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Every new venture, the expenses exceed sales for a significant period of time, sometimes even years, 10 months is not unreasonable.
THREADS might be an exception to the rule.
So 10 months is not a failure indicator.
What is significant is how much shares YOU own, not how much shares are owned by others.
All the FLATULENT SPECULATION about the upcoming show
and the value of the attendance by the company is the only ingredient for the signature NOTHING BURGER that is constantly served up here as ANALytics and DD for OTHERS to make investment decision in the company.
While not taking into consideration the list of all the FAMOUS EXHIBITORS motivation to participate, and the quality of the attendees who visit the show, and thereby becoming introduced to the GestureTek products and solutions.
The decision to EXHIBIT has been made, so let's wait and see the results, instead of second guessing management's decision to take a sensible step forward for the benefit of the shareholders, instead of trying to please the vocal ARMCHAIR HYPOTHETICAL INVESTORS.
COLLISION CONFERENCE is not a FREE LOADERS SHOW
Attendees pay about $ 1,000 to attend.
That would take a lot of
"Get free samples", and "Many cocktail invites, parties." to make it worthwhile.
If a "nothing burger flipper" decided to go and try to recoup the entrance fee, it would take a lot of work to make it worthwhile.
"That is speculation."
I think people here are intelligent enough to speculate, on more relevant topics concerning the company than put forth.
Furthermore companies would not repeatedly exhibit if the shows did not generate sale.
GestureTek has successfully exhibited in its 30 year history many times and many shows.
By the way SHOWS are not a "FLEA MARKET" that people walk out with purchased items.
It takes some time to convert a show prospect into a purchaser, specially when its a BIG TICKET ITEM" that needs several company executives to agree and sign on the purchase agreement.
GestureTek is not selling "nothing burgers"
To those that know GEOGRAPHY
and those who have yet to learn.
GestureTek is in Ontario, therfore it EXHIBITS in the ONTARIO SECTION of the
CONFERENCE not in NothingBurger Land or Patagonia.
Here is a direct link to the conference SITE for those that don't want to rely on the biased narrative and pseudo ANALysis and DD of others.
https://collisionconf.com/
Take the time to chek out the SHOW stats and the costs to attend, probably nothing burger flippers don't spend in the vicinity of $1,000 on entrance fees to attend.
So you get quality attendees from around the world to see GestureTek technology and other current inovations.
The CONFERENCE stats are;
40,000+ attendees from
140 different countries,
250+ institutional.
partner organizations,
1,250+ journalists
950+ professional investors.
Readers beware of what you read and belive!
It is OBVIOUS MORE KNOW
then the few that don't.
Furthermore they don't belive the LIES that are proffered as DD & ANALysis.
YES VIRGINIA "GestureTek is exhibiting on their own" at the upcoming show in JUNE.
The HEAD LINE clearly states
"GestureTek to Exhibit at North America’s Fastest Growing Tech Conference June 2023"
Let the readers beware, of what they read.
Hi, welcome to the BOARD
The response to your question is very relative to the amount of money you planing to put into it, and how well you can afford it.
For a GAMBLE it is a pretty good investment at these low prices.
It is probably better than most of the other OTC stocks in this price range.
The FALIURE FANS are constantly pointing to the past business performance of its cleaning products.
It is a large market and crowded and a small margin, it was scraping by with constant CAPITAL RAISE to keep it going and with the hope of rounding the corner.
That has changed now with the aqusition of GESTURETEK.
The new opportunity is immense but not immediate.
The F/F are very quick to judge it based on THEIR time line of success and biased narrative. Failing to take into consideration or realize this is not analogous to INSTANT COFFEE.
You can GOOGLE the company(GESTURETEK) and its history without having to rely on the ANALysis of some of your responders and their speculative opinions of DOOM and GLOOM.
Some of them have an AGENDA against WNBD and a NARRATIVE to support it.
It is quite apparent that they don't have a financial vested interest in the company, not that it is a requirement for comment.
It is quite evident that their POSTS and narrative would be of a more balanced nature if they had more than a nominal amount of shares to be able to claim that they have a vested interest, and claim to continue the selfless sacrifice of Mother Theresa for the benefit of humanity even at the cost of their own loss.
Your purchase/or not of shares will not affect the company or the value of its shares, unless it is a significant sum, in which case I would suggest you speak directly to the CEO.
GOOD LUCK
TWITTER postings are not the singular determinator
of stock price movement, it is only the medium, it is the MESSAGE that has an appreciable influence among the multitude of factors.
Post 240457 by TAB78 is a precise observation of the consensus of opinions of the various POSTERS on this platform of any ACTION taken by the CEO and/or company.
So his actions are a no win situation.
That is probably why he sees no point in participating on this platform, while he is quite prolific on TWITTER which is labeled by the posters here as malficent information propogator.
By the way none of the FORWARD LOOKING STATEMENTS have a time line attached to them.
Therefore a delayed implementation or change of course in their execution does not automatically label the TWEETS as the list suggested by the active posters on this board.
