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I'm sorry Sqeezer. I should have made it more clear. If there's a next time, and I'm sure there will be, I'll add (sarcastic) in there.
Sorry Ant, but I don't remember exactly when he said it. I believe it was relatively early, though. He said something to the effect of: we're in phase 2 and expecting to get into phase 3 soon.
"That was part of noise and distraction"
How can you own this stock and NOT have a sense of humor Ant? I've been upset with Eric for quite a while now. He shouldn't say half of the crap that he does. It is misleading and as far as I'm concerned he sucked many investors in at an inflated share price due to his comments. I stand by this 100%.
Come on Sqeezer I was being sarcastic. LOL Eric said in the previous cc that we have entered phase 2. The revenues project differently, though.
I was joking Dennis.
Don't worry. I'm sure we will get that US NA. What company wouldn't want to deal with Winning Brands? Eric never fails to impress me. Captain Clutch.
Just like my investment here!
We're in phase 3 of the business plan--soon to be phase 4. Congratulations if you bought in at .02 or less. LOL
"We all have the choice of selling if we dont like the the info provided."
If you bought in high because of Lowes being "imminent" you can't sell IMO. You have to hope for one more pop to save your a$$.
"I see the SAME people asking the SAME questions after they have been answered countless times...."
How about these questions for starters:
At the last cc Eric said we're in phase two of the business plan (1-3 million in revenues), but it looks like we're on pace for only 640,000; does this concern you?
Will Eric once again congratulate those who bought in under .02?
They say they will know in the first two weeks if drtv campaigne will be successful or not. We have received no feedback at all on this. Anyone concerned yet?
How can we expect to get a US NA when we can't afford the advertising it will take to support it?
I could come up with 50 more easily, but why bother? No one here can answer them and Eric certainly won't IMO. This board has turned downtrodden because many here realize that the possibility exists that we're in trouble. I continue to hope for a miracle, though. GLTA
That's one perspective, but think about the other side of that coin. Do you think that it's in the realm of possibility that Eric actually wants those type of questions? Perhaps so he doesn't have to address too many tough questions that he may not even have the answers to yet.
I believe Eric knows the questions that investors who follow WNBD closely want the answers to. Several people sent e-mails to him with some of those types of questions and they were ignored. He could have put out a memo addressing them if he wanted, but he chose not to. He may still not want to. I'm not saying this is the case, it's just a different perspective.
That was impressive. I'm sure someone will ask Eric about Jay Udell and his c-stores at the conference call. I'd like to know the status of this myself.
Perhaps Eric thinks we all forgot about this. A memo to the mods is in order here IMO.
Logic would say your correct. IMO the only thing that will help the share price now is a US NA. I hope that's what it is. I don't believe that the "current" status on pink sheets will do much for the share price now--too little too late IMO.
Dirty, I always state somewhere in my posts "IMO" because that's exactly what they are, my opinion. It is not my intention to in anyway influence or deceive anyone here about anything. That being said, I would like you to know that this is the first and last time I have ever invested in a penny stock company and I've been doing this for 20 years now. I use the word "invest" because I have never had the intention to "flip" this. I knew the business plan going in and planned to give it 3-5 years to see if perhaps I might have found the next Oxiclean. Jury is still out on that one. Good luck to us both my friend.
I would obviously be very pleased if some of these things were to happen. In terms of my opinion of Eric changing--I'm not sure. A higher share price and an opinion of a CEO are two different things.
To explain: Eric obviously screwed many people by jumping the gun with Lowes. I chalked it up to inexperience on his part. I have forgiven this because I believe it was an honest mistake. The one I have a big problem with is in the last cc he congratulated all who got in at under two cents. While this might not be a big deal to some, it was a huge slap in the face for those who have been down significantly from day one. Like he was mocking us. Every low life who trashed WNBD was able to get in at almost half the price other legitimate investors did--if there's such a thing in the land of pink sheets. The final blow was that he stopped showing us the dilution rate as it occured making us LESS transparent than ever. I had a good feeling about Eric in the beginning, which is why I invested so much here, but some of these things have definitely left me angry and bewildered.
Believe me when I say I want WNBD to be more successful than anyone and I'm pulling hard for this, but Eric needs to be more mindful of what he says/writes as it is misleading and at times insulting IMO.
P.S. I know some got their t-shirts, but not me. I don't care about it anymore, it's the point more than the shirt now.
I knew you would be the one person who would repond to this Dirty. It's pretty bad when I've read this board so long that I know all the personalities that are left on it.
