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Santa Barbara Broker

09/19/11 11:51 PM

#100951 RE: venomen2002 #100949

No new dilution in over seven months..


Exactly what part of "it would no longer make any difference if EXPH sold 100 billion shares tomorrow or none..." are you finding difficult to understand? Touting Expo Holdings, Inc. for not selling any new shares is like awarding Lake Tahoe the Nobel Peace Prize for Physics because it's filled with water. If they sold 2 billion shares tomorrow, they'd have ahhhh...hmmm, let's see...oh yeah ZERO money. And if they sold ZERO shares tomorrow they'd have, ahhh ZERO MONEY. Get it. Assuming the SEC hasn't prohibited them from selling shares, the IRS is presumably seizing all their liquid assets until the tax liens are paid. Then comes Wurth Wood. Then the State of NC probably. Then how about the shareholders getting their $400K back? Then Grammy Brown and Uncle Cletus and cousin Clem. These guys owe more money than the company is worth....making the company worth less than nothing. So even if by some miracle of gawd they could sneak the public common share sales by the IRS (which they couldn't...trust me ;-)), no idiot in their right mind would buy them at any price. Forget the PIPE funders...they picked the bones clean on this corpse a LONG ways back. So what exactly is your point? Expo is a great company because they didn't do something that wouldn't have made any difference? Like Lake Tahoe is a prize winning lake because it has water in it? LMAO? IMHO.
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Acc441

09/19/11 11:55 PM

#100952 RE: venomen2002 #100949

WTF is missing??

....for starters.. Employee payroll taxes which were withheld from employees paychecks yet not turned over to Uncle Sam?? AND.....

Current financials
Manufacturing Equipment- GONE
New CEO
Access to funds
Southern Community Bank
James Kendrick
Wurth Wood Group-Raw Materials
Willis Hartley
ETC patent application-GONE
ETC trademark application- GONE


that should do for now


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EarnestDD

09/20/11 12:34 AM

#100955 RE: venomen2002 #100949

EXPH ... surviving off not paying Employees Withholding Taxes on to the IRS now.
jmo
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AStTropaz

09/20/11 10:26 AM

#100958 RE: venomen2002 #100949

SUMmmmmertime and the living is easy. EXPO's *anticipated* reduction to a pile of rubble was confirmed as *predicted*. Many viewers here would like to thank those that identified and brought forth the: fabricated listings of doghouse dealers, lawsuits from lendors, lawsuits from suppliers, sale of assets and federal tax liens [that not only created the cancellation of a shareholder's meeting BUT all but the end itself]. All these events culminating and made known this summer made the ending clear. All that's left is wiping down the walls from when the ____ hit the fan! GLTA as this continues to wrap up ... add it all up: SUMmmmmertime and da living was easy ;-)

AJMO