Replies to post #178475 on Winning Brands Corporation (WNBD)

[Dennisb68]

" based on current blogs we should start to see upwards of $2,500,000 in sales!! that will get the ball rolling for sure!!!"

When, in ten years? If you listen to Eric's blogs we would have been buying back shares years ago. Meanwhile we know from the financials that it takes well over $100K a month more to keep the doors open than what they bring in on sales. So tell me, if Eric gets some money to buy back stock where is he going to get the $100k a month he needs to keep the doors open unless he continues to dilute at the same time he is buy stock back? I suppose he could try to borrow another $100K each month which would look great on the quarterly to see a $300k increase in debt every 3 months. Q3 2011 showed a decrease in sales from Q3 2010 and to think of sales of $2,500,000 anytime in the next few years is wishful thinking IMO. NOT EVEN CLOSE! Regardless, borrowing money to buy back stock just doesn't make since when you need $100K a month just to pay bills.

[hopetocashin]

I agree. When we hit $2.5+ million in sales next year and outstanding shares are reduced to 2 billion or less all this bickering will be a thing of the past! There are obviously two camps - one that thinks we will succeed and the other that thinks we will not. It really comes down to two equations:

Success probable = invest $

Success improbable = don't invest $

It is quite simple, really!

[ActivClient]

We will be in the implementation phase as of Jan 2012

Careful now....the CEO himself said we would be in the implementation phase by 2010...and look where we are now...You can't debate facts...all you can do is try to rosey them up...Keep trying...

2010 is not going to look like the previous phase. The conditions are ready for us to leave behind the Initial Operations Phase, which is characterized by modest sales and high development costs, in order to enter the Implementation and/or Growth Phase in 2010.