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Actually the cake is getting smaller too. It is getting divided among more slices now too.
Look back to July of 2009 when this thing was climbing. Why was it climbing? There was the promise of a new day. Expo had floundered. They went public in 2006 and had lots of promises. They didnt keep them. Retail stores, bite back, first choice closets, milestone projects, blah blah. They had a crushing year in 2008. JD put together quite an effort to pump this thing up in 2009. Look at all of the PR's. The conference calls. The interaction with shareholders. Paid promoting. The new game changing product. Lowe's deals. JD even said that Walmart could account for 1.2 million(or more)in business for 2009. He played every card he could think of.
People looked beyond the past with hopes for the future. They convinced themselves that this thing had to be "real". Why else would these companies do business with them? Why would Lowe's buy from a scam? Why would Stanley deal with them?
Then the layers start to get peeled. I had a conversation with John Butler of Stanley. Turns out he had never even heard of Expo. He was aware they had a parent company, but had never looked into it or knew what it was called. All he knew of was a company called D and D Displays. He said they were extremely affordable and always completed the projects in a quality manner and on time.
These are the kind of comments that can mean two different things. People promoting the company will scream see! See!!!. They are legit. Stanley said so! They like the work! It was quality!
People who don't support them will point out that all it proves is D and D landed some contracts based on their price and that Stanley doesn't rubber stamp Expo as a legit entity at all. Selling product at cost to use big names for PR value is just a ploy.
A realist will look at the financial statements and know which side is correct.
It is quite simple. You have a company that said they were going to do 6 million dollars in 2009 (not counting etc. revenues). They said they had a game changing product that would be on the market within 90 days of July 28 2009 and that people were soliciting them for the product. What you got was a company that did 1.6 million, sells product at cost,has almost tripled their A/S and needs Glenn Harrs' side business to get etc. out the door.
Can I make it any clearer?
That doesn't even touch on the myriad of other shady things involved here.
dropped 16% huh? Certain indicators show this is fairly typical.
It doesnt even matter if the shares were restricted.
There were already 930million unrestricted shares when the A/S was 1 billion.
Whether the shares added are restricted or not means nothing. It still devalues each individual share when you keep adding new ones.
"wrong "
I dont think this means what you think it means. Dilution did in fact bring this below .0004. Look at the facts.
Dilution hit hard this year. What was the PPS when that started? Was it above .0004? I'll wait for your answer.
Its all a fallacy. Who cares if the shares had been issued? Her theory is based on the false assumption that all of the other hundreds of millions of shares are restricted and locked up tight.
The simple fact is that they are not. There are hundreds of millions of shares available. Everybody knows that.
Nobody actually believes it. They just want to believe it.
I guarantee you Bernie Madoff shook a lot of hands and didnt react either. JD is numb to lying. He does it daily.
Then why on earth would they convert back to common?
People don't really talk about that aspect much, but the writing was on the wall there. They used to hold common shares a long time ago. Then they converted to preferred to increase shareholder value.
Then they convert back to common and it is supposed to be a good thing? Why? What makes it good? It is ridiculous to think that way. They can't say it is good to convert to preferred, but then also say it is good to convert to common.
We also know that they flat out lied when they told people that the shares were restricted by the SEC and that they would have to file if they ever sold them. We also know that the TA released the float back in August of 2009 and proved that their shares werent restricted at all.
Combine all of this with the fact that they never filed ownership info or even released ownership info on their website and the fact there have been times when the TA was gagged and really there is no reason to believe that JD hasn't been trading the heck out of this stock.
In fact did I mention he also is addicted to level 2?
I love these little raises. They are cracking me up. It just shows how unprofessional and sleazy these guys are.
It also all demonstrates how likely it is that they have preferred shares. How else can they keep raising it and getting it passed without issue?
It would actually be impossible for somebody who bought in 2009 and added shares continuously since then to be green in this stock. Especially if the trades at these low levels are all *fake*
Unless of course shares were never held long term.
Things that make you go hmmmmmmm......
