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patchman

05/18/11 11:41 AM

#95245 RE: fourkids_9pets #95242

there is a thriving market for non public co.s where
shares can be *traded* without the crop of BS issues
faced by legit co.s <expo> on the *poorly watched* OTC



Actually, there needs to be a qualifier to this statement.

There is a thriving market to private companies with viable operations. There is no thriving market in trading failed pink sheet companies. going private would be taking a non-reporting pink sheet failure out of the public trade domain. In being private, there is a smaller base of investors to begin with and those that trade this less liquid market are more astute than those who trade...failed pinkies.

if nobody is buying this public company as a seen value, what makes you think it will come in private?
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Basser1

05/18/11 12:10 PM

#95248 RE: fourkids_9pets #95242

In your example you use 60 million shares as a base for the calculations and I would like to know just how many people you think that there are that are holding 60 million or more shares??? I think that one would be able to count these investors on one hand and not have to use all their fingers.

The principals might hold this many after they repurchased the shares that they dumped during the run up in 2009. There is no way to convince me or a lot of others that JD and Glenn just left about 9 million on the table so that they could share the fate of the common investor......PULEEEEEEEEEEEEEZ!!!!!!!!!!

Are your holdings in this range??? If they are not then count on being wiped clean on the investment if the company is taken private.

What about the huge majority of people that hold 1 million or less of these EXPH shares, should they be looking forward to a divy on the very small amount of shares that they would hold after such a large R/S. These folks that hold a million today would be left with 333 shares in a company that is nothing more than just a cabinet and display company that is no different from any other little mom and pop cabinet company in the country.

For these people to get a dividend on their few remaining shares the company would have to actually have made a profit, something that they have not been able to do in the 10 years of their existence.

If the company was taken private to fund ETC that would be a huge joke on the shareholders because NOBODY AND I REPEAT NOBODY WANTS THESE FAILED GIMMICK CRAPINETS. The company obviously recognizes this because they allowed the patent to expire and other companies recognize it also since no one has stepped up to snap up this tremendous advance in design now that the patent has lapsed.

The sooner that people realize that D&D and EXPO is just a little cabinet shop that is nothing special and has no special products that set it apart from other little cabinet shops the better off that they will be since they will realize that investing here is just like flushing cash down the toilet.

JMHO

Basser