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This last exchange was over the top simply because I pointed some shareholders will take loses with WB with providing an example of one, while acknowledging some will be satisfied. Some either can't or don't want to tie their funds up too long, will take their loss and put their funds somewhere else while others are in it for a longer term. This is somewhat standard so why such confrontation.
For sure I will give Eric his due when appropriate, have said so several times. There's a few here that won't no matter what, but I remain the target of choice. Not sure how many times I have said he has good cleaning products, good user reviews, that he works very hard, seems to have some technical skills, knows his way around OTC. People come to him for consulting. However I do have negative criticism that is not appreciated. I am strong on some aspects that I believe is warranted.
I believe expenses have build up, Professional fees, there are no GT sales and everything is at a standstill until that Reg A gets off the ground. Now that it was amended, that share offering should attract subscribers. Not sure what affect it will have on the stock. In any case I don't see where the SEC has issued the notice of Qualification, and then after that you have to go through individual State process before you can accept funds. So its still a way's off, weeks to 1-2 months ?
My background would not be good for shareholders. I have no experience with operating a Public company and answering to shareholders. My background is that like Vincent with operating a private company. A lot to learn that I am not familiar with. Eric has plenty of intelligence. Just think he sells at times, more business dreams, than real practical business plans. Example is his perfume he has been launching for 15 - 20 years ?
For me this still goes back to my original concern, Will there be the proper financing to operate the businesses. Reg A is a step in the right direction. How much will that bring in and how long will it take. How much time does Eric have to stretch things out.
What’s with the epistle? LMAO!
—$WNBD
I do not understand why certain posters always blame satter for WNBD's shortcomings. Satter has always been a rational voice on this board and I'm sure he would give Eric his due if Eric comes through with his many promises. It feels like we are worse off now at this time than we were at this time last year. Eric doesn't even tweet that much anymore, and yet I thought things were only going to get better and that we were going to be on our way to the moon once the GestureTek acquisition was completed. And yet we're back to being Pink Sheet Limited, we haven't been getting updates on stain remover sales or GestureTek deals, and when Eric does tweet, it's all fluff now and no substance. What happened to the metaverse, what is going on with the digital signage and advertisements that Eric was promoting using patented GestureTek technology? Where are we at with the new office, and what's happening with the IR firm? Was his last tweet a distraction because he knows the third quarter is going to be pretty bad? Instead of attacking the people that raise questions surrounding Eric's leadership of WNBD, take a minute to think and realize that if Eric had delivered on just one-third of his promises, we would not be having this conversation today. Those of us posting here on iHub do not control the direction of the stock price or set the perception of the company. That lies solely on Eric's shoulders. That is his responsibility and he is the one that could change the perception and the direction of the stock if he would only deliver tangible results rather than fluff and more promises of great things that are supposedly coming in the future. I was ridiculed when I said I would rather have a person of satter's intelligence and background than Eric, but I stand by my point that we would be much better off with someone like satter instead of Eric. I really hope, for all of us shareholders, that Eric has something substantial to share in the quarterly report after that last tweet. I'm sure you all remember when Eric tweeted there would be a flurry of PRs after GestureTek was acquired, but those PRs have been few and far in between, yet many of you let Eric tweet falsehood after falsehood, and you are not willing to hold him accountable.
Ouch. My feelings are destroyed. I get it. Last report GT delivery Sept 9th. No reported wine order yet. Hopefully things will change. It was written with.
PURPOSEFULNESS
Enjoy the weekend
Everyone is entitled to their opinion. IMHO , I believe it should be clear my intent was to provide necesarry value in the context, with a documented example that investing in WB can either be rewarding or disappointing.
I merely pointed out that some have lost money and gave a documented example. Some make and some lose.
Have a nice day.
The_QUESTOR-
I agree with your response about undocumented keen insight. Hip shot speculation has zero value when applied in this context. TB
"That works both ways as likely many lost money with him."
Thank you for your undocumented keen insight.
Please tell us which public company that you know of that has all its shareholders 100% winners and satisfied with its performance.
That works both ways as likely many lost money with him. So for some shareholders they are satisfied, for others they are disappointed. I think the question right now should be, after 18 months of announcing the acquisition, are you satisfied with the company and stock performance, or are you disappointed,? and or, are you seeing things being delivered according to all the build up that was presented, or do you feel let down right now.?
