Thursday, July 08, 2010 12:15:40 AM
Math doesn't lie.
$1,300,000 ($1.3M) divided by 1.3B OS = 0.001 EPS
PE 10 = 1c EPS
Uplisting will only help WNBD in the very short-term. If Eric is even able to keep WNBD in "Current Information" status, I won't be surprised if they continue to post negative profits for the next 12-18 months, while continuing 60M shares of corporate dilution Qtr-over-Qtr, trying to penetrate the market!
If and when WNBD finally posts a positive profit, they will have increased their O/S by another 120-180M shares and be a far cry from $1.3M in profits!
Re-read my post and PM from Jan 22, and I quote:
Going back to your jab at my 5 points, that I only revealed "a fraction" of the story, http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52063164
I ask:
Can you please provide the WHOLE story behind those points? (If you ever had one to being with?)
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