Winning Brands Corporation (WNBD)

[Dennisb68]

Someone earlier reported that the possible reason for the huge increase in dilution since the first of the year may be because of building increased inventory for a new NA account. First of all there is no indication we have a new NA account and the latest financials released this week show that inventory ending in March is actually down from a year ago. Also, it's obviously not going to build up cash because the financials also show that cash on hand is only $26,767 and down a whopping $198,000 from March of 2010. So inventory is down and cash is down and Eric is diluting at record pace. Interesting.