Replies to post #93829 on Expo Holdings Inc. (EXPH)

[99leadballoons]

Seems like a lot of people are wasting their time if they think the company is such a scam

Actually it isn't a thought. It is a fact. It is an absolute proven fact that this company is a scam. It has all been documented quite well.

Only a matter of time before authorities step in. JD is a proven criminal. Everything from stealing software to fleecing investors. Even his own grandma. Who does that to their own Grandma?

[sburlria]

give us some color on the "potential"
Where is it? What part of the business has potential?
It appears these displays they are making for the "big" companies are tiny and don't amount to much at all in revenue and appear to be produced at a loss.
Where is the potential??

[Santa Barbara Broker]

Where else can you find a pinky with this kind of potential

Would appreciate the specific type of insight and documentation brought to bear on the conclusion that Expo Holdings has this "kind of potential". I have followed the company for years. I have carefully researched their history from when they first became a public company until present. Over that time they have consistently lost millions of dollars, gone from a high share price of .0385 intraday in September 2009 to sub .0001 of a penny. One of the principal's first orders of business when they went public was to lend themselves $400K on a loan secured by 25% annual interest...principal and interest that seemingly was paid back almost exclusively with shareholder equity. That "shareholder advance" remains outstanding in the absense of information to the contrary. They have promised transparency repeatedly yet gone dead silent for almost 1.5 years on any crucial financial information. They were reported to have verbally confirmed a forecast as to making their $6.0M in earnings as late as the 15th day of the last month of their fiscal year in 2009 and then missed it by 75%...leaving one incredulous as to how a CEO could be so radically out of touch with the reality of his company's financial state. Have stated firmly there would be no further dilution anticipated and absolutely no R/S then proceeded three weeks later to go on an unprecedented billion share plus dilutionary share printing binge...blaming the entire thing on a single piece of broken wood working equipment, lol. Promised to name a retailer with 100 outlets for ETC cabinetry and to name their "new CEO" no later than January 1, 2011 and failed to do so to date.

I just don't see the "kind of potential" here for anything besides massive investor losses, misinformation and misleading jive. History backs me entirely...including the company's own archived data. I would love to see evidence that shows, documents and unbiasly confirms this "potential" as otherwise it would appear little more than another in a series of hype PR driven P&Ds. All IMHO.

SBB