Why is Twitter not
a relevant form of free PR for a penny stock....
Twitter is sufficiently adequate to inform the shareholders or any interested parties of developments in the CORPORATION on a daily basis.
There seems to be quite a bit more diverse engagement and number of participants there than here.
You will notice a LOT of the TWITTER exchanges are quoted HERE.
Only a significant corporate development is worthy/necessary of PR.
The benefit of the PR being that a BOKERAGE or NEWS OUTLET will publish it in their MEDIA to benefit their audience.
That only happens if the information contained in it is of HIGH VALUE, not general daily events that is of interest to shareholders or contemplating INVESTORS.
This is just an opinion not a proven fact that has to have proof to be valid, for those that want to dispute it.
$WNBD is transitioning from a cleaning and chemical manufacturing/distribution company to TECH company with its aqusition of GESTURETEK.
This development could be a game changer for this company and its shares holders.
It is worthwhile to investigate the potential of its FUTURE.
CRITIC & FORWARD LOOKING STATEMENTS
DO require the same honesty & Integrity but are not comparable in their nature and purpose and execution.
FORWARD LOOKING STATEMENT:
It is a release by a CEO of expected future course of action or results based on the current FACTS and future plans of the company, but not a promise or guarantee of performance or immutable course of action without the right to adjustment
as stated in the legal disclaimer.
The only legal requirement is that forward looking statement is FEASIBLE by the company at the time of the statement.
Whereas the ANALyzers and opinionators make statements to suit their narrative of failure based on some short comings of the company whether real or perceived.
They have NO RESPONSIBILITY to be acurate or truthful about what they write.
Ultimately each individual makes their decision about the credibility of the information they are provided.
Foundation and Principals of fair criticism;
Direct quote from post 240411
"is an expression of a belief, feeling, not factual, therefore facts are not required."
This is the reliability of the ANALysis and opinions that is proffered here for our BENEFIT.
“The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is.”
"fair criticism"
It is only possible, if and when ALL RELEVANT FACTS ARE KNOWN and taken into consideration.
Otherwise it is just a biased opinion or hot air at best.
It must be a slow news day.
Can someone explain,
What does displaying the;
"Cancellation Refund Schedule"
have to do with the company attending a trade show currently in session.
Well, there is no PR,
because they are not Hollywood productions.
When there is going to be something noteworthy I think it will become available to be ANALyzed by the MARKET WIZARDS.
FALSE & MISLEADING
and now
THE TRUE FACTS
MarketWatch is a website that provides financial information, business news, analysis, and stock market data.
Along with The Wall Street Journal and Barron's,
it is a subsidiary of Dow Jones & Company,
a property of News Corp.
Source: Wikipedia
Quoting from your source;
"Competitors, such as GestureTek, focused on multiple applications of gesture-based technology, and have sold variations on the theme in a variety of environments, including museums, nightclubs, tradeshows and many more.
Their focus is on supporting multiple products leveraging gesture-based technology and many use cases, rather than what appeared to be a single threaded focus for Reactrix."
Some people always focus on the empty half of the glass and looking to spill the remainder.
That is the summation of their "opinion only"
This might be a start;
Recent Tweet from Eric;
$WNBD #GestureTek Congratulations to Erol Vekil & Vincent J Vincent for new $45,000 GestureTek equipment order received today from a community service organization that will be named after delivery and installation in approximately 8 weeks. Our new headquarters = positive energy!
Google search, Not a SNL* production.
I suggested a direct GOOGLE search for the readers that are interested to know the facts NOT a SNL* presentation and a self serving narrative of the GOOGLE search by the "nothing burger" flipper turned TECHNO EXPERT.
*(Satterday Night Live)
This narrative has all over it the grease from the "nothing burger" kitchen and the opinion of the flipper turned BUSINESS EXPERT.
It was probably produced while flipping the "nothing burgers"
Is the EARTH FLAT?
The only somewhat undisputed statement in the litany of proported "facts" is the concluding one, "extremely challenging.", however its newsworthines at the current time is equivalent to the statement "the earth is NOT FLAT".
The rest of the inaccurate, misleading,and out of context "facts" really have no bearing on the future outcome of GESTURETEK'S successes, therfore clarifying and refuting them is simply not worth the time it takes.
They are simply SOAP BOX ORATIONS to support a "private narrative".
The most important TRUE FACT in the vesting order was not included in the list of FACTS, by the purveyor of opinion and facts either inadvertently or intentionaly.
This has the most important bearing on the future success of GT.
Vesting order. Page 13
SCHEDULE “C”
Permitted Encumbrances: None
"I think Google agrees with me" opinion
is a poor substitute for FACTS that GOOGLE has gathered and reported and published over the years, REPORTS, NEWS COVERAGE, TESTAMONIALS, and AWARDS, etc. from REPUTABLE INSTITUTIONS and independent unbiased sources.
