Expo Holdings, Inc. Completes Prototype Phase With Harris Teeter,Inc. Floral Department
Apr 23, 2008 11:42:13 (ET)
NORTH WILKESBORO, NC, Apr 23, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it has completed prototypes for Harris Teeter in order to update displays in its floral departments.
James D. Brown, Expo Holdings CEO, stated, "Yesterday, the President of D&D Displays, Glenn Harrs, our Vice President of Sales and Marketing, Ted Stevenson, and myself oversaw the delivery and installation of our first prototypes for the floral department of a Harris Teeter store. Normally, this would be handled by our good folks in the sales department alone, but because of the size of the project, we felt it important to meet Harris Teeter with our entire senior management team. This one prototype store was billed at over $12,000 dollars with subsequent stores estimated at similar or slightly reduced pricing. Due to the size of Harris Teeter, and the potential number of stores involved, we felt it important to inform our shareholders of this event. Harris Teeter operates over 155 stores with many of the stores being affected by this update. This could possibly be one of the largest single orders in D&D Displays' seven year history."
Harris Teeter, Inc. is a wholly owned subsidiary of Ruddick Corporation. This food market chain operates in six states: North Carolina, South Carolina, Virginia, Georgia, Tennessee and Florida. Ruddick Corporation is publicly traded on the NY Stock Exchange. Harris Teeter, Inc. operates 155 stores and employs about 18,000 according to the company's website.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
SOURCE: Expo Holdings, Inc.
Posted by Lockman on :
sitting and waiting. lol
Posted by IMAKEMONEY on :
ME TOO, IT WILL HAPPEN. Posted by IMAKEMONEY on :
GONNA GO! Posted by IMAKEMONEY on :
BUMP Posted by IMAKEMONEY on :
Posted by IWISHIHAD on :
From another board quote:
"And the response I received directly from Mr. Brown:
We are pleased to hear from our shareholders, but I defer most questions to Chad.
However, because this letter is intelligent and well written I will respond personally.
The company has purchased 5.2 plus million shares for retirement. The 20 million was an up to figure.
The retirement to preferred is in the works, as we are awaiting circumstances beyond the company’s control. I do believe within a very short period of time it will be fully processed and updated to the shareholders. You may confirm with the transfer agent, who is awaiting certs from several large brokerages.
Regarding the “disturbing” numbers from the transfer agent. We have not gagged or restricted our transfer agent in any way as a courtesy to our valued shareholders. We do not control when shares become unrestricted. New rules are in place that allowed certain shareholders to free up shares, and sir, you are absolutely incorrect to assume that no buyback has been started or that the process has not begun, regarding the conversion to preferred.
Regarding our “fiduciary obligation”, we are well aware of our obligations to our shareholders. We release information when we feel it is material, and important. Typically we do not issue statements, when others feel it is important. We rely on our judgment for that. You will notice that we post our financials; PCAOB audited for 2006, and have an open door policy for shareholders here at our headquarters.
We are looking out for our long term and loyal investors. We are not running our company to serve those with short flipper type agendas, some of which are present on internet poster boards. I hope that you are with us for a long time and will be pleased with your investment. Please, I encourage you, take the time and visit us, see what your investment is doing.
If you are looking to exit your position, contact me and I will arrange for the company or other long term investors to take your position."
Respectfully,
J.D. Brown CEO Expo Holdings, Inc. 336-667-8765
_________________________________________________
Another interesting statement from a CEO of a penny stock.
This ceo could buy back all the shares he wants from the one's being dumped in the market.
This is suppose to be restricted shares being converted over yet the OS keeps going up.
I could be wrong about this but i always thought that the OS includes restricted stock which means the only way the OS can go up is if the company is diluting and not because of converted restricted stock.
Then there is the other question why are these shareholders converting and selling, if that were the case?
Posted by IMAKEMONEY on :
THEY NEED MONEY, I STILL LIKE THIS PLAY.
Posted by IWISHIHAD on :
It could be a good play when the company stops selling shares. The problem is where the bottom will be.
I took my shares out till they slow the share selling up. Probably why Stocktrader22 got out sooner than me. Good Luck IMAKEMONEY.
Posted by IMAKEMONEY on :
Related Quotes Sym. Price Chg. EXPH Trade News 0.004 0.0004 Expo Holdings, Inc. Receives Project Deposits Exceeding $50,000
May 8, 2008 13:43:54 (ET)
NORTH WILKESBORO, NC, May 08, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company which wholly owns D&D Displays, Inc., is pleased to announce it has received a project deposit from Novalis, International.
James D. Brown, Expo Holdings CEO, stated, "In recent negotiations with Novalis, International, the company agreed to begin work on a large scale production run of in store displays. As part of the agreement, Novalis agreed to provide, and has provided a substantial deposit. Due to the size and nature of this new agreement, a large deposit was necessary. We will begin production of these displays this week. Our relationship with Novalis continues to grow despite the distance between us geographically. I have not released the total order size due to confidentiality agreements."
The company would like to further announce it is currently bidding additional projects for the flooring industry totaling approximately $500,000 for various other clients. The company will update shareholders on the current proposals in the near future. The company expects 2008 to be a strong year.
