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Tuesday, June 07, 2011 8:13:00 AM
What's your point?
Simple...Expo Holding's management prevaricates and misleads on a regular basis. It is nearly impossible to comprehend them stumbling across the enormous quantity of "reasons" they would have needed to explain away the dozens of times they have PR'd an event and failed to consumate it or, in some cases, ever even discuss it again. Expo Holdings did not initiate the dilution in the fall of 2010 because of the router failure. The router failure presented itself as an excuse and they took it. That dilution, like the dilution headed your way this time around while it is being vehemetly denied was always planned, IMHO. I don't know how many "impossible to amend a material event filing on the NVSOS site", "death of a company CEO voids 100% of all outstanding and pending contractual matters" and "single part of a single piece of equipment needing all of it's parts custom manufactured in Germany shut down our plant cold for six weeks and we never even considered a back up plan for a second" stories you have to hear from this company before these "reasons" start to smell like five day old unrefrigerated fish. All IMHO.
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