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Thursday, May 20, 2010 6:24:45 PM
Posted by: ActivClient
Date: Monday, February 01, 2010 6:39:34 PM
In reply to: Rocketstocks who wrote msg# 118891 Post # of 130454
To sponge off this excellent post, I also concur that Eric is waiting on other professionals to price tag this. You see, Tangible Assets(physical objects/documents) are the easiest to put a dollar figure to because they can be held, studied, and appraised. In this case, the trade secret formulations & trademarks could of easily been price tagged by Eric and company if they truly desired. The fact that they did not want to "grade" themselves shows again they are in no rush to boost this stock price where we all know it should be(way higher). He is waiting for the "Market" to catch up and assess this company for themselves, which may not be to far away from happening now due to the release of the IIS.
Realize, it is the intangible assets (For example: reputation/intellectual property) which are hard to evaluate. You cannot put a price tag on a excellent CEO. If we were not the real deal, one of our main forms of advertisements would actually be our worst. Selling a product that does not work as described using Word of mouth advertising would be your worst enemy lol. Your reputation would indeed suffer. You also cannot put a price on great reputation, so the work Winning Brands has put forth all these years is paying off with revenues just over half a mil. That to me will only grow once our character builds throughout 2010 and beyond.
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