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Re: Dennisb68 post# 166762

Thursday, 05/19/2011 10:04:02 AM

Thursday, May 19, 2011 10:04:02 AM

Post# of 241040
An order for a new NA would likely be financed with the PO and AR financing that the company has. And it is financing that is 'easier' to obtain because of the customer and size of the likely order.

If a company is leaning towards making a name change of an existing product, it would make sense to draw down on existing inventory of the 'old name' product; so that future production of the new label product could begin sooner as a replenishment for distributors and 'new' retailers.

It seems to me the increase in dilution was more tied to 'debt' restructuring as well as continued 504 type financing to fund operations (which overhead costs have been reduced compared to prior year).

WNBD is more lean and 'fit' imo with changes they have made - going to full contract manufacturing in both Canada and USA. It can more focus on 'team' selling, in store demos, customer service, retailer/distributor management as it builds the brand across North America.

Do your own due diligence; factors and conditions change.

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