ANOTHER EXCELLENT POST BY SEABISCUIT...
Lowes would need absolute assurance that Expo Holdings has the ability to meet ALL contractual obligations on time , and for ALL 1600 Lowes facilities . Lowes would also need absolute assurance that Expo Holdings has the money liquidity and verifiable loans ( Wachovia and S.C.Bank ) & line of credit
( Crestmark Bank ) to provide the contracted cabinetry without running out of money to do so . Lowes would absolutely need letters of confirmation from Wachovia , Southern Community Bank and Crestmatrk Bank that their loans with Expo Holdings are in good standing and that there will be no interruption to Expo's cash advances .
Lowes would also need absolute assurances that EXPO is at ZERO risk of insolvency and that EXPO is viable in ALL respects .
Lowes would NOT risk an unfilled contract with ANY company or supplier . Lowes didn't get to be a $30 billion dollar ( market cap ) company by making poor corporate decisions . No-siree-BOB , Lowes got to be a $30 billion company by absolutely ensuring their contractors and suppliers NEVER run out of stock or the means to speedily fulfil their contracts .
EXPO's legitimacy is the company's product-line and ability to produce / manufacture those products to the exacting stipulations of their contracts with Lowes , Stanley Tool , etc .
EXPO's viability is the company's financial ability to fulfil
their contracts .
When message board due diligence is limited to the rightful skepticisms reserved for most fully reporting ( and toxically diluting ) OTCBB's and the typical , serial diluting OTC stocks then readers must look for third party sources of due diligence which are most often as elusive as finding the Lost Ark of the Covenant .
Lowes , Stanley Tool , Home Depot , Newell-Rubbermaid , Bosch ,
Kronotex , Black & Decker , Westinghouse , ( likely ) WalMart , Wachovia / S.C.B. / Crestmark Banks are those third party confirmations , and those Industry Leader giants conducted their due diligence on Expoo Holdings on the legitimacy and viability of the company .
Somehow , and miraculously , EXPH's status on Pink Sheets , EXPH's share structure , and message board opinions don't seem to be even infinitesimally relevant to those Industry Leaders . They don't care about the stock . They only care that EXPO can and will fulfil their contractual commitments .
Those giants would simply NOT make a mistake with Expo Holdings . Their Articles of Incorporation and Internal Controls would prevent them from making any frivolous mistakes .
See ......simple .
Renee
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