Shareholder News:
| 8/30/2010 6:56:03 PM | ||
| As of today, the company has submitted the necessary paperwork, and paid the $4100 fee (including $500.00 in application fees) to Pink OTC Markets Inc. The company expects to soon begin releasing its financial reports in a timely manner. The company will be unable to meet the September 1st target date to become current with Pinksheets.com; however, it expects to proceed with the financial filing process as soon as the company receives specific information along with the RSA security device from Pink OTC Markets Inc. | ||
| 8/30/2010 9:43:41 AM | ||
| The company recently paid off two large equipment related debts, one with BB&T and one with TCF Equipment finance. The company anticipates continued debt reduction in anticipation of a stronger balance sheet at the end of 2010. It is vital to the company to have an attractive balance sheet by January 1, 2011. | ||
| 8/11/2010 4:02:00 PM | ||
| The company is proceeding with it's production of Cima brand cabinetry. The
company is producing, shipping, and billing just in excess of $4,000 per day
worth of this product. The company is adding additional equipment, including but not limited to, a heavy planer, a heavy belt/drum sander, and a new dedicated rip/table saw. These items will be purchased from cash on hand, and no debt will be incurred, nor will any fundraising be necessary. With the delivery of this extra equipment (expected in the next 5 business days), and a few new team-members, the company intends to ramp up production of Cima products by 25% in the next two weeks. The company also expects to double current production within 30 days. The company currently has a 90 day plus backlog of orders for Cima brand products. While the company has met short term sales goals, the company has not met short term production goals regarding the Cima brand. The company is now making the aforementioned necessary infrastructure investments to meet it's business plan. Long term, the company's goal is to ship $30,000 per day worth of Cima brand cabinetry on a consistent basis. Shareholders are cautioned that this goal, while attainable, will most likely not occur in 2010. Shareholders should not expect significant profits related to the Cima brand in 2010. Shareholders should expect continued significant growth of this brand in 2010, and a significant contribution margin related to this brand. Additionally, the company will be opening a new Cima showroom located in our facility at 116 Shaver Street, North Wilkesboro, NC. This showroom will be open to the general public, contractors, and existing customers. Information regarding completion of this showroom, and other planned showrooms will be announced. |
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| 7/15/2010 4:03:30 PM | ||
| Currently the company’s order file (orders in house) exceeds $500,000, with
additional orders pending this week. Production of the company’s products
will accelerate over the next 45-60 days as we fulfill orders for such
customers as Lowe’s Companies, East Coast Millwork Distributors, GTO Inc.,
Kronotex, Clarion, Tarkett, Harris Teeter, and notable others. Shareholders who would like to see some of these products in production are always welcome to stop by and visit us at 116 Shaver Street, North Wilkesboro, NC 28659. |
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| 6/21/2010 4:39:14 PM | ||
| "On behalf Ebenezer Christian Children's Home I would like to take this
opportunity to thank Expo Holdings for your recent act of kindness to our
home. Your willingness to assist in the completion of the cabinetry for the
Joe Severt Foster Home means more than words could ever say. This home will
be a safe place for children in need, and we are so thankful for your
kindness in helping to make this home a reality." Jean Davis, Executive Director Glenn Harrs, stated, "If you would like to make a donation to the Ebenezer Christian Children's home, please contact them at 336-667-5683. The home would appreciate any support." |
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| 6/14/2010 6:10:28 PM | ||
| Significant progress regarding Cima brand cabinetry has been made over the past 5 business days. The company continues to ramp up production with an expected $50,000 in shipments to be made in the remainder of this week. The company continues to expect accelerated growth for the next 60-90 business days and will update shareholders accordingly. Demand appears to be stabilizing for D&D Displays, Etc. Cabinetry, and our newest brand Cima. | ||
| 6/11/2010 10:26:11 AM | ||
| The company has successfully transitioned approximately 14 team members from Builder's Choice to the Expo family. Shareholders should expect our team to grow further in the next several days. This process is time consuming as the company is methodically adding support personnel as departments expand. A grand total of expansion by 19 team members is expected to handle the additional workload. Cima Cabinetry orders are now shipping and installing on a more frequent basis. Installation of several jobs is in progress, and heavy manufacturing continues. | ||
| 6/8/2010 10:44:20 AM | ||
| Expo's subsidiary D&D Displays, Inc. has begun production of mdf cabinet
doors in a wide variety of styles for residential / commercial use. Team
members recently gained from Builders Choice perfected this process and have
brought this process to our plant. These doors will be used in conjunction
