Expo's Weeke router is not worth $500K. I believe Expo's CNC router is the Weeke BHC-350 Point to Point Machining Center or a comparable model (perhaps the 500 series). A 2004 model in excellent condition including computer controller can be had for $31,950.00 FOB NC:
Expo's may be worth a bit more or a bit less than $35K IMHO. Brand new, installed FOB with all the bells and whistles I doubt it cost over $100K. Weeke doesn't even BUILD a half million dollar CNC router unless it's on a special order for the US Government or something. I am not even sure that Cisco builds a half million dollar "router". This absurd misinformation that can be readily disproven does not help Expo Holdings, their management, the stock PPS or their current pathetic fiscal situation. All IMHO.
No doubt with all the PR's from last summer, and of course, the table stacked with bills of lading that was the highlight of the SM done on 9/15, you may think they did great in Q3. But think again, the company said in their 2/9/11 update that 2010 was a poor year in terms of sales.
How did 10 months of tables stacked high with outgoing shipments suddenly turn into a poor year for sales? How did the supposed router failure that lasted 6 weeks, turn the whole year into another $1.6 million year of failure? This company is a joke. ---------------- veno ~
yep
as for the vol i'm on record for wanting zero by way of volume/trades until mgmt delivers .. but it's always very revealing to revisit memory lane volume wise on EXPH .. b4 *interest* originated and then *after* the turn on 9/15/2009 ~ to NOW :)
as for the ceo's transition and who exactly it is i welcome the info and intent .. the connections across all parties <as you know> is easily discerned with DD ..
i'm of the thought that expo's balance sheet being cleaned up pertains to both debt and cash flow ~ here's to a strong Q1 fy 2011 <suspect Q3 fy 2010 was good .. and we both know the realistic impact their 500k workhorse weeke router going down for 6 weeks would have ~ besides the obvious ~ for Q4 fy 2010> if intent is to deliver consistent transparency .. that data would be due MID MAY 2011 .. approx 2 months from now
here's to info coming out of mgmt sooner than later .. tho' as always it comes on mgmt's time frame
I couldn't agree more.. April I believe was mentioned for getting debt paid down..That was before the router failure..With the new LOWES orders going out..could be that MAY would be more likely for that to happen..I do believe we will get the filing for year end 2010 soon..With the company running on current cash flow and no further AS increases we should see some real positive news sooner that later..Have a good weekend...veno
well if that is what you want you need to tell management to stop issuing shares for money. these crooks are creating this bogus trading. them and the fools who buy into their lies.