Expo Holdings Inc. (EXPH)

[99leadballoons]

There has been great DD done on Expo Holdings. Unfortunately for bagholders it all points to the same conclusion. I can look back on all of the events, and I actually laugh that there are still claims of what a legit enterprise this is.

Lets just look at a few facts that demonstrate the lack of ethics...

This company has raised its authorized share count multiple times this year. They repeatedly claimed there were no plans for this.

This company claimed publicly that they expected 2009 sales to meet guidance up until December 2009. They fell short by over 70%

They stated in a PR on October 19 that they expected 2009 to post a profit. They lost over 500 thousand.

They released a shareholder video(and PR'd about it) that has no sound because the sound has been shut down due to a copyright violation.

The CEO used illegal unregistered software.

The company used pictures on their first choice closets page that were in fact pictures of California Closets.

GH and JD borrowed almost $400,000 from the company. The company had a loan that they were paying over 25% interest on after this money was borrowed.



These are not predictions, guesses, theories, or postulates. These are absolute facts. People can try and come up with a million reasons to explain away why these events are ok, but the bottom line is they occurred.