Replies to post #200078 on Winning Brands Corporation (WNBD)

[Dennisb68]

"Eric's personal family matters have nothing to do with making money in Penny land."

The fact that the stock is at a 52 week low has nothing to do with Eric's personal life. It's the way he runs his business and scams shareholders.

"But the expenses are now inline with making money."
If they are in line with making money then why does he need to do this constant dilution? He sure doesn't sound like he is building inventory with it. If sales are keeping up with expenses where is all this money going? I don't believe sales are anywhere close to keeping up with expenses because they didn't even meet expenses BEFORE sales dropped 45% so how are they meeting expenses now?

"Then it ran up to 048.I Made a killing."
yes, Soapy, I and a few others made a killing too but the circumstances were a lot different back then. Patricia Miles and Lorne Kelley were there and sales were growing, not falling. We were trading $250,000 worth of shares in the first 30 minutes of trading and not a few hundred dollars worth of stock a day. Eric wasn't scamming shareholders and making deals and promises to them behind the curtain back then. There is no comparison between the company in 2009 to the company today and just because people made big money on the stock back then is no reason to think they can do it today. Back then it was exciting to watch the company grow and products going on new shelves but today it's watching those products being pulled from the shelves.

[icashedin]

Dennis. I can tell you that Eric did not start this business to take people's money and I was surprised to see his actions of the Pump with KPI. But he came to Barrie broke. So he may of pumped stock for KPI. But there is no way he profited from it.
I will agree and I think Eric will agree that this current venture was not handled the best. But it has a good product. It's in national box stores and Eric now understands the path he must follow to make it profitable.

[Black Beerd]

"But this is penny land. "

Well that it may be and is...BUT... you get no free passes and you are accountable still for ones actions. He is being held to accountability.... he doesn't get to hide behind anything. Pink sheets may shield him from his business accountability but he as a CEO and as a man doesn't get to hide behind a Mama's skirt.

" Eric's personal family matters have nothing to do with making money in Penny land."

and this is where I am in total disagreement. Remember the COUNTLESS commentary that involved Eric's own words speaking of NOBILITY and credibility??? Well Eric's actions in his personal life always have a reflection on his business life. He compromised and deceived his shareholders/investors...those are credibility attributes and that switch doesn't get turned off when you walk out the office door. It's why its called a reputation or a legacy. What he is willing to do at all cost measures is a reputation he gets tagged with. So that attribute of family matters and how he operates outside of the office walks hand in hand with each other.

"But the expenses are now inline with making money."

ARE YOU KIDDING???? He is operating with TOXIC death spiral 3a 10 financing through Southridge. His business just dropped -45%. Do you understand what this kind of TOXIC funding means? the far reaching effects? This is desperation financing at it very worst. His expenses are mired in all this and there is no way that the numbers will reflect being in line. This company is losing its customer base because they have no cash and credit. He has made millions disappear and you tell us he is in line? His supplier is holding back on shipping due to no cash ... He does one thing well. He dilutes and he is a PINKY tactician doing so.

Chin Up!