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Friday, April 05, 2013 9:48:04 AM
A reverse split is predicted by critics because that “solution” is standard operating practice amongst firms that face similar circumstances to ours. Winning Brands has demonstrated a desire to be “a cut above” its peers in its relationship to shareholders, its willingness to work hard to achieve a simple and sound business plan and document verifiable operating progress.
When the day comes that the dilutive financing can be significantly diminished, as it will, our stock will respond very favourably because it takes very little natural buying to move it up. And if the PPS does not move up, then buying shares back is all the easier. It’s a win for the remaining shareholders, either way.
I don’t “blame” the critics for their own broken records of R/S, R/S, R/S because that’s what they see out there in cases like ours. It’s easy in life to predict “typical” behaviour. It would be more interesting to hear some predictions about what unexpected positive alternatives might emerge from the dedicated minds at Winning Brands and its supporters. In due course, Winning Brands will demonstrate, again, that it is easily underestimated.
CEO blog from oct 2011:
http://winningbrandscorporation.com/blog/2011/10/28/shareholder-question-reverse-split/
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