Founded in 1986, Novalis is headquartered in Hong Kong. Novalis has branch offices in Shanghai, North Carolina and Toronto. In China, Novalis has sales agents in all major metro cities such as Shanghai, Beijing, Tianjin, Guangzhou, and Hong Kong. In North America, the company's North Carolina and Toronto offices lead the development and marketing of the flooring business and provide customer support to US and Canada clients.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
SOURCE: Expo Holdings, Inc.
Posted by IMAKEMONEY on :
Expo Holdings, Inc. Completes Westinghouse-Branded Display Orders
May 12, 2008 10:19:58 (ET)
NORTH WILKESBORO, NC, May 12, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company which wholly owns D&D Displays, Inc., is pleased to announce it has completed shipment of the Westinghouse-Branded displays previously announced on March 14th, 2008.
James D. Brown, Expo Holdings CEO, stated, "We have completed these orders without issue. We look forward to serving this customer again in the near future. This order highly utilized our new large area digital format printing capabilities. As we continue to focus on customers and brands like Westinghouse, we will be utilizing our digital print capabilities even more."
Mr. Brown further stated, "Additionally, we are currently in negotiations with another household brand name for a high end concept related to serving Wal-Mart and other significant retailers. More information will be disclosed as it becomes materially significant."
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
SOURCE: Expo Holdings, Inc.
Posted by IMAKEMONEY on :
Expo Holdings, Inc. Enters Estimated $12,000,000 ContractNegotiations
May 14, 2008 14:10:17 (ET)
NORTH WILKESBORO, NC, May 14, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it has entered negotiations with a Fortune 100 Retailer for a contract that if awarded could exceed $12,000,000 US dollars over the next 2 years.
James D. Brown, Expo Holdings CEO, stated, "In the seven-year history of our company we have not had the opportunity to serve our customer on this scale. We are extremely optimistic that we have a great opportunity to complete these negotiations and be awarded the contract. We estimate the size and scope of this contract, if awarded, to exceed $6,000,000 US dollars per year for 2 years. Last year we completed just over $2,000,000 in sales to this customer and have built a strong continuing relationship with them."
Mr. Brown further stated, "In addition to the current credit facilities of $100,000 at Wachovia Bank and $250,000 with Southern Community Bank, Expo Holdings will need to seek an additional $240,000 in credit or fundraising activities over the next six months. The funds will be used to support this and other initiatives. The company is currently in negotiations with several individual private investors to obtain the required financing. If we are successful, the financing would be accretive to shareholders."
The company has engaged its investor relations firm Numarket Solutions to produce a company information video to help provide market awareness for the company. The company will showcase its 85,000 square foot manufacturing plant and provide investors a detailed glimpse into the business of the company.
Chad C. Sykes, Numarket Solutions CEO, stated, "I will be meeting with Mr. Brown this week to begin shooting the informational video. We will also begin looking at installing web cameras and updating the web site so shareholders and potential investors can see exactly what goes on in the day-to-day operations of the company. I expect great things to come from this rapidly growing company and I'm excited to be a part of the team."
Expo Holdings completed its 2006 annual audit and recently posted unaudited financial statements for 2007 on Pinksheets.com. Numarket Solutions will be assisting the company in completing its 2007 audits in order to file Form 10-K with the Securities and Exchange Commission. This would allow the company to obtain a listing on the OTCBB in order to become more attractive to a broader base of investors.
The company also expects the previously announced retirement of its outstanding shares to be concluded shortly and will make an announcement once completed. In light of recent developments and previously posted financials, the company feels its share price is not a true reflection of the value of the company. The company encourages prospective investors to review the financial information available on Pinksheets.com.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
Numarket Solutions is a business development Company that provides business owners with the tools and blueprints they need to compete in today's markets. Services include, but are not limited to, Investor Relations, Marketing, Corporate Planning, SEC Audit Consulting, and Corporate Structuring.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
SOURCE: Expo Holdings, Inc
Posted by IMAKEMONEY on :
ITS GONNA GO, JMO, Posted by IMAKEMONEY on :
Expo Holdings, Inc. Receives Merchandising Fixture Orders for Use inHome Depot Stores
May 21, 2008 13:45:40 (ET)
NORTH WILKESBORO, NC, May 21, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it has received additional merchandising fixture orders for use in Home Depot stores.
James D. Brown, Expo Holdings CEO, stated, "We are pleased to provide additional fixtures for use in Home Depot stores. This represents continued re-orders by this customer and demonstrates our continuing relationship. The total stores affected by this and the previous orders exceed 150 locations. Due to confidentiality agreements specific details have been omitted from this press release."
The company would like to further announce that it has concluded filming an informal shareholder video. The video will give shareholders a tour of the facility and its operations including the production of several large orders for such clients as Harris Teeter and S&K Men's Wear. The company will present this video to its shareholders and provide a corporate update early next week.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
SOURCE: Expo Holdings, Inc.
Posted by IMAKEMONEY on :
RUNNING!!!!!!!!!!!
Posted by a surfer on :
nice
Posted by IMAKEMONEY on :
TAKE ME OVER A PENNY TODAY BABY!
Posted by Lockman on :
Hansome chart! Good pick IMAKE!
Posted by IMAKEMONEY on :
SURE LOOKS READY Lockman
Posted by IMAKEMONEY on :
Related Quotes Sym. Price Chg. EXPH Trade News 0.006 0.0022 Expo Holdings, Inc. Receives Financing Commitments
May 27, 2008 15:14:58 (ET)
NORTH WILKESBORO, NC, May 27, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it has received commitments for its previously announced financing.
