Friday, December 12, 2008 4:27:54 PM
They dont need to put much $$ into R/D anymore... R/D is pretty much done for multiple lines.
They need to put the $$$ into MARKETING and build brand awareness (like they are doing), which could bring in million in PROFITS.
"In either instances dilution will occur regardless. Wouldn't it be better though to dilute to investors/shareholders who have deeper wallets?"
Yes, but GETTING THERE costs $$$$ that WNBD cant afford to spend right now...
We have multiple product lines in MAJOR retailers already. If WNBD does not SUPPORT these sales efforts with MARKETING, they might lose these account... Then uplisting would not even be an option in the future.
There is a time and place for everything and i trust that Eric is doing whats best AT THIS TIME
"I just haven't heard/seen of any $10 stock in the pinkie and if any continues to trade there."
There are stocks that trade at hundreds and even THOUSANDS of dollars per share on the pink sheets, but share price means NOTHING... Its all about the MARKET CAP.
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