Sunday, September 24, 2017 11:52:10 PM
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.
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM