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This type of verifiable statistic of sales is great information to have available when trying to reach the same type retailers in the US. They are also smart enough to realize the heavier population base will likely be proportionate to sales in the US as well.
My opinion on the matter goes back to before E&E was hired as the IR firm. I believe Eric was recieving so many investors complaints about hiring an IR firm that he caved to the pressure. I'm not sure of the contract between WNBD and E&E or how much authority Eric had delegated to E&E. I understand there are many advantages to having an IR firm, but I'm not sure if there are additional cost associated as there scope of work increases. I'm certainly not saying that E&E wasn't deserving of the money they were making, but one of two things have been happening. Either Eric had the reigns held too tight as far as awareness goes from E&E, or there would be additional charges for E&E to do more work than is currently being accomplished.
It's obvious that awareness hasn't improved considerably since E&E came onboard, it seems as though Eric is still writing the PR's, Eric is till answering all shareholders questions, ect... I have questioned the reasons for spending five thousand dollars a month for these services for quite a while myself. It only seemed logical this capital could be better used elsewhere leading to revenue growth. Given the limited impact E&E has had on the stock, whether it be from WNBD's desired to micro manage, or from a "get what you pay for" type contract, I believe if cost cutting measures are being taken while the shareprice is so low this is a good place to begin.
I would hope the next time he decides to move forward on an awareness program it will be a more agressive, and expanded approach.
Thanks for the confrimation. I had not heard that rumor either, but glad to see it was just that "a rumor" and Udell is on board and excited about future possibilities.
If you look at 99.9% of companies that R/S they are generally a company wothout any revs at all, or aany possibility of generating them in the future. They have either maxed out the A/S or have no liquidity in the stock. None of this criteria fits WNBD and the CEO has always discounted that possibility at this stage of growth. IMO this isn't even a consideration at this point while capital is readily availabe to the company.
They can see it, most of them choose to use it for a particular reason, and we both know what that is lol.
Why would the wild card be a R/S at this point in time. There is still liquidity in the stock, and also approx. 3.4 billion shares left at his disposal any time capital needs to be raised. They had only diluted 1.5 billion shares over the last 5 years, and still have 3.5 billion shares left in reserves. I don't think the R/S card is even a point of consideration at this point. JMO
LOL, yeah they were a little slow today.
Makes perfect sense if you follow the thread I responded too, as liste below from top to bottom.
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littlefeets Share Wednesday, September 22, 2010 4:10:22 PM
Re: Harleyboy post# 146976 Post # of 147003
What do you see in the last trade?
Harleyboy Share Wednesday, September 22, 2010 5:13:29 PM
Re: littlefeets post# 146984 Post # of 147003
Part of a sell order filled?
Harley
lbdave Share Wednesday, September 22, 2010 5:26:53 PM
Re: Harleyboy post# 146993 Post # of 147003
Yeah, and the computer just wasn't quite fast enough to complete the remaining portion of that transaction in the last 23 seconds of the trading session lol. I got ya haha.
Manipulation occurs on both sides of the coin to close the price up, down, make charts look better, make charts look worse, holding a short position, or keeping it down for accumulation purposes, and to assume anything different would be blindly foolish.
Yeah, and the computer just wasn't quite fast enough to complete the remaining portion of that transaction in the last 23 seconds of the trading session lol. I got ya haha.
I always do.
trade as you see fit.
First of all I'm not sure I called you out either, and my post had to do with the execution a business plan that's required to achieve success. Maybe you missed the point all together. Nice little tidbits of news that shows progess regardless of how large or small is still considered progress. I evealute my position from from time to time to insure I'm comfortable with the risk vs reward ratio that I feel comfortable with. If I'm satisfied things are progressing within the expectations I have set I have no reason to complain. If they fall outside what I consider a reasonable time frame for the progress being made....I will simply move on. When I invested here I knew that bringing a product to market with the intention of acheiving mass market penetration wasn't an overnight possibility, and it would/could take many years to accomplish this goal if at all, but it was a risk I was willing to take. Not much more to say than that. It just comes down to a point of peoples tolerability, and some can stand more risk than others.
There are some great articles online that can be read for those interested in brand building. It's very important that for a successful band to be built the company must follow a proven set of standards and pay significant detail and focus on each part of the equation. It's simple to sit back and become an armchair CEO and second guess every move being made, but unless you have the knowledge to be successful, and understand the prodecures involved it only makes these message board posters sound as clueless as they actually are.
Maybe you can send ant, scup, or tib a message for them to give you their email, and you can email it to them to post for ya.
As you have seen throughout the market, there is always a sexy price where traders will come in and create the momo to get things turned around and moving. I'm not sure what that price will be, but I know it can be explosive when it happens. These things can happen strictly from a technical aspect, but if Eric throws in a catalyst to give it a jump start it could happen at anytime.
Why do you have such a problem in the memos? It's funny to watch all these boards, and see the huge difference in opinions from stock to stock. I trade stocks everyday, this is what I do, but most boards are upset because the CEO won't keep them updated on information, and they constantly bash him for that. Here we have a CEO that keeps shareholders updated and he gets bashed for that. It's just human nature to blame someone for any situation that doesn't fit our desires lol.
