Winning Brands Corporation (WNBD)

[hopetocashin]

Sent the following letter to Eric this morning:

Eric,

An IHUB user posted this link this morning:

http://ih.advfn.com/p.php?pid=nmona&article=50963614

It is the "Small Company Offering and Sale of Securities Without Registration (D)"

Near the bottom it states:

13. Offering and Sales Amounts
Total Offering Amount $ 1000000 o Indefinite
Total Amount Sold $ 145300 USD
Total Remaining to be Sold 854700 USD o Indefinite

It is a little disconcerting to see these numbers and I know this doesn't contradict your post from January 24th:

"An ideal solution would be a substantial paid-in capital tranche, perhaps $2 Million, through a Preferred Share mechanism, in order to end the subscription-based growth of supply of common shares. This concept is being discussed with select parties who have connections to accredited investors, and with accredited investors themselves.... We have an excellent business plan and sound use-of-proceeds proposals. As a practical matter, a great deal of due dilligence is required on the other side and can take months. Potential participants are not limited to the United States and may be based in Canada. Although we have accepted 504 financing as a part of the solution in the past and present, it is no longer a solution for the long term, or even medium term, future. Retail share buying demand must have a chance to catch-up with supply of common shares by means of ending 504 and debt conversion generated supply as soon as practical."

But in light of this recent filing should we anticipate that "as soon as practical" still may be many months away?