Replies to post #15955 on Expo Holdings Inc. (EXPH)

[Pele]

That is not necessarily true.

As a civil engineer in the Air Force, I Supervise the Service Contract division of our squadron. Granted there is not a huge demand on Air Force bases in one demographic to receive shelving or cabinets but there could be a market for some Government agencies. I would see many Gov't needs to be a "One time Service Contract". Pretty much saying that they would outfit a building or series of buildings 1 time and get that contract put together.

Depending on how many other companies bid on these types of projects and who has the lowest bid, it is possible they could land a number of small service contracts or a large outfit of an entire base. https://www.fbo.gov/ shows all government needed work which any company can bid on regardless of audited financials.


Pele

[Han2004fl]

It's not neccesary the case that you have to have audited finance to win/bid for a government contract. Some some small private companies don't and they win contracts all the time.

Also look at companies with audited financials. I have been in many companies on NYSE and NASDAQ where stocks were trading at 20 to 60$ a share. Their financial were cook. Basically these days you can't trust anyone, not even companies on NYSE. Look at banking sector.

To get a bit out of this stimulus money, JD has to dance around with the local officials. I am sure he will try to dance well with them since he doesn't want to lose the company and friends/families' money neither.

From the way I see it, I do think EXPH should be traded at least .02 to .03 range to start with.

Take a look at some OTC out there with billions of shares and runing big red each quarter ... yet they are traded in .01 to .10 because of the "possibility" of making a big hit in the future (talking about mining companies).

I wish I had more free cash to buy more shares of EXPH.