"If that is the case...how does ANY company 'start up'?..."
PALEEEEEEZE... After 9 years and millions of dollars that went where???? Can you fill us in then how this company that is trying to compete in a space with a product that is NOT UNIQUE enough and has branded names of trust instilled and established... what happened then to 9+yrs of money he spent DD?? It's not about not having the money...never was. He had enough. The problem they have is planning executing and talent to work within a financial plan there was money for at a given period of time. You can't be a respected CEO in the financial community when you get caught at the measured ineptness he has been self inflicted and expect anyone with the ability to fog a mirror to back this product and mngmnt.
Now this new distraction... come onnnnn its and age old problem that every Hotel/motel/bates hotels of the nation are on with AGAIN branded names addressing this short term and long term. There are on the shelf and TV adv solutions (sprays) right now that are tried true tested and being marketed. They know how to take a new product to the market. Eric as it has proven cannot and is not the solution to anything but causing shareholder misery with a product a few like. Numbers don't lie... 9 yrs and 245k in sales... I'm telling you that the girl scouts going door to door will do more in 1 day than Eric could in 9 years.
So there is a lot of accountability owed many here as to what he did with that money... because 245k in sales is not anyone's idea of doing even a pathetic job with you're homerun thought of product that has been talked up here short of being a cure for cancer.
How many feeble attempts at trying new angles in product use and alliances are going to be talked about before we get to the core problem...THE LEADERSHIP? We had the undisputable knock out punch with the GSA contract, the deskunking of pets, the infamous tin man solution to cleaning your siding.. the wood flooring markets you yourself went to great lengths to show how nail polish removal works, This CEO has no clue how to market, sell, lead, and money manage. You can't provide one measureable result that can show proof of his abilities to be running this company...NONE. So how does one back a security with that kind of CEO at the helm???
Also, To mention WNBD in the same breath as EXXON etc... really??? oil, technology,etc.... all products success stories and companies growth starts with leadership, execution and great planning and a strong relationship with the financial community and walking in the door with a respected balance sheet proving their worthiness to growth funding. WNBDS CEO? not so much.
Chin Up!
