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DCON..Interesting news from ICAP..
The patents sold..I couldn't get anymore information..It happened a few months ago is all they would give me..Now that OVOE is no longer required to file or report..I wonder when we will hear of this news.
GLTY...veno
Really?? Maybe you should look at the website more closely..Actually click on some links..
Chamber of Commerce Member of the month..
Charities listed under community..
As I said..interesting how some rush to judgement without verifying first..
You posted the phrase.."desperate I'd say"..
Really??? veno
Well..on the day that link was put up she was still listed as everyone saw..You might want to read this post again..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60260798
Much has happened since I posted that link and all it took was one phone call..as I said..The truth was found and the truth had nothing to do with the libelous comments being made..It was great to read the post where all the math was done on how many hours in a week a person can work..Can't wait to read what you find out on the subject..
It was a great move as I said on the part of EXPO to have NRS move into the company..As another poster said..EXPO gets help in the rent and added revenue..though not in those exact words..I do like when less payout and more income makes for a stronger balance sheet..I would say the company is doing just that right now..I am still waiting to see the next AS increase that some have predicted..it has been three weeks since the last one..Or maybe the company is now working on current cash flow as they said...we shall see..
As far as someone cashing JD's checks..Last I heard he wasn't getting paid...veno
Make it two shareholders from this message board..One other investor that I know of that hasn't ever posted here..but has met with the employees at the company ..Add to that my guess of about 10 to 20 friendlies that are now holding the majority of the AS who believe that the router did cause a major disruption of all that was coming..
Again..I read a lot of talk today about the company's suspected wrong doing..but I have yet to see any proof..
Real company..real products and growing..I'll stay invested...veno
I would think so..In fact I know so..
When one really looks into matters at hand the truth can be found..When one thinks of nothing but the denigration of any person or news related to EXPO without facts..then the truth is not needed..I have seen links to try and discredit the bank where the VP came from..I have seen scenarios created to attack a person totally unknown before anyone could even find the truth..Funny how a link and a few comments can change all that..When the tables are turned..scrambling occurs to dismiss the event..So much so..that what is known to all even becomes questioned as you just did..The link..I provided was just that..a link with my commentary..Just like the many posts I have read here with links and personal commentaries..I can provide a link to show that Bank of America has had thousands of complaints..It is still a well respected bank used by the masses..I suggest all investors verify links that are provided on messsage boards..Usually only one phone call is all it takes..I made mine quickly after the denigration of the VP began..Funny..I heard nothing but praise and just as I thought..admiration..I also found out the truth..Again you are correct in your statement about minority owned businesses..Now how about that link..did you check it out and make the call for verification..Just one more look will answer your question...veno
Sounds like a well thought out theory..
Only two major problems..One.. when they sell their restricted shares they have to file..non-reporting companies are not exempt..You can check that out as I did with the SEC..Also no matter how much "distance" as you say..someone puts between actual selling of restricted shares not filed with the SEC is still against the law..
Are you willing to post on this board..that you know for a fact that JD and Glenn have sold their shares a long time ago and broke the law??
Two..they are down now as you say..pps related..but just maybe they know a lot more about what is to come and that holding those shares as the vast majority of insiders and friendlies are doing is the correct way to go..Then the "dumber than a bag of hammers" certainly doesn't apply..
I have to add on a side note that as far as the drive bys go..I appreciate all that do relay information and trust what they share..I know for a fact that one of those visits was very telling in advance for what I now know to be true..
To each their own..but so far I have seen absolutely no proof presented that the management has sold any shares..
I have recently heard with the same absoluteness.. that "without a doubt" the VP at a bank that is now partnered with EXPO..walked away from or was let go from her position and that she didn't want to show her face around the bank anymore..Easily verified as not only wrong..but very derogatory toward a highly respected person made by snap judgement without proof..
If you have proof of any SEC crime committed on anyone's part at EXPO please provide it...veno
Really??
Gee..I thought it happened because they announced that the new CEO was now an employee and like a couple of us said..that person was now calling the shots..That the company was in transition and was making changes to the interior building that could show material events happening??
