Expo Holdings Inc. (EXPH)

[Jeremiah]

Informing the company of planned forthcoming legal proceedings accomplishes more than one issue.


Companies that have prior knowledge as to threatened and/or planned lawsuits are effectively road blocked from future reverse merger undertakings. The SEC Information and Disclosure Statement, Pursuant to Rule 15c2-11(a)(5) specifically asks that question from any company filing to reverse merge.

I believe they might be prohibited from taking this company private as well, until matters of this nature are resolved.