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If EXPH tell us share structured completed for 2010 for all projects ... and one week later tell us .... raised 250 mill more , this is because there is one big project coming and we need more financing
If by big project you mean paying the electric bill or paying a promoter, then yes, I agree.
bottom line is with the fins out and *known*
we're all wiser .. i admire jd because it's
due to collective efforts (including his) that
the co. even survived when others didn't
Even when fins come out and show how poorly things are going, aka 2nd qtr, there will still be claims that we dont know how the company is doing.
Big deal that the company survived. How did they survive???? On the backs of shareholders. There are piles and piles of companies that are complete scams and survived 2008 also. How may you ask???? By scamming investors.
The company didnt survive because JD found new ways to increase sales or diversify, it survived because they pumped and diluted.
He doesnt deserve credit for that, he deserves to be thrown in the slammer for the lies he has told.
that train is making the face I expect JD to make when the SEC knocks on his door.
Expo Holdings "the company" is... trash
I AGREE!
Poor revs, dilution, misleading PRs. Not a good sign.
so you are of the belief that ARTS can simply double the value of their company just by a magic wand?
Then why did they stop there? Why not quadruple the value?
The issue is not whether or not they can issue different classes of stock, the issue is whether or not they will be worth more than the current company.
What you are saying is tantamount to the board of directors sitting in a room one day and saying hey guys lets create money out of thin air. Today we will create a new class of stock, we will determine the value of it not the market, and then we will more than double the worth of our company. Lets have another meeting tomorrow guys and we will create Artfest Indirect and we will value that at 40 bucks a share. Next week we will create Artfest Around the Corner and we will value that at 1000 a share.
first off you are treating an Expo "news" release as if it means something. That is a big mistake.
Secondly, Kronotex has been PR'd already. This company likes to PR the same thing over and over with different wording.
Ever wonder why the revenue numbers suck, but they PR about 12,000 different deals????
Next.
to handle what Lowe's order????
18 displays?
Dilution to pay bills. Nothing more, nothing less. If JD would just pay back the money he owes this would not be necessary.
No you cant.
A company can't just decide one day it will make itself more valuable by issuing shares.
1 share for every thousand would mean that each ARTS share you own now would be awarded .01 in dividend value. The stock is currently trading below a penny.
It doesnt take a genius to realize that the company can't simply decide one day to issue a divvy for more than what the current stock is worth, aka more than doubling the market cap just by issuing a divvy.
Dont let them trick you folks. Its not magic beans.
If this was all you had to do, why wouldnt companies just offer all sorts of divvies instead of diluting? I mean if you can just wave a magic wand and create money out of thin air...
or perhaps they realize that the dividend is nothing more than a dilution tool.
It isnt worth ten bucks. Its a scam. You cant issue a divvy that is worth more than the current price of your stock, just because you say so. It doesn't work that way.
several issues?
like keeping the lights on and paying employees?
Nice work JD.
Is the 10k out yet so we can see if they have 410million shares O/S yet?
That's my prediction.
although, I have a sneaky suspicion, an event of sorts will trump the trips for tomorrow..
So are you thinking a Walmart casework PR?
Or another acquisition?
JD is obviously recycling old pumps, just a matter of which one he chooses.
first as a material event i'd expect mgmt
to release a pr tomorrow giving clarity
Expo doesnt PR clarity. Their PR's tend to cause more confusion. They are usually loaded with ambiguity and misleading statements.
LFM has provided more clarity for sure.
hey can increase the OS .. i see zero
reasons to do a r/s until they uplist
and i'm not talking the otc bb ..
The reasons for a reverse split are quite simple. Eventually when a stock PPS gets too low selling shares becomes more of a challenge. Especially if it gets to no bid.
So you reverse it before that happens and change the symbol and voila. You can go back to selling shares at a big discount and the people who bought them can easily dump them without fear of drying up the bid.
Look for EXPH to do that sooner or later.
We need facts and the some information we can verify
What more is needed???
Fact: etc is not available for sale at a single retailer.
Fact: A/S has been raised AGAIN.
Fact: company hasnt reported revenues for a very long time.
Fact: Company is diluting.
Fact: Expo PR's have almost no verifiable information.
Fact: PPS has eroded from a high of .038
Fact: Several people predicted all of this.
Fact: JD still will not release his or Glenn's holdings.
Fact: JD and Glenn still owe the company almost 400,000 dollars.
Fact: Expo Holdings paid 100k for the rights to a mosquito product.
Fact: JD has threatened message board posters.
Fact: Their garage and closet business has been shelved.
What else is needed?????? Seriously.
Expo Holdings/D&D Displays is not a scam
How do we know for certain???
Sure you can say it is not a COMPLETE and 100% total scam because obviously they sell some products, but those products have become a vehicle for nothing more than to sell stock.
They had 2.4 million in revs for 2008. I suspect they had 1.9 million in 2009 and I think they are trending lower in 2010.
The focus has obviously drifted. Could it be that they simply put too much energy into etc. and really actually thought they had a great product? And then maybe when so many posters and other critics pointed out the obvious flaws (even directly to JD himself via email) that JD just became even more stubborn and devoted more energy to it.
