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This post really doesn't deserve a response based on the totally irrational line of illogical thinking, and the valuation that would give the company.
Do you really believe that a company that has products in over 5,500 retail locations, has a small manufacturing plant, owns the rights to many other product lines, has the largest paint sundries distributor in North America as it's distributor, has products in several of the largest national chains in Canada, has products in Lowes USA (only 3 at this point) has an agreement to be in Sams road Show, will be in the largest pharmacy in manhatten (owned by Walgreens) has the possibility of being in many grocers (clip-strip test 50 locations 7,000 total possible) the list goes on and on and on.....but this is a company that should have a market cap under $480,000....Get real man, that kind of stuff makes me laugh.
People can continue to turn a blind eye to current ongoing developements, they can continue to beat up on the company hoping to drive the SP down, they can continue to focus and expound on any negative comments made on this board, but they can't stop the growth or operational progress being made by WNBD. Those with their eyes open can see the obsticals that are being dealt with, but don't let it blurr their vision from seeing the progress. Below is some of the ERCM related items that continues to progress regardless of the nay-sayers contentions. I'm sure there are other relationships that developed there that haven't been made public at this point.
I believe Duane Reade is expected to have product on shelves in Janurary according to the CC. They are also owned by Walgreens.
Duane Reade: Winning Colours has been approved in principle to participate in a test in all outlets of the Manhattan pharmacy chain, subject to procedural details being agreed, with a target launch window of January. Procedural details include, amongst other things, participating in a sampling program at Grand Central Terminal and Port Authority of New York locations. Winning Brands has already manufactured and paid for 50,000 new “PocketPaks” for this purpose, which Winning Brands holds in inventory. The arrangement would also include the installation of Winning Brands custom display racks for 4-ounce bottles, holding 48-bottles each, in the stores. However, until the arrangements are actually in place, they are still in the realm of being an update on progress only.
The possibility exists that Winning Colours Stain Remover may appear in approximately 250 Manhattan pharmacies in January. The case can be made that saturation advertising in Manhattan to support the brand is a higher TV priority
A follow-up to my note of October 5th: Things are looking promising for the commencement of a special in-store test of 600 4-oz Winning Colours Stain Remover bottles on hang tags, to be distributed into approximately 50 retail locations in a variety of settings in partnership with a specialized U.S. distributor that services such installations nationally. This will put a dozen bottles into a diverse number of environments to gauge pick-up. This distributor looks after about 7,000 locations in total.
Sam’s Club: Winning Colours has been approved in principle to participate in a test under the Road Show program to launch Winning Colours’ new Club Size concept. Procedural details are being worked out now.
Now, in preparation for anticipated higher production volume in 2011 and beyond, we are adjusting responsibilities in the production team at Winning Brands to boost emphasis on “day-to-day” management of all manufacturing issues to suit a continuous production environment.
Oct
28
Shareholder Question: News Release
by Eric Lehner
.QUESTION:
“…Perhaps now would be a great time for some type of press release to bolster the feelings of the investor and the share price…”
ANSWER:
That’s an understandable comment. The idea behind it no doubt is that more news would help the company’s current low share price. The share price is not helped by News Releases, it is helped by news of substantive positive developments. There is a big difference between the two. It would be an insult to the intelligence of all parties concerned if the company were to simply churn out material for the sake of it. The reason that it would be a futile exercise is that the “market” is far more sophisticated than that. The current market capitalization of the firm is in the neighbourhood of $4.6 Million because ”the market” feels that this is an appropriate valuation given the challenges we face and the upside that we have. Aside from being of questionable ethics to simply “pump” the stock, it is a vast underestimation of the savvy in the market. Issuing News Releases for the sake of driving up share prices is the equivalent of firing blanks because it requires statements that make a big noise but have no real substance. Does anyone recognize the look of News Releases touting multi-million dollar transactions that never come to fruition? It’s a practice that is seen for what it is and pulls the rug out from under itself because of its circular purpose.
What will increase the share price, sustainably, so that current investors can sell their holdings at a terrific capital gain, is the combination of a justified perception by “the market” that Winning Brands is worth more than its current market cap and technical factors, such as a reduction in reliance on share issuance for financing.
A positive consequence of our demonstrated commitment to building a brand success, is that we are gaining credibility with persons who wish to invest in the company, despite the current setback in the share price. My preference would be to reduce Regulation D, Rule 504 financing in favour of suitable debenture financing, with no conversion feature to equity for a full year. That technicality by itself would be far more beneficial than issuing News Releases for the sake of it. That is because the supply of shares entering the market would be greatly reduced at the same time that the company’s business has the most potential to hit its stride in the USA. A shift in focus from the one mechanism to the other is beneficial for everyone. It benefits current retail shareholders by diminishing the arrival of new shares into the market. It benefits Regulation D, Rule 504 accredited investors by fostering conditions which reward holding shares for investment intent, it benefits company personnel by permitting more focus on the business of the company, etc. However, debenture investors require comfort that the company has a legitimate and plausible business plan so that they would wish to convert their interest into to an equity status following year knowing that share prices are not manipulated.
