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Given JD's vast experience regarding filling out amendment forms which raise the A/S I would say the form was filled as intended.
JD most likely intends a symbol change in conjunction with the pending reverse split.....he needs to at least notify finra before it is enacted.......look for the PPS to close up from .0001 (on meaningless-minimal volume of course) the day before the MASSIVE R/S hits.....it will NOT be a 10-1 R/S......try 300-1 or WORSE imo.
Yes EarnestDD...it is now official....
Aero Performance Products, Inc was on the wrong end of a DEFAULT judgment(in excess of $1 million) in the NASCAR case. the ruling is now part of the record. Game,set,match.
ouch.
Correction: the 2nd communication was sent to JD in September of 2010...not 2009. eom
jerry....next time you speak with JD.....ask him when he plans on posting the disclaimer regarding the etc trademark...or better yet....ask him if he intends on responding to the uspto regarding the directive issued to JD...or perhaps he simply will fail to respond causing the trademark to be officially abandoned....he has until 3/3/2011 IMO......the uspto issued the same directive back in Dec. 2009....JD did not respond.....JD was notified of the abandoned status and claimed he never received the dec-2009 communication.......he now has his 2nd chance via a communication sent to him in september of 2009.......if the etc brand is the *make-it* or break it as *somebody* has suggested...why let this linger??
How important is the etc. line of cabinetry? TIA
4kids......when the southern candle boys reached an agreement in principle with JD regarding converting the 108k note payable into 14,400,000 shares ...I believe that agreement was ..er...reached in the quarter ENDING sept. 30th, 2007......what was the closing range of the PPS during that quarter?
Not exactly a case of the southern candle boys paying a ...*er*...premium for privately issued shares...wouldn't you agree? who posted that the southern candle boys pay a premium for privately issued shares? TIA
wanna know what's even funnier?
JD announced the onset of the 108k southern candle boy's debt into shares in JULY 2008......yet an agreement in principle to convert this debt into shares was...*er*....reached with the southern candle boys in the quarter ended sept. 30, 2007.
2 key points: 1) the agreement in principle was just in time to take advantage of the forward split...and
2) The process of converting debt into shares did not commence until, according to JD, JULY 2008
wanna bet it included language that protected the southern candle boys against a falling PPS i.e.- if the share price was less than PPS on the actual excercise date compared to the agreement in principle date the # of shares would be adjusted accordingly....way to go JD!!
ask JD if the collateral listed in Nevada is EXPH stock...and of course ask JD who the creditor is..... Then post your findings....carefully. Thanks ever so much in advance.
Truly amazing that a couple of facts could elude a code cracker such as yourself......
first of all....did you ask JD who the "creditor" is on file in Nevada...you know...the one holding the UCC?? If yes.....post JD's response....carefully.
secondly.....what are the repurcussions if shares can be LOCATED in a reasonable/timely and RELIABLE manner?? You know....shares like rule 144 shares sold to pipe funders...*er*...friendlies..LOL....and WHEN did JD announce the BEGINNING of a conversion of 108K (owed to Southern Candle Boys)in debt over to shares?? Wasn't it JULY 2008?
your question has indeed been answered...pipe funders dumping rule/144 shares along with patchman's explanation make PERFECT SENSE.....it just wasn't the answer you were hoping for.
as for having money "invested" here???? This is not investment grade paper.....sorry about your losses.
LOL.....after all...we can't expect seamless when dealing with 10 year old start-ups! Hopefully we'll see more *bear-traps* LOL!!
what do you want to hear Paula?? That EXPO HOLDINGS is a well run company and the pps is in no way related to the financial condition of the company? That JD and Glenn's mismanagement has played no part in the 90%+ losses faced by those holding long? That it was good fiscal policy that led JD and Glenn to "borrow" hundreds of thousands of dollars without paying the company back?
Patchman gave an explanation.....as did I...sorry...these explanations did not contain spaceships landing in area 51 and aliens taking JD prisoner forcing him to issue PR's filled with dreams and fantasies and not file in a timely manner...etc.
The fact of the matter is JD has issued and sold at a DISCOUNT BILLIONS of new shares over the last 8 months....and you are witnessing the result. Sorry for your losses.
the market has spoken 4kids....and continues to speak...good luck on the bid sitting and sorry for your losses.
Did you ask JD who holds the UCC on file against EXPO HOLDINGS in NEVADA? LOL ask him...then carefully post your response.
have a good one.
maybe a combination of patchman's explanation and a pipe funder dumping some rule 144's.....it's not as if there is a shortage of these...LOL
The 13 day rule does NOT apply to shares sold of a non-reporting threshold security pursuant to sec rule 144.....in these cases it is a 35 day rule.
and the short sale exempt rule does not apply to non-nms stocks.
just ask seventeneleven...he'll tell ya.
Amen to that. And your original question to 4kids on this matter remains RELEVANT and unanswered. Finra has stated that perhaps in the future otc/pink/non-nms stocks will be covered under the new rule...
perhaps veno wants to take another stab at answering it??
"Who wouldn't want this information to be reported?"
*gosh*.....I would say those who don't post financials in a timely manner and when they do report late they exclude virtually all cash flow and related information, entities who issue false promises. entities whose CEO/Co-presidents give false and misleading information regarding revenue projections as late as December in a given year...along with those who have a vested interest in continuing to aid such entities by forwarding conspiracy theories in an attempt to explain a stocks POOR performance. yep.....accurate information does not help their cause IMO.
If you would simply READ the releases put out by the SEC on this matter you would UNDERSTAND the reasoning.
Two points for you to DIGEST:
1) Compliance date was MOVED from Nov. 10, 2010 to February 28, 2011. (per sec release # 34-63247.
