Expo Holdings Inc. (EXPH)

[Santa Barbara Broker]

again i can only speak for myself .. but i'm constantly evaluating (analysis) based on consistent and ongoing DD

Ongoing due dilligence which relies on the word of a practicing and proven prevaricator (JD Brown to be specific, Expo Holdings, Inc in general) is hardly due diligence. It is ongoing self-reinforcement of misleading information clearly intended to promote stock sales in a company based on deviously worded forward looking statements. The very type of misleading statements that may well have prompted a purchase of said stock in the first place. True due diligence is that information that is gathered, vetted and used to determine prior to a purchase or sale or before a contract or binding agreement is signed that the proposed terms and valuations associated with same are legitimate and able to be proven beyond any reasonable doubt to all party's satisfactions. What occurs after the purchase of say, EXPH stock in this particular example, is continuing research. The ongoing gathering of financials, news, factual references and other preferably unbiased information generally accepted as not able to be manipulated. The component of information utilized from a public company such as Expo should not rely on the company itself to the exclusion of common sense and what happens before one's very eyes. Clearly not when it is known that "clarity" shall be made available only at that public company's own convenience and on their own terms. I have yet to see a shred of circumstantial evidence that Expo Holdings will ever release any information that contributes in the slightest manner toward "clarity". I would be suspect as to the veracity of any information they release that is archived and on the public record not falling under the jurisdiction of the SEC or a federal/state government regulatory agency with stiff penalties and fines for perjury. I also think it goes without saying that any opinion derived from a source proven to have misled or lied in the past is largely useless in any financial decision. Thereby rendering any information on Expo Holdings formulated from "facts" obtained from them or those at their direction, inherently false and/or misleading. Not only from the viewpoint of research or "DD" but also as to any "opinion" that might be derived and forthcoming from said info. IMHO.

SBB