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Morning Sterl,
Well said.
Have a good day
Varok
Good Afternoon,
Nothing can be substantiated when in the grays.
Yes the bid dropped off and could mean a lack of shares and seeing how close the company is maxed out on their share structure,anything goes.
The company needs to file the 15c and until this happens and we move to the pinks, anything in the gray market is moot.This will happen and I expect in my opinion, early first quarter 09..
One area you may want to be very cognizant of in is the share structure..This is very troubling to say the least..
In my opinion,there is a very likelyhood that the structure needs an adjustment and it may be a R/S or Increase..I have been told no R/S,but I take these comments with a grain of salt, since current times and the lack of much needed capital, many companies are resorting to internal methods of raising capital and that means adjustments to share struture and equity financing type instruments..
In this vain of thought, I would lean to increasing the A/S and an effort to inject capital through equity type financing and thus remove the R/S equation..
However,the company can through a spilt simply wipe-out the current OS and retain the same A/S and then through equity financing packages, start the process all over again.Here again,this is a very likely scenario.
I wouldn't assume the worst yet,even with a R/S..
This is purgatory (Gray Market)..The exchange is a market totally unsolicited and companies move into this arena to elevate to a higher exchange and weed out any shares from old companies that revolved through a reverse merger..Of course there are as well, many, many companies that trade in the grays for reasons of non-compliance and suspensions,halts and other misgivings..
Not the case here.
If the company were to implement a negative share structure, for me is not yet a death sentence even though it does greatly reduce shareholder confidence..
However,what I like about this issue is the professionals they have brought on board..This is a new issue and contracts are being signed..Their business model is very politically correct and now with security on the minds of officials,this company has the products and connections to the gov. and other countries..Very promising indeed.
Why I added at .0001 even with the thought of a split..A split is to most pink companies as just an accounting measure without regard towards shareholders and they know it,so hopefully an increase in A/S will be what will happen.
Even if a split were to happen and I have no knowledge one way or the other,this is now a 50% shot either way.
Even in today's economic climate,playing in the pinks was a very unpredictable game,but now,it's all about staying behind the share structure of these companies..
Until the credit situation improves and don't expect this anytime soon,the pinks is all about trading against the odds that were dismal for the trader before, has now become even more a test of your nerves.
Have a good day
Varok
Good Evening,
We had a good close today and held up well considering this is still under conversion and more MMs need to pick up the issue.
Glad the company issued a PR today with their partnerships, AT&T is a great start.
I noticed a certain poster that continued to post,although it may seem relevant info,but really is distortions and only to cause confusion...His angle is probably to create anxiety and emotion..You will always have these posters..This person has a history on being a negative or what some may refer to as a "Good Samaritan.".
On with our company.
The PR today was a great start..However,the company needs to file the 15c--211 and I know this is in the works...
Currently we are an unsolicited security..
This isn't really a problem right now and it will get corrected in the coming weeks as the company moves into their business model...But you must watch for this event.
What we need to concern ourselves with is the amount of MMs that take up the issue..
Some brokers were slow in allowing online trades and probably because they still felt the Gray Market denoted that concern,but it isn't...
Today was a good day for this issue..We added 3 new MMs and expect as we move forward, more will be added..This is very important..
As we get into the volume days and today was a first, we will get recognized....The volume will set the triggers.
The company has submitted their application for their GSA and this will be a real bonus..In my opinion this is going to happen.
Currently I consider this issue a real bargain in this current price of .0005 - 0007,regardless of the share structure..Yes it is high,but not really a problem until the company decides to expand..That is your watch,but right now, we will in my opinion trade in the next 7 days above .001+..
I profiled this issue on my site as a specultive buy..This is a promising company with real potential from these levels.
Have a good day
varok
Good Afternoon,
I became aware of this issue in the transition stage before the symbol change to take a look and found the business concept very promising.
I have decided not to profile this under any agreement,but decided to profile this on my own.
I have acquired an interest and will profile INCL to my members (2200) within the next week once all the conversion of stock is in place and additional MMs take part.
Company has real promise.
Have a good day
Varok
Good Afternoon,
Another PR brick added to already a great building of our company.
We hear over and over again how folks just can't seem to understand the daily trading pattern and why we just can't move on news to new highs.
I have mentioned in the past that this issue is now one of the best pinksheet issues out there..Company has real revenue,a capital loan not tide to distribution of shares and the contracts just keep coming.
Not to forget the uplisting will happen..
As well,this issue is very predictable and when you notice the retrace or just a slide,for me is just an opportunity to continue to add.
Much of what is going on is covering by some and with the retrace and wide spread,makes this very apparent..
For the folks that have followed this issue for months understand this and will only be thankful that they can trade and flip with holding a core position for the eventual true value.
Right now,the flippers and day-traders are in control and will flip with a 15% to 30% gain.
When one does this he can continue to do this week after week.
I added today at .0026 and now sitting at .0033 is an impressive gain..However,to unload today's buy can't and probably will not be realized until the bid as shown earlier at .003 and that is only a 15% gain..You folks get the point..So anything higher will allow a day-trader to exit or sell...Than the process starts all over again as we see now that the bid once again is sitting at .0026..Even though the Ask is at .0033 and a wide spread is indicative that between these parameters there appears to be the position that shorts will cover in this range and volume will denote this.
Sooner than later this will move beyond most expectations and can happen anytime.
It is this reason why you don't want to be out of this position..
Have a good day
Varok
Expo Holdings, Inc. Receives $300,000 Plus Surge in Short Term Orders
NORTH WILKESBORO, NC -- (Marketwire) -- 09/09/08 -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it has exceeded budget projections with a recent surge of short term orders. Short term orders (those orders that are scheduled to ship within a 2-3 week time frame) now significantly exceed $300,000.
