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Iris_F

07/13/10 2:11 PM

#74879 RE: Santa Barbara Broker #74876

SBB, as has been pointed out earlier not ALL buildings are EXPO related. Does anyone know if any of the buildings are sublet?
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ThePennyGuru

07/13/10 4:25 PM

#74899 RE: Santa Barbara Broker #74876

SBB- Look at the pictures I posted. EXPH has the big building and the equipment that goes inside. Well over $1 million worth of equipment. It "appears" to me like a lot of revenues being generated by a "legitimate" company.


Of course when you are paying for them with your shareholder's equity, such liabilities are not a concern to management. Now if you were running a scam, leasing these huge buildings to maintain the appearance of being "impressive" and "legitimate" (much like the embellished content of their PRs) would be tantamount in attracting and retaining investors. [/i