Oh by the way..EXPO is a real company with real products with orders from companies like Stanley and LOWES..The last I saw on the webcam was a huge supply of wood that ended up as displays in LOWES across the U.S..verified as a fact..
Not a scam at all and still no proof exists to that effect...veno
Thanks again..
I did like this one the best..
"At this time the company expects to be able to operate from its cash flow and will make every effort to avoid the issuance of additional shares."
It would seem that they have reduced overall operating costs..That revenue coming in right now is sustaining the company's operation..
Like I said..I will wait to see if the company can keep from adding more to the AS...veno
Thank you as well for quoting me correctly..
"NRS provides revenue while not putting a drain on the company..Helping with rent..as I said..is also a plus."
I will refer you to your previous post on the subject..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60106527
I would say the tenant agreement statement you make in that post and the "bones" being thrown the way of EXPO matches up nicely with what I said..
Are you trying to contadict your own post by asking me to prove what you posted was not true??
"etc coming along with a new CEO"..
Can you prove that etc is not coming and a new CEO is not waiting in the wings to take over??
"I do like the what the company is doing to make a stronger balance sheet"
Again can you prove that EXPO's balance sheet is not getting stronger right now?? From what I read..
"Orders for the company are increasing and cash flow should rapidly improve. Shipments for the balance of February and all of March should exceed $450,000. Orders for companies such as Harris Teeter, Lowe’s Companies, and Kronotex USA, are included in this estimation. The company anticipates continued volatility in sales but expects 2011 overall to be positive and a growth year."
and:
"Cima brand cabinetry continues to move forward with significant orders and production ongoing."
but more importantly:
"At this time the company expects to be able to operate from its cash flow and will make every effort to avoid the issuance of additional shares."
Now I did read where you stated in the above link that you expected another AS increase within the next couple of weeks of the date of your post..If that prediction is true..then I would have to agree with you that the balance sheet isn't stronger yet..From what I read from the above statements from the company..it sure looks to be moving in the right direction..With the addition of NRS paying them rent which you state and throwing them bones as you say..it should help even more...veno
Thanks for quoting me correctly..
"Nice to see that EXPO is still growing"..
In the process of going from a one time deal to companies that seek ongoing orders..I do like the fact that NRS provides revenue while not putting a drain on the company..Helping with rent..as I said..is also a plus..With CIMA added into the mix and etc coming along with a new CEO..I do like the what the company is doing to make a stronger balance sheet...veno
Nice to see that EXPO is still growing..
It sure would seem that EXPO has now added a company (NRS) that can not only help with the rent..but also bring in extra revenue for the company..It is also great to see that a community leader and VP of the local bank is now a partner with the company...veno
Say it isn't so..
"Now it would appear your bank VP never left her day job when she became the owner of NRS and made the decision to move in with her mentor and fellow multi-full time CEO, Glenn Harrs, lol?"
So I would guess that these statements were made in your posts to make it seem that she wasn't still a VP of a bank and that she hadn't done her job while there??
You posted..
"Can you explain how this "huge connection" of Ms. Miller's to Granite Bank was solidified when she held the VP job for a little over a year (maximum) before either quitting or being let go? Either way, that was a lot of faith and capital for Granite to invest in a VP simply to have them walk to start their own business in less than 15 months. Reality and common sense would dictate that the probability is much higher she might not be welcome showing her face around that bank's upper management at this point after whatever happened."
You also posted this..
"Gee Mike, I guess that's maybe what happened to Ms. Miller's short term as "VP"??? Yeah, there is NO doubt in my mind now after that debacle"..
You say there was no doubt in your mind about the VP of the bank and the reason she left or was fired?? Yet a link has proven those statements were pure speculation and very wrong..Makes one wonder if all other statements that were no doubters are wrong as well..
As I said..It is great to have a well respected community leader with tons of experience in the banking industry partnered now with EXPO..It is sad that her excellent reputation which was noted in the link could be so libeled without proof...veno
This is what I talked about in my last post..
I would be careful posting made up speculation about people who are well respected within their community..I have a feeling that she just might take issue with this statement..
