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"You are confusing orders. The Lowes shipments are store fixtures, not the "game changer" cabinet.
Why won't any longs confirm this FACT to put the incorrect information on this board to rest?"
<crickets chirping>
So no one wants to straighten out a fellow long who has his facts wrong?
You are confusing orders. The Lowes shipments are store fixtures, not the Mr. Potato Head "game changer" cabinet.
Why won't any longs confirm this FACT to put the incorrect information on this board to rest?
"EXPO's interchangeable cabinet faces are LOVED by those who matter....SOME OF THE LARGEST RETAILERS IN THE WORLD.
A MULTI MULTI BILLION DOLLAR BUSINESS AND EXPO HAS WHAT THEY WANT AND NEED : )"
Yes, they love it so much that they haven't placed an order yet... I doubt the $12k order is headed for a large retailer, it wouldn't even stock a single large store, IMHO.
"I guess they are shipping 2.5 truckloads to Lowes with no agreement?"
No, they are shipping truckloads of store fixtures to Lowes. This is a totally different, and previously announced, deal.
"He doesn't and he's 100% wrong"
- How can a FACT be 100% wrong exactly? It is a FACT that no announcement of any agreement with Lowes to sell the Mr. Potato Head cabinet has been announced.
"Please dont pass off opinion as fact."
I am ONLY stating facts. If there is an agreement with Lowes, it has not been announced. So, the only "opinion" here, would have to be yours.
"3. Billion dollar client exhibiting and selling new product
for EXPH."
-This statement is not accurate. They have not signed on a large retailer for their "game changer".
"Last I looked EXPH was a Pink and has always been a Pink so all this talk of audited financials is a Paper Tiger.
If at some point they decide to Audit financials and uplist, that's a different story.
Complaining about non filing isn't a true objection since that was the status when everyone bought."
Read the thread again... we were talking about uplisting... actually, that may have been a different thread...
"How many otcbb have financial audits? .
IN otcbb i see thousands stock with nothing real trading more than 100 million cap !!!..."
All of them require an audit! Are you thinking of pink sheets?
The periodic reporting requirements under NASD Rule 6530 require annual audits of an OTCBB issuer's financial statements.
"company is begin buyback shares "
- Then why were they selling 2 days ago?
I'm not waiting for anything...
EXPH needs to make audited filings to give investors something REAL to believe in...
A webcam just doesn't cut it!
Definitely looking like the sub-penny range is a possibility for EXPH again...
"Significant is a serious word"
- "Game Changer" were significant words, too!
"idiots want to sell!!"
- How do you know that they are idiots? Maybe they have information or perspective that you do not? We saw a selloff prior to the "game changer" announcement too...
Shareholders have every right to question the credibility of the company after some of the disappointments of late...
"IF" there are short games going on with the shares, EXPH's best course of action, IMHO, is to get the SEC filings done, get in compliance, and get onto the OTCBB. If I was JD, this would be a high priority of mine irregardless of the short issue.
"Trading at this level is TOTAL BullS---!"
- I agree, I think EXPH should be trading WELL under a penny!
"The advbantage of this product is just that it takes up less floorspace"
That is why they sell so many 100% knocked down (flatpack) cabinets already. How is the EXPH version an improvement on those?
"I do not have a patent number as we are only in a provisional patent pending state."
- PROVISIONAL... all this major hyping of the patent and how much confidence the company had to spend all the money, and it turns out it is just a provisional ($220) filing. A provisional patent is not really a patent, it is a bookmark. It allows you 1 year to file an ACTUAL patent and claim the original date.
FWIW, I think a provisional was the correct route to go, but the excitement and hype that its filing generated was 100% misplaced...
Thanks Hooka.
Sometimes there is no positive spin on reality... you just have to accept it.
"one large retailer chain does $1.7b+- per annum in cabinet revenues"
Do you realize how many different types of "cabinets" they sell? Kitchen, bath, garage, laundry, custom (likely the majority $-wise), utility, flat packed, preassembled, finished, unfinished, etc.
