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Ready to publicly acknowledge that Expo Holdings is a scam and JD lied to your face?
That is the downside to selling products at or below cost. You need to constantly dilute in order to keep going.
JD has to be so mad reading this board all the time now. The constant verifiable and truthful posts pointing out what a scammer he is must really chap his hide.
Maybe they got a new 12 bag dust collector. 6 bagholders just wasnt enough. They need more.
It is actually pretty hilarious at this point that they raised the A/S yet again.
of course only time will tell
and i have zero issues .. *giving* it .. :)
Of course not. At this point what else is there?
Anybody that bought on every friday in order to DCA starting way back in 2009 has nothing left to do but WAIT for a miracle. There is no other option. The money is worth a tiny fraction of what it started as and far less valuable than the admittance of a mistake.
Waiting and waiting is simply the lesser of two evils at this point.
That is what happens when people get sucked in by a scam.
They will want to hold out on the RS as long as they can.
It is going to become a difficult balancing act for Expo soon.
The smaller range makes it more difficult for them. They need to dilute to keep the company going, but they also dilute to help the PIPE purchasers (who are all part of the friends and family network) make crazy money buying and then dumping.
So when they have to sell to the PP's for such a tiny amount in order to allow them to be dumped on the market it is more difficult for both sides. I expect another AS raise soon then a pump campaign will follow in order to get the PPS up high enough to sustain the dumps. Then there will probably be a quiet period before the hype build up begins about an "uplist" and then the RS will hit.
We know for certain Expo is a scam, it is just a matter of figuring out the next leg of it. The above is my theory of what will happen next.
my bid at 0004 .. did not get filled
Did your bid at .0005 get filled from weeks back?
I have never seen anything like it actually. JD could fart in a bottle and somebody would call it a great business move.
So wait. 30 million in volume. Is that real or fake?
Can we get a verdict?
I like EXPO and I like their products..I also like the fact that the management is growing their company in this economy
Does grow mean something different where you live?
Where I am from grow means get bigger. Expo is shrinking, as proven by their financials.
Oh wait. Did you mean the share count?
as i've posted previously .. only here is the concept
of mgmt sharing the *fate* of their shareholders (who
i never forget include .. employees/family/towns folk
as well as friends and well established local business
owners) considered a *negative*
This is where once again reality blurs.
If mgmt holding common shares is such a good thing, why did mgmt once convert their common into preferred in order to increase shareholder value?
Only to conveniently convert them back not long after using the share the same fate tagline.
So which one is better? Were they lying then or are they lying now. tic toc, i am sure your answer will be clear.
The truth of the matter is when an investor calls JD..JD will give straight answers..
Bullpucky. JD is full of crap and always has been.
He lies. We all know it. In fact it is so obvious at this point it is a lie to deny it.
You have never listened to the conference call then.
Not sure if you read the fins or not yet. Great place to start. They are shrinking. Less revenue every year. No profit.
Remember last year when they said 100 million was on the way?
How did that work?
Remember when people thought that last time too?
What happened? AS raise. AS raise. AS raise.
They aren't done diluting.
What happened to new ideas? The product launch? Branding? The retailer?
Does anybody actually still think etc has any future? Are people still falling for the hype?
The etc website is almost identical to what it was on day one. The only difference is they added a phone number(still not sure how the heck they forgot that) and they added 3 pictures of some cabinets installed by glenn's business.
What a joke.
Will we hit 5 billion AS or have a RS split first?
That's a tough call.
Thanks to THEPENNYGURU for that information from the shareholder's meeting and good luck in your effort on gaining a board seat
Looks like he would be a great fit! Three peas in a pod.
would appear that 400k is now 247k
Actually no, it wouldn't appear that way.
From the actual PR on planet earth...
The company’s focus will now turn to debt reduction with other traditional banking sources as well as direct debt reduction to five (5) individual debt providers. These debts total approximately $247,000.
They are referring to debt the company owes. These individuals would be people like guy who they owe for "Bite back". Or the guy that they had a promissory note for $150,000 with.
