WD-40 Company (WDFC)

[monimoni]

IS WD-40 IS A CARTEL? MY DD HERE SO FAR


What is a Cartel? Based on investopedia:

A cartel is an organization created from a formal agreement between a group of producers of a good or service to regulate supply in order to regulate or manipulate prices. In other words, a cartel is a collection of otherwise independent businesses or countries that act together as if they were a single producer and thus can fix prices for the goods they produce and the services they render, without competition.

https://www.investopedia.com/terms/c/cartel.asp

This company don’t need bits to sell WD-40. I don’t even know if WD-40 has competitors because I’ve only ever heard of WD-40. They have a full-on monopoly of the WD-40 market. I don’t even know what WD-40 technically is but it’s a household name. It’s such a household name that its replaced the technical term like how how Kleenex has replaced tissues or how Chapstick has replaced lip balm. WD-40 is WD-40 is WD-40.

Take a look at this video

You can’t buy better branding than that so maybe they really do need to protect the formula with armed guards and a Brinks truck. WD-40 might be one of those inelastic products I learned about in economics. How wild would’ve been if an up-and-coming WD-40 brand had swooped in, broke into the Brinks truck, cut off the CEO’s arm and stole the suitcase? That would’ve been some shit. Now that I think about it they probably should’ve enlisted the military to help them switch banks. Transport that formula in a mother fucking tank. Just to be safe. $WDFC


Take example on on the recent lawsuit against WD-40 in Indonesia: The feud began in 2015 when WD40 filed a lawsuit for the cancellation of the Get All 40 certificate to the level of the Supreme Court (MA). However, Get All 40 managed to reclaim its rights through the Intellectual Property Rights Appeal Commission (HAKI) by taking advantage of the issuance of PP 10 of 2019, concerning Procedures for Appealing Marks in Intellectual Property Rights.

https://tributeasia.com/index.php/2021/09/09/the-brand-dispute-get-all-40-owner-suspects-theres-a-game/

The lawsuit isn't a fake news after all, it has been posted on their latest filing:
https://docoh.com/filing/105132/0000105132-21-000019/WDFC-10Q-2021Q3