wnbd's "release" was Not "Financials" ,,,
Just the typical puffy pink finanshills , Because ,
1] They were Massively Incomplete , and
2] Not Audited , and
3] Not Independently Verifiable .
4] With No Explanation of the source of new wnbd cash ,
5] To cover 3 years of Exponentially Growing Losses ,
6] And the 600% Dilution of current wnbd Commoners , ONLY ,
7] With ~Zero Dilution to the wnbd 'Preferreds' , EVER .
The key is (as always , for foreign pinkys) , hidden within
the Always-Secret Share Structure , which is locked behind
the Always-Gagged TA , as ordered by the Always-pink CEO .
The Current 'Preferreds' ALWAYS HAD 5 BILLION VOTES ,
(and can 'vote' themselves more , anytime , by themselves) ,
which allows them to keep 'voting for' + doing almost any
foreign pinky thingy that they care-or-need to do ; without
Any Commoners EVER 'voting' ; or even being 'informed' ,
Before Or After the 'vote' .
BECAUSE the commoners only have ~1.5 Billion useless 'votes' ;
which is Only ~23% of the current Total of ~6.5 Billion 'votes' .
When wnbd's common float dilutes to near (but still Below)
the 'Preferred' 5 Billion ; the 'Preferreds' will 'vote' [IOO]
to do a 1-for-2 (or more) Reverse-Split , of ONLY the commons ;
which will cut the common votes in half (or worse) , while
the 'Preferreds' retain their Full 5 Billion Never-Diluted
And Always-Controlling VOTES , which are the Only 'votes' that
will ever be counted by any foreign pinky .
The common-only Dilution + Reverse-Splitting pinky game will be
repeated whenever necessary , until the commoners quit buying
enough newest common 'shares' fast enough , and the pink goes BK .
The Real 'Value' of a common 'share' is Directly Proportional
to the TOTAL OF ALL SHARES IN THE SHARE STRUCTURE ; and it's
Much Worse for foreign pinkys , where the Real Share Structure
is Hidden , and commons can be continuously diluted , and
massively Reverse-Splitted , anytime + many times , ~legally ,
while the 'Preferreds' are NEVER Diluted .
By the way ; in the remote chance that wnbd is ever 'sold' ;
The 'Preferreds' Get 100%-Paid-Off FIRST , plus any accrued
interest/dividends , BEFORE ANY COMMON 'share' gets $0.0001 ;
which means (for foreign pinkys) , that All commoners who just
keep buying+holding+averaging-down eventually 'share' $Zero .
Anyway ; back to the wnbd "release" of puffy pink finanshills :
We were surprised , (and thus , maybe/partially "wrong") ,
until we had them Professionally Analyzed , which took longer
than expected , due to Professional time-outs for rotflol .
Our favorite part was ~5000 'stores' supposedly 'buying'
ONLY ~$500k-worth-o-soap , in a full year , after 3+ years
of wnbd sales attempts , with a 'product' that was fully
'developed' 10+ years ago , and failed , and then had to be
'repackaged' into a foreign pink shell , that had gone BK .
THAT'S ONLY ~$100 PER 'STORE' , PER YEAR ;
WHICH IS LESS THAN $9 PER MONTH , OR 30 PENNIES PER DAY !
[ Time-out to re-rotflol . ]
tickity-tock , pinkity-plunk , etc...
[ Thanks , to those who may have waited , or joined in . ]
$100 is not even enough for a minimum 1-store order .
The real surprise is that the wnbd CEO Admitted to Only ~$500k ,
and even that is Totally Not Independently Verifiable ,
but , it does partially explain why SureFlop went BK .
Now , finally , a little wnbd common-'share'-Only math :
Assume that a no-tech + Real + non-foreign+pink company
is 'worth' about 1-Times Annual Gross Sales ; AND that
it has a multi-year history of ~3% after-tax profits ;
which is Not even nearly ~true for wnbd , but who cares ,
although a few might , shortly .
Then , wnbd might be 'worth' $500,000 to a Real buyer ,
and each of wnbd's ~1.5 Billion common shares might be 'worth' :
$500,000 / 1,500,000,000 = $0.000333 per common wnbd 'share' !
That's good enough (for shorters) , but it's really 4X better ,
because the commoners 'own' less than 1/4 of the wnbd 'votes' ;
leaving a calculated 'value' of ~$0.00008 per common wnbd .
Which will shrink , proportionally , after every Reverse-Split ,
after every wnbd 'Preferred'-Only 'vote' , as necessary .
GLTAA ; Primarily Real-DD Investors , who care about Non-Gagged
Share Structures + Independently Verifiable After-Tax Profits .
extra , Sincerely , as always .
AI
