You always hold my attention , Jerry , because you express yourself clearly and honestly . I like how to talk / write to other members , not at them ....one of your fine qualities . You are as real a person as is attainable in the cyber world .
I really want to believe JDB and to feel the same trust in the man that you do . I respect your reasonable reservations .
Most investors in OTCBB or OTC stocks have paid a price for believing in the spoken word of CEOs . And to support one of 4-Kids uber-correct criticisms even SEC reporting Securities have made deliberately false statements in Filings , even sworn Filings .
Who can anyone trust even when proper due diligence via SEC Filings turns sour ?
It always rests with the integrity of the persons running public companies , whether those companies are on the National Exchanges or the OTC Pink Sheets . The regulatory system(s) are
reactive to the skulduggeries and unfortunately the Regulators move slower than thalidomide Snails , so the damage to the public has already been inflicted by the time they investigate .
JDB reached out to everyone as a man who wanted to be trusted . He was accessible to all , but then the disparities began to appear from what JDB said and promised to what he delivered .
On the assumption that most EXPH holders have been severely burned in the past by other OTCBB and OTC stocks it was a great relief to finally find a CEO who seemed honest and trustworthy . JDB seemed like an evangelist of truth and integrity compared to all the other heathen CEOs . I clearly remember grandstanding that LOWES , Bosch , Newell Rubbermaid , Stanley Tool , and other Blue Chip Companies trusted the man to competently fulfil his contractual obligations , and their validation was the strongest possible .
Sensible people began to question why JDB could not or would not prove those extremely impressive contract deals with Lowes and the other Industry Leaders that he touted in numerous press releases .
Those same sensible people could not fathom JDB's feeble excuses to why he could not or would not put the financial results of those deals with Lowes , etcetera , into Financials . Another glaring disparity , because formally recording income from Lowes alone would not only have sustained the market cap of EXPH at the highest valuation but EXPH would have been a desired investment by the multitudes who have lost on so many other OTCBB's and OTC's .
Then even more disparities kept appearing to the point of contradictions . The placated became the implacable as the chorus of discontent swelled .
The man , JDB , who had appeared to be different than ALL the other CEOs on the OTCBB and OTC had and has behaved exactly the same as all those other CEOs ....ie , promise the moon and deliver an outhouse , and then make excuses , and then blame shareholders .
JDB shook your hand and looked you straight in the eye and said the insiders have not sold their shares . That is just one of the apparent disparities that needs to be resolved . There are significant other disparities that need to be reconciled .
I so very much hope your perceptions are correct , Jerry , for the sake of investors who have also trusted the man . There won't be any contagion if you are not correct because in ALL instances it is incumbent on every CEO to be 100 % responsible and accountable for the performance of the trading equity . And that applies to whomever is the EXPH CEO regardless to whoever is pulling the strings .
I thoroughly appreciate your post !!
Renee
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