Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Really??
"And until Expo Holdings or anyone claiming that Expo Holdings paid off this $50K debt presents the unbiased vetted evidence to back it up, THEY are WRONG also."
I would say unless you have a link to show they didn't pay the $50K..then your statement has no bearing and the poster saying it was paid off is not WRONGas you posted..
It is great to know that EXPO is paying down their debt and no new new dilution has happened as the company said..Late May early June looks to be slipping away..so that "always correct" statement made daily is not accurate as well...veno
Really??
"And the entire custom home industry in California says you are"..
LOL..You do know that CIMA builds custom cabinets for NC?? What was it you said in one post I read..Duh??
Maybe a trip to the Midwest..South or East might open some eyes..
The cabinets that CIMA produces are for the well to do clients in that region..I have been to California..now there you can find the IKEA brand cabinets you mentioned abundently present..LOL..
I would say that California's ranks last when it comes to anything that is furniture related..The state doesn't even know what the word custom means..Catch you much later..I hope you get the shares you are looking for because it is tough to get anyone to sell down here...veno
Well since it is late May early June and no new dilution has showed up as you predicted..I would say the private placement is out..
1) "They will do a private placement of new shares"..
Just yesterday the update from the company said..
"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."
So all those posts before about cash burn rate projections were wrong..
Number 2) is also just speculation with no links..
Since the company said it could be slightly profitable in June..I would say that they have been paying down debt..Paying off equipment buying new equipment and increasing production on increased orders..That in turn results in the ability to pay down even more debt and get the company closer to the new CEO taking over..Now that is good news...veno
"Expo requires 10% deposit on larger orders...so that $142,000 is up to $1,420,000 in work."
Very nice indeed..That certainly answers the question on where $50K for debt pay down is coming from..with much more left over for increased orders and production..Since the LOWES order was new and even larger than the original 20,000 order..I look forward to that get booked as well..
Thanks for the great pictures..I was really surprised to see the huge amount of choices for CIMA and the great looking showroom...veno
Seems pretty simple actually..
"where is the $50K coming from by Friday?"
If you look at the deposits received of $142,000 and the $29K cash in hand..they must expect enough shipping to occur this week to free up the more than needed $21K to pay down the debt..Also..the $142,000 is just the deposit..Sounds like they will have more than enough to make payroll and all other expenses..It also looks like the company is no longer working at below costs..which is the really good news..I like the fact that more employees are now back to full-time..that means even more production and orders are in the works...veno
Lots of projections is all I see..but none in Dec that state $6million was still projected..Still awaiting your links..
Since none seem to be coming..posting about the past is just that..the past..
Investing will always be about the future of any company..So far..as of the end of May..beginning June..no new dilution as the company said..There are great pictures showing a new showroom with a vast amount of choices for CIMA products including hardware to be sold..The future of this company looks very bright right now...veno
Agreed..
"The posted info about what JD Brown said to two individual shareholders is hearsay."
Therefore the company's PR explaining the difficulties in the economy and having just emerged from a survival mode for that year stands..
Many companies went belly up in both 2009 and 2010 and many of the big companies needed bail out money from the govt to survive..Our company didn't apply for BK and used shares which it has every right to do to stay alive..
The good news is that since the company has cash in hand now and that the end of May beginning June is here with no new dilution shown..it would seem the turn around to the positive has started...veno
Links please..instead of third party hearsay
would better to prove your speculation as I said..
You posted for a fact that JD said the company would make $6 million in DEC 09..
"It was $4.36 "mil", based on a guarantee by JD Brown reportedly that Expo Holdings would without any doubt whatsoever "meet it's numbers" and earn a minimum of $6M in 2009."
No shareholder report was mentioned that I can see in your post..
You mentioned that where you come from that is a bald face lie..I say whoever reported that was said in DEC is lying..
Unless you can provide a link where JD said that..then we have to believe it was made up..Like I said in DEC 09..the company said it was coming through very tough times..that from a PR..I see no mention of the $6 million figure being met..I did see where projected income was pushed out because of the economy.
Now as far as the pictures..anyone can make a surprise visit and take their own and show them here that refutes what we have seen..So far I have seen no pictures from anyone that posts negatives daily about the company..What I saw was great looking cabinets installed and orders being processed..It would seem that all recent visits were all very positive..
Looks like profits are not that far off..with the debt reduced and CIMA going full forward...veno
Link please that is not hearsay..
"It was $4.36 "mil", based on a guarantee by JD Brown reportedly that Expo Holdings would without any doubt whatsoever "meet it's numbers" and earn a minimum of $6M in 2009."