I for one appreciate the company updates, and don't see them a dangling carrots or whatever you want to call them. We all have the ability to determine if we like the information contained, but it doesn't mean we have to buy or sell based on what the board says about the contents. Eric has the ability to raise capital to grow the company regardless of the share price, but I like the idea of knowing what it's being used for.
You are correct, but I believe your line of thought is that if you can bash and make the share price go down, then he will have to begin an awareness program. He may be saying once things get on track for absolute success with no chance of failure, then he will be willing to begin an awareness campaign.
I'll just watch for future developements godd or bad, and make my investment decisions based on actual events, and not wish for things to happen.
Yep real, for the most part I am an easy going guy, and don't sweat the small stuff. There are only a few things that can get me a little ruffled when people mess with them, and that's my food, my family, and my money...and when you mess with my money you are messing with the other two as well. Yes I will defend my position, and they can refer to it as being in love, married too, or whatever makes them feel better. The fact is, they don't understand that some people are willing to take a chance in life, and don't need to slam others to feel better about themselves.
Not sure what cheering post you are refering too, but you can wish for whatever you want....but it still won't make any difference in the actual outcome.
Absolutly this is a long term invesment/chance, and I think we all knew that going in. In the beginning I played it like the others, but now understand the long term objective, and willing to wait for it to make it or not....but I like the long term odds.
By the way. I never said it was fun to watch this young company grow, as I've started enough businesses to understand the growing pains involved. The fun part only comes if/when success is achieved.
Another update posted on the blog.
It's kinda funny when the ask gets painted EOD the neg crew is all over it, but when the bid gets painted on a 18.50 trade they are no where to be found lol.
Would be a perfect time for news.
There is always an over reaction to the filing of the form "D" lol. It pretty much shows they are still raising apprx 50k per month, just as they have for the last year or so. It seems the 504 have created around 35 million more shares based on a 25% discount over the past two months or since the first nes offering.
How funny to see all the buys on the ask, and yet the representation on the bid side at 0007 dissapears lol.
I'll help pay their's this month, so hopefully they will pay mine in the months ahead....or at least that's the plan lol.
If it is I'm sure he will post it lol.
Nice size chunck at .0036....4,285,000 wow
Barcharts basically uses a trend following algorithmic program which follow lagging indicators. Since the market can change during the day either due to a technical or fundamental reason, those who follow charting companies like these usually miss the breakout, or end up chasing.
Why the need for people to always assume something under handed is going on lol. It could be they read the PR and went to the CEO blog site, the first subject on the blog says "answer to a shareholder's question" lol, or maybe that thought process is too logical. It also adds to the drama to assume someone is privleged more than others I guess, so let's keep the pot stirred huh. Good grief!!!!
Pretty much the type of answer I was expecting from you lol, as it had nothing to do with the question duh. Just more useless dribble about how a company manufaturing and marketing a new product to become a success should be making tons of money by now lol. The lack of busisness developement sense, and brand building never ceases to amaze me on these boards.
Glad to see you approve of the PR, and the step forward the company has taken towards transparancy to shareholders. On a more serious note, when you get time I would like for you to provide me with some information. I would like to know if there are more than a handfull of pink sheet companies which have gone to such broad measures to keep shareholders updated on information such as: current filings (good or bad) current busisness developements (without a lot of BS) frequent communication on progress of potential developements, company blog for accurate information, ect... This is not an attack, and I'm serious if there are many other companies that devulge as much information without being required to do so through SEC filings.
I like the optimism, but lets get past .001 first lol.
Just my opinion here, but I would imagine the blog will be updated at the time most other busisnesses are closed lol. This view is based on his past experience of answering emails at all times of the night. I see this as a positive event for shareholders.
The blog already has information that will be of great importance to potential investors as well as current investors which may not read the WNBD I-Hub board. Another step towards transparency.
Yep, just the mechanics of the market, and healthy for a strong move on any stock.
The only authority the SEC has without complete revocation of an issue ( which must be done through the courts)is a ten day trading halt, then these stocks usually end up trading on the grey market. There are some brokers that don't use the DTCC to clear trades, and thus the reason EESO is still trading. There is only so much the SEC can do to protect anyone, but since the CEO violated the laws the SEC will try to do what it can to stop any further damage to potential shareholdes while the process is being dealt with.
The SEC is trying to protect potential investors by the lock down. If the warnings given in regards to penny stcks on the SEC site isn't enough then the DTCC lock down serves as an additional warning to potential investors until the case is sorted out and settled.
If the SEC is supposed to protect shareholders, then I do not see how all of these extensions, while the stock is essentially in lock down and untradeable (it can be treaded by a very small number of brokers), is helping shareholders.
This was some info I posted back in march, but I know the current O/S is higher than it was then. With the large O/S count nobody can say a RS couldn't come at anytime. I hope not for shareholders, but I honestly wouldn't be suprised given the issuance history.
Oct 2005.....Incorporated
Oct 2007......Increased AS from 5 billion to 10 billion
Nov 2008.....1-4000 R/S
Dec 2008.....filings show 12.3 million OS
Sept 2009....filings show 1.4 billion OS
Mar 2010..... Increase AS 10 to 15 billion
current......10.5 billion OS