Winning Brands Corporation (WNBD)

[doogdilinger]

Yep the only product WNBD manages from its entire stable of product offerings that's even targeted for the average consumer is 1000+ stain remover...and it's been available for the past 40 years already under both the public company WNBD name and the former private company name Niagara Mist Marketing which was doing biz as The Soap Factory!

And in all those 4 decades WNBD's CEO actually lost -40% of the previous market share his 2 lead salesmen lorne and patricia had attained about 3 years ago!

And their longest serving account Home Hardware Canada was attained by the previous private company owner Bob Prentice way back in 1999!

So in a nutshell Eric Lehner "manages" an entire suite of products that don't even appeal to the majority of consumers because they're all too market niche specific except for 1000+. And that 1 product(1000+) that does and/or could appeal to consumers he can't grow sales in...and has actually lost -40% of the sales he had 3 years ago!

And far more important than his pizz poor product management and selling skills is the simple fact that over the past 2 calendar years this CEO has totally destroyed 2 sets of WNBD shareholders...1st by wiping out the round 1 longs with his infamous 500 to 1 reverse split...then proceeding to dilute down his round 2 WNBD shareholders from .05 cents to no bid!

So not only can he not sell any of the products he manages...his only real skill is destroying any and all semblance of shareholder value!