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All monies are the same for Reg "A".
It does not matter whether it is "Grandma" or "Hedge Funds" or any other source of funds.
Accredited Investors vs. Joe Blow on the street.
Major Financial Institutions vs Grandma
Hedge Funds vs. some dude on iHUB
"versus real investors, is the way I look at it."
Could you please describe the difference between buyers of Reg. "A" and your designation of "real investors"
Losing Brands Corp red .0006 -0.0001 (-14.29%) as usual. Imagine that
What a joke of a company! .0006
.0006 .0006 .0006
.0006 .0006
People are buying shares now at double+ price that of his Reg A offer of 0.0003. There's better chances of the any Tom, Dick and Harry's of the world throwing in money his way, versus real investors, is the way I look at it.
Eric's strong point is selling that includes, hype, fluff, misleading. Not saying it will be a success, or the type of success he needs, don't know, but think it will attract investors.
Honestly, what REAL investor would pony up ANY money after looking into GT and WNBD? Not any legitimate entity. He's already modified it so any Tom, Dick, or Harry can throw money his way.
This will be another in the long line of colossal Eric Failures.
He has a current Regulation A offering that is real and should unfold, weeks up to months starting state by state.
Looks ok and said nothing negative about it other then it undercuts current shareholders up to 50% or more, it should attract investments. Not sure how it will affect stock value.
But if I see things that look questionable and say so why be attacked & demonized for it. Not sure I fully understand the motivating logic there. Oh well
Just to be on the safe side, I noticed that they do modify the requirements at times so maybe it was changed. But I am taking it from the website Eric promoted in his financial filing.
To be 100% sure might require spending some funds and not prepared to do that. I would think that company being in that business of promoting companies for Regulation A offerings would update what they say. Maybe I will email them and see if they respond.
However besides that its quite expensive tier 2, more so than tier 1, and I think tier 1 expenses ( speculation ) has put Eric in a financial jam. It also would take considerable time. Not seeing this a very variable, even if the requirement have changed which likely is not the case.
You've done excellent factual common sense due diligence here satter! And it's not remotely surprising in the least that you've been attacked & demonized for asking the questions this CEO hasn't had any answers for!
It's the playbook that's always been used here whenever Eric and his gal pal get their itty bitty feelings hurt when Eric gets called out for his statements that don't add up or make any factual common sense!
In what world does it make any remote sense that Eric's been tweeting about a supposed new WNBD subsidiary company for 18+ months and counting with nothing factually relevant about GT even being reflected on WNBD's quarterly fins when he finally gets around to uploading them onto OTC Markets every single Quarter over the past year and a half lol!
18+ months & counting of well over +100 bloviating GT statements put out by the WNBD CEO on WNBD's twitter feed with no relevant progress or transparency ever arriving on WNBD's fins that even properly informs the investment community or WNBD s/h's in plain matter of fact language wtf is even going on with the never-ending GT court receivership/new GT subsidiary saga.
Just never-ending silly bloviating tweet statements about how wonderful everything's supposedly gonna one future day be...provided Eric can just get MILLIONS of dollars in magical mystery tour Reg A funding raised...and everyone should now start reading his blog again as he supposedly needs more room for his bloviating statements and finally begin explaining wtf is taking so long bwahahahahahhahaa
Exactly buddy! Laughable to the extreme to even pump out such carrot-dangling HOGWASH...but definitely not remoting surprising in the least based on how much nonsense has repetitively been pumped out for consumption over the many many years!
He hasn't been able to even provide a factual & transparent roadmap about any of the GT court receivership bs that he's been tweeting about non-stop for a full year and a half and counting.
And it's comical beyond belief to even see that recent tweet directing folks on twitter back to his infamous WNBD CEO Blog wherein he's only now supposedly to begin providing transparency on everything GT.
In other words...he's finally realizing that the 18+ month timeline of larger than life GT bloviating tweet promises no longer make sense in light of what the WNBD financials actually reflect...so it's time for him to dust off and resurrect the great babblin' bamboozler blog machine again right hahahahahahahaha
Exactly satter but factual & material details/realities like that have never stopped him from dream weaving larger than life claims in the past...and they're definitely not stoppin' him now lol.
Totally reminds of the WNBD CEO blogs immediately after the 500/1 reverse split that crucified his 1st crop of longs when he foolishly started pumping out all sorts of nonsense about supposedly "identifying" then supposedly "hiring" PCAOB auditors who were supposedly going to file 2 years' worth of WNBD fins so that Eric could supposedly uplist WNBD to a higher exchange blah blah blah!
Yet no fully audited WNBD financials were ever filed...and instead of bothering to address all those bogus uplisting and fully audited fins carrots he had pumped out for consumption, he just moved on to new carrot-dangling subjects while engaging in the same old same old toxic funding he'd always used!
