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Alias Born | 08/19/2009 |
Friday, August 28, 2009 5:56:31 PM
"and what is your suggestion specifically re: dd where expo is concerned"
Well, if I was going to put any real money into EXPH, I'd fly out to NC and meet JD and hit him with REAL questions, not softballs. If I didn't know what I was looking at (I would), I'd bring along someone who did (paid consultant if need be). I'd meet all key players in his organization and talk to them 1 on 1 to determine their qualifications. I would ask the CFO to provide me the same credit references that he uses when applying for credit from a bank. I'd demand to know the REAL status of the 982M shares. Who owns them, how many are restricted, etc. I'd pull a D&B on EXPO and D&D. I'd do criminal background checks on all key people.
If I was putting a few dollars into the stock like a lottery ticket, I'd listen to the CC, read the PRs, read any SEC filings, and maybe call the company.
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