"Reality and common sense would dictate that the probability is much higher she might not be welcome showing her face around that bank's upper management at this point after whatever happened."
http://www.bankofgranite.com/page/90/local-boards-of-directors.html
It would seem that the reality and common sense you have created in your post has nothing to do with either..
"Do you have a scenario by which she could possibly have left in the good grace to have a "huge influence" over the bank's policy of lending to a company like Expo Holdings with among the worst financial track records in the history of American small business?"
How about the fact she never left as indicated in the above link..
As far as your other questions or statements made without facts..Ask her...veno
No..the problem is that people have said that the company is a scam..yet not one shred of evidence exists to that claim..In fact if anything..the company seems to be growing while we all wait for the transparency to come..I am a shareholder of record and I do like the fact that the company has partnered with NRS..That one member has a huge connection with the banking industry in the area and is a well respected business person within the community..To each their own..but I do believe that the company is paying down debt and that the new CEO will be announced in due course..Have a great day all...veno
http://www.bankofgranite.com/uploads/file/bank_news/2007_12_14__bog_names_miller_commercial_loan_officer.pdf
NEWS FOR IMMEDIATE RELEASE: December 13, 2007
"Bank of Granite names Miller commercial loan officer"
"Tathel L. Miller recently joined Bank of Granite as vice president and commercial loan officer at its Wilkesboro office located at 2841 West U.S. Hwy. 421."
Vice President and Market Executive Matthew Daye made the announcement. “Tathel is a great addition to the Bank of Granite family,” said Daye. “She has tremendous commercial lending experience and her standing in the community is exemplary. We’re so glad to have her join us – she is a great asset to the bank and to our customers.”
"A native of North Wilkesboro, Miller is a 2005 graduate of Salem College in Winston-Salem with a Bachelor of Arts in communications. She is also a graduate of the North Carolina School of Banking at University of North Carolina at Chapel Hill. She has more than 19 years of banking experience in the North Wilkesboro area."
“The philosophy of helping neighbors is what attracted me to Bank of Granite,” said Miller. “I look forward to developing key relationships with our customers and learning more about their businesses so I can offer solutions to their often unique financial needs.”
"Miller is on the board of directors for the Samaritan’s Christian Ministry, participants in Operation Christmas Child for Samaritan’s Purse in Boone and volunteers as a tutor for Wilkes Literacy. An active member of Hilltop Baptist Church, Miller has two children: Jill, a graduate of
Appalachian State University and teacher at Elkin High School, and Daniel, a graphic designer and recent graduate of Chowan University."
Bank of Granite and Granite Mortgage are subsidiaries of Bank of Granite Corporation whose stock is traded on The NASDAQ Global Select Market under the symbol “GRAN.” The bank operates 22 full-service banking offices in Burke, Caldwell, Catawba, Forsyth, Iredell, Mecklenburg, Watauga, and Wilkes counties, and a lending office in Guilford County. Granite Mortgage, headquartered in Winston-Salem, originates home mortgages in these counties and in Fayetteville and Salisbury, N.C.
###
Interesting that you instruct others to keep a file and accumulate data before submitting the same to an authority..The SEC is very happy to accumulate all info in their own file as it comes in..I have also had discussions with those that actually know the proceedure and at no time have they said build a file before you submit..They are keeping ongoing records about complaints concerning manipulation of this stock..When or if they act on it is up to them..
Using your argument..Where is the action taken concerning any wrong doing on EXPO's part..It hasn't happened because there is no case as you well know..
Nice to have a well respected Bank VP now a partner in business with EXPO..This long time community leader has decided to locate her business inside EXPO..Guess she didn't get your point made in your posts that EXPO is a scam..The reason she didn't get that point or believes one word of it is because she actually knows the company first hand...veno
Fourkids..Could this be the Miller that is
partnered with Gary Foster at EXPO now??
http://www.bankofgranite.com/uploads/file/bank_news/2007_12_14__bog_names_miller_commercial_loan_officer.pdf
If so..nice to have the Granite Bank experience behind the company..Looks like her background is rock solid as well...veno
NEWS FOR IMMEDIATE RELEASE: December 13, 2007
Bank of Granite names Miller commercial loan officer
Tathel L. Miller recently joined Bank of Granite as vice president and commercial loan officer at its Wilkesboro office located at 2841 West U.S. Hwy. 421.
