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Do you think this other product may sell better than Winning Colours because it's cheaper?
The news everyone has been drooling for, seriously? Maybe you've been away or something, but this is the third time it's been released to the public that Winning Colours will recieve a product placement in Duane Reade Pharmacies. This was simply an announcement of a material event giving the public the date of the promotional event and official launch in the retailer.
This may have been news to you, but I don't think many here expected much from the news release today.
Oh yeah, vast business knowledge comes shinning through lol. Maybe you can explain to us as well as Eric how to accomplish these feats: taking a new consumable product from 0 retail locations to over 5,000 retail locations, being in most of the national chains in Canada (starting territory) advertising on radio and television venues, emerging into the US retail market, establishing distribution channels to largest paint sundries distributors, making the short list for US big box national retailers, entering into trials in US big box retailer, having ties to 5 of the worlds largest ratail chains through direct partnerships with these retailers in other countries or through companies they own. Accomplish this without capital funding would be an amazing feat, and can't wait for your business model.
I know promotion of the stock would be practical, but still wouldn't stop the need for capital. Building a business like Winning Brands is building requires a glimps into reality, and the ups and downs of establishing a brand. Not the typical fantasy that traders are accustome too for bleeding the unsuspecting newbies who buy the fairy tail stories. Winning Brands is the real deal!!!!
The answer is really quite simple here. There are three types of people that express interest in Winning Brands.
*There are those who have done enough DD to understand the risk associated investing in this penny, and are apparently comfortable with the risk given the reward that can be achieved with US mass market penetration.
*There are those who believe the company will never make it into mass market penetration, and will continue to dilute, and eventually R/S.
*Then you have the fence sitters. They semi believe mass market penetration is possible, but want to see verifiable proof before they invest in the company. Unfortunately, these people post on the side of gloom and doom for obvious reason.
Here's what it all boils down too: If Winning Brands doesn't achieve mass US market penetration then the first group will stand to lose their investment. They new that going in, but felt the odds were in the company's favor to achieve success. The other two groups haven't decided to take this much risk, and some may never decide to do so. For them, if the company doesn't achieve mass US market penetration they have lost nothing, but if the company is successful they will have missed the opportunity for the greatest gains. That's not to say they won't be able to take a position after the news hits, but they will pay a higher premium for shares, and likely won't be able to accumulate the size that's possible now without paying an much higher premium. As the old saying goes "nothing ventured nothing gained"
I for one am heavily invested here. I know and understand the risk, but through my extensive DD I'm comfortable with my position. I know the company needs capital infusions at this point, but it could change quickly with the activation of one large US national retailer. It may not be for everyone, and I don't see many urging anyone on this board to buy. I do find it amusing to see those forcasting doom and gloom when their basis for these opinions is because all the other pinkies do it lol. All I can do at times is shake my head. There will always be those on each side of the fence, and only time will tell who was right, and who was wrong.
Thanks guys, but there are many here that contribute good DD, and keep the facts straight for the board. It's a team effort to keep the board a good starting place for those those who may be interested in the company.
DUH, maybe there's a possibility he meant he can raise more capital with less dilution of the share structure with an increased share price lol. Just my obvious opinion, and probably the same as others with comprehension skills.
But you can interpret any way you want.
Maybe another case of miss-interpretation???
Dennis quote:
Dennis you consistantly look in the wrong direction, and in doing so you miss the obvious. WNBD creating jobs doesn't necessairly mean mean within their own company. They keep their company employees very streamlined, as it is much easier to keep focus on the objective with a smaller, but efficient work force. The jobs created come through a variety of place through the outsourcing of much of their work. They create jobs, or provide more security to firms within the manufacturing sector, distribution sector, advertising sector, ect... The number of people that benefit in the workforce when any company produces a tangible product is deep. From those who provide the raw materials to the retailer that sells the finished product.
The other products you mention are called follow through products. It not efficient for any young company to attempt to distribute new products untill the brand is established. Get your lead product on the market first, and know to households around the world. Then the additional products will carry the trusted reputation as the lead product, and move through the same retail channels quickly.
That was what I just posted lol. Maybe you should read the post if you're going to reply to it, and yes we know it isn't selling well in the 3 Spartan stores you keep checking since you post have posted it numerous times each day for the last two months. Thanks for checking though.
We can always speculate while we are waiting. There are those speculating a bad outcome, and those seeing the developements currently underway and speculating a great outcome. I like my odds here given they have exceeded the first phase of WNBD's milestone (5000 retail locations) and the second phase (meeting sales qouta) is well underway. The initiative should be obvoius to all, so the questions is, will they succeed?
no need to be defensive lol
Of course he filed a form D just as he always has. Why such a hostile demenor in your post? Are you mad at Eric, WNBD, or just think you know something others don't lol. Either way, you point isn't made.
