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Its pretty say to think(like Root) that you can't bet a game even if it is a good pick simply because someone else is betting the other side;in many cases it is worse to fade it.
This is Root's primary means of "handicapping."Only a moron would pay for picks whic are based in ZERO handicapping abilities.
Keep in mind that whether you thibk Root is good or not(personally I think he sucks and knows NOTHING about handicapping;all his picks are based on fading some drunks who hangout in a bar;when they win, Root loses and vice versa-this hardly qualfies him as a legitimate capper), 100% OF HIS PICKS ARE POSTED FOR FREE EVERY DAY ON NUMEROUS SITES ON THE INTERNET. WHY BUY THE COW WHEN THE MILK IS FREE???
Root's alleged profit of $310000 is hardly impressive and obviously not to investors either as this pos is still at .01.
Only a foll or someone who likes losing money would invest in this miserable excuse of a company run by a true scumbag and one of the biggest scamdicappers of this era.
Winning Edge Reports Fiscal Second Quarter Results
Thursday March 15, 8:55 am ET
Company Recorded Positive Quarterly Net Income of $310,049, EBITDA of $390,512
LAS VEGAS--(BUSINESS WIRE)--Winning Edge International, Inc. (OTCBB: WNED - News) announced today results from the company's fiscal second quarter ended January 31, 2007. The company generated revenue of $2,664,740 and net income of $310,049, or $0.003 per share. The company had Earnings Before Interest Taxes Depreciation and Amortization (EBITDA) of $390,512.
Complete operating results will be available in the company's Form 10-QSB that will be filed at the end of the day with the Securities and Exchange Commission and available at www.sec.gov.
Wayne Allyn Root, Winning Edge's CEO, said, "We are pleased with the strong performance of the company in the fiscal second quarter. We generated a solid profit, reduced our debt obligations and retained a deferred revenue backlog that will aid our fiscal third quarter results. Subsequent to quarter end, we signed a merger agreement with ProGames Network, Inc., a deal that we believe will significantly strengthen the enterprise in the years ahead. In short, we set the stage for a solid second half of the year and good prospects for fiscal 2008."
About Winning Edge International, Inc. - Winning Edge International, Inc. is America's only publicly traded sports handicapping company. Winning Edge International, Inc. specializes in developing and marketing sports handicapping advice and information via television (Wayne Allyn Root's WinningEDGE (TM)), radio and the Internet (www.WinningEDGE.com) and (www.ewinners.com). The Company produces high-quality sports and gaming entertainment programming and sells advertising and sponsorship opportunities on their TV and radio properties, as well as marketing opportunities to an exclusive database of more than 1 million predominantly male sports and gaming fans.
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this Press Release. While Winning Edge International, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Winning Edge International, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Winning Edge International, Inc.'s filings with the Securities and Exchange Commission.
Contact:
Winning Edge International, Inc.
Jeff Johnson, 702-967-6000
www.WinningEDGE.com
or
Princeton Research, Inc.
Mike King, 702-650-3000
Source: Winning Edge International, Inc.
http://biz.yahoo.com/bw/070315/20070315005156.html?.v=1
Ha-Stock is again under .01. I wonder what Root will do next to screw people over and give illusion that this company/stock is headed anywhere other than a rendezvous in stock inferno.
Root goes 0-2 on Sunday with LOSERS on North Carolina and Wake Forest;boy those drunks in the bar he uses as his only means for capping(fading) must be cleaning up the last two days. The two day "run" is now 0-8. lol
Here is a typical example of what happens when you rely solely on fading a certain group of folks and do not handicap the games at all, meaning you don't play some good games and worse go against a good pick:
Perfect Play-USC Losing bad. a perfect game for oregon!
Virginia Tech LOST
Illinois LOST
NO LIMIT-Oklahoma State LOST
Millionaire-Purdue LOST
Chairman-Milwaukee NBA
0-6, another "great" day for Rootie.
Is it no wonder that this guy is desperate and will do/scam anyone to prop up the stock price of this miserable company.