Vice President and Market Executive Matthew Daye made the announcement. “Tathel is a great addition to the Bank of Granite family,” said Daye. “She has tremendous commercial lending experience and her standing in the community is exemplary. We’re so glad to have her join us – she is a great asset to the bank and to our customers.”
"A native of North Wilkesboro, Miller is a 2005 graduate of Salem College in Winston-Salem with a Bachelor of Arts in communications. She is also a graduate of the North Carolina School of Banking at University of North Carolina at Chapel Hill. She has more than 19 years of banking experience in the North Wilkesboro area."
“The philosophy of helping neighbors is what attracted me to Bank of Granite,” said Miller. “I look forward to developing key relationships with our customers and learning more about their businesses so I can offer solutions to their often unique financial needs.”
"Miller is on the board of directors for the Samaritan’s Christian Ministry, participants in Operation Christmas Child for Samaritan’s Purse in Boone and volunteers as a tutor for Wilkes Literacy. An active member of Hilltop Baptist Church, Miller has two children: Jill, a graduate of
Appalachian State University and teacher at Elkin High School, and Daniel, a graphic designer and recent graduate of Chowan University."
Bank of Granite and Granite Mortgage are subsidiaries of Bank of Granite Corporation whose stock is traded on The NASDAQ Global Select Market under the symbol “GRAN.” The bank operates 22 full-service banking offices in Burke, Caldwell, Catawba, Forsyth, Iredell, Mecklenburg, Watauga, and Wilkes counties, and a lending office in Guilford County. Granite Mortgage, headquartered in Winston-Salem, originates home mortgages in these counties and in Fayetteville and Salisbury, N.C.
###
I agree that he should do just that and get all of the "posters" he can to join him..Since this has now become a recruiting board instead of on topic posts about the company..I will refrain from further comments on this subject after this post and await news of action instead of just talk on the subject..It would seem that you are advising him what to do but are not joining in..I'll join you also and refrain from trying to go after the company for fraud considering none has happened..There has been a lot of speculation on the subject..but there has been no proof presented..As I said before..No one can provide any proof that it has happened..Judging by the proof asked for tonight and the replies to that question..it still looks as though none exist as I said..In any case..I enjoy reading all of the help posts from those that have no intention of doing the same..Nuff said...veno
Can you prove that expo has committed any fraud?? I think not..In fact there is not one instance of anyone providing any proof that the company has done anything against SEC regulations..EXPO is an elective reporting company..Hearsay conversations are just that..Projected outcomes and events are just that..Anticipated happenings are just that..This company has had a lot of negative comments thrown at it and most are libelous comments at that..Now that is actionable and I fully expect that the company will act when the time is right on all that have participated in such..One poster says not to bother the SEC with complaints..That is what they are there for..My suggestion is to complain if needed and actually start a class action suit if needed..The thing is..there has been this kind of talk for a very long time..but absolutely no one has stepped up and done so..Now why is that?? Why all the talk and no action?? I am sure that the company is prepared to defend themselves if needed..In fact I would look forward to clearing this up once and for all..Go for it..it is a simple process..Can't wait to see how it turns out..
Edit:..On a note actually connected to the company..I do like the fact as one poster brought up..that NRS can actually help EXPO pay the rent and provide them with extra revenue while doing so..IMO..a very smart move towards making the balance sheet stronger which was the plan before the new CEO took over..
The company anticipated no new AS increase and form 3's filed..That of course before etc did not place with a retailer or go private..The company anticipated a new CEO stepping up by the beginning of the year..that was before the router went down and orders were delayed and or cancelled..Some have asked why and that is the why..The company is moving forward and growing..Under a new CEO with a stronger balance sheet..the company can get to breakeven and better and from the sound of the last PR breakeven looks very doable short term...veno
You seem to be confused..That should not be the case..It was very easy to get the answer to your question and still is..
"My question was, why was this recent recent A/S raise done on the Nevada SOS site listed as an STOCK SPLIT when all the other A/S raises were listed as Amendment's"..
The document is listed as an action and an amendment..It served two functions..It notified all shareholders of the increase of shares..It also notified all shareholders that the company can do a stock split from this point forward..
It is not a case for fraud in any sense..It does show all shareholders that they have filed with the SEC that the board has voted and approved a split and can now do so whenever they choose..Why don't you see that on the other increases?? Because they just now voted on it..You are correct..the company and other friendlies have the majority of shares and the company can pass anything they wish to pass with those shares accounted for..The filing in no way means they have to do a split right now or at any time..
Again the shareholder that sold their shares has no recourse against the company because of a filing that gives the company the right to do a split..Like I said..it is up to each shareholder to get all facts and buy..sell and hold as they choose..
All that I stated above is a fact and not disproven by anyone..
Now all of that is easily verified with one phone call..It is up to each individual to decide if they want that information verfied or not..Like I said it takes just one phone call..Saying that and individual has the right to recourse against the company because of the filing is not only wrong..it is without merit..
On another note..I am very happy that another link to Window World has been found other than the one I found today..It is great to see that they still are in close with EXPO..I like the fact that EXPO is growing and adding other sources of revenue as well..
I also like the fact that once again volume has dried up to just a trickle of the OS..If EXPO can now operate on what they have coming in as they have stated and no more dilution is needed..I would say from here until the material events show up..it should stay that way..My guess is that there are very little shares..in terms of overall percentage held by average retail investors and or traders at this point..That the vast majority of shares are being held by management and several others that are very close to the company and they are not going to part with those shares easily..
The company's plan as was stated was to move away from "single project based customers to customers that need to replenish stock on a regular basis."
I do believe that the company will move in that direction and that the process has already started...veno
As I said in a previous post..The filing was not a mistake and is a legal document that shows that the company can do a reverse split at any time they choose..To each their own on wether to sell on that filing or not..I would say that posts saying immediately after the filing that the company had already split and gave the numbers was way too premature and gave rise to many other posts that led to phone calls to the company..That led to the company saying that had no plan to do a split at this time..Which then led to speculative posts saying the company had better change the filing and quick or be under scrutiny by the SEC..That led to more posts saying the same..That led to an email enquiry with more of the same about the company being in the wrong..That led to phone calls that determined the company had done no wrong by submitting the filing and all that it meant was that the company could do a split whenever they choose to do so..
So there you have it..The company did nothing wrong and an investor decided to sell their shares based on the filing without finding out more infomation first..Sorry..no lawsuit there..Posts always directed at turning anything into a negative as soon as any news comes out like today..do have impact on some investors..I have learned to find out more information first to base my decisions on..In other words..find out the truth...veno
Well considering the large sign displaying the NRS business at EXPO now verified by two that have been there recently..I would say that this is not a one time deal..
What I find interesting is the names given to us by another poster on this board in the post below..
"Yep, after looking into nrsservices.com it seems EXPO is hoping to get some business from the Elkin, NC company that was started by Gary Foster and Tathel Miller."
I didn't find anything on Miller..but Gary Foster's name shows up under another company..Funny thing is that other company's address is the same as Window World..118 Shaver Street which is next door to EXPO..If anyone cares to do their own DD they will find what I found..
Now why in the world would EXPO still be doing business with a Window World affilate when we were just told yesterday by 99lead balloons that EXPO burned their bridges there after the loss WW had??
Sure seems to me that WW has no I'll feelings towards EXPO..So I guess that 99leadballoons was just speculating in his post..
As far as enthusiasm..To me it is just one more sign that EXPO is growing..I'll get excited when all material events are know...veno
It certainly would explain the Huge new NRS sign now located on the building front at EXPO..LOL..It also explains why some at the company said that transitions in management and facilities were in progress..
It would seem from the word "hosting" that persons from NRS will be working out of the site as well..
I agree..nothing like several visits and drive-bys to see what others can't...veno
"NRS doesn't think so
and neither do those folks who have actually
made the visit .."
Really??
"Others that supposedly made contact could not be contacted to
request removal. I wonder why that is?"