2/2 when they are convinced the CEO is working for them they buy many millions of shares. After a year and a half, he has lost 74% of his investment with no reason to hold. That investor sells because he finally realized the CEO is just another stinky pinky con-man! Disgusting!
— smokey light (@wintore19) September 29, 2022
I’m sure he’s made a lot of people money. Most likely you too.
—$WNBD
Has Eric EVER done ANYTHYING for the Shareholder?
I mean, anything positive? He's diluted the original shell, then reverse split that, then diluted more. He took personal loans from shareholders on the side and never repaid many of them. He's utilized toxic financing over the years to achieve HIS goal of not having to work...He's now raised the AS AGAIN to dilute more, tried to buy the broken name of some bankrupt tech company, for which he plans to fund through offerings that will likely never come to fruition...
Ask yourself as an investor, for 20 years now, WHAT has Eric accomplished for shareholders? ZERO. Diddly SQUAT. Lost Value, incompetence, lost customers, lost product placement, lost team members, lost trust, lost faith.
Sounds a like a "winning" formula huh?
Good Luck!
You know I can't answer that!! If I could I'd be on my private island sipping the finest grapes!! Lol!! A big run is coming it's long overdue!! A couple of merger plays are running soon the market will follow!! Supply and demand!! Till then!!
How so? This week? Next week? This year? Next year? Even if it did it wouldn't help Losing Brands Corp!
The otc is about to wake up Sadly!! Trump is about to shake up the world!!
Typical Losing Brands Corp day. 0.0007 -0.00005 (-6.7%)
What happened to that .001++ explosion? LOL
No not surprise that your still waiting on the 10k, but on the other hand for you, would like to be pleasantly surprised. Don't give up.
As far as I know some of those companies like Schwab trade in OTC penny stocks, but don't know about Reg A offerings.
Still here watching from a distance. Still waiting on my 10K - that shouldn't be a surprise to anybody.
I'm curious to find out who would accept the REG A shares outside of the Canouse brothers type of firms. I'm thinking it will be a big challenge for folks with regular accounts like Schwab to accept a deposit shares from an OTC company.
Glad to see you folks still holding Eric accountable! I'm thinking he's back to posting again...
I can't personally help you with your request, though there should many broker- dealer firms that can assist you.
It's nice to finally see you as it's been a long time. I often wondered if everything was OK on your end? with not seeing you. Hope so! Drop by more often!
Ps, I hope Eric paid you back finally.
Does anyone know of a brokerage house that will accept Reg A shares from a OTC company like WNBD? Has anyone on this board had any experience with REG A offering in pennyland? Just curious
Hope all is well with everyone in land...
BUYER BEWARE!!!
$WNBD Hello Matt. GestureTek will not have a ticker symbol. A Reg A offering does not need one. WNBD will be the majority owner of the subsidiary, benefiting from its cash. The future revenue of GestureTek will become consolidated into WNBD financials via that new subsidiary. https://t.co/ik6DJTAk71
— Eric Lehner (@WinningCEO) November 11, 2022
$WNBD No problem Matt. The bottom line is that GestureTek's future capital needs will be funded by GestureTek minority shareholders, not by Winning Brands shareholders, despite the subsidiary being majority owned by Winning Brands. This is a tremendous arrangement for WNBD. https://t.co/pXZfzHbyoF
— Eric Lehner (@WinningCEO) November 11, 2022
You probably made the right decision. He's full of .... this thing keep dragging on. Maybe next year, or the next two year, or whatever. All the business ventures he touched before has no sign of significance. He hyped a lot and the results have been disappointed. And this Game Changer he's dealing with hasn't shown much activity. Does he know what he's doing? Every time people asking the performance of the stock price he has no answers except blah, blah, blah....hey, it improved compared to 0.0001 and 0.0002 and he's proud of it. He's a good salesman with his words, but sooner or later people will figure him out...in fact many have ignored him.
$WNBD - Huge Gesturetek financing news:
NOV 10, 2022
Winning Brands Financing Discussion
By Eric Lehner in Uncategorized
Winning Brands recently announced completion of its GestureTek acquisition. That news release link is below. In the news release, a preview of the path forward in financing was given. Further context is provided below. The following explanation will help Winning Brands shareholders and creditors see how GestureTek will assist WNBD stakeholders to build a valuable Winning Brands parent company, and how Winning Brands (the parent company) in turn is setting the stage for future GestureTek subsidiary customers and investors to thrive.
