Well..if we are talking what was said on the CC.. Then you might want to listen to it again and pay attention at the first part at 2:45 seconds of recorded time..JD said that it would take 2-3 years for etc obtain full market penetration..
To that you posted..
"Baloney. That is not what was stated at all. It was not over 2-3 years."
Funny how that is forgotten as you say..
What also was forgotten that during the CC..in the beginning he clearly stated more than once that all of the forecasts were given the..current economy and market..
The $6 million figure that was projected also was clarified in CC that the figure depended greatly on etc for the last half of the year..
It is evident at the time of the CC that the company believed it had in hand a retailer that would come on quickly and produce the numbers that were mentioned..We now know that didn't happen..
Again there were no lies..The ecomomy imploded and WW didn't carry etc as was planned..which was taking more time than thought to get started in the first place..
Other companies have folded since the CC was given by EXPO back in JULY of 09 which I am sure also had great plans for the future..EXPO is still going and is getting back on track..It won't happen over night..So..for any that hope for huge gains quickly in this economy..it isn't going to happen..The company needs to slowly climb back up and then keep up..
The fact that no new shares have shown up..that companies like LOWES are still on board and that production is back on track..are all great signs..Add in CIMA which wasn't around when the CC was taking place and recovery for this company looks even better long term..
On a side note..during the CC JD actually said that no merger or aquisitions were needed..As everyone can see the economy caused many companies to change stategies to stay alive..
Also..before a CC or a shareholder's meeting..everything said is covered by the fact that all projections are just that based on what is known currently..
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