2) You asked: "why are they being excluded?" Good heavens...a quick read on the rule and what is INTENDED for would reveal the SEC's reasoning on this matter......you do understand the intent of rule 201...correct? If you did then the following excerpt from earlier SEC releases would make perfect sense: Here you go:
From earlier SEC releases relating to rule 201 and compliance:
per the SEC: "At this time,we are NOT applying rule 201 to NON-NMS stocks quoted on the otc bulletin board or ELSEWHERE in the otc market BECAUSE A NATIONAL BEST BID AND OFFER CURRENTLY IS NOT REQUIRED TO BE COLLECTED, CONSOLIDATED, AND DISSEMINATED FOR SUCH SECURITIES."
The deadline was NOT MISSED..it was extended...and the short exempt reporting rule does NOT INCLUDE NON-NMS STOCKS LIKE EXPH.
GET IT?
Short exempts per rule 201.....
Rule 201 compliance date has been pushed back to:
February 28, 2011. AND...per the latest release:
"Rule 201 will NOT include NON-NMS stocks quoted on the otc or ELSEWHERE in the otc market."
NON-NMS stock....as in EXPH or ANY other PINKY....get it yet?
And since you have obviuosly NOT read the SEC releases relating to compliance ...I'll throw you a BONE.....
release 34-63247
the COMPLIANCE date is now: FEBRUARY 28....2011
patchman's original post stands as relevant.
per several SEC releases:
"at this time we are not applying rule 201 to NON-NMS stocks.."
*gee* 'seventeneleven'....no need to bother anyone over at FINRA......simple reading and COMPREHENSION does the trick.
Do you know what a NON-NMS SECURITY is? Here's a hint: EXPH...LOL
Wrong on all accounts...
Care to take a gander as to who holds the UCC on file in Nevada against EXPO HOLDINGS? LOL
Call your boy JD and ask....then post YOUR answer....carefully.
enjoy your weekend.
the "owned" site you refer to is a storage shed- valued at a grand total of $5k. And if you are referring to an office in Mooresville as the 2nd site then you need to update your "DD".
Any news on the divy?
sorry about your losses
Which has resulted in????
sorry about your losses.
"currently vacant (as in not filled on 9/15) but *identified*.."
JD updated the officers list with the State of Nevada on 9/30/2010 ....why didn't JD include the new CEO in that update? Or should someone from the Nevada Secretary of State office read the company's PR and fill in the blanks for JD? TIA
The lack of sound is due to the router breaking.
Does the router have a say in who will be named to the BOD? TIA
Since you have again pointed out that you are a SOR....would you agree that JD and Glenn should pay the company back the hundreds of thousands of dollars which they took from the till?
which way would you recommend cleaning up the balance sheet: 1) JD and Glenn repaying the hundreds of thousands of dollars they took from the company....or 2) JD continue to dilute at triple digits or worse? 3) actually sell product at a margin which is not net negative? JD has chosen #2.
The router plays a part in JD not naming the CEO?
How in the world did a piece of machinery cause JD to NOT announce the name of the CEO when you contend the CEO is in place?
*gee* 4kids....the PR went on to say that the company anticipated filling the CEO position no later than 1/1/2011.....to date...in your opinion....has the company been successful in meeting timelines outlined in PR's? Thanks ever so much in advance.
Trivia question for you: How many times has JD announced the launch/roll-out for the ETC Brand?
follow-up: Name 1 retail location where the ETC brand can be purchased.
The only thing identified-per the PR- was A CANDIDATE.
What?? Did you read the ENTIRE PR?? Here let me help:
Kendrick's role was INDEED spelled out in the PR you provided:
"Mr. Kendrick(not present), product manager etc. brand, product manager economy pet program"
and you left off this part from the 9/16/2010 PR:
"The company has identified its candidate for its CURRENTLY VACANT CEO position"
What part of CURRENTLY VACANT CEO POSITION would lead you to believe the position was filled on the date of the PR? TIA
The LOCAL police have jurisdiction over stock manipulation charges? Really? Do tell.
Well sorta of....apparently he is a little gun-shy though... rumor has it he has barracaded himself in a doghouse made from sawdust....so far JD and Glenn have been unable to coax him out....apparently drastic measures are needed....*some* have suggested that JD and Glenn have offered him a *cash divvy* if he comes out to face the adoring public.
According to reports from a SOR who made an *unannounced* visit,the mystery CEO has presented a list of demands to JD. the demands made were: 10 Soap filled sponges....4 performance mufflers.....an early detection syringe for gonorrhea...and 1000 shares of JBII....interestingly enough none of his demands included shares of EXPH...
But Don't be alarmed....remember.....this is a cesspool and a *seamless* transfer of power can not be expected...not on the *OTC*.
umm...okay...but how about you go first...we'll let you lead the way. Good luck!
"waaaay undervalued.." what happened to all of the oft mentioned investor confidence? TIA
Wait just a minute SBB....evidently you didn't catch the *cash divvy* announcement. *someone* stated a *cash* divvy for all that hold long....even through the R/S.
Simply brilliant. Any more news regarding the announcement you made of a *cash* divvy for those who hold? TIA
Structured PIPES serve the purpose....I think you'll find that a 30% threshold relating to the # of outstanding shares usually will fly under the radar and explains why we have seen the A/S raised in 100m-200m and 300m increments.
4kids.....in regards to those that do take your advice and hold tight to their shares in expectation of what you recently announced(*cash divvy* for all those that hold)..if JD and Co. don't offer a cash divvy can these longs contact you for the *cash divvy* you recently announced? TIA