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Wednesday, September 09, 2009 8:25:40 PM
I want to stay on topic to EXPH so I must be discreet about a comparison stock ....you know , the one that's doing a nasty 1:100 R/S .
I cannot stress enough how important it is that EXPO has loans with nationally chartered Banks that have NO attachment to EXPH's equity ....the stock . And I cannot stress enough the importance of JDB converting the Preferred Shares to EQUAL amounts of common shares . Naturally , D&D's ~ 400 million shares and the insiders' ~ 320 million shares gives them a numerical advantage to sway any vote in their favor but they did not attach a ratio of Preferred to common that would have triggered alarm bells that the A/S could have been increased .
Now , let me discreetly show a few disadvantages to TOXIC financings that are attached to the trading equity of the 1:100 reverse splitsky stock . They have a product , so that company has clearly demonstrated LEGITIMACY , BUTTTTTTTTTTTTTTTTTTTTT ,
that company has two known toxic loans attached to 409 million shares at .015 cents and 306 million shares at .0039 cents , so the company has NO VIABILITY because they sold their birthrights to TOXIC LENDERS .
As well , as I showed how EXPO has converted their Preferred Shares to ONE for ONE common EXPH shares , the unmentionable reverse splitsky company has a total of 10 million Class B shares that have voting powers at 100 to one , translated to ONE BILLION VOTES to do whatever they cotton pickin please ...um ....like reverse splt the stock without retail shareholders having any say in the matter .
So , that stock is a fully reporting OTCBB stock that has inflicted losses of $80 million to shareholders in just two days with more losses likely to come for the hapless shareholders who still think they will survive the 1:100 reverse split . A Boo Boo on that company's voo-doo economics .
OK....back to EXPO the company and EXPH the stock . You betcha we would all prefer that the stock become fully reporting , but as everyone can see from the ' other ' stock a reporting status doesn't amount to a hill of beans if there is TOXIC financings in place and voting powers that can pillage all retail holders combined .
The confirmations and internal auditing controls of the THREE Banks is reasonable assurance that EXPO can and WILL pay back the loans with no dilution of even one measly share of EXPH equity .
It is a BIGGIE , fellow members .
I jokingly wrote in a post about a month ago that even if EXPO Holdings only manufactured toothpicks and whereupon the insiders own over 70 % of the entire A/S and O/S that I would buy the stock on the simplest principle of NO TOXIC FINANCINGS . Thankfully EXPO doesn't make toothpicks but manufactures state-of-the-art cabinetry that Lowes , H.D. Bosch , etc etc etc really like . The second , third , fourth , fifth , sixth , etc BIGGIE .
OK....everyone can wake up now .....I'm done .....for now ( a woman's perogative , haha )
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
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