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buiz7

03/01/08 12:27 PM

#23367 RE: extra #23365

No matter what, this company is growing and it will continue to grow. we don't care about dilution since I'm holding my share for long.....
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adkmoves

03/01/08 1:54 PM

#23374 RE: extra #23365

extra, you are inappropriately portraying what the company is doing. Your math at the end of your post stating that the market cap is 75 million is wrong and for that I hope IHUB bans you...

You stated:
"$0.024 x 3 Billion [~ Fully Diluted Shares] = $72 Million

Which means : WNBD 'shares' are 'worth' $0.024 today,
only if WNBD sold $72 Million 'worth' of soap, LAST YEAR.
And, only if WNBD never dilutes again. [Unlikely, but oooo.] "


First, you are assuming that the price to earning ratio is 1... Any investor knows a P/E ratio of at least 25 is acceptable.. In fact I can't think of a single major company on the big boards with a P/E of 1. So even though the current o/s is 760 million (NOT 3 BILLION... LOL), the profit would need to be $720,000 to defend the current PPS, not 75 million... Now factor in 2000+ retail locations in Canada and a new national account in the US... Personally I believe the intrinsic value of the technology alone is well above 18 million dollars (the current market cap).

You state that the company diluted 7% after the price jump of more than 1666% (from .0027 to .045).. True, but doesn't that show you something? The management is not choking this stock, they took out what they needed to start a marketing plan for the US. They see the true potential of their own products and so they don't want to sell off in the pennies. DUH. Dilution is why a company goes public, and every milestone by this company is being met. Do independent DD of their sales leads and tell me I'm wrong.

In conclusion, you need to spend more time looking into a company and how it works before you turn stubbornly negative. There is a very large number of 100 million dollar market cap stocks which are not controlled by the public, the sooner you learn to research the management and perform appropriate DD for where a company is at in it's business development the better off you will be.
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Dennisb68

03/01/08 3:41 PM

#23382 RE: extra #23365

The last time it diluted the SP jumped over 100%. Eric must be doing great things with the money! Maybe we should dilute more often..
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extra

03/04/08 9:52 PM

#24179 RE: extra #23365

No 144s are needed to print NEW shares...

And, we already know that WNBD already admitted to
printing 7% extra new shares 'just from 8jan-5feb2008' .

Which, conveniently, falls right into the schedule of
the 10x pump, which started at below 0.004 in early January,
and peaked at 0.045 in early February.

It is obvious to us, and our advisors, that this is just
a normal pinky pump&dump. And, dilution is continuing.

That's why the T/A is gagged, and WNBD is a totally
non-reporting 'company' , DELIBERATELY