And that is why WNBD has invested so much time in marketing type material: counter displays, racks, brochures, product specific site, facebook, in store demos, etc. - all to assist in 'sell-through'
as well as attend dealer shows like Home Hardware and most recently Do it Best.
people still don't get it .. he is building his company trying to sell product and losing money in the process .. WB must sell stock to survive .. and there is little assurance he will survive by selling cleaners
and the retail penny stock share holder today is paying for his company
and the reward 3 or more years later is a 90% loss of their investment
it will only get worse from here ..
the PPS will continue its path downward .. and the float will continue its path upwards
sooner or later the company will restructure and the share holders today will be gone .. replaced by new share holders claiming WB is not an ordinary penny stock company.. and crying out don't miss the boat millionaires in the making I'm proud to be WB long Eric cares about his ( new ) share holders have faith we will be rewarded
Quote:Furthermore, the supply of WBC common shares on the market has been relatively higher than the demand for it, creating a trading situation which favours buyers over sellers by depressing the share price. This situation will end in conjunction with the firm advancing through its phases of growth. As the firm will eventually draw its working capital increasingly from operating cashflow, the relative supply of shares vs the relative demand for them will diminish; either through a cessation of issuance, or the company’s re-purchase of shares in the markets if the market cap valuation remains below what the company considers appropriate, as is the case currently. A reverse split, or consolidation of shares is always possible, however the firm has been conservative in this regard to ensure that any such move can be accompanied by factors which are favourable to the maintenance of the higher share price that follows from a consolidation.
Quote:[]By this standard, a market valuation of the firm below 1 cent is considered by management to significantly undervalue the company’s current and future possible “worth”. This is mentioned in order to caution shareholders that pre-mature sale of the shares at historic lows also carries the risk of unnecessary loss in the present should future internally generated cashflow permit the company to buy-back its shares on the open market, or as part of a formal offering, as an alternative to dividends for the benefit of common shareholders.
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