Xponential Inc (fka XPOI)

[mrpanick]

Not much to post about until we get some more financials or news. Looks to me like they are probably going to release the Q3 report for March together with the June fiscal year 2011 results.

The auditors letter from the fiscal 2010 annual report ending in June 2010 was dated 11/29/2010. Based on this we should get new financials in a couple of months at which point there will be alot to talk about.

I'll be looking for several things in the new financials:

- Did the company manage to report it's first profitable fiscal year in many years? It should be very close.

- Improvements in liquidity due to recent CPFH transaction. Availability on bank lines of credit. Increases in Pawn mart working capital (i.e. pawn loans and increased inventory) usings up some liquidity while increasing earnings potential.

- Were improvements in earnings and liquidity enough for auditors to remove the substantial doubt opinion.

- Any statements by management on plans for dealing with pref deferred interest (i.e. plans to refinance debt based on increased cash flow from Pawn Mart or sell remaining CPFH stake).

Only speculation though until we see some more financials.