Winning Brands Corporation (WNBD)

[solarflux2]

Wal Mart Canada - Sales grew significantly.
2009 40% above 2008. Wal-Mart satisfied with determination to build the brand. The buyer at Wal-Mart has been replaced, and the paint department is being CONTRACTED (made smaller). Buyer commenced a review/renegotiation on price and other factors when they consider which products to retain in the new environment. Not clear whether they can meet the price demands of the new buyer, undermines other retail commitments, ect.

Wal-Mart has stopped re-ordering product in second quarter pending whether or not they can work out a deal. Original meeting pushed back because Buyer called away to China. Has had a significant impact (Eric doesn't want to "pussy-foot" around, lol.

Sales are going to be lower for the second quarter than they would have been otherwise because of the Wal-Mart situation. As well as Lancaster has delayed a promotional program launch that was to have occurred in the second quarter which should be taking place in the third quarter.

Most successful Home Depot in Canada selling over 1,000 bottles per year.