EXPH.0013.Great news out.Reports 2008 4th quarter sales exceed $740,000.Fellas and the CAP is At a price of .0013 times 460 million O/S=A Cap of only around 600k$.The 4th Q alone has more revenues than the CAP.Makes no sense.This is a real Company.
NORTH WILKESBORO, NC, Jan 12, 2009 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company which wholly owns D&D Displays, Inc., reports 2008 4th quarter sales exceed $740,000.
James D. Brown, CEO, stated, "While our sales are respectable, under current economic conditions, they are in no way what management anticipated. Many of our 4th quarter projects were simply delayed or pushed into 1st & 2nd Quarter of 2009. In fact, two of our delayed grocery projects are in production now and we should begin those shipments within the next week. Additionally, a project for use within Lowe's Home Improvement stores was delayed and shipments are to begin later this month. While these delays were not anticipated, the company has prepared and will continue to prepare for these types of situations. The company anticipates good demand during 1st & 2nd quarter of 2009."
The company will report total year performance and post its financial results via pinksheets.com in the near future.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and Lowe's Companies. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
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