The day I get excited about a stock going to .01 is the retire I get out of the market. It wasn't too long ago that people were thinking stock might go to .06 when it was a lot higher thann now;how times have changed.
This is just one more feeble feeble attempt by low life,self serving Root to prop up the price of the stock before it once agains descends rightfully under $.01.
As they say in stocks of this nature, don't invest more than you can afford to lose;that especially rings home here.
I wouldn't get too excited about the deal, as it simply shows the stupidity and ignorance of theresident of the other company to enter into a deal with one of the biggest deceitful scammers of our time.
About all I see in the stated $10 value is in regards to their puts and calls. "After April 1, 2014, the Series B Preferred Stock contains a “put” provision which allows holders of the shares to request Winning Edge purchase their shares of Series B Preferred Stock at the stated value of $10 per share." and "callable by Winning Edge on 20 days notice"....again at the $10 price.
The caveat is WNED can delay the put purchase for 2 years and then "may issue shares of common stock valued at the greater of the then current fair market value or $0.10 per share" instead. Then you'd get up to 100 common shares instead.
I'm guessing the dividend plan is to placate most investors' dislike for reverse splits and an incentive for ProGames Network, Inc to merge. Most likely the latter as they'll own 85% of the WNED common.
Yeah, help me out here this is new math to me.
post split you get 1 for five divy ($10 stated value) that should be $2/ post split share or 6.7cents pre split
On the other hand the $10 share converts to 20 common shares thats $10/20 = $.50 postsplit or 1.7cents pre split
Which one is it?
Or does the stated value have no meaning at all?
Odd they wouldn't mention the R/S in the PR, eh.
1:30 reverse split
then 1 for 5 divvy of a series B preferred
(stated value of $10.00 per share)
which then can be converted to 20 common per 1 preferred
with anticipation of a 6% increase resulting in additional
shares of common stock being issued on conversion
“put” provision & callable
There has to be an simpler way to do some things,IMO.
Glad I still have my old slide rule for ciphering.
It had a fine day. News forgot to mention the 1:30 Reverse Split coming. See the 8k filed just before the close.
As a condition of the Acquisition, Winning Edge will complete a 1 for 30 reverse split of its issued and outstanding shares of common stock reducing the issued and outstanding shares of common stock from 124,849,845 to 4,161,662. Upon closing of the merger, Winning Edge will issue an aggregate of 34,129,823 post reverse split shares of common stock to the shareholders of ProGames Network, Inc. After the merger, shareholders of ProGames Network, Inc. will own more than 85% of the issued and outstanding common stock of Winning Edge.
The Acquisition is subject to closing conditions including restructuring Winning Edge’s current debt, issuance of Series B Preferred Stock to Winning Edge Shareholders, and the completion of $2,200,000 in financing. The majority shareholders of both Winning Edge and ProGames have approved the merger agreement and subject to the closing conditions set forth in the Agreement, consented to the transaction. If the parties are unable to close the Agreement by May 18, 2006, either party may terminate the Agreement. The Agreement may also be terminated by consent of either party with a $250,000 liquidating damage payment to the non-terminating party.
Series B Preferred Stock
Under the terms of the Acquisition Agreement, Winning Edge will issue 1,000,000 shares of Series B Preferred Stock with a stated value of $10 per share to its existing shareholders pro rata as a stock dividend prior to the acquisition of ProGames. Each shareholder will receive approximately one (1) preferred share with a stated value of $10.00 per share for every five (5) shares of Winning Edge common shares (post reverse split) held. Each share of Series B Preferred Stock will be convertible, after March 31, 2009, based on a conversion ratio. The conversion ratio essentially provides for each preferred share to be converted into 20 common shares. The conversion ratio provides for a six percent increase, which will result in additional shares of common stock being issued on conversion of the Series B Preferred Stock.
Dividends are payable on the Series B Preferred Stock if and when declared by the Board. There is no set dividend and the Board is not required to declare a dividend. The Series B Preferred Stock has no voting rights except as provided under Delaware Law.