All I see from DEC 09 is the company saying they are coming out of a survival mode and gave projections based on an improved economy...veno
Well as you can see from the various posts..
the ones that are buying are sitting at the bid..So..if anyone cares to go that way..many shares are waiting to be picked up..I am not selling after what I saw in the pictures..There are many that want more shares..however..the game is long gone where we pick them up from traders who are looking for the quick wash trades..
Good times are coming..again..watch and learn...veno
Respectfully..The fact is..you are correct..
"One would know beforehand if he/she will be serving on our company's Board of Directors prior to an official announcement"..
Respectfully..the company hasn't made a decision yet..As far as we were all told that process was delayed..I would agree..that when the company decides to make that move they will notify the selected individuals first before announcing it..because one can always decline..
Penny has every right to add more shares and post whatever until that selection is made..In either case..It would seem that recent visits have resulted in more buying inclinations from those in attendance..One more sign that the company is on the right track...veno
Yes..please read the last 10,000 posts as if posters here mean anything to this stock..The majority of shares are held tight by non-posters and the poster you responded to is right..A legit company with legit assets and contracts..No post has been able to show proof to the contrary..
It is good to see the company in overdrive producing top notch products with orders increasing...veno
I agree..
"Plant pictures are always of value."
These certainly were and the fact that the company is working at full capacity right now sure doesn't hurt...veno
Again..much to do about nothing..
What will have an impact for the company is the increased orders and production of CIMA products..Once the showroom opens up..orders should increase even more as well..
It seems to me that the shorts are getting ready to take a hit big time..Now that will have impact and only to the good for the majority of shares being held by the longs and the insiders...veno
Nate..thanks a bunch for the pictures..
It was great to see how many different choices CIMA has to offer as well as the added hardware sales..The etc installation was top notch as well..I look forward to what 2011 brings as it sure looks like EXPO is working very hard to increase production and revenue..
The CIMA showroom pics are oustanding..
Thanks again...veno
Yes I do..
"Really think that they left about 9 million on the the table when this ran up to 3.8 cents?????? REALLLLLLLLLLLY?????????????????"..
I also know that many insiders held their shares and keep adding to their totals..
So I will hold along with the majority...veno
The company is way undervalued..
I couldn't agree more..
"bottom line .. the equipment and inventory is worth 2.5M ~ <give or take> divided by 3.3B OS/AS takes the pps to severely under valued .. if co.s on the OTC were actually valued via the quaint notion of their actual market cap"..
I think you may be underestimating however..considering the inventory should be much higher with production and orders increasing..
Thanks...veno
It wouldn't make one bit of difference if they did file and said they hadn't sold shares and you know it..The pps is where it is at for three reasons..Lack of revenue which resulted in dilution..the economy tanking and manipulation of the share price by traders that have admitted to wash trading using multiple accounts in multiple names..
The continued beat about how many shares they own and if they sold or not means nothing..The pps will rise when the company shows profits..plain and simple..again watch and learn...veno
Management is still holding all their shares..You are very wrong to say they sold..the truth will come out...veno
Thanks as always fourkids for the numbers..
I couldn't agree more with this..
"what is clear
is exph's shares are locked up tighter than a drum and
the shorts have squat to .. er .. squander .."
It is great to see the volume drop back as well..The traders came in and they moved on again..
Like you..I expect better and consistant volume days from "content" delivered from the company..I also look forward to the next updates...veno
Respectfully Jeremiah..
If I am wrong then so is the person I spoke to about the filing in question..Considering the company got the same information..the company still has no plans for a RS..plain and simple..I didn't jump ship when the filing first came out..I still hold all my shares..as I believe that much good news will come well ahead of any reverse..That is..if they ever reverse in the first place..They could very well start buying back shares instead..With a New CEO coming on..who knows what the new direction will take..
I could care less for the filing to be changed..One factor keeping me invested is that there is over 3 billion shares out and the majority are not in the hands of average retail investors or traders..
I have read numerous posts now that state that company wanted the pps to go down so that insiders could pick them up..Regardless of whether that is true or not..I do believe that the insiders and friendlies want shares..So do I...veno
Try again..The amendments you speak of have to do with the number of AS shares as associated with a stock split..EXPO didn't split their stock in the last filing..All they did was raise the AS..There is no amendment that can be filed to change the header that was selected as no stock split occured and shares were accurately accounted for the AS increase..Like I said..the correct answer that was given was that it can't be changed..Let's see what others were told..
"I was asked to call Nevada's SOS and speak with a person as to whether or not the heading error in the last known entity action (2.01.2011) could be corrected using that form I put up. The answer I received was a no. That once any filing is official the heading cannot be corrected on that particular filing."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63299290
That is the same information I was given with an explanation of what could be amended..
