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lbdave

03/11/11 3:10 PM

#162150 RE: just_an_ant #162148

Yeah, we've been hearing that same ole sermon for about a year now, and the numbers just don't add up lol. Even at worst case senario (which is way high) we would be looking at $2.00 per bottle, but probably closer to $1.25 actually.... but even worst case we are talking about $24.00 per case at our cost. So to stock a national account of 2,500 locations with two cases each for opening order would come to a whopping cost of $120,000 dollars lol. If I remember correctly we have a P.O. line of credit for $500,000 through Bibby.

Don't seem like inventory or stocking capabilities should be an issue.
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doogdilinger

03/12/11 1:01 AM

#162189 RE: just_an_ant #162148

WNBD has sources to capital other then 504

I know they do...but when eric chose to blog about that subject he wouldn't elaborate would he. Instead when the question was posed several weeks back about whatever funding instruments besides a 504 wnbd might be utilizing he blogged something about him always updating the transfer agent numbers periodically so that shareholders could monitor the ongoing dilution and specifically stated that he's talked about funding enough in the past to not bother blogging any details if he's also utilizing funding instruments outside of the 504.