Replies to post #201203 on Winning Brands Corporation (WNBD)

[Dennisb68]

"all the other expenses exceed the profit margin"
All the other expenses are included in "cost of goods" which was up I believe 65% over Q2 2013? If Eric was making a profit on every item sold he wouldn't have to dilute an average of 7.4 MILLION shares per day. He isn't, he looses money on every item sold. If you lose a quarter on one item then you lose 50 cents on 99.999 cents on 2 items.

[doogdilinger]

The management fees in the last quarter were larger than the profit gained from sales, then add interests on notes and fees and etc is where the boogie man lays

Unfortunetly for WNBD Eric tried many different things to no avail and ran out of cash, inventory and sales. Thereby ballooning debt which has become a mountain to climb.

I completely concur with your above thoughts well said SQUEEZER