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Really?? I didn't know..
"Once again, being a shareholder of a corporation which has assumed this entire "advance" as well as it's history, I feel I have a right to know this information."
I'll await the answer you get and post after you submit the questions..
Good luck with your shares...veno
Gee..and I thought the company wouldn't respond to tough questions..Although anyone could have called and received the same answer..it does require only a name for a response..
As far as shareholders only caring about no new dilution..Well Jeremiah..that is on the top of my list and should be on top of the list of everyone invested in EXPH because of what it means to the overall state of the company..I could care less about all the other speculation that abounds..including claims of any (COULD BE) lawsuit..
What matters the most..
The company is surviving this economy which has closed the doors of much bigger companies without diluting further shares in over a half a year..
and of course..paying down debt with COH..
I look forward to any other questions submitted to the company and the answers they give..Thanks...veno
The sales must be doing great since the company is working with COH to pay down debt..
"Anyone have an idea how doghouse sales may be going"..
These questions need to be considered as well..
When did Summer start??
AStTropaz share Tuesday, April 26, 2011 8:48:38 AM
Re: Santa Barbara Broker post# 93647 Post # of 99139
"SBB, where you and I disagree is: I think EXPH share dilution won't start again until summer."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62431003
Since June is over..how many more days left in July??
AStTropaz Share Tuesday, May 03, 2011 12:15:22 AM
Re: Santa Barbara Broker post# 94246 Post # of 99139
Quote:
--------------------------------------------------------------------------------
in June or July when they run out of money
--------------------------------------------------------------------------------
"In all fairness SBB, your speculation on EXPO is now encroaching on my space. You originally thought the A/S or R/S would be May or June whereas my speculation was June or July. I think we both said an M&A or something funky could upset the standard deduction. The point here is the *predictability squared award* given out this summer to those who have called this the closest. EXPO's journey is predictably clear and I called it first. Stick to your original prediction for dignity's sake. If EXPO does the A/S or R/S in June I will share the *predictability squared award* because you are one of the original soothsayers. That's as far as I can go. Good tidings."
Really in all fairness..the soothsaying was wrong..
No new dilution in over a half a year is all shareholders really care about...veno
Many companies were and are being bailed out to stay in business in this economy..EXPO survived while others didn't..The attempt to destroy the company by cellar boxing the stock didn't work..As far as assets being sold..a used screwdriver..as you say.. being sold on EBAY certainly doesn't qualify as an asset..What does qualify as an asset..is the equipment that was paid off..Now the company is using cash on hand from revenue derived from increased production and CIMA sales to pay down debt..Still no new dilution in over a half a year..while even more companies have closed their doors in an economy where many businesses have failed and the ones still going..have had to layoff employees to keep costs down..
Thanks to CIMA and the renting of "business space"..both great moves by the way..which have kept the company moving forward and the company solvent..
Regardless of what is posted and speculated on..it would seem all projections about the company's demise in late May and early June were wrong..July is now coming to an end with no new dilution and because the projections were wrong..it has left only further speculative guesses that are also off base as to where the money is coming from..Although revenue in June was lower than last year..$189,000 in deposits alone for further work to be completed..should more than make up for it..
The fact remains..The majority of shares are being held tight by insiders..friendlies and longs..The the little left over out 3.3 billion shares are being wash traded and little else..
This is a good sign that company still is moving forward..
7/28/2011 1:52:32 PM
"Expo Holdings, Inc., will be conducting its annual shareholder meeting on September 22, 2011 at 3:00 pm EST. The meeting will be held at the company’s headquarters at 116 Shaver Street, North Wilkesboro, NC 28659."
"All shareholders are invited to attend. Please contact the company at 336-667-8765 and let us know if you will be attending. The meeting is scheduled for approximately two hours. A brief tour, a recap of 2010 & YTD performance will be conducted, followed by a question and answer period. A follow up release will review and summarize the meeting."
You are correct..the shareholder's meeting coming.. should be filled with good news?!?!?Ohhhhhhhhh..and the answer is with the new CEO...veno
Thanks Bentos..great news..
