Replies to post #203845 on Winning Brands Corporation (WNBD)

[Dennisb68]

"Why would large retailers carry 1000+ stain remover in Canada?...Why would they do that?...."

A better question might be " with large retailers carrying these products why are sales so pathetic"?

It shows that getting the product on the shelf is one thing but to get shoppers to actually buy those products is another thing and it's the latter where Winning Brands has always failed. Look at what happened at Spartan. They had the chance to be in some 400 Spartan retailers but the product didn't sell and it was put on clearance. Now only a handful of the 400 stores carry the product.
We hear about a WinningBrands product being tested here or there but no follow ups that the test marketing was a success. There have been rumors about a 200 store roll out coming soon but it doesn't matter if it's a 1000 store roll out if they can't get shoppers to buy the product. It will be another failed attempt and another chance wasted. Once a product fails in a test period it becomes highly unlikely they will get another chance with that retailer. We get all the blogs about the product now being sold here or sold there but the sales have dropped some 45% so that means that are putting the products in more locations and selling less? How can it get any worse than that?

[doogdilinger]

The only thing that's relevant is how many sales WNBD derives from their Big Box Canadian stores shelf presence!

As last 2 years have clearly reflected that having shelf presence is no guarantee of anything in Canada if the CEO can't even raise enough funds to ensure 1000+ remains fully stocked on the shelves!

And as the past 9 years have clearly reflected that having shelf presence is nom guarantee of anything in Canada if the CEO can't even increase sell through velocity even when he had over $12M in discount share funding flow through his hands!

The sad truth is that the former private company owner Bob Prentice got the Home Hardware Canada account way back in 1999 way b4 Eric ever came along with his WNBD story in 2006. And despite such a lengthy history in Canadian big box accounts Eric's barely able to maintain a quarter million dollar in gross per annum sales which still cost WNBD 2 to 3 times more than that to produce. And emails with shareholders have been exposed over the past 2 years here which clearly reflect the CEO has resorted to begging shareholders to fund him so he can fulfill existing orders in some of those big box Canadian accounts!

Stagnant sales after 9 years running this public company is not a success...it's a colossal failure when one considers the fact that the CEO has destroyed the shareholder value of the round 1 and round 2 shareholders!

[Black Beerd]

"CTA, Home Depot, Lowes ??

Makes one think. "

MOOT....MEANINGLESS.... SAYS NOTHING!.... Nothing matters but sales and numbers and we all know what that looks like. There is no thinking required here. It's all in BLACK & WHITE. So name dropping while sales drop 45% is commonly called turning a bline eye to the truth.

If you read those fins you know that the shelves will never retain the space WNBD took up and branded products will replace the dead sales of WNBD products. More truth found in a drop of 45% than name dropping. Numbers win all day every day. It's all that name dropping blog PRing that got the 1st round and 2nd round shareholders portfolio's blown up. Not priceless...useless.