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Re: Santa Barbara Broker post# 98386

Saturday, 07/16/2011 3:29:46 PM

Saturday, July 16, 2011 3:29:46 PM

Post# of 103340
The majority of shares are being held tight..

Proof?? Check the volume daily..Only wash trades..insiders and longs sucking up shares on the bid and a few traders trying to make a buck and not succeeding..

The filing was done on 2/01/11..many called and were told that the header was in error..subsequent calls made to the company and regulatory agencies about fixing the error resulted in the same answer..No filing could correct the header error..regardless of what you post..The company then responded to the public..

2/10/2011 10:47:52 AM

"Many inquiries have been made regarding a potential reverse split of the company’s common stock. There is no reverse split planned or under consideration at this time. Further, the company has not planned and has no intention to take the company private."

The filing may say stock split..but the body of the filing says nothing of the sort and only talks about the amended AS..which is why investors called for clarification before making decisions to sell or hold..

and like I posted..the rest is.."irrelevant"

The facts remain..there has been no RS since that filing..However I do expect that in the distant future we will see a filing with stock split as the header and the body of that filing will give the details as it should..

Edit..or the company can always buy back shares as one poster said..if cash on hand grows enough to do so..

That late May and Early June have come and gone with no new dilution and that the company has had enough cash on hand to pay down a bank debt by $50K..

That said..I am an investor in the company and like the facts that the company has needed no new dilution going on a half a year now..That the company is paying down debt with cash proceeds from sales and that LOWES continues be associated with EXPO..regardless of what is posted in this venue...veno



To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..