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So in your opinion, did he get into some toxic financing with the 6 Mil shares or so that just got sold?
Yes, and all gains were wiped out yesterday in very low volume flip/dumps. They got picked up today in the 4's and low 5's I'm sure. But as we all know, it will take 3x as much vol. to the upside to get it back there.
Lot's of manipulation here , imo.
RR COULD change that I think, that is, if he wanted to, by getting out the promised information in previous PR's
Been going on for days now.
Lots of flipper/sellers active here as well.
Provide your documentation for your statement. I would be careful as this might just border on libel if he is not.
I'm with you on this one
Well stated I might add. I am thinking they are still dumping them into the market. Was it toxic financing he did?
The question is what happened to the 5M shares recently, when he did dilute? How many went to open market vs. specific individuals for funding? Under what circumstances were they sold? What was the discount? What was the understanding on how they were to be released/re-sold to the open market?
Along with:
Where are the "promised" audited financials
Where is the public record of true valuation
Where is the update on ReMax
Where is the update on the celeb. figure
Twits about the float COULD BE replaced with SOME of the above. Come on RR, if shareholders are your true "quests" (sic) then provide them with something substantial.
Exactly as I said. I have bought at the bid here (which looks like a sell) and I have sold at the ask (which looks like a buy.) Unless you have a brokers license and Level 3, you have no clue what they are.
You LOVED red yesterday, why not today?
Please do not mislead people. You cannot tell if they were buys OR sells, just that they were placed at the bid or ask (or a spread inbetween)unless you are a broker and have a Level 3. You must realize by now that you can buy and sell at either end with NITE, DOMS and HDSN, not to mention the others. They do not even have to show up on the tape and they do not have to even list in L2 to make trades.
Thanks. I wonder, does a certain
"someone" post on this board (which I totally disagree with if it is being done)? There has been more than one suggestion that this will need to go into 4th quarter, blah blah blah. The "no increase in O/S" only goes through the end of the 4th Q. After that, more increases can and will more than likely come. I also saw a few posts I questioned because there "seemed to me" to be lots of encouragement to get the pps "up". What was actually taking place then was dilution (which also seemed to me to be obvious due to the expansion). Not a fan of that kind of thing (i.e.the pump)if in fact it was happening. Hopefully it was NOT. I added during that time actually.
Growth will come for EXPU, as long as the economy keeps growing. Sometimes "encouragement" to "buy" OR "sell" comes from a strange set of circumstances. Today the flippers flipped again. I am sure it will happen again.
Rico needs to keep his promise and get out those "audited financials".
I disagree.
I see a calculated series of events here this morning that have now wiped out gains for the week. I am sure it'll get a pump for the upcoming week and it'll do this all over again. Money is staying in my pocket for now. I have enough shares.
Amazing selloff here. Good grief.eom
Undervalued, yes. But why are you encouraging people to sell down here?
So on average at say $5000/per orig. x 75 ( if the expectation is met) they are looking at $375,000 a month in rev's. Of course then you have to subtract operating expenses, etc.
Still, a tidy sum.
Expert Group, Inc. Secures 10 New Loan Officers, Brings Total Number to 75
Date : 11/12/2009 @ 10:43AM
Source : MarketWire
Stock : Expert Group (EXPU)
Quote : 0.062 -0.001 (-1.59%) @ 8:32AM
Expert Group, Inc. Secures 10 New Loan Officers, Brings Total Number to 75
MIAMI, FL -- (Marketwire) -- 11/12/09 -- Expert Group, Inc. (PINKSHEETS: EXPU). In an ongoing effort to brand Expert Financing as the go to firm for all your Real Estate lending needs, we are proud to welcome 10 new loan officers.
1. Roger Pierre
2. Carlos Cabassi
3. Ivonne Ballestas
4. Juan Rodriquez
5. Jeffrey Tanner
6. Georgia Vigilant
7. Gary Crowder
8. Herold Pierre
9. Jose Lopez
10. Mateas Saraga
CEO Robert Rico commented: "These new additions bring our number of active originators to 75 and we are one step closer to reaching the company's goal of 400 originators."
Expert's current hiring campaign is through major ad and job placement advertisements like Career Builder, Job.com, Craigslist, and other venues that are free or of very low cost to Expert.
Loan officers are compensated based on performance. Originators do not get paid if they do not close loans. Each originator is expected to close at least one loan per month. Expert Group realizes between $4,000-6,000 in revenue per closed loan.
Expert Group continues to interview prospects in order to secure more qualified originators. In keeping with our commitment to customer satisfaction, Expert will only hire the most highly experienced candidates to join our team.
