I will try...if I make a mistake...please tell me because I want the facts to be straight...
1 Billion authorized and no increase is expected.
977 million outstanding and the final shares will be enough to satisfy the need for capital, if they need to sell them (this answer came from JD in response to a direct question asking about the final shares.)
Pinksheets.com and financials will be updated soon...money has been paid and JD is waiting for pinksheets to do the work.
Losses in 2008, but there were also 275 thousand in write offs which helped with this...as did the financial meltdown of the world economy
This I am not sure...did he say that the first quarter saw a gross profit of 150 thousand?!?!
W and L contract updates are expected within the next two weeks. He is not making promises or anything like that...but he feels confident that they are "VERY, VERY competitive bids"
Moving into education and government work
Gave examples of orders that they have received!!!
Education...?! Maryland University?! - 35K The name of the university is not clear, but the number is!
East Coast Merchandising - 20K
Harris Teeter - 90K
Kronotex - 12K
Pratt - 50K...200K worth has already shipped and they are working on another order.
Soutern Candle acquisition is a possibility sometime in the future, and it will be done creatively and most likely not with shares.
Southern Candle is a LARGE shareholder in EXPH!!!
Float wasn't stated but the T/A will be ungagged soon.
Gross margins of 30 - 35%
Net margins of 8 - 10%
They have the capacity to handle LARGE orders, but need a ramping up period of possibly 90 days.
4/5 salaried employees and just over 20 total employees.
Facilities are all leased...AND the lease holder opted to take shares instead of cash!!!!
He wants, and stated, that he is committed to building back shareholder value.
This is most of what I got...please correct me if I am wrong and feel free to copy and paste as you so please.
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