Replies to post #100162 on Expo Holdings Inc. (EXPH)

[cantgetmyname]

that would work if they had a payment plan set up. But they dont.

[sburlria]

Won't it all be so exciting!
SORs and non SOR will sure be tuning into the EXPO SM!

Er, no new dilution is so great! Fugettabout everything else putrid with the expo gang and focus on the short list of positives.
Still a bid.
No recent dilution.
WOOOOHOOOOOOOO!!!!

[Acc441]

veno...let me be clear.....the ONLY way an installment agreement could be worked out includes a REAL-not imaginary- *vetting* of the company's financials.....the number of delinquent tax periods along with the amount of the delinquency prohibits participation in the "streamline" process....nor is the company eligible for the "Guaranteed" installment agreement program.

IMO, The IRS is in possession of material which will help them through the "Responsible" persons investigation...the material should aide the IRS in deciding whether or not the Delinquency is "collectible".


JD's best hope at this point would be to ride away on a Hurricane Irene wave. JD and Glenn should have repaid the $400K in "advances"......the 2 wizards are about to be taught a lesson.

those silly,silly....pesky serial numbers...tsk..tsk

[Santa Barbara Broker]

Here is the quote again..It is very specific in stating that the topic is payroll taxes not personal taxes as you claimed in your post.

Really? No NOT really. It is very specific in failing to include a link to where the quote was drawn from, or rather in this instance, where the quotes were drawn from as they are a blend of manufactured personal and business quotations presented as if they were strictly for business. Which is the reason for the lack of those links that are so familiar to this kind of post and ALWAYS being requested from the source of these posts to others for information that cannot be proven or disproven. So let's have a FRANK discussion of what is going on at Expo Holdings, Inc. right now...LINK INCLUDED.

First, here is a link to the complete set of outlines for business tax witholding per the IRS. Anything that needs to be confirmed or vetted can be found off of this page:

http://www.irs.gov/businesses/small/article/0,,id=172179,00.html

Second, I am not suggesting anything concerning Expo's continued dilution. You have been requested to provide vetted, unbiased proof they are NOT selling more shares and haven't continued to do so since February 2011. Despite repeated requests, you have shown absolutely ZERO proof. Renee on the other hand has provided numerous, logical and linked sources showing that yes, it is indeed possible that Expo Holdings, Inc. could well have been selling shares since February using statutes available to them through the filing of the notice of a share split submitted to the NV SOS site February 2, 2011. That being said, the subject is DILUTION...which takes many forms. Including decreasing the value of a shareholder's interest by abusing the fiduciary duty of an employer to withold SS, MC and payroll taxes and then (allegedly in this case) STEALING those 941 tax witholdings from the IRS. Resulting in penalties, interest, additional set-up costs and possibly legal and accounting fees bourne BY THE SHAREHOLDERS of the corporation that reduce their equity and would have been totally unecessary had the officers of the company simply obeyed the law. As is obvious at this point, Brown and Harrs could have simply issued more shares in a public fashion AS I PREDICTED THEY WOULD WHEN THEY WENT BROKE IN MAY 2011 and paid these assessments off like they have been paying themselves and every other assessment off since 2006...by, IMHO, robbing their shareholder's equity through dilutive share sales. But no, THEY COULDN'T DO THAT. Why? Simple, sometime around May 1, 2011 the IRS, IMHO, apparently announced their intent to or did physically attach Expo's or D&D's incoming receipts, bank accounts, factoring accounts and every other source of income and revenue available to the company...INCLUDING any revenue they may have raised through dilutive share sales. So they either chose to pursue some new method of DILUTIVE CAPITAL SOURCING which has yet to be discovered or they basically shut down most of the operation when the money ran out. The capital sourcing, if they went that route, may have taken the form of something like that suggested by Renee. For which YOU can provide no proof to the contrary but for which I have just provided a logical and complete scenario that would explain exactly how and why it would have happened.

Third, you CONTINUE to insist there has been "no new dilution for seven months" as if it is a "fact". It has just been shown that such a statement has been PROVEN TO BE FALSE. The mere act of officers causing their shareholders to incur the expense of penalties and interest by breaking the law is a dilutionary act on many levels. It costs additional monies far and above those originally required to obey the law in order to defend and correct. It inevitably lowers the PPS. It can affect seriously the ability of the corporation to borrow at reasonable interest rates or at all. Leading the shareholders to suffer the costs of capital sourcing many times that of the company prior to such alleged criminal acts. Not to mention that the act of incurring penalties and interest from the IRS by allegedly stealing 941 witholding taxes BECAUSE you can no longer dilute through share issuance due to the IRS seizing the cash proceeds of any such sales is an alleged CRIMINAL act in itself in my personal opinion and should be doubly insulting and offensive to any moral and responsible shareholder of this corporation if it should be found to be the proven case.

You may await all the answers you want from this so-called "shareholder meeting" scheduled to be held on September 22, 2011. Anything coming out of that meeting that does not involve an immediate, upfront and truthful explanation of the current situation with the IRS and/or, if applicable, a complete confession of the alleged theft of 941 proceeds from the IRS and admission of guilt for criminal neglect of fiduciary duty to the shareholders forthcoming from Brown, Harrs and/or any other officer(s) involved in this situation can, IMHO, be presumed a LIE and absolutely worthless as a source of information. What will be LIKELY be coming out of that meeting, if indeed it is even held as planned, will be one pathetically constructed excuse, misrepresentation and/or lie after another.

Expo Holdings, Inc. is finished without a massive dilutionary re-organization that will, through that act alone, remove any and all remaining credibility from the officers of this company and reduce the chances of success of any new scam emerging from the ashes to near zero. I see a possible dumping of D&D with the Cima Holding LLC replacing it per Acc's scenario or possibly a RM of Expo into Cima Holding LLC to source new shares to sell and to escape the pall of criminal liability hanging over Expo by these recent alleged actions. There are a dozen possible scenarios for scam survival, but only one outcome. Whatever strategy is developed by these con artists to insure survival of their scam it WILL result in the loss of almost all or possibly 100% of the equity remaining in EXPH shares to current shareholders. Archive that statement. Then put it in the bank. It is coming and there is NO AVOIDING IT. All the above strictly IMHO.