That abundant source of material does not require the reader to rely on someone else's thinking and or opinion to reach an intelligent conclusion as to the current inherent value of GESTURETEK.
The "(fact)" of bankruptcy was only applicable to a certain part of the whole GESTURETEK ENTITY, which does not negate or invalidate the WHOLE entity because one person thinks so.
There are approximately 3,000 shareholders, most of whom KNOW/THINK otherwise, and the AUTHORS of the combined collection of source material presented by GOOGLE, so who is likely to be CORRECT about GESTURETEK?
The bankruptcy was a financial failure (due to some special fiscal circumstances of that period) not a technology failure, it does not negate the PATENTS, AWARDS, INSTALLATIONS, TESTAMONIALS, etc. of GESTURETEK because someone "thinks" otherwise.
Implying that the past financial difficulty is an unrecoverable terminal illness and still currently applicable is certainly the diagnosis of a QUACK DOCTOR with his own illness.
BTW "The danger" is only in the mind of some ill informed farmer.
Furthermore it is the above GOOGLE SOURCES that provides THE TRUE PICTURE and VALUE of the potential of GESTURETEK, and not the bankruptcy amount of 4.5 million printed on a piece of paper.
On the contrary the $4.5 million proves a very high value for the company, since the people in the KNOW extended that kind of credit.
They would not have extended that kind of credit to a company if it was truly only valued at $9,000 in hard assets plus $1,000 in trade marks.
From the documents it is EVIDENT that the PATENTS were not included in the bankruptcy, providing further proof that the snipets of documents that are provided to show a private narrative do not show THE WHOLE PICTURE of GESTURETEK.
Furthermore for the benefit of the readers the PAST DEBTS have been eliminated by the bankruptcy, so it has no detrimental affect on the company moving forward.
The documents provided have NO BEARING on the future of GESTURETEK, nor much relevance to current due diligence for a prospective investor, they are simply misused snipets of information to support some private agenda.
“The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is.”
Google disagrees with the idea of
"Gesture Tech has done nothing since its birth!"
It is very simple to KNOW the FACTS.
Just GOOGLE "GESTURETEK" you will find multiple pages of news and accomplishments of GESTURETEK.
SADLY the people are too lazy to do it, and rather read ignorant rants of ill informed people.
“The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is.”
SOURCE GOOGLE:
"Be patient as carob trees grow slowly at first but begin to bear fruit in the sixth year of planting and may remain productive for 80 to 100 years.Feb 13, 2023"
GT has just been planted.
Does anyone know the current significance of this discovery?
"Warning, warning!", "Danger, danger!" "We're doomed"! **
"WNBD out of stock again in Home Depot."
Everybody SELL your stock.
**Lost in Space
To all POSTING READERS!
“Past performance is not indicative of future results”
is a regulatory risk warning on most investment oriented material that everyone knows.
So I think it applies here EQUALLY,
notwithstanding that some of the POSTERS here try to make readers BELIEVE otherwise.
I am looking forward to the OPINIATORS & ANALators in depth comments on this News Release.
I think the esteemed DOCTOR will SADLY give it a misdiagnosis of DILUSIONal grandstanding.
However for the RESTOFUS, it will be FESTIVUS.
The INTELLIGENT readers will READ the LINES, and not in-between, and also finish reading that these are "FORWARD LOOKING STATEMENTS"
I wonder if WNBD has or can formulate SPlatter Guard to protect us and help us remove dysfunctional opinions and analysis of WNBD & other OTC companies.
I am certain that such a product would increase the value of WNBD multifold to the benefit of all SHAREHOLDERS.
Does anyone know if there is an alternate company that has such a product that could be implemented for such results.
From your mouth to the INVESTORS ears & pockets.
GARBAGE is valuable
for those who know what to do with it.
For CELEBRATION or funeral?
"separate entity not affected by the Bankruptcy"
LEGALLY, but operationally is another matter.
All monies are the same for Reg "A".
It does not matter whether it is "Grandma" or "Hedge Funds" or any other source of funds.
"versus real investors, is the way I look at it."
Could you please describe the difference between buyers of Reg. "A" and your designation of "real investors"
"That works both ways as likely many lost money with him."
Thank you for your undocumented keen insight.
Please tell us which public company that you know of that has all its shareholders 100% winners and satisfied with its performance.
However YOU don't hesitate to share ALL your personal opinions about the company, accurate or not.
This information that I asked you, would inform us all what your TRUE belief is about the company, that is if you had any shares in the company, that you post so much about.
"I choose reality and seeing is believing."
Therfore does it mean that you are liquidating your WNBD holdings?
Boeing reports $3.3 billion loss.
In view of the above, we are doing better.
So sorry for you, that you have been following it 17+ years and not getting bored of commenting on it.
In all these years you have not found something more profitable.
There are thousands of other stocks that you can apply your talents for more profitable results.
It makes me wonder about the validity of your comments and opinions.
How do you know that your followers are not dogs?
Could you please provide the reference for your excerpt.