Replies to post #22320 on Expo Holdings Inc. (EXPH)

[goldstandard]

I think the last 2 posts here, life's and 5*'s addition are the best posts on here by far. That is unequivocally correct. Without an + in A/S, the pps will only rise, and could very well rise above XXXX's. Like I said b4, market forces will dictate the day. The only reason to + A/S would be to bring new investors or revenues(ie liquidation) into the fold. Both, imo, unnecessary. It has been stated that JD's intentions are 4 family, friends, the community, and long-term investors to prosper in his venture. The conversion by insiders who own huge blocks of restructed shares proves that. To raise a/s would b to hurt them, something he won't do. Down the road if the pps gets to an unimaginable level-which it could- then an + would make be in play, obviously not in the foreseable future. Again flippers and modest profit gainers sell to their folly. Great post guys.

[Superbee383]

I don't believe their shares are still restricted. JD, Glenn Harris, Karl Malone and whoever else had restricted shares, but I believe the restriction is off now. A restriction is only for a year on pinksheets (6 mo on OTCBB and higher). They may have MORE shares that are restricted, like the pfd shares that JD tfrrd to common, but not the original 300 million or so. Obviously they haven't sold, or we'd see the filed Rule 144 forms, but according to this post below, they were restricted in 2007, meaning that they were tradeable in 2008. And believe me, I am very impressed that they're holding them for much bigger and better than where we're sitting now, and hopefully for multi pennies and higher. Here's the post, followed by a little chart on Rule 144:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=27078652&txt2find=restricted