Expo Holdings Inc. (EXPH)

[Acc441]

Wrong yet again......JD sells the current facility...up until that date rent factor was roughly $5300......RENT FACTOR TRIPLES....JD CREATES WILKES HOLDINGS......COMPANY SHRINKING...


as a side note.....the amount expensed for rent since the sale of the facility would have exceeded what the company owed on the facility at the time of the sale......meaning of course that the company would actually hold an unencumbered asset worth leveraging....meaning of course that the massive dilution heaped upon existing shareholders would not have been necessary.....meaning of course common shares would be worth more than they are currently. Reckless mismanagement at best.


And you are 100% correct...."patterns fit..yet again" you see....JD and Glenn ALSO looted the company till to the tune of roughly 400K in "LOANS" while the company bled red ink.

These decisions can not be attributed to "learning curves"... the decisions create a pattern that points to reckless mismanagement IMO

please feel free to list the address of a second facility that would explain the tripling of the rent factor expense. TIA .. LOL

WAITING