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The point I have been trying to make is that, nothing you have reiterated or that SBB has ponded into our heads has anything to do with what is going on "right now" as we type
Hogwash. Of course it does. It shows that they are full of crap and can tell you over and over that things are going great, but in the end they aren't.
How many times can people fall for the ole, "trust us, it will be different this time routine"?
But, but, but you are forgetting about the Macro environment and the locals!
blah blah everything is going great, well until they actually post their numbers and we all see it was just a bunch of lies.
Same story different day here.
Scam. Crooks. JD is nothing more than a pickpocket.
and include a 20 multiplier for a growth company.
Growth multipliers are only for companies that are actually growing. Expo has been shrinking for years according to their financial statements.
from 20 million shares O/S to obviously over 10 billion and soon to be 20 billion in one year?
That has to be a record.
Or it will finally find a home at .0001, where it belongs.
1 ~ mgmt would be able to access capital easier
(ie ramp up growth for ETC and those diy big box retailers)
This is absolutely false. It is far easier to raise money by selling shares in a public company. Exph has been doing it for years. Does it look like they have any troubles? Nope. They dilute quite easily. Over 1 billion served in 2010
Cant wait for the new PR based on pesos.
Remember when they were expanding into mexico and were going to do 3-4 million in one quarter? Lol. Never happened.
he doesn't have any dignity.
those include KM/landlord/2 gents from so.
candle among others
Malone sold.
my favorite theory is still how the "well orchestrated" runs where mgmt released PR after PR about 100 million bucks and a brand new product and stated during the conference call that over 20% of their business could be with Wal Mart in 2009, but wait that had nothing to do with the run. It was traders and market makers that did it, lol.
If others would hold the managements feet to the flames maybe we wouldn't be here.
Mgmt does give a crap about any of you. These guys are swindlers, plain and simple. They are vague bevause they need to be. When they release clear data, like financials, people see right through them. When they release vague statements the friends and family network run wild with crazy predictions.
The f and f network likes to constantly talk about the fortune 500 clients and pictures of products. They don't talk about how the only reason they have these clients is because they bid super low. They lose money on some of them, and they know that going in. Why??? Doesn't Lowe's look great in a PR? Won't that make the PPS rise then ultimately fall when the raw data is released?
Geee. I can't imagine why mgmt changed to common shares. Remember when they switched to preferred and said it was to increase shareholder value? Funny how a year later they switch back to common and that was also supposed to be good for shareholder value.
Especially when the company had to borrow the money from another source at 60% interest in order to give that money to JD and GH.
It is in the asset side of the balance sheet.
That is precisely why it is obvious that it was money given to JD and GH. It is an asset because it is money owed to the company.
Also if you would read Expo's fins from 2006 you would realize that it clearly states shareholders received advances.
Happy to have helped educate you about Expo Holdings. Listening to JD is really a poor way to do DD. Stick with facts.
Some people just like to convince others of the truth. Kind of weird huh?
20,000,000,000 little parcels of truth.
*****IMPORTANT SCAM ALERT********
EXPH is a scam. It has been detected by numerous scam measurement devices. Mgmt has been absolutely proven to be dishonest. Expo is a shrinking operation in a continued downtrend. They sell product at or below cost as proven by their 2009 financials. They release dishonest and misleading PR's to be able to dump shares as well as have their friends dump shares. The directors took $400,000 from the company and at one point the company was paying 60% interest in order for them to be able to do this.
Avoid a long term investment in this one folks.
Of course they don't want to post a reply from mgmt about this issue. And of course mgmt doesnt want to go firmly on the record.
They can't lie and say yes we filed it. They also can't come out and admit that it was just part of the pump.
I am actually sad that people can't see this company for exactly what it is. A scam hiding behind a loss leader. That's it. End of story. JD and GH couldn't make it so they decided to branch off into a new area, scamming investors and pink manipulation. They actually are quite good at that part. They really tricked a lot of investors in 2009.
I wouldn't be surprised if the etc prov. patent application had almost no info on it because they just wanted to be able to PR about the status being "awarded".
The one's for kentucky were probably for all of the penalty checks sent to cabinotch for trying to steal their patent.