with Etc. brand products to enhance variety and control costs. These doors
along with a quality finish are nearly indistinguishable from solid wood
doors. As always, shareholders are warmly invited to visit our facility and meet our team. Contact us today at 336-667-8765 to schedule your visit. |
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| 6/4/2010 1:44:02 PM | ||
| The company has successfully completed its first delivery of premium quality cabinetry products. Additionally, installers are working today on completing the second shipment. Integration of highly skilled craftsman from the Builder's Choice team is proceeding according to managements expectations. Nine new team members are in place and up to 10 more are expected by next week. | ||
| 5/18/2010 9:35:30 AM | ||
| The company has purchased 2.4 million common shares of Exph. The shares will be sent to the companys transfer agent for retirement. | ||
| 5/17/2010 3:44:28 PM | ||
| A Deputy Inspector for the NCDOL (NC Department of Labor)visited our facility today(5/17/2010), and found no (ZERO) violations, and or additional permitting needs. The visit was not scheduled and was unexpected. After reviewing for potential issues, the Deputy Inspector 'signed us off' with no (ZER0) violations. The company expects another visit in 2011. | ||
| 5/17/2010 11:28:22 AM | ||
| Expo Holdings, Inc. is pleased to announce that is has chosen Global
Hardlines LTD. (GHL) as its sourcing and procurement partner. GHL has been engaged to provide sourcing solutions regarding certain products in the Etc. (Easy Transitional Cabinetry) product line-up. Charlie Brown, GHL, Stated, "GHL's framework of sourcing entails identifying, evaluating, negotiating and configuring supply across multiple geographic regions to reduce costs for the Expo team. We will tap into our resources to deliver great speed to market benefits while delivering the quality Expo Holdings demands." Glenn Harrs, President, Stated, "We have served Charlie in the past as a Director with Lowe’s Companies, and we are excited to utilize his import expertise in sourcing certain portions of the Etc. program. In order to meet our customers margin demands, we will manufacture the ‘bulky’ portions of the cabinets in our facilities stateside, and will utilize GHL’s team to supply the importable product from overseas. Final assembly of most Etc. products will occur here in the United States." According to GHL’s website globalhardlinesltd.com, they have offices located in the US, Hong-Kong, and China. |
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| 5/12/2010 2:50:27 PM | ||
| By utilizing funds raised publicly, as well as funds from cash flow, the company has acquired an additional finishing booth to assist the company with it's upcoming finished product demand. This finishing booth measures approximately 13ft Wide X 23ft Deep. Products such as ETC. face frames and doors will be finished in this booth, along with other custom type products. This spray booth will increase the company's capacity to levels acceptable for increased finished product production. The booth is on site now, and the company anticipates installation in the very near future. | ||
| 5/12/2010 9:12:00 AM | ||
| The company has increased it's authorized shares to 2 billion from 1 billion 350 million. Over the next 60 days, the company intends to raise slightly in excess of $100,000 via it's equity. Shareholders should expect the outstanding shares to increase accordingly. Further announcements regarding continued financial restructuring, company contracts, and management changes should be expected. | ||
| 5/11/2010 3:45:18 PM | ||
| Via our web-cam link located on this page, shareholders may view a cash wrap being constructed. This cash wrap is one of the larger fixtures we produce, and is part of a larger order for this customer. Later this week, we will deliver this fixture. | ||
| 5/5/2010 1:29:02 PM | ||
| The company is pleased to notify shareholders that production of grocery and grocery related store fixtures continues. On Thursday April 15, 2010 the company announced that large scale production of grocery fixtures had begun. After successfully completing a complete new store package shipped the week of April 19th, our company was awarded another complete new store package which is scheduled for shipment within the next few weeks. Further, the company has received and shipped several smaller orders for this customer. This is a year long plus project, and further updates will be provided. | ||
| 5/3/2010 2:22:01 PM | ||
| Effective May 3, 2010 at 5PM Eastern time, James D. Brown, CEO, will officially step down from the company's highest position. Glenn Harrs, President, will temporarily assume the company's top position. Preparations to ensure a smooth and seamless transition to a permanent CEO are ongoing. Additional formalized announcements should be expected. officially step down from the company's highest position. Glenn Harrs, President, will temporarily assume the company's top position. Preparations to ensure a smooth and seamless transition to a permanent CEO are ongoing. Additional formalized announcements should be expected. | ||
| 4/14/2010 1:42:10 PM | ||
