This is just a note from a long who has now watched this mess for many years. For me, WNBD was a calculated gamble on a company that looked like it had the management and products to do something significant in the market place. Of course it hasn't happened and with years of expenses surpassing income has meant the stock float has now reached a ridiculous number. It can't go on. Naturally there is a sad feeling about this, but I don't really condone the tone of the discussion on this board very much anymore. It is so often of no value and seems to prefer the gutter.
I suspect that the end is near in some fashion. And maybe those of you so anxious for a management change will get your wish. But you'll probably regret it because any new management will cut loose this share volume and you'll see a reverse split of epic proportions. And that will just be the start.
Our CEO has failed the company and its shareholders. There is no doubt about it. I have even said in my few posts that the failure of the company to create an infomercial that pay for itself is a clear signal that they have not solved the primary challenge of finding a way to entice enough of the public to buy the product. It doesn't matter how many stores you are in if people don't know the product. They just pass it by and then the store count begins the fade.
To those of you who have been here for many years, greetings! And for those of you thinking you are getting a great buy at .0004 to hold, well, ... my thoughts are just that WNBD has had its chance and all the energy and effort to promote and sell it has little to show for it. I would be amazed to see any significant positive results. Regards to All.
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