Replies to post #101008 on Expo Holdings Inc. (EXPH)

[EarnestDD]

I seriously doubt any new management would take on the liabilities that current management has so ineptly and criminally plunged EXPH into.
jmo

New management is coming with a new direction for the compan

[Stock_Barber]

your prediction of new dilution didn't happened

I do not recall predicting new dilution...

You have zero evidence to say the equipment is gone

Correct! I am referencing another poster who has been highly accurate in the past at knowing what is actually occuring on Shaver Street! Far more accurate than those relying on management and/or financially conflicted local longs for info...

FWIW, I have no evidence either way... but, I do know that it would be pretty difficult to explain away an empty facility at a SH meeting...

Maybe if JD would turn back on the Webcam and point it at the router, this issue could be put to rest! You're reading this JD... how about it? It will cost you nothing! Support your shareholders and prove that you still have the equipment!

I bet it doesn't happen...

[Santa Barbara Broker]

Let's be clear. These are FALSE statements in the absense of vetted, unbiased proof to the contrary:

The equipment and workers are still there

There is ample cause, reason and motivation to assume the principals of the company have sold off 80% of D&D's equipment. It is documented by a coressponding decrease in September 2011 over Septemeber 2010 personal property taxes specific to D&D Displays alone. There is also overwhelming circumstantial evidence that the IRS is seizing all revenues coming in from D&D Displays accounts as well as general Expo accounts to satisfy their tax liens. Leaving Expo in a no win situation since well before August 2011. Insufficient operating capital, being sued by their bank, being sued by their suppliers and being pressured heavily by the US Treasury Department. There is little if ANY reason to believe Expo has raw materials, workers or anything else "still there" at Shaver Street producing much besides a dust catch. It is entirely possible NRS may be conducting operations of course giving the appearance Expo is working and that former Expo workers may be enjoying a refreshing change of pace working for NRS...and having their SS, MC and wage witholding taxes actually sent to the various and sundry government treasuries they belong to.

...working on the back orders...

Expo themselves haven't made a single mention of Cima "back orders" for well over a year...August 2010 to be precise. It is simply a prevarication to state otherwise. The entire concept of current "back orders" is completely fabricated and totally undocumented. There are no "back orders" just as there is ample evidence to suggest there are few if any orders at all. Expo Holdings is a broke, failed and dysfunctional company on the verge of bankruptcy and in hands of incompetent, alleged federal tax evaders.

zero evidence to say the equipment is gone

False. There is ample evidence to show that the equipment is gone as OVER 80% of it is no longer being taxed a mere 12 months after the fact:

Tax 2010 (D & D Displays personal property equipment tax): $2878.73
Tax 2011 (D & D Displays personal property equipment tax): $456.66 (83.8% reduction indicating a large portion of equip sales September over)

https://tax.wilkescounty.net/MSS/citizens/PersonalProperty/Default.aspx

...your prediction of new dilution didn't happened...

Not only DID dilution happen by definition and was proven by concrete evidence, it happened at an annualized rate over THREE TIMES (650%/233%) higher recently than when it was caused by EXPH share sales alone. And, before presumably either the IRS or the SEC or both may have disallowed or intervened in some manner to prevent Expo Holdings from continuing to sell common stock. Dilution from many sources has been amply documented with concrete evidence numerous times here and it is a known and purposeful misleading and false premise to suggest otherwise.

New management is coming

Absloutely false..there was no mention whatsoever of "new management". The EXACT quote was "updates regarding management changes". Not "new management is on the way" or we "have hired new personnel". Changes. PERIOD. That could be anything from Brown resuming the CEO position due to lack of anyone dumb enough to take it over to something as mundane as a declaration that they have decided "management will "change" it's policy of robbing the US Treasury Department in the future". The statement was simply taken out of context and misrepresented to make a bland and common event seem positive. "Management changes" were announced by Expo where the actual naming of a new CEO was mentioned forthright well over a year ago with a firm date given for the new hire's appointment and takeover, and it was a complete lie. I wouldn't hold your breath over this new particle of BS.

http://www.expoholding.com/

a new direction for the company

Despite the endless attempts at misdirection, puerile spin and abject misinformation, the only direction Expo Holdings is going is the one it set out on in May of 2006...down..into BK...and soon. All IMHO.

[99leadballoons]

New management is coming with a new direction for the company

why would they need a new direction if they are doing so well? that kinda contradicts what you have been saying about them.