wnbd already does tax returns every year,,,
and gives All of that financial info to anyone who ever
loans them money, including their bottler,
who gives them credit [30-days?], and they can't
sell anything to HomeDepot, or any real company, without
providing financials.
wnbd just refuses to tell any [ + only] common shareholders,
who actually Are loaning them New Cash, every time wnbd
sells New shares. [ After the newest shares are sold,
and wnbd collects their newest cash, wnbd does not care,
except to sell them more new shares, later. And, hope that
they don't sell old shares, that compete with wnbd selling
more new shares, later. ]
Anyway, it would cost wnbd Zero to post a copy of their
financials, which are Already Paid For, + Signed, + Filed.
And, wnbd COULD just have their Already Filed Tax Returns, as
an 'Attachment' to Any eMail they send to Any shareholder.
It's free. But, wnbd won't do it. Guess why.
And, it would cost wnbd Zero to post a copy of their
10 Million "Preferred" Shareholder Agreement Document,
which is also Already Paid For, + Signed, + CounterSigned,
by the guy(s) who own(s) them. But, wnbd won't even do that.
Guess why. Shorters bet that they know exactly why wnbd
[ or any deliberately non-reporting pink ] stays pink.
And won't reveal anything regarding the actual value of wnbd,
or it's "Preferred" share-structure, which is the Only thing
that determines the 'common share value' of any stock,
especially a deliberately non-reporting pink, that has always
lost money. And, wnbd is worse than any pink shell, because
shells don't lose extra money, and have extra expenses,
by trying to run money-losing businesses.
Any pink long, who keeps buying + holding + averaging down,
should be demanding to see some real Facts, that wnbd
already has, and Could reveal, for Zero Cost. wnbd has
absolutely no reason to keep hiding these Most Important
Facts, except to keep selling More newest common shares,
without giving up Any ownership of wnbd votes + assets.
And, if the wnbd "Preferreds" already own any UNdilutable
51+% of wnbd's votes + assets, the "Preferred" owner Could
'vote' his 51+% , any day, to raise it to 99+%. [ By the way,
since wnbd already has 5 Billion 'Authorized Shares' , but
'only' ~800 Million already floating, we guess that the
"Preferreds" already UNdilutably Own at least 80%. ]
That's why pinks stay pink. Because they still need to sell
more newest common shares. But, if they get lucky, and have
more 'revenues' than they can overly-offset with costs,
+ salaries + bonuses + expenses + etc's; then, the Preferreds
can just vote themselves up from 51%, straight up to 99+%,
any day, or overnight. [ Just like copi + swvc, who, maybe,
not surprisingly, have many of the same frequent fans. ]
Shorters appreciate those coincidences.
extra, Sincerely. But, just another opinion.
P.S. ; Bottom-line, for Any common shareholder, especially in
deliberately non-reporting pinks [like wnbd]. If the
share-structure is a big secret, and/or the T.A. is gagged,
All common shareholders probably own Zero, as buy+hold+buy
longs; and ~50% lucky long flippers may profit on ~50% of
their flips [but still lose 90% per year, combined, just
like the average pink long], while shorters have a free
insurance policy, that pays ~90% per year, in almost riskless
profits. And, much more, and faster, and with much less risk,
if they short right after the pink is pumped 100% or more,
and drops 20% very soon thereafter [like wnbd].
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