Winning Brands Corporation (WNBD)

[lightbeam]

How Eric forgets his words. A man that is not worth his words is not a man at all.

For those who do read/participate in discussion forums, there is a wide range of experience amongst individuals. Some participants have little experience and are not familiar with the mechanics of corporate finance. An example of this is the misconception that an operating deficit is the same as debt. Winning Brands debt is much less than the deficit. Such people benefit from knowing that a float can be reduced, not only grow, and that the reverse split mechanism is not the only method to reduce the float. Share re-purchases can and do happen. One reason that they are not as common as reverse splits is cultural. Some CEO’s or controlling shareholders are not interested in the real experiences of their shareholders. It has happened too often in the junior OTC environment that shareholders are considered “faceless”, ie anyonyous numbers whose only value is in the dollars that they represent. Others, and I am in this category, value the human being in the equation. Investors are not only putting their money on the line, but also their faith that the company will genuinely make its best efforts for their benefit. A reverse split is much easier. Used inappropriately, it is the lazy way to increase share price for reasons of optics. It is a cultural matter at Winning Brands to focus on building an enterprise that has real value over time so that capital gains opportunities arise for investors. Many people, including critics, will honestly admit that they have enjoyed trading profits. Amongst those who do not trade, there are many who have managed to reduce their average cost base to a level that makes substantial capital gain a distinct possibility if/when the company hits its stride in the U.S. market. A share re-purchase program is of greatest benefit to this latter group – the shareholders who have not traded much in the interim. They deserve to know that the company is aware of their needs too.

http://winningbrandscorporation.com/blog/2010/09/28/share-buy-back-shareholder-question/


Tens of thousands of dollars were lost in this death spiral following this mans words!!!!!!!!!! I am a shamed I mentioned this company to many of my friends and people on these boards that followed me here. ERIC Answer that question of what happened? You and many here know who I am. I sent you the Dalia Lama New years card long ago. Still wonder why I never got share holder letter?? Starting to look like a Canouse scam,AY!!!!!!!!!