Or was the whole thing just a share selling scam?
It doesnt really matter, both had the same results.
they will simply raise it in tiny increments over and over. This way every time we can hear "it is only a tiny raise" or it is probably for the new ceo, or there is probably a big order that they just need some money in order to complete it.
Sorry folks. This company is in the toilet. Expo pulled off a huge scam last summer with its "game changer".
Dont be surprised to see a new "game changer" this year.
At least we now know what JD meant by two step distribution. Distribute shares once, then do it twice.
Expo's own failed "displays west" proposal is perfect proof of why you would go with multiple companies. Shipping costs on these things can be quite high. Not to mention the costs of sending a crew to assemble some of the more complicated ones.
Maybe that's how expo gets some of these deals. They bid them as if they were all going up the street, then they eat the freight.
If you are happy to post the pics, please do so.
thats a good sign there is no support for a stock. when the ask is lower than the last.
Uh no. I dont think so.
Considering that they PR'd about a bunch of pieces of plastic in several different ways, I would say they are just 18 very simple displays.
Its bad that they are so starved for news that they are now putting out info about making 18 displays in canada.
18!!!!
Come on.
and of course naked shorting on everything else.
I still cant believe making 18 displays has become a big deal. What a sad day for longs.
it never has an effect anyway. Havent you seen all of the pump paint jobs? Have they kept the PPS up?
Nope
18 whole displays,lol.
probably kronotex, and will probably be pr'd 5 different ways.
the o/s only has to be 214 million for it to be over 5000%.
Every company dilutes
Does every company dilute at a rate of over 5000% in one year?
Didnt think so.
On January 31, 2008, the Company signed a Promissory Note payable to the TBF Charitable Trust Foundation for $50,000 originally due on July 31, 2008. The loan accrues an interest at 1.5% per month or 18% per annum. Together with interest and certain penalties, the note balance increased to $190,000. In 2009 the note was re-negotiated, including a conversion of a portion of the note for (Insert number of shares, if applicable), resulting in a balance due at September 30, 2009 of $ 100,000.
Classic example of this company not being able to pay their bills so they issue shares.
In March of 2009, the Company relocated to its new warehouse facility and office and conducted an extensive inventory of its portfolio of domestic and international art and discovered its inventory had been understated by $310,500. The Company reflected this inventory adjustment in Other Income during the quarter ended June 30, 200
Thats how they got "net income" for first qtr.
Who wants to bet me that there will be a similar adjustment for 4th qtr?
from the most recent 10Q...
As of the report date, the Company is in default on all of its short term notes payable to shareholders and non-shareholders. Management has not formulated a repayment plan, and no contingency plan has been established in the event that the lenders seek legal remedies. However, management believes that an amicable agreement will be reached with the noteholders and, therefore, continues to carry the effected notes as short and long term based on the cureent agreement for each note.
Yep. Thats right folks. Scam.
big deal if it breaks .002 for 15 seconds.
funny how everybody and their uncle made 70% last week when the numbers of shares traded at the levels to allow for 70% werent really that high.
but either way it proves my point.
Longs get screwed. This is not a smart investment. Never has been. Short term trades can be profitable, everything else is throwing away money.
until the next seller and the next one and the next one and the next one.
"go up next week"= go down 20% around these parts.
as long as this company is scamming investors by putting out phony financials, misleading press releases, is dumping shares, and pretending their divvy is worth anything, I will be posting here.
Guess I will be around for a very long time.
then it isnt smart to hold this thing for much longer than a day,lol
Who knows what the real numbers are. Their financial statements dont even add up.
Add the revenues from 1st qtr, 2nd qtr, and 3rd qtr and they do not add up to the amount they say they did in the 3rd qtr 10q.
they say they did 2,257,884 for the 9 months ending sept. 30.
But yet they say they did 896k 3rd qtr, 37k for 2nd qtr, and 469k for 1st qtr.
Those numbers don't add up to 2.2 million.
The ONLY thing we know for certain is that this company dumps shares on the market at an insane rate. That is a FACT. An alarming one.
So the real question is are there more shares now than the 213,263,003 there were in last year's 10k.
That is an interesting bet. I would take the over.
How was it good??? All it did was allow them to sell more shares.
There is raising money to grow and then there is being ARTS where all you do is print shares and sell them to pay salaries and other expenses.
There is a really good chance that when the 10k comes out the company will have as many shares as it did in April of last year.
That is after a 50:1 reverse split. That is ridiculous.
it is actually comical to think that a NASCAR truck race would be needed to foster a relationship with a company that has already been allegedly buying truckloads of product from them.
I am so happy to see that 90% of the people have come around on this thing and can see things for what they are.
Wow, quality information,lol. The CEO says so!!!
Actually he probably is telling the truth about the business plan. His business plan is to sell shares. He does that very well.
Even the prior confirmed share structure of 65 million now equates to 3.25 billion pre scam split. From 214 million to 3.25 billion in how much time?
Shocking that it tanked,lol.
nobody is bashing.
only telling the truth.