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Re: just_an_ant post# 138254

Sunday, 06/27/2010 2:35:24 PM

Sunday, June 27, 2010 2:35:24 PM

Post# of 241064
Ant, I personally feel you've done a great job as a mod. I certainly believe you had no knowledge of the Walmart situation. However, it looks like some others certainly did. Perhaps friends of Erics/Lornes who knows for sure, but something doesn't feel right here anymore.

Those that keep saying that these things happen in business are correct. What they are not saying, however, is what can easily be the death blow for investors. Eric will be diluting, as usual, from a much lower share price. Our O/S could end up being so great that WNBD might never overcome it without a reverse split--making the bashers right again. We have no real idea just how much WNBD is diluting anymore because Eric, in his infinite wisdom, took that little piece of transparency away from us.

This developement is more serious than just losing Walmart-Canada IMO.