I'm confused by parts of your email. I am making the following assumptions:
1) Assuming you are referring to the December 31, 2006 statement Labeled Note F-Related Party Transactions. The answer is yes. The company loaned approximately $72,921 (see page 4 labeled (increase)/decrease in Advances to shareholders). The loans from prior to 2006 are from when the company was owned privately. Please note as stated in Note F-Related Party Transactions from the Year Ended December 31, 2006 "Stockholders of the company received advances from the company during the year 2006. The outstanding advances receivable due from these stockholders as of December 31, 2006 totaled $375,911". The amount advanced by the public company during 2006 was approximately $72,921. The amount advanced to shareholders in the 5 or so years prior to the formation of Expo was approximately $302,990.
2) J.D. Brown & Glenn Harrs
3) Collateralization of loan and other various uses.
4) That is not currently public in nature, however, I will submit it for review for our new FAQ's section on our website.
5) To date the loan has not been repaid in full. Nor has Glenn Harrs and J.D. Brown been relieved from responsibility of loans outstanding by the company from banks, vendors, suppliers, and machinery financiers. Not sure what the end of question 5 means. The loan balance has not been disclosed, however, I will submit it for review for our new FAQ's section on our website.
6) a Mr. Hartley (employed formerly by Builders Choice) works here and heads up Cima Sales. He is not a public figure and holds no position as an officer or to my knowledge owns any shares.
Thank you for your interest in Expo Holdings, Inc.
Respectfully,
J.D. Brown Co-President
This email includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this email that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Pink sheet investments, including investment in Expo Holdings, Inc. are risky. You may lose some or all of your investment.
