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And my final good bye is to you!
Good bye Soapy Bubbles!
Good bye scion!
When they (504s) are holding millions of "dead stock" (as you put it), possibly 100s of millions, best to offload at the best opportune time...latest "great news" PR!
At least maximize what they can, agreed?
Sales are even more pathetic than I thought!
If they penetrated 400% more stores (like you suggest) and are only earning the same amounts of revenue, something is broken? EH?
Tipping Point or Brink of Destruction?
WNBD - Here's a real POS that many "truly believe" on its message board, has "what it takes" in the Pink Sheet market.
CEO has them "hook, line, and sinker" selling billions and billions of shares, year over year.
"But they have a product." My favorite delusional rationalization a stuckholder can have.
WNBD's product is the excuse for WNBD's CEO to sell shares!!! Millions of dollars worth of shares!
LOL
Not with 2.6 BILLION shares in the OS! Wasn't even a quarter of that back in 2007!
WNBD will NEVER see four cents again! Really? A Market Cap of $80+ MILLION!?!
Who are you kidding?!?
If it does, it will be a pure PUMP and DUMP then!!! or plain momentum and won't sustain.
Today market a new phase for WNBD...total implosion!
Guess again...it's 0.0009
TRIPS!
Trip down memory lane...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60997598
This POS is collapsing rather quickly!
Imagine that!
How much longer can they use the "Joint Venture" gimmick? Appears it is starting to wear off!!!
It may take some time, but it will all become public knowledge. And after the government disgorges him of his ill-gotten gains, forecloses his house, and auctions his aircraft...EVERYONE WILL KNOW EXACTLY what this FAKE PhD and FRAUDLENT US Naval Officer Retired Jerry Williams is.
I hope they go after his CORE group as well. Fry 'em all!!!
Manipulators.
ERIC THE MANIPULATOR is more like it.
He's been playing the "other side" for so long and have stung along the "staunch longs" for so long.
I'm still curious about the "off the record" compensations Eric has made to those purchasing domain names, pushing product at publicity stunts, and the like!
Eric is just another PINK CEO! The product is the excuse for selling billions upon billions of shares!
Eric targets shareholders! Not consumers!
"...Access for Shareholders"?!? and "If there are shareholders for whom it is not convenient to purchase..."
WTF! Shouldn't he be targeting the CONSUMER market, not the INVESTOR market! What about the US populations and world population stats people like to mention. So he is targeting the 1-, 2-, or 3000 investors...not the BILLIONS of consumers!!!
Shareholders don't want your product Eric...they want the VALUE you love to talk about (A LOT!) but ERODED to oblivion!
Good News = Stock PPS Declines
Where else have I seen this occur before! Hmmm.
WNBD Share Press Factory requires PR (pumps) to keep it oiled!
Typical PINK!
The only manipulator of WNBD is "Eric The Great!"
Let's be realistic and remember he, and he alone, is the cause of all of WNBD woes!
Typically, what happens in the penny/pink market is
- CEO claims amazement and manipulation from some outside source (NSS, shorts, hedge funds, etc)
- Any/all good news, stock price takes an a--kicking!
- In the end, it was the manipulative CEO him/herself all along, spinning off millions (in WNBD's case, BILLIONS) of shares!!!
Positive this is how it works?
504s and Eric have been killing WNBD shareholders for many years now. Only until recently, has this become more obvious!
I think a lot of his contact information is listed in the court documents publicly available via Pacer, etc.
Jim Sasser, Susan Levin, and Christine Brenner all are SPNG shareholder activists.
Maybe a Google search will help you out.
A well orchestrated press release in coordination with the 504s! Almost "insider" like, huh?
Typical PINKIE!
I would like Eric to state who he has compensated for certain "efforts", or simply deny the facts at hand!
Whether it be for domain names, publicity stunts, etc.
Things are not on the "up-n-up" with Eric, his conduct, or his business acumen!
TAKI you know the 504 is armed by Eric, so isn't this the fault of WNBD's CEO?
And you would think the CEO would defend shareholders rather than line his pocket with $10K a month!
One could only hope for this PINKIE!
I am pretty confident people were compensated for their "time". I just want to know if Eric will go on record and state unequivocally "Yes" or "No" (being so honest, trustworthy, and transparent and all!)
If "Yes", then "How much?"
That's all.
According to the financials, there doesn't seem to be an entries.
Plus, I know Eric paid certain individuals for domain names. Was this ever addressed by him?
To summarize: Eric has diluted the share structure so much, he has raised the bar for the amount of revenues WNBD needs to dig itself out.
Unfortunately, you are looking at least another 24-36 months before WNBD is ever close to recovering, if it survives at all!
Do you know if WNBD compensated anyone who participated during the MS Gulf Coast oil spill clean-up?
Where are those compensations (whether in the form of $, lodging, travel, or stock) listed in WNBD's unaudited financials?
dpilon, does incarceration mean anything to you.
You may want to start keeping tabs on the following link to stay in touch with your "boys":
Federal Bureau of Prisons, an agency of DOJ
BOP: Inmate Locator Main Page
http://www.bop.gov/iloc2/LocateInmate.jsp
I do know this...WNBD is down 90%+ and most investors are severely red and have very low chance of recovering.
They either cut their losses or try and trade themselves out of the WNBD sucker play!
Keeping the awareness up for those considering jumping in...those already in made their own beds. Now they can sleep in them.
Why is it everyone who points out the negative sides of things (and WNBD has more than it's fair share, first and foremost ERIC!) considered as being "Saviors"?
Well put. Guess my tact was never appreciated.
You are 100% correct. Eric is no longer believable. His business model and "Go to Market" strategy is failing as indicated by the share price...a direct correlation to market acceptance.
I've said it before, great product. But without a visionary leader and marketer (which some kind of consumer awareness) the business fails. Worse yet, the pps is imploding beyond repair.
Sales is the lifeblood of a company. Unfortunately, Eric thought that meant the sales of shares!
One tick away from triple zeros...
Eric is doing fantastic!!!
How many millions of dollars did he spend over the past 5-6 years?
And what does he have to show for it?
Oh, a $6M debt!
So he spent $10M+, and owes $6M.
Great, DR supposedly purchased something. How is it helping him out of the financial hole he is in?
No one knows, because he obscures it!
Typical PINK!
Neither does Eric!
No indications at all. Radio silence in this case are a bad omen. Next week is September.
Eric did say August. If it slipped, you would think he would have given the common courtesy of letting his faithful shareholders aware of the slip.
Hmmm...radio silence!
The financials. They did nothing last year.
No end user feedback. Nothing from the compnay in terms of updates. Just a PR and blog entry; that's all.
There is nothing, because there was nothing.
It was Eric attempting to generate "buzz" around his failing go-to-market strategy.
The lack of data is the data.
I expected NOTHING, because I knew it was an Eric publicity stunt. Now it seems his loyal shareholders want him to do the same thing for IRENE clean-up. Lowest of the lows...
Right...it was a publicity stunt that flopped!
Great "Ambulance Chasing" Eric will probably try again...remember the Gulf Oil Spill and his feeble attempt to get in on the ground there.
Where did that ever go?
Oh yea...NOWHERE!
I forgot about how people take their losses at the end of the year in WNBD!
Hmmm...I think we see at least .0007 by year's end. May dip even lower. Hard to tell. Depends on how Eric acts: continued dilution, obscuring the Duane Reade deal, etc!