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teddibear

03/17/20 10:24 AM

#225622 RE: THEBROKE1 #225621

Yes, but this is not a successful method. He needs to try a different way.



Perhaps you could tell us why this is not a successful method, then elaborate on what you consider 'a different way'.
I know that I would welcome your input, and it might even give the CEO pause for thought.
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QualityInvesting

03/17/20 1:57 PM

#225625 RE: THEBROKE1 #225621

If somebody has a better method on how to raise funds without diluting shareholders, then give the CEO a call and discuss it with him. If there's a better alternative, he'll listen.

If no one has enough confidence in the CEO or his company to loan him $50k, then why did all these folks buy stock shares in his company in the first place?

All bank loans require collateral, regardless of what the interest rates are. Bank loans for public companies require wiping out shareholders. That's why there are so many reverse splits and dilution in developmental and micro-cap companies. The WNBD CEO wants to avoid that destruction to shareholder value. I, for one, appreciate that.

If the CEO obtains private funding to increase his cleaning products production, it'll be a very successful method, both for the company and for shareholders. Shareholders don't get harmed in any way with this method.

$WNBD