Expo Holdings Inc. (EXPH)

[Acc441]

The company is NOT a legit investment
It sells products at a net loss
It is swimming in debt yet 'loaned' the 2 principles $400K
UCC's on file have the entire company listed as collateral

It does recurring business with companies resulting in huge losses
It employs people and it's 2 principles live high on the hog

EXPH-the stock is a scam in every sense of the word.


The economy slowing and equipment failures are just 2 examples used by management to explain away a failing business. The fact that the company has survived is due to massive dilution plain and simple.

The company is nowhere near breakeven..and the one physical asset(The shaver street facility) was sold off and the end result is a rent factor going from roughly $5k p/month to a mind blowing $221k+ annual figure. This 'rent' is now circulated through Wilkes Holdings LLC which was an entity born the same time the facility was sold and owned /managed by JD BROWN.

Lowes is still on board and will remain on board as long as Expo is the lowest bidder...which of course leads to massive losses for Expo Holdings.

CIMA has plenty of competition and is a TWICE failed business formerly known as Builders Choice-which still owes the IRS over $120k in back taxes(Withholding tax for the most part). Cabinet manufacturers and installers are not endangered species in Wilkes County North Carolina.

Thanks to the company's lack of transparency we know very little regarding the insiders holdings.

hope this helps.