Replies to post #188906 on Winning Brands Corporation (WNBD)

[doogdilinger]

Yes, how many times is the excuse about "oh but it would've be higher if not for an order that landed just after the end of the Q" gonna be used lol.

They gave away 300M 504 shares in Q2 for $50K and 312M debt note shares for $56K.

And in Q1 they gave away 475M 504 shares for $115K and 149M debt note shares for $53K

So in the 1st 5 and a half months of 2012 b4 dilution was temporarily stopped...they sold approx 1.2 BILLION discounted shares for a raise of only $275K...which compared to the Q2 net loss of -$216K is downright yuckles sigh!

Hopefully that friendly financing is right around the corner or those mean spirited 504 funders who called eric naive and an idealist may force poor eric to sacrifice his orginal crop of longs in order to inject some much needed life into the badly failing growth model...unless of course longs are impressed with the Q2 results and erics ability to mop a floor lol