Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This is my last post of the day, but this is a silly statement, and carries little to zero merit.
It is completely foolish to even consider WNBD going belly up when they are gaining market presence in the USA as I type this post. They are on the verge of mass market penetration in the US through major big box retailers, as well as penetrating one of the most densely populated areas in this country this week with the stocking of Duane Reade locations. Speak as you must, but when the news hits there will be no slowing it down.
I believe these two excerpts from Eric's memo's pretty much answers most of the questions, confusion, complaints, or whatever you have regarding the amount of product being sold per location.
Bolded by me:
Sales in Home Depot, Canadian Tire, and other retailers that cater to the home improvement consumer should exceed sales in the grocery sector since the home improvement consumer was the early targeted audiance. Due to the versatility of the product it can be sold in a wide variaty of retail locations once the consumers are introduced to the many uses of the product.
Building a profitable company by means of selling a new consumable product is a difficult task, but the plan is quite simple. The goal to becoming profitable in the business model of WNBD is to sell the equivilent of 1 bottle per day in 5,000 retail locations. The first step is earning the respect and trust of distributors and retailers, not only in the product, but also in the company, so you can achieve the first part of the business plan (5,000 retail locations) once this is accomplished (and it is) the plan shifts to consumer awareness. Consumer awareness will generate the sales to lead the company to profitability. WNBD has exceeded the first part of the plan, and is now working on product sell-through. This will eventually take the product off the shelf and put it in the cart.
I understand your reasoning behind behind checking sales at those retail locations, but checking 3 stores of one retailer isn't practical if trying to calculate sales volume comparisions across a broader spectrum of over 5,000 different retail locations. Even using quarterly financials numbers to calculate sales (estimated # of bottles per location) across all locations isn't practical or accurate. This type of comparision is only practical for WNBD for the purpose of determining which locations may need additional exposure to increase sell-through of those locations.
The reasoning behind the faulty logic is this, If Lowes were to take the product on for a national roll-out there opening order to be shipped to their regional warehouses could be for as much as three cases per/store. That order alone could equate to over 250k alone, and could have multiple orders during that particular quarter depending on sales. So sales for that quarter could potentially reach 600k, with multiple orders from Lowes and the regular orders booked quarterly. Using the flawed method you are currently using it could be assumed we increased sales 4x across retail locations, or an increase to just under $40 dollars per month per location. Yet the three Spartan locations you are checking may have mot sold any, therefore it's not practical to compare such a small % of locations across one sector, and consider that an industry standard.
Our focus should be on the increase/decrease of quarterly revenues, and let the company make necessary adjustments to brings sales volume up in retail locations where needed on a monthly/daily basis.
It appears EIGH is attempting to brand an image, but trying to pass it off as a branded clothing line.
I have a friend that owns a large sporting goods store that carries a large selection of sporting apperal, ranging from uniforms to classy active wear for men and women. When we order products from him we will choose the design we wanted, and he would order the product from Russell Athletic, Hanes, Bike, or other manufactures. He would then screen print, embroidery, tackle twill, or heat press whatever we wanted on the items. Regardless of what design we put on the items we only changed the image of the item, and not the product brand.
I would only imagine the people who actually shop in the retail location may be aprehensive to pay 30-40 dollars for a Fruit of the Loom, or Russell t-shirt, and those who order online will realize they've been had when they see the tag on the garment. I believe the old saying "you can put lipstick on a pig, but it's still a pig" applies here.
There is a possibility they could operate a profitable sportswear retail location, but no way could they support a market cap anywhere near some are thinking. In fact, it's overvalued where it's at now in my opinion.
Just a thought: Could some of the product that's been recieved be for some of the sports clinics, or camps they sponsor. We do them all the time here, and generally the participants recieve hats and shirts or other items provided by the sponsor, or it's included in the entry fees.
Nice suprise, and a substantial opening order since they would need to completely restock all locations.
You can pretty much rest assured it's either factored out, or the only thing factored in currently is the three store Lowes test. One thing about the information we recieve in the form of "might be" - "could be" - "will be" is that at some point in time in the future it happens. It's generally alot longer than any of us anticipate, but if you go back and review the forward looking statements made by Eric, you will see that in time the largest majority of them came to fruition, or are in the process of coming to fruition. That is a fact that can't be said about 99.9% of the other pink sheet issues. There will be those that want to look at the small percentage of events that haven't happend yet, and dwell on those as opposed to looking at the majority of forward looking events that have been achieved, or are in the process of being achieved. As we are on the verge on entering a new stage in the life cycle of WNBD I believe it would be wise to keep your eyes open, and your ear to the ground, because that rumble you hear is the train coming.
