Replies to post #186532 on Winning Brands Corporation (WNBD)

[doogdilinger]

July 4th, 2010 he claimed the following:

"When the day comes that our price is so massively undervalued that it calls for a legitimate awareness building program, then I will be the first to do so"

I guess 2 triple zero ticks away from no bid still doesn't meet his criteria from his incredulous statement 2 years ago when the share price was trading at MUCH MUCH higher ground weeeeeeeeeeeeeeeeeeeeeeeeeeee

[doogdilinger]

"...what is he selling to the public other than possibilities. He would be selling a goose with the possibility it might lay golden eggs in the future, as opposed to waiting for the right time and selling golden eggs...which will have a sustainable value well into the future."

And you don't think the hundreds of emails, board moderator memo's and blogs aren't exactly that?

There's a reason co's who dish out hundreds of millions of discounted shares implement awareness campaigns...and it's solely to protect shareholder value by ensuring there's enough awareness implemented to continue to fuel interest/liquidity in the stock so the constant downwards pressure of discounted stock being leaked into market doesn't completely destroy the share price hence shareholder value.

So feel free to keep believing the hundreds of emails, board moderator memo's and blogs aren't exactly what you just stated in your quote below...

"...what is he selling to the public other than possibilities. He would be selling a goose with the possibility it might lay golden eggs in the future..."

[bradakus]

The time is right...........Allow equity-based "crowdfunding." New businesses will be able to raise up to $1 million in equity capital from unaccredited investors. This provision facilitates the utilization of online trading portals, a mechanism used to solicit a large number of smaller investors. The Senate version of the JOBS Act created a number of restrictions aimed at protecting investors. Among those restrictions are limiting individual investments to (1) the greater of $2,000 or 5 percent of the investor's annual income or net worth if either annual income or net worth is less than $100,000; and (2) 10 percent of the investor's annual income or net worth, not to exceed $100,000, if annual income or net worth is greater than $100,000 and also requiring registration by intermediary platforms and issuers with the SEC. Federal law would preempt state regulations, meaning that issuers could raise funds from across the United States. The SEC will have 180 days after the bill's enactment to publish rules for crowdfunding.

Remove prohibitions on general solicitation of Regulation D offerings. The JOBS Act allows for advertising of Regulation D 506 offerings, as long as advertisements are focused on accredited investors. Affluent individuals who provide capital for a business start-up, also known as "angels," should especially note the McHenry Amendment, which clarifies that angel and incubator platforms that do not charge a fee connected to the purchase or sale of securities would be exempt from broker-dealer registration. This exemption from registration will be helpful for Internet platforms, such as AngelList or Gust and venture forums aimed at accredited investors, and also for some angel groups.
Companies with less than $1 billion in annual revenue can “go public” without following strict disclosure regulations for the first five years. While they will not have to follow all Sarbanes-Oxley regulations initially,


http://www.accountingweb.com/topic/accounting-auditing/jobs-act-economic-solution-or-investor-nightmare

[bobpatch]

Yes, I whole heartly agree. This CEO has been very consistent. Consistently losing money. Consistently pathetic sales. Consistently paying himself a nice salary when he should have resigned long ago. Consistently having his galpal on the payroll. Consistently never closing a deal. Consistently BS'ing shareholders. Got to love Eric's consistency. What do we have now, maybe two, three weeks max until the RS or increase in the AS? And then it will finally be over for us longs. But good old Eric the Great and his sweetie will keep doing just fine.