Friday, May 28, 2010 10:46:10 AM
"There was no direct and substantiated announcement of an acquisition of Builders Choice in that PR:"
"Will Hartley, President, Builder's Choice, stated, "I am very excited about the opportunity to join the Expo Team. My new position as Senior V.P. Residential Sales, allows me to serve our customers while being part of a larger effort. This is a amazing opportunity for me to focus on sales, and step away from the day to day requirements of owning and running a business."
and this..
"This agreement was consummated in cash and restricted common stock in the company."
The company is operating under additional non-disclosure agreements regarding acquisition opportunities. The company views acquisitions as an opportunity to grow sales, operational capabilities, and secure experienced, high quality, associates. The company will only report acquisitions after they occur, and will offer no updates regarding acquisition candidates.
Cash and restricted shares were paid for the company..What was Builders Choice to beging with?? They made custom cabinetry..The sales team would get the orders..The design team would design the cabinets to the customers specification and the craftsmen would build the cabinets..
"This agreement doubles the company’s sales force, and based on initial sales projections potentially doubles the company’s 2010 sales opportunities."
Like I said..it was great to see EXPO making a move to grow the company...veno
To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..
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