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Replies to post #195007 on Winning Brands Corporation (WNBD)
04/08/13 7:14 PM
04/09/13 8:22 AM
Many supportive shareholders have given up commenting on the board
Your question sums up the situation for a number of shareholders, this is why it is important to deal with it in this open environment. It would be easy for me to blame short-sellers and a few bashers on the principal public discussion board, iHub, but that would be too simplistic. They certainly deserve criticism for their many misleading or outright false statements intended to sow the seeds of dissension within the shareholder community, for reasons best known to themselves. They know what they are doing, enjoy doing so and are probably benefiting. Criticism of their actions plays no part in their assessment of their own conduct.
Having said that, they would not be able to be so effective if the circumstances of the company were more advanced – therefore the current share prices is more my fault than theirs. Ultimately, the company has not yet progressed far enough to be resilient to such targeted attacks – and no one is more responsible for this than me. The decisions that I have made have brought us to where we are. In many ways, we are in a good place, but being “close” does not cut it - and the reaction of the market, in the form of the current low share price, makes any discussion of our operational progress unsatisfying for shareholders who have a capital loss in their portfolio – even if it is an unrealized loss which can easily become a capital gain “overnight” at any time.