NEWS RELEASE LINK:
https://www.accesswire.com/723219/Winning-Brands-Acquisition-of-the-GestureTek-Brand-is-Complete
Pertinent Section: “As a result of this transaction, all previous GestureTek intellectual property and asset ownership held by others in these proceedings is now vested with Winning Brands instead. Winning Brands will be creating a new GestureTek corporate entity for all future commercialization of GestureTek and will utilize a minority portion of that new entity for the purpose of future GestureTek financing, rather than relying on Winning Brands common stock dilution. Therefore, future Winning Brands stock issuances can be utilized to accelerate the retirement of debt faster than would otherwise have been possible. The new GestureTek subsidiary will have a valuation that is significantly higher than Winning Brands’ present market cap. This arises from many factors, including specific existing GestureTek patent rights and goodwill factors that follow from years of tech industry leadership. This will make it possible to raise significant GestureTek growth capital with only modest equity encroachment into the subsidiary, rather than utilizing WNBD common shares for that purpose. The new GestureTek equity investor positions will not enter the OTC market system for the foreseeable future. This approach will benefit current and future WNBD shareholders greatly.”
CONTEXT AND SIGNIFICANCE
GestureTek corporate valuation characteristics can best be understood by not combining them with Winning Brands valuation characteristics. This is because GestureTek’s history, value metrics, customer base, intellectual property elements, industry dynamic and future growth drivers are distinct from the factors that apply to Winning Brands.
A unique valuation basis exists for GestureTek. This is especially so because GestureTek was paid for the purchase of some of its assets in 2011 in an arms-length divestiture transaction, by one of the world’s foremost technology companies. That transaction can be evaluated today and adjusted appropriately in order to be made relevant for today. This is done by taking various factors into account and applying a Present Value to the remaining (substantial) GestureTek portfolio. A link to the news release describing that earlier transaction is provided below.
NEWS RELEASE LINK: https://www.qualcomm.com/news/releases/2011/07/qualcomm-acquires-gesture-recognition-assets-gesturetek
The benefit to Winning Brands shareholders of that 2011 valuation event is that today’s new GestureTek subsidiary, being created now, can be valued for financing purposes with an independent historical reference basis, rather than a subjective and speculative reference basis that has no precedent. The exceptionally high quality of the transaction partner who issued the news release shown above adds credence to the professionalism of the valuation factors that were applied at the time. This is enormously helpful.
A new GestureTek subsidiary can now be created because the court approval for Winning Brands’ acquisition became formal and final in October 2022 with the issuance of the Receiver’s Certificate. The new GestureTek subsidiary will, on the basis of an inevitably substantial valuation, be accepting a large dollar value minority investor infusion in order to stimulate GestureTek’s revitalization and growth. A portion of this infusion will flow through to Winning Brands as advance royalty payments under licensing from Winning Brands, as well as reimbursement to Winning Brands of certain early costs incurred, and will ultimately include profit sharing pari passu with other GestureTek stakeholders. This flow through will benefit Winning Brands creditors and shareholders, both.
The capital infusion to be made by the new GestureTek minority investor group will be received by means of a new Regulation A+ Tier II offering that is specific to the GestureTek subsidiary. Liquidity for GestureTek Regulation A+ subscribers, who will be members of the public solicited by means of a professional online offering sales platform, and social media advertising, will not occur through the OTC Markets setting for the foreseeable future. This is a key benefit and accomplishment for Winning Brands shareholders.
This means that GestureTek will be permitted to raise millions of dollars of operating capital (not debt) without encroaching on the majority holding interests of Winning Brands, and without causing dilution of Winning Brands common stock for GestureTek’s future growth needs.
The potential dollar value of GestureTek operating funds to be raised in this manner is significant, yet will not interfere with trading of Winning Brands common stock. The GestureTek stock will not appear in OTC marketplace following issuance. Understanding this point is at the heart of understanding the acumen of this approach for Winning Brands stakeholder interests.
There are several reasons that a new GestureTek subsidiary is being created, rather than utilizing GestureTek Health (which is an existing related entity) to be Winning Brands’ commercialization vehicle going forward. The first is that the new subsidiary will not hold GestureTek Health legacy debt. GTH minority stakeholders and/or creditors will for the most part be accommodated through negotiated equity arrangements in the new subsidiary instead. Also, the new subsidiary will be audited. There are other technical and legal advantages of the commercialization subsidiary being new.