As though that article is supposed to mean anything to WNBD lol. Once again, there is no proof that Eric was/is either looking for 504 takers, or having any problems getting them if he is in fact looking. Pure speculation from all angles.
Haha, the German exchange has always lagged the US exchange on WNBD for volume and price, so I don't really get your point. I have no idea whether he is/was looking for takers for 504's and neither do you, so it's all speculation at this point. He doesn't seem to have had a problem in the past, so if that was his intentions I'm sure he has plenty of takers, but that's just my opinion.
There's really no need to dig deep into the SEC's interpretation when the CEO gave the reason in this blog post. Pretty transparent to most here.
Never a wise move to do things against your better judgement. If you aren't sold on your decision you can't trade, hold, or invest with confidence. On the other hand, you may miss the run of the century without taking chances on occasion. You know as well as I, you are the one pressing the buy button, so don't blame carrot dangling, the CEO, or board posters if it takes longer than you would like. Good luck
I have not lost a dime. I have actually used some of my early profits from 3 years ago to increase my position 10x my original holdings. I have intentions of make a considerable profit over time as the company continues to increase it's US footprint. I appreciate your concerns for my financial position in WNBD.
Karry's is a fairly new addition to the distribution team, and I'm sure there are things going on behind the scenes we aren't privy too. I will admitt that early on there were some distributors where big things were expected, (ISK, Orgill) but not much progress was accomplished, but to write those relationships off as a failure would be extremely short-sighted. We know those companies are successful at what they do, and WNBD may have expected too much at an early age being an unknown company with an unknown product. Those days are changing now, and those early relationships could come back into play at anytime as winning colours becomes better know to large US retail chains. You don't get invited to line item reviews for potential big box national listings if you don't have anything to offer.
I believe those focusing on the past financials of the company are certainly looking in the wrong direstion. It has been stated many times that the objective to reach the major milestone of 5,000 retailers selling 1 bottle per/day is, and has been spelled out as a two-fold process. First, reach the minimum (5,000) number of retail locations. Second, push initiatives to achieve the sell-through requirements for success. Follow the links:
Winning Brands surpasses 5,0000 retail locations. They didn't stop here though, as many new retailers have come on line since this PR.
http://www.winningbrandscorporation.com/files/newsfiles_10/june9_2010.htm
Then the sales initiatives begin:
Canadian Tire:
http://winningbrandscorporation.com/blog/2010/11/30/retail-support-strengthened/
http://winningbrandscorporation.com/blog/2010/12/02/fred-lee-early-success/
http://winningbrandscorporation.com/blog/2011/02/14/winning-colours-rolling-display-racks-at-canadian-tire/
Lowes:
http://winningbrandscorporation.com/blog/2010/10/26/lowes-first-approval-for-u-s-advertising/
http://winningbrandscorporation.com/blog/2010/11/08/lowes-usa-approval-of-brochure/
http://winningbrandscorporation.com/blog/2010/11/12/lowes-usa-first-in-store-shopper-demonstrations/
http://winningbrandscorporation.com/blog/2011/02/17/setting-up-for-new-day-new-town/
Duane Reade:
http://winningbrandscorporation.com/blog/2011/02/16/brochure-approval-duane-reade/
http://winningbrandscorporation.com/blog/2011/01/20/update-new-york/
In the I-Box are other pictures of Billboards, recycle bins, radio adds, ect... all set up for completeion of the second part of success.
Maybe a little DD is in order there bud. Not even close on your first post. A quick check of the current filings will show the extreme differences, as no hype is included at all, but nice of you to stop by lol.
It's just my opinion, but I believe it's highly unlikely this is retail hitting the market at this price.
Well the blog states "morning preperations for the opening" so one could logically assume the store hasn't opened yet lol, thus the lack of people.
At .0001 this is alot of shares issued for toxic conversion, and possibly where many of these shares are coming from. Don't feel like going back to view volume from that time period, but they could also have converted more in an attempt to exhaust those CD's.
Wow, looks like they have the entrance covered with this demo set-up lol. It don't look like you will need to walking by the paint section to see this demo, because you will be exposed to the brand of Winning Colours as soon as you walk in the door. Nice location!!!!
I have read you repeat this "misinformation" day in and day out, and was hoping someone would set the record straight without me having to waste one of my two daily post. Nowhere does Eric state that any price is fair market value. It's obvious to anyone with comprehension skills that his comment of "honest price" refers to no company interference in market activity, and therefore it is the price justified by the market, and not necessairly what he, or the company may feel it's worth.
