Expo Holdings Inc. (EXPH)

[Acc441]

Jeremiah....hope this helps(I don't have PM feature.


if a company announced the retirement of 300 million shares:

1- would the float increase-decrease?

it depends:

the float would show a decrease equal to the number of unrestricted common shares purchased on the open market and then retired....the float would remain unchanged if the entire 300 million shares were restricted... however..if the company was also diluting during the same time period the float could actually grow.. by the number of shares diluted....the net result to the float depends upon the number of unrestricted common shares retired versus the number of shares being diluted ..


2- would O/S increase or decrease?


the O/S would show a decrease 300 million shares... however.. if the company was also diluting during the same time period the O/S could actually grow by the number of shares diluted.

3- would the number of issued increase or decrease?

again...it would decrease by 300 million ..however if company was diluting during this time any additional shares would add to the Issued.

"retired" shares are returned to the treasury and can be re-issued.

as for expo holdings form d(506 & 504) filing info;

http://www.formds.com/issuers/expo-holdings-inc

as for preferred share conversion to common ratio:

Filed in Nevada- entitled-DESIGNATION- document# 20070748641-59

File date 11/1/2007 - filed the same date that the preferred shares(50 million) were...*er*...created.

this should shed some light on JD's decision to HIDE float information ....