"The company is "growing" in this economy..." What? Are we talking about the same EXPH? Spending shareholder money does not equate to "growth". Spending money on purchases that a company's shareholders can't even approve is even more of a stretch using that ridiculous description. Growth in an investment will eventually boil down to one single factor...growth in net profits. And the use of those net profits to intelligently invest in the expansion of that company's successfully earning business. That is the only true driver of share value, not just "spending money". Especially money that doesn't belong to you and will not affect you in the least if your decision proves to be a disaster. What you are describing is free lancing DEBT. As to whether the company has set up the business mainly for the purpose of supplying themselves with a livelyhood not being of "merit", it is certainly more credible than believing "growth" comes from spending shareholder equity in which you have no financial stake whatsoever on questionable "assets" that those shareholders have no say in. To repeatedly make EXPH shareholder status commentary about a party you have absolutely no knowledge of is not a fact or an opinion, but a desperate swing at that party's credibility. Why this is necessary in the case of EXPH is unknown. Opinions however do not require "proof". Rather more, opinions both negative and positive tend to bring forth more information about EXPH that might have escaped the notice of investors. That is when the focus is on EXPH and not lame attempts to destroy the credibility of a party who might hold an "opinion" different than one's own.
I have repeatedly addressed the statements that I have changed my mind on EXPH. I have owned stock and I did once believe the company may have been 100% legitimate in their appearance to be operating with the goal of earning a profit and benefitting their shareholders. My opinion on EXPH's management's intent has changed...drastically and there is no dispute about that. And while the bank referenced does indeed make genuine lines of credit available to small business and do go through an extensive vetting process, there is no statement whatsoever that EXPH ever obtained that line of credit nor were their claims that the bank stated anything of the kind. This would simply be more about a desperate attempt to sophomorically deflect attention from the rational logic of why EXPH may NOT be what they appear to be rather than a useful opinion or factual information about the company.
Once again the word "we" appears. A new opinion of EXPH going against everything "we" know? Who IS "we" and what exactly are these "facts" that "we" knows about EXPH and their true intent that will disprove any other party's opinions of EXPH management's intent as to profitability. Any one of this crowd of "we" may address that. All IMHO.
SBB
AI
