Expo Holdings Inc. (EXPH)

[Santa Barbara Broker]

the cnc router went down in early october 2010 resulting in 6 weeks where *product* wasn't produced let alone shipped out the door .. to say nothing of those items not generating bills and revs

Excuse me but I believe there was never any information offered to back up that statement. To the contrary, if memory serves Expo Holdings was "operating at a reduced capacity". An pace left open to wild speculation considering the unethical and misleading information frequently forthcoming from JD Brown and company. I am curious where you obtained your "facts" as to no product being produced or shipped for six entire weeks?

11/15/2010 3:55:41 PM

The company continues to operate at a reduced capacity due to the earlier failure of the company’s heavy router. The company anticipates the router will be back in service this week, however, shareholders are cautioned that this is a tentative time frame and it is subject to change based on testing at the factory conducting the re-build.

11/8/2010 2:49:30 PM

The company continues to operate at a much reduced pace without a critical piece of heavy equipment. The failure of the company’s heavy router has caused severe financial strain, along with shipment delays. It has resulted in layoffs, with continued layoffs expected until the equipment is repaired. It is expected the repair will occur in the next several weeks. Due to the highly specialized nature of the equipment the repair has taken much longer than originally expected.

The company has raised funds using its equity due to this failure. The company has also filed a claim with our insurance company, and as of yet have received neither a positive or negative response from them.

Shareholders should expect delays, sales disruptions, and order cancellations as a result of this failure.

The company expects a quick ramp up of production once the router is repaired and operating efficiently.

It is unlikely that the "router" was anything but an obvious excuse to raise six weeks of supplemental operating capital ($75K) through dilution in order to maintain the rental on the facility. Am I to assume that the clandestine, untrackable short traders are somehow to blame for this oversight in reality as well? IMHO.

SBB