Winning Brands Corporation (WNBD)

[Dennisb68]

What I can say with 100% certainty, and the numbers back me up, is that not even 1% of the people in the US buy 1000+ or any other Winning Brands products on line each year. Not even 1/10th of 1%. There are 330 million people in the US and so 1% of that would be 3.3 million. If each one of those bought just 1 WNBD product a year at $10 that would be $33 million in sales. That's 165 times more than the last year WNBD reported earnings.
So the fact is that more like 99.99% of the people in the US don't buy a Winning Brands product on line and I imagine the percent of people buying them from a retail store is even less.
Now this might not be so bad if this was a brand new company just starting to get off the ground but this isn't a new company. It's old products with a new owner and instead of sales slowly increasing each year they are rapidly declining each year.
Leave it to Eric to take a company with $500K in sales and turn it into a company with far less than $200k in sales a year. And he did it all without his shareholders help. When he treated the shareholders right they were behind him and the company was growing. When he started lying to them and treating them like dirt ales began to tumble. The sad part is that he didn't lean a thing from it because he continues to feed his shareholders one lie after another.