Recent new order highlights:
Fortune 100 Retailer -- 11 new store packages valued at over $55,000 to ship by next week.
Fortune 100 Retailer -- 8 remerchandising packages valued at over $20,000 to ship by next week.
Harris Teeter -- 2 full store packages valued at over $36,000 and several merchandising fixtures valued at over $7,000.
Kronotex -- Over 800 display boards this week and next valued at over $30,000.
Residential tile displays valued at over $108,000 to ship within several weeks
The company has also received several commercial cabinetry sales orders valued at over $50,000.
James D. Brown, Expo Holdings CEO, stated, "We wanted to give our shareholders a 'snapshot' of what we are working on right now. As you can see we are quite busy and have over $300,000 in shipments scheduled for the next couple weeks. Additionally, we are in the first stages of our 22M milestone project. We expect to begin formal shipments on this project within 3-5 weeks. We conservatively expect over $250,000 worth of product for this project to ship by year's end. Shareholders are warmly invited to visit our facility and see what's in process and what we are preparing for.
There are many projects that we are working on, including our milestone project, which can be seen firsthand, but are difficult at best to portray via press releases."
About Expo Holdings, Inc.
http://www.expoholding.com
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Home Depot, Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex USA, Black & Decker, Westinghouse and Stanley.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact:
Chad Sykes
Investor Relations
Email Contact
Correct, and to add that 4 MM on .0035 have not opened today and 3 have been on .0035 for the last few weeks..Only NITE and HDSN open on .0035 and ETRD is on .0036
I see .0036 shortly and probably why shares are thin at .0035
Have a good day
Varok
Good Morning,
Another great NEWS release today..The ending of Reg D 504 is a big deal.
Yesterday's PR on the bank financing tells us this company is the real deal.
When I mentioned that it is extremely rare for a pinksheet company to obtain bank financing should make current shareholders and any fence-sitters completely at ease and consider EXPH as an investment.
Allow me to explain what this means.
Most of us know when we march into a bank for a loan,the bank wants detailed information and than some.
Reason why pinksheet companies don't and can't get the funding through conventional banks is really quite simple..Banks require so much information and most pinks would rather stay under the radar and not expose themselves as a company without substance..EXPH probably has provided information that secured this financing package by "LOI" and other potential existing contracts beyond what we have been provided as shareholders.
When the bank secures a loan with a company,in this case $1 million,the bank wants to know how the company can pay back this loan..My guess is that the company opened up the books as one point and the bank felt the company was way undervalued..This one area probably wasn't enough..The company probably provided the bank with a list on forward contracts and these contracts probably came with as mentioned above "LOI"..Meaning the companies business partners may have provided the company with secured or Notary evidence that business is doing very well and purchases by these partnerships is in the pipeline.
The potential of increased revenue ($5 million just under) over last year played a major roll..
Recent PRs stated a $22 million potential contracts..Well my friends,it would take that amount to even qualify for a $1 million loan..
To qualify for this type of funding and the amount,the company had to at least show the potential that it can bring in about $10 million in revenue and the debt to equity ratio was low enough for the institution to feel comfortable in securing this financing package.In other words the company isn't over burdered by debt.
The bank also may have been concerned that EXPH is a public pinksheet company and trading in subpenny range and what intentions the company is doing to get out of this venue,considering everybody with a grain of knowledge,trading on the pinks isn't by any means a credible venue.
Study the recent PRs..The latest releases mentioned 2 additional acquisitions and the $22 million potential contracts..These future events I'm sure have been provided as additional info to secure this loan.
Of course this is just my opinion,but this financing package is a big deal and as we move forward,we all will be exposed to what the next coming weeks will give us shareholders on our ROI.
I'm excited about this issue.
I've always stated that 98% of pinksheet companies are junk (not investment grade) any only less than 1% actually make shareholders a ROI..I feel that EXPH may be in the 1%,but it will take uplisting to a higher exchange and I feel more confidant this will happen..
Have a good day
Varok
Good Morning,
Excellent news !!!
I don't think this credit or equity line will be tide to share buyback..I'm pretty sure the bank made that point..Of course my opinion..Banks don't loan monies for corporations to buyback their shares.
Anyway,this is a start and what we needed to hear that the company has gotten the attention from financial institutions not tide to share distribution/dilution..
It says alot,that a company like EXPH can continue to obtain bank financing which is rare for a pinksheet company.
I'm sure there is much more information that was given to the bank for this loan that we haven't even been made privy to.
ABSOLUTEY!! Positive news.
The next 2 weeks will be a real bonanza.
Stay tuned folks,you haven't seen anything yet.
Have a good day
Varok
Good Morning,
Many excellent points on reading the tape yesterday.
Here is my take.
If you have noticed NITE has been on the top of the Ask in the last week and always has the open date the day before and closes the session only to never open on the day of trading.
In other words,Nite today is sitting at .0023 yesterday's close and shows yesterday's date..Yesterday he sat on .0024 all day long, on the date before only to close out the session at .0023..Now today he hasn't open and will probably maintain this position until today's close..
NITE is known as a shaker or the intimidater..MM use NITE to their advantage in making folks nervous and hopefully get them to trade out of their shares to cover for other MM and in this case, my guess he is running interference for ETRD and SBSH.
This is concurrent with the short position on EXPH reported earlier and reason why NITE won't budge and allows a methodical covering by only inching forward on a tick at a time..Look at the chart and you will notice that at every closing session we are inching higher and is a good thing since holders are holding long and volume is light and my guess is that MMs or the ones that are in short position are concerned on a potential squeeze.
In other words,there are no shares to be had..The company isn't diluting and longs are holding tight and MMs are getting nervous.Headfakes won't work because we all know that the fundamentals on this issue are strong and as well we know that this issue is EXTREMELY undervalued.
Remember,today is the end of the month and next week will be a short trading session but will be an explosive month.
