Expo Holdings Inc. (EXPH)

[Santa Barbara Broker]

The money for EXPH management isn't in EXPH's sales. The money now is from siphoning off shareholder equity from overspending in G&A. The BIG money for EXPH management, however is/will be in dumping those tens of millions of free or dirt cheap shares they have. And to do that, you need to have a motivated, buying base to keep constant pressure on edging the PPS upwards. So on the one hand you have EXPH sales, the net profits from which are historically overshawdowed up to 150% by G&A expenditures. G&A expenditures which provide the executives with a nice lifestyle, but are relative chump change to the potential from share sales. On the other you have the potential of millions in EXPH share sales if there is a motivated buying base to purchase them on hearsay, hype and implied future success and run them back over .03 cents or higher. If I were an EXPH executive, I'd be placing emphasis on returning shareholder calls. A lot of shareholder calls . I wouldn't be opening myself to insider trading charges by actually telling them anything. But I sure would be returning their calls, LOL. All IMHO.

SBB