Mr. Rico concluded: "We are a significant force in our industry and only getting bigger and stronger. The addition of these 10 new loan officers is a true corporate advancement as more originators mean more revenue."
On other company updates, Expert would like to once again extend an invitation to all to come join our staff on November 16, 2009 at 1065 Kane Concourse, Bay Harbour, FL for the grand opening celebration of our third office location. Please visit http://www.expertgroupblog.com for more details.
About Expert Group, Inc.:
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments, Expert Group Title Services and Expert Credit Fix U.S.A. Expert is licensed by the Department of Financial Regulations and a member of FAMB, and FHA approved lender.
About Expert Financing:
Expert Financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes. An Expert Loan Officer can help you find the best loan for your needs, and our professional loan experts speak your language, including, Spanish, Russian, Portuguese, French, Italian, Hebrew and Creole.
Safe Harbor
Except for the historical information contained herein, the matters set forth in this press release, including the description of the company and its products offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.
Contact:
Robert Rico
Robert@expertfinancing.net
305-949-LOAN
Indeed it does. Perhaps Springroll could kindly produce the documentation for his/her allegation.
Thank you for taking the effort to clarify for those reading this board. The customers and contracts JD has in place disallows him to make errors of the magnitude that have been bandied about. I am quite positive JD is too professional to allow that kind of mistake. He has much at stake here with the growth of this company. The Fortune 100-500 companies can trust his integrity, imo.
Having all the facts is very important before stepping into an accusative stance.
Thanks Fit4ever.
NITE needs to raise his bid.
Agreed. Furthermore, if there is a non-disclosure clause preventing you from PR'ing a name with the PR OTHER than how it was done, then I would say one could easily lose a contract completely, especially if it interferes with a suppliers competition. Dual PR's are always preferrable, but if it puts you in a bind legally, then you must comply with the requirements/regulations.
Yes it is. Let's hope PR's bring a thousand more! eom
Sorry about not getting back with you on your PM to me yesterday Vant, but I do not have a paid version.
Yes, I agree that he is busy, but once again, if you are a growing financial company and want people to verify financials, you need to make them available to the public for viewing, not just a mention of them on a blog somewhere that maybe "they will be there whenever I get around to it". Those financial documents are already prepared for those who require them and there is no reason why they should not be viewed by the public if he has said they "would be".
As I have said before, if you want to be "WORLD CLASS", behave in a "WORLD CLASS" manner. Put it out in an official PR or filing, NOT on a blog or twitt.
Let's see some filed "audited financials" Rico.
So, are you saying that someone(s) received "inside information" that stopped the buying of the stock? How the heck does that happen?
but Jo-Ann and their 760 stores wasn't important enough to feature, go figure.. (due to we know who and why)
I doubt JD would ever share inside info with anyone, no matter who they are.
Maybe Lowes could give them a discount on paint and they could do it a few more times till we get back where we belong.
NITE's buds still at work, eh? Amazing that this can hit .06 and dump again.
JoAnn Fabrics is another feather in JD's cap. Great going JD. Keep it coming. More rev's, buyback more shares.
Financials leading the market upward today on global economic recovery hopes. Should bode well with the 50+ banking connections EXPU has. Nice article in the Magazine on the 7th too.
Expansion in that bill to include those who already own a house as well. Expert is in a sweet sweet spot for that.
Yesterday it was whacking, and today it's churning. Gosh, wonder when HDSN will run out of air? 1.2M churned now. Unreal.
No trades for 20 min. Churn away. Have fun. See you in the double digits.
Something wrong here when nearly 1M has traded in a 22M float and this is up a fraction of where it should be.
Shows as one trade, yet shows trades broken up on another service which does not match the correct total. Trades must be desked.
TWITTER: Share Structure "Outstanding Shares approx 43MILLION as of November 05,2009 Authorized Shares 100,000,000 Float approx 22MILLION"
Anyone else seeing the 304,782 share trade at .057 at 10:25:27?
NITE and his boys still playing games.
4th Q will be HUGE. We could easily see double digits by then on pps.
.058 breaks over and it goes IMO
AWESOME! FINALLY! Now let's see a filing maybe? An uplisting maybe? This should be one well positioned company to do both. Thanks for finally getting this out to shareholders RR. It was LONG overdue.
I hope it means today, but I will not count on anything till I see it.
Then he should NOT have PR'ed they would be out by the end of the month. He did this not once, but twice and it doesn't bode well to PR stuff that is not going to happen. Wait for it, and THEN pr it. It's not rocket science.
Blog "Good Morning updates on financial statement we are just about done financial will be released shortlly.(sic). "