The +4000 shareholders number is window dressing hollow number schtick seeing as less than 500 people on the planet hold a minimum of 1M share positions meaning less than 500 people on the planet own a minumum of 400 bucks of wnbd stock.
So if WNBD really is sending out mail to all 4000 people they're wasting how much money to appeal to 3500 people who own such an insignificant amount of stock here they've probably written this off long ago and juz never bothered selling it for the huge loss.
Quote:
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In reviewing the NOBO, which describes approximately 90% of WNBD shareholders,
it has been established that the median holding of WNBD is 40,000 shares.
In other words, 50% of all shareholders have more, and one half less.
Of those that hold more, 25% hold 200,000 shares or more.
Nearly 500 shareholders hold over 1 Million shares.
I thank our shareholders for their growing interest in the company.
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