Funny I called and left a message..I was called back within 30 minutes..Now how would this person be requesting posts be removed if someone..(Me).. did not make them aware of what was being said?? In other words..What I said was true and was backed by at least one other caller..EXPO has done nothing wrong..The filing can stay as is..Plain and simple..Again..a big deal about nothing...veno
Well I have questions..
"Please do not hesitate to contact me if you have any questions."
Please provide this person's contact information so I can ask questions?
"This may also be a matter of confusion as to authorized versus issued?"
More than likely this person has looked at the same document we have looked at and is guessing as well as evidenced by his guess on confusion..
In any case..I will await the link for contact purposes and until information for the reason is obtained..I will go with the company's update posted just the other day..
2/10/2011 10:47:52 AM
"Many inquiries have been made regarding a potential reverse split of the company’s common stock. There is no reverse split planned or under consideration at this time."
It would also seem that speculation has grown to epic size with this post concerning the deal with WW falling through..
99leadballoons Monday, February 14, 2011 9:50:19 PM
Re: fourkids_9pets post# 90301 Post # of 90319
"as for WW .. gee shocker .. those who've done the DD know exactly what *transpired*"
"of course we know what transpired. Expo tried to use the name of a man that died and they got called out on it and had to retract. It was a shame the way expo handled that. In fact it was a disgrace. Trying to profit off of such a nice guy passing away."
I have sent that post to WW along with other links to posts about their company..If they wish to reply as to the real reason the deal was cancelled with EXPO..I will share...veno
There are others that would disagree with your assessment of the company and management..They have taken the time to visit the company and have seen the work being done and have talked to not only management but also the workers who are completing the orders for companies such as Lowes..In all cases the impression was that the company is legit..the workers put out quality work and management is not trying scam anyone..
In fact in each case the ones that have visited have come away with just the opposite of your OPINION..Your OPINION is based on what is read only..There is no background in the inner workings of the company to base your opinion on without having talked to the workers at the company..
If management is scamming investors then they are also scamming their own employees..I happen to know that several employees also hold shares in the company..Now why would the average worker at the plant hold shares if they believed they are being scammed??
Several of the employees are also ex LOWES employees..One female manager is a retired LOWES employee..So the guess that they were fired fron Lowes was off the mark as well..
Again..unless you have links to prove otherwise..
The management has not sold any shares..
The company is legit..
These employees are not being scammed nor are they a part of a scam..
Mr. Elledge, Controller
Mrs. Reynolds HR manager and front office manager
Mr. Flora Plant manager
Mr. Mahan, Lead Engineer
Mrs. Wood, Lead Designer
Mr. Woods, Finish Master
Mr. Sigmon Director Purchasing, Director custom residential production
Mrs. Sidden, Sales manager grocery, custom displays
Mr. Hartley Sales manager residential
Mr. Hartzog, VP commercial sales
Mr. Kendrick (not present), product manager etc. brand, product manager economy pet program
James Kendrick provided an update regarding the etc. brand and the company’s new economy pet..
Awaiting any eyewitness accounts or conversations ypu may have with any employee at EXPO that will back any of your claims..Until then..I'll go with those that have visited the company unannounced and have nothing but positives to report on the company being legit...veno
Also..no shares have been sold by the management..
No restrictions have been removed...veno
This is a lie and needs to be retracted..
"you have to keep in mind, this poster also reported sales of $6 million to Lowes in EXPO displays in 2010."
Also noone has claimed any retail sales of CIMA or etc cabinets..You may want to re-read the posts to actually comprehend what was said..
Looking forward to the new CEO taking over with the stronger balance sheet and less debt..
It was good to hear that CIMA is improving on all fronts...veno
feel free to disprove it..
I'll go with the lack of required filing as my proof...veno
Well if you are talking about management selling shares..as I said they have not sold any shares..When management changed their preferred restricted shares to common..those shares were also restricted..No restricted shares have been sold as I said and they do have to file when those shares are sold..
Once again..if you can provide proof to your claims..then do so...veno
I can answer that one..
"BTW...where can I buy a product produced by EXPH?"
If you live in the surrounding area..you can have the company install etc or CIMA cabinets in your house..Absent that..you could buy out companies such as Lowes..Stanley..Harris Teeter or Kronotex USA and get all the product you want...veno
The officers do have to file if they sell shares that are restricted regardless of if they are a pink listing or not..A phone call is all that is needed to verify that information..The officers at EXPO have not sold any shares and no proof exists that they have..Pure speculation without fact..
