IOO ; The Main Reason why wnbd can't go up ,,,
is that the wnbd longs are not averaging down
any faster than the wnbd CEO is averaging down.
extra , Sincerely .
P.S. ; There is no Magic $1 Million per year limit
on new pinky shares , especially if they are Non-U.S.
Besides , by our calculations , wnbd seems to have
sold $5-$10 Million 'worth' of new common shares
in just the last 3 years. That's why pinks stay pink.
So they don't have to waste cash Filing Anything ,
that might help their 'competitors'. And , for wnbd ,
the only 'competitors' seem to be the wnbd longs ,
who quit buying the CEO's newest shares , quite fast enough.
P.P.S. ; The best time to 'update' the current common
float number , is Right Before A New Round Of Dilution ,
as long as the TA stays permanently gagged. It also kinda
fits right in with that 'Revelation' of 1-week's-worth of
the official [but totally UNverifiable] wnbd new-orders
scrapbook ; but the wnbd CEO's continued refusal to add up
the orders for any previous week/month/year. And, his
'reason' is that he can't 'project' accurately. Which,
of course Has Absolutely Nothing To Do With ACCURATELY
ADDING UP THE wnbd GROSS REVENUE CHECKS THAT CLEARED
in wnbd's bank , for the PREVIOUS MONTH/YEAR.
[Which, most banks actually do , accurately , every month.]
We still suspect that "The wnbd Group" is the 'explanation'
for hiding All Financial + Share Structure Facts from All
of the wnbd common 'share'holders. They really have no way
of knowing what they think they 'own' a 'share' of. Except
that they FOR SURE , OWN LESS THAN 50% , BECAUSE THEY NEVER
GET TO VOTE. [We're pretty sure that they 'own' less than
20% , because the Authorized commons are 5 Billion , for many
years , while the trading float is still under 1 Billion.]
P.P.P.S. ; Since wnbd does not ever have to file anything ,
who will anyone ever know if the Authorized are re-raised ?
Or , if they already/recently were ?
Averaging-Down is profitable for shorters, only [and All pinky CEOs].