I spoke the truth with everything I stated. I always have. No one said anything about violence, but I need to look him in the eyes and talk to him and I have enough money invested here that he is going to damn sure know my opinion. I have that right.
You seem like I good guy, bit of a temper, but a good guy. I appreciate your efforts, along with scup, trying to do something to create awareness for this product you obviously love. However, if you don't see through some of this BS by now you probably never will.
Eric has made some seriously misleading comments and has failed on many occasions to even execute the easiest of promises. Sometimes you have to call a spade a spade. You have had the luxury of meeting with him where others have not. You may know more than the rest of us due to this relationship, maybe you don't.
The bottom line is accountability. Back up your words with more than more future events and empty promises. Eric has said things in cc's and memo's that no CEO should have the audacity to, rookie or not. All IMO
You are right Louisa. I've gotten two people into this stock and they've been down most of the time. I find myself appoligizing over and over to them. I feel awful that I got them (and myself) into this mess. This whole thing seems so shady to me.
I'm hoping this has one more pop in it so we can all get out with minimal damage. For the record, I don't consider Eric to be anything more than a smoothe talking, false hope giving liar who can't even send me a five dollar t-shirt after 4 months.
IMO he is NOT a crook, just someone who can't get it done acting like he can. I can see most of the posters who championed this stock once seem to be gone now. That says a lot. I have considered contacting the SEC about a possible insider trading violation, but I have no proof--just a STRONG hunch.
My next vacation I will be going to Canada and it will NOT be pleasant for anyone! I am going to meet this man face to face and have a word or two with him.
For those who love the product, remember a good product does not always equal a good stock. For those still drinking the kool-aid, good luck. As usual, all IMO.
That's gonna be kind of hard since they no longer appear to be running the add. Would be nice to find something out about this. Wish we had a ceo that would e-mail the mods about important stuff, but I never get tired of seeing pictures.
Do you actually think that Walmart USA is less ruthless than Walmart Canada? Do you suspect Eric will change his policy and agree to the demands Walmart USA might place on him? What I'm wondering about is the terms of the contracts with our other retailers. If we promised them all they would get THE lowest price possible it doesn't leave a whole lot of room to negotiate with the big boys does it?
As far as c-stores and gas stations--I look at them as a form of advertising, not revenue. I would rather see our product in 300 Walmarts than 3,000 c-stores. I would completely DISREGARD the store locator at this point. IMO it doesn't mean Jack right now.
Great post. I wish you were handling this for WNBD.
Ant, I personally feel you've done a great job as a mod. I certainly believe you had no knowledge of the Walmart situation. However, it looks like some others certainly did. Perhaps friends of Erics/Lornes who knows for sure, but something doesn't feel right here anymore.
Those that keep saying that these things happen in business are correct. What they are not saying, however, is what can easily be the death blow for investors. Eric will be diluting, as usual, from a much lower share price. Our O/S could end up being so great that WNBD might never overcome it without a reverse split--making the bashers right again. We have no real idea just how much WNBD is diluting anymore because Eric, in his infinite wisdom, took that little piece of transparency away from us.
This developement is more serious than just losing Walmart-Canada IMO.
I hear ya Taki. It is a major slap in the face for all of us longs who have defended the actions of this company for months/years. To congratulate us for buying in at .02 or less (I'll never get over that one) just to prove the bashers right. Eric obviously follows this board and knows the blind loyalty many have shown him. We have been waiting for answers on many fronts for a while now. Second quarter is just about over and still no cc for the first quarter. The ONLY thing that will make me feel any degree of confidence now is a US NA tomorrow. PRE-MARKET Eric!
Eric, if you are reading this, I have one request from you. The next time we have a buyout offer of any kind can you please PR it and give those of us who bought in at a higher level a chance to get out with our shirts? Thank you.
If Eric has nothing to counter with pre-market Monday morning, than he never should have sent that memo to the mods IMO. He could have waited until the meeting with Walmart in July to say something about this. Rome could be burning and Eric is cleaning grafitti?
Thanks for clearing that up. Very "stand-up" of you. I can't PM so just know it's all good. Have a great weekend my friend.
That's real cute. It's kind of tough to be optimistic about this, though.
Ant, I understand where you're coming from. I too believe the USA is the key to WNBD's success or failure. I know there are many irons in the fire here, but if we can't stay in Walmart Canada how can we be confident in landing any US NA's?
I don't know what percentage of WNBD's revenue Walmart made up, but if our quarterly numbers decrease now that we're reporting it could be disasterous to the short term share price. The biggest problem with this is that they are still diluting and the lower the share price, the more shares we'll have to flood the market with. Obviously, this is not good. I don't want to see us dig ourselves into a hole we can't get out of.