The company has received a commitment to provide the financing needed in support of its current expansion plans. The company plans to issue a 2-year secured note bearing 10% interest annually and paid monthly. The company will also issue warrants exercisable at $0.02, or two cents per share in conjunction with the note.
James D. Brown, Expo Holdings CEO, stated, "With the current weak market conditions we felt it imperative to find an alternative solution to our financing needs. The funds will be used to cover costs associated with the ramp up of our retail initiatives as well as support future upcoming contracts."
The company would like to also update shareholders on the previously announced reduction in shares. All paperwork has been signed and submitted by the company. The company's transfer agent is currently awaiting certificates from both Morgan Stanley and Wachovia Bank to complete the retirement. The company is retiring 5,260,000 shares of free trading stock and 187,268,400 restricted shares of common stock. Upon conclusion of this retirement 367,712,469 shares will be issued and outstanding with an effective float of 169,276,297 shares of common stock.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
SOURCE: Expo Holdings, Inc.
Posted by IMAKEMONEY on :
Posted by IMAKEMONEY on :
GAPPER IN THE AM PPS .0055
Posted by IMAKEMONEY on :
GAPPED TO .0065 MORE NEWS--------------Related Quotes Sym. Price Chg. EXPH Trade News 0.0055 0.0005 Expo Holdings, Inc. Releases Shareholder Video
May 28, 2008 09:20:16 (ET)
NORTH WILKESBORO, NC, May 28, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it has posted a two part informal video on Youtube.com.
The video is two parts with a total running time of approximately 15 minutes. The informal video introduces investors to the company's management team, craftsmen and operations. The video also spotlights the company's First Choice Closets and Garage products to the investment public for the first time. The company expects the First Choice product line to generate significant revenue for the company once launched.
James D. Brown, Expo Holdings CEO, stated, "During a recession, retail centers must compete for fewer dollars and a smaller consumer base. In order to attract customers to their products during rough times, retailers will seek more creative and eye catching displays. This provides D&D Displays large market potential as more retailers seek to replace or upgrade aging displays."
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
SOURCE: Expo Holdings, Inc.
Posted by IWISHIHAD on :
They just keep diluting. I was thinking of re-entering i thought maybe they had stopped for awhile, no such luck.
Are you still in at .008 IMAKEMONEY or did you sell and re-enter?
Posted by IMAKEMONEY on :
IM ON FREESHARES NOW IWISHIHAD I STILL LIKE THIS ONE.
Posted by IWISHIHAD on :
It still has a good shot if they will back off selling those shares. They never give it much of a chance to run because of that.
The one thing that worried me was when they decided to restrict many of their shares then started to dilute.
But it still has a good chance to run just not sure i want to jump back in. Might miss a good one here hopefully for everyone that's in now it runs to the moon.
Posted by IMAKEMONEY on :
Related Quotes Sym. Price Chg. EXPH Trade News 0.0046 0.0002 Expo Holdings, Inc. Enters Final Negotiations With Pratt Corporation
Jun 2, 2008 10:18:07 (ET)
NORTH WILKESBORO, NC, Jun 02, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it has entered final negotiations with Pratt Corporation.
James D. Brown, Expo Holdings CEO, stated, "We are pleased to enter final negotiations with Pratt Corporation, to provide millwork and displays items. We identified Pratt in 2006 as a major potential customer and have classified them currently as a strategic partner for 2008-2009. The millwork and display items we would provide would be on a grand scale primarily, but not limited, to the grocery store industry. Additionally, Expo may purchase high volume print and graphics work from Pratt at a preferred rate."
According to the Pratt Corporation's website www.Prattcorp.com , the company occupies over 375,000 ft, has over 300 employees and exceeds 60 million per year in sales.
The company also recently provided shareholders and potential investors a video tour of its production and facilities. These videos are available at http://www.youtube.com/user/EXPOHOLDINGS
Pratt Corporation is recognized for its expertise in the Development, Production, and Implementation of site-specific rollouts of graphic programs for retailers and brand marketers. Pratt is committed to making stores easier to shop and to helping retailers make smart decisions regarding their graphic and merchandising future.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
SOURCE: Expo Holdings, Inc
Posted by IMAKEMONEY on :
Expo Holdings, Inc. Enters Negotiations for Wal-Mart in StoreCasework
Jun 5, 2008 11:28:13 (ET)
NORTH WILKESBORO, NC, Jun 05, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company which wholly owns D&D Displays, Inc., is pleased to announce it has entered negotiations to provide Wal-Mart stores with casework.
James D. Brown, Expo Holdings CEO, stated, "We have entered negotiations for casework at several new Wal-Mart stores. We do not currently provide Wal-Mart stores with casework and are pleased to accept this opportunity to broaden our already strong client base. We believe that our work within Lowe's stores nationwide may have contributed to this outstanding opportunity to prove ourselves within Wal-Mart stores. While this is not glamorous work, casework is vital to a retail store's operations. This opportunity could significantly add to our already anticipated strong revenues in 2008-2009."
The company also recently provided shareholders and potential investors a two-part video tour of its production and facilities. These videos are available at http://www.youtube.com/user/EXPOHOLDINGS .
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
SOURCE: Expo Holdings, Inc.
