Expo Holdings Inc. (EXPH)

[Acc441]

Absolutely SBB....once the principals-JD/Glenn/elledge were aware of ...or once they SHOULD have been aware of the delinquency any money derived from the sale of shares belongs to the IRS .. AND as of 8/2/2011...anyone buying shares via 504 exemption...directly from the company.... will be out the money paid to JD/Expo ...and they would most certainly be out the shares as well.....the shares would be considered an asset purchased AFTER the publication of a tax lien. JD needs to settle the Tax issue head on NOW.....or pull the plug on D&D Displays.


What happens next? And when will the IRS say enough is enough? Gosh....for a time-line we need look no further than the recent example of BUILDERS CHOICE CABINETS ...if the issue is not resolved SOON...not JD-speak SOON....real-world SOON....and if additional 941 and or 940 tax delinquencies are assessed against D&D Displays for the quarter ended 6/30/2011......this will be the final chapter.... IMO that chapter is being penned as I type.


You are...as usual correct...this is not about shorting...cellar or shadow boxing....it's about potential criminal charges based on the actions of JD Brown and Glenn Harrs.....three things took place during and shortly after the first quarter of 2010....1) JD and Company committed the act of willful failure to remit 941 taxes to the United States Government...taxes that were deducted from the paychecks of hardworking Americans....representing money that did NOT BELONG to JD BROWN.....money that did NOT BELONG TO GLENN HARRS ... money that did NOT BELONG TO MR. ELLEDGE....no officer director working at or for D&D Displays had the right nor do they now have the right to pick and choose where this MONEY is spent... this money is the property of the U.S. Government...end of story.

2) JD BROWN announced he was stepping down as CEO....if JD believes for 1 minute that the IRS will read his resignation PR and say to themselves..."No need to talk to JD about the theft of taxpayer funds...he resigned"......then he has another thing coming.

3) Glenn- 'the handiman' - Harrs opted to start another business. Coincidence? I don't think so....the 2 wizards of wilkesboro knew back in early 2010 that the scam was running on fumes...and would be shut down....it was simply a matter of ...the IRS ...or the SEC....which agency would act first?


And for those "*patiently* awaiting word from mgmt" on the tax issue.....realize this: JD,Glenn and more than likely ELLEDGE have all known of the DELINQUENCY for well over a YEAR and yet... nary a peep. anyone still claiming this mgmt team is remarkably *transparent* ? anyone out there still recommending a *3-5* year hold startegy ?