Ready to admit I have been right all along about this being a scam?
D and D was started with an intent to make it as a real company. JD and GH screwed up and realized they didnt have what it takes. They have connections to the pinky world via the "friends and family" network so they figured out a way to recoup their losses and print money by lying to the public.
Expo is then born and we know the rest.
oh and for those who believe KM *sold* his shares
previously despite those .. er .. posts offering zero
by way of proof
Actually the posts saying he still holds his shares are the ones offering zero proof. The SEC filings already proved Karl sold his shares.
The truth hurts.
i find it rather telling that half the town is invested in
expo
Half the town? Did they dilute some more already??? Yikes what a dilution train. Didnt realize Expo had so many shareholders.
that is why they haven't filed yet. They know as soon as they do they have to keep it updated.
Whatever happened to the demo where a whole kitchen would be changed out???
lmao
fyi Karl Malone sold his shares long ago.
too bad they are worth less than 400k. Too bad the only thing Expo sells well are shares.
Could you please post a picture of the share printing machine?
Can we see the stacks of overdraft notices too please? I mean 7k in bank fees?
How about 6256 in penalties?
How about the factoring expenses? 52k?
That is why they save the bills of lading. They need those to submit to the factor in order to get their money right away. Is the factor part of the friends and family network? Just one more buddy to give another 50k of shareholder money to.
you know as well as I do no legit company has a table that they set that crap up on. Only a fool would fall such a scam.
Does anybody know why legal fees didn't increase in 2009(in fact they were far lower than 2007)? That seems kind of odd considering they were going to be going after all of those meanies.
Looks like my "friend" sure nailed this one back in January.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45140703
He thought that the 52 PR's released in 2009 for a company trending toward 1.6 million in sales was very excessive. He felt that the obvious misrepresentations made by the CEO were very snake oil salesman-like and extremely unethical.
He especially chuckled when I played the 100 million dollar game changer predictions for him from the CC. I could tell he snorted his coffee a bit. He couldn't believe that the CEO had the nerve to make such a prediction for such a poorly thought out cabinet design.
He also told me he thought the Patent was probably worthless too and doubted it would amount to anything.
It has been over a year now and crapinets still don't have a legitimate home.
That's pretty funny actually. JD sure sucks at selling, well except for shares. He is a pro there.
Does DD mean "dumbed down" math?
If you want to actually do real accurate math you would take the sales, then subtract (sales*1.01). This would let you know exactly how much you are losing and how badly you wanted to slap JD for being a complete piece of garbage and constantly scamming shareholders.
They are worth less than 400k.
1 million is pure fiction.
I haven't been able to see the doghouse pics. Were they removed?
do they get their displays at cost too?
This patent application was always just part of the scam. They tried to portray it as something they were awarded. Expo didnt have a shot to begin with. Their own words shot them in the foot. They claimed they had already sold them prior to September of 2008.
Do you also think for one second any inventor that felt they had a product that was worth a dime would be trying to sell it without filing the patent application first?
How do people not figure this out? It is too easy.
I hope JD gets hauled off in cuffs for the crimes he has committed.
Even if they do not have a patent, surely that doesn't mean etc. won't be in retail locations in the very near future?
etc. won't sell because it is a garbage product that people realize makes no sense.
Perhaps when they mark them down to where they are selling at a loss, people will buy them to use as normal cabinets because they are cheap. Expo sells pretty much everything at cost or a slight loss so why should the crapinets be any different?
completely and utterly pointless and any1 claiming a r/s from these levels doesnt know what they are talking about.
Actually it makes perfect sense. Not much motivation for PP investors to buy in if they dont get a discount.
Havent you figured this out yet? That was pretend volume. Real volume is ONLY when the PPS climbs.
Serious dumping lately. Guess people are catching on.
why do you keep saying the equipment is worth more than what Expo says it is worth in their filings???
Expo says 400k you say 1.6 million.
False. Already been proven this is simply not the case. Might as well say the tooth fairy is the new CEO.
The filings prove that the inventory is right on par with historical levels. It also proves that they basically sell at cost. Therefore when the inventory would be sold it would not create any extra profit, well because that is simply how math works in the real world.