Ok venom let's go with this thought that JD and Glenn never sold a single share as far out as that really is to believe that they left about nine million dollars on the table.
Even if they never sold a single share they did steal(oops meant borrowed) four hundred thousand dollars from shareholders and didn't pay it back.
Also there are the facts that they stole their employees IRS withholdings and didn't turn those into the government and had liens placed against all the company assets.
At the start they sold the only asset(real estate) that had a chance to appreciate in value. They turned this into a payment of 225K a year rental obligation that is paid with shareholder equity? Did you vote on this as a SOR??
According to tax records it appears that they have sold off 83% of the company equipment. Did you get a vote on this as a SOR???
They are being sued by the main supplier of raw materials to the tune of 300K. Did you get to vote on whether this bill should be paid or not as a SOR??
They are being sued by the bank that you noted had vetted the company and management so carefully.
They never came close to meeting any of the projections that they put out in the flood of pr's preceding the huge pump and dump of 2009. Matter of fact they never came close to meeting anything that they said they would do. They never put product of any type into the retailers that they said were lined up.
They have defaulted on their corporate business license.
So in the END of EXPO holdings it won't really matter if JD and Glenn never sold a single share. Completely naieve to think that that they left all that money on the table when the comapany was set up from the git go as a way for them to profit and take the debt from their bankrupt cabinet shop and put it on the backs of EXPO's loyal shareholders.
Believe what you like about whether or not JD and Glenn never sold shares or not because it simply won't matter anymore since there is no reason that this company should still be in business. It really won't matter because they are already out of business but *some* just don't seem to understand that fact!!!
That could be the results of two specific reasons. 1) I never stated there was proof that management sold their shares. I stated that they had done everything in their power to keep the proof that they either sold their shares or are still holding their shares (as you claim) secret from everyone for the past three years. This despite repeated DOZENS of requests that they ungag their TA from hiding the EXPH share float numbers, provide the Form 3s and Form 4s and release their SEC filings. Or it could be 2) that you will refuse to admit they sold the shares no matter what proof is offered....even including Brown and Harr's own admissions under oath most likely. Just as you have denied the irrefutable evidence of IRS liens, the Wilkes County tax records showing an 83.4% decline in D&D Displays equipment valuations from 2010 to 2011 and the announcements of the SC Bank and Wurth personal lawsuits against Brown, Harrs and their families...the latter in the case of Wurth Wood.
There is overwhelming circumstantial evidence that they sold their shares starting with a massive share discrepancy in the two years (2008, 2009) Brown ran the P&D for what is likely that purpose. Then there is common sense which one would need to possess to understand that people of a criminal enough bent to steal from the US Treasury Department, a bank and their own suppliers are probably NOT going to hesitate to lie about selling shares in a company they know is worthless because THEY made it that way...on purpose. There is no link to common sense. There is no way to impart common sense. Common sense in matters of Expo Holdings, Inc., their alleged criminal management and it's inevitible outcome of bankruptcy is either present or it is not. IMHO.