The Series B Preferred Stock contains a liquidation preference over common stock and future issuance of Preferred Stock at the rate of the declared value of $10 million in total. Accordingly, upon liquidation, after all other debts of the Company have been paid and prior to the payment of any sums to other equity holders, the Series B
Preferred Stock would receive a $10 per share (the stated value) liquidation preference or an aggregate of $10 million preferred preference prior to the payment of any sums to other equity holders. The preference is only payable after all other debts are paid and in most liquidation events, equity holders, including preferred shares, receive nothing or a fraction of the par or stated value.
After April 1, 2014, the Series B Preferred Stock contains a “put” provision which allows holders of the shares to request Winning Edge purchase their shares of Series B Preferred Stock at the stated value of $10 per share. Winning Edge has the right to delay the purchase of the Series B Preferred Stock for up to two additional years if Winning Edge does not have sufficient cash to make such a redemption and, after such delay, if the Board determines Winning Edge does not have the available cash to pay for the Series B Preferred Stock, the board of directors may issue shares of common stock valued at the greater of the then current fair market value or $0.10 per share.
The Series B Preferred Stock is also callable by Winning Edge on 20 days notice. The call price is the stated value of $10 per share. Upon notice of a call by Winning Edge, the shareholder is required to sell the shares back to Winning Edge at the $10 price.
If the Acquisition is not closed, no shares of Series B Preferred Stock will be issued.
I concur.
I did a double take when I got home and saw the +83% and the sudden spike in volume on my QuoteTracker. (http://www.quotetracker.com/ great program with truly awesome support...thank you Mr Medved http://www.investorshub.com/boards/profile.asp?user=24999 & user group board #board-5483)
I'll try your eloquence here, too...
"WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE"
(dang, that was fun)
The news sure hit some radars.
Press Release Source: MobilePro Corp.
ProGames Network to Merge with Winning Edge International, Inc.
Wednesday March 7, 8:58 am ET
Winning Edge Shareholders to Receive $10 Million Preferred Stock Dividend; MobilePro Corp. to become largest shareholder in Winning Edge
LAS VEGAS, MIAMI, and BETHESDA, Md., March 7 /PRNewswire-FirstCall/ -- ProGames Network, a subsidiary of broadband telecommunications services company MobilePro Corp. (OTC Bulletin Board: MOBL - News), announced today that it has signed a definitive merger agreement with Winning Edge International, Inc. (OTC Bulletin Board: WNED - News). ProGames shareholders are slated to own over 80% of the common shares of Winning Edge at the closing. Winning Edge shareholders will receive a $10 million stated value preferred stock dividend and remain common stockholders in Winning Edge. The merger agreement is described in its entirety in Winning Edge's Form 8-K, which will be filed later today. The transaction is subject to a number of closing conditions which are set forth in the merger agreement.
Martin Gray, CEO and president of ProGames, will serve as CEO of the combined entity while Chairman of MobilePro Corp., Jay Wright, will serve as chairman of the newly combined public company. Wayne Allyn Root, founder & chairman of Winning Edge International, will serve as vice chairman of the combined entity. Root will continue to serve as CEO and president of the Winning Edge subsidiary.
Root said, "ProGames has a creative plan for diversifying our unique business model and a valuable audience of high-income young males entering into the burgeoning online cell phone and PDA games industry. ProGames has demonstrated the infrastructure and capital raising capabilities necessary to execute this plan. Both Jay and Martin have proven skills building companies. Jay has led MobilePro from $0 revenue to nearly $100 million in revenues and expanded the company's market capitalization. Martin led the roll out of the first fully interactive and legal gaming network in the U.S., called TVG, before it was sold to Newscorp, which ultimately sold it to Gemstar for over $1 billion.
"I believe that this management team has the skills to turn Winning Edge International into a global market leader," Root added. "Recognizing how undervalued we believe Winning Edge International stock is today, our board is pleased that our current shareholders will receive a $10 million preferred stock dividend, providing them a significant opportunity for upside appreciation."
