Expo Holdings Inc. (EXPH)

[Jeremiah]

06/02/2010 @ 12:56PM

Date : 06/02/2010 @ 12:56PM
Source : Business Wire
Stock : Expo Holdings, Inc. (EXPH)
Quote : 0.0003 -0.0001 (-25.00%) @ 4:09PM

Expo Holdings, Inc. Provides Update and Limited Forecast
Expo Holding (PN) (USOTC:EXPH)


Expo Holdings, Inc. (Pinksheets: EXPH - News), provides the following update as well as a short term sales forecast.

The company is moving rapidly to fill orders related to the Builders Choice agreement. Approximately $260,000 in orders is at some stage of our operational process. Expected delivery of two small orders is scheduled for this week, with several larger orders expected next week. The company expects to complete most of these orders within 30 business days. Additional residential related orders are in house and scheduled for later dates. More residential related orders are expected in the same 30-business day period as the cycle of measurements, in-home presentations, confirmation of design, and selling opportunities continue.

Installation of our new spray booth is progressing and should be completed this week.

The company anticipates total company sales of two to three million dollars from now until August 31st. The company cautions shareholders that sales are a moving target and sales may move up into a shorter period or back into later months depending on our customers needs. This limited forecast is provided based on management’s best estimates.

No comment from me....