The new, dedicated, GestureTek Regulation A+ will be coordinated by top experts in the field who have an impressive track record of multi-million online offerings to the public. Further details will be revealed as arrangements advance, as soon as possible.
The existing Winning Brands Regulation A+, which as already been approved by the SEC, will enable Winning Brands to reduce its debt. Winning Brands is committed to addressing and satisfying its creditor arrangements, including investment lenders and commercial lenders. The cooperation of such creditors is immensely appreciated and is a contribution to the aforementioned plans that are so beneficial to WNBD shareholder interests.
There is no obligation by Winning Brands to issue the maximum number of shares allowed under the existing Regulation A+. Furthermore, the pricing of the Regulation A+ offering may be amended through a revised SEC filing. Therefore, a stronger WNBD share price will be possible as the reality of GestureTek’s implementation takes hold and is understood. Cooperation between WNBD stakeholders in all financing matters will yield optimal results. WNBD management is grateful for such cooperation.
SUMMARY
Prior to the acquisition of GestureTek, WNBD relied on its legacy operation in the field of environmental consumer products to drive value. Despite its excellent products in that category, WNBD management pursued a method to dramatically increase the slope of its possible growth in value by embracing entirely new value drivers.
Winning Brands’ VISION 21 set out a bold plan of creating a tech division as the central feature of that strategy. Now, Winning Brands has delivered the key declared objective; a court verified and approved acquisition of a fine, respected and relevant tech portfolio.
This was accomplished by in effect rescuing GestureTek assets, rights and legacy elements from receivership circumstances that were commercially unnecessary. The circumstances did not accurately reflect the business value potential of the GestureTek brand when operating with adequate funding. The consequence is an exciting new phase of potential growth for WNBD.
Winning Brands is respecting its pledge to retire outstanding Winning Brands creditor interests by this plan, while at the same time demonstrating that dilution of Winning Brands common stock has a new premise. Rather than being a method to obtain working capital it will become a method to improve the balance sheet, instead.
In addition to these benefits for Winning Brands shareholders, GestureTek customers, staff and future investors will benefit too. The substantial new cash resources that the GestureTek Regulation A+ will bring by means of its new Tier II offering, will foster renewed excellence in GestureTek operations and reputation.
More information will be supplied as soon as possible regarding the foregoing, and more shareholder questions will be answered.
http://winningbrandscorporation.com/blog/
To help better illustrate what I said I will show two companies.
1) Innovative Health Solutions, Inc.
https://sec.report/CIK/0001720973
2) Winning Brands
https://sec.report/CIK/0001114898
First company has the Notice of Qualification. WB does not. WB offering has not been Qualified yet according to the online report.
First no reasonable person can be expected to understand what he wrote, not even a professional like an accountant.
Bah ha ha How is that .001 break going for Losing Brands Corp? 0.0007 -0.0001 (-12.50%)
Im out...no more coming back.Good luck
$WNBD Winning Brands Financing Discussion http://winningbrandscorporation.com/blog/
Lol. 5 billion float and owner is notoriously one of the biggest otc scammers. He loves to tweet and dump into the novice trader
WTF!!!Where are all these shares coming from?
Actually he posted right after your first post of Come out, Come out wherever you are, but he does usually pick his spots, why not, strategy lol
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170403244
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170404699
Ouch but then I always watch in some bewilderment at what I see as premature comments and say to myself they are likely setting themselves up for letdown, and then for someone to come rub it in, & that would be you, lol
I understand getting excited when the stock gets hits, starts to tick up, but why is it happening? Did not seem to be any real reason & these things do happen but at the same time they are rarely sustainable. Why not wait a bit before opening up the champagne celebration.
So you hide until the coast is clear?? Alright until next time!!
Come out, Come out wherever you are!! Is this the break above .001 everyone said was happening? Is this the lift-off? This crap blew up before it even got in the air.
Losing Brands Corp really moving now, LOL 0.0008 -0.0002 (-20.00%)
Some BW keeps stacking the ask stunting the uptick...
001s got chipped away at today.
The chart is primed for liftoff!
Waiting for a bull rush on the ask at some point
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