Posted by IMAKEMONEY on :
Expo Holdings, Inc. to Begin Rollout for Kronotex USA, Inc.
Jun 11, 2008 10:16:20 (ET)
NORTH WILKESBORO, NC, Jun 11, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it has been awarded an additional product rollout contract with Kronotex USA, Inc. The combined flooring related product rollouts are expected to generate over $400,000 in revenue.
James D. Brown, Expo Holdings CEO, stated, "We are fortunate to be awarded this additional project by our long-term customer Kronotex USA, Inc. Kronotex is one of the world's leading producers of laminate flooring. This particular roll out order is for an additional 1500 plus displays. This is particularly important as our flooring related orders have been on the rise recently."
Mr. Brown also stated, "This rollout is in addition to the project previously announced on April 17th, 2008 ( http://www.marketwire.com/mw/release.do?id=845181 ). We expect to begin production on both projects within the coming month. We have been serving Kronotex for several years and our relationship continues to grow. Last year we completed over $425,000 in sales to Kronotex and based on our current projects, we now consider them one of our top ten customers."
Kronotex U.S.A., Inc. is a wholly owned subsidiary of the KronoGroup Switzerland. The KronoGroup exceeds over $1B in annual sales with headquarters in Lucerne, Switzerland. The Group also operates nine independent manufacturing companies in locations throughout Europe.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
SOURCE: Expo Holdings, Inc.
Posted by IWISHIHAD on :
I keep watching for them to stop dumping shares and then maybe entering but they seem to just unload more and more shares.
Posted by IMAKEMONEY on :
YEP I JUST BOUGHT 3200000 AT .0025
Posted by bungle on :
YEP I JUST BOUGHT 3200000 AT .0025
saw that was trying to get in at .0024 hopefully in the morning.. maybe even lower..
Posted by bungle on :
delighted i waited for the morning...big sell off friday.. looking for something to happen on monday.
Posted by stocktrader22 on :
Wow 30 million share dump....O/S is gotta be way up, big lies here.
Posted by IWISHIHAD on :
Here is an interesting update.
Expo Holdings, Inc. Provides Update Jun 16, 2008 12:13:00 PM View Additional ProfilesNORTH WILKESBORO, NC -- (MARKET WIRE) -- 06/16/08 -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company which wholly owns D&D Displays, Inc., provides a corporate update and comments on recent trading activity of the company's common stock.
James D. Brown, Expo Holdings CEO, stated, "There has been significant trading volume and a significant decline in the individual price per share of the company's stock. The company is aware of the activity and will monitor it closely. We believe fundraising by the company, a weak and jittery market and other market forces currently under review have contributed to the decline in share price in the short term. Furthermore, a person falsely representing me as the CEO, and also representing himself as our Transfer agent has tried to commit fraud and obtain or misrepresent the company and our transfer agent Guardian Transfer. The company and its transfer agent have decided to require direct requests for share structure information to be in writing addressed to the company via its transfer agent. The company will keep shareholders up to date as this matter is investigated."
Elson Soto Jr., President of Guardian Registrar & Transfer, Inc., stated, "In recent days, we have received numerous calls from an unknown individual representing himself as JD Brown, CEO of Expo Holdings. This same individual has also tried to represent himself as me in phone calls to JD Brown. Due to the nature of the relationship between Guardian Registrar & Transfer, Inc. and Expo Holdings, both parties were able to acknowledge the calls as fraudulant in nature and no information was compromised. In light of these recent events, I have requested that any and all request regarding information pertaining to Expo Holdings, Inc. will need to be faxed to Guardian and forwarded to Expo Holdings for comment. We apologize for this inconvenience as our first priority is to preserve the integrity of our client information."
Until further notice shareholders requesting information from the transfer agent will be required to fax a written request in order to receive information on the share structure. All requests should be faxed to (954)449-0582 or (954)449-0583.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Chad Sykes Investor Relations Email Contact
Posted by bungle on :
returning from the dead, looks like seeling is over makeing a small move today...
Posted by IMAKEMONEY on :
ITS A POS, JMO
Posted by bungle on :
one more good day in the books.. almost back to .0025.... closed at .0024...the high for the day..hehe
Posted by bungle on :
good news out starting to run...w00t w00t
Posted by bungle on :
hope u didnt get out money...
two thing in the pr looks realy good imo..
"We are patiently awaiting the overdue delivery of significant additional stock certificates from brokers in order to complete the retirement process"
"The company would also like to inform shareholders that the previously announced financing has been completed. The company successfully raised funds using a combination of both debt and equity. The funds were raised in support of pending and current contractual obligations."
looking real good for friday...w00t....
Posted by IWISHIHAD on :
I got back in a few days ago when it appeared they have stop diluting for the present.
This does not mean they will not pick up the dilution machine again.
I am watching the numbers and i will abandon the ship in a hurry if it looks like us investors are the bank again.
I have never understood what retiring shares does when the company continues to sell shares it just means the OS gets closer to the AS and we all know what that means in pinkie land.
Still hope she runs good and it has a chance "IF" they quit diluting.
Posted by Nile on :
might have some resistance at .004 but could break through ... will be watching!
Posted by bungle on :
dont call it a comeback....
more retiring shares news today..
they still have like 4 pr's out that are just up in the air.. so we shall see if they put some news out this week we could see .005 by the end of the week or start of next week..