Would you also like to comment on why if over 2 billion shares are OS..why only 3.6 million of them traded hands today?? If everyone agrees with your assessment of the company and management..why isn't anyone running for the doors with 100's millions shares dumped daily??
I know you already know the answer, but I will humor you.
Some days the volume is light because there is no buying interest in this pig and there are plenty of stuckholders that have watched their investments shrink to almost nothing.
What good does it do to sell a couple hundred bucks worth of stock that was once thousands?
WRONG >>
currently there are no pref'd shares held by either
jd or glenn
You can capitalize and bold all you want, but in all likelihood these scamsters hold preferreds. What they say is meaningless.
Thats a fact that has been proven over and over in the last few years.
Say one thing do another.
What I believe is that mgmt controls enough votes to always increase the share count.
Hardly a positive, but hey this is EXPHland. People will try to turn anything into a positive because this company is garbage.
It is kind of like how we hear how great it is that they do business with Lowes!!!! But they never want to talk about how they do business with Lowes at cost, lol.
That is one of the greatest myths in pennyland.
It is a bad thing that the insiders control everything, not a good thing. It allows them to continue to raise the share count over and over without any say from shareholders. It allows them to take loans out at shareholder expense. It allows them to pay themselves hefty salaries for doing nothing. It allows them to defer salaries in exchange for free shares.
It allows them to continue the scam. Over and over.
At YOUR expense.
yeah what relevance is there to the FACTS
that record setting volume hit exph's tape
in 10 minutes on 11/29 .. .. even tho'
those shares weren't issued by the TA till
12/8/10
Why would unrelated events matter? Who says the shares that were traded had to be new shares?
I think they call that a strawman.
Here is a tip. EXPH is a diluting pink. They have no shortage of shares issued and outstanding. There are in fact over 2 billion of them.
Here is another tip. We knew the AS had increased well before the TA did. Hmmmmmmmmm.....
(even
with the crappy economy that now passes for normal)
has maintained clients that they started with a few
years back and has won new ones :)
How about the fact that they have obviously lost far more business than they have gained. You know like a trend of over 4 million to over 2 million to under two million?
Proof as always is in the pudding. And the pudding here has gone bad.
FACT.
I wonder how many shares JD traded this week.
Oh wait he only has a trading account and level 2 so he can help shareholder value.
When his own friend and former IR outed him as being glued to Level 2 during the day people should have figured out what was what. Do people really think legit CEO's sit in their office with trading accounts and Level 2 up just as a part of their daily *legit* routine?
That is almost as ridiculous as studying level 2 all day every day and then claiming that you are a long and not selling any shares.
Do people really believe this stuff?
since no co. insiders have sold one share
I'll take a link to these filings. I wasn't aware they were out yet.
Oh wait. I forgot, this came from the same people who lied and said all their shares were restricted when they weren't (as proven by the TA. You know Elson, the guy you claim is so reliable and knowledgeable always when arguing no dilution)
The same people who said filings would be current. The same people who owe the company hundreds of thousands of dollars. The same people who raised the AS repeatedly when they said no raise. The same people who said 6 million in revs and then oooops 1.6 million(which I *actually* predicted in this *venue* not in some magical instant messenger chat session).
Honestly I could go on, but the PPS tells all. If there was any doubt, their financials cross referenced with their PR's tell the rest. The pattern is pretty *obvious* to anybody who isn't a company insider or a shill.
What I like is that a change is coming and it looks to be happening within the next 30 days..
I remember reading these thoughts...back in March. lol
well let's see here .. *co. is legit* .. which is fact
Impossible. SInce it is a fact that it is a share selling scam.
co. is legit and en route to full
transparency which will *impact*
the pattern that has been in play
on EXPH since approx 11 am on 9/15/09
Funny that these same statements were made over a year ago. All that has been done is dilution, losses, and ambiguity.
Ohhhhh but transparency is coming, the company is legit. Swearsies.
i just know what the pattern shows
on EXPH ..
There is a huge difference between a pattern and justification for the drop in the value of their investment (aka a bad decision).
People see what they want, not what is.
Havent you been paying attention?
Any dumping is always *fake* volume.