And what is the source of your $1.7B number?
"you do understand it's not *retail* as much
*retailers* and the savings to them that matters :)"
That seems to be the spin that has been taken since obviously this has no consumer appeal. I suggest that you take a look at www.easytoinstall.com and honestly answer me if that site is targeted primarily at builders/contractors/consumers or retailers? I know you've been there, and we both know that it is not retailer geared.
It is clear to me also that this product fails as a consumer product, and ONLY might appeal to a retailer. Why was that fact not clear to Expo when they launched the product?
Additionally, many of (possibly most) of the "take with you" cabinets sold at the big retailers are flat packed "Ikea" style cabinets, which trump the Expo approach for retail space requirements.
And... who is going to be assembling these cabinets while you wait? You can't even get someone to help you in these stores!
And... the premade ones come in protective packaging to help you get it home unmarred. Are we to believe that a sales clerk will open the box, assemble it, and repackage it for you to take home on the spot? Good luck. I do not believe any major retailer will have interest in this...
Where on Earth did JD get $100M from?
Does a large retailer even sell $100M worth of non-special order cabinets a year? Is he banking on getting 100% of the sales? Bath, kitchen, garage, etc.?
This number is so insane, we deserve an explanation!
Charting is useful, I have no issue with general use of charts... However, I think they are about as practical for news driven pink stocks as trying to dial your cell phone wearing mittens.
500M is both buys and sells. And if you believe that much of the share trading volume is phony, 2 million real shares sold at a key inflection point could very well have been what started the ball rolling down hill!
You didn't answer my question...
Did your charts predict yesterday's selloff, or a much higher move?
EXPH is a news driven stock. Charts can't help with that.
"i'm thinking of offering services
to those who need to be tutored on
spotting a good NSS pos in legit
co.s .. wonder if i'll get any takers "
You'd make a mint if they gave you enforcement powers to do something about it!
"just out of curiosity, what do you think is a 'good' website?"
Why iHub of course!
I agree that the website is about as bad as they get. I just assumed it was done on a very tight budget.
I'll accept that. However, that number seems to change daily and has gone up more than 2m shares. Does that mean he has sold more than the 2M shares recently?
Please add:
Was your "patent pending" for a design, utility, or provisional patent?
"We publicly disclose when we raise capital."
How does sending an email to a single stockholder constitute public disclosure? As a matter of fact, that might just get him in trouble with the SEC. And NO I don't plan to make an issue out of it...
How can people be talking stock buybacks, when the company is SELLING shares to raise cash?
How is it good news to hear that the company dumped 2M shares at the top of a hype runup? I'd call that VERY BAD news...
Add this:
Is EXPH currently employing anyone to promote their stock on internet boards?
When EXPH goes up, it is always massive buying... when it goes down, it is always MMs shaking the tree, shorting, or manipulation. Does anyone really think that these posts are believed?
How could I reference a patent design that won't be published for a year? I don't need to see the patent to fully understand the invention. I don't have 12 patents by accident.
That is a link to a patent... you asked for a link to the design.
"Can you post a link to the current design please?"
How does one "post a link to a design"?
"you honestly think they came up with this whole idea, went through all this trouble to market it , and never thought of how these things will work universally?"
They wouldn't be the first company to do that!
"I think they would have been better off if the faces were secured using a pin and slot system with a couple of screws to lock them in place."
Yup! The current (patent pending) design appears to be about the worst way of accomplishing the removable face concept because of the need to slide it vertically vs. front removal.
In my opinion, they will never get a single sale with a retailer due to just plain common sense. The idea of interchangable and retailer configrable cabinets is not a bad one... it is their execution of it that is the failure, IMHO. Competitors with SUPERIOR solutions haven't successfully capitalized on this concept, how is EXPH going to do it?