Expo Holdings Inc. (EXPH)

[Santa Barbara Broker]

To begin with, EXPH's year runs from 1/1 to 12/31 unless they have changed it since their last financials so "year ending" is wrong. They don't file earnings reports with the SEC so that's wrong. They lost money on general operations 1/1/2009 through 6/30/2009 "year to date" to the tune of ($ 2,879.00), so that's wrong. You may be looking at the figure contributed by "other income" (most likely stock sales minus interest expense) in that YTD report which gave them a positive bottom line at the expense and swap of shareholder equity. So calling it "positive net earnings" was wrong...unless you consider stock sales by a dilutive pink sheet company that manufactures cabinetry as their declared business part of their genuine product sales. And they lost ($ 28,039.00) on general operations in the 1Q 2009 and ($ 8,423.00) overall despite a net $ 19,616.00 on a probable $ 37,520.00 worth of stock sales minus $ 17,904.00 in interest expense respectively for the first quarter 2009.

I don't know where you're getting your information. I'm getting mine from here:

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=25448

All IMHO.

SBB