I believe this part of your post says it all, and explains why there has yet to be an awareness campaign. Even though we all want it now, Eric has stated many times that he will have an awareness campaign when the company has a tangible reason for a much higher sustained share price. Your comment below is just cause for Eric not to do one at this time based on your statements. The market has set a current price for what it believes the stock is worth, and without tangible sustainable progress an awareness campaign would create a short term spike, then adjust itself to a price where it was prior to the pump without a justifiable reason to base higher. When he delivers the goods to give the market a reason to believe the share price deserves to be higher, then an awareness campaign will create the momoentuem needed to sustain itself higher.
Keep it real man, because the information is there for all to see. The facts are that there were a total of 175,658,855 shares added to the OS from 06/30/2010 - 01/07/2011 and a total of 602,005,014 shares traded during that period. Since the last OS update we have traded a total of 184,684,536 shares, so your numbers (600k)just don't add up!!
Summary:
June 30, 2010-January 7, 2011......175,658,855 shares added to OS
June 30, 2010-January 7, 2011......602,005,014 shares traded
January 7, 2011-last friday........???? shares added
January 7, 2011-last Friday........184,684,536 shares traded
June 30, 2010-last Friday..........786,639,550 shares traded
Feb 12
Shareholder Question: News Releases
by Eric Lehner
.QUESTION:
What is your policy about pr’s? Why some and not others? Can you explain how this is decided?
ANSWER:
Let’s take some time to respond thoroughly to this important question.
The honest answer is that there is always a certain tension between some persons outside of the company who want as much press release activity as humanly possible, primarily day traders, and we who want a very careful approach. I typically tone things down from original drafts if in my opinion the possibilities being described seem ”over the top”. I will stand by anything that ultimately goes out because our issuances are more careful than they would otherwise have been if it had been left to others. Winning Brands’ accredited investors share this responsible approach. Anyone associated with Winning Brands knows that the company does not play games with its news releases.
There are two different visions of the firm. Some outsiders want it to be a flipper’s dream, with share prices being driven by the usual smoke and mirrors of the exercise. My vision has always been that Winning Brands would be a cut above the usual “pinky” mindset by being serious in purpose, legitimate in its goals and dignified in its relationship with shareholders and regulatory authorities. In this model the company’s share price will reflect general sentiment about possibilities, but not be hyped. This is an ownership model – ie the common shareholders want capital gains of course, but also to own a real company. In this model, even if the share price is low, it is based on something real, and therefore has the real possibility of doing well based on company developments, not just PR.
This policy has resulted in a calibre of typical Winning Brands investor that is far above the quality of most junior public companies. I receive messages from people of all walks of life who thank the company for doing its best to implement a good and legitimate business plan, and for the obvious commitment that Winning Brands makes to operating with a clear conscience in all that it does. Having setbacks or facing challenges in advancing is acceptable to such realistic investors – so long as they can believe what the company says. Also, I have no reason to believe that any regulatory agency has concerns with us. This is a source of pride because during our formative period there have been many cases of other (peer) companies being revealed to engage in improper news release activity, to put it kindly. The policy of a public company regarding its public statements is the foundation of its credibility. Winning Brands can be proud of its prudence and responsibility in this regard – the proverbial “upstanding citizen” in what has been described as the wild west of the investment world.
Another important clarification about news releases, is that they do not all have an investment industry purpose. This is a key point to understand. Not all news releases are made to satisfy the concept of “material developments” as defined in securities regulation. It is permissible and can be desirable for a firm to let it be known within its industry, or its region, that certain things are happening. That is not “fluff”. Fluff is an attempt to make a small thing sound like a big thing. There are many “small things” that are legitimate news to parties who have a reason to be interested in that particular small thing. Therefore, the running debate amongst company watchers as to whether a particular Winning Brands news release is fluff or not often lacks this basic insight: a news release can be important to a certain audience without being impressive to investors at first glance. This is why certain Winning Brands news releases are not “huge” in their impact on traders, but are still very interesting and useful to specific audiences. Now, in 2011, with Winning Brands increasingly active in the U.S., there will likely be a natural increase in such industry oriented news releases. Despite their limited appeal for some day traders, these releases nonetheless expose the company to a variety of people of interest over time. If a company is proud of what it is doing, and moving forward to an exciting set of goals, then this is a good thing. Such workman-like news releases foster connections with strategic allies for the benefit of all. Base hits can win a ball game too, not only home runs.
