InvestorsHub Logo
Followers 23
Posts 4070
Boards Moderated 0
Alias Born 12/03/2007

Re: Jeremiah post# 96476

Tuesday, 06/07/2011 6:40:11 AM

Tuesday, June 07, 2011 6:40:11 AM

Post# of 103340
Jerry, ask the real question which is "Who is Expo Holdings, Inc. using for their factor financing? There will never be any shortage of excuses to dismiss any past debt of Expo's over 2 days old as "ancient history". I believe they are still in debt, that debt is growing and they are using shareholder's equity to cure their inability to earn a profit or generate cash flow by throwing away 5% of every dime of revenue they get on factoring. Is BB&T being used for factoring now? Just out of curiosity...have you heard of Jay Shott from Diamondback Development, LLC (he was holding a $50K promissary note of Expo's at 35% annual interest 2008-2009)? Bite Back Products? All IMHO.