Replies to post #98315 on Expo Holdings Inc. (EXPH)

[Jeremiah]

Informing the company of planned forthcoming legal proceedings accomplishes more than one issue.


Companies that have prior knowledge as to threatened and/or planned lawsuits are effectively road blocked from future reverse merger undertakings. The SEC Information and Disclosure Statement, Pursuant to Rule 15c2-11(a)(5) specifically asks that question from any company filing to reverse merge.

I believe they might be prohibited from taking this company private as well, until matters of this nature are resolved.

[Santa Barbara Broker]

Could it be that Jerry's communication back in April just MAY (wink wink) have something to do with exph's apparent honesty in announcing how bad revenues are?

No telling, but you can rest assured the suspected company policy of "misleading and lying as standard procedure in revenue enhancement" went on hold for awhile. We could well be witnessing the beginning of the end for this scam. I am certain that they can sleaze their way out of most of any potential legal troubles through a well planned reverse merger and stock exchange, but my guess is Brown, Harrs and Expo are just about history as far as the snake oil sales game goes. Word to Jerry....take it directly to the officers naming them in any suit as well as the corporation. All IMHO.