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Re: None

Sunday, 09/24/2017 11:52:10 PM

Sunday, September 24, 2017 11:52:10 PM

Post# of 240914
Sales down each year for the last 4 years and 2017 is in line to make it 5 in a row. Sales down 80% over the last 4 years, down 42% last years, and in the first 6 months of 2017 sales were down over 21% for the same period last year.
To make things worse the CEO is constantly diluting the shares. For the last 9 months we have seen that that is about to change but the OS keeps growing and many in the know expect another RS in the not too distant future.
While the CEO likes to talk about funding and a partnership no funding is expected until at least 2018 and it'd doubtful we might see it even then. And even if there is a partnership there is no guarantee it will be one that is good for shareholders. Even though the CEO has posted many times about a possible partnership with Supreme Sweets the owner of Supreme Sweets says he has talked with the CEO of WNBD he has talked with several interested investors and there is no deal in the works between Supreme Sweets and WNBD.
WNBD did sign a joint venture with BlauAire but to no benefit to shareholders and the entire thing was a failure like everything the CEO of WNBD does.
I believe an RS is coming MUCH sooner than most anyone expects. When the first hint of the RS comes the stock will drop to No Bid and that is where it will sit until the RS is over.

Remember that when someone tries to convince you to sell there is something in it for them. It's not because they are concerned about your investment.