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99leadballoons

06/02/10 11:15 PM

#72115 RE: ThePennyGuru #72105

The company is worth 3 times that much in equipment alone.

This is such a false statement. The "value" is spoken for by the people/companies that Expo owes gobs of money to.

That equipment is worthless based on UCC filings.

They still owe the guy they bought bite back from 100k for cripes sake.
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Iris_F

06/02/10 11:23 PM

#72116 RE: ThePennyGuru #72105

EVERYONE in their right mind knows dilution has taken place BIG TIME and I see no benefit in posters saying it hasn't just to deceive newcomers, or, the naive, that may buy on impulse before extensive DD. Your idea that EXPH is worth 3 times what it is on equipment value alone is poppycock! Show the numbers that support that! Show the debt, show the operating expenses, show all the liabilities and leasehold obligations and THEN show me what the company is worth?! Funny thing about what ISN'T included in all this conjectured hogwash is the REAL BOTTOM LINE!! Ohhhhh, I guess the true story could be unvelied by filing audited financials but THAT would just be inconvenient?! Ohhhhh?! Now what's the cost of transparency <<< maybe a little more than they want or can afford at this point?! LOL! AIMHO