Do you know how many times the CEO has used that excuse over the years? Plenty! It's like the dog ate my homework. The problem with that is if that were true when the next report is released the sales should be through the roof because they are now including the current quarter PLUS the 45% that didn't get shipped in time the last quarter but hey aren't through the roof. They are pretty much unchanged so what happened to the products that didn't get shipped in time? Eric gets caught in one lie after another over the years. He did the same thing with the Spartan contract of some 400 stores. When asked about reorders he said he didn't have an up to date figure because orders were shipped late and then shortly after Spartan started pulling the product from the shelves because of poor sales. There wasn't any reorder to report. Eric is quick to tell shareholders when it get a single retail hardware somewhere but what did he ever report about the 400 Spartan stores that dropped the product. Not a word!
WNBD's across the board product sales have fallen off the friggin' cliff for over +18 months now!!!
It had/has ZERO to do with orders not getting shipped out in time to be counted...especially since the continued pathetic sales numbers/performance from the entire calendar year of 2013 have continued into the 1st 6 months of 2014!!!
Soooooooo 18 months of pizz poor sales results for a company with 8 and a half years of history on the public markets...and 4 decades of pathetic sales dating back to the 1970's private company "the soap factory" days...delivering an absolutely paltry quarter million dollars in across the board per annum in sales...while constantly diluting the snot out of this stock crucifying the pocket books/wallets of every single retailer who's ever believed in Eric the Great Babblin' Blog Bamboozler weeeeeeeeeeeeeeeeeeeeeeeeee...that's the CEO's legacy here on WNBD
News 
Market Data 
Discover 
