Expo Holdings Inc. (EXPH)

[fourkids_9pets]

isn't it odd that it took the sec
approx one year to give a *CONSISTENT*
answer re: the subject of EXPH FTDS
that went MIA ~ *oddly* enough on july
30th 2009 .. when for 2 years and 1
month .. FTDS *SHOWED* with regularity
<june 2007 to july 30th 2009>

yet here we have a PENSON issue that was
fabricated by penson for zecco et al <just read
the *memo* below to trading direct>

that mgmt was *first* contacted about by an exph
shareholder who holds shares via his zecco acct

and then mgmt gets blamed .. that is beyond
the pale .. but beyond *revealing* .. yet again

let's note both statements made by mgmt
and then note what penson *stated* and
the list *provided* covering fully filing
co.s as well as unregistered co.s on the OTC
proving what utter liars *PENSON* truly is
re: this subject

oh and fyi .. i warned folks in sept 2009 about
co.s using PENSON to .. er .. clear ..
their *history* and *rep* .. precedes them

as i've said calls into the sec and finra while
time consuming and at times beyond *frustrating*
do yield *pay dirt* upon occasion

===

memo ~

Penson Discontinues Execution for Certain Non-DTCC Eligible Securities

Effective May 2, 2011, Penson Financial Services, Inc. ("Penson") (the clearing agent for Trading Direct) will discontinue execution through the managed (mngd) route for certain Non-DTCC eligible securities due to increasing pass-through costs. (The effected stocks are primarily all pink sheet stocks).

For various reasons, certain securities cannot be made DTCC-eligible or have had their eligibility revoked, usually due to operating or financial issues with the underlying company. As a result, the clearing of these physical positions can carry significant pass-through charges to settle the trade. Trades routinely carry with them the following pass-through charges: Execution Fee-$7.50, DTC Fee-$80.00, Deposit Fee-$75.00, and a New York Window Fee of $34.00. Additional pass-through fees from Transfer Agents ranging from $25.00 to $500.00 can also be associated with these securities that would increase the cost Penson passes through for clearing and execution. Please note that trades executed outside of Penson's MNGD'd route will also be subject to these fees for the clearance of these trades.

We intend to discontinue execution for the securities on the attached list (on a best-efforts basis). As Penson identifies additional securities that are Non-DTCC-eligible, they will bed added to the list and they will not be able to be traded through the MNGD route.

As more detailed information is made available from Penson regarding fee information for the effected securities, this memo and subsuquent stock list will be updated accordingly.

View the Non-DTCC eligible stock list. {pdf,154kb}

If you require additional information, please contact [e-mail].

Thank you,
Trading Direct.

==
that memo shows PENSON's *intent* and utter fabrication *TO SUIT*
their own *ISSUES* due to shares/certs held

here's the list of the co.s' *impacted* and noted on May 2nd 2011
it won't take more than a few minutes DD to ascertain PENSON's
total and utter BS

http://www.tradingdirect.com/Static/StandAlone/non_dtcc_list.pdf#zoom=80%

==

now here is what mgmt noted last week via website <shareholder> update

5/10/2011 3:37:11 PM

The company has been notified by its transfer agent that it is not "DTC Eligible". Recent inability of certain shareholders to buy and sell their shares through certain brokerage houses without incurring much higher fees has occurred. The company is in the process of engaging a securities attorney to assist it in moving through the eligibility process. At this time, the company has no projected time frame for completion and has not received specific information from the DTC required to meet the eligibility requirements. The company will update shareholders further as soon as information is available.

5/16/2011 3:26:37 PM

The company (via it’s transfer agent) has now been notified that EXPH is DTC eligible. This information came from a DTC representative. The company’s transfer agent is pursuing additional information (from the DTC) since it is contradictory to earlier information received. Additional shareholder updates regarding this subject should be expected.

==
the *sequence* and time frame re: this BS is clearly shown and known
i find it amusing mgmt gets slammed for this crap and the SEC couldn't
articulate for a damn year re: FTDS MIA

more tellingly .. i'm so sick of a system so toxic as to make
a dump look clean .. it's why as long as i'm an expo shareholder
i will continue to ask mgmt to take expo holdings private

while i see *glimmers* of change and enforcement stepped up due
to other aspects .. it's clear to me becoming a fully filing co.
<again basic dd on that penson supplied list shows what is what>

won't change what is endemic <manipulation to suit> within the OTC

==
4kids
all jmo