Disagree all you want. A company like Expo Holdings, Inc. who has diluted their shareholder's investments to near nothing has no business sponsoring a go-cart let alone a professional race vehicle. The guy who started the thread earlier started his post with the sentence "Racing is very expensive...". Which the beginning and the end of the argument as to why EXPH has absolutely no business being involved in it at all. There are literally THOUSANDS of more effective ways to spend their advertising dollars than a racing truck sponsorship of what...two races? One of which lasted less than a minute? THOUSANDS. To imply that something will come out of this sponsorship at this point is beyond ludicrous. It is flat out disengenuous and desperate. NOTHING, repeat, NOTHING will ever come out of Expo's truck sponsorship. They could have used that money to save the dilution of hundreds of millions of shares, but instead the Messianic need for JD Brown and Glenn Harrs to appear in the limelight as some big time racing sponsors (of a truck which crashed, how appropriate) was just overwhelming. I have often mentioned how the participants in Expo Holdings like pink sheet companies will exhibit tendencies of a sociopath at times? What an ideal example of just that sort of behavior. The management of a fiscally failing company, millions of dollars off pace in their revenue projections, coming off a horrible year and wasting money "advertising" in an event where the odds of any entity capable of adding to their bottom line even seeing their sponsorship was so remote as to go unmentioned. All when they could have spent that money (allegedly (if 5 figures) equal ALONE to at least 120% of their greatest known ANNUAL advertising budget since inception) on much, much more effective publicity. That kind of decision making and attitude isn't just indicative of inept management but goes way, way beyond that.
The conclusion is overwhelmingly evident. People performing their expected type of Messianic behaviors with other people's money and at other people's personal expense for the purpose of self-glorification and self-indulgent fantasizing. How anyone could justify this is beyond the scope of comprehension to anybody who has actually run and managed a small business using their own earned revenues to do so. All the above IMHO.
SBB
