Wholehealth Products Inc (GWPC)

[DragonBear]

More nonsense news???

One starts with a vitamin supplement company reporting no revenues. Balance sheet bleeding red. Then it decides to become delinquent in its filings last year.

It buys a distributorship run by a Canadian diva, for some unknown price. No doubt by issuing its highly valued microcap stock to the Canadian diva. A distributorship which distributes diagnostic kits, made by other companies. A distributorship manufactures, and develops ... nothing. They distribute the products of others for the distributorship cut.

How much is the distributorship cut? What was the combined sales and revenues of the distributorship which WH bought? Answer: Unknown. SHs are suppose to guess. One has no idea whether this distributor sold 10 kits, or 1M, prior to being acquired.

Now comes today's joke: WH going to be releasing a Influenza A&B Combo. Why is there is a sudden need to release something announced in the 05-Sep acquisition of the distributorship as already being offered? From the 05-Sep announcement:

WholeHealth Products' line includes more than 10 professional diagnostic tests (Strep A, H. Pylori, Influenza A, Influenza B, Influenza A&B Combo

Guess one will now have 9 more PRs about "releasing" the other 9 products??? Are they stuck in the corner of a warehouse each needing to be "released"? LOL

Quite a nice scam P&D set up. WH stops filing, so nothing can be verified. Who needs an 8K for a material event like an acquisition? However for comic relief, they did file a 8K back on 09-Jun-14. Where the great news was they had moved their corporate headquarters.