Expo Holdings Inc. (EXPH)

[Santa Barbara Broker]

It was $4.36 "mil", based on a guarantee by JD Brown reportedly that Expo Holdings would without any doubt whatsoever "meet it's numbers" and earn a minimum of $6M in 2009. The promise was made in the middle of December 2009...the final month of the company's fiscal year. Or, based on their accrual accounting system and standard 30 day invoicing, a miss on earnings (the near exact sum total of which were known at that time) by 72.7%. Where I come from another word for that type of "forecast" is bald-faced lying by a CEO to a shareholder. Could be my "crowd's" a little "tougher" than yours...IMHO.