HEy board - I wanted to give my perspective on what I think might happen to WNBD in the next two months. Some of it is my my opinion - and pure guesswork...So dont hold me to it. Its fun to dream though:)
Okay I think this stock will be trading over 10 cents in about three months and here is why:
1) Here is an exceprt from an email I received from Eric a couple months ago.....We've all heard this though but....
The highest quality method for a company to reverse dilution and increase its share prices is to purchase them back from the market. This is what I would like to do when the company reaches circumstances of profitability and larger scale of operation. That’s what we are laying the foundation for – that’s my goal – to eventually start seeing the share count decrease by diverting a percentage of future profits back to the shareholders by way of increasing their percentage holding of the company and making their holding more valuable in dollar terms. If the company were very successful, market makers would know that to short sell the shares would be very risky.
Okay so it looks as though when the company is profitable - we see Eric buying back....Do I think the company is profitable...HMMM actually no I dont. If they are - not by much...sorry Not yet...But check out #2
#2)Home Depot Canada, Wlamart Canada, ORGIL (THIS WAS BIG), Home Hardware, Pearsons, etc etc - BUT this will all be minor compared to when the National Account comes...Why - cause once one Big company comes over to play, all the others show up...This I think is pretty much a fact.. 5 years ago - nobody ever heard of 7th generation - now its everywhere ....So once we get that NA Ibet we get profitable REAL QUICK - and when that happens look for buybacks and for Eric to give some numbers....Just guessing here but it makes sense...
3) Okay did you guys check out Tibs Map? Wow! Thanks for that...But more importantly Ive been looking at those guys and gals that have had positions for over a year...Now they have XXX amount of shares..Hell I think Soapy has about 600 million himself. LOL...What I am trying to say here is - that although i cant speak for those people, they def have a lot of shares that they are holding on to ...Again, I dont know there game plan - but to me it seems like these people are in it for long time...Am I wrong? Maybe But Im in this for a long time...
So I bet at the very least (and this is just a guess) that about 300 - 400 million shares are in the hands of the longs. JUST guessing
4) SO....a buyback(possibly)....many of the shares in the hands of the longs, a national account maybe, ORGILL (this was big)and a CEO that cmon lets face it is pretty dang classy......its looks pretty good
5) I havent even talked about wet cleaning, or Reguard, or Trackmoist, or whats in the future for WNBD
So thats why I think this might be VERY GOOD for us in the upcoming months.
Good luck to everyone.
AI