| The company has recently issued shares in support of its 2010 business plan. The company has a significant debt load, however, it is making progress. The company has two leases / loans related to equipment, one with BB&T and one with TCF Equipment Finance. The TCF agreement (originally over $250,000) has less than 10 months remaining at approximately $5,000 per month. The BB&T Agreement (originally over $191,000) has 5 months remaining at approximately $3,000 per month. The company intends to use additional capital to accelerate the payoff of these two major pieces of equipment. Once these two aforementioned loans / leases are paid in full, the company will focus on debts to individuals and organizations that have provided essentially "unsecured" loans. Resolution of these debts is critical to the company's plan to have a strong balance sheet by December 31, 2010. Further, the company has recently completed it's loan agreements and now owns outright 3 of its forklifts, and all of its other material handling equipment, including conveyers. All of these actions and intended actions are to strengthen the company's balance sheet. All of these actions and intended actions are in anticipation of a larger restructure of the company's credit facilities. The company expects lower operational costs and a lower selling, general, and administrative cost as a direct result of the elimination of this debt. The company has no intentions of executing a reverse split of its common stock. Shareholders should expect product placement announcements once material events have occurred. |
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| 4/12/2010 3:47:06 PM | ||
| The company has raised its authorized shares by 250,000,000 shares for a total authorized of 1,350,000,000. This action was not taken without serious thought, as the company recently raised the outstanding by 100,000,000 million. Several issues facilitated this increase in such an untimely manner. The company expects to release information further defining the need for this increase when material events occur. |
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| 4/9/2010 1:57:38 PM | ||
| The company has completed 18 displays for use in Lowe's stores located in Canada. These flooring displays are visible in all of the Canadian Lowe's stores and wear the "Proudly made by D&D Display's" gold label. These products are part of a larger program to be completed in the US. | ||
| 4/2/2010 9:33:22 AM | ||
| Efforts have resumed regarding the company's previously announced 2008 "Milestone" project. While this project had been delayed by the end customer (presumably due to prevailing economic conditions), it was not cancelled. The company expects to resume heavy shipments. This project, provided no additional delays are encountered, will most likely be the largest scale and sales volume project in the company's history. Since this project is multi-year in nature, shareholders should not expect swift completion of this project. The company is operating under a non-disclosure agreement signed in 2008, however, the company expects public disclosure of our customer (with customer consent) as part of the traditional bank financing package that will be required for this project. The company will seek increased credit from Crestmark bank to support this project. |
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| 3/30/2010 3:42:08 PM | ||
| On March 29, 2010 the company completed restructuring it's current line of credit with Southern Community Bank and replaced it with a new note at the same bank with 7% interest, and an interest only option. To guarantee the loan, Glenn Harrs, and J.D. Brown signed personally as well as for the company. The original loan was guaranteed in the same fashion, by the same shareholders. The company will seek to restructure additional existing debt to more favorable terms as the company continues forward with its business plan. | ||
| 3/25/2010 1:49:11 PM | ||
| The company has negotiated replacement of an existing loan by receiving a new loan in the approximate amount of $250K from the same bank. This loan is non-dilutive, has favorable rates, and has a 6 month interest only option. Our closing is set for Monday March 29th. Southern Community bank, the source of the original and new loan is a valued lender as the company continues to move forward with it's business plan. Earlier delays regarding this new loan were due to notifications that D&D, along with thousands of other NC based companies, received from the State of North Carolina Department of The Secretary of State. In the letter from the Secretary, it stated we were in jeopardy of "Administrative Dissolution" due to not completing certain documents and not paying the $20.00, online fee. The company was already, and currently remains, in compliance with all known NC requirements. After successfully documenting this to our creditor a final approval to close on Monday was given. Additionally, our accounting firm, is working to clear matters up with the Secretary of State. |
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| 3/23/2010 2:03:27 PM | ||
| A shareholder representing over 50,000,000 common shares of the company has tendered an offer for the controlling interest in the company at a 25% premium to market valuation on a specific future date. Accordingly, a maximum cap to the offer has been also placed by the shareholder. This statement is intended to inform shareholders of the offer. | ||
| 3/22/2010 9:08:02 AM | ||