Next subject..The router going down did have a great impact on orders that were pending and some had to be cancelled or delayed..
Regardless of what has been posted here..the company laid off workers during the down time to save cash burn..The company has made up ground since then and orders are increasing again..etc is not dead just delayed and CIMA is is running at full speed..
In other words..the company has survived and is moving forward..
Have a great weekend all...veno
Really??
"THIS WAS NOT THERE IN THE ORIGINAL PR ON 5/12 !!! They've just changed this.
four_kids, veno, js, et al: a big TISK TISK."
It would seem that itrader disagrees with you on this one..
itrader Share Wednesday, May 12, 2010 9:24:20 AM
Re: None Post # of 90034
5/12/2010 9:12:00 AM - The company has increased it's authorized shares to 2 billion from 1 billion 350 million. Over the next 60 days, the company intends to raise slightly in excess of $100,000 via it's equity. Shareholders should expect the outstanding shares to increase accordingly. Further announcements regarding continued financial restructuring, company contracts, and management changes should be expected.
Tisk Tisk...veno
The question is easily answerd..
"How does a company "survive" based on the attention given to a certain branding that has no significant sales?"
"Orders for the company are increasing and cash flow should rapidly improve. Shipments for the balance of February and all of March should exceed $450,000. Orders for companies such as Harris Teeter, Lowe’s Companies, and Kronotex USA, are included in this estimation. The company anticipates continued volatility in sales but expects 2011 overall to be positive and a growth year."
"Significant progress regarding the introduction of the company’s economy pet program has been made. Shareholders should expect further updates regarding this subject."
"Cima brand cabinetry continues to move forward with significant orders and production ongoing."
"At this time the company expects to be able to operate from its cash flow and will make every effort to avoid the issuance of additional shares."
If you have more questions..
"As always, shareholders are invited to visit our facility and view products in production. Contact us at 336-667-8765 to visit."
It would seem all the posts on a RS were off the mark..
the company says..
"There is no reverse split planned or under consideration at this time."
How does a company survive?? Hard workers and quailty production..both of which EXPO has plenty of...veno
Really??
"EXPO knew they weren't selling cabinets
and shelving a very long time ago but they said they were in dozens of FALSE news releases ."
Care to show us which dosens of PRs said they were selling cabinets and shelving?? Then could you please show us what you have found that proves they didn't sell the cabinets and shelving they Prd??
As far as I can remember both etc and CIMA cabinets were being installed in homes and that no PR said they were selling retail..As far as I know those installations are still happening..It looks like CIMA is moving ahead quite as planned..
As far as "shelving"..if by that you mean displays..I have seen the displays that were sold to LOWES as was Prd..
A blanket statement..concerning nothing but false PRs coming from the company is in itself false..
The company is real..with real workers as you have stated..They have been and still are in production to fill orders from some of the biggest names in the industry..
I agree with fourkids there are other companies out there if this one isn't liked..I also agree with your beginning remark.."Good grief"...veno
I saw the word delayed for etc..I don't see that it is dead or cancelled..In fact I believe that etc is still in full swing production wise..
Being a shareholder of record..I approve of the update today both the positives and the negatives that added transparency..I look forward to the companies increased production since the router went down and further information on the increased orders..
I also look forward to the company moving forward under the direction of the new CEO..It does look like the production slow down caused by the router problem is the reason for the delay in the new CEO taking over..I agree with the company to wait until the balance sheet is stronger before the change is made..I am also looking forward for the changes made at the company becoming known..
Decreasing or stopping AS increases sounds great as long as orders and sales continue to improve..
"At this time the company expects to be able to operate from its cash flow and will make every effort to avoid the issuance of additional shares."
That is probably the best news of all and it sure sounds like they are very close to breakeven if not there already..
The economy still hasn't come back and many businesses went under..EXPO has survived so far..There are a lot of negative posts today..Funny that just yesterday the negative posts were about the lack of news..
