Seanman - I don't see any reason to get out now...infact I think many people will get in when they digest the news. If EXPH pps stays at the same price until Monday afternoon, then I might buy more shares and here is why,
- 6.5 trading days left for shareholders meeting.
- Dividend (free shares). I don't see any reason why JD will not take this to public. JD believes in this product(game changer) from the beginning and there are big companies backing it up. From Oct 19 PR, The company anticipates multi-million dollar orders by year end. These anticipated orders will most likely affect 2nd quarter 2010, in terms of sales and positive financial impact.
Read between the lines from today's PR
Further, it is our intention to fully report all financial activity of the new company to its shareholders and follow guidelines that would generally be viewed as fully reporting including the use of fully audited financials."
When I talked to JD last time, he mentioned we will be uplisted sooner than people think. I am not sure if this is what he is referring to. In my opinion, if JD plans to uplist this new company then the share structure will be very very low than what we have now....that means when it goes public...pps will sky rocket, if ETC product is successful. If it is not successful(which I doubt) then EXPH will be trading higher with its own revenues. I see this as WIN-WIN.
- Current price is at ROCK BOTTOM.
- Positive EXPH Q3 & Q4 financials
I have bought EXPH shares at every level(0.0011, 0.013, 0.015, 0.021, 0.03, 0.016, 0.019, 0.01, 0.0085) and my current average is 0.0135. I am in loss on paper but I have not lost hopes on this company and stock.
GO EXPH!!!!!!