Therefore, the firm will continue to issue News Releases, subject of course to the consent that it receives from third parties being named, but the firm is also commited to much more fundamental and sustainable practices that support the company’s perceived value and legitimacy. It is precisely because the company has been so solid in its operating style, and refuses to engage in “games” regarding its share price, that we are being brought to the attention of individuals who would be suitable (and financially capable) debenture holders.
In the meantime, as C.E.O. with a bird’s eye view of all the factors affecting the company, including discussions with prospective accounts – and my knowledge of our challenges of every type – I have never been more confident that we are going to succeed in a big way. It takes true grit at the moment, I am well aware of that. That’s why this sector of the investment market is not for everyone. It’s for the tough minded, strong and self-confident. That’s exactly why we have a relatively small number of very capable “longs” holding sizable positions. They understand the goal, the method and the advancement that we are making operationally and what it is likely to mean for the share price in due course.
.
Why would you guesstimate any deals cut without doing proper DD on the topic?
I would put it on the back burner also. people are starting to call piggly wiggly asking questions and they never heard of winning colors. I would guesstamate he cut a deal with a local owned store to place his product on the shelf so he could tout it in a PR to sell shares. the impression was piggly wiggly the chain was going to carry his cleaner and that never was the case. call the distribution centers and they will tell you they never heard of this product
yep! that was the PR. how many bottles have been sold @ the Pig?
Don't be foolish, If I knew it or even thought it, I wouldn't be here any longer. That brings me to the conclusion that many who profess to know it or believe it really don't, or they wouldn't be hanging around either.
Apparently the masses don't think this is going to happen; or they would be in at these prices already; don't be foolish, it's just about done here, and you know it.
Harley
If you are talking about the handfull of investors/traders that actually know or follow WNBD you may be right about the buyer exhaustion statement, but there is a much larger audience than I-Hub you are forgetting about. It's shows a narrow line of thinking to even consider money won't pour into this stock when/if mass market penetration is achieved, and those sitting on the fence or those who find out after the fact will have trouble getting the quantity of shares they can accumulate now. Also they will pay an escalating premium trying to accumulate a sizeable position.
Seems this company has been promoted and PR'ed to absolutely freakin death. Absolute and total buyer exhaustion has set in. I wouldn't waste my money since millions of shares are waiting to be dumped into any PR campaign. The company can't afford to do it, so they want YOU to.
The quite period from the company, and the proposed three week deadline by SC seems like a delay to move alot of shares.
This site comes up on page 4 of a google search of eco friendly stain removers.
http://www.squidoo.com/winningcolours
Haha, that makes two of us, on the bright side though....He has plenty of room to run this scam without having to R/S in the near future.
The market cap listed is wrong, or maybe they put that dollar sign in the way, but it is over 1.9 million.
No, because restricted shares are included in the number of issued and outstanding (O/S) but are'nt included in the free trading float until the restricted ledgends are removed. It appears the float increased well above what was supposed to be restricted in Canada, so that would mean shares other than what is supposedly held in Canada has hit the market also.
I agree, but it's the old "if a tree falls in the forest" situation lol.
I understand, here is a couple and there are more.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53737533
And lonewolf can start howling lol
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53349947
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53046135
Just a little bit different when it's public knowledge that the company is raising capital. This has been done under the ruse that he had a non-dilute agreement with the IRO. We all know pinkies don't alert the public when they are diluting, but the repeated info from the IR about no dilution makes it suspect. See the difference there???
It one thing for a CEO to state he believes the company's stock is undervalued, but to encourage people to buy or add to their holdings while dumping over 2 billion shares should be criminal.
I think the share price is too low and some people will be addressing that soon. Since you have been in for so long, you should definitely being adding to your holdings at these prices.
$300 per million shares is very attractive here
My boats been loaded, but add more when funds are available.
I agree, way too fast paced. I could'nt understand half of what was being said, and I kinda knew the direction it was headed in. I can't imagine trying to figure it out if you know nothing about the product.
I can sit here in my recliner on Sunday watching my favorite football team, then complain, and second guess many of the plays called by the coach. When they end up with a victory all my analogy is out the window lol. I might can say "boy they almost blew that one" but in the end the outcome was the same as I wanted. This is what I see alot of going on with Eric's decisions. The fact that it's unlikely any football coach could become successful all by himself gives credence to the direction Eric has taken this company. He has begun to surround himself with others who are professionals in their respected fields, and preparing them for what's ahead in the future. In the end Eric will be the one receiving glory or grief, but he is certainly setting it up for a team effort for success.