When you call and leave your information and that you are an existing shareholder..I am sure they will get back to you...veno
With lies.
yep. they are quite skilled at it. they milked it for all it was worth.
they are hard at work taking investors money.
i have said from the start .. that jd and glenn are men of integrity
and character ~
And here I thought the manipulation posts are fantasy. JD and GH are a lot of things, but men of integrity and character they are not.
They are two bit scammers in an arena known for it. In over their heads? **puh lease**. They know exactly what they are doing. They are ripping off investors for their own personal gain. Period. Stating it any other way is just plain silly.
and since we all know what *great* records
are kept on EXPH trades by various entities
imo it's a good thing
It is consistently shown that the volume data that you show is inaccurate. Does that mean we should disregard it?
analyze all the year long happenings viewing through the eyes of your average investor who might be looking to buy this stock
This is what it all boils down to. What reason would any rational person have to invest in this thing? The only concrete info available is the proof that they are losing money and diluting. After that all there is available are poorly written PRs and poorly written website updates. Then you can look at these web updates and PRs and realize wait a minute, where are the numbers to substantiate any of these????
There are years worth of them to take a quick look at.
The only logical conclusion to reach is that the company is not worth putting money into long term. Lack of buyers equals downward pressure on price. Combine it with the ever increasing share count and the value continues to go down.
People can try and create all the other scenarios and mysteries they want, but why??? It is all so simple.
which is why i focus on volume and percentages traded of the OS/AS
This is simply untrue. Whenever there is volume for EXPH you claim it is either false or shorting.
It is like saying you don't listen to the weather man you wait to see if it is sunny or rainy. But then when it rains you claim it is actually an airplane with a hose.
did you see where backorders were being worked on or did you read a website update that said that?
as well all know to be a certain FACT what Expo says and what Expo does are two very different things.
As I mentioned this is an irrefutable FACT.
What will the discount for new shares be now? Will they sell them at .0000005? Will they keep the A/S where it is and then reverse split and sell at a massive discount? I have seen many a scam pull that stunt. Reverse split and then sell millions at .0001. With the new inflated stock price those shares can be dumped for a massive gain.
Of course *some* will stand there and cry manipulation and shorting when all the while it is the CEO and his buddies making a mint and laughing at the bagholders.
JD and GH are criminals for what has gone on here. Should be in a cell together.
and if the date given of on or b4 1/11 will
be impacted by the router down for 6 weeks
More proof it is a scam. Router down for 6 weeks is freakin hilarious actually.
thanks for posting the complaint form. I just filled one out for these crooks (JD and GH).
Others should too. The evidence is pretty damning.
told everyone *volume* would have to *show* b4 eom
Did you tell everyone volume had to show or did you say that you want to see what happens?
how can the average volume for 10 days be 10 million when 140 million traded in 1 day?
Even if not a single other share traded any other day it would still be 14 million per day.
This is a complete joke. A dividend in a money bleeding scam is not a reward to shareholders.
It is a joke. If you have a company that is worth X and you take a piece of it and call it something different it doesn't just magically transform into something more valuable. It is sad that people fall for this garbage.
EV is nothing more than a petty thief.
of course
mgmt *FLAT OUT REFUTES* that .. er .. possibility .. but then
mgmt also indicated that fins/forms would be *current* months
back too wink
And finally the scam is realized and the dishonesty of mgmt acknowledged.
They are filthy liars huh? It is sad what they have done.
Would a 3-5 year outlook have been a good strategy here?
Looks like this is pretty dead.
On September 20, 2010, the Company borrowed $10,000 and issued a convertible promissory note payable six months from the date of issue and bearing an interest rate of 10% per annum. On or before the maturity date, upon written notice to the Company, the Lender may elect to convert the principal amount of this Note into Common shares at a conversion price determined and pursuant to the average trading volume of the Company’s shares at the time of conversion.
On September 24, 2010, a holder of our promissory note converted $10,000 of the principal due on this note into 443,333,333 shares of Common Stock.
Heck of a deal. give 10000 and 4 days later get $44,333 in stock.
"Ditto Family Trust" stamped all over this one.