Lastly, let’s talk about investor awareness programs and the role of news releases in such programs. It’s very important to distinguish between a process of sharing information about Winning Brands to more retail investors for what the company really is versus a promotional campaign in disguise. A traditional promotional campaign for Winning Brands, ie the common pump, would be the kiss of death. They create shortlived spikes that benefit a few, harm many, are of questionable legality at best – and often strongly illegal (even if the perpetrators get away with it) and permanently alter that character of the firm. Although we may all be frustrated at the moment with the current share price, it is an honest price. It is not being manipulated one way or another. Traders are not interfered with by any coordinated action by the company. No laws are being broken, no unjust gains are being generated in the wrong hands. The market itself is operating properly and has demonstrated that very little volume is required for the share price to increase considerably, based on the sentiment of the moment. The reason that WNBD stock sometimes rises easily on small volume is that market makers are well aware that there is no background agenda or manipulation. Many of our shareholders, representing a significant portion of the float, are content to let the company advance operationally rather than panic. Furthemore, many have quiety reduced their average cost base during low periods making it much easier to be green in the future.
Therefore, as the company’s legitimate prospects improve, this information will circulate more widely – and we will be glad to assist in the process. However to design news releases to pump the stock is not the way we do things. With the increasing probability that during 2011 we will be in some sort of operating relationship with accounts that really matter in the USA, I continue reflecting deeply on how to ensure that advancements will be effectively communicated to natural investors without violating the principles that I have described above.
Ultimately, every company has its supporters and critics. We happen to have a very strong base of supporters. They understand and appreciate this culture – that’s why they are here. Anyone who doesn’t like this approach to things is welcome to depart the scene and spend time with the majority of junior public companies who fall into the trap of being pushed around by high pressure tactics on the part of people with a questionable agenda. Those who remain will find that we will continue to generate opportunities for trading profit that arises from the natural openings (and challenges) that a still young, upwardly mobile public company creates. Amongst traders too, accumulating profits can arise from base hits with our stock, not only home runs.
Many people have done well with Winning Brands shares over the years, and will continue to.
.
I'm not littlefeet, but I'll take a stab at it. It seems the relationship hasn't advanced to a level of sharing sales numbers with WNBD at this point, so WNBD can't comment on whether or not they are re-stocking shelves at the store level, but they do know they have placed an order to re-stock Spartan's wharehouse. So, I would say the comments made in October are correct, and WNBD shipped products to re-stock the warehouse. It really isn't that hard to understand.
It's only natural to assume 99.9% of pink sheet companies, and a great majority of all public companies are public simply because of the access to capital, otherwise they would have been a private corporation without a need for growth/operating capital from the investing public. So what really matters is how the capital raised is being used, and is it being raised in a responsible manner?
For the post about the amount of shareholder defecit noted in the 10k. That also is common for 99.9% of all pink sheet companies. Most of these companies are in early or developemental stages, and they will carry a shareholder defecit until they become profitable and report earnings per share. I don't take this defecit as anything earth shattering in the 10k as it is generally the norm.
Africa may be a tough place to do business as a westerner, but it seems other companies see the economic advantage of expanding in that country. Below is only a few articles of growth in Africa
http://finance.yahoo.com/news/South-Africans-accept-WalMart-apf-3435438692.html?x=0&sec=topStories&pos=3&asset=&ccode=
http://www.southafrica.info/business/investing/globalcomps.htm
http://www.africanbusinessreview.co.za/tags/jobs/nestle-invest-r505m-south-africa-economy
Kind of like this skybott?
Not that I dispute your post, but only want to add to it lol. It's also unrealistic to expect 99% of pinkies to make a realistic attempt to expand and grow their business, and extremely unrealistic to expect one to be on the verge of mass market penetration in the US, but according to the CEO.... It's about to happen.
You see the pattern going on here. This initiative must have been successful in New Zealand for them to expand it to New York/Manhatten area to go hand in hand with the launch into Duane Reade.
Not sure if you missed this part of the post (below) but when shareholders email questions to Eric he answers them through the CEO blog, so all shareholders recieve a validated answer as opposed to an email posted by a message board poster. It seems this was a question ask of Eric, answered on the CEO blog, and has nothing to do with him reading this board lol.
I'm not doubting getting through .0002 my friend, it simply don't look good to see the pumping BS going to .02 when we are sitting at .0001-.0002 range. Lets keep expectations real, and hope for the best.
Tell me your joking man .02 for real. What in the world do you possibly think would make this company carry a market cap of 360 million dollars.
You need to focus on getting through the .0002 first lol.
Why wait until after market to release the news? Ever heard the old saying "buy the rumor, sell the news" That's what Chin is hoping for.
Interveiw posted!