Have a great holiday weekend and see you all on the trading floor next week.
Have a good day
Varok
Good Evening,
It isn't that cut and simple..
We know the company has an accounts receivable and must make accounting adjustments on the current daily operations of the company..This is all on internal accounting.
My guess is that the company is probably tapped out on the equity draw from local financial institutions so they have only one option, is to sell shares to raise capital.
The equity draw is contingent and will always be adjusted on the daily,weekly of influx of monies from ongoing accounts receivables..Most of these accounts are adjusted on these parameters.
We know that the company hasn't sold shares since July,so my guess is that the operating budget is based on the accounts receivables and these account receivables are coming in as accounts payable, as we speak.Thus, operating current budgets through accounts receivables and not result in the needed of raising monies by selling shares has now taken on a new model..In other words,the company may have turned the corner in not needing to sell shares to raise capital.
Keep in mind, all companies sell shares to raise capital and our company is in no way any different..
Most of the cash or operating expenses is from ongoing Moines received from selling of shares and with that said,all the ongoing contracts well only amplify the future operating budget coming from existing accounts receivables and will ensure that the company can sustain itself on isn't own business model.
I'm not concerned at this junction and still feel that EXPH will involve to a real midcap company..
With the proven contracts and eventually the actual sales for new contracts,this company and understand,this will be dependant upon the share structure will assure us as shareholders, we have the next pinksheet that made it to the big leagues.
Right now, I'm confidant that we have a winner and feel we will be rewarded as shareholders.
Understand, this is still a very predictable issue,but be warned, it can turn almost on a dime to the uptrend and that is my guess..
I like the company and consider this a hold from these levels.
I also feel we will uplist and from what I am privy to is that the audits are not as problematic as many other pinks..Read my last post for uplisting.
As for buying back shares....I feel currently the company is in a better position to use any monies to expand the operations rather than buy back shares.The share structure in my opinion is attractive enough and would rather have the company concentrate any extra monies for the cost of uplisting.
In my opinion,the latter is probably the format for uplisting..
Have a good day
Varok
Good Afternoon,
Just confirmed by me from the TA.
O/S Today.
439,423,442
Have a good day
Varok
Good Morning,
I know it looks painful watching this issue on a daily basis,but it's August and things are just slow on the big boards and most of us are getting into other projects..
I take off generally every August for the great fall and end of year run.
This issue even though it appears like it's just another pink,but things couldn't be further from the reality..
I still feel we have a great small company and as I have mentioned in my previous post,once these dilutive issues and contracts come online we will get back to our real value.
I have been adding since it dipped below .002 and even today adding at .0015.
Although,the action on this board is not the only source of buyers,but certainly the naysayers have taken control.
Don't be taken by the negative sentiment and insults spewed by these same people that say the company is just printing paper to stay a float..
EXPH with all the contracts and potential as a growth company, there will always be a certain amount of company selling shares to implement their forward going projects..Also,keep in mind even though the company may be selling shares they also have made great strides in buying back share as well and I expect this to continue..
I consider this a buying opportunity under .002
See you in the Fall.
Have a good day
Varok
Good Afternoon,
Can't say I'm happy with today's session,but I will say that today presented everyone with a huge buying opportunity.
There is no doubt,this issue will eventually settle back to it's fair value..
The release of numbers and revenue,as well we all know, is extremely undervalued and what is going on, is just pinky arcade shenanigans manipulated by MMs.
This is a buying opportunity and I took my share today at .0022..
If there was any pinksheet company with a proven revenue growth and potentially new huge contracts,this is the one.
As I have mentioned in the past,I speak to JD and Chad all the time and find their honesty and transparency on how this company is coming together,a real plus.
I spoke to JD yesterday in great length and I can tell you he doesn't like this current trading range and he is in our court..There is little he can do and I gave some recommendations which I won't go into,but he is well aware of the BS shenanigans that is so prevailing in this venue.
We are heading into the company's best part of the year..Exciting things are in the works and patience is the operative word and if you folks can average in without getting over-extended, consider this a buying opportunity.
There is plenty of information on this issue and nothing is being hidden and everything is open and on the table..Call your IR department.
I still see this as a target of .01 and could very well range in the .03 - .05 by year's end..This gives us a MC of $8 million on a share price of .02..
Year 2007 revenue was just under $5 million and now with a new acquisition of Southren Candle and 2 more to come and the new contracts PR'd earlier, we are heading towards a $15 - $20 million dollar company.
The higher exchange will happen..Read my previous post on this subject..
I recommend this a strong buy under .003.
Have a good day
Varok
Good Afternoon,
Wrong again!!
That isn't necessarily the case..This deal can easily be made on the preferred basis or on restricted shares and my guess is that the folks from Candle,being a private concern and a small company with already a $5million sales account,seems obvious that money isn't or may not be a issue.
So they may just be compelled to invest by merger and receive as a preferred holder and have one of the founders receive a board position.
Remember,EXPH can easily prove to any potential acquisition that EXPH is very much a growth oriented company
Have a good day
Varok
Good Morning,
The PR this morning is the long waited press release that will propel us to and above .01.
I generally never view a pennystock as investment grade,but this company has shown me that they are very well position to ROI 10 fold.
With the current O/S at 350m and today's price of .003, gives us a market cap of $1 million..Last year they brought in just under $5 million and this year is already looking to exceed this and my quess is 25% increase over last year..
The company has shown they are willing to reduce the share structure through buybacks and more is coming.
You can't get better announcements from a pinksheet issue and not be amazed by the shenanigans and the constant bashing on message forums just to feed on emotions and anxiety of shareholders.
I have talked with JD and Chad many times and with all the negative comments on these two gentlemen,things can't be further from the true..These folks are very open and provide a wealth of information and do have the shareholders interest at heart.Give them a call..
