We try to back everything up here, EXCEPT,,,
wnbd's Share Structure.
We Know that there are 5 Billion Authorized Shares,
and at least 500 Million Currently Outstanding.
There must be a 'reason' for 10 TIMES AS MANY AUTHORIZED,
as there are Currently Outstanding.
But, the CEO won't explain why. Except for an anti-logical
excuse that non-reporting pinks have some secret special
'access' to some unknown secret special source of new
'capital' , that goes away if wnbd is not pink.
We short-term shorters are betting that we know exactly why
wnbd Has To stay pink, and hide its share structure,
and gag its T/A, and only leak out its growing float,
very much after it has already happened. And, have an
A/S that is 10 Times Higher than 'necessary' .
[By the way, the Authorized could be lowered or raised in
1 day for any pink. It would only be originated + KEPT
10 Times too high, for a very good reason. And, it would
Not ever get to be 10 Times too high, if it did not
Have To Be 10 Times Too High.]
And, it explains exactly why wnbd is pink + non-reporting.
So, here it is. It's hidden within the untold secrets about
" THE TEN MILLION PREFERRED SHARES " . We are betting that
those 10 Million Preferreds are Convertible, Right Now, or
whenever convenient, into 'ownership' of at least 80% of all
of wnbd's 'assets' , and votes. And, the votes count, even
now, before conversion. Other 'companies' , with large and
growing revenues, today [like copi + swvc] have exactly the
same 5+x-Super-Toxic-Convertible-Preferred Share Structure.
But, they can't hide it, because they are NOT Totally
Non-Reporting, AND, they ARE based IN THE U.S.A.
That's why the Canadian Wal-Mart pump of wnbd, [a Canadian
'company' ] stalled so fast. New, and Real Investors won't
touch wnbd, except for quick flipping and day trading.
Because Real Investors' #1 care is share structure. And, when
it is permanently hidden, and/or can be changed for the much
worse, any day, without warning common 'share'holders, by
having to ask them to vote, or even Ever telling them, It's a
Super-Toxic No-Go [as wnbd fans cheer about non-toxic soap].
It's The #1 Absolute Most Massive Red Flag Possible. Much
Worse than no sales ever, or decreasing sales, or a giant new
lawsuit, or anything that takes a little time, and allows
common 'share'holders to partially escape, for a few days,
because, the 5+x Super-Toxic Massive Over-Control of 80+%
of all wnbd votes [and assets, and share value], can, at any
time Reduce common 'share' value to Absolute Zero, and day,
and Literally Over Night. So, common wnbd 'share'holders
actually own nothing, when it counts. But, it can trade, and
seem to have a 'value' , as long as longs keep buying, and
holding, and flipping, and buying more, and 'accumulating'.
But, we shorters are pretty sure that 'The Emperor's Common
Clothes Are In The Eyes Of The Believers' ONLY. And, all
votes + assets are really, and only, owned by the Preferreds.
We day-trader shorters love that extra free guaranteed
price crash insurance.
So, back to the guessing. If each 1 of those 10 Million
Preferreds currently owns 100 votes, and can be converted
any day into 100 common 'shares' , that's 1 Billion extra
'shares' , which must be counted, by accountants, in the
'Fully Diluted' share-count, Right Now, even before they are
converted, and even if they are, or may be, 'restricted' ,
for the maximum period, which was just reduced to 6 months.
[ By the way, Preferreds typically convert to 100, or more,
common shares, AND, at Zero cost to the converter. ]
But wait. That's just 1 Billion shares from the Preferred
Conversions, added to 0.5 Billion Already Outstanding,
which Totals only 1.5 Billion. But, 5 Billion were, [and
still remain] Authorized. Why would wnbd do that? And, where
are the other 3.5 Billion? We see 2 easy answers.
1] They are not missing, if each Preferred is actually worth
450 common shares + votes. Or,
2] The missing Preferreds could be 'voted for' , any day,
by the only 1 guy who owns at least 51% of all votes today.
Maybe as a 'bonus' , for selling soap to Canadian chain
stores, without even owning the factory that makes it.
[And, he could vote himself even more, if he just votes to
raise the Authorized, overnight, or do a Reverse-Split.]
Which is possible [likely?] if wnbd 'does good' , and is
sold, [right after the 1 guy votes himself 99+% ownership],
and All of the commoners split up the remaining
less-than 1% share of the net-net-net selling price.
These Facts about 'The Secret 10 Million Preferreds' should
be the First, and Only thing in the iBox. Somebody should
visit the wnbd CEO, and demand to see the documents that
define the rules for every 1 of those Preferred Shares.
extra, Sincerely ; But, oooo, of course, as usual.
P.S. ; Sorry for the probable 'news' . But, it's probably
Not news, since it has been known by at least 1 guy, ever
since he invented the 10 Million Super-Secret Preferreds,
and the 10x Authorized Share Count, to cover them, when
they are converted. [We are pretty sure that they have to
be covered by Authorizeds, even for non-reporting pinks.]
Even, maybe, in Canada. But, it never seems to bother any
pink longs, until it is way too late. As we all will soon
see, by the responses of the wnbd fans to this post.
