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If ink is all they're waiting on, they should be able to dab the quill in the reservior on the printing press lol. Looks like they have an ample supply in that department.
It's easy to pick and choose specific points in time for comparision purposes to make the current situation look either good or bad, so I will refrain from that. I will however mention that the .015 pps you mention was the top of a run which began at .006 just prior to that high. There could be many reasons why we are at the current share price, and some of your thoughts may be correct, and some may not. The O/S increased approx. 300 million over the last year, and from the blog and filings it appears some of that was for debt reduction, and I'm sure a large chunck was for the production and support of the DRTV initiative.
In summary, one needs to compare the amount of increase in shares to the progress achieved, or initiatives undertaken whether successful or not, look at the debt which was reduced from capital raised, and determine if it was acceptable. Given the fact we haven't recieved orders from the largest account in Canada since Q1 (from reasons which are known) it seems sales have not only recovered, but accelerated. So to me, from the filings and the blogs, sales are increasing, retail locations are increasing, distributors are increasing, debt is decreasing, operating cost is decreasing, but the share price is in the tank.
Greater things are on the horizon for WNBD, so be prepared!!
I feel confident he will seize this opportunity in New York, not only with Duane Reade, but we have many other retailers there that would benefit. Also, given the potential expansion that exist if successful in Duane Reade, I believe that account will be handled carefully.
Good things are definatly on the horizon, or at least good opportunity. Who knows how well it will go, but it has the smell of success written all over it.
Haha, let's think about that for a minute lol.
They are increasing revenues, increasing retail location, increasing distributors, hired production manager for increased production needs, working with US national accounts for possible expansion, installing display racks in Canadian national accounts for increasing sales, recently began filing to become current status on pinksheets, and according to last financials they are reducing debt and operating cost, thus increasing profit margins... also given that the majority of the debt is held by insiders or friendly hands, filing for BK seems unlikely lol.
So I guess the logical answer would be a BIG NO!!!!!
So if you don't know what it means, why would it either sound good or bad until you knew what it meant lol.
Absolutly correct, and some opinions can be proven incorrect when correct facts are presented by various forms of DD.
Just because posters are allowed to throw any type of wild eyed opinion out per TOU rules doesn't make it a credible opinion. After being proved incorrect by minimal DD, this actually tends to make most post related to such poster less credible or without merit to those actually seeking truthful information. It only creates more garble for the new investors or DD hunters to have to sift through.
Could be that his point is there are many who's opinions change according to their position in WNBD. Seems logical to me, as the companies position hasn't changed. They keep moving forward adding additional retail locations, and losing some along the way.
lol, might as well do everything possible to average down as low as possible right. When WNBD turns it will be fun watching the change in board sentiment, and listening to the woulda, shoulda, coulda, stories lol
The half truth or whole truth is the way this post is presented as fact and is nothing more than an incorrect opinion. The un-truth is below, and followed by the facts.
Incorrect opinion:
Well that certainly seems logical right duh, but the guesswork comes in from absolute bottoms, and charts are the best way to close....but some people don't believe charts are practical lol.
I really have mixed feeling of how it will be handled if/when a roll-out were to begin. It will simply be up to Lowes, and how comfortable they feel with the current experiences taking place in the US trial locations, and the Canadian locations. From a logistical standpoint the process would be very simple. Lowes has numerous distribution warehouses located throughout the US, which would be the products destination from WNBD's location. So, for a national roll-out you may only be talking about 6 or 7 deliveries from WNBD end, which is very doable. It might make sense to Roll-out by regional warehouse locations for logistical purposes. In other words, ship enough product to stock all locations serviced by one particular warehouse. It's all speculation at this point of how the process will go when/if the go ahead is recieved to expand.
Also returns are neglible in all filing notes, that coupled with the absence of returns in the financials, and posters stating it was on clearence in Canada Walmarts gives a strong indication the current inventory levels have nothing to do with Walmart lol, but we can keep throwing things out, and hope something sticks right.