The transparency from the company is above approach and if one would just listen and read the latest prs,you would be addressing the same results with strong anticipation.
Each new PR is a wealth of information and gives us an insight on the ongoing growth of a very small company.
Yes it is rare that a pennystock can make it off the pinks..Of course these transformations to move to a higher exchange takes time and the company has given us the desire to do exactly that..For now, just enjoy the PRs that are giving us the tidbits and the real potential from a company hidden in the hills in a small borough of North Carolina, that could one day excel into a fine investment going out 5 years.
The current Market cap makes this issue very undervalued as shown above and the true value on just the heels of today's PR, should give us a share price of .05..So .01 is by my account a no-brainer.
If you are holding junk in other issues, it makes since to move these monies into what may and can be your makeup losses and average in at these prices..
I like this company and consider this a buy recommendation over and above any speculation that prevails many pinksheets issues.
Have a good day
Varok
Good Morning,
This is the pr that will propel us to .01.
The one we have been waiting for and all the hush hush.
Great News!!!
Have a good day
Varok
Good Morning,
Charts look good and potential news should give this issue a nice run.
I'm in
Have a good day
Varok
Good Morning,
That is correct.
Many T-trades is just to balance the trading session to hide any real momentum for covering or to allow the MM not give the impression (chartist)that there may be a run during the day.
When MM open their trading desks in the morning and find that there are huge buys on the ask,they may decide to take the orders,but not post and thus give the impression nothing is really happening..This scenario is usually played out when the need to cover is paramount based on the lack of shares or they see volume picking up without the inventory of shares..
Like today,they are playing head games by lowering the bid to entice sellers as to give the impression that the last two sessions were nothing but momentum and not that shares dried up.
Now lets talk Float.
Float means very little for a company like EXPH that has tremendous potential and the 2007 revenue proved this..
Float only matters to day-traders and flippers who trade in and out without regard to the company..It just doesn't matter!!
O/S is the real meaning and if the company chooses to not raise the O/S is a plus,not necessarily dilution since No new shares are being moved from A/S to O/S.
However,when restricted shares become unrestricted or in the case of EXPH laying out the reason for raising capital,in the short-term does present a drag on the share price,as well raise the float,but overall, the fundamentals with respect to MC in relation to share price is only a short-term negative and once as with this case, the normal cycle of trading resumes it's position or true value.
We know now or have a reasonable idea on the share structure and eventually the true value will correspond in the share price.
Current MC is now $1 million and based on 2007 revenue of $5 million (just under)should have us at .01 and the float has no bearing on this...It's all in the O/S simple!!
I see the current share price as undervalued and expect probably within the next couple of sessions this will start it's climb as well take out more and more of the bottom feeders that acquired under .0025..
MMs know how many shares were bought up and they will go after them until they feel they took them out and even today they tried,but appears folks are not ready yet to relieve themselves of these shares..This only proves that holders are becoming more relaxed with their positions and willing to ride this further north and eventually the MMs will have to oblige.
Have a good day
Varok
Good Evening,
Share price is setting up quite nicely after many sessions of a slide..
We are now in churning mode with small gradual daily increases on the close..The last couple of trading sessions and today's close of .0025, held up well..
It appears the company currently satisfied their appetite for securing their financial arrangement as outlined in their PR on the potential $12 million contract.
The selling of shares is over for now and we wait for the new update on the current share structure.
My belief and only an opinion,the new numbers will read like this..
O/S 350 million give or take.
Float 160 million again give or take.
The current MC is $875,000 under the current share price of .0025.
Considering the revenue of 2007 just under $5 million and with the new numbers being released shortly, we should be trading above .01, without a problem!!
Look for the resistance at .0027 and this will probably happen on or just before the next PR and if I had to guess, this will happen this week and a possible close Friday of .003 +..JMO!
Share Structure announcement will bring our share price above .003 and continue to churn in the trading range of .003 -.0035 for the month, and close of June..
Remember,the MMs need to balance out their monthly statements/books for June and any short position as small as it is, will be corrected and indications appear with the wide spread, shares are tight and should bode well going into July.
It's going to take volume..
Shares are now in hands for further updates and believe this is a very powerful pinky play and has the potential that even this issue, may just stand out and be that 1% of all pinksheet plays that can make a difference.
I would like to see a 25% increase over last year's revenue..Fundamentals don't appear to make a hill of beans in the pinks..
Watch the share structure..
The question is? Will this issue be a ROI and a must for playing the 3Ps of investing and strategy..
I still consider this a buy and hold for .01 +.
My target without any further share structure augmentation and outlined to above analysis, .03 - .05 year end..
Have a good day
Varok
Good Afternoon,
Nerves are being rattled and the after hour T-trade yesterday probably caused some to be spooked and sold.
However,what is happening here is not the fault of the company and my understanding is that the share structure is the same and unchanged from last notice from the company..
The company isn't diluting and the hyperbolies floating on this thread is probably taking it's toll with emotion and anxiety on some.
There will be a PR later today to explain the situation.
I have my own take on what is going on,but I believe that the company is up and straight with us..The revenue the company brought in 2007 makes this a undervalued and oversold at it's current level.
Many times with issues that have individuals with restricted shares will have an MM be the handler..
When an MM knows that one individual has certain number of shares coming unrestricted, this MM will sell to a hedgefund these shares,but not delivered since they are restricted..This hedgefund will then turnaround to this same MM and sell them on the open market..All the time at a high note..Remember these are virtual shares at this point..
So when these share actually become unrestricted they get turned over to the MM for covering and then they get released on the open market hence the dropping of the share price and also known as t-trades after hours..
Welcome to the world of shorting and covering.
When this segment is over, the price will raise.
This is a real company with real revenues (2007 $5m) many PRs giving positive outlook for 2008 with respect to potential new contracts.
I'm buying at this level .002...
The above is my opinion and this being a pinksheet issue and one of the better companies out there, anything goes..
