No doubt that wnbd is massively diluting [ioo]...
It's kinda obvious to most shorters ,
while many longs are still in de Nile.
That's the #1 reason for ALL pinks to Stay pink ,
and Hide their Share-Structure , and Gag their TA ,
and have Insiders-Only own UNdilutable 'Preferreds' ,
that can just 'vote' themselves back up to 80+% , after
each pump&dump. [Which seems to be ~monthly, for wnbd.]
The wnbd longs don't seem to mind the massive dilution ,
because they think that their constantly averaged-down
new cash is going into their tiny part of 'The wnbd Group'.
Part of it might be ; But , they can't be sure , because
that's another wnbd 'strategic' secret. [Shorters Are Sure.]
Some longs even think that there are gooder + badder ways
for their CEO to Massively Dilute. And, there are; but
they are All ~equally bad for All common longs.
The best way is for the CEO to just print + dump new common
shares ; under his Full Control , to prevent excessive
swings in the common pps , while leaking personal 'memos'
and website trivia , and [when desperate] actually paying
for PR's , and [when critically desperate] actually paying
pinky IR guys.
A worse way is for the CEO to sell new [heavily discounted]
common shares to Insider 'big bucks' friends , for fast cash,
and let them worry about dumping them. The CEO gets the fast
cash , but loses control of the pps , if the Insiders dump
too fast.
The absolute worst way is to sell Super-Toxic CD's. Most
pinks eventually must do this. And then , they are BK ,
usually within 1-2 years.
In the current + worsening economy , 'Brick&Mortar' pinks
are being forced into Super-Toxic [also called Death-Spiral]
CD's , faster than ever.
We suspect that wnbd has just 'graduated' to Toxic CD's ,
based on the total failure of last week's pump&dump.
Just our opinion.
extra , Sincerely .
P.S. ; Shorters prefer pennys that must use Toxic CD's ,
especially pinks , based in Canada.
News 
Market Data 
Discover 
AI