He even had the audacity to tell his round 1 longs that even though he had publicly boasted multiple times over the years about how WNBD critics were supposedly wrong, and that he would never crucify them via a reverse split, that he had only done the reverse split "for the noble cause of pursuing an uplisting" bwahahahahaha
And even if he had pursued a legitimate uplisting after the r/s back then...the 500/1 ratio of the reverse split had already made all his number 1 supporting faithful round 1 WNBD shareholders positions worthless! But he was too busy trying to put so much lipstick on his pig, he actually thought he could convince his round 1 faithful that he only had their best interests at heart and critics were supposedly just being mean for calling out his blasphemous bs about pretending he was somehow "noble" for wiping everyone out via his 500/1 reverse split:!
And finally, the worst dirty trick he pulled back then was soliciting his round 1 believers to contact him privately so he could supposedly try to make wiping them out in the reverse split right to any of them who contacted him after he used his CEO blog to publicly solicit them.
Sure enough, there were many round 1 WNBD s/h's who posted right on this board that this CEO offered them the wonderful, supposed honor of funding WNBD right after they had just had their WNBD positions wiped out!
And some even fell for it and actually did end up funding WNBD, only to see the post reverse split share price immediately get sold off from .05 cents into the triple zeros!
And some of those former round 1 longs even had to eventually sue because even though they had got sucked into funding WNBD post reverse split, they never got the required cooperation from this CEO in order to get their funding shares converted. And all anyone has to do is look up those civil lawsuits some of them had to file lol.
Also, I'd love to see 2 years of audited financials of GT after it was just discharged from Bankruptcy! LOLOLOLOL!!!!!
Eric is such piece of work, Dangling those carrots, feeding that BS to Twitter.
It's embarrassing how many times he has been proven a liar and a fool.
Crazy how ALL the patterns just continue to repeat in perpetuity right Harley!
As if that financial firm he just foolishly tweeted about is supposedly a valid candidate to fund his ongoing GT carrot-dangling HOGWASH!
Pretty hard for them to be a legitimate candidate when they do Reg A+ raises on fully audited fully reporting issuers, something WNBD has never been...with the sickest part being that the entire Reg A narrative being spun is no different that the countless other times he's cried wolf about supposed magical friendly funders have been identified and are supposedly coming to save the day blah blah blah:)
Yeah well, history says I have been 100% right thus far. Luckily no one cares about your opinion, where as I get multiple "thank -you's" yearly for saving investors money from this wretched diluting enterprise ponzi-scheme.
Good Luck Though, I'll be here until Eric gets the lights turned out.
More proof Eric has absolutely ZERO clue as to what he is doing.
He pretends he is going to bring this to market through a new trading entity, there is NO CHANCE that is going to happen. It will be years of carrot dangling while they are forced to hemorrhage WNBD shareholders to foot the bill.
No way Eric has the capacity to bring any of this to fruition. He cut and pastes crap off of legitimate funding sites as if GT qualifies for any of this. He is an absolute idiot.
For any reason I see fit to be here, because I can be. I have the RIGHT to be here, to keep anyone who wants to listen informed on the past actions of the worst penny stock CEO in history.
That is all.
Anything is possible I suppose. It's weird as all I said in contrast to many make money, that likely many lose also. People make & lose on the stock market. Right now the vast majority are losing, portfolios are way down. It's obvious he signed up with a mission to try rattle my cage. It won't work, nor discrediting DD I share, good or bad. Yes there has been some good, admittingly mostly not, because there’s not much there.
I was the first to post the good news about the Vesting Order Court hearing, before Eric, with the Court date & saying it almost certainly will be approved, it was. I have been pretty positive on the amended Reg A offering. I call it the way I see it.
So it's pretty hollow what he says. I guess when I do come out against, it gets under the skin.
As I said I am upbeat about his Reg A, but his new financial plan is all over the board, way out there, full of holes, not well thought out, looks like there is an error. That's my opinion. He wants to do his thing because of it, what can I say.
Mind boggling that people who come forward to bring up Eric's non payment, defaulting on loans, are met with hate. Maybe they are plants.
Be well
Satter-
Why do you think he is doing everything to discredit you? He maybe EL trying to defend himself about the truth you post - he's bothered by the DD you post.
A few years back I believe Eric showed up here as "Q" Investor strongly defending Eric while pumping bogus WNBD loans. So I came forward (was met with the same hate as you) after another WNBD shareholder posted EL owed him money (believe he was Mr. Perlman himself). The WNBD shareholder was owed 300K +/- by WNBD CEO.
I'm sure these folks will be pumping the new financing tool that EL is trying to sell to the flock of followers.
BUYER BEWARE
This is what he wrote in his Q3 filing. I
From Q4 filing
Then why are you here??? Legitimate questions deserve legitimate answers.
—$WNBD
Good catch. I saw that also and tweeted about it last night
I've forgotten more about this pos than you or any of the other crop of koolaid drinkers will ever know.
That is the absolute TRUTH.
Also, Manhattan only does Reg A+ offerings that require 2 years of fully audited fins, so once again Eric gets caught bloviating bs about a supposed "candidate" oooooooooooooops>>>
https://www.manhattanstreetcapital.com/manhattan-faq-page/company
Ask all the joe retail shareholders that got solicited privately by this CEO to invest directly just prior to Eric crucifying them with his massive 500/1 reverse split how they're feeling about that dirtball move.
