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If you want to argue the share price that's one thing, and you win that arguement, which seems to be the end result of your point, but to argue product placement you are way, way, way, off base.
Not even close lol. Major retailers product placement is decided at the corporate level through a program called plan-o-gram. This is the reason you see the majority of all major retail stores set up exactly the same. These programs can change throughout the year, but generally they only vary slightly on a quarterly basis if new products are taken on by the retailer. They are also given a certain amount of leadway to change placement for promotional reasons. Shelf space at these retailers are prime realestate, and thus the reaon the hands of local management are somewhat tied without permission from district, regional, or national corporate managers.
Some aspects are important to understand related to shorting, but I honestly wouldn't waste a lot of time trying to understand all aspects of it when dealing in OTC issues. The corrutpion runs rampant down here, and it's unfortunate that is usually perpetrated by management or insiders. Most of these companies aren't registered with the SEC, therefore the sale of unregistered shares are a means of funding for these companies. just one example here, accredited investors will buy discounted shares from the company at a large discount to market value. There are no time restrictions for holding per se, on these shares. They are supposed to hold them for investment purposes, but no real time restriction. Many times these funders will short against the paper prior to the TA removing any ledgends which may restrict them from being free trading, so once the ledgends are removed they will simply deposit the certs to clear their position. Way too much corruption to try to figure out lol.
Certainly not trying to prove you are anyone wrong here, but there is an explaination of the finra daily short list, and what it means in relation to short, or naked short sells.
Wow, what an intelligent observation that is. I'm sure that's what they are doing and can't believe you figured it all out. You know the Navy and Coast Guard always have plenty of extra storage space, so why not let items sit around to see how long they may lasy lol. GOOD JOB!!!!!!!
Would be nice to see the bid follow the ask up a little lol. WE NEED VOLUME HERE.
If every SJ film being promoted at the film festival were to sell, do you have any idea how much revenue that would be for MIKP? The problem is, not only has the structure of the deal not been revealed to shareholders, but how MIKP supposedly aquired SJ has not been fully disclosed either. So we could recieve a PR stating X number of films were sold for X amount of dollars, but the bottom line is, I doubt it will be revealed how much of the revenue will go into MIKP coffers.
As any business person knows, you can never have too much cash on hand, but sometimes you have to work with what you have. As far as friendly financing and landing a full roll out in a US big box retailer could have a distinct connection. There are many sayings that could apply to this situation if it's possible or maybe even in the works, They would be which came first, the chicken or the egg.....putting the cart ahead of the horse ect.... without knowing the possibilty of the financing, or the possibility of landing that big box retailer it's hard to say what could be in any contracts. Could be financing would be made available if a full roll out in a big box retailer is accomplished.... and could be that a branding/marketing budget would be included in the contract from the funding in order to get big box retailer on as a client. One just never knows what goes on behind closed doors.
I think your assesment below is somewhat accurate, and is a situation you and others may see as a problem, but it may be great change in operational proceedures that will be a huge benefit in the long run.
thank you for your opinion, and I agree with you on the branding budget issues, as Eric pretty much stated the same. I do dissagree with customers paying for their orders given the fact WNBD has PO financing available for their orders. There still has to be additional funding coming in from somewhere in my opinion.
a different subject, I do have a question for you, and hope you will provide an unbiased opinion on the matter.
Winning brands hasn't issued discounted shares for several months now, but funding has to be coming from somewhere. I understand we don't know the details of such funding, and WNBD has cut cost considerably thus reducing the monthly operating budget, but there are some things that remain clear. Someone who has more information than we are entitled too sees a reason for throwing a sizable amount of capital to WNBD. Knowing the liquidity is almost neil, and past revenues are lack luster to say the least, so, what do you think they see that would prompt them to support the long term goals of this company in the state that many people think they are in?
I hope you don't think you are the only one here who has had the character brought into question lol. There have been many here who's character has been brought into question, and I am one of them. There are numerous post about me, and many many PM's recieved on my character, so don't feel like the lone ranger here. If you're right, "and I was" it becomes a simple personal question to me. Do I rise above it, or do I stoop to that level? I expained my situation, and rose above it. People either believe you or they don't, but I see no reason to create a vendetta against those or others.....but that was my choice, and you are entitled to your's.
Doog I certainly don't have a problem with objectivity, or opinions that don't coinside with my own. It's the diiminished value that this objectivity brings when it's repeated over and over again, or ends with a weeeeeeeeeee. That makes the objections lose all credibility, and gives many people the assumption that they are motive driven, as opposed to a cause for concern.
I'm certainly not saying there is any conspicacy theory going on doog lol. I'm simply saying if you have an opportunity to get the answers to your concerns (as proven by the answers to your questions) then why waste time flooding the board with such banter? Either you really want an answer, or you want to continue to address these issues to people on the board who can't provide these answers......It's as simple as that.
I believe the most telling attribute to the response from the CEO is that he is accessabe to shareholders and non-shareholders. With the response to every question posed, it should now be known to all that the continued banter on issues that seem to dominate the board really isn't that necessary. As opposed to spending days, weeks, or months slamming the company for issues that are of concern to you, it's a fact that a simple email to the CEO will get you the answers, unless of course, there are other reasons for not actually wanting the answers.
