Replies to post #67740 on Expo Holdings Inc. (EXPH)

[Stock_Barber]

"Crestmark moved very quickly to approve this customer's credit"

Just so everyone understands... This is clearly invoice factoring based on the customer's creditworthiness, not EXPH's. However, as I read this, it sounds to me like this is just saying that they got approval to included "this" customer under the existing factoring agreement... Anyone read it differently?

Also, I do not see that there was an increase (yet) as was in the previous news... "The company will seek increased credit from Crestmark bank to support this project."

[mike306oh]

Some very good news, finally! Go EXPH, go! EOM

Mike

[Braden32601]

Like these points yesterday >> "This project, provided no additional delays are encountered, will most likely be the largest scale and sales volume project in the company's history. Since this project is multi-year in nature, shareholders should not expect swift completion of this project.

Crestmark Bank has now approved a credit facility for this specific customer. Having access to this credit line for this specific customer will allow the company greater flexibility. Crestmark moved very quickly to approve this customer's credit."


LARGEST POTENTIAL PROJECT & CRESTMARK BANK (NON-TOXIC)--Double dose of great news!!