Yes, it is nerve racking to say the least,but opportunities can be made with such downside,because I believe that the gains here will be brought back very shortly..
I expect a higher close to the green side.
But what the hell,this is my opinion and take it for what it's worth.
Have a good day
Varok
Good Afternoon,
Still reviewing financials by Auditors.
SEC documents are being reviewed by legals..
The post-merger and ongoing business plan as what the company will look like, are still being finalized.
The time frame is end of June..
All indications at this point, it is still ongoing.
Have a good day
Varok
Good Afternoon,
After reviewing 4 other trucking companies of which are much larger,but all have about the same amount of O/S.
So my take on this after further review is that we will probably get an announcement on the time of the R/M, a R/S..
I mentioned in my previous post that a 2:1 R/S would be adequate,but after looking at these other trucking companies,their average O/S is just around 50,000,000 shares..
So if this guide has any merit and in my thinking would be a good example of what this company would be in the post-merger.
If the current O/S is about 330,847,747 the time of the merger with a R/S of 6:1 would put JPT in line with these other trucking companies and give us a post-split O/S of 55 million shares there abouts.. The A/S does not need to change.
Most R/M with any grain of salt does a pre-merger R/split..I expect this issue to follow suit since the viability of an already revenue and Asset acquisition like JPT would not be beneficial for a post-R/split..
Once this has been taken in the post-split, then the bean counters will revaluate the numbers and give it a proper P/E of around 15 -/+ as inline with the industry.
Once this has been acknowledged and based on 50$ revenue and other factors.We will have a post-split share price of around $.25 to .35 per share.
The Math:
Post split from current numbers.
55 million shares on Revenue of $ 50 million
post split share price .015 -/+
Industry P/E of 15 +
EPS .90
Post split share price .25 to .35
Just my 2 cents
Have a good day
Varok
Good Morning,
I concur..
As I have mentioned in my last post,Mr.Peacock is the means for this marriage and if and when this does materialize, you can be almost certain that Peacock will no longer be the controlling holder..
He will get his reward since he owns the majority of the shell,but be assured that the legal folks and this investment banker has well dug into Mr.Peacock's history..
The control will almost surely be on the shoulders of JPT management team and will run this company like they did successfully as a private concern..
The only reason to go public is to greatly enhance the fusion of much needed capital for expansion and now with fuel costs rising, makes going public an attractive venue.
No company with a successful track record like JPT, who has assets and revenue will want to marry a shell for the sake of losing to a peddler or a purveyor of paper.
Have a good day
Varok
Good Afternoon,
Very rational thinking and one of a few probabilities and not at all out of the realm of possibilities..However, JPT is already in revenue stream and that like many pinks, the current share structure is extremely attractive on just the potential of this marriage,i.e.;higher exchange and ROI for both common and PREFERRED..
To raise the A/S would only serve to benefit owners as with many pinks that turn good companies into junk or have them salamander down at the bottom...
Because of this RM, the owners and whatever arrangement can be put on the table is that the remaining balance of A/S-O/S is roughly 600 million..Hopefully,because of current revenue, any remaining shares would be considered investment grade rather than allocated towards running the company,like so much of that junk on pinks, doesn't add up.
JPT has brought in for 2007 just around $50 million in revenue and has ASSETS..I doubt that the board or Majority holders of JPT would be interested on just selling stock to get back their investment and loss of prestige to allow the eventual demise as to turn JPT into an ASSET liquidation or fire-sale..Don't see this either.
No,in my opinion,I feel they would like to go public and just through market forces let the stock raise on it's own merits..
The below analysis is just for this time frame.
Currently, our MC is based on the latest O/S of 330,847,747 X .003 share price = $1,000,000 dollars.
WAY Undervalued !!!!!
Ok,once we get into the post-merger and lets leave out the P/E ratio and EPS ratio and do the math straight-up based on MC and revenue, we should be trading in the post-merger at .10+
Ok,we are at .10 post-merger..The remaining balance of the A/S = 650 million shares is left to consummate this partnership and keep it in mostly preferred..
If the company pondered a R/S,I would be in favor at the time of the definitive agreement.My reason is very simple and would only amount to a 2:1..
This would not be practical because of liquidity concerns within the capital markets..Raising the A/S and even O/S just to R/S after the fact would never hold with current or even future potential investors.
I'm on the premise that JPT is looking to go public and build a long term strategy with a strong loyal shareholder base and provide a ROI by attracting institutions and other investors that see the potential well beyond the pinks.
Mr. Peacock provided the means for a fast-track, and if the company is sincere in seeing JPT continued the growth and reputation as a viable trucking company, I just don't see the need in medaling with the already high share structure..
Let the forces in the market place dictate ROI..
The company is bringing ASSETS!!
Have a good day
Varok
Good Morning,
Been reading the board and find many good questions and rational thinking.
Some have pondered what the post-merger share price would be trading at.
Let's do some math and I will keep it simple and is just for discussion purposes only.
Currently our MC is based on the latest O/S of 330,847,747 X .003 share price = $1,000,000 dollars.
WAY Undervalued !!!!!
Ok,once we get into the post-merger and keep in mind the LOI is just that and is never assumed or should be that this is a done deal..These LOI seem and I know many of you experienced through your trading, that they can and will not go through.
For this exercise we will assume that it is a done deal.
When you leave out the P/E ratio and EPS ratio and do the math straight up based on MC and revenue we should be trading in the post-merger at .10+
Example:
We know that JPT revenues were $47,158,481 according to bigrigjobs.
So if the current O/S of 330,847,747 X .12 = $39,701,729
Now many factors will work into the equation once the R/M is in place,but you can see that at least .05 is a very achievable objective.
Have a good day
Varok
Good Afternoon,
I like what we have here and took a position.
Also profiled this issue on Stockmarketquarterly.