Given historical information provided over the past year or two, and understanding it has been fairly consistant up to the end of the last quarter (end of Sept) I could assume somewhere around 16-18 percent of them could be coming from 504 seller, and the remaining 82-84 percent coming from anyone else who holds shares.
It really matters not since there must be a buyer as well for transactions to become possible.
With the volume being so low it could be anyone. What's your guess?
If you say it's a cloudy day I can look up your location on the internet, and verify weather conditions there. When you continue to state the stores you visit are'nt carrying winning colours, but refuse to give the addresses of those locations makes one wonder about your intentions.
There is no comparision between weather conditions, and something money can be made or lost in.... so therefore I would say there is interest or concern on your part for spending as much time here as you do.... or you have ill intentions for being here.
I agree Wadi, this a repost from earlier but it sheds some light along the lines that 504 isn't soley responsible for for the current share price. Also just because new shares are issued it does'nt mean 100% of them hit the market immediately.
lbdave Share Friday, October 01, 2010 3:45:51 PM
Re: just_an_ant post# 147940 Post # of 149375
Some numbers I posted earlier with the month of september added. I believe you are correct in the fud factor.
July - 81,113,558 shares traded
August - 119,969,599 shares traded
September - 103,342,438 shares traded
Total of - 304,425,595 shares traded for the qtr.
Addition of - 48,000,000 shares for the qtr.
Looks like many continue to fear the dilution after being reasured every posting it's not as much as everyone expected. Very responsible capital funding considering the retail locations and advertising taking place. Winning Brands Corporation (WNB
Yep and it means some lucky person got a good buy on 888 shares. I hope you aren't telling us you believe in MM codes are you, if so maybe that explains alot of things posted lol.
You really didn't expect one did you lol. I asked several times myself.
If the vetting process is satisfied with the international client, and the deal is closed that will be a nice beginning/boost to the Q4 fins.
You bring this up as if it's something new or concealed from investors, and it has to make one wonder why lol. This has been no secret to investors, and every company goes public for the purpose of raising capital. Below is a link to a post that shows historical data of share count, and they have all been done through the use of 504 capital funding, so it's all here for everyone to see. I for one feel the capital raised has been put to good use, and we will soon see the fruits of their labor.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55865175
To make it easier for me why don't you post the stores you've already verified, and I can see for myself. I don't think piggly wiggly has it in all their stores anyway.
Hey Penny, how about listing the ones you called so I can verify just like you did.
According to past information it should be in the neighborhood of 80-100 thousand dollars.
You're right, much to smart to play games.
Your with me on what? You have me lost with that post.
That's all I'm asking for Bogey, but for some reason he seems to not want to provide the requested information.
If I make a post as a fact, I have no problem providing the information so others can confirm their DD, and honestly I have no reason to doubt some of the Spartan stores may not have the product, but I would like to verify for myself.
I'm not saying I don't believe you. You posted your DD about a store, and I simply asked for the address to do my DD. I don't understand why that would be a problem for you.
That's why I'm asking you, or do you want to beat around the bush? Actually I'll probably just use the phone as opposed to flying up there, as it's much cheaper these days. I asked a simple question in regards to your post so I can do my own DD, so why is that a problem for you to give the address?
What's the address of that store Dennis?
You know the SEC won't provide that type of information, but there are memos discussing the filing of the form D's in which Eric was given direction from the SEC.
The discount of 504 shares is not information you will ever get from a company, but there are some old post on this board where a member was told by Eric he tried to keep it 30% or less.
That's all I have on either of these two subjects, but others may know more.
When it comes to the 504's you speak of there have been open 504's since the inception of the company. Under the 504 rule they have the availabiity to raise 1 million in capital each year. For every year since the inception they have filed extensions to extend that period beyond the 1 year period. They don't issue shares to raise capital all at once, they use access to capital as needed for operations and growth innitiatives. Dilution has been slowing over time as sales have been increasing. Dilution has been a necessity, but history shows it has been responsible and capital raised has created company growth. Nobody like to see dilution, but it is essential for growt initiatives until if/when the company can become self-sustaining, and it has been slowing as these initiatives increase sales.
If that's what your DD shows you then you are right in not investing in the company. My DD shows me they are setting up the infrastructure of WNBD for future growth with sustainability. It's all about what you preceive as growth, and in what order it needs to be achieved.
Yep, almost completely unbelievable to think a public company would need to raise capital for growth lol. Why the nerve of them!!!