I believe a lack of confidence in WNBD is an incorrect assumption on your part. There are plenty of sharholders who have done extensive DD on the current situation, and know what will likely transpire in the near and mid-term future. The share price will soon take care of itself, so why not take advantage of the current price. Sure we could slap the ask, and create the illusion of an uptrend, but until the news is released to support the rise it would creep back down. I have no problem sitting on the bid right now, and accumulating from the impatient, the weak, or the 504's at this price. I enjoy, and am taking this opportunity to accumulate while awaiting the anticipated events that are coming. The share price will soon turn on a dime when many least expect it, and those who have played it smart and accumulated at this level will be justly rewarded. So just because there's not alot of ask slapping going on doesn't always equate to a lack of confidence, as it's just peeps taking advantage of the situation.
One post left today!!
I agree, and I wasn't categorizing the new racks specifically for big box retailers, thus the mention for lack of space. I assume Mr. Lee is attempting to get the racks (rolling racks, small stands for 4oz bottles, and new size) in as many locations as possible. This new size certainly fills a void where the other racks weren't feasible for intermediate size locations, but also opens new possibilities for dual locations in big box retailers as well. Remember the pics of the product on the shelf in Lowes... this small rack will fit very well by the counter to open the counter space back up.
PS: I believe the other wire racks will be a better fit for locations that only carry the 4oz. bottles. I can't find a link to them, but pics are in the I-Box.
Last post today!!
I believe the increase in sales volume, and the ability to show additional retailers with verifiable data acquired from the locations using the display racks, may have lead to the design of the new racks. Many locations may desire to have the racks, but didn't have the room to accomodate them. Since Fred Lee has been designated to handle the installation of the display racks there a good possibility that some retailers want the racks, but didn't have the space. Winning Brands clears the hurdles again with the smaller racks. Nothing better than in your face, in store advertising... Great Job!!!!
http://winningbrandscorporation.com/blog/2010/12/02/fred-lee-early-success/
http://winningbrandscorporation.com/blog/2010/12/08/dedication-in-action/
http://investorshub.advfn.com/uimage/uploads/2011/1/19/bwjqwWinning-Colours-Mini-Display-Rack.jpg
One post left today!!!
I am, so ya'll keep up the good work. I thought I might get more filled a little lower today, but thanks anyway.
It's probably just you, and even though you posted it you need to read the entire blog concerning Fantus. If you did you would understand he was working on a part time preformance based contract. That probably means he recieves his money from new business he delivers to WNBD. WNBD has been working with several major US retailers for quite some time prior to Fantus arriving on the scene. It would stand to reason he may not have been entitled to one penny generated through those retailers.
Although that seems like an excessive amount of volume, it's only a little over 1.5% of the O/S, so it's not that much when put into perspective.
I hope Mrs Kori Walsh is being spared by the flooding, because she could be very busy assisting others with their clean-up and recovery jobs over the next year or so. I'm sure winning colours works just as well on Australian mud as it does on Louisiana mud. It's tough going through disasters of this proportion, and thoughts and prayers are with the australians facing this crisis.
Would you mind posting what it is that excites you about IDCN's past, present, or future, that you've uncovered in your DD. I'm not requesting this in a derogatory manner, as I am curious what I might have missed. All I see are failed/false plans, no follow-through, massive dilution, website pumps, and a whole bunch of stuckholders.
Everyone is entitled to their own opinion, and I believe CharlesD is as much of a victim as the rest of us.
I believe JB and KA have already found the rewards, and have tucked them safely away in their own pockets lol.
Maybe you should go to the CEO blog, and refresh your memory on the Walmart situation. The facts supporting this issue are explained in several different blogs, but here is an excerpt from the last Walmart blog that states sales volume had nothing to do with he decision from neither Walmart nor WNBD. The answers or updates for many questions are available on the blog site, and many times it shows lack of due dilligence when posters post opinions that can be so easily proven incorrect....but then again everyone is entitled to their opinion, right.
That's fine, we all have to decide where our own tolerance risk are. My risk reward factor tells me this is a great accumulation range. May dip a little lower, but I never look for absolute bottoms, because there is generally not much volume there.