Have a good day
Varok
In addition............
It's worth mentioning that there will be a onslot of bashers that will attack this board going thru the weekend.
I for get to mention, the end of the month is tomorrow and MMs MUST balance out..Today's action was part of that.
I think we will hold tomorrow,but head-fakes will be in play.
This is on the heals of what was in today's PR..
Folks!! Read in-between the lines.
Have a good day day
Varok
Good Evening,
A very positive day and better days are coming.
This was a good day with a very must pullback..Flippers and daytarders were in the fold..However,the strength of today's PR held them and brought in buyers to prevent the 3 day rule of a run..
In other words, we held up very well.Today's PR spelled it out,but bottom feeders must be taken out and the MMs know this..It was today that spells this notion and may tomorrow,but I expect to hold.
Some have mentioned the after hour trade of 1.7m there abouts trade at .08..This was a balancing the books trade by MMs.These trades only show up after hours and has nothing to do with the opening bell for the next day or the close.
Folks!.This buy was huge..It accounted for 135$K+ trade..
No after hours trades in this venue.
If you noticed on the tape the .08s were early in the morning and the MMs didn't want this one printed at the time, so they held back..This is very important, since I believe there are some short covering and this trade would be a landmark trade that this issue is ready for a major run.They didn't want the run.Not now, or today..
MMs are short from previous.
There are reason why some brokerages house don't except online trades..These same brokers are in short position and dumbfounded by the divvy and restricted program that the company has established.
What does this mean for us?
Taken today's pr..We are off and tomorrow will probably take out some of the lower holder and reason why this appear on a after-hour trade to defuse the charts and stall any momentum that will ultimately come.
My target for next week and pending the next series of PR as ascribe by today's PR..
We are heading for .20
Have a good day
Varok
Good Afternoon,
I like this issue..
I will profile it this week.
Have a good day
Varok
Good Morning,
Today's video which is a powerful tool and yesterday's release on the share structure,it seems that we have now been visited by a concerted basher that usually comes with success..
Last week when the company announced on 5/14 through a great PR on the " contract that if awarded could exceed $12,000,000 US dollars over the next 2 years".
This press release is huge and will certainly improve already a great revenue stream, that will return on investment 10 fold.
Some folks took this PR in the wrong light and probably took from message boards that this is very dilutive in nature..Folks! This can't be further from the truth and yes there will be a certain amount of Equity type financing but nothing compared to the bloviating that went on last week.
All companies have to raise capital and I can attest that EXPH is different with respect to shareholders interests,that this will not effect the overall share price going into the latter half of 2008.
I have stated over and over this company is WAY undervalued and when the true share structure gets released you will find and agree that the current price is typical of manipulation unwarranted for such a company that is transparent and business model with great clients out of the fortune 500 list.
The release yesterday.." The company would like to also update shareholders on the previously announced reduction in shares. All paperwork has been signed and submitted by the company. The company's transfer agent is currently awaiting certificates from both Morgan Stanley and Wachovia Bank to complete the retirement. The company is retiring 5,260,000 shares of free trading stock and 187,268,400 restricted shares of common stock. Upon conclusion of this retirement 367,712,469 shares will be issued and outstanding with an effective float of 169,276,297 shares of common stock".
This is a positive event and should not be overlooked.
With the O/S just around 367,712,469 million shares and given the revenue from last year and already great contracts released so far in the first quarter of 2008 and now the potential of the $12 million contract just released will put us back to a real value and that should be .02 -.05 share price.
The current MC is under $2 million and the true revenue already released for 2007 is a tad under $5 million..Do not be fooled by the naysayer's and bashers that bloviate on message forums just to scare you out of your shares only so they can acquire them on the cheap.
I consider this a strong buy and feel confidant that the current price will be short lived...
Sell your other junk and moved it over here to recoup any losses from dead issues.
I am in regular contact with the management team and IR and feel confidant things will go our way.
Have a good day
varok
Good Afternoon,
Turnaround occured at or around 1.45pm and this now is looking like a major run on pending news or something really positive.
IMO
Have a good day
varok
Good Afternoon,
Emotions can best describe the session on Friday.
ETIM is a seedling that needs to be nurtured from the ground up,while revenue is the ultimate reward towards ROI,this can only be established after a solid foundation is set in place..
As far as Shareholders concern.. The company was born on March 27, 2006..So the company has been in business just under 2 years.
The portfolio is growing with Hallmark license contracts and expect this to continue...These major Hallmarks all came on board in the early months of 2006.
A very impressive portfolio in such a short time frame..
The company over the last 9 months have positioned themselves in marketing their brand through various venues with dealers and distributorships in North America and partnerships in Europe..The result of these new partnerships are now filtering through the chain..
The European connection with Reméire is important and yet to realize the full potential..Expect this venue to bring in the numbers close to the 2nd half of 2008.
The costly setup and implementation of production lines are ongoing and will be the real challenge...
So now, one year later with the business model in place,dealers signed on to market the ETIM product line,the continued ongoing marketing and is well documented through press releases...The company is on target and all prior events to current displays a business plan in motion.
To base the company and it's performance in such a short period time on revenue is not taking the big picture or timelines into account.
Friday's drop and the general share price decline over the last few weeks from .004 has very little to do with the company..The volume dictates this..Friday's selloff was unfortunate and only allowed many to pickup cheap shares at a basement price..The decline in share price is coming from a seller...My guess is, this seller isn't concerned over the daily operation of the company and is liquidating part or whole,doesn't matter or for whatever reason, the volume dictates this as well..I've been a buyer and many of my buys came in as sells and more importantly the increments were in 5000 lots..This was Friday.
The price movement on this issue is very fluid and as many know, this a tradable issue or a flippers dream..No doubt about it and it shouldn't be an issue..The company in due time will allow investors a ROI..