Now this can be bantered back and forth as long as you like..but the fact remains that it can't be corrected..that any amendments must be made to the body of associated shares in question..The AS changed in that filing and unless that number was wrong..it can't be changed..
The other fact is that no RS has happened since that filing and no new shares have been added since then..The end of May..beginning of June is getting closer..I am a shareholder of this company and that is very good news...veno
No need..as the answer I got was quite correct..
Any further amendment to the filing in question would contain the same header..Only the body of the filing can be changed..It is interesting to note that the header of that filing said Reverse Spilt..but the body of the filing made no mention of that topic..As I said..the company made a mistake..that is all they did..
In the next filing the company can mention that no reverse split is planned..but that would not be any filing for new shares..which they have no plans to increase..In a filing for the quarter or yearly they can mention the mistake in the mangement's discussion section...veno
Completely correct..
"There will be numerous filings that "amend" the original filings for content. You will NEVER see a "changed" filing, but you will find dozens of amended for content filings post original filings."
Happens all the time..but the content you refer to is what is in the filing and not the filing header..Sure EXPO could amend the number of shares shown was the wrong number in this case..but the header would not change..Therefore..what we would see would be another filing with Stock split listed at the top and different shares amended in the content..
I did seek out the truth and your posts about this subject don't follow what those that call are being told..
Once again the company has said they have no plans to do an RS and messed up on the filing header..that is the truth..
The continued argument about the company saying they had no plans to raise the AS again..but soon after had to do just that..was for many reasons already discussed..The fact that some don't want to acknowledge that certain things happened to require more shares..shows lack of belief of what the company faced without those shares and nothing more..I am quite happy that the company kept its doors open with those shares to get through the problems they faced and the contiuned bad economy..
Not to worry..The company has increased production and no new shares have been added for many months now..
Just a few more weeks and we will see as to the certainty of your posts about the company needing to raise the AS again or RS by the end of May beginning June..My bet is a sliding scale will be used to throw darts at a guess as to when the company will need more cash to run the company..
I am quite content as an actual shareholder of the company to wait for the filing which shows profits being made because of reduced/eliminated debt and reduced operating expenses..Add that to the increased production and added contracts and as the company has said..there is no need to seek more cash through share sales...veno
The end of May and the beginning of June are close at hand..I will be sure to keep track of how much dilution happens during that time period as you predicted...veno
Really??
"I have predicted that the R/S is coming between the end of this month and the end of June. I still see that as a possibility. It will most certainly occur before the end of the year"
So the sliding scale starts as I said it would..This what you posted before..
"That would tend to indicate that they lost around $80K in the first quarter and would also indicate they will be out of cash around the end of May, beginning of June. I see no "new" contracts being announced like they had been doing back in January/February."
Of course the no new contracts was posted in the morning and the company announced the Armstrong connection in the afternoon..
It would seem that you were sure there would be an RS at the end of May beginning June..Now..it is the end of this month and the END of June..Or at least by the end of the year..
I agree with one part you put in your post.."All IMHO"..and nothing else...veno
The majority of shareholders that own the majority of shares know that there is no split coming near term..The majority of shareholders that hold the majority of shares are not selling..The majority of shareholders that hold the majority of shares really could care less if the company files to change the last filing..
Considering the above..I would say that the majority of shareholders that hold the majority of shares in this company could also care less about what the few on this board believe..
"Most on this board believe it to be a reverse split."
legit company working with huge companies..
Debt being paid down..production and orders increasing with a new CEO taking over..
I do believe that the majority of shareholders are willing to wait for the pps to reflect the progress being made...veno
Edit..May 19th and no new dilution..the sliding scale is getting ready to happen..
What is being manipulated is the fact that the truth was given and now a back track is in progress to escape the gaff of the speculation that the filing could be changed..There is no way to correct the filing which was stated..the form you referred to in previous posts can't be used to change the topic of the filing which you stated was the case..You were wrong..Called and verified this morning..Now that was proved wrong..the argument has changed to filing a complete new filing..LOL..very funny...veno
Really??
"There IS an R/S coming, the company principals filed for it in February. Currently they are lying about that filing NOT being able to be corrected. I was told by the NV SOS a few weeks back that the filing could be amended by simply filing a corrected superceding form. That post is archived."
Who did you speak with?? I will call and ask the same question..
considering this new information from an investor that has a vested interest in the company and the stock who actually called the NV SOS..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63299290
I would say your information was wrong..I would be glad to call to check on it as well..as I am also a shareholder in the company who has a vested interest in the company and stock...veno
Well..Once again..this says it all..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63191353
Considering this..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63299290
and all it took one phone call instead of countless posts of hugely wrong speculation..Again much to do about nothing and long SORs not selling..
