SPEAKING OF EARNINGS NEXT WEEK IT REALLY DOESN'T MATTER if earning are a little worse,the same, or a little better.
Even at .0001 nobody wants this stock. Why would they? Let's do a little math? To get this company out of the hole sales would have to improve DRAMATICALLY! At least double. These are numbers that the CEO gave to us. The company had about $275,000 in sales last year. That averages out to an average of about $753 a day in sales. No, that's not per store, that's TOTAL sales world wide. Now the company doesn't make ANY products so out of that $753 they have to pay someone else to order the products, they have to pay another company to mix the products, they have to pay another company to fill the bottles, they have to pay another company to label those products, and then they still have to pay another company to ship those products. That just takes care of the product but they also have to pay the wages for the staff and Winning Brands, they have to pay rent, utilities, car expenses, attorney fees, etc.
So out of the $753 in daily sales the company in Michigan that makes the product gets a huge share of it before Winning Brands even gets their hands on it. That's why the company had about $275,000 in sales last year and it cost between $550,00 and $825,000 in operating cost for those $275,000 worth of products they sold.
So while sales average about $753 a day WORLD WIDE it cost the company between $1506 and $2259 a day in operating cost. Now you can see why the stock is at NO BID and why ERIC is FORCED to do the RS, beg shareholders for money, sell stocks at a discount and whatever he can to keep the doors open another day so he can go another $2200 in the hole.