Posted by TruthLiesWithin on :
Even so, 370,000,000 at say 2 cents is about 7 mill MC...
Not rediculous by any means...
Looks ripe to me...
Posted by TruthLiesWithin on :
I think this is the calm before the storm
Looking for small run eod.
Posted by IMAKEMONEY on :
BOOM TODAY! Posted by TruthLiesWithin on :
A nice end to the day.
I think it's starting to get exposure
Posted by bungle on :
is there room for one more flip...
looks like it...
Posted by bungle on :
5 months in the life of exph.pk
1st thing is 1st..
share price on 2/19/08 open .006 close.007 Expo Holdings, Inc. Retains Numarket Solutions to Provide Investor & Public Relations Tuesday February 19, 3:51 pm ET http://biz.yahoo.com/iw/080219/0363782.html
EXPH.pk: Numarket Solutions, Inc. has been compensated 625,000 free trading shares of Expo Holdings, Inc. by a third party for market awareness. All shares have been sold.
EXPH.pk: Numarket Solutions, Inc. is compensated $3,000 per month to provide Expo Holdings, Inc with Investor, Public Relations
Expo Holdings, Inc. Receives Financing Commitments Tuesday May 27, 3:13 pm ET
James D. Brown, Expo Holdings CEO, stated, "With the current weak market conditions we felt it imperative to find an alternative solution to our financing needs. The funds will be used to cover costs associated with the ramp up of our retail initiatives as well as support future upcoming contracts."
The company would like to also update shareholders on the previously announced reduction in shares. All paperwork has been signed and submitted by the company. The company's transfer agent is currently awaiting certificates from both Morgan Stanley and Wachovia Bank to complete the retirement. The company is retiring 5,260,000 shares of free trading stock and 187,268,400 restricted shares of common stock. Upon conclusion of this retirement 367,712,469 shares will be issued and outstanding with an effective float of 169,276,297 shares of common stock http://biz.yahoo.com/iw/080527/0400983.html
Expo Holdings, Inc. Completes Financing, Retires Outstanding Common Stock Thursday June 26, 3:22 pm ET
As previously announced in recent press releases, the company has begun retiring shares of its common stock. Within the past 24 hours 104,003,600 shares of common stock have been retired. Additional share retirements are expected in the near future.
The company would also like to inform shareholders that the previously announced financing has been completed. The company successfully raised funds using a combination of both debt and equity. The funds were raised in support of pending and current contractual obligations. http://biz.yahoo.com/iw/080626/0411027.html
Expo Holdings, Inc. Retires an Additional 229,040,000 Shares of Common Stock, Clarifies Share Structure Wednesday July 9, 1:20 pm ET
a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce today it has retired an additional 229,040,000 shares of common stock. In conjunction with the retirement announced on June 26th, the company has retired a total of 333,076,000 shares of common stock. The company expects additional retirements to occur. The company would like to state that the current issued and outstanding shares of the company are 347,358,619 with an effective float of approximately 294,686,047 shares.
so the whole time they, say we are retiring shares while they where nearly doubling the float...
well thats good news 2mil from fortune 100 retailer. and the stock tanks..hmmm why? float of approximately 294,686,047 shares thats why... this is a sell off and the cat was out of the bag on july9..
wow this news is huge at lesast 2 times bigger then anyone here thought..and nothing...it could not run and the only choice is to sell any many shares at these lvl's as they could knowing there trust whit investers has dryed up..
Expo Holdings, Inc. to Acquire Southern Candle, Inc. Wednesday July 23, 11:38 am ET where do u think there are going to get the money for this...could it be from the shares that came out of nowhere on july 21.. if u look up this candle maker from google maps it kind of looks like someones house...
soon u will see a PR like this one "Expo Holdings, Inc. Retires an Additional 229,040,000 Shares of Common Stock, Clarifies Share Structure" financing has been completed. the o/s is huge and the float is on the moon..
then this one will come out.. Expo Holdings, Inc. Retains Communications Firm to Implement Shareholder Relations and Market Awareness Program announced today that it has retained "a real IR company" to help develop and implement a comprehensive, long-term investor communications and market awareness program for the Company. program has been designed to replace the investor relations services formerly provided by Chad Sykes of New Market Solutions, Inc. "We would like to wish Mr. Chad Sykes well," added CEO. "We do appreciate his hard work and professionalism, and we thank him for assisting in the growth of Expo Holdings, Inc. http://studio.financialcontent.com/Engine?Account=bostonglobe&GUID=5513180&Page= MediaViewer&Ticker=RVGD
just not sure if the R/S will come before or after they replace New Market Solutions, Inc.
7/23/08 share price open.0023 close .0025
Financing to keep the lights on imo... money nailed it on 6-19-08
Posted by TruthLiesWithin on :
Why didn'yt you leave then instead of telling money you hope he didn't sell? late June?
This is a pink, don't most dilute to oblivion, and pull this crap on a regular basis.
Flipping is fun, you basically said it yourself.
I hope you at least made some money...
Posted by bungle on :
"Why didn'yt you leave then instead of telling money you hope he didn't sell? late June?"
the truth is hard to see somtimes...
Posted by TruthLiesWithin on :
It is shady i agree.
One can only hope the shares being sold are for a better cause then lining a pocket...
