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Re: LOL post# 10685

Wednesday, 07/30/2008 4:39:21 PM

Wednesday, July 30, 2008 4:39:21 PM

Post# of 103340
And in all honesty, the more I reevaluate this, the more I think they should postpone these acquisitions until they establish a higher pps to acquire companies. The share structure is decent as it stands right now, leaving an extremely undervalued market cap. For a company that already will be doing around $10M this year, I think that leaves plenty room to appreciate. Once trading at a fair market cap, look for acquiring a synergistic relationship with other companies--ones that hopefully don't have many liabilities. Granted, I can't say anything because I don't know the terms of this deal or what Southern Candle's books look like, but I do know that EXPH needed financing 2 months ago and I would just hate to see them selling a ton of shares at these levels.

"Quitting while you're ahead isn't the same as quitting"