as an unregistered co. in the land of fraud expo gets the least amount of attn on it unless one is a rather squeaky wheel .. <i spent about an hour with another person from finra's whistleblower progmam discussing specifics about the entity/s who imo *ran* the stock 2 times in 2009 .. b4 *turning* and then blaming mgmt b4 shorting the stock down to the cellar>
as i said to this individual .. expo wasn't *unique* there are at least 5 to 7 co.s that this was done to as well
most didn't survive and there is no guarantee expo will tho' imo if doors were going to be shuttered it would have come to pass last feb/mar following the death of the WW ceo
fyi
ftd's were shown up thru july 30, 2009 which coincidentally was after one well orchestrated run and b4 the second one
it was just over a month ago .. i finally got one of the most honest sec employees i've personally interacted with <3 years> to admit that with unregistered stocks ftd info doesn't have to be reported (in a nutshell) essentially no one tracks it .. and no one cares
the fact that ftds were reported for the entire time exph first traded on the pinks <june 2007 to july 2009> struck myself and others as just odd .. until one realizes that odds are whomever did PP in april 2009 was most likely responsible for wash trading shares and blowing out volume <april 2009 = 50M .. may 2009 = 400M+) resulting in the mess created
this gal from the sec essentially said that the OTC was set up for *BS* .. i said to her did anyone think to tell that to those legit co.s who came public in the last few years via a r/m ~ into shells littered with ftds?
rhetorical obviously
anyhow much more there but suffice to say .. the last leg down of covering on exph is going to be the issue .. of course let's be very clear .. mgmt needs to deliver on what they've promised .. fins/forms/ceo/bod/shares held restricted common or pref'd .. when that comes .. interest that isn't manufactured will originate .. and volume of substance will be generated
here's to mgmt following thru .. and a few trading records getting subpoenaed in due course