Generally, if the SEC has recieved complaints, or finds irregularities in filings or press releases on the own, they will do some initial investigation on their own. If they find problems for whatever reasons that raise concerns, they will send an inquiry to the company for explainations regarding their concerns. If these concers are'nt adderssed at all, or not addressed adaquatly, the SEC will suspend trading for the maximum of time under their authority. This is the way these suspensions usually occur, but i'm sure there are some that pose a severe threat to the investing public that are handled differently.
The argument you speak of was of was a response to a post made with peeps blaming the SEC for the suspension, if you follow the thread. I'm certainly not here to bash the company, it is what it is, but to blame anyone other than the CEO is absured. Many of us have been stuck in suspended stocks before, and after years there are those who still defend the CEO, and blame the SEC.
Most SEC suspensions don't come out of the blue to the CEO's but they blinb-side the shareholders. Generally an inquiry is sent the the company requesting information to validate the questions raised by the SEC. If these inquiries go unanswered, or the answers supplied don't validate the past claims made made by the company, then the SEC will move forward with the suspension. So, to think Mark had no idea the was a possibility would be inaccurate.
Sorry maronto1, I misread your last post and thought you were refering to shareholders. The assumption that the SEC suspends stocks without any reason is completely false. You had best believe they had reasons, and thus the suspension.
The SEC only stopped one person to give a ticket for what they believe is misleading information. The 300-400 you speak of were innocent of any crimes, and were victim of the CEO's negligence, not the actions taken by the SEC.
LOL, No need in continueing the discussion. It's hard to convince someone who's stuck that SEC enforcement isn't always fair, but it's necessary. Your not the only one been stuck in suspended stocks before, and it's a tough lick when it happens, but it's a chance we take while playing this market, so don't blame the enforcement agency, blame the CEO who got you in this position. Good Luck!!!!
Actually I do get the point.
Let's look at it with a more realistic example, because the one you used (burning down your own house) harms no one but the owner.
If some crooks (CEO and insiders) broke into your house and stole your valuables and money, and the police (SEC) knew who the culprit was, is it okay for them to turn a blind eye? They could keep an eye on them for awhile in hopes of recovering your valuables (selling you stock to recover your money) or they could arrest them immediately in which case your valuables are gone forever. The problem with keeping an eye on them for awhile, hoping to recover your property (allowing you to sell your stock) is that there will be many other victims getting burgularized along the way. As the saying goes "sacrifice a few to save the multidudes" applies in capital market manipulation cases. You truly are a victim in these situations, but placing fault for your loses on the enforcement agencies would be like being mad at the bank teller for giving the bank robber your money. The fault lies with CEO and insiders only. END of STORY.
what's hilarious is that there is even a discussion going on about a positive improvement to the product that probably won't effect sales lol. It was started when someone saw the improvement as a negative thing which is most hilarious.
As much attention as you pay to the blogs i'm suprised you missed those pertaining to financing, but oh well.
Haha, regardless of the CEO, regardless of the past six years, regardless of the blogs, regardless of your reason or my reason for being here, there are things that happen that are major milestones for this or any other company that get spun in a negative light. So for these individuals to think that shareholders don't realize the stress that the stock has been put under, and that the fault lies on the shoulders of the CEO is completely absured, "We understand that" but some find the need to remind shareholders about the shortfalls everyday. The fact that this company has achieved major accomplishments and continue to push forward is not a negative developement as pointed out by several on the board. The financials suck, the share price sucks, and neither may ever recover, but to find negativity in GSA approvals, sales of product to the US Coast Guard, the US Navy, testing at other military bases in Canada, Addition of retail locations through Do-It-Best, end cap displays at WalMart, Enviormental approvals, improvement to overall product durability and apperance,along with a host of other developements are completely ridiculous. The negative opinions on negative aspects of the company are warranted, but the negative spin put on positive developements are absured, and discerdit responsible post.
Most scam companies, or companies who desire to give the impression they are larger than they actually are, use those types of mailbox services to give the impression they have legitimate store front offices as opposed to a "just a mailbox" as a business address lol.
This company is a perfect example of the dynamics in play in the pinksheet markets. We have a profitable, cash flow positive company here trading at a market cap less than 30% of annual revenue. You would think those numbers would impress the market, but it won't happen here. This market is hype driven where scam companies that have never produced a dime in revenues can trade at a market cap or 10-50 million dollars lol. Our shot for forward momenteum will either be to have a promo group bring attention to this company, or to move up from the pinksheets to a market where share price value is recognized in proper valuation.
The increasing flow of information and filings sure makes it seem like something is definately in the works. The market just needs to know about it lol. History shows this stocks moves quickly when volume comes in.
Agree MTPR, the new flow of news, corporate updates, and filings seem to indicate something is on the way.
Agreed on the restriced shares, but they have held steady for the last year. Just need some buying interest and this will move fast as the past proves.
Why bother to pay for a PR?
I'm quite sure nobody on this board can answer your question, so if you are really wondering what that answer might be, i would suggest you ask the CEO and report your findings to the board.
So which is it? or just leaving wiggle room in case he pulls it off?
First Post:
I can't dispute the fact of the share price or the float, but it doesn't take a rocket scientist to realize the share price is way undervalued with a market cap or 400k as of todays close. If you think he will R/S the stock then it's not worth the gamble, but for many who believe he will stick to his word...then it's a different story. We could argue all night about different aspects of WNBD and the market, but you know this market and penny players have no relation to the company's growth. As I have always said, it will take something other than penny players with a longer term outlook on the actual business to step up and push this thing farther. If th company suceeds those investors will step up, and if not, it's unlikely the momo or hype will return with penny players.