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realgood

08/17/10 6:31 PM

#144131 RE: Serenity #144126

Very well said. Many people here are too forgiving when it comes to certain topics. Perhaps I would be too if I didn't buy in based on Eric's comments. What he did can easily be construed as "pumping". Whether he meant to do that or not is irrelevant--it was unprofessional at best.
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lbdave

08/17/10 6:34 PM

#144132 RE: Serenity #144126

I appreciate your response, but there is evidence that can be found in memos or filings that carry more weight than anyone's opinion.


Contrary to your opinion on the point below, the IDS clearly states the SKU number was for Lowes in the USA. It can be read on page 23 of the IDS.

The commencement of the Lowe's account was Canada..not the US and he knew that IMO. My guess is the sku number and such had to do with Canada as well unless they intend to use the same sku number in both Canada and the US. We all know how long it takes to get into an NA so I am sure they have been working on the Canada Lowes for awhile.




This topic would have probably never been brought up except for the fact he was answering questions in the CC that had been posed to him shareholders in regards to a RS. His answer was very profound to the possibility of a RS or a share buy-back, and in no way lead anyone to believe that it would happen in the near future. Listen to the CC, and you'll get the answer.

His talk about how smart people were to get in around a penny, doing "buy backs" and comments about those who don't agree with the way things are being done are egotistical and irresponsible...especially given the share price now. IMO



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Wrinkles

08/17/10 7:43 PM

#144136 RE: Serenity #144126

Superb post, right on the money Trusting Him. I was a long shareholder just like yourself, Louisa and so many others, had 8.5M shares until that Lowes "Imminent" debacle was the last straw for me. Fortunately I sold in the .0175 range and at a profit, from one of the spikes in share price. Did a few flips since then, but don't have faith in company plan or CEO, product does work great, shame. Quite a few ex-longs in our boat, disgruntled, watching from sidelines in case company could turn a corner and see light at end of the tunnel, as far as a tipping point is concerned. Going to be a long long time before this company can bring in enough revenue to carry itself, so that means continued 504 dilution for 2010 and 2011, jmo. Stock is at .0050, wonder how long half cent can hold for rest of 2010 and all of 2011? Adding more accounts means more dilution. I just don't know how an R/S will be avoided over the next 12 to 18 months here, only my opinion, hopefully I'm wrong about that, we'll see.
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Waiting4it

08/17/10 8:32 PM

#144140 RE: Serenity #144126

There are some good points in this post, but one thing I would argue is there's no way to know what any type of news will do to the PPS. Yes, there are a lot of outstanding shares, and yes some people will flip out of this at certain levels. However, I have a feeling a U.S. NA will generate a lot of interest around here.

There are POS stocks that I've seen run 100% plus in a matter of just a couple of days. Run on news that is in no way verifiable and lacks any real detail. Stocks that have just as many or more outstanding shares than WNBD. People tend to flip these a lot faster than WNBD IMO. So if these stocks can run 100% that fast, I imagine WNBD can too.

All IMO of course, but I can tell you there's no way I'd still be hanging onto this stock if I thought .005's were as good as it gets before dilution takes it to triple zeroes.
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thats_my_wave_dude

08/17/10 9:07 PM

#144141 RE: Serenity #144126

TH, just going through some posts today and viewed this post by you. I am sorry to say, I agree completely, except for this last tidbit...

...<I've been painting all day and it's time for a shower with my WC! >

You are using WC to take a shower with? That's bizaar. You can't be that dirty. I know you work in the garden, but surely the dirt where you live isn't that, well, dirty!
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ORCA

08/17/10 10:03 PM

#144144 RE: Serenity #144126

EVERYTHING SHOWING DIRECTION IN 2011.NEXT FEW MONTHS COULD BE DEAD MONEY HERE.IMO.I DO NOT SEE AN NA COMING ANYTIME SOON IMO.
I HAVE TRIMED MY POSITION NOW TO 300K TOTAL.
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Belgianshareholder

08/18/10 8:39 AM

#144187 RE: Serenity #144126

Good post TH. ;-)