Expo Holdings Inc. (EXPH)

[Santa Barbara Broker]

WHAT???

Could be..we hear that the reason JD stuck to his projection is that a large licensing contract for etc fell through in the last weeks of Dec...

And how does "we" believe that a "large licensing contract" that fell through in the last weeks of December would have added $4.4M dollars to the bottom line almost immediately and had old JD Brown meet his misleading projections? Are you suggesting that a minimum $4.4M for this licensing contract was going to be paid 100% up front and then JD Brown was going to raise the factoring limit on their $1M LOC to $4.4M so they could collect it all by December 31, 2009 and make their numbers? And who's "we"?

Is there ANYTHING that won't be said to excuse this company's misleading BS? IMHO.

SBB