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Alias Born | 03/03/2004 |
Thursday, August 20, 2009 9:21:41 AM
Check it out;
-Even though the 504 says that WNBD has less than $1,000,000 in revenue, let us say that spreading themselves thin across the globe has generated $1,000,000 worth of sales. Subtract the costs:
salaries
production
shipping and international shipping
rent
advertising
distribution
Press Releases
travel expenses
-WNBD began selling REGDEX shares in 2007 to investors in Texas and Minnesota;
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001345335&owner=exclude&count=40
http://www.sec.gov/Archives/edgar/vprr/07/9999999997-07-030706
WNBD made $1,000,000 from May 2008-June 2009 selling stock at no cost. WNBD is working on making their next $1,000,000 with the current Form D. It may be slower dilution with a higher share price and they may be using the $$$ to make WNBD stronger. It is the only (and possibly only) dilution that WNBD shareholders and the investment community is aware of.
Good luck.
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