni.
Michael J Bongiovanni as in China digital media corp., BMX development corp among *others*.
who is it that holds a ucc on all exph stock?? LOL
maybe MJB will be the "new" CEO??
you might want to check the 15c-211....you know...the disclosure statement filed and signed by JD......OTR listed as T/A...
oops.
if Guardian was *always* the T/A why would JD sign of on a filed DISCLOSURE statement which lists OTR as the T/A?? LOL
*from the disclosure statment: "on May 12 2006 advantage technologies acquired D&D Displays"
JD & co. authorized the 10-1 forward split on 8-11-2006 . All shareholders of record on 8/23/2006 received the benefits of the 10-1 forward split.
Again..the disclosure form..signed by jd is dated jan. 30, 2007 and OTR is the listed T/A. Get it?
can you say locked and loaded? Have you ever heard of the spammers Bloomfield club? TIA
It's been that way since day 1.
OTR Transfer was the original T/A....used to execute the forward split and listed as the T/A on the
disclosure statement 15c-211 filed in 2007.
Then the Wilkesboro hillbillies changed T/A's
Bloomfield Investment Club (Known spammers based in the Bahamas)
was the first to promote this POS via newsletter alerts in the early days. I wonder how many shares they were provided??
Share discrepancy is not what killed the..*er*..spin-off.....
Perhaps FINRA took a look at the proposed spin-off(corporate action) and said NO due to variety of RED FLAG issues....such as the issuer selling rule 144 shares and these 144 shares hit the market while the issuer was and still is DARK...as in NOT CURRENT with public info......another fact is that FINRA can put the brakes on a corporate action if FINRA is aware of an ongoing INVESTIGATION of said issuer...yes....even your precious "electively" reporting POS known as EXPH would be subject to Finra when it comes to spin-offs....share splits etc...
hope this helps
You are correct....and EXPH is NOT DTC Eligible.
I don't know Stock_barber....I would not bet against SBB...but that's just me.
And let's not forget this gem from JD:
Date March 27, 2008.
"The company has also recently registered with the Depository Trust Company to begin receiving DTC reports to monitor the trading activity of its common stock"
HUH??? wow!
I would find that information helpful as well.
Can anyone tell us the date EXPH became DTC- non eligible?
Agreed...cesspool indeed. According to the Lebrecht Group the DTC non eligible issue reared it's head as a result of a certain regulatory notice put out by FINRA- reg. notice 09-05.
* "Finra's member firms, broker-dealers,and other entities involved in clearing stock transactions for the member firms, primarily clearing firms and the DTC, have taken the release (09-05) to be a "SHOT ACROSS THE BOW" regarding THEIR POTENTIAL LIABILITY FOR ANY INVOLVEMENT THEY HAVE WITH ISSUERS or SHAREHOLDERS that are found to have CONDUCTED ILLEGAL,UNREGISTERED RESALES OF THE ISSUERS SECURITIES."
*source: Lebrecht group.
JD and Expo="issuer"
JD and Glenn= "shareholders" IMO. LOL
read the FINRA release......it basically tells member firms to pay attention to the RED FLAGS that accompany illegal securities sales.....or face the music.
It comes as no surprise that a) EXPH is DTC non_eligible AND
b) JD refuses to file ownership forms.
nonsense.....on the other hand if JD could muster up one shred of decency and explain...in his OWN words.....the broken promises made to shareholders regarding false and misleading promises...well then perhaps the ibox could show JD's OWN words....however...to show a video from 2 years ago....no way... that video resulted in what? JD's video was meant to show a booming business in action...a business bursting at the walls with revenue....and the reality is Expo Holdings is a failing business with shrinking revenues. Enough excuse making for management....and to re-run a video which painted a picture miles from reality would do nothing more than ENABLE JD and his MINIONS to continue this pump and dump.
before any fantasy based 2 year old video appears in the ibox we should have the following: IN JD's WORDS...not enablers words.
*promised update regarding ETC in JD's OWN words. In-depth and straight forward.
*Name of the *new* CEO which was promised months ago.
*straight forward explanation why the multiple promises to remove the stop sign from pink sheets have to date been a LIE.
*straight forward explanation from JD in regards to JD telling shareholders in DEc. 2009 that revenue projections would be met for 2009.
*straight forward explanation from JD reconciling the PR's issued by JD in 2009 and the dismal performance by the company in 2009.
*straight forward explanation from JD regarding his many promises to file insider ownership forms.
this would be a start......again....not in enablers words... these explanations need to come from JD himself.
Any shareholder placing significance on a 2 year old video which does not depict reality while ignoring the issues stated above .. is doing nothing more than enabling JD and his minions.
This is a couple of years ago .... and more recent... a list of unkept promises and lies told by JD..not a complete list..just a starter...one more thing.... is it just me .. or has JD gained a tremendous amount of weight?
Stop sign removal from pink sheets 'soon'. It's still there.
ETC available in Window world. NOPE.
ETC announcement of first retail outlet within 15 days. 210 days later and no retail outlet...oops.
ETC available in 100 outlets by the end of 2010. Nope...zero outlets.
100 million dollars in etc revenue... oops.
JD stated in december 2009 revenue on pace for 6 million. ouch!
