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| Posts | 4070 |
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| Alias Born | 12/03/2007 |
Monday, September 19, 2011 11:51:03 PM
No new dilution in over seven months..
Exactly what part of "it would no longer make any difference if EXPH sold 100 billion shares tomorrow or none..." are you finding difficult to understand? Touting Expo Holdings, Inc. for not selling any new shares is like awarding Lake Tahoe the Nobel Peace Prize for Physics because it's filled with water. If they sold 2 billion shares tomorrow, they'd have ahhhh...hmmm, let's see...oh yeah ZERO money. And if they sold ZERO shares tomorrow they'd have, ahhh ZERO MONEY. Get it. Assuming the SEC hasn't prohibited them from selling shares, the IRS is presumably seizing all their liquid assets until the tax liens are paid. Then comes Wurth Wood. Then the State of NC probably. Then how about the shareholders getting their $400K back? Then Grammy Brown and Uncle Cletus and cousin Clem. These guys owe more money than the company is worth....making the company worth less than nothing. So even if by some miracle of gawd they could sneak the public common share sales by the IRS (which they couldn't...trust me

