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Re: zinn21 post# 80783

Tuesday, 09/07/2010 5:54:13 PM

Tuesday, September 07, 2010 5:54:13 PM

Post# of 103340
Yes? That is exactly what I wrote about EXPH on 8-12-10 which confirms what I wrote today. Is there a dissertation about the random "fleecing of (EXPH) shareholders" in their somewhere that I missed? Or is it just an interpretation of wishful thinking? What exactly is your perception of two cabinet building business owners that after losing $347K in one of the best years for real estate, building and building suppliers in history (2005), decide to take their company public and then as a first act open a line of credit demanding $10K a month in interest, run the credit line up to nearly a half million lending themselves $375K in the process AND start selling millions of dilutionary shares besides?

Sure sounds like a scheme set up to feed themselves capital and extract themselves from debt at the expense of shareholders through general and administrative expenses doesn't it? Just like I posted then. So what is your point? IMHO.

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