The company is doing it's best to be transparent and in my opinion one of the best pinks out there with a real chance....
The company will uplist and even in this event,the timing isn't unusual and with the signoff on the SB, will put the ball solely in the regulatory agency's court..
On with the share structure and the true meaning what it means with respect to revenue and your investment.
The share structure after uplisting will be our main concern and what it means for ROI..There has been much discussion on financials and an equal amount on the Stock Buyback program..This Stock Buyback discussion and advocates need to settleback on this..This will never amount to a major adjustment towards share structure and putting emphasis on this will only result in a setback when actual numbers do filter down.
To make a relevant difference on the Share Buyback,the company would have to buy back at least 2 billion to make a impact on share price..
Currently our MC is $6 million at .002 and like I've always stated, undervalued from .004 at $12 million,where I think is fair market...Many companies on the pinks with a less desirable business or no business model trade much higher...
We are tanking not on anything that can be construed as a problem directed towards the company or from the company ..Friday was a touchy day,but because of weak-knees that sold out,dropped it to a low of .0016..Which incidentally is a gap that conveniently has now been filled...If they held, the price would not have dropped that far down..It was fueled by the current seller which put a further drag on it,but buyers were quick to pickup..There was also a covering position by MMs because of the end of the month and their shenanigans were displayed on level II.
Until this seller moves on it will be a very short term problem and will play on nervous..
I consider this still a reasonable investment and where one can trade for profit and still hold shares for the long-term..
Very good post SuperBee.Stingers were buzzing..
Have a good day
Varok
This major pullback was predictable and needed to happen..I will leave it up to MK charting as an example..We will bottom out at .0017..The move comes today on announcing the close filing of the SB, the end of the month when MM must balance out.
Most importantly is the seller we had for the last few sessions..He/She needs to be taken out and that will happen today in my opinion.
We will close higher today..
Think 2008 and Uplisting..The intellectual properties that the company has in it's portfolio is the value right now..
The financial release today shouldn't be taken other than is was expected that it was never going to be anything of substance.
Sellers have taken today's release in the wrong light and the important issues are still well on the table.
Timing couldn't be better..
Hang in..
I'm buying...
Have a good day
Varok
Good Morning,
This major pullback was predictable and will close out at .0017..The move comes today on filing SB the end of the month when MM must balance out.
Timing couldn't be better..
Hang in..
I'm buying...
Have a good day
Varok
Good Morning,
I still stand by the company and it's future..I consider this a great buying opportunity in the range of .0035 to .004..However...
The company continuous to make strides in developing their programs and with the recent announcement of their new licensee with Star Trek, is another great addition to their overall portfolio of great hallmark licenses..This will in no doubt carry much weight as the company continues to pursue other lines.
Also,the company has become very transparent and their most recent announcement that they have set aside a budget fund to commence a share buyback program,is very good news...However,shareholders must realize that this will take a great deal of funds to work the buyback down to attractive levels for ROI for shareholders.
With the new development on the share buyback,the company has established a brokerage account to actively buy shares on the open market..When one does the math and the current price now and reasonably stable at .004 means that if the company buys back 1 million shares per week, will be spending $4,000 for every million shares..
With the current O/S at 3,237,801,439 the company would have to buyback their O/S they just increased and at least another billion to actually make a differance on the share price..More importantly,the funds that this would require is huge and very expensive giving the nature that the company is a manufacturing concern and this requires extensive capital to meet production costs...
What I see going forward is if and only if, the company can buyback a huge amount to make a difference, the total buyback would have to be approximately 1,237,801,439 for a total of $5 million...This would probably take 5 years giving the current revenue and the capital needed to maintain production levels..I highly doubt that this could even be possible.
What I do envision is that the company will attempt to lower the share structure to a level that when a R/S is implemented would not have such a drastic effect.See my below analysis on the reality of such a move..
Never the less,the company's interest to improve the share price and ROI is commendable and should be applauded.However,I still find the need to have the company institute a R/S to bring down this top heavy O/S to a reasonable level that the overall MC is within projected range and can compensate the growing revenue as well as continued increase in share price and ROI for shareholders.
I wrote the below analysis in April of this year and gives a very reasonable approach towards a ROI that will only benefit us and view this investment as a long-term hold..
I am and remain a long-term investor and that is a rarity in pinks..Even if the company does a R/S like the below analysis, I would support this move overwhelmingly..One may have less shares,but the actual dollar amount stays the same and given the company's business model and future potential would absolutely make No difference on your investment..I believe the company could actual counter such a move and continue on a positive course and reward sharholders....
Here is my analysis from April.
"Folks this is a real company and a great business model..However,one needs to analysis and do their DD on what they would perceive their ROI to be lets say in a couple of years from now.
I have provide some insight and now I will go into some detail that I have spoken about in previous posts,but because the previous posts were deleted from my other board I will relay it again.
There is NO doubt we have a real company and a real management team that at every turn keeps shareholders abreast of current and upcoming news..They have set in place a real business model with powerful licensee of hallmark products,a well defined marketing and sales team with a distribution system across America and growing..Their manufacturing facilities is setup and tooled for delivery and they are making deliveries...The accounting department is presently working on the AF and expects them out by the end of May..What else can shareholders want that they haven't delivered..The company is on track..You as a shareholder now needs to take this investment and realize what it can do for you going out a year or 2 and as some like to point out, for their retirement fund..That is all fine a dandy,but the company will not be the same a year from now or even 2 -3 years down the road.
There is a process which the company must do before it can really take notice for Institutions and other big money to come onboard..The company, once they complete the AF will surely try to elevate themselves to a higher exchange and it most likely will be the OTCBB (4/18 post outlined this process) since only filings are required and at the current share structure and share price is no problem..However,this is where it becomes what some or actually many current holders seem not to want to discuss or even think about,but has to be factored in since many want and rightfully so, hold for a long term.
