Replies to post #92794 on Expo Holdings Inc. (EXPH)

[Santa Barbara Broker]

LOWES that did their DD on EXPO much better than we ever could.

Hmmmmm.....share price down 99.726% from .0365 to .0001 (reported...trades lower of course) in less than 19 months. Have to agree with that alright, lol.

When Lowes does Expo "DD":

"Hey Bob, who builds those displays the cheapest?"

"Ahhh, this company in North Wilkesboro, NC seems to be quoting prices cheaper than the cost of production and the materials themselves. I'm not sure we could build them any cheaper...and we're a huge lumber store with our commodity prices protected by options."

"That's strange. Well, so much for the DD....order 20K before they change their minds or go out of business...."

All IMHO.

SBB

[Santa Barbara Broker]

".....statements of legitimacy of the company not by what the company did or did not do at the time..but by who they worked with..That has not changed one bit..

I see. So you are claiming the following is absolutely true:

1) A company can mislead or misrepresent information concerning their financial status or their solvency as to the intent to issue more dilutive shares to raise capital to their shareholders and, as long as they have an order with a company like Lowes, they are "legitimate" in every aspect.

2) A company can quote and accept contractual orders and proceed with acquisitions, personnel hiring and questionable advertising projects they suspect or know may cause them to lose money overall and consequently destroy shareholder value as long as they have an order from a company like Lowes. Which is all they need to make them entirely legitimate.

3) A company can, over time gain a reputation for it's misleading and misrepresentative statements and PRs and cause, by it's perceived disreputable actions, their shareholders to do a 180 degree turn on their opinion of the company. Yet because those shareholders may have once believed in and bought the Expo hype AND the company does business with Lowes, that makes the company "legitimate".

So basically what you are saying is that because Bernie Madoff did business with JP Morgan and Goldman Sachs as well as dozens of other well known blue chip companies and wealthy, respected individuals, he was and is still completely legitimate despite all the other factors that are historically known about him at this time. His actions are/were irrelevent, the current opinions of him by the companies and people he did business with in the past are irrelevant. Just as long as at one time he was in business with with blue chip names or business persons who had excellent reputations, Bernie Madoff is a completely and totally legitimate person himself by simple association...forever...no matter what he has or ever will do....just by the act of doing business at one time with the aforementioned squeaky clean names. Personal intent...irrelevant. Moral and character issues...irrelevant. Fiduciary duty to clients and shareholders...irrelevant. Investment is and will always be only about appearances where your opinion of Expo Holdings is concerned...nothing more, nothing less. I just want to make sure the quoted "logic" on Expo and it's management are clear to everyone reading it. All IMHO.

SBB

[99leadballoons]

You are correct it is late..
but you made statements of legitimacy of the company not by what the company did or did not do at the time..but by who they worked with..That has not changed one bit..

What has changed is that we now know that Expo sells to these customers at or below cost. That became a proven fact when Expo released their financials showing exactly that.

Lowes doesnt use Expo because they are some great little company, Lowes uses Expo because they are the lowest bidder on a pretty basic item.

[fourkids_9pets]

excellent post veno

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As far as forwarning anyone from being as you believe deceived..I would think that with the vast majority of shares in the hands of friendlies and the pps being at rock bottom any newbie that comes on at this point already knows the risks..If not..IMO..their investment belongs in some other area..

I am a shareholder of this company and I also would like for the company to show content and transparency from now on..However..that is always on their timetable and not mine

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i keep asking with little back re: what is the issue exactly

zero volume until T squared suits me just fine

when mgmt uploads fy 2010 .. files forms .. is consistent with
fy 2011 Qs' *uploaded* .. PR's the BOD ... PR's the NEW CEO
reveals new ceo's comp pkg and whether there are restricted
common or pref'd shares held .. and of course ~ the *intent*
of the NEW CEO re: ETC and expo's future is articulated ~

exph will have *imo* their first ever content driven run
it will be nice to see what *volume* then reveals <across multiple levels>

but even beyond that it will be nice to have new topics to discuss
and folks who have desired an exit .. can hopefully do so above their CB

BALANCED discussions are always appreciated .. imo

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4kids
all jmo