Gray said, "ProGames Network, a gaming lifestyle site, is quickly expanding its online offerings and in the last two months alone has partnered with nine gaming companies. I believe that Wayne Allyn Root and the Winning Edge customer base are the perfect complement in executing our plan, providing significant synergies and cross-marketing opportunities. We believe that the Winning Edge database and media properties are ideal for ProGames' game plan and product launch in the mobile and online games arena. Likewise, ProGames provides Winning Edge with new cellular and interactive distribution channels for their handicapping products and services. We now look forward to building our company together."
Wright said, "We are happy to see the impending combination of ProGames and Winning Edge. In my view, this strategic merger has the potential to create sizable shareholder value through the utilization of Winning Edge's proprietary database and lead generation, coupled with Wayne's dynamic TV presence, name recognition and media talents and Marty's e-commerce experience and contacts. As the soon-to-be largest shareholder of Winning Edge, MobilePro is excited about this marriage."
About Winning Edge International, Inc.
America's only publicly traded sports handicapping company, Winning Edge International, Inc., specializes in developing and marketing sports handicapping advice and information via television (Wayne Allyn Root's WinningEDGE(TM)), radio and Web-based content related to sports and gaming at (www.WinningEDGE.com) and (www.ewinners.com). The company produces high- quality sports and gaming entertainment programming and sells advertising and sponsorship opportunities on its TV and radio properties, as well as marketing opportunities to an exclusive database of more than one million predominately male sports and gaming fans.
About ProGames Network
ProGames Network, http://www.progamesnetwork.com, is a subsidiary of MobilePro Corp. The site is positioned to serve as a unique community-driven channel for online gamers with content, news, original games, social networking and special connectivity for online gamers.
About MobilePro Corp.
MobilePro Corp., based in Bethesda, Md., is one of North America's leading wireless broadband companies. The company serves more than 240,000 total customer lines throughout the United States, primarily through its CloseCall America, AFN and Kite Network subsidiaries. For more information about MobilePro, visit http://www.mobileprocorp.com.
An investment profile about MobilePro Corp. may be found online at http://www.hawkassociates.com/moblprofile.aspx.
For investor relations information regarding MobilePro, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. To receive future releases in e-mail alerts, sign up at http://www.hawkassociates.com/email.aspx.
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See Mobilepro's Form 10-KSB for the fiscal year ended March 31, 2006 and its Forms 10-Q for the fiscal quarters ended June 30, 2006 and Sept. 30, 2006 for a discussion of such risks, uncertainties and other factors and Winning Edge's comparable SEC filings available at www.sec.gov. We also encourage shareholders of Winning Edge to carefully review the Form 8-K to be filed later today and the Form 14C when it is filed with the SEC later this month for full information on this proposed transaction. These forward-looking statements are based on management's expectations as of the date hereof, and neither company undertakes the responsibility to update any of these statements in the future.
Source: MobilePro Corp.
http://biz.yahoo.com/prnews/070307/clw104.html?.v=14
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Lets take a look a Wayne's day on Monday;
WAYNE ROOT
Chairman Princeton +6 LOSES 41-79
Millionaire Nova -1 1/2 LOSES 59-65
No Limit Nebraska +6 LOSES 56-76
Just another day at the office from the world's "greatest" handicapper.
Oh my-look at today's close. Does anyone know of any bargain undertakers?
Maybe Waynee ouught to bet a little more tonight to take care of the funeral expenses for this company.
WNED Bid: 0.006 Ask: 0.009 Last: 0.0065 ($): -0.002 Vol: 268,667
Its still not too late to buy folks-at .0075, this stock represents a HUGE bargain(If you believe in the Tooth Fairy and the Wizard of Oz that is).
Maybe ROTTEN Root and/or the mm's ought to offer an after Christmas special to get things aobe .01 again-how about buy 1 share get one for free(well actually-that wouldn't be much of a special, as the stock is almost "free" now anywys.
How about buy 10000 shares and be told the name of the bar and people who frequent it(the latter whom Root fades for about 99% of his picks).
