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rawrthis

03/24/10 2:05 AM

#66974 RE: venomen2002 #66973

Very nice.
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fourkids_9pets

03/24/10 8:13 AM

#66975 RE: venomen2002 #66973

nice analysis veno

it's interesting because the 7 shareholders
who collectively hold approx 800M EXPH shares
are easily id'd (with the exception of one)
who upon reading yesterday's comments by jd
i did ask a mutual acquaintance if it could
possibly be he .. and was told highly unlikely

so while i'm perplexed as to who this is (cause to
the best of my knowledge those 50M EXPH shares
aren't included in my tally) it will be interesting
to see what *if anything* comes to pass .. from this
latest offer .. remember it was just a week back that
JD wrote this:

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Additionally, it is important to point out, that all insider shares (Glenn Harrs, James Brown, Karl Malone) remain restricted, and no applications for removal of a restriction has been made or will be made in the foreseeable future. I will continue to serve in my position as a member of the board of directors. This transitional process, and this announcement, should be viewed as a positive event, as it is entirely undertaken for the benefit of our shareholders. As recently as today, I have received numerous offers for the entirety my holdings in the company, all of which I have declined. I continue to feel we are grossly undervalued."



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i too didn't forget this comment

"Originally, the company intended to raise funds privately."


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will be interesting to see what comes to pass ~ *if anything*

--
4kids
all jmo




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owgur

03/24/10 9:07 AM

#66977 RE: venomen2002 #66973

Great post and I agree except for one point. If it is a "common shareholder" wanting controlling interest I don't view this as a bad thing. This person would still have the wealth of "know how" working for the company in terms of making cabinets and displays. If that person has that deep a pocket then most likely they know how to make money and look at exph as worth the investment. You don't get to be rich by being stupid. So, if the person wanting controlling interest is transparent with our business, post financials on time, keeps the sales force moving the stock will take care of itself. JMO