Sunday, December 13, 2009 12:25:09 PM
EXPH doesn't need to embellish earnings numbers like most other Pink Sheet stocks do , simply because Expo Holdings can absolutely prove the company earns money from the sales of visible products to National Retail Chains . EXPH shareholders know that the three National Banks are satisfied with EXPO's earnings revenues and Expo's ability to pay back the loans . Expo Holdings is located on U.S. soil where mountains of evidence exist to the facility being fully operational with employee staff and manufactured product being shipped from the facility by eye-witness reports .
Those three incontrovertible facts separate EXPH from the vast majority of other Pink Sheet stocks that claim to have products but the products are nowhere to be seen by the consumer marketplace . Often the products are claimed to be marketed in far away countries where no proof can be obtained . Embellishment of earnings is the usual practice of those companies , and the embellishments are made in order to sell one verifiable product .....SHARES of the company's stock at tremendous consequence to the hapless shareholders who believed the stories .
So then , the qualitative differences between Expo Holdings and most other Pink Sheet stocks are vastly different because Expo Holdings does have incontrovertible PROOF of operations ; incontrovertible evidence of Bank loans that do not contain any toxicity to EXPH the stock ; incontrovertible evidence of contractual vendor orders with Lowes , Kronotex , Newell Rubbermaid , Bosch , Black & Decker , Home Depot , Westinghouse , Clarion Industries and local Governments and school boards .
JDB could transcend EXPH the stock from being perceived as just another Pink Sheet stock as I wrote about yesterday :
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44459219
The issues I wrote about in yesterdays post will cause naysaying opinions to be shouted from the rooftops by the meany naysayers who are correct / semi-correct in doing so . Embellishments of earnings , absence of PROOF to insider ownership , absence of Financials that are suspected to contain earnings numbers far more conservative than those touted by JDB , ergo the delay to avoid the embarrassments associated with the gross miscalculations , the absence of Legal Opinions Letters that would authenticate the Financials , the absence of which relegates the Financials to more suspicions of embellishments or minimally unverified data .
Whether those negative opinions are propaganda as PRO-EXPH holders may think or those opinions are bang on , nonetheless those sentiments are reflected in the 85 % loss to EXPH's PPS from the recent highs of .035-ish cents .
Post-Script to todays and yesterdays posts :
#1 ) JDB should repeal the ECT private dividend and either leave ETC as an integral , public component of Expo Holdings , or make ETC a separate entity but still an intregral component of the public company , Expo Holdings , with the dividend being a public share offering . The market doesn't like it the way it stands now .
#2 ) Expo Holdings should release 3rd quarter Financials with a Legal Opinion Letter , ASAP . Although the numbers won't likely equate to JDB's grandstanding dollar numbers in prior news releases I contend that Pink Sheet investors will quickly forget the past embellishments and will focus on PROVEN ACCOMPLISHMENTS of the company . The temporary hit on the stock as a penalty for JDB's likely miscalculations or contradictions will gradually transcend to STRONG INVESTOR SUPPORT for the stock on the verifiable evidence of business operations , recurring revenue contracts with National Chain Retailers , and other material events that absolutely legitimize Expo Holdings from most other Pink Sheet companies and EXPH from most other Pink Sheet stocks . Pony up , JDB .....the Pink Sheet world will forgive you for past embellishments IF you abide by proper corporate governance conduct and you never again embellish anything !!
Act like the CEO of a bonafide American company and employer of dozens instead of acting like a typical CEO of a Pink Sheet company .
#3 ) With the two aforementioned issues fulfilled it may not be as much of a burning issue about insider share ownership inthat the Outstanding Shares remaining static is really the most important criteria for retail holders to know absolutely that their EXPH investment has not nor will be diluted . The O/S of under one billion
is all that matters regardless to who owns them . Of course , if JDB can and will prove on Form 3's and 4's that insiders collectively still own at least 20 % ( or more ) of the entire O/S the market will quickly forgive IF insiders sold around 12 % for personal gain in similar fashion to retail holders locking in profits . Just DO IT !!!!!!!
JDB needs for EXPH to benefit from the impressive regard that Three National Banks and numerous National Retail Chains afford Expo Holdings , and for EXPH to benefit from the rarest of all benefits ....ZERO TOXICITY to the trading equity , EXPH . He can do that by FIXING the market sentiment of the stock by cleaning up any and all negative perceptions and hopefully misconceptions of the stock , even if it means a temporary loss of confidence for any revelations that MAY contradict prior projections and statements . Pink Sheet investors care more about TODAY and TOMORROW than all of the YESTERDAYS . PROOF is the elixer for a stable stock price !!
Expo Holdings is not as recognizable as American Apple Pie , but if JDB woulkd eat a slice of Humble Pie and get the stock back on track with full transparency and verifiable disclosures of ALL things material , the stock will gain respect as a growth investment similar to the company being a growth company . The ' players ' would then dance to the investors tune instead of the other way around .
Even $1.00 PROFIT after all operational expenses for EXPH is better than many Nasdaq , NYSE , AMEX , OTCBB public companies that are in the RED every day of the year .
The buck stops with JDB to fix the broken stock .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
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