Friday, April 08, 2011 9:08:59 PM
Expo stayed alive by fleecing unsuspecting buyers of their now nearly worthless shares through MASSIVE dilution plain and simple.
No veno.....Expo is not operating at break even right now.
The noise around mayberry...*er*.... North Wilkesboro... is that JD and Glen have FINALLY, upon...*ahem*....some rather DIRECT and forceful urging, begun to pay the company back the hundreds of thousands of dollars they looted from the till in the form of...*er*....'loans'. Read the latest PR....." $188K is CURRENTLY OWED TO THE COMPANY....:0...."
With 44k cash on hand JD and Glenn will have to continue to pay their 'loans' back to the company or you will see another boost in the A/S.......you do realize JD and company utilize a factoring company....right? So that means the bulk of the 1st Q revenue is already COLLECTED(less the factoring expense of course) and SPENT....and this weeks payroll comes out of the 44k on hand........BRUTAL outlook indeed.....maybe Glen can re-open his ebay store ....or of course he could simply ask the 'banker-lady' for a loan....oops....she's no longer employed by the Bank..right? LOL
Hope this helps out veno....keep up the good work.
Pink Sheets...where failing private companies come to die.
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM