Tuesday, June 21, 2011 1:57:58 PM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41290643
Santa Barbara Broker Share Tuesday, September 08, 2009 11:03:06 PM
Re: A deleted message Post # of 97222
"I had spoken with the bank earlier about the "line of credit" issue and while they will not discuss any details on their situation with an individual client, the bank is legitimate and they do provide genuine "lines of credit" to many start up businesses like EXPH. Their vetting process is extensive and EXPH would not have been able to secure such a line of credit unless they were 1) completely legitimate and growing their business or 2) pulling a con job with someone on the inside. I will go with the former and much more rational scenario in this particular instance, lol."
SBB
The company is moving forward..This is good news for shareholders of the company..Late May and early JUNE have come and gone and no new dilution has shown as per your post saying it would..recent visitors have seen the increased production and quality of work of the CIMA and etc cabinets..Looks like a great Summer ahead and an even better 2011...veno
6/1/2011 5:00:10 PM
May 2011 sales up over 95%
"The company completed approximately $38,700 in sales during May 2011 compared to approximately $19,500 in May 2010."
"These sales figures do not include approximately $60,000 in deposits received in May 2011 (for projects in process) as deposits are booked as liabilities until the orders are completed and the billing process is completed. In addition to the approximate $60,000 in deposits received in May, approximately $82,000 more in deposits have been received prior to May (which still remain booked as liabilities) for a total of approximately $142,000 in deposits for work in process. The company currently has approximately $29,000 in cash on hand, and expects to pay down its long term debt by $50,000 no later than June 3, 2011."
"The company has completed approximately $629,000 in sales during the first five months of 2011 compared to approximately $235,500 in sales for the same time period last year."
"The company continues to expect sales volatility for the balance of the year and also expects to be slightly profitable for the year as of the end of June."
"The company currently employs approximately 31 with 5 part-time members as part of this total."
"The company has raised funds via its stock in early 2011 as well as during 2010. The company anticipates no additional stock issuances now or in the foreseeable future and has no plans or considerations for a reverse stock split. Further, the company has no plans or considerations to take the company private."
"As always, shareholders are invited to visit our facility and view products in production."
To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..
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