Or perhaps and more realistically, buy 10000 shares and be guaranteed to receive an autographed stock certificate by Root when this company goes under and descends into the bowels of hell!
You will not have only a "prized' possession but perhaps an autograph of the next President of The United-------------------------------States Scamdicappers Association.
And we are to believe that someone who has run this company into the ground is thinking about running for political office?;God help that State if he should get elected.
The WNED/GWNI "Titanic" is sinking fast-down to .008. Where are all the supporters of this POS now. Come on Waynee boy-come out of hiding and issue another press release and try to pump this piece of crap again.
Thousands of vultures have already descended on what remains of this carcass before it is rightfully carried away to the bottomless pits ofINFERNO. Na, na na, na, na, na, na, na hey hey goodbye!
Get Quote(s) Go WNED Bid: 0.0101 Ask: 0.012 Last: 0.011 ($): -0.002 Vol: 1,447,900 |
It appears that the curtain has begun to "close" on this company.
I can't honestly say its been a nice run, but it sure as heck has been a tumultous one and a LOSING one for anyone who got sucked into this piece of garbage with an arrogant LOSER at its helm.
Root tears it up with a 1-6 day. Boy those guys in the bar who he uses as his primary means of handicapping(by fading) must have had one heck of a day yesterday.lol
A parody of Wayne Root's Winning Edge TV Show!
Live direct from Las Vegas it's the "Losing Edge" with your host Bett Boppick along with former XFL football coach Con Cryer, fast food champion Pig Pal McShortie, and the chairman of the board Pain Allyn Loot!
Bett Boppick: "Welcome to the Losing Edge and remember to check out our sponsors El Cheapo Sunglasses! We might not be on TV anymore this season but you can still look forward to our internet version every week. And let's not waste any time here! How about we hear first from former XFL coach of the year, Con Cryer!?"
Con Cryer: "Well thanks, Bett. You know this is the time of the season when everyone might start thinking about the XFL coming back into existence where I use to coach. Because I sure can't pick any winners in the NFL or college football! Last week, I had Arkansas and they lost by double digits for my clients. Then I told everyone to chase it with Nebraska and they lost by even more points than Arkansas!"
Bett Boppick: "Well that's only two losers, Con. Was anyone able to top that on Saturday?"
Pain Loot: "Hey, you're forgetting that I am in the room, Bett! Not only did I lose with Arkansas and Nebraska but I also released West Virginia! It was a rare favorite from Pain Loot and I knew they would not cover the spread!"
Bett Boppick: "How could I forget the chairman of the board, Pain Loot?!"
Pain Loot: "You can never forget me, Bett. I mean, who else purposely goes 1-3 every Saturday so it puts my clients in the hole heading into Sunday!"
Bett Boppick: "But you won't have any college football on Saturday for that to happen this week, Pain!"
Pain Loot: "You got that right, Bett. But we're into college hoops now and I've got my Low Limit Game of the Month coming on Saturday this week. I even released it already on my free pick phone so that people who pay for it might get an even worse line!"
Bett Boppick: "Boy that's great, Pain! But remember not to win any of the games because you want people to call back on Sunday for more help like they do every week!"
Pig Pal McShortie: "Hey Bett, how come I have not had a chance to give my salespitch to the viewers yet?"
Bett Boppick: "Sorry, Pig Pal! What have you got going this week?"
Pig Pal McShortie: "My computer uncovered an angle this week that is 1-22 against the spread for the last 5 years. It involves when a team is favored by less than 6 points who was an underdog on turf for two weeks straight and now has revenge at home on grass!"
Bett Boppick: "Wow, Pig Pal! Does playing on grass really matter that much?"
Pig Pal McShortie: "No, not playing on grass! I meant smoking grass!"
Bett Boppick: "Hah Pig Pal, but I thought I was the only one smoking grass!? Last year I was actually a handicapper on the show and now this year I am only hosting it instead!"
Pain Loot: "Sorry about that demotion, Bett! But your picks were starting to get worse than mine and I had to keep the spotlight here because I am the chairman of the board!"