Form 3's will be filed 'soon'. huh?
New ceo named 'soon'. I must have missed it.
Final stages of selecting and annoucing new board members. I was pulling for pennyguru.
"...there were 18 PR's out in 2010
and only 2 so far this year..."
yes that is correct ... JD and Glenn have a formula and the rate of PR's issued is a part of their formula:
want the formula? Here you go:
2 PR's for every 1 increase to the A/S.
18 pr's in 2010 and 9 increases to the A/S in 2010.
2 pr's in 2011 so far and 1 increase to the A/S in 2011 so far.
Let us now move to the Q & A session you so proudly posted:
First of all the Q&A session took place over 7 MONTHS AGO.
so here you go...: and since 7+ months have passed we can now attatch a TRUE or FALSE or misleading/incomplete in relation to the answers.
Q: Will you file form 3's.
A: YES ..the answer given is deemed FALSE because 7 months later NO FORM 3's FILED.
Q: Will you update shareholders on a weekly basis.
A: Yes ..the answer given is deemed false..unless of course JD and Glenn thought the word WEEKLY was in fact WEAKLY
Q: Did you issue shares at .001?
A: Yes, among other price points as well. the other price points were not given so the answer is deemed misleading/incomplete.
the other Q's and A's were simply garbage in garbage out.
as far as management releasing info on their time table..Of course management controls the release of info...and just as important management controls the content and lack of accuracy contained in the pr's released to date.
try again.
The post you responded to contained a statement from JD/Glenn ..
the statement from JD/Glenn was clear...form 3's filed..
are you saying the router caused JD/Glenn to not follow through on what they said?
I agree...it's not a runup...just pure dilution plain and simple.
now that is truly funny....and after that seven dollar and fifty cent sponsorship is reached....then what??
on second thought...seven dollars and fifty cents might be too high.....if the rate is based on the number of viewers....ouch!
Broadcasting a semi-pro team's soccer game over the internet for free benefits AVEW shareholders?? LOL...... HOW? LOL
Please list specific revenue streams for AVEW as a result of streaming a low tier minor league soccer game over the internet..
where's the windfall coming from? Maybe AVEW can get the league and The San Diego Boca team to change the format to generate interest?? Yeah...that's the ticket...it will be a HUGE hit..
AVEW can bill it as bareknuckle soccer .. just like grandpa used to play it down on the docks for rent money.....go AVEW!!
Heck Rog....AVEW doesn't even charge a fee to view their fights.. and viewership is virtually non-existant....low-level development league soccer...what a windfall!!
What's next??...perhaps a foray into streaming video of live games of yahtzee played at some local retirement home?
Of course it would be BAREKNUCKLED yahtzee...just like grandpa used to play it down on the docks to pay rent!
I have...it is a developmental league ....and San Diego's attendance numbers are very low(200-300 per game)...this equals very low interest...get it?
My oh my....this has gone from what was originally billed as unique-bare-knuckled brawling to internet video of a MINOR league soccer team that draws roughly 300 fans per game?? LOL Priceless!!
Minor league soccer??? unbelievable!
well veno.....using your figures...that means JD and Glenn turned what they previously held--187,268,400 shares ..into 440,522,167 shares with the flick of the wrist.
Again...USING YOUR NUMBERS:
common shares subtracted from the O/S when glenn and JD converted from common to preferred = 187,268,400.
common shares ADDED to the O/S AFTER JD and Glenn converted preferred back to common = 440,522,167.....
OUCH
I told you months ago that the conversion rate from preferred to common resulted in an increase when compared to the conversion from common to preferred
Huh??.....again...Capital resource funding is now CSGH...and there is a csgh board here on ihub(some interesting posts from the early csgh crowd)...Mr. Koran was the owner of Capital resource up until the 'merger'....he knows how the pinky thing works.....
David Koran as in Gideon Financial...which holds a UCC against D&D Displays(may of 2008).....the loan was for 75k and covered the bite-back product along with every asset belonging to D&D Displays...secondary on all the other assets because they had and are already pledged....think of it as a double mortgage...
anyway...in 2009 Laura Koran filed a UCC against Gideon and David Koran ....the UCC stated that Gideon Financial was past due on a 144k loaned to Gideon by Laura Koran....
just ask JD for his version of why he contacted David Koran...and ask JD about Koran and shares of exph.
The key local to contact is:
DAVID R KORAN......but i don't think he will share the goods with you...if you know what i mean....so instead ...perhaps ask JD when and why he cozied up to Mr. Koran.....the timeline and results will explain everything......no mass conspiracy....just normal pump and dump activities designed to enrich insiders....perfectly normal procedure when dealing with stinky pinkies.
hope this helps
Does JD still have David Koran on speed dial?
David Koran...as in Capital Resource Funding corp(CRFU) until 2007 when it 'merged' into China Sun Group High-tech(CSGH)..
David Koran ...as in David Koran and company which provided HISC.pk with some funding/pumping help??
David Koran...as in David Koran who holds a UCC over all assets of D & D Displays as of 2008?? And the note payable owed to Koran has interest payments of how much per month?? OUCH.
JD sought out Mr. Koran in 2008......why?? TIA
Awesome post sburlria.....you captured the essence of this scam and the enabling excusers beautifully. Kudos!