The ones that scare me the most are the share counts that have 9 zeros and a big number in front of them...
My broker laughed at me one day from a stock I had years ago, when it traded over 2 billion shares in one day. He said, that was higher than the NYSE total....
I got in at what I think is bottom here, so maybe EXPH will do something to get this moving a little, other than that,,,,it's only beer money....
Posted by bungle on :
this from exph so called professional IR co...
Another thing I get sick of hearing is "the company is selling stock". Hey, heres a news flash for you.. company's go public to raise money and that means they sell stock. The idea behind investing is to find a company that is building a solid company and in many cases that means they need to raise money in order to do so.
Just about every company on the NYSE and NASDAQ are selling shares. Ford just announced a 2nd quarter loss of $8B.. yes BILLION dollar loss. How do you think they keep the company afloat with an $8B loss?? They sell stock..
his reply will be along the lines of reading the BB's isnt DD and u cant blame me blahblah...
Posted by TruthLiesWithin on :
I never trusted supposed IR people, ever since the Lisa Blackstock of Kamloops BC GXXL fame..
Same stuff, maybe worse, and to the point where I actually had a file with the SEC and the FBI regarding that scam.
And not just e-mails, but a few phone calls with the FBI.
Too bad they couldn't handle that one....they said it themselves. So I appearantly these companies can and will scam away at free will....
Posted by stocktrader22 on :
Sorry to see what happened here guys, the company was solid, but obviously they felt like they should run a printing press. I got out a long time ago for some nice gains, but what a shame this penny game is.
Posted by 10of13 on :
quote:Originally posted by bungle: is there room for one more flip...
looks like it...
I grabbed some at .0021...last week...sold today at .0031... Not great...but it's still cash...third time in 6 weeks I "flipped" for change!
Don't hold it...play it!
Posted by bungle on :
nice,
there maybe room for more just have no idea what this is going to do tomarrow..whit that BS pr they put out at the close...very entertaining..
Posted by IWISHIHAD on :
This has been an okay flip lately.
Could run IF they back off on that share selling for awhile but that is old news.
The thing that keeps my running shoes on is that they seem to keep diluting, the AS is 1 billion, OS is suppose to be 503 million with 334 million retired recently. What happens when they make that magic mark of a billion which might be soon?
Posted by bungle on :
news today was ta ungagged..
CURRENT SHARE STRUCTURE AS OF 07/31/08:
Authorized: 1,000,000,000. same Outstanding: 406,637,329. good,called today.. Float: 294,686,047? need to write in for info?
may get a little run here...
Posted by IWISHIHAD on :
This one might have a chance now that they have stop diluting for awhile. Just have to see if they keep it that way.
Posted by IWISHIHAD on :
This one has actually been moving half way decent.
Posted by IWISHIHAD on :
Just hope this news about money will stop the dilution.
Seems to have stopped for several weeks now.
Getting quite a bit of play today. _________________________________________________
EXPH News Expo Holdings, Inc. Receives $1,000,000 Credit Fac...
News for 'EXPH' - (Expo Holdings, Inc. Receives $1,000,000 Credit Facility)
NORTH WILKESBORO, NC, Sep 02, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it has received an additional $1,000,000 credit facility through Commercial Capital Lending.
The $1,000,000 credit facility is through Commercial Capital Lending, a division of Crestmark Bank. The credit facility allows the company to finance against invoices and its accounts receivable. The company also has current credit facilities with both Wachovia and Southern Community Bank, bringing the total to $1.35M in current bank credit facilities.
James D. Brown, Expo Holdings CEO, stated, "This is another significant milestone for the company as we continue to expand the company's operations. This additional credit facility now allows us far greater flexibility when dealing with larger contracts. During tough economic times securing credit lines has been very difficult. However with our strong outlook we were able to secure this larger line of credit to assist us in financing this growth."
Additionally, J.D. stated, "Something that I feel is important to point out to shareholders and potential investors is that our credit lines are greater than our market cap. Simply put, the banks value us at a higher point than do the public markets. We trust that the markets will correct this undervaluation as the market improves."
The company currently has 439,423,442 shares outstanding down 13% from the 507,507,093 shares reported at the end of 2007.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact:
Chad Sykes
Investor Relations
Email Contact
SOURCE: Expo Holdings, Inc.
Posted by IWISHIHAD on :
Here is an interesting point in PR today:
"Additionally, J.D. stated, "Something that I feel is important to point out to shareholders and potential investors is that our credit lines are greater than our market cap. Simply put, the banks value us at a higher point than do the public markets. We trust that the markets will correct this undervaluation as the market improves."
_________________________________________________
Since investors have not seen the books like the banks have maybe that's why investors at this point have not valued it the same.
Usually investors will value the stock higher than the banks since the banks are usually harder on companies on true value, but again investors have to feel confortable that they are showing somewhat true books.
The good side at this point is that the banks had to see something pretty good in order for them to give a $1,000,000 credit line in these troubled bank times.
Again the key here will be if they have decided to stop diluting, if they have then this one will head back up where it was before and probably higher we will have to see.
Posted by IWISHIHAD on :
They got this one on a pretty good roll right now.
Posted by xray44b9 on :
Expo Holdings, Inc. Receives $300,000 Plus Surge in Short Term Orders
NORTH WILKESBORO, NC -- (Marketwire) -- 09/09/08 -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it has exceeded budget projections with a recent surge of short term orders. Short term orders (those orders that are scheduled to ship within a 2-3 week time frame) now significantly exceed $300,000.
