Expo Holdings Inc. (EXPH)

[mahatmapaul]

My God, the sleaze just keeps oozing and oozing. I'm going to love hearing the true believers spin this one!

So, on SB's linked-to page (businessweek.com), which is the bio of Michael J. Bongiovanni, we read the following:

"Board Members MEMBERSHIPS*
Former Chief Financial Officer and Director
China Digital Media Corp."

I googled "China Digital Media Corp", and one of the first hits is a PDF of an SEC proceeding against this company:

Administrative Proceeding: China Digital Media Corporation
www.sec.gov/litigation/admin/2011/34-63888.pdf

Here are excerpts:

"***

The Securities and Exchange Commission (“Commission”) deems it necessary and appropriate for the protection of investors that proceedings be, and hereby are, instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange Act”), against China Digital Media Corporation (“China Digital” or “Respondent”).

***
B. China Digital has failed to comply with Sections 10(b) and 13(a) of the Exchange Act and Rules 10b-5, 12b-20, 13a-1 and 13a-11 thereunder, while its common stock was registered with the Commission in that it made materially false and misleading statements in several 2005 public filings, including its 2005 Form 10-KSB and Forms 8-K, concerning the sale of securities by an officer and director, the description of the market for and trading range of its securities, and the offer and sale of its securities pursuant to Regulation E of the Exchange Act.

***"

Yes, I know. JD, Glenn et al. have not sold a single share! (This is probably true. They have sold many many millions of shares, not "a single share").