Replies to post #188504 on Winning Brands Corporation (WNBD)

[biznipianjr]

for a very long time i posted my concerns about the massive dilution here and over time felt it would come to this. the only way back to a real price is a very serious reverse split. you cant move this with this many shares i dont see any profit potential here.
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[Black Beerd]

"Buy in to the story, the hope, the dreams of buying corvettes"

Its happened to all of us which is why experiencing the situation a second time around means that no one gets a free pass from accountability. Logic tells you to move on but experience and anger from that past situation tells you to share the experience so it never happens to you or anyone else again. That's why there are two sides to always listen to and discuss. People sometimes don't wake up and keep livin the dream. When some wake up it has become a nightmare. Going thru a past experience has good educational value though. You raise the bar of expectations. You now know and understand the values of true measures of a companies successes and failures.

"making excuses for everything wrong the company does"

and that is the cancer in the dream. The denials of all facts, hanging ones hope on a miracle change in the direction of the company and hopefully a rebound in the PPS so one can escape without to much of a loss. Its very hard when you trust and put your faith in a company/CEO and in turn isn't rewarded for that confidence and trust. It becomes personal in defense and vice versa when it happens. Seeing thru the eyes of experience and discussing to those still livin those dreams allows for no middle ground. Just a reality. Money lost makes everything more real and personal. I for one have also been a victim and have taken the defense while being in that dream state and I can fully appreciate those facts

I have also witnessed 1st hand the denial. I bought a company within days of BK. I met with owners and spouses to discuss reality. Its a hard hard thing for the company, CEO, and the shareholder. I have a sense of compassion for the CEO as I do think he is trying/tried. Running short of cash and realizing that you can't change directions is a frustrating experience. It leaves so few options and without leverage you don't hold any cards. Lets hope Eric has good luck with this friendly financing. But shareholders still have to hold him to new and much much higher standards.