Expo Holdings Inc. (EXPH)

[tinymidas]

Please comment:

Here are the company revenues for the past 2 years:

Revenues for 2007 = $4,880,235
Net income for 2007= ($205,882)
*Approximately 340MM shares outstanding

Revenues for 2008 = $2,372,590
Net Income for 2008 = ($943,439)
*Approximately 500MM shares outstanding

Revenues for 6 months of 2009 = $860,744
Net income for 6 months = $40,612
*A confirmed total of 993,000,000 shares outstanding!!!

Bottom line:
*Company has less than $1,000 in cash
*Nearly 1 BILLION shares outstanding
*Revenues dropping from around $5 million in 2007 to $1.6 million in 2009
*Guided for $100,000,000 in revenues...almost unbelievable.
*Continue to talk about aquisitions...HOW?? They have NO MONEY and a BILLION SHARES OUSTANDING!!!