Bett Boppick: "That's right, Pain! And everyone out there remember to join us again next week for another edition of the Losing Edge!"
I strongly suggest anyone who wants some good solid information on Root, go to the GWNI thread on the Raging Bull stock forum.
Just read the posts of today for some enlightening, factual stuff.
Stock closed at .017.The question of the night is what the difference between Root's personality and the closing stock price.?
Answer .003(.02 minus .017).
Stock is now under .02 and headed lower;even if Root prays to his God(assuming he has one other than himself) to save this sinking POS, it is too late;the vultures are swopping their wings, moving in for the kill.
Somehow I forgot to mention before now that over the weekend I got a call from a slimebag from Root's service(obviously my phone number was given to him by someone else or caller id, etc);these scumbags have no scruples about bothering people at home.
Anyway the scumbag started off by being phony polite and asking how I was doing today and then asking whether I was the sportsfan of the household.
I figured I would play along with him for a minute or so and asked him what I "could do for him."
He then asked how I was doing in football, amd I said great.
Naturally, he said that was nice BUT that Wayne has some big games going over the weekend, and that I could do even better.
Rather than just tell him that I was not interested and that Root sucks, I decided to play the game a little longer and asked him, "Why would I want to play when I can get all of Root's picks for nothing on a number of sites on the internet."
The guy then became defensive and told me that you can't believe everything you read and see on the internet, and that picks could be wrong.
I then said "Well you got the first part right about not believing everything you read and see on the internet and in this case the lies stated by Root not only about his records but regarding his company."
I told him to tell Root that if doesn't know already, he is laughed at and despised by the overwhelming number of folks in the sports forums."
I then promptly hung up, and that was it.
ps the salesman sounded desperate to make a sale, and I almost felt sorry for him.
- - - - -
«
Stock is back down to .027;Root goes one game under .500 for entire weekend.
Only a moron would even think about buying this stock let along buy it.
Rumor has it this stock will be added to the Dow TURDY Index.
Wayne is the ROOT of all evil.
Wow-I see the stock is back to its customary .029.
What could have gone this quick demise from a company which is expanding its operation all over the world and whose revenues are growing by leaps and bounds?
Hmm-I may have to really have to put my thinking cap on here. lol
It is just more smoke and mirrors and the sinking turd is actually down on the day.
Wait until Waynee ends up in jail for defrauding shareholders and lets see what happens to the stock price!
Winning Edge International, Inc. Announces 11% Year To Year Revenue Increase For the first 10 weeks of Fiscal Year '07
October 17, 2006 - 11:53 PM EST
Winning Edge International, Inc. (OTCBB:WNED) announced today that unaudited sales for the first ten weeks of its new Fiscal Year are up 11% over the comparable period last year.
Per Chairman, Wayne Allyn Root, "With the football season now underway, we are pleased to report this increase in revenues during the first half of the football season. The move of our signature TV show 'Wayne Allyn Root's WinningEDGE(TM)' from WGN to 8:30 am Saturday mornings on The Discovery Channel transponder has proven to be well worthwhile. We look forward to reporting our results for the entire first quarter in the near future."
About Winning Edge International, Inc. - Winning Edge International, Inc. is America's only publicly traded sports handicapping company. Winning Edge International, Inc. specializes in developing and marketing sports handicapping advice and information via television (Wayne Allyn Root's WinningEDGE(TM)), radio and the Internet (www.WinningEDGE.com) and (www.ewinners.com). The Company produces high-quality sports and gaming entertainment programming and sells advertising and sponsorship opportunities on their TV and radio properties, as well as marketing opportunities to an exclusive database of more than one million predominately male sports and gaming fans.
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this Press Release. While Winning Edge International, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Winning Edge International, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Winning Edge International, Inc.'s filings with the Securities and Exchange Commission.
Winning Edge International, Inc.
Douglas Miller, 702-967-6000
www.WinningEDGE.com
Source: Business Wire (October 17, 2006 - 11:53 PM EST)
Here is an example of a "satisfied" customer posted on one of chatlines:
I recently fell victim to wayne root. he sold me one good pick then got me on for two weeks. the following day they started asking for more money. on two seperate occasions a wayne root agent gave out information about how much i had spent with them to a friend of mine who knew i had won a couple of games with them.