If you really want to see .0001 so you can try to buy the whole float you may want to consider not giving ANYONE advice on when to buy or sell. Not trying to slam you, just my opinion.
We are so screwed! Anyoneone who says anything other than that is lying to themseves. It is no wonder Eric has been so quiet. One Walmart is worth many c-stores/gas stations. The only question is how low this stock will plummet. If Walmart was actually going to put us in all of their stores in Canada it would have been worth it to make the price concessions IMO. They are the number 1 retailer for a reason. Everyone knows they get the best deal possible--it's just the way it is. We need the exposure Walmart can give us IMO. If Eric doesn't PR a US NA Monday morning than he will be congratulating everyone who bought in at .005 or less in his next cc IMO.
"The lack of an update leade me to believe the results were less than spectacular."
I've been thinking the same thing. They know within two weeks if it will work or not. If this went well Eric most likely would have put out a memo beaming with confidence explaining the next step. My gut feeling is that his silence does not bode well for us. I Hope I'm wrong. GLTA
I'm sure that many are in that boat. I was able to average down somewhat, but still down 30% right now. Hopefully this will all pan out for us down the road. Right now though, I'd like to quote Eric by congratulating you for buying in at .02 or less. I know you're as proud as I am of that. LOL
OMG are you kidding? IMO almost everything you posted involved either twisting peoples words or unconfirmed numbers meant to drive this thing down. I give you credit for getting some .008's when most here did not think it possible. After watching this for three years you did not buy into the hype of N/A's or DRTV and it worked better than what I did. I am both envious and sickened by this.
Yes, I completely agree with you. His e-mail did not fill me with confidence either. He has always kept his loyal longs up to date, sometimes going into great detail, with everything going on. He should know that those that have supported this company the most are concerned and should have the common decency to either put that fear at ease or confirm it. Regardless of what the future holds for WNBD (good or bad) he is starting to act like a typical pink sheet CEO IMO.
One thing that we might have going for us is that we know two buy-out offers were made. One for Winning Brands and the other for Winning Colours only. I believe this was in the IIS. I hope that this is true and if we fail in getting our product in national chains than perhaps we can sell to some bigger company that can get it done. We should at least get out unscathed or for a small profit that way. JMO
I've been feeling the same way. They supposedly know after two weeks if our product will be successful or not with DRTV. I think a memo to the mods on how we did would be good for investor confidence--unless it sold poorly, in which case I would say nothing. Hmmm.
The "yield" sign on pink sheets is pathetic at this stage IMO. It's our accountants, lawyers, and records. What bothers me almost as much is that now Eric does not post the ammended 504 everytime he uses it. In that regard we are less transparent than we were before.
I don't know what to think about the N/A. I was buying heavily when Lowes was "imminent" and that was over a year ago. I guess we'll have to remain patient and hope for the best.
The second quarter is almost over and still no cc. When he ended the last cc by congratulating all who bought in at .02 or less I felt insulted. Anyone can by shares right now for a fraction of what I paid. IMO it would be foolish not to be a little concerned at the moment.
I don't care about that nonsense. Heck Dennis probably has more than you, but I don't care enough to look. Getting back to Dennis, understand I give him no credit for his tactics or did I refer to him as a genius. He got his .008's though, didn't he? End of story. No need to respond to this. TIA
The man was right. I didn't like his BS comments, but he obviously knows this stock. Now when 25 people ask him if he got any shares in the .008's he can proudly say yes--1,000 shares.
Me too. For over a year now.
Is it possible that maybe, just maybe, one or more members of the birdgang post regularly here?
Most CBU's have two parcel lockers. The key should be tagged 1P or 2P. Make sure you tried both lockers (if there is two). There should be two places to put a key--I believe the one on top is for the customer. The other one is for the mail carrier to release the key you used to get your package (you won't be able to get the key out of the locker after you've opened it). The reason for this is so the keys don't get lost or taken by the customer. If you call the PO tomorrow and a mailman comes and takes the key from you and opens the locker in front of you , believe me you're gonna feel like a dope.
No one knows what the percentage of products being bought by shareholders is, but does anyone think that it's high enough to skew the numbers making their two week test run less than accurate? Since Hawthorne never took on a penny stock company before would they be able to factor this into the results?
I used a profit margin of 50%, 1.5 billion O/S, and a very modest P/E ratio of 20. It's hard to even ballpark this right now, though. There are just too many variables involved. I sure hope your numbers are closer than mine.