Why would Walmart return product they had already paid for. I hope they did as that would be additional profit for WNBD. DUH
The link in my prior post clearly shows you can buy winning colours by the gallon for .22 cents per oz. (a little cheaper than your 1.25) so the point you're making is moot.
Once again DD on winning colours proves the attempts to make every aspect of WNBD look bad is without merit. If you need a gallon I sugest buying by the gallon for 29.99 as opposed to buying it in 30+ 4oz. bottles.
http://www.pearsondistributing.com/Winning_Colours_Stain_Remover_p/wb-stain.htm
Price comparision within the same sector is the only way to properly set a price point on any product. Comparing the price of winning colours to to the price of gas is completely without merit. Gold is 1,400.00 per/oz lol, so that makes winning colours look cheap right... see completely without merit.
Product price points can be adjusted at any time given the success or lack of as time advances. I believe the more important thing with the 4oz. bottle is the various locations it can be placed in retailers. In my opinion it as much of a marketing tool (counter display) as it is a revenue generator.
If you call my remark to a poster who believes the price is going to the trips, but would rather hold from here all the way down as opposed to selling , and re-enter later is an attack...not much I can do lol.
Wasn't knocking him for an opposing view, as for me when I believe a stock will continue to go lower it only makes sense for me to reduce or sell my position, and look for cheaper re-entry right? That's simply smart trading
If the Lowes news is a national roll out, then .016 won't be nothing but a resistance level bud lol.
Sure "little D" we all have a choice, and those who see things progressing within their parameters of success understand things take time. In the business world everyone has to wait with the exception of the ultimate decision maker, and that includes vendors, sales reps, manufacturers, CEO's, and yes even shareholders if they elect to do so. It's all pretty simple really, you either see the progress and await results, or you don't and you can move on.
When you already have the truck, boat, and wheelbarrow loaded, there's nothing wrong with filling your pockets with change if someone is willing to feed them to you.
Or another increase in the A/S will be a good indication lol.
The reason private companies merge into public companies is for the purpose of gaining access to capital funding. It's a clean, and basically debt free way to generate operating/growth funds. The problem with a RM into SNRS is the main thing that would need to be cleaned up is the share structure, and we all know how that's accomplished. With the current OS at approx 18 billion, and liquidity at a bare minimum, why would anyone want to merge into this shell in it's current condition? Even if they achieve the current information tier, without share restructuring it would almost be imposible to generate funding for any type of massive expansion. JMO
My guess would be approx. 8.5 billion O/S now, since there have been over 2.3 billion traded since that filing, and mostly at .0001 JMO
Yep, for goodness sakes, why would anyone think that a company that has debt can't be bought out, or the debt makes it a bad aquisition lol.
Since you won't provide anyone with the store address it's quite possible they aren't even listed on the locator.
This has been explained a million times, but here goes 1,000,001... In most cases it's not the responsibility of the manufacturer (WNBD) or their distributors to maintian the inventory, or stock the shelves of a retail chain like Spartans. Spartans has a central warehouse which is where WNBD or their distributor delivers the product too. From that point, it's the responsibility of Spartans to see the product is distributed to their retail chains, or some chains contract that part out, but it's still not the responsibilty of WNBD.
So when you stated that manager called, and the product will be their tomorrow....he/she called their warehouse to make arrangements for the product to be delivered. Now, i'm sure this still wont matter, but please change the subject to something that hasn't already been discussed.
Jan
05
Just another cleaning product. Oh really?
by Eric Lehner
.Do you think that a man who has been detailing cars for 20 years knows a thing or two about what works? A man who has access to anything he wants or needs to clean-up everything you can dream up? A man who was so fed up with the vandalism on his shop sign, that replacing that sign from time is the only option to solve his problem? There are a million cleaning products, right? Who needs Winning Colours, right?
Well, George would disagree. He’s the guy. It’s his shop. He’s seen it all – and he’s the one who wasted no time in saying tonight that he’s seen nothing like this. Winning Colours removed caked-on vandalism put there by bored smokers hanging around a night spot, night after night, that just happens to be by his garage door. The sign gets ugly, and life seems just that bit harder when you have to stare at that contempt every morning, coming into work. For George, that’s changed now.