I don't pay for picks from anyone;there are plenty of free and excellent handicappers on the various gambling forums;Root is just another guy who has winning streaks and losing streaks.
From what I have read and heard, he has defrauded shareholders in this company;hopefully, he will be hauled into court, and the real truth about this obnoxious, scamming jerk will be proven.
You got to be kidding about betting/losing a game because he picked it.
I am simply trying to expose him for the fraud he is; I haveg followed sports services since the late 70's when they began and later on when he became a (scam)dicapper and know a fradu when i see one.
Just go to the Raging Bull forum on GWNI if you really want to learn the truth about this deceitful and lying con artist.
I think it is just a matter of time before the current investigation which is occurring about him re: this company leads to jail time and the total demise of this company.
ok basher
you are verbose and persistent but i dont get your point???
did you put all your money on a w.a.r. pick and lose your arse?
and now you'r a bitter bitty?
just curious
KING OF VEGAS TO KING OF REPUBLICAN POLITICS!
Wayne Allyn Root is many things-but most of all he is a classic liar and scamdicapper. Wayne is the man the media has called "America's Con Artist" The Farce of Las Vegas Gambling," and the "The King of Deception." Many refer to him as THE brand FADE of sports gambling across the globe. Wayne is Chairman/CHUMP and CEO of GWIN Inc., America's only publicly traded sports handicapping firm, which is said to be in deep financial trouble and on the brink of bankruptcy. Over 2 million American sports gamblers have called for his unfortunate advice, and are now in deep debt to their local bookmakers He is the Host and Executive Producer of Wayne Allyn Root's WinningEDGE-the most deceptive, dishonest,self-serving football handicapping Pre Game show on television (aired on Superstation WGN this Fall) of all time. He is the author of 5 books, including "Root on Effective Deception techniques, Betting to LOSE on Sports" (Bantam Books) and the current hot seller "I am the FRAUD of Sports Handicapping."
- - - -
Here is a copy of the press release of today:
Root would have a better chance of "suing the sun for failing to appear on a rainy day" than winning this absurd nonsensical case:
Tuesday , September 26, 2006 12:10 ET
LAS VEGAS, Sep 26, 2006 (BUSINESS WIRE) -- GWIN, Inc. (OCTBB:GWNI) announced today that four companies have been served with the Company's lawsuit claims for patent infringement. The claims and demands for infringement have been made against handicapping firm Don Best.com which is majority owned by Fun Technologies, recently purchased by Liberty Media. Other plaintiffs named include VegasInsider.com, VegasExperts.com and Sports Direct. GWIN may name additional plaintiffs in the future.
Wayne Allyn Root, Chairman and CEO of GWIN stated "As the most well known, publicly traded handicapping company in the United States, we are obligated to protect our owned assets and obtain payment for our intellectual property rights for our shareholders. We believe our claims may result in damages in the millions of dollars, and we will actively pursue our legal rights to collect these claims for payment."
About GWIN, Inc. - GWIN, Inc. is America's only publicly traded sports handicapping company. GWIN specializes in developing and marketing sports handicapping advice and information via television (The WinningEDGE (TM)), radio and the Internet (www.WinningEDGE.com) and (www.ewinners.com). The Company produces high-quality sports and gaming entertainment programming and sells advertising and sponsorship opportunities on their TV and radio properties, as well as marketing opportunities to an exclusive database of more than one million predominately male sports and gaming fans.
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this Press Release. While GWIN, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond GWIN, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in GWIN, Inc.'s filings with the Securities and Exchange Commission.
SOURCE: GWIN, Inc.
GWIN, Inc., Las Vegas
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Root had a great week(for him) going 5 and 6.
The response today was "overwhelming"-26000 shares traded and stock down.
ps Root was 1-9 for the weekend, not bad for someone who refers to himself as the King of Handicappers.
