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Saturday, July 30, 2011 6:35:03 PM
JD's very own words:
8/30/2010- "The company has recently completed it's loan agreements and now owns outright 3 of it's forklifts, and ALL of it's other material handling equipment, including CONVEYERS."
however...in an apparent attempt to justify NOT repaying the company.....
more words of wisdom from JD:
7/25/2010- "Nor has Glenn Harrs and J. D. Brown been releieved from responsibility of loans OUTSTANDING by the company from banks,vendors, suppliers and Machinery Financiers."
I thought the COMPANY balance sheet was being cleaned up?
Regarding the 3 forklifts....if the company owns these "outright" why is an active UCC still on file showing three forklifts being covered by a finance statement?
Regarding all of it's other material handling equipment... if it is ALL paid off and company owned-OUTRIGHT...why does the same financing statement show the following?:
Altendorf F-45 Slider 3400 & ASSOCIATED ACCESSORIES- SN:0106154
Optimat BHC weeke & ASSOCIATED ACCESSORIES- SN:0250130800
EB Brandt Optimat KD55 & ASSOCIATED ACCESSORIES- SN:0261027804
Homag SE 6400 with RETURN- SN:0200081886
Mitsubishi forklift SN:AF3D00055
Caterpillar forklift SN:3AB01914
Toyota forklift SN:61830
As a follow up..the actual serial numbers are included...with this in mind...perhaps JD would like to answer a simple question:
Has the company sold or disposed of any of the equipment listed above?
If yes, ..on what date was the machinery sold?
Perhaps JD could enlighten shareholders regarding the creation of Wilkes Holdings LLC...and the "sale " of the land and buildings- 116 shaver street.
JD...given the companies declining sales at the time you sold the shaver street facility and land...why would you do such a thing? The end result was the company's rent went from $5100 per-month to nearly $20,000 per-month. Why did you do this?
Wilkes Holdings is located at 116 Shaver Street.
Has Wilkes Holdings, since it's birth, ever been issued a check, received compensation electronically or received payment in any way shape or form from either Expo Holdings or D&D Displays?
Pink Sheets...where failing private companies come to die.
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