InvestorsHub Logo
Followers 0
Posts 229
Boards Moderated 0
Alias Born 07/09/2008

Re: Han2004fl post# 16401

Thursday, 04/09/2009 4:32:39 PM

Thursday, April 09, 2009 4:32:39 PM

Post# of 103340
Just because they are processed to start bidding does not mean that turnaround has to happen overnight. Sometimes the bids on projects are open for weeks at a time. The PR stated (If I remember correctly) that they are now eligable to bid on WALMART contracts. It did not say how many they bid on nor did it mention if they bid on any at all.

Our contracting office puts projects "on the street" for bids at 30 day intervals minimum. Sure EXPH could catch one of these bidding opportunities on the 30th day and have a short few week administrative wait until the Contract is awarded, or they could bid on one when it first opens. This could mean 30 days (or more) until bidding opportunity is closed + admin related paperwork to get contract awarded.

I know we keep saying we need to be patient and I'm not particularly happy that we do not get a lot of concrete info on what EXPH is up to (on paper commitment of company intent or status of work).

I would like to see them have a conference call with investors. But that might be wishful thinking right now.