I would have call BS on that one given EXPHs past addiction to selling shares.
jmo
OS 3,325,724,456 / AS 3,330,000,000 / 50 Million Preferred Current and recent updates: (Note: 2.10B shares authorized in 2010 and 230M in 2011 so far) File Date: 2/01/2011 Shares increased to 3,330,000,000 / 50 Million Preferred File Date: 12/28/2010 Shares increased to 3,100,000,000 / 50 Million Preferred File Date: 12/14/2010 Shares increased to 2,800,000,000 / 50 Million Preferred File Date: 11/29/2010 Shares increased to 2,560,000,000 / 50 Million Preferred File Date: 11/16/2010 Shares increased to 2,400,000,000 / 50 Million Preferred File Date: 11/02/2010 Shares increased to 2,200,000,000 / 50 Million Preferred File Date: 10/19/2010 Shares increased to 2,050,000,000 / 50 Million Preferred File Date: 5/11/2010 Shares increased to 2 Billion / 50 Million Preferred File Date: 4/09/2010 Shares increased to 1,350,000,000 / 50 Million Preferred File Date: 3/16/2010 Shares increased to 1,100,000,000 / 50 Million Preferred
Or the old Lowes order just being lied about as if the individual displays being produced are simply being attributed to the Lowes suppliers using them as if they are actually D&D Display "customers".
Assuming that is not a lie told by Expo Management but just wild, baseless supposition posted as "fact", by what percentage? At what margins? Increasing production for who? Are you using a single dentist office installation to tout a public company's "increase in production" in cabinetry over a single kitchen installation during the entire 15 month+ history of the Cima/ETC divisions as "significant" somehow? Can you state for the record that would not be considered misleading by most parties?
Zero evidence of that. Absolutely zero. It is apparently true however that some previous Expo debt has been restructured... with overdue interest possibly being including in increased principal amounts at even higher interest rates due to massively increased risk to the lenders. That's called going backwards...or "toxic death spiral financing" in the real world, not "paying down debt". Once again, the gauntlet was thrown down, take a stand, I say debt (including shareholder deficiency) is HIGHER now than at the end of 2009. And was close to DOUBLE what it was in 2009 at the end of 2010.
This is a good sign? A company so broke they can't afford to pay their executive officers? This is meant to imply what...Expo is in good financial condition bacause they are losing so much money they can't meet payroll, LMAO?
So if they make a profit one month out of the year of a couple bucks and bleed cash the other eleven, that's a sure sign of coming success? The only way this company could show a profit in any given month would be to slide receivables in from both directions and shift G&A expenses in the opposite manner. In other words, if Expo shows a profit at anything, it's the very likely result of accounting tricks, NOT profitability from product sales. Accounting tricks a potential CEO would obviously know about...which is why one hasn't been and probably won't be named for any reason besides a shill for a reverse merger or stock split.
Is that definition the one used to determine "WorldCom is a buy and hold" as was quoted on a profile? Expo is a scam. They are very likely neither paying down debt or making a profit. They are preparing to do a reverse split or reverse merger to cover up insider share sales and soon evidence of most or all of this will be out in the open. All IMHO.