InvestorsHub Logo
icon url

Santa Barbara Broker

08/31/10 2:49 PM

#80110 RE: fourkids_9pets #80108

The entire logistic matter of getting EXPH's completed financials posted now, it turns out, takes 2-3 days and it's good news? I seem to remember 2-3 weeks back reading a post following one of the "stacked plywood and shiny machine tours" that Brown said the financials were "current" and they should be ready to go tomorrow or in two weeks or more he wasn't sure. I took it to mean at the time, that the accountant's work had been completed. As a disclaimer, that is a loose paraphrase of the actual post which I am not going to look up.

Now it appears the things just sat around collecting dust on somebody's desk and were overlooked until someone brought it to management's attention? And that is "good" as decided by those "familiar with the process"? And it "fits in" with what they had been told about the financials being available and the stop sign removed "on or before September 1st" back in June?

If the EXPH CEO issued a PR that the company was tripling managerial salaries and would be unable to furfill current orders due to the necessity of transferring their allocated production capital to cover the increased G&A expenses, would the appropriate response be "That is good news...GREAT news indeed. We need happy management a lot more than gross revenues and profits. After all, historically the company has always lost a ton of money and has done fine. I see this as a huge step forward in EXPH achieving their future goals."? IMHO.

SBB
icon url

TRUMPSTER!

08/31/10 3:00 PM

#80112 RE: fourkids_9pets #80108

Thanks 4K. Yes, this is great news. It's amazing how much good information you can get on EXPH by just picking up the phone. :)