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I figured that was the case. Thank you gentlemen for your answers.
Can they uplist with the Chill still in effect?
What I find so interesting is everyone keeps talking about what other companies have done after an RS and how well they survive.
THE ISSUE IS THE PEOPLE RUNNING THE COMPANY!! WC is a great product...no one disputes that but the management...IMO is completely inept. They have proven it month after month, filing after filing. It won't matter what happens and how much money they do or don't find, whether they uplist or they don't....until the mentality of those in charge changes...they will flounder and eventually (hopefully) some big company that knows what they are doing will buy them out.
Ego and arrogance are often the downfall of many.
GLTA
Reverse Split is considered an unwelcome development in most cases, but can be in the long term interests of shareholders if the company’s renewed ability to raise funds yields positive operational results
I have the utmost confidence in our CEO
Maybe instead of sending mail to those already stuck trying to convince them to hold on or buy more or how special they are....he should start writing apology letters. God knows you all deserve that!
That is why he NEVER directly answers sh questions. Any question gives him a platform to spew more garbage and newbies eat it up and tale it as fact.
The Audacity of him to tout this as a great accomplishment on his part is beyond reproach and should open some eyes.
Going down the ship I see. He's still not willing to see reality. It's a shame.
Wow. Now that says something. Completely and without question SUCKS!! Eric put himself against that wall sir...in glorious fashion. The writing has been on that same wall for several years now and despite ALL of the warning signs...he REFUSED to pay attention and change course.
Good luck to the rest out there still hanging on.
No doubt this spring is going to be a season of change!
I had been told a few prominent shareholders were planning to visit the main office when/if RS is announced. May as well get their plane tickets now. Wasted trip...he'll just tell them they have no "vision". Lol
Hope everyone has their life jackets on!!! She's going under.
See! I told ya! Big volume!
Hold on to your butts!!! It's going to be an exciting day!!! :)
Thank you for your OPINION. There were MANY rumors around both of them leaving and unless one has a personal relationship with either mentioned, I guess it's ALL speculation.
The writing was on the wall here when Patricia and Lorne departed the scene a long time back leaving Eric and his lady friend as WNBD's global sales force!
Your number 1 and number 2 sales force doesn't just abruptly leave if the future was anywheres near as rosy as the blogs always portrayed things to be!!!
Eric should be stepping down after the R/S and let someone else run the company, that would be the best thing here.
If one has studied this stock, read all of the memos and magical emails to mods and others, looked at the promises made, financials, charts, listened to the conf. calls where things where said that weren't exactly accurate when dissected, watched what the company has said would/could and may happen that never did, the consistent timing with blogs and dumping of stock, the lack of sales, the lack of ability to keep key employees, the failed business plan, the chill, the lack of financing, the continued rising of the shares issued etc...FOR 6 YEARS or so like I have...and you don't SEE it... there is nothing I can say to help you understand.
I bet the view from the CEO's house on the lake looks good though!
GLTA
Good post and very true. The CEO isn't evil...just inept. IMO
in identifying a way of distinguishing current holders from future holders for the purpose of special recognition if a consolidation takes place
Oh he answered it. Very clearly, when looking at his answer without those special glasses.
5) Renewed financing through up-listing or registration is usually associated with a reverse split. Under those circumstances, a reverse split may be appropriate (as mentioned in a number of posts and public comments on the subject through the years.). Each technical factor involved in the company’s continued financing progress will be weighed carefully as to what is appropriate and responsible in order to ensure the firm’s progress in a way that enhances market cap long term.
Yep. He answered that on question number 5.
GLTA
Perfectly timed with a dump. At least they're consistent!
THAT IS FREAKIN' AWEEEESOOOMEEE!!! YES!!!
More proof of the inept advertising and marketing.
I am wondering why they are waiting. The longs are already screwed here due to no matter WHAT happens, this will never reach levels that will allow any real profit. If I were a long...I'd be asking the company to just get it over with!!
Question... what benefit has it served the company to have waited so long to RS this? Many have seen it coming for some time...why have they waited? Still waiting on that hail Mary that hasn't shown up yet?
In more stores than ever...yet sales still suck. Hmmmmm.....
Auto is right. The company has made many predictions IN THEIR OWN WORDS...that never came to fruition.
What is the saying about tigers and stripes or zebras and stripes or something about how they don't change?
Anyone with an objective view can see the pattern here...just like all other pinks. The CEO is so controlling and rigid...why would anyone expect a to change in behavior? Given this revelation (to some) one has to ask...how many others will be cashing in shares sold last year, this spring....ESPECIALLY given the political atmosphere?
Don't worry though...there will be a long winded blog, video answer or some form of pathetic excuse as to why they have to dilute the crap out of again. Oh and wait for the "it's all their fault" excuse when these supposed 500 stores don't come on line...BUT 2014 will be your year!!!
GLTA
"the combined number of units manufactured and delivered during 2012; that figure is approximately 134,000".
That's all?! After all of these years? Sad.
No doubt sir! Have a great weekend!
Come on Dennis!! Can't you see the endless possibilities? 2013 is going to be their year! I can just tell! Have you read the blog by the CEO recently? Full of hints and ideology of how they will succeed this year despite the decline over the years.
If TDA ever allows people to buy it...that in itself will change many lives.
Gotta believe! After all, they may be sinking..but their head is still above water.
Haven't bothered to look in quite some time.
Float 4,178,317,467 <~~~ Now, THAT is comical!
The CEO needs to take a "spinning" class then! LOL
I don't believe UNAUDITED financials should be trusted 100%. I believe they can be used as a glimpse in to things. I would never say WNBD fins are not honest. I don't know that for a fact. I do know that the picture painted by the company never seems to show up in financial gains.
It's an interesting mix of information, non-information and dreams.
GLTA!