Over a half year without new dilution and LOWES is still on board..I agree..good times are coming...veno
The answer is..there are none..
"I am hoping that dependent on what stock or other improprieties can/could be proven surrounding Expo Holdings from 2007-2009 (if any),"..
I always thought there was ironclad proof that EXPO was a scam by your posts..but now I see that all the posts on the subject have just been wild conjecture..
The attempt to destroy the company didn't work and the company is no longer diluting shares even after predictions that stated they would by late May or early June..
Still holding my shares...veno
Late June and early May came and went without an AS increase as you predicted..Now the company..
"is weeks if not days away from either a RM or a R/S possibly followed later by a RM, ."..
Well..we shall see in three weeks if that prediction also has no merit..
No new dilution in over a half a year..The company is paying down debt with COH and now any questions that are asked can be answered soon on the company's FAQ site..Of course that does require a name along with the question..I certainly have no problem giving my name..
As far as losing credibility..I would say that since the majority of shares are held and not sold by insiders and friendlies to the company..that credibility is fine by them and so fine by me as well..
EXPO..Vetted by banks and LOWES..which by the way.. continue to do business with EXPO..We were all told and know that the banks and LOWES do far more vetting than any individual could..The company survived the attempt to destroy it..so I will hold my shares along with the majority...veno
What is it about "and or" is not understood??
"Submissions that do not include full name and or proof of ownership in the company will be omitted."
You do not have to be a shareholder to ask questions..period..
The policy hasn't changed..The company has always required your name before responding to any questions..whether by phone or by email..
I have never had trouble providing my name to the company..We know their names and they should know who we are if we are going to ask questions..Since I have nothing to hide..I provide my name as I am not paranoid..I have never been harrassed by the company after providing it..
Again you ask others to submit your questions for you?? You can submit them yourself by following the guidelines as we all have to..I have my own questions...veno
Late May and early June have come and gone with no new dilution..We are now closer to the end of July which will take care of the second predicted company running out of money post..
If you need any further answers..contact the company as shareholders are doing...veno
Send them yourself..since you are the one that is interested..I am a shareholder of a legit company moving forward with cash on hand...veno
Actually wrong on all accounts..
The company is not insolvent and they haven't diluted shares in over a half of a year..They are paying down debt with COH..
You must be thinking of another company...veno
Fourkids..Interesting chat today concerning the short positions in EXPH..
I have seen past posts saying that nobody would short the stock at these levels..Posts saying that there is no shorting going on..yet the posts today say that the company has shorted its own stock..LOL..
It was posted and copies sent to the company and SEC..that one poster here with at least seven other traders were going to "cellar box" the stock into oblivion in an effort to destroy the company..The effort did manage to bring the share price down..but as we can see..it failed to destroy the company..
Continued efforts abound in posts to continue the trend..
Posts about pending lawsuits and SEC involvement which haven't happened are also not working..
Opinions about CIMA having ugly cabinets have not stopped continued installations of the same cabinets and deposits..which one poster claims resulted in $189K upfront payment..which is in his opinion only 50% of the total sale..I would have to say that $378,000 in sales revenue for what is said to be "ugly" cabinets is a contradictory statement at best..
The company is legit..vetted to be so by banks and companies like LOWES..We all know that the banks and LOWES do far more DD than anyone here can..
Like you said..posters here did their own DD back in 2009 and came up with the same..EXPO is legit and vetted as it was posted back then..Nothing has changed..Continued work with LOWES..Bank debt is being paid down with cash on hand from revenue derived from both display sales and "ugly" cabinet installations..
Late May and early June have come and gone with no new dilution as was predicted and the ones trying to destroy the company are not happy one bit that the company survived..
Thanks for all you do...veno
Who is talking about CIMA??
The 10% upfront deposits have to do with the display making side..A call will help you in that regard..and yes it is a deposit..which the company gets paid in full after the completion of the work..
$180K upfront deposit looks very good for the company now and when the work is complete..even better..
The company has used cash on hand to pay down debt..I would say part of the $180K upfront helped to pay it down..
Now if you want to add in CIMA for the 10% or more..I like your numbers..
