Expo Holdings Inc. (EXPH)

[Sud13]

Veno - do you have an answer to this?

As per PR's from Expo, Company has received orders from the below companies last year, but still they diluted 1 B shares at discounted prices where their long shareholders are sitting at 90% loss.

Stanley Tools
Joann
Harris Teether
Kronotex US
Clarion Industries
GTO Inc
Lowes
Several small orders as per JD (I have an email).

If company has received orders from these companies, wouldn't they had some cash flow to continue operations rather than posting loss, missing guidance, diluting 1 B shares to stay in business. If they did not have orders in 2009, then i think it is no different than a scam company who issues PR's, Paid promotions e.t.c. IMO.

Now, they issued another 50 M shares and did not update shareholders why they had to issue them. One has to guess, that it is because of machine failure. Why these games played by company always....why can't they be clear and tell us the reason behind their actions.

It was always blamed here traders manipulating the stock....that might be only 10% true...but i think 90% it was company who should be blamed for current pps and the longs 90% loss. Traders will be there in every stock in the market.

This stock, company and it's management definitely lost it's credibility for not being responsible what they should be for. IMO.


JMHO. GLTA.