Hello to all here at the Winning Colours board. I have read you posts and find them to be very good and well informed. If you dont mind I would like to share my views on this stock.
The most important one is that if you are here now and expecting to see some movement or some large spike in the PPS that is not going to happen. Most likly not until Q2 of 08. As has been pointed out in the posts here, there are approx. 500 share holders of this company and 98% of them are longs...some of which are long with out the intention of being long but because of the decline in the PPS they are forced to wait. The continued selling is not coming from us. The company is at the present time diluting shares into the market. But for this company unlike most pinks its for operational reasons that have a long term positive effect on us. There is no real desernable income from the limited sales they currently receive from Winning Colours. The profit they are earning from the Canada opperations is eaten up in administrative and operational costs. Throw in the costs for building a distribution network for the U.S and you are operating at a loss. The dilution has been slow and calculated and in the long run will not have that much of an effect when the stock begins to move. The important thing is they are not selling this company to a debt machine to achieve their goal. The stock should begin to move up after the first of the year when they move into Phase 2 of their operational plan. That is where the new head of marketing comes into play. With her experience in dealing with large dollar accounts she will be invaluable.
Someone mentioned Wal Mart..which is understandable considering Wal Mart is brought up in her bio. But all of this is not being done for Wal Mart but for Home Depot. A little over a year ago when Winning Brands landed Home Depot in Canada everthing they have done is to end up in Home Depot U.S.A. They have put in a national independent distribution network accross the country and when they are able to announce that over 2,300 Home Depot stores will begin to carry Winning Colours your color will turn to GREEN as in GREEN BACKS. Once Home Depot is locked up the donmios will begin to fall. Home Depot, Lowes, Sears, and Wal Mart. 60% of all paint sold in the U.S comes from those 4 company's. It has taken Eric and company over a year to get Phase 1 completed. If you check the web page and see the dollar set up for each phase after you will see that those phases will tumble fast. Phase two is for revenue of 1 to 3 million dollars, then phase 3, 4 and on up. These phases can and will be accomplished much more rapidly then what it took phase one to get completed.
If you are holding this stock for a short term gain, you have a problem, if you are long, and are just adding to your position as the PPS moves down to a settling price then you have a winner. We all have to wait just a few more months in my opinion before this echo tree begins to bear fruit. Thank you for your time and good luck trading this and all of your investments.
TG