"The INDUSTRY standard is 50% up front at TIME OF ORDER- 40% once order is completed- 10% AFTER INSTALLATION"
That even looks better for COH to keep the company from further dilution..Thanks for the numbers...veno
No new dilution and the company is working with COH..
Vetted by both banks and companies like LOWES...veno
EXPO is a legit company with the majority of shares held tight by insiders and friendly locals..Traders are in trouble..Little volume is good...veno
"based on equipment and inventory by those who
visit on site the true MC is closer to .00075"
==
"gotta appreciate a bargain" ..
Holding my shares tight..because I believe the valuation you speak of is low as we speak..
The company is paying down debt with cash on hand and with $180K in deposits..soon to result in added revenue..I would say that the company is doing just fine regardless of the efforts to claim otherwise..
July is coming to an end with no new dilution..This bargain looks great..Thanks for all you do..
Edit..I forgot to mention that LOWES and the banks have vetted EXPO to be legit..that is also a huge plus...veno
EXPO..a legit company vetted by banks and LOWES..
That is all that really matters..They do far more DD on the companies they do business with than any individual can..There is no lawsuit pending the company and no new dilution in over a half a year..The company is operating with COH to pay down debts..Efforts to destroy the company though still ongoing isn't working..
Shorts are in trouble...veno
Sure you do..LOL..
Like I said..EXPO is legit..There is no lawsuit pending the company..
Banks and companies like LOWES have vetted EXPO to be legit.. Again no one is selling while the company pays down debt with cash on hand...veno
Better question is where are all the sellers with all the negativity abound?? Answer..there are none..Since the majority of shares are locked up tight and of course late May and now half of July have come and gone with no new dilution..I would say that EXPO has survived the onslaught to destroy it and is doing just fine..It would also seem that beyond a shadow of a doubt that the shorts are not happy one bit..
No need to explain the last filing..The majority of shareholders could care less since no RS every came..Given the company explained the error and is paying down debt with COH..I am quite content to hold my shares..
Legit company vetted by banks and companies like LOWES..That is all that really matters...veno
Today is no different..
Threatened lawsuits and all the posts to the contrary..
Over 3 billion shares OS and the majority cannot be shaken loose or even touched..regardless of what is posted..
Looking forward to the company moving forward with more awarded contracts and production increasing to keep COH paying the bills..
Thanks for all you do...veno
Great..
"I have 140,000 reasons not to provide any public commentary to satisfy one's curiosity."
I guess that we will see no more posts of any lawsuit until one is actually submitted..
EXPO is a legit company vetted by by banks and huge companies like LOWES..I'll go with that vetting...veno
The majority of shares are being held tight..
Proof?? Check the volume daily..Only wash trades..insiders and longs sucking up shares on the bid and a few traders trying to make a buck and not succeeding..
The filing was done on 2/01/11..many called and were told that the header was in error..subsequent calls made to the company and regulatory agencies about fixing the error resulted in the same answer..No filing could correct the header error..regardless of what you post..The company then responded to the public..
2/10/2011 10:47:52 AM
"Many inquiries have been made regarding a potential reverse split of the company’s common stock. There is no reverse split planned or under consideration at this time. Further, the company has not planned and has no intention to take the company private."
The filing may say stock split..but the body of the filing says nothing of the sort and only talks about the amended AS..which is why investors called for clarification before making decisions to sell or hold..
and like I posted..the rest is.."irrelevant"
The facts remain..there has been no RS since that filing..However I do expect that in the distant future we will see a filing with stock split as the header and the body of that filing will give the details as it should..
Edit..or the company can always buy back shares as one poster said..if cash on hand grows enough to do so..
That late May and Early June have come and gone with no new dilution and that the company has had enough cash on hand to pay down a bank debt by $50K..
That said..I am an investor in the company and like the facts that the company has needed no new dilution going on a half a year now..That the company is paying down debt with cash proceeds from sales and that LOWES continues be associated with EXPO..regardless of what is posted in this venue...veno
Yes..quite so..
"Is that group of people always irrelevant"
With over three billion shares out and the majority of shares being held tight..yes indeed..