The reverse split crucifixion he repeatedly claimed for years he was never going to pull only to immediately pull all his blatant HOGWASH public statements about supposedly never reverse splitting them off his website, then pretending that the r/s was supposedly for so-called "noble" reasons lmfao!
At least it's now approaching 2 full years of his never-ending GT carrot dangling tweets that have produced absolutely ZERO on WNBD's financials!
Maybe in 2 more years he'll come up with a new nothing burger storyline to begin tweeting about after the next reverse split:)
True to his long-established illustrious pattern of posting never ending carrot dangling tweets then dealing with the cold harsh reality later lol:)
I've forgotten more about this pos than you or any of the other crop of koolaid drinkers will ever know. But by all means keep posting about how wonderful wnbd supposedly is bwahahahahahahaha
Just reading it now, but its obvious much of what I have been speculating has born unfortunately true.
There is zero or appears to be any GestureTek sales recorded. Some here were predicting million + sales.for Q3. His net income went down from Q2.
Honestly was just trying to warn folks, to tone down their expectations and not to be mean, just to be realistic.
However even with this very disappointing report the twitter supporters probably will have this sail over their heads as Eric pumps this financial plan of his. Eric seems to be winging it as he goes throwing out some good candidate name for his growth funding, not that he has any agreement from them.
https://www.otcmarkets.com/financialReportViewer?id=352584
Financials are out.
This man has no moral character at all.
$WNBD #GestureTek Check out this expert team for their success track record of Reg A start-up/turn-around financing to public. Good candidate for our intended GestureTek subsidiary growth funding. This would be capitalized directly from the subsidiary.https://t.co/vpFKj8FNFk
— Eric Lehner (@WinningCEO) November 21, 2022
I think there is a miss understanding. I am or was not saying how good he is, or even if he is good, was just saying what he may offer to a Canadian Company that he has knowledge about, that they don't.
In the past I said he moonlights as some type of a consultant. What it appears to me is that he offers to assist some company, calls it "consulting" and does it for an exchange. For HADV the exchange as Eric says, is for some Royalty on wine sales when certain milestones are achieved. Right now that deal favors HADV all the way as I see it, and although it can change we still don't know what that change could be, or if there is a written agreement documenting it. Eric also does this as he believes, being able to hype his other businesses work to promote his company profile and stock value. He also gets to stick his banner on their sites. It likely does help as vast majority don't pay attention, many are confused and some even think WB owns or has some ownership of HADV.
For GestureTek his "consulting" turned into an exchange to where we are now.
You are far more intelligent than I, but again I must take issue with what you're saying. Why aren't other companies lining up to retain Eric for consulting services if he is as good as you say he is? Why hasn't Eric been more successful running WNBD if he is as knowledgeable as you suggest? If Eric has connections, why was he not able to get funding to get the stain remover up and running? Why, after a year with GestureTek, do we have so few sales? I think you will agree with me if Eric did not have a publicly traded company, he would've gone out of business many years ago. He has had 15+ years of mediocre success, and now he is teamed up with Vincent, who appears now to have been a has-been without the guidance of the CEO of GestureTek who left and sold off their most valuable patents. As you have said, many stocks with no revenue and no products have gone up 100 or 200 hundred percent on fluff. TXTM is a perfect example. The stock went from 0.0004 to 0.02 on a PR stating that we would be taken over by a company that is worth seven billion dollars. Since then TXTM has lost over 50% of its value. All I want is for WNBD to do something to double from here so I can sell out and move on.
He knows his way around OTC, how to get listed, might offer some consulting for a Canadian company trying to get listed on US Exchange. He might have some contacts for lenders from US market to introduce and help ( consult ) for capital loan investment. It sounds like perhaps that is sort of what he was/is doing for HADV.
For a Canadian based company likely the first thing you need to do is Incorporate your business in the US. Winning Brands is a US Corporation in Delaware, though Eric operates from Ontario, Canada. So since Eric has done all this from years ago, there might be some exchange like I'll get your company, HADV, all set up like mine, WB, in exchange for this. ( whatever )
As far as whether his tweet means a real positive impact on the stock or more of a hype thing, I can only guess. Eric has not hyped this much except for that one small comment. He is big on hyping things. I would guess it won't be some real positive impact on the stock now, but some mention of something that implies there could be a reason to expect improvement for the following filing.
I always respect your opinion, but I have to disagree with you on certain points. You say people come to him for consulting, and yet I have to ask why? What does Eric have to offer? He has grown WNBD's sales at a snail's pace and now, sales appear to be going in the wrong direction. What makes Eric qualified to act as a consultant for any business?
$WNBD QReport. I am filing for an extension of a few days (which is allowed). We are in the midst of negotiation around a (good) subsequent development that has a bearing on the discussion of next steps for GestureTek in the report, which should be included for context.
— Eric Lehner (@WinningCEO) November 15, 2022
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
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