Jerry...while I have no concrete proof of this, I think it became obvious a good while back that the T/A for EXPH is partially gagged. You asked a valid question about EXPH share dispersion that I believe EXPH management has determined would serve little but to lead to another half dozen valid questions. Which if answered would lead exponentially to another dozen and so on...the results if truth be known a massive disaster for JD Brown. In addition, IMHO the insane premise that these shares are being bought up and tightly held by zealous insiders would disappear in puff of smoke....the very second the info you requested was made known. It would also likely lay open to the light that insiders have sold common shares and that would lead to overwhelming evidence the company is (as I suspect) in serious trouble financially, out of operating capital and relying on share sales almost exclusively to keep the doors open. No, I have no concrete proof of this but in such situations it only makes sense to look for one explanation that answers all questions. And Expo Holdings, Inc. being broke, desperate and facing serious repercussions from their shareholders if the truth comes out is the only answer that performs satisfactorily. The situation that got them into their current dilemma is JD Brown's greed, naiveté and endless belief he could just dilute the company until better times arrived and then "make up" for things later. Well, share sales can't cancel out incompetence and indifference to reality...not forever. And "ever" has arrived.
You will never get a satisfactory answer to your question. Right now Brown has finally realized that if he continues misleading in documented form, he is just digging his grave deeper with each PR. So he has clamed up...gone silent. His CEO electee may well have got cold feet and backed away. EXPH may have even received inquires as to what is going on from sources that can't be lied to or misled. Once again, I am speculating here, but assuming the picture I am painting would be true, everything, everything fits neatly. Everything then makes sense. No clandestine James Bond scenarios are necessary. No secret overthrow plots required. No constantly changing, ever adjusting, rambling excuses designed to prolong denial and inject a glimmer of hope where common sense dictates none should exist. Just the natural progression of greed and dilution destroying a small company run by the naive and foolish who sought to foist their financial problems off on the backs of others. Arrogant, self righteous wannabes who thought they knew best and there actually was a free lunch and a management team that is about to discover the consequences of what happens when the 800 pound gorilla shows up with the dinner tab. That is what is very likely happening here. That is most likely why you can't get logical answers to your valid questions. All IMHO.
SBB