Expo Holdings Inc. (EXPH)

[Santa Barbara Broker]

Am I to assume in the absense of any forthcoming evidence of the felony level allegations you have made concerning the "insider" manipulation of EXPH shares on the open market, that you are prepared to stand by and defend these allegations on their own merit? Is there any chance you could at least offer up the name of one of these Expo Holdings, Inc. "insiders" who has cocerced the several retail MMs involved in all recent sales of Expo's shares to sell them any and all available EXPH shares to the total exclusion of all other clients, brokers, etc? Any thoughts on what possible motivation was offered to talk these MMs into performing this alleged felony? I would also like to hear your theories on why these shares aren't simply being distributed to these "insiders" directly from the company considering the lack of commissions, a spread and any discounts that might be offered by EXPH greatly reducing their price and eliminating the possibility of fines and jail time. I am finding all this a bit hard to understand from a rational perspective. I, of course, do not agree with any of your allegations but I am always willing to entertain any ration theories on why JD Brown or anyone at Expo Holdings would agree to engage in any such irrational acts. IMHO.

SBB