There is like 100 million between management since inception into WNBD (never sold a share) and I suspect potentially another 100 million existing from reverse merger entity and Niagara Mist original shareholders, etc.
Closing effective date was Jan 1, 2006.
So potentially 200 million in early beginning..and way at beginning didn't it trade around .50 or so range for a time? Way before my time though...
Your $50 million is more in 'the modern era' in early 2008 when it ran to .05 (on national account speculation and some other pinky stuff going ons imo lol)
Obviously that blog was not intended for the general public and only to soothe the Longs who he thinks are not in a losing position here and he could care less about anyone else.
There are many things that should not have been said here;
Again, not a single new person here after a Press Release and a blog but supposedly there are hundreds waiting to join the tens completely happy with WNBD, the CEO and the stock price. Good luck.