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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.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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"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?
Posts: 3875 | From: ca. | Registered: Jul 2005
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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.
Posts: 3875 | From: ca. | Registered: Jul 2005
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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.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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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.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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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
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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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.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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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.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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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.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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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.
Posts: 3875 | From: ca. | Registered: Jul 2005
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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
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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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.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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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.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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I keep watching for them to stop dumping shares and then maybe entering but they seem to just unload more and more shares.
Posts: 3875 | From: ca. | Registered: Jul 2005
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delighted i waited for the morning...big sell off friday.. looking for something to happen on monday.
Posts: 29 | Registered: May 2007
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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
Posts: 3875 | From: ca. | Registered: Jul 2005
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