Ok, I know it’s no big deal. “One sign” the skeptics will say. “Hasn’t Eric anything better to do?” others will add. There’s a deeper point here. If this restoration, taking a grand total of a few minutes over a casual conversation, can surprise a seasoned pro like George proves anything, it proves that we haven’t even scratched the surface of our potential. George’s response is typical of the people who are the future of Winning Colours Stain Remover – the millions who have never heard of the product, let alone tried it.
The skeptics can complain all they like about the reasons why we should not succeed. But we at Winning Brands are at the front lines. We are the ones dealing with new product fans on a regular basis. These fans don’t get paid for saying something nice about Winning Colours. They don’t get anything out of sending us their thanks for solving all kinds of problems that others had failed to. Every such incident proves over again that there is a vast potential for Winning Colours Stain Remover for the simple fact that it’s the World’s Most Versatile Cleaning Solution.
A business success story isn’t like a children’s story with a nice neat plot where everything is easy with nothing but smiles. There are plenty of obstacles to overcome, and we are doing exactly that. When we cross the finishing line and achieve our goals, the skeptics can look for some other hard working group to try to pull down.
In the meantime, undeterred, Winning Brands advances.
.
If you look in the ibox there is a spreadsheet that states total store count at 4,316 on 1/1/2010
To add another aspect to my last post is the addition of Duane Reade. The reasons for excitement there is because the congested population of that region, and we will be located either on the counter, or in close proximity. This alone will will drive awareness in itself, and it's all part of the process. Most times when seeking product placement in new retailers it's a take what you can get situation, and push for a better situation as time advances, and more sales data can be used as leverage. Below is an example:
We placed product in Canadian Tire years ago, although sales may not have been great it was enough to keep us in these locations. As time went on, we were allowed to do testing of the rolling display carts in some of those locations, and as a result WNBD has hired personnel to go to additional locations and install new display carts. Now, that sales data can be used as leverage in other retailers across the country (Lowes, Home Depot, ect..) This may be the same situation with Duane Reade over time, if sales are significant we can use the counter display as leverage of compared sales with other similar retaiers with the data obtained. The same applies to the clip strip situation and so on...
It boils down to getting your foot in the door first, then using collected data as leverage to push for optimum product sales performance.
Honestly Dennis, I like the fact we are in Spartan locations, and would like to know how well we are doing there, but it's not of utmost importance on my list. All sales add to the bottome line, but this is not the type of location to put us over the top IMO. What I look for is the cummulative aspect Spartans will add when additional big box retailers are added in that area, and product awareness campaigns can begin. So for me, as long as we can remain in the attained locations until such time the product becomes better know, I'm okay with that, because I know sales in all locations will increase at that time.
It's also a possibility the majority of those locations are known to still be carring the products due to field related experiences, and verification is only needed on the percentage of locations in question.
Keeping up with inventory within your own business is very easy, but it's not even practical to keep up with someone else's inventory lol. Knowing how sales are doing within a given chain is much more practical, and I'm quite sure Eric knows how well they are performing across the entire chain, but not each location. All these answers you are demanding may need to be addressed to Eric as opposed to the board, especially if you think he knows everytime a bottle is sold.
It's not the responsibility of Winning Brands to keep up with Spartan's inventory, or how many bottles they sell daily, that silly to even assume. It only becomes Winning Brands responsibility to create product awareness to drive sales, and have product delivered when ordered.
It's nice to have the opportunity to spot check retail locations in your area to try and get a glimps of how well a product is selling. Many times the results seen locally aren't as accurate as they are across the broader spectrum of the chain. There are alot of factors figured into how well a certain location does, and adjustments can be made to increase sales in the slower moving locations. The important factor in determining sales across the entire retail chain can be judged by reorders/replenishment updates, and the statement below shows things must not be a bleak among the other locations as you "think" they are in the ones you visited.