| The company is preparing for an upcoming "open house" event. At this event tours will be available, however, the primary focus will be the demostration of our etc. Easy Transitional Cabinetry line. What makes this event unique, is that certain non-competative retailers, commercial customers, and distributors will be invited as well. All are welcome, however, a RSVP will be required along with a photo ID, and confirmed contact information. One random lucky participant will be remodeling our showroom kitchen. In this process, assisted by one of our staff, the participant will transition both upper and lower cabinets for the entire kitchen in 30 minutes or less using our proprietary system. This same lucky participant will receive a kitchen makeover compliments of the company (certain conditions apply, see company representative for more details). The dates for this event will be announced in the near future. Please make plans to attend. | ||
| 3/17/2010 11:18:50 AM | ||
| James D. Brown, CEO, stated, "I will be stepping down as CEO on May 1, 2010, and will intensely focus my time and attention on the sales and marketing portion of our business. During the recent 2-3 year nationwide economic decline, good decisions as well as mistakes have been made by the company at my direction. I alone am responsible for those mistakes and for the company's performance. At all times, I have had the company and it's shareholders interests at heart. I serve at the pleasure of the Board of Directors who has unanimously (including my vote), came to this decision. Just for the record, to my knowledge, the company has always been honorable and is under no SEC or any other legal type investigation. This decision was based on numerous factors including but not limited to, profitability, growth, shareholder input, investor input, and shareholder value. I will pursue my new position with dogged determination and will leave the company helm in more than capable, experienced hands. The board of directors feels that 'new blood' is needed to spur growth, ingenuity, and to build shareholder value without the burdens of the past. Additionally, it is important to point out, that all insider shares (Glenn Harrs, James Brown, Karl Malone) remain restricted, and no applications for removal of a restriction has been made or will be made in the foreseeable future. I will continue to serve in my position as a member of the board of directors. This transitional process, and this announcement, should be viewed as a positive event, as it is entirely undertaken for the benefit of our shareholders. As recently as today, I have received numerous offers for the entirety my holdings in the company, all of which I have declined. I continue to feel we are grossly undervalued." Candidates for the company's top position are currently under review. Glenn Harrs, President, stated, "Transitional periods are always tough. James is a life long friend, and a great leader. This decision was mutually decided in the interest of our company and it's shareholders, and in no way reflects negatively upon him. We are entering a new economic period, with new economic conditions and we believe new talent is needed to assist us in structuring for growth, and the promotion of our new brand etc. Easy Transitional Cabinetry. As the company moves forward towards complete transparency, and potential uplisting events, a successful candidate with leadership experience in the OTCBB arena is required. On a separate topic, we just wrapped up several orders for Harris Teeter and are working on several more. We are also nearing the finalization point with two companies on projects that are very significant. We expect to be releasing updates concerning these two projects in the near future." |
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| James D. Brown, CEO, Stated: | ||
| 3/10/2010 10:25:50 AM | ||
| The Company has decided to cancel its efforts to issue a private company dividend. Expo Holdings, Inc. will instead focus its attention on operating a division under the parent company Expo Holdings, Inc. James D. Brown, CEO, stated, "After careful consideration, the board of directors has agreed, to cancel any efforts to issue a private company dividend. Unforeseen difficulties in this process have prompted this final decision. Originally, the company intended to raise funds privately." Yesterday, the company submitted the necessary documents to raise its authorized shares by 10% to one billion one hundred million. The change was submitted in anticipation of the need to raise capital to support it's 2010 initiatives which now include the etc. Brand. Additionally, 10,607,782 shares have been issued to a private investor. The current shares outstanding is 1,000,000,000. Guardian Registrar & Transfer, Inc. our transfer agent may be contacted after today at 954-915-0105. The company anticipates meeting with several current shareholders to arrange additional private placements. Shareholders are cautioned that the company continues to anticipate volatile sales and performance in 2010. |
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| James D. Brown, CEO, Stated: | ||
| 3/2/2010 9:09:37 AM | ||
| Window World, Inc. of Wilmington will now not carry etc. brand products, as stated in yesterdays press release. Further updates to be announced. | ||
| James D. Brown, CEO, Stated: | ||
| 2/16/2010 10:44:59 AM | ||
