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Santa Barbara Broker

01/17/11 12:27 PM

#88757 RE: fourkids_9pets #88756

again i can only speak for myself .. but i'm constantly evaluating (analysis) based on consistent and ongoing DD


Ongoing due dilligence which relies on the word of a practicing and proven prevaricator (JD Brown to be specific, Expo Holdings, Inc in general) is hardly due diligence. It is ongoing self-reinforcement of misleading information clearly intended to promote stock sales in a company based on deviously worded forward looking statements. The very type of misleading statements that may well have prompted a purchase of said stock in the first place. True due diligence is that information that is gathered, vetted and used to determine prior to a purchase or sale or before a contract or binding agreement is signed that the proposed terms and valuations associated with same are legitimate and able to be proven beyond any reasonable doubt to all party's satisfactions. What occurs after the purchase of say, EXPH stock in this particular example, is continuing research. The ongoing gathering of financials, news, factual references and other preferably unbiased information generally accepted as not able to be manipulated. The component of information utilized from a public company such as Expo should not rely on the company itself to the exclusion of common sense and what happens before one's very eyes. Clearly not when it is known that "clarity" shall be made available only at that public company's own convenience and on their own terms. I have yet to see a shred of circumstantial evidence that Expo Holdings will ever release any information that contributes in the slightest manner toward "clarity". I would be suspect as to the veracity of any information they release that is archived and on the public record not falling under the jurisdiction of the SEC or a federal/state government regulatory agency with stiff penalties and fines for perjury. I also think it goes without saying that any opinion derived from a source proven to have misled or lied in the past is largely useless in any financial decision. Thereby rendering any information on Expo Holdings formulated from "facts" obtained from them or those at their direction, inherently false and/or misleading. Not only from the viewpoint of research or "DD" but also as to any "opinion" that might be derived and forthcoming from said info. IMHO.

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sburlria

01/17/11 12:56 PM

#88761 RE: fourkids_9pets #88756

"Constantly evaluating"
with "zero interest.. in changing mindsets"

yep, lets think of some more!

Just call JD if you want to know something, except he's been on the road for months selling expo products.
They are busy 24/7 over at expo plywood and doghouses, yet they have little income and no new business.
They have "launched" CIMA and ETC lines, but they aren't available to anyone.
They will be available in October, but they won't.
We have 100 retailers lined up, but we don't.
We won't be diluting shares, except for when we do, which will be constantly.
The principals largely responsible for this scam will be stepping down, but they have zero interest in doing that so they won't.
We have a new CEO that will join us Jan 1, ummm, actually we don't.
Ahem, our "Milestone project", blah blah blah.