Replies to post #89051 on Expo Holdings Inc. (EXPH)

[Stock_Barber]

I believe that the new CEO is getting ready to take over very soon

I'd like to too... but it has been almost a year, and no CEO in sight. How do you hire a qualified CEO with no money and nearly worthless shares? I shudder to think of the qualifications of the individual that would take the reins under such circumstances.

I also believe that etc placement in the retail sector will result in a profitable company moving forward..

I think etc. is dead and buried. The provisional patent has apparently expired, another company apparently has a patent on the design, and no interested retailer has been found in over a year and a half.

I am a shareholder of record and I am not concerned.

I am also a SOR, and can't understand how losing virtually all of one's investment directly by the actions of management would not be concerning.

The only potential positives that I see is that if the debt is paid off, selling product at a loss ceases, headcount is trimmed, the current Keystone Kops running the company leave, and revenue can somehow be generated... the share price would appreciate.

[sburlria]

"very soon"
Oh yes, we all know about "very soon" with the sawdust doghouse boys.
And of course the rest of it must be discounted by the myriad of PRs that have no basis in truth whatsoever.
I believe the company is in worse financial shape than they were in September.
I believe the "CEO" blah blah blah is just that. No CEO besides the status quo.
I don't beleive expo is or ever will be profitable, nor will there be any further word from management about the etc line of cabinets because it is overwhelmingly clear no one wants them.
If anyone did want such a silly product, a much better company will find a way to produce and market and deliver them more effectively.
Like all these death spiral companies, the energy is expended figuring out how to bring in money without producing profits, and also how to con shareholders into thinking something IS that really ISN'T.
Not a formula for success. Game over.

[Santa Barbara Broker]

I could care less about AS increases and or resulting RS's if the company is on the verge of or is profitable

Isn't that quote a lot like saying "I don't care if EXPH's warehouse burns to the ground as long as their fire extinguishers are in good working order"? Companies that are on the "verge of or profitable" DON'T increase their O/S count 200% in a nine month period and then GET themselves into a position where a R/S is necessary.

How long until you realize what is happening here? EXPH is MISLEADING it's shareholders. The CEO was supposed to be named no later than a full 3 1/2 weeks ago. ETC's retailers were to be named BACK IN OCTOBER. These things very likely AREN'T going to happen or if they do it will not be under anything even closely akin to what you were originally promised. EXPH management MISLEADS. They make stuff up. They tell people what they want to hear so that false confidence is raised and people BUY SHARES that their PIPE funders are DUMPING. To even theorize that there is one investor holding 1.55 billion EXPH shares is ludicrous. The company isn't worth a tenth of what those shares would have cost to accumulate over time. Only an insane person would be doing such a thing with their money with the country in such a weak recovery and infinitely better investments literally everywhere. Nor are EXPH's shares being tightly held by insiders. The company is financially unstable and would have failed for certain if not for massive diltuion. INSIDERS are the only people who are certain of just how horrible things are...they are the LAST people on earth who would be holding EXPH's worthless paper, LOL. All the company has left are misleading information and wishful thinking. I have serious doubts that they are even around as a public company this time next year. If they are, current shareholders will no longer have much if any of their investment left with whatever new form of misleading sleaze they morph into. All IMHO.

SBB