Expo Holdings Inc. (EXPH)

[Acc441]

SBB...here's the $127,139.77 Question...


JD announced he was stepping down from the company's highest held position....did this *decision* have anything to do with the following?:


"NOTICE OF FEDERAL TAX LIEN"


"As provided by sections 6321, 6322, and 6323 of the Internal Revenue Code, we are giving a notice that TAXES(including interest and penalties) have been assessed against the following- named taxpayer. WE HAVE MADE A DEMAND FOR PAYMENT OF THIS LIABILITY, BUT IT REMAINS UNPAID. THEREFORE, THERE IS A LIEN IN FAVOR OF THE UNITED STATES ON ALL PROPERTY AND RIGHTS TO PROPERTY BELONGING TO THIS TAXPAYER FOR THE AMOUNT OF THESE TAXES, AND ADDITIONAL PENALTIES, INTEREST, AND COSTS THAT MAY ACCRUE."



Name of Taxpayer(s)

D & D Displays, Inc.

Residence: PO Box 1809 North Wilkesboro,NC 28659

Kind of Tax-941 Tax period ended- 3/31/2010- amount $2,035.14
Kind of Tax-941 Tax Period ended- 9/30/2010- amount $46,065.82
Kind of Tax-941 Tax period ended-12/31/2010- amount $46,562.16

Kind of Tax-941 Tax period ended- 3/31/2011- amount $32,476.65


according to my calculations:

grand total- $127,139.77

Perhaps this will put an end to the "Company is operating at break-even"......and the "company is remarkably transparent" CRAP.....Brutal!

http://www.secretary.state.nc.us/taxliens/Taxlien.aspx?EventLogId=19777626