| I would like to thank Thorsport racing for all of their fine work leading up to the NASCAR Camping World Series season-opening NextEra Energy Resources 250. While we were frustrated that both of our trucks were eliminated in the opening moments in a crash not of their making, we were very pleased with the exposure our brand received. We were able to begin many relationships in the days at Daytona and look forward to working with Matt, Duke, Pepper, Landon, and Johnny in the future. Additionally, a continued results driven B2B relationship with Thorsport racing is expected into the foreseeable future. | ||
| James D. Brown, CEO, Stated: | ||
| 2/10/2010 1:37:41 PM | ||
| For Friday's Camping World truck series Daytona race, sponsoring the #98 Chevy driven by Landon Cassill and Co-sponsoring (with Tim McGraw) the #13 truck driven by Johnny Sauter is a great first step in raising brand awareness for etc. (Easy Trasitional Cabinetry), and for increasing the visibility of our easytoinstall.com website. We believe both the #13 and the #98 trucks could be contenders for a win at Daytona. Please join us Friday in cheering on Landon in the #98 easytoinstall.com / Southerncandle.com truck, as well as Johnny in the #13 Tim McGraw / easytoinstall.com / Southerncandle.com truck. | ||
| James D. Brown, CEO, Stated: | ||
| 2/10/2010 1:36:34 PM | ||
| The 2010 NASCAR Camping World Truck Series kicks off with the NextEra Energy Resources 250 at Daytona International Speedway on Friday February 12. The first practice is a 90-minute session scheduled for 6 P.M. on Wednesday February 10, with the final two-hour session slated for Thursday February 11 at 9 A.M, both televised live on SPEED. The 36-truck starting field will be determined in two-lap qualifying runs at 6 P.M. on Thursday evening, also live on SPEED. The eleventh annual NextEra Energy Resources 250 will go green shortly after 8 P.M. on Friday night; it can be seen live on SPEED and heard live on select affiliates of the Motor Racing Network and on Sirius NASCAR Radio Channel 128. | ||
| James D. Brown, CEO, Stated: | ||
| 2/8/2010 9:44:38 AM | ||
| The company continues to prepare for a retail implementation of ETC. (Easy Transitional Cabinetry). Due to circumstances beyond our control it will be delayed for some undetermined period. Discussions continue with one home-center chain regarding our ETC. product. Production of ETC. brand cabinets for commercial use will continue as scheduled. Additionally, truckload quantities of our ETC. product will soon be available through two step distribution. Additional details regarding distribution channels will be forethcoming. | ||
| James D. Brown, CEO, Stated: | ||
| 2/4/2010 12:26:14 PM | ||
| Along with other orders, the company is working to fulfill a large group of orders for use by Lowe's Companies Inc. Shipment should begin as early as today. The orders are to be shipped to over 1690 locations and include over 6770 flooring displays. The anticipated shipments for the next 3-5 business days exceeds $60,000.00. Check out our web-cam later today (and for the next few days), and you'll be able to see a small part of the manufacturing process for these displays. Visit us and see the whole process. If you would like to view these completed products in person, check back here in a few weeks and I'll leave a note on where they are installed in the retail locations. The company continues to execute its 2010 business plan. Those plans continue to include an anticipated spin-off dividend and the first retail implementation of ETC. (Easy Transitional Cabinetry) brand cabinets. Both of these tasks have proved to be more complicated than we originally thought. I personally made the error in estimating the time frames, therefore, I alone deserve the blame for the delay. We will not issue an anticipated time frame for completion, nor will we issue anticipated time frames in future. I have decided that a new philosophy regarding material events, will be adopted by Expo. That philosophy includes only releasing press releases when a material event has begun, or as an update, and or completion of a material event. It may surprise many to know that we do not consider the receipt of an order a material event. Orders can be cancelled, customers can go out of business, orders can be delayed (in this economic environment it happens frequently). We consider the start of the order a material event. Shareholders should expect continued sales volatility as economic conditions nationwide continue to be unpredictable. This forum will be used on a regular basis to communicate with Expo's valued shareholders. | ||
| Welcome | ||
| 2/2/2010 11:01:44 AM | ||
| Welcome to our shareholder update area. Here you will find updates regarding our company, it's products, and our customers. | ||
| James D. Brown, CEO, Stated: | ||
| 2/2/2010 10:56:44 AM | ||
| "We would like to thank Stanley Black and Decker for choosing D&D Displays for its most recent nationwide retail implementation. To date we have shipped over 10,152 (ten thousand one hundred fifty two) display inserts, to over 1692 (one thousand six hundred ninety two) stores." | ||
| John Butler, VP Sales, The Stanley works, commented: | ||
| 2/2/2010 10:01:41 AM | ||
| "D&D did a great job, and we appreciate their dedication to our project, and to our company. D&D was very quick and responsive when additional needs came up. I look forward to working with them again in the future." | ||
About Us | Phone: (336) 667-8765
| Contact Us | ©2010 Expo Holdings, Inc.
These statements may include 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 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. Investment in pinksheet stocks is risky. You may lose some or all of your investment in Expo Holdings, Inc.