Expo Holdings Inc. (EXPH)

[Santa Barbara Broker]

So following that logic, if the balance sheet never gets stronger, they will never announce the new CEO. I see. Or should we apply this "logic". The dreaded router was down for six weeks. All things being equal, that means at the very most, the balance sheet will be six weeks delayed in being immensely "stronger". The date for that phenominal recovery originally having been January 1, 2011, it would now presumably be on or before February 15, 2011 that the mystery CEO is named? Or does following the natural progression of EXPH's misleading crap PRs make too much sense? Of course if 2-15-11 arrives and departs with no CEO, you can always say "Yeah, BUT, the router cost money too so, ahhh, the delay for a perfectly strengthened balance sheet is probably twelve weeks after the fact not six". Thereby buying another six weeks of false hope. I will bet that the CEO naming (which was most likely delayed not due to any router but from the prospective CEO, faced with an exposed scam, saying "I'm outta here...") could well be named as early as February 15th though. Not because it will be timed with any imaginary "balanced bottom line", but because it will be almost time to announce a reverse split somewhere between 3-1-2011 and 4-15-2011. And the CEO will need to have been "named" long enough to take that unpleasant task off of JD Brown's shoulders.

Then again, it might be that absolutely no one could be found willing to take the job. I am certain having no cash to sweeten the pot and shares being essentially worthless it won't be any easier bringing in a new candidate if that is the case. Meaning your "new" CEO might end up being JD Brown or Glen Harrs...oh yes...just as an "interim" measure until a new candidate with no idea what they are getting themselves into can be suckered...er ahh, "found". IMHO.

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