Replies to post #110457 on Winning Brands Corporation (WNBD)

[Serenity]

Thank you. Exactly what I needed. ;-)

[just_an_ant]

I've always have used the 3 year test for survival

and from experience that has held up pretty well.

Here is an article describing some relative issues:

http://www.entrepreneur.com/management/article198332.html

"Once the business has proven itself over time and gets large enough, banks and private equity investors will offer the business capital. The entrepreneur has to concentrate on the profitability of the business and has to spend time on managing its customer receivables carefully and its relationships with its suppliers. There is no shortcut, and the honest answer is not to spend a bunch of time looking for investors when the reality of the matter is that the capital needed to get a company through no man's land has to come from the business itself."

Tatum recommends hiring an accountant and providing him or her with decent accounting software with a goal of producing weekly operating reports that let the entrepreneur know where the business stands before the monthly financials are in.

- - - - -

To some it may appear we are still in no man's land; to some extent that's true, but the direction and expansion in 2009 is clear and points to further growth. WNBD has had a chartered accountant (equivalent to USA CPA) assisting in some capacity since day one.

To meet those growth needs, WNBD continues to tap the existing capital market available to it (504 to the extent of no more then 1 million over a twelve month period of time).

This is no surprise, it's what public companies do that are striving and growing (also those that aren't growing, but just enriching themselves-plenty of pk stories out there).

Seldom do pk stocks file appropriate Form D (letting investors know of capital raising); WNBD has in 2009 and reports periodically (every 3-4 months) an update to O/S and float on its website.

I appreciate as many do the reporting of the Form D filings as they happen. With as many stores Lancaster added and many reporting racks in those USA stores, I'm sure additional racks are required for retailers; be it for a further expansion into WalMart in Canada (spreading further into more stores??) or favorable acceptance to the latest Lancaster mutual advertising initiatives (seen racks featured and promoted for in store displaying in those ads).

So I'd love to see store counts grow another 39%+ this month in USA (10/21 455 stores, 11/20 631 stores) - money potentially well raised and spent imo. Soon will need to support with some local/regional advertising to assist with positive sell-through especially the Piggly Wiggly initiative imo in Carolinas