Saturday, May 27, 2017 6:40:05 PM
Sub penny stock or not investors still want a stock that hasn't failed miserably for the last 11 years. It's not only failed at selling products they buy from another company and resell, but they have failed in joint venture like BlauAire. Sales are down some 80% over the last several years. Eric said he would have financials up to date within 30 days and that was over 19 months ago and he is still saying within 30 days.
Investors aren't looking for a sub penny stock that has a CEO that has diluted it's shares to the point it had to do a 500 for 1 RS just so it could start diluting all over again. At the rate it is currently diluting shares there will be another RS in the not so distant future. Count on it!
What's worse is that while WNBD has lost one large retailer after over the past year the CEO made the BRILLIANT decision to get rid of his sales team that helped get the products into those retailers.
I think Eric has made it quite clear he is no longer interested in selling cleaning products and he has found it much more lucrative to just dilute company shares. What happens to all the millions raised through dilutions over the years remains a mystery but one thing is sure. It's NOT being put back into promoting the products and it's not being spent on a sales team.Is it any wonder the company has been a complete failure and the stock is again sitting at NO BID?
Remember that when someone tries to convince you to sell there is something in it for them. It's not because they are concerned about your investment.
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM