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Re: Santa Barbara Broker post# 99520

Monday, 08/08/2011 11:43:20 AM

Monday, August 08, 2011 11:43:20 AM

Post# of 103340
( Former? ) CEO JDB is brazen and arrogant. His biggest mistake was / is thinking that everyone else is stupid, people who would believe his lies and handshakes.

I wonder what horse-hooie story he told the IRS to blame his non-payment of deducted payroll taxes on everyone else.

The jig is up for JDB because the taxman has been the most powerful force on Earth since the times of Caesar. The IRS will get their money.

EXPO is a public company so the IRS will most likely confer with the SEC to see if there are any other sources of revenues or monies from stock sales that EXPO hasn't reported to the IRS.

And then the SEC will likely take a close look at ALL of the insiders' holdings going back to the 2009 extreme pump and the strong liklihood that insiders sold vast amounts of their collective 800+ million shares on false and misleading press releases. The IRS would definitely want to know if the EXPO insiders sold their shares for combined returns of $8 million to $24 million that were not only illegally obtained gains ( the SEC's job to determine ) but taxable monies that would have been denied the IRS.

This company and its insiders are in a pile of trouble.

Aggrieved shareholders can hope and trust that JDB and his insider cronies experience greater pain than they inflicted on shareholders.



To bite the worm of incite is to bite the HOOK of the antagonist . They win .