There was no announced RS..The AS was raised as was in the body of the filing..The company was called on the header and they responded to the public with no RS coming..Anyone that sold on that error could have waited as the majority did..Like I said..quite so...veno
Yeah I like the honesty as well..
From May after they were informed..
"April Sales up 365%"
and..
"Sales for the month of April 2011 were approximately $170,000 compared to approximately $36,400 in April 2010. This figure does not include approximately $75,000 in deposits received in April 2011 (for projects in process) as deposits are booked as a liabilities until the orders are completed and the billing process is completed. The company typically requests a 10% (or more) deposit for orders over $10,000 in size."
and..
"The company has raised funds via its stock in early 2011 as well as during 2010. The company anticipates no additional stock issuances now or in the foreseeable future and has no plans or considerations for a reverse stock split."
Thanks for pointing out how honest they have been...veno
I believe it all..not just one word..So please don't speak for me as I am a retail shareholder of EXPH..
"Not one EXPH retail shareholder believes one word of that anymore.... if they ever did."
Interesting that you asked management to be prepared for a forthcoming legal proceeding..I would say be prepared for the company to move forward regardless..
EXPO is a legit company doing business with the likes of LOWES..Several employees at EXPO are ex LOWES management who do know the business..
Still no one is selling and the filing heading error didn't result in anyone but a couple of investors dumping their shares..Those that held did ask questions and got answers..
No new dilution in over five months and the company is paying down debt with COH..Like I said it looks to be a great Summer...veno
One pesky detail you left out..
$189,000 in deposits alone and not accounted for..Sounds to me like the company is doing just fine and we are half way through July..I am still looking for the dilution you stated would come in June or July..
"Months ago you predicted May or June and I predicted June or July for the next EXPO dilution."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63824012
Like I said..cash in hand looks to be on the rise...veno
With late May and Early June now behind us and the Summer moving on with no new diltion..It looks like the cash on hand is increasing..It was great to hear of the company using COH to pay down the bank debt by $50K and still operate without further dilution..June was a down month as far as revenues..but with $189K in deposits and revenues due from completed work..dilution is now taking a back seat to increased production..
The economy is still really bad and yet the company brought in $687,000 in revenue for the first half year..Hopefully the economy picks back up for all concerned...veno
Really??
"That example in the link is precisely what I have been seeing at the builder shows in the last 9-12 months. Huge emphasis on maple, birch and white, brushed nickel hardware and elements of stainless. Clean...no glitz, massive concentration on funtionality and capacity. IOW, practical, simple design that is low key but elegant..."
I guess that would explain it all..The cabinets seen in that link look like the ones I have seen for thirty years in every tract home available in California and the West..
Cima builds custom cabinets that are actually put in homes for the more well to do in NC..
http://www.cimacabinetry.com/showcase.html
It wouldn't had taken very long to roll out etc given they had a retailer already set up and they were taking it private with private funding..The deal as we know didn't happen..but I do believe a key player is still on board in a big way..Time will tell...veno
Really??
"Vetting an invoice for factoring is NOT vetting EXPH. Big difference."
Then you do agree that the banks that EXPO does business with do extensive DD before they loan money out or give lines of credit..This posted statement was made after an individual investor looked into the matter..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41290643
Santa Barbara Broker Share Tuesday, September 08, 2009 11:03:06 PM
Re: A deleted message Post # of 97222
"I had spoken with the bank earlier about the "line of credit" issue and while they will not discuss any details on their situation with an individual client, the bank is legitimate and they do provide genuine "lines of credit" to many start up businesses like EXPH. Their vetting process is extensive"...
It would seem that your post reflects that any company doing business with EXPO doesn't take into account the quality of work the company produces..The huge company Stanley disagrees..
John Butler, VP Sales, The Stanley works, commented:
2/2/2010 10:01:41 AM
"D&D did a great job, and we appreciate their dedication to our project, and to our company. D&D was very quick and responsive when additional needs came up. I look forward to working with them again in the future."
LOWES..HD..Stanley and the list goes on..These companies and the banks did far more extensive vetting of EXPO than any individual could..