Recent new order highlights:
Fortune 100 Retailer -- 11 new store packages valued at over $55,000 to ship by next week.
Fortune 100 Retailer -- 8 remerchandising packages valued at over $20,000 to ship by next week.
Harris Teeter -- 2 full store packages valued at over $36,000 and several merchandising fixtures valued at over $7,000.
Kronotex -- Over 800 display boards this week and next valued at over $30,000.
Residential tile displays valued at over $108,000 to ship within several weeks
The company has also received several commercial cabinetry sales orders valued at over $50,000.
James D. Brown, Expo Holdings CEO, stated, "We wanted to give our shareholders a 'snapshot' of what we are working on right now. As you can see we are quite busy and have over $300,000 in shipments scheduled for the next couple weeks. Additionally, we are in the first stages of our 22M milestone project. We expect to begin formal shipments on this project within 3-5 weeks. We conservatively expect over $250,000 worth of product for this project to ship by year's end. Shareholders are warmly invited to visit our facility and see what's in process and what we are preparing for.
There are many projects that we are working on, including our milestone project, which can be seen firsthand, but are difficult at best to portray via press releases."
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Home Depot, Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex USA, Black & Decker, Westinghouse and Stanley.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact:
Chad Sykes
Investor Relations
Email Contact
Posted by IWISHIHAD on :
This one's been hanging in there pretty good considering the penny market. We just need for the market to pick up a little more and this one should move up more rapidy.
Posted by xray44b9 on :
EXPH--Expo Holdings, Inc. Continues Open Market Buyback and Retirement of Common Stock Sep 10, 2008 12:25:00 PM
Email Story Discuss on ZenoBank
View Additional ProfilesNORTH WILKESBORO, NC -- (MARKET WIRE) -- 09/10/08 -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce it continues to retire shares it has acquired in the open market. The company has purchased 2,700,000 shares in the open market. The company will continue to purchase shares in the open market as funds permit.
James D. Brown, Expo Holdings CEO, stated, "I have instructed our broker, Morgan Stanley, to deliver the shares to our transfer agent for retirement. We feel that our current share price is well below fair market value. We will continue to purchase shares and retire them as cash flow from operations permits."
Since fiscal year 2007, the company has reduced its common stock by 13%. The company intends to release a formal letter to shareholders Friday, September 12th, 2008 at 4:00PM EDT. As always shareholders are warmly invited to visit our facility and tour our operations.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Home Depot, Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex USA, Black & Decker, Westinghouse and Stanley.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Posted by IWISHIHAD on :
This one is still moving up.
Hopefully it keeps on going and going and going like the Everready Battery. Posted by IWISHIHAD on :
This one is suppose to have some big news afterhours today, we will see.
Where is everyone on the stock side of the board?
We are going to have to wake everyone up it's pretty quiet over here.
Posted by IMAKEMONEY on :
NORTH WILKESBORO, NC, Sep 24, 2008 (MARKET WIRE via COMTEX) -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company which wholly owns D&D Displays, Inc., is pleased to announce it has been awarded a $2M contract for 35+ store fixture packages by a Fortune 100 Retailer.
Posted by a surfer on :
is it you....is it really you...
Hello 10!
Posted by IWISHIHAD on :
This one has more and more good news all the time, just need the market to pick up to hopefully move it along faster.
Posted by Lockman on :
The thing i have noticed here lately is that many stocks have a big spread between the ask and bid. This one is usually not the case.
If i put an open sell in i am getting a sale from $.15 to $10 quite a bit, if i put a all or nothing in i am pretty much getting nothing even though the stock trades higher with enough shares to take my order.
Think the mm's and brokers are having a tough time right now with the slower market and the rules that have been put in affect.
I do not know if it's just the stocks i am mainly into and watching or pretty much the whole penney market in general.
Hope we see a surge in the market shortly.
Posted by 10of13 on :
quote:Originally posted by a surfer: is it you....is it really you...
Hello 10!
Hmmm...Wait...let me check...Yep....Yep it is! How are you doing Mr. surfman!
I've been playing with this one a little over the past 3 or so months...and gaining about 20% with each flip..eh...it works.. Posted by IWISHIHAD on :
Expo Holdings, Inc. Provides Corporate Update Date : 10/08/2008 * 1:56PM Source : MarketWire Stock : Expo Holdings, Inc. (EXPH) Quote : 0.0022 -0.0002 (-8.33%) * 11:55AM
Expo Holdings, Inc. Provides Corporate Update
NORTH WILKESBORO, NC -- (Marketwire) -- 10/08/08 -- Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company which wholly owns D&D Displays, Inc., provides shareholders with a corporate update, and discusses strategy to protect the company against the current credit crises affecting global markets.
The company would like to reassure investors that its $1M credit facility with Crestmark remains intact and unaffected by the current credit crises.
Overall, the company still has sufficient access to credit to keep its incoming orders flowing. The company's milestone project has its first deliveries scheduled for October 15th totaling over $100,000.
The company will reduce debt through the issuance of up to 20,000,000 shares of common stock. The reduction in debt will strengthen the balance sheet and reduce exposure to future tightening of credit.