There's a buy for every sell, just depends on full or empty your glass is when looking at it.
Big buyer at .0026-.0027 looks like they are loading up this morning.
Plain and simply put, Any company starting in business must have access to capital in order to execute a business plan for growth. Private companies use the owners cash, loans, or private investors to achieve these goals. Public companies go public for the sole purpose of having access to capital through the sale of shares to shareholders. Therefore dilution is a means of generating capital for a growing company, but not neccessairly considered the "money solution" as time will be the indicator of that.
As sales revenues begin to generate enough capital for company operations and continued growth, it then becomes the "money solution"
Since sales revenue is increasing and dilution is slowing, it seems like the transition of the "money solution" is beginning to take place.
Some of us are betting that this transition will soon take place, while others don't think it will happen. Only time will let it be known who the winners will be, but I like my odds here.
How silly Dennis, that would be like us assuming you are trading based on the inside manufacturing information you get from your buddy at WNBD's contract manufacturing facility.
Make that 3 million, and the bid never waivered, looks like nice accumulation at that level by someone.
Maybe that's what you said the last time you addressed this particular issue without merit, but you have addressed it many times in the past for some crazy reason. WNBD has bigger fish to fry than worring about how much they are charging or what size product a retailer is ordering (at this time)
I don't understand why the price a retailer sells winning colours for is such an issue with you. It has been discussed and explained to you many times, and Eric has made it perfectly clear with the blog listed below, that the retailer sets their own retail price, and WNBD has nothing to do with it. Given Eric's statement on the subject I believe if it's still a problem to you then it needs to be addressed with Spartan management since it's not a WNBD issue.
It's funny how the peeps who claim there is no interest in WNBD spend more time posting on the WNBD board than current shareholders.
I think you will find that many of the shareholders know their time to shine is comming, and don't bother with some of the crazy stuff being posted on the WNBD board. I KNOW WHAT I OWN!!!!! DON'T YOU WISH YOU KNEW????
Nobody's asking you to get on the train, but don't be on the tracks.
I respect and appreciate your tenacity, but the SEC has bigger fish to fry, even here in the otcbb market. There are many other scams in this market that are pocketing many many millions from unsuspecting shareholders everyday. Even though it is of extreme importance to the shareholders here that have their hard earned money invested, Chin's operation is small potatoes to the SEC, and he knows this. If Congress would have passed the required budget, it's possible the SEC could have made a dent in cleaning some of the rif-raf out of this scamming market. As they say "the squeaky wheel gets the grease" so keep the pressure up.
http://www.compliancebuilding.com/2011/01/05/the-sec-funding-and-rulemaking/
http://complianceavenue.com/2010/12/21/no-new-funds-expected-for-sec-and-cftc/
I believe the difference is this Dennis, most players look at the share price as a measure of success. That is a measure of their own success or failure, and not the success or failure of the company during the formatible stages. Penny players play the pops, and look for short term gains, while WNBD has a business plan for long term success. The plan is coming together whether peeps can see it or not, and when the news starts coming it will accelerate as new retailers provide shelf space as their competition has done. You can choose to get in now, and weather the storm while these tipping points are achieved, or you can wait and pick up some shares as the news is released. If you are only hoping for a small amount of shares, there is nothing wrong with waiting, but for the peeps looking to load up, they will have to chase the price with little success at these low prices. No arm twisting going on here, the choice is up to each person.
So many hypotheticals there lol, there are always if's-and's- and but's when looking forward. The difference here is the future for WNBD looks bright as growth continues regardless of what's said on this board. Patience is necessary right now, but it will be rewarded in the future.
I generally like to know how high the train goes as opposed to how long the ride last, but different styles for everyone I guess. Some also like to buy high, and sell low.
Yeah keep believing that lol, when the Lowes news or other national retailer hits I'll be waving to ya when the train goes by.
Yeah, they probably averaged down, and will make alot of bank when the Lowes news is released, instead of trying to chase it up lol.
Looks like some thought the .008's .007's and .006's were the bottom too lol.
Very hard to catch absolute bottoms, and may not be much available at that price when/if it arrives.
Too funny ain't it lol. I about got the jelly bean lion shook out haha.
Great observation, but here's a little secret for ya. Any business, regardless of size or product offered, that isn't meeting with new potential customers is a stagnent and dying business. It's only common sense to understand that WNBD must meet with new clients before any business ventures can advance. Never any guarentees, but nice to see continued interest from retail chains.