EXPO..a legit company working with huge companies and backed by banks that have vetted the company in advance..
No new dilution in over five months..Summer looks to be a good starting point to moving the company forward in a big way..
"The company paid down its long term debt (to Southern Community Bank) by $50,000 dollars as released on June 1, 2011. This payment was made from cash flow proceeds and was made on or before the date released"..
So it looks like the banks are still happy with EXPO and statements like these were totally wrong about $50K paydown..
"the deep sixing of the Form 3 controversy by the transfer of Brown/Harrs shares to the new CEO (or in lieu of their "extreme sacrifice" in paying off some other "debt" (hmmm...maybe the $50K?)"
"Now Expo said they "expected" to pay off the $50K. Not that it WOULD be paid off. Or WILL be paid off on such and such a date. That they expected to pay it off. And now, through a third party or possibly a fourth it's been represented by unsubstantiated rumor that the $50K was paid off last Friday."
Seems the rumors were right and now moving into a half year with no new dilution..
"The company has raised funds via its stock in early 2011 as well as during 2010. The company anticipates no additional stock issuances now or in the foreseeable future and has no plans or considerations for a reverse stock split"..
Summer looks even better...veno
Be sure to get back to us after your legal people declare EXPO legit..doing business with banks and huge companies that have already vetted the company and still increase orders and re-adjust financial terms..
Should be great to hear..I hope it doesn't take too long as we have been hearing about legal issues forever here but yet for some reason nobody reports back their findings..Wonder Why?? Still no investigations by the SEC and or lawsuits directed to the company after all we have heard..
Late May and Early June has come and gone without any new dilution..I am now watching as July raps up to wash away another prediction..GLTY...veno
Yes..let's talk about your predictions for this Summer..
Just when is that increase in the AS to occur?? We are now almost half way through the Summer and nothing yet..Do you have a date in mind?? We made it through Late May and early June without any increases..so that was a wash out..
Also..if you get the time..please list the tools that were sold on EBAY and their approximate worth..I believe that someone has them achived..TIA...veno
Nothing was missed..there was no "devious smart" scheme put together by management and no proof as to such..
I'll correct that a little..What was missed was actual DD regarding the split title filing that was done in error and the subsequent selling that took place absent any questions..To each their own..Good to see the company moving forward and work increasing...veno
No new dilution in over five months..
Increasing orders and production and the company is at breakeven..
Any questions Acc??? YAWIA...veno
Nice to see the company not diluting and working at breakeven..Big time revenue coming by the looks of the total deposits received ($189K)...veno
Yep..I caught the significance..there was none..
The latest PR did not read..
"The company anticipates total company sales of two to three million dollars from now until August 31st."
You might want to read it again..Any comments??
As far as desperation goes..just further proof...veno
Thanks..
Too bad they didn't get to profitable yet..Again no new dilution or RS planned..Looks like they are at breakeven now..
$189K in deposits is great..It looks like next quarter should be much better with the company taking in a fraction in deposits of the actual sales totals..
Once again we see where $50K in debt was paid down contrary to many posts saying that it didn't happen..
The pps is holding up which is also a good sign..
Thanks again...veno
Good news is coming..sooner than later..
Transparency will come along with the new CEO..but that will happen on the company's timeline..Investors can wait..the traders and shorts are unhappy that they can't manipulate the stock..
The company has not diluted shares in five months..With the recent increased production and orders..No new dilution is needed..I will continue hold my shares with the majority...veno
No dilution in five months..
Late May and early June have come and gone and the investors that have visited the company report orders increasing along with production..The company will report financials when they are ready and considering they don't have to report anything..I can wait..I am an investor and will hold my shares along with the insiders and friendlies who hold the majority of shares in the company..The volume traded daily shows just how tight those shares are held..more longs getting shares today..watch the REG SHOW numbers today..The MMs are looking under rocks to find shares..Too bad..their in drawers and locked up tight with GTCs..Desperation is showing..
As I said..looks like favorable news is coming with more to follow...veno
Looks like news is pending..
With the company expecting to be slightly profitable for the year to date and no dilution in five months..The update should be be positive..
Thanks again for the numbers...veno