Legit company..with a new CEO coming on..
Less debt..less expenses..more production and orders..equals profits..
The majority of shares held by insiders and short covering to come..those averaged down shares look better all the time...veno
Really??
"Maybe EXPH should stop doing business with Lowe's and the other well-known companies and start doing business with companies that will allow them to make a profit."
and you know this how??
It is a fact that no one knows what the costs are now and if the company is now filling orders at a profit..
Lots of speculative posts based on old filings...veno
There is no RS coming near term..although it would seem to be the main topic here..
The filing won't be corrected..There was no lie..The company is legit and production is increasing..I am a shareholder and I like what the company is doing..There are 3 billion shares out and the vast majority are being held by those that also believe in what the company is doing..They are not selling and neither am I...veno
Actually..I believe there are very good reasons for the delays..One I believe has to do with what shares the new CEO owns and when he will step up..If..as I believe he owns a great deal of shares that they wish to report..then all know owners will be reported when he reports..That would have been in January..but the router going down and lack of cash in hand delayed that..I believe like 4kids..that when the cash is where they want it to be..the filings will come and the filings will show that no shares have been sold..
It is still my belief that Kendrick will be the new CEO and that etc is his project now..That he has stayed away from contact because of straight forward questions about his capacity at the company that he cannot answer..Glenn is still at the head of the company..but I am sure that the person selected to become the new CEO and employed at the company right now has had a lot to say about day to day workings there..I am sure it is his decision now when he will step up officially and when forms will be filed..
On that note..with orders increasing along with production..I don't think we will have to wait much longer..Also..If I were going to be the new CEO of the company..I would want to have something in hand to assure all shareholders that the company is turning around to the positive...veno
Really??
"I spoke with a man I know from the internet and he confirmed that no SEC atty claimed any such story about EXPH."
I spoke to the same guy and he said he lied to you..The reason is..he believed everyone should do their own DD..
As far as JD stealing money..It didn't happen..it was a loan..In fact the man from the internet says that JD has recently paid back the majority of the loan..I usually don't rely on internet sources..but I guess if you also talk with him..I will go with what he has as far as DD...veno
To each their own..Again..asked and answered and I could care less what you believe..
"I do not believe for one second that an SEC atty said those things about EXPH."
Today..
Again much to do about nothing concerning the DTC..As I said..the company has done nothing wrong and specualtive posts are now being retracted...veno
Asked before and answered..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63059660
I do my own DD..
*New CEO coming..
*Lower debt..with more cash in hand for increased production..
*Legit company working with huge companies..
I like my chances here...veno
I didn't sell after that filing..
To each their own on when they buy..sell or hold...veno
Sorry..but you have no way of knowing whether trades on any given day are long..short or short exempt..However..thanks for pointing out that short sales do occur even as some try to claim that they don't...veno
Sure I will..
"exact name and phone number of attorney please."
Are you now posting that you don't know who to call to get the answer to why no FTDs haven't been reported since July 09?? That would certainly contradict all the posts to me and others by you replying there are no FTDs..All the posts stating that they have to be reported and because site shows no FTDs for EXPH..there were none..Was that all speculation?? You can thank SB for putting me to the task a long time ago to find the answer..Which I did and reported here while you were posting..I sure don't remember you asking me for names and numbers back then..Your posts suggest that you are an authority on the subject of shorting shares and FTDs..So I am sort of thrown back when you request a name and number..
As far as that..no way..
I will give a shortcut..Start with the Trading and Markets Division of the SEC..It will save many calls to others that had no answer..There is a nice lady there who can direct you to the the name and number of the person I asked the question of about EXPH and FTDs..By the way..There were no conspiracy theories thrown in or any other topic which many like to post was thrown in..Only the simple question.." Why are no FTDs reported for EXPH since July of 09?? As I stated before..please report back the answer you get from a true authority that refutes what I have posted on the subject..It won't happen..That is because I got the answer from an actual authority that knows the answer..Good luck in your quest..
Edit..I only get three posts a day..so you only have to ask me once..The question I have is..why don't you already know the answer given your posts on the subject??? veno
I find it very interesting Patchman..that you post who I talked to and what was asked and answered over a period of three weeks..As I said I had many back and forth calls until an answer was given and it was very specific to EXPH..Now..I have asked you to call and either verify the information I was given or get facts to dispute it..yet your post still speculate who I talked to and what I heard..Once again..FTDs were not being reported for EXPH because they were not registered and wouldn't be reported until they did get registered and filed..It took three weeks of my persistant calling to get the answer..In fact the ones you keep saying I talked to had no answer in my very first phone calls and referred me to the SEC lawyer..who in turn..took quite a while to get back to me..I'll await your call and report...veno