Well I see absolutely no reponse to the statement that the management has recently or is now paying off the loan they received when the company first started
What kind of argument is this?
It would be like me throwing out there that JD is a drug trafficker and then saying that you didn't throw out any links to prove me wrong.
The burden of proof for ridiculous statements is on the person making them, not everybody else. This isn't the national enquirer.
with an AS of 2.050.000.000
and an OS of an almost equal amount .. exph *trades*
nothing *statistically*
This is absurd. When the volume is low it is all about how Expo barely trades a %of their O/S. When volume is high, well lets throw it out to preserve my statistics.
they also are completely unfamiliar with EXPH. John Butler had never even heard of Expo Holdings before he talked to me.
Veno,
Do you have a reliable link to any of what you typed? The only links I could find with any of that are all from the company website or their PR's.
We all know that itrader's word and track record is 10 times as reliable as JD's and Expo's at this point, so I would say it would make far more sense to listen to him than JD or GH.
itrader has never pilfered 400k from the company like JD and GH either.
It would be difficult to name something that either A. Doesnt exist or B. is a relative's hardware store and have shareholders not laugh at him.
The misrepresented PRs rhetoric is getting kinda old
Please stop pointing out the truth about EXPH!!! Just let JD and GH make some more money off of unsuspecting shareholders!
The only way this could have occured is by a combo of share swapping and naked short selling.
Or by a bunch of filthy executives and their buddies dumping shares like crazy before the hype train gets derailed.
Let's see, what is more likely...
The company releases over 50 PR's with all sorts of lofty projections and claims which all turn out to be completely false in order to raise the price to make tons of money...
or....
There is a vast conspiracy which happens to coincide with a bunch of inflated and misleading PR's and we are supposed to ignore that and make the crazy leap off the crazy bridge.
but real investors who have done any amount of DD here are
smart enough to see this is a share selling scam.
More of the same today. This company is a complete joke/scam.
Interest on this scam sure has dried up. Not a good sign for people already in, but a great thing for people who may have considered buying into this scam.
Can we get a poll set up for when the next round of dilution will be?
I say in two weeks the AS will go up again. Just a guess.
the private placements will go lower and lower as the PPS continues to erode with the new dilution stretch in sight.
I would say that any constant promoter of EXPH stands a chance to get a seat on the BOD. I have seen it before with another scam company. Message board posters were put on the board.
It fell from 7 dollars to under a buck. Promised all sorts of big things that never came true.
What company does that remind people of?
isn't it *ironic*
I fail to see any irony. Or is *irony* a different thing?
So now they entertain votes for things?
Everybody please remember that a person on the BOD should have a basic understanding of financial statements and be honest. Consistently making false statements on a message board are not solid qualifications.
The answer is available in their financial statements. They sell product at a loss. The more they sell, the more they lose.
This is a fact. Not an opinion. It is clear as day for everybody to read.
The funny thing is that they make more money by having their machines down than having them working.
This should have made the PPS go up. Can't produce anything at a loss.
I am sure this was done in order to close a huge milestone project deal. They probably had to ramp up production because of a short term surge and they are probably not pleased to announce that this order has already been canceled so they will just use the shares to pay bills.
Any update on the etc "retailer"?
Did grandpa frank's store start carrying the cabinets yet or did he reject them too?
I don't even know what to say. How can these guys live with themselves?
yep .. proving my point .. yet again :)
Please link to where you said nobody wanted to buy this. I dont remember reading that at all. That volume does show it though.
Thanks for posting it.
The Company has a line of credit from a business that calls for monthly interest of $10,000 with an outstanding balance as of
December 31, 2006 of $462,500.
In your North Carolina accounting class does this mean that Expo was getting paid 10k a month from a business? Since it is listed as a payable that must mean it is payable to Expo right?
In 3rd quarter of 2006, the Company increased the authorized number of shares to 1,000,000,000 shares, changed its par value
from no par to $.001 par value per share, and did a 10 for 1 stock split in August of 2006. The Company sold 2,600,000
shares of stock for $52,000.
How was this possible before 2007? lmao...