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Re: Lurker from Mars post# 45204

Monday, 10/05/2009 12:31:24 PM

Monday, October 05, 2009 12:31:24 PM

Post# of 103340
This is why I think it is worth more than 0.01. See the below old news....To supply store fixtures for 35+ stores, it is worth $2M.

Sep 24, 2008 -- Expo Holdings, Inc. (Other OTC:EXPH.PK - News), a holding Company which wholly owns D&D Displays, Inc., is pleased to announce it has been awarded a $2M contract for 35+ store fixture packages by a Fortune 100 Retailer.

Let's say at the current market rate it costs only $1M to supply store fixtures for 35 stores.

10K store fixture customer contract worth,

(10,000/35 * 1 M = $285 M)...this figure might look quite high right now, so just take 30% of it...it is still $85.5 M contract.

Other contracts:
Lowes - 1600 stores
Stanley works - above 1000 and less than 2000 stores.
Kronotex US - ?

This is just my opinion...