InvestorsHub Logo

just_an_ant

05/24/11 12:45 AM

#167237 RE: J-Rhino #167235

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)

flaflyersfan

05/24/11 8:19 AM

#167245 RE: J-Rhino #167235

J-Rhino, never seen anything like it;

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;

The other aspect of your question, dealing with the amount by which the share price has to increase for current shareholders to do well is interesting too. First, a little “myth busting”. Most people do not have a high adjusted cost base. Since the company began trading as WNBD, the aggregate volume of all trades has exceeded the entire outstanding share count, many times over. Over 4 billion shares were traded in the last 2 years alone. There has been enormous churning of share ownership. By far the vast majority of shares have been purchased for far less than 2 cents – particularly for those who have averaged down so that they can benefit from a more rapid capital gain in due course. Accordingly, if/when our shares return to even the 2 cent figure, the vast majority of portfolios will be very green. As to whether, with over 2B shares outstanding, the share price can increase to 2 cents again - simple arithmetic shows that this is feasible. The current market capitalization is approximately $2.7 Million. At earlier times, WNBD had a market cap as high as $100 Million. If as a result of securing major national accounts and being truly on our way with substantial sales increases, and profit, then this would seem more reasonable than in the past when we were just getting started. Even with today’s float, this would equate to a share price that is more than 30 times higher than the current level – considerably more than 2 cents. It is a characteristic of the speculative markets, and in particular penny stocks, that such things are wildly unpredictable. No one, and I mean no one, should buy our shares against their better judgement. Winning Brands is only suitable for the toughest speculators who understand the risks, but like the odds, based on their own assessment of the situation. It has been said many times that this level of the capital markets is like the wild west of investments – and justifiably so. But then again, there are plenty of pioneers who did quite well by packing up and heading out to that wild west and staking their claim. My job is to ensure that there is honest hard work going on, planning and building, for those who want to participate in our potential, whatever the risks. But I have always kept a great big sign at the edge of town that makes it plain that anyone who does not want to be here should not waste their time or ours.



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.