Sunday, June 07, 2009 11:08:30 AM
especially for the monthly flippers + day-trading shorters.
We expect wnbd to peak near $0.006 next week ,
and then sink back to $0.003 before the end of June.
[Much faster if the wnbd CEO 'Files' another 504.]
Here's the proof :
http://ih.advfn.com/p.php?pid=webchart&cb=1244382399&symbol=NO%5EWNBD&period=4&drawmode=2&size=19&volume=1
Notice the return of the wnbd monthly bounces in late April,
+ mid May, + early June ; like it used to be in late December
+ January + February. The lack of a bounce in March was an
annoying surprise. Probably due to increased dilution from
the ramp-up in the 504's ; causing wnbd to steadily sink by
60% ; from the ~$0.01 bounce in mid February , to ~$0.004
in late April.
GLTA next week , or three.
extra , Sincerely .
By the way ; it's useful for the flippers + shorters when
deliberately misleading revenue 'info'/guesses keep getting
repeated. Our favourite is that obviously false projection
of 1 million soap cans at $4 each. When even the wnbd CEO
admits that he's still stuck in "Phase #1" ,for more than 3
years , even after a full year of Canadian saturation. And,
that Zellers Discount Store 'news' will probably further
stall any wnbd expansion into any U.S. big-box. And, not even
increase any wnbd sales in Canada , because they will just
cannibalize sales from all other Canadian chains , especially
if they undercut the retail price.
Finally, as explained before , wnbd does not get $4 per can
of soap. That's what the biggest retailers [only + maybe]
might be paying ; with wnbd paying Surefil + shipping [+ who
knows who else] Before they even see 1 penny of that $4.
Our guess is that wnbd's net revenues , Before Any wnbd
internal/corporate expenses , is less than 5% of the retail
price [just like ~All manufacturers of low-tech stuff]. So,
for wnbd to get $1 million , the world's retailers must sell
more than $20 million to their customers. And, wnbd has more
than $1 million of internal expenses , with their 6 exec
salaries + 4 admins + payroll taxes + fringe benefits +
office expenses + advertising + IR-guy + etc's + etc's.
The typical expenses of a high-level labor-intensive company
[like wnbd] are ~2.5 Times their total salaries. We guess
that wnbd has 10+ employees , averaging $50+k each ; for a
salary-only total of $500k per year ; or $1,250,000+ per year
just to sit in offices. [Before advertising + travel + IR-guy
and who-knows what elses.]
All of the above is just IOO , as usual ; and profitable ,
to only flippers + shorters , in ~All pennys ; + especially
for Totally Non-Reporting pinkys , that are Not based in the
USA , that keep diluting their commoners , by more than 6X ,
in just the first 3 years , and admit that they will keep
losing money ; until wnbd's sales are 30X larger than today ,
which is 'the middle of Phase #4' , according to the business
plan of the wnbd CEO. [Even if wnbd saturated the USA , their
sales would be less than 35% of what is needed for wnbd to
begin to quit losing money.]
Averaging-Down is profitable for shorters , only [and All pinky/penny CEO's + Brokers + M&M's].
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