I am a shareholder of record and I do believe that further transparency is coming with several material changes attached..I think I'll still hold on to my shares along with the management and the friendlies that hold the vast majority of shares...veno
Your scenario is not an absolute..
It discounts the fact that Naked Shorts do exist all the time and shorting shares happens daily with many stocks..Now it would be great if that was not the case..but we know differently..Shorting shares is legal if done correctly..It is not just..MMs don't have shares to trade..In fact when a company dilutes the MMs plenty..
Back in July of 2009 the count on FTDs stopped for this company..
Again I have given you the answer that took many weeks to get..That answer was that the company was not registered and non-reporting..When the company decides to change that..is their business..Until then..if anyone believes that there have been no short positions taken here and that no FTDs have occured since July of 09..then to each their own..I know better...veno
I have not seen bogus Prs put out period..
I have seen where the company has put out Prs projecting events..Some have happened and some have not..If you can prove any PRs were bogus as you stated please do so..I am sure you have information that we don't have that can clarify why they were bogus as well..
I have seen the results of the LOWES orders first hand..I have read the Stanley executive's comment on working with EXPO..I have now read that Goldstandard contacted others that live in the area of the company and have nothing but good things to say about the company..
Everyone that has taken the time to visit the company has come back with positives..
I have seen the diluted shares get snapped up within a day or two and sometimes in minutes..Everyone knows that is not average retail investors getting those large blocks..
What we have to counter all that is that the company puts out nothing but bogus Prs..That is not true at all and not proven by any fact..Events do happen that can change plans in business..Delays do happen..More importantly companies go quiet for a reason and my bet is that the reason is material..
What is it that you find totally unbelievable??
What I find totally unbelievable are claims made that the company is a scam when there is no proof at all to that claim..That some would post that the management belongs in Jail when those saying that have never set foot in the company or have any background knowledge of the day to day working of the company first hand..
It would seem that Stanley..LOWES and the town itself where EXPO is located disagrees with the few here that make those claims of Bogus and scam..I would say that the majority shareholders holding their shares know best..and that is why shares are snapped up when dilution happens then volume dries up to just a few shares a day traded..I'll stick with the ones that do know this company first hand and have actually backed this company since the beginning..I'll leave the speculation to everyone else who would rather see the company fail...veno
No renee you have provided no proof..
Your claims are baseless against the company..Dilution and manipulation has resulted in the pps being where it is..Dilution was needed the manipulation was not..The statement that all PRs put out by the company have been lies is also wrong and baseless...
The fact that insiders have picked up the majority of shares during each dilution run indicates that there are investors willing to back this company even down here..Oh and there is no proof that any share sold by the company has sold for less than full retail value or more..Again..all the talk of pipe funders and discounted shares is without proof..
Anyone that believes that average retail investors have the majority of the AS in this company at this point have not been paying attention to the trading..Nothing illegal has happened as far as the selling of shares as well..Maybe when a retail buyer can step up to the plate with an order of over a hundred million shares as the insiders have..then maybe they can be first to get their shares..Until then the bigger blocks will go first..
I look forward to the coming transparency that the company will put out..I also look forward to the material events prd by the company that show changes have been made to move this company forward...veno
"When is it EVER the company's fault ?"
When someone can actually prove it..I have seen no proof that the company has done anything wrong..I have seen no proof that anyone at the company has sold any shares..What I have seen is pure speculation about all of the above..Including the reason you just gave for the the company going quiet...veno
I would say that would depend on the material events coming..
"Clearly if they have all this great news, there must be a motive for clamming up and making their shares worthless, no?"
I do know that companies do go into quiet periods before certain news is divulged..
IMO..certain events were to take place at the beginning of the year and those events were delayed..The pps decline is in relation to the dilution that has occured..The company wanted the tranformation to happen earlier but the router delay stalled that..more dilution was needed and because of that dilution the pps has fallen..IMO the company has its reason for moving into a quiet period and the reason doesn't include all the doom and gloom scenarios listed..I do believe that insiders have been able to help the company through this delay by picking up the majority of shares..As I said before..I believe the company is closer to releasing the great news as you say..In any case..I am not concerned and can wait for the news to come...veno