The company has also entered into negotiations with an institutional investment firm, which has shown interest in acquiring a 51% controlling stake in the company through restricted preferred stock. The company will provide more details as negotiations proceed forward. Existing shareholders have the highest consideration in these negotiations. This agreement is still in the early stages of negotiations and is not near any decision point by the company.
James D. Brown, Expo Holdings CEO, stated, "I have spoken personally to the Vice President of Crestmark; our $1M line of credit remains intact and secure with no loss or reduction expected. I also want to reassure our shareholders that our outlook continues to remain very strong in light of the current credit problems facing our Nation. The investment firm we are negotiating with already has a substantial position in our common stock.
The closing of this deal could have a significant positive impact on the company. It will also give us the working capital needed to launch our expansion plans and seek a listing on the OTC-BB. I do apologize for the delays in providing audited financials, but the company decided to tighten its spending until a clearer financial horizon could be obtained."
Additionally James D. Brown stated, "We will continue to closely monitor the current credit crisis and financial markets. We will update shareholders immediately on any positive or negative impact on the company as a result of credit conditions."
Posted by IMAKEMONEY on :
NORTH WILKESBORO, NC -- (Marketwire) -- 07/27/09 -- Expo Holdings, Inc. (PINKSHEETS: EXPH) announces shareholder conference call.
The company will be conducting a shareholder conference call on July 28th, 2009 at 10:00 am ET. Shareholders are invited to attend in person, or call in via: 1-800-615-2900 code #17268.
James D. Brown, CEO, stated, "The Company is pleased to conduct a conference call with its shareholders. We have entered a period of increased business opportunities and significant events have occurred since our last conference call. The company will provide additional sales guidance, updates on current projects, and of course answer any shareholder questions.
Due to the number of anticipated participants, each shareholder is limited to one question. You may also email any questions to sales*dddisplays.com and we will try and address them during the introduction."
Posted by IMAKEMONEY on :
Good stock to watch if your not watching now and see what happens when their "new product" is released in the next few week.
Posted by Ticker on :
Expo Holdings Inc. Issues Update Aug 3, 2009 10:00:00 AM
NORTH WILKESBORO, NC -- (MARKET WIRE) -- 08/03/09 -- Expo Holdings, Inc. (PINKSHEETS: EXPH) issues update.
Shipment to nearly all Lowe's Home Improvement Warehouse locations has begun.
James D. Brown, CEO, stated, "We are very pleased to update our shareholders further regarding our 07/07/09 press release. We are starting shipment to nearly all Lowe's retail locations. Originally we intended to only ship around 1400 stores, but this was modified to exceed 1600 shipments. This project will take some time to complete. Shareholders who were present at the company's recent conference call, or who visited the company's web-cam were able to view some of this product, packed up, ready to ship. The company will update shareholders further at a later date."
The company is operating under non-disclosure agreements and this press release meets those standards.
Brown also stated, "We are very excited about our new proprietary product and would like to make additional statements. The company expects to release generalized information to the public, including video, web, and print media within the coming weeks. Presentation to a select leading Hardware/Home-center has already been made."
Posted by Ticker on :
Expo Holdings, Inc. Chooses Two Finalists for Naming/Branding of New Proprietary Consumer Produ
NORTH WILKESBORO, NC -- (Marketwire) -- 08/06/09 -- Expo Holdings, Inc. (PINKSHEETS: EXPH) has chosen two finalists in the naming/branding selection for its new proprietary consumer product.
Moving Ideas, Inc. -- a marketing and brand communications agency based in Huntersville, NC -- recently presented 10 outstanding name and branding selections for the company's new proprietary product. After all were considered, the list was narrowed down to the final two. Both are ready for trademark application and would offer excellent brand development potential.
"We are progressing rapidly with our branding strategy. We will soon unveil our new product to the public, and expect a warm reaction from the retail market. Next week we will be shooting an informational video about our new product. We're busy designing the set and preparing for this significant milestone," said Expo Holdings CEO James Brown.
Jenny Moates, President of Moving Ideas, Inc., said, "While I was confident in all of the names presented, the two that were selected are the strongest. When considering branding, you want to choose a name that is easy to pronounce and memorable, and both of these are. When we develop names for a consumer brand it's important to create something original and that speaks to the product's unique benefits. We are pleased with the direction and will continue to move the branding initiative forward."
Additionally, Brown stated, "Our new consumer product will be introduced to the public in the next few weeks and we anticipate retail availability in the coming months."
About Expo Holdings, Inc.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and Lowe's Companies. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Expo Holdings, Inc. (PINKSHEETS: EXPH) and its wholly owned subsidiary, D&D Displays, Inc., prepare for New Project.
James D. Brown, CEO, stated, "Last year, the company completed over 100 test fixtures currently in use at Home Depot locations throughout the mid-south. After many delays associated with the economy, the success of these fixtures and the product they merchandise has become evident. This has led us to the next phase of our relationship which is broad market implementation at Home Depot locations nationwide. The value of these fixtures exceeds $400.00 each. The company expects to make further announcements in conjunction with comments from our valued customer in the very near future."
Additionally, Brown stated, "We are nearing a point where we can release a firm date for the reveal of our new proprietary product. We will make this announcement in the near future."
About Expo Holdings, Inc.
Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and Lowe's Companies. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.
Contact: J.D. Brown D&D Displays, Inc. 336-667-8765
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