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Sunday, April 04, 2010 4:42:55 PM
Ahhhhh yes the economy excuse. Which time frame do you want to use as the excuse du jour? September 2008? March 2009?
How about explaining how Expo was already in the toilet far before September of 2008? How about explaining how JD can say that Expo "held its own" in 2008 when they lost 940 THOUSAND dollars and only stayed open because of dilution?
How about explaining how JD could be saying that the company was growing and hiring more people when all the while he was reducing labor costs? The headline said "Expo Holdings, Inc. Increases Workforce as Unemployment Rate Hits 5-Year High of 6.1%". It didnt say in the headline plans to, or intends, or any other "outs". It said increases.
Sorry that is lying. That cant be spun. It cant be hidden. It was a lie.
What about saying that you were selling shares to acquire southern candle and had signed a "binding letter" to do so but then not doing it? What did the letter bind them to? Did they return the shares to the treasury?
What about converting to preferred shares to increase shareholder value only to reverse that action?
What about saying over and over no increase in the A/S only to increase it?
What about saying that Karl malone has never sold any shares yet SEC filings prove this statement to be a lie. Not just one filing. Not just two filings. Not just 3. Four filings prove this to be false. That doesn't even touch on the fact that it was obvious other insiders sold also. Oh yeah. Blame shorty.
If things like this happen once or twice, sure they can be explained away by bad luck. 3-4 times maybe some poor judgment. 7-8 times maybe bad luck, poor judgment and stupidity. 11-12 times maybe bad luck, poor judgment, stupidity, and bad market conditions.
However when you release over 100 PR's that are basically nothing but a path that leads to failure and undelivered promises complete with all sorts of misdirection and slight of hand and it can no longer be considered anything but lies.
Oh, gee golly looky looky the PPS reflects it.
Just speaking the truth out loud. Happy Easter to all, except for JD.
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