When can a shareholder expect a higher share price and realize a ROI to maximize their investment to maturity??
During the CC the company projected a revenue of $17-$20 in 3-4 years and in my personal opinion, conservative to say the least and very achievable..
Here is when one needs to do the math and set aside the dreams and the bloviating that encompasses so many message boards as just plain over the top targets that will and never be realized under the current share structure.
Presently the company has 3 billion shares outstanding,yes I realize it is lower by 250 million,but really not an issue so we will just go with the 3 billion and work with round figures for simplicity.
When and if the company moves to a higher exchange the assumption that the share price will go much higher is misguided and not a rational assessment of the true fair value..Yes we will probably get a spike,but it will surely settle back to a true and fair market value based on the net worth known as Market Cap..
How does one realize Market Cap?
Market Cap is the figure derived from multiplying the share price times the O/S..
We know the company has 3 billion shares outstanding and with the current share price at .006,thus giving the company a market cap of $18 million and a PE ratio of approximately 300%.. Generally a high PE ratio is an indication investors believe the company's earnings are likely to grow..So you see we are not overbought or even undervalued, contrary what many may say.Also one must understand a PE ratio is generally not a factor for pinksheet issues and is mostly attributed to higher quality investment issues,but for this exercise I felt one can be shown.
When you see the above figures and the current revenue,you will see that we are at a true a fair market value and actually the street is giving us a more favorable share price well above the current revenue..Much of this is because of the interest and the buzz,as well the company hasn't been diluting and that 4000 shareholders have a stake,pretty much kept the price here and the pressure on the market makers from lowering and manipulating the issue..The trading is showing strength and is holding,but one can't assume that a higher share price is probable since the math indicates otherwise.
So how should investors few these events in the long term to truly maximize without losing their principle.
In my forum under the My Strategy in Trading Pennies I have what works for me on the "3 P's of Investment and Strategy".
The company during the CC mentioned uplisting and Institutional interest..
As I have mentioned above the current share price and share structure is no problem to move to a higher exchange..However,to bring institutions and for this issue to command a share price of $3 the current share structure has to be either returned and retired to the treasury via a buyback or a R/S.
The company did say that a buyback would happen in the 2nd quarter and I don't doubt their intentions,but the critical need for capital to maintain manufacturing and other operating budgetary needs has me thinking this would be a minimal buyback..Companies that have a manufacturing division or rely on the manufacturing of it's products threw outsourcing generally rely heavily on capital to maintain their pipelines of delivery and less on buybacks of stock.
However,a stock backback serves a number of advantages of which one that will be recognized to raise additional capital to move forward,using the well known equity financial instrument as collateral.This latter serves best since the company will unlikely raise additional A/S..This is a critical time for the company..Much needed capital needs to be raised to facilitate their programs and the current O/S just below 3 billion really doesn't allow for much leadway and either the need to raise the A/S to start a Equity financing package or reel in some shares to obtain financing..
Whatever the company decides to do the eventual and when they uplist we will see a R/S..In most cases this is a death sentence,but with this great company and the business model and the potential for growth, I don't see this as a major problem and actually would like to see them reduce the shares outstanding to around 600 million..
My guess once we move to a higher exchange the company would implement a R/S in the nature of a 5:1 ratio bringing down the current level of 3 billion to 600 million S/O and giving us a post-split price of .10 with a market cap of $60 million,well above the current revenue and something that the street would consider..So you see that even $1 share price on 600 million shares is $600 million Market Cap and not something that is reasonable.
When I referred to a 5:1 split is something that the company really can't go much more than this since a higher split ratio would jeopardize the liquidity that institutional would need.However,a 10:1 would give a post-split price of .20 and 300 million S/O.
Don't view the above analysis as a negative,it isn't meant to be presented in that fashion,but rather a rational approach on what we have and can expect going forward into the future..
Also, remember the company isn't finished going after additional licensees and in the future we will be adding additional hallmarks that can only benefit the true potential and growth..
How one views this going out 2-3 years is based on probable analysis and where each individual should view their investment strategy and their temperament..I for one believe the best course is hold FREE shares and as pointed out in my "3 P's on Investment Strategy" the Potential of the company has a very high degree of success.
The company is making all the right moves and the daily movement of the stock isn't a factor and if you believe in the long-term for your ROI play it smart.
Of course this analysis is my opinion only..
Have a good day
Varok
Oh I understand your frustration,but...
To bail now just before the CC on Thursday makes no sense..Just don't understand folks that bailed due to the expatriats that walked the plank are just went overboard with their negative posts, when at least more info will be made public during this venue.
With respect to the reality show..This can be a good thing if it gets pickedup and there is no indication at this point it will..However,at least efforts are being made for such a show and that can only be good thing.
I don't know Blum or any of these folks that have such a disdain for this fellow,but it appears and from my experience with treasure hunting stockpicks,it is a hit or miss and the wait can take months or even a few years..I never wait that long since most of these companies go under due to lack of funds without a strike..From the past rise and fall of this issue, in my opinion resulted in a many disgusted bagholders and now have nothing worth while to say other than rip into Blum..
So now we are here at this moment and hopefully on Thursday we will be privy to much more info than the constant bashing and harping that has taken over this thread.
If this hits and I have no idea one way or the other,but to me it's worth a position.. So I sit and wait,because it could be huge and before it falls again, I will always be able to get out without a great deal of a loss..
It appears we have hit bottom and should churn here until Thursday and that is our cue and what eventually will result beyond that day is up to a positive CC.
Have a good day
varok
Yes,just wait until they detail the artifacts they are bring up...
This is looking to be huge.
Been in other treasure hunter issues and the wait can be long..However,once news hits that they have found the mother load, this will rock well over a dollar..
Glad to hear they like keeping the newest scavenger hunt close to the vest.