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Wednesday, February 16, 2011 4:22:55 PM
He simply is not making progress and now says that the share price around .0028 is fair valume.
Here's an excerpt from his blog where all can read, and hopefully comprehend what the CEO is relaying to the public, and not take a message board posters interpration of it.The entire blog can be read here.
http://winningbrandscorporation.com/blog/2011/02/12/shareholder-question-news-releases/
Lastly, let’s talk about investor awareness programs and the role of news releases in such programs. It’s very important to distinguish between a process of sharing information about Winning Brands to more retail investors for what the company really is versus a promotional campaign in disguise. A traditional promotional campaign for Winning Brands, ie the common pump, would be the kiss of death. They create shortlived spikes that benefit a few, harm many, are of questionable legality at best – and often strongly illegal (even if the perpetrators get away with it) and permanently alter that character of the firm. Although we may all be frustrated at the moment with the current share price, it is an honest price. It is not being manipulated one way or another. Traders are not interfered with by any coordinated action by the company. No laws are being broken, no unjust gains are being generated in the wrong hands. The market itself is operating properly and has demonstrated that very little volume is required for the share price to increase considerably, based on the sentiment of the moment. The reason that WNBD stock sometimes rises easily on small volume is that market makers are well aware that there is no background agenda or manipulation. Many of our shareholders, representing a significant portion of the float, are content to let the company advance operationally rather than panic. Furthemore, many have quiety reduced their average cost base during low periods making it much easier to be green in the future.
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