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Sunday, March 14, 2010 4:29:31 PM
EXPH "chart" - Under accumulation, waiting on an earnings report:
Posted by: Stock_Barber Member Level Date: Wednesday, March 10, 2010 10:52:50 AM
In reply to: None Post # of 66398 Send a link via email Share on Facebook Tweet this post
James D. Brown, CEO, Stated:
3/10/2010 10:25:50 AM
The Company has decided to cancel its efforts to issue a private company dividend. Expo Holdings, Inc. will instead focus its attention on operating a division under the parent company Expo Holdings, Inc.
James D. Brown, CEO, stated, "After careful consideration, the board of directors has agreed, to cancel any efforts to issue a private company dividend. Unforeseen difficulties in this process have prompted this final decision. Originally, the company intended to raise funds privately."
Yesterday, the company submitted the necessary documents to raise its authorized shares by 10% to one billion one hundred million. The change was submitted in anticipation of the need to raise capital to support it's 2010 initiatives which now include the etc. Brand. Additionally, 10,607,782 shares have been issued to a private investor. The current shares outstanding is 1,000,000,000. Guardian Registrar & Transfer, Inc. our transfer agent may be contacted after today at 954-915-0105. The company anticipates meeting with several current shareholders to arrange additional private placements.
Shareholders are cautioned that the company continues to anticipate volatile sales and performance in 2010.
Posted by: Stock_Barber Member Level Date: Wednesday, March 10, 2010 10:52:50 AM
In reply to: None Post # of 66398 Send a link via email Share on Facebook Tweet this post
James D. Brown, CEO, Stated:
3/10/2010 10:25:50 AM
The Company has decided to cancel its efforts to issue a private company dividend. Expo Holdings, Inc. will instead focus its attention on operating a division under the parent company Expo Holdings, Inc.
James D. Brown, CEO, stated, "After careful consideration, the board of directors has agreed, to cancel any efforts to issue a private company dividend. Unforeseen difficulties in this process have prompted this final decision. Originally, the company intended to raise funds privately."
Yesterday, the company submitted the necessary documents to raise its authorized shares by 10% to one billion one hundred million. The change was submitted in anticipation of the need to raise capital to support it's 2010 initiatives which now include the etc. Brand. Additionally, 10,607,782 shares have been issued to a private investor. The current shares outstanding is 1,000,000,000. Guardian Registrar & Transfer, Inc. our transfer agent may be contacted after today at 954-915-0105. The company anticipates meeting with several current shareholders to arrange additional private placements.
Shareholders are cautioned that the company continues to anticipate volatile sales and performance in 2010.
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