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