Root goes 0-2 last night with LOSERS on Wash. and Oakland.
In 26 years of monitoring services, I can honestly say that Root ranks right up there with the WORST as far as accuracy of picks, code of ethics, honesty and overall manner of running a business are concerned.
And to think that is rumored that this arrogant self-serving failing turd wants to run for senator;heaven help the country!
Root so far 0-3 on Sunday with a No Limit(LOSER) on kC and LOSERS on New England and Cleveland.
0-7 the last two days.
Jacksonville is the last play. Will he break through and win one? Stay tuned.
Lets see how Wayne did today with his plays:
No limit play-South carolina loses(and doesn't cover)18-0.
Arizona loses 45-3. Loser ATS
New Mexico State loses 34-28 and doesn't cover.
Northern Illinois favored by 20 loses on the field 35-23.
0-4 for Wayne.
I wonder how many folks will be forced to sell their shares of gwni on Monday to pay their book.
On the other hand, at .03 unless they have a zillion shares, it ain't going to make much of a dent.
Need I say more about the handicapping prowess(or lack of it) for this fraud?
Well, at least the guys he fades must have had a great day. lol
People like Feist, Ness, etc. and many others want nothing more to do with Root, he is under investigation by the Feds and State(posted at another forum), company is losing millions of dollars, Root's picks are and have always been horrendous, and we are supposed to get excited about a sinking .03 turd of a stock? lol
ps A very fine station like Discovery is totally demeaning itself by pandering to this scumbag.
WinningEDGE Kicks Off Football Season This Saturday with Show Premiering On Discovery Channel Transponder Reaching Over 110 Million Households; CEO Wayne Allyn Root to Appear on ESPN on Sunday, September 10, 2006 at 9:30 a.m. ET
September 08, 2006 06:20:21 (ET)
LAS VEGAS, Sep 08, 2006 (BUSINESS WIRE) -- GWIN, Inc. (OCTBB:GWNI) announced that GWIN's flagship sports handicapping show, "Wayne Allyn Root's WinningEDGE(TM)", premiers this Saturday on Discovery Channel's paid programming block, where it will reach more than 110 million cable and satellite households. In addition to doubling the homes reached last year on WGN SuperStation, The WinningEDGE(TM) moves from a 10 a.m. EST, 7 a.m. PST time slot to a dual feed time slot at 8:30 a.m. EST/PST Saturday mornings, beginning September 9th, on Discovery's Transponder. This allows The WinningEDGE to precede the start of the weekend college and professional football games. GWIN CEO Wayne Allyn Root will also appear on ESPN's "Outside the Lines" at 9:30 a.m. ET this Sunday to discuss gambling, television and the NFL.
Wayne Allyn Root stated "Opening the new football season on the Discovery Channel Transponder is a great way to showcase The WinningEDGE. We're kicking off a great new season reaching over 110 million cable and satellite television households, more than we have ever had in our history."
About GWIN, Inc. - GWIN, Inc. is America's only publicly traded sports handicapping company. GWIN specializes in developing and marketing sports handicapping advice and information via television (The WinningEDGE(TM)), radio and the Internet (www.WinningEDGE.com) and (www.ewinners.com). The Company produces high-quality sports and gaming entertainment programming and sells advertising and sponsorship opportunities on their TV and radio properties, as well as marketing opportunities to an exclusive database of more than one million predominately male sports and gaming fans.
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this Press Release. While GWIN, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond GWIN, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in GWIN, Inc.'s filings with the Securities and Exchange Commission.
SOURCE: GWIN, Inc.
GWIN, Inc.
Jeff Johnson, 702-967-6000
www.WinningEDGE.com
Copyright Business Wire 2006
Root should be thinking more about what he is going to do if he goes to jail than trying to resurrect this worthless company.
The corporate actions involve three (3) proposals (collectively, the “Proposals”) providing for the following:
1. To approve the adoption of the GWIN, Inc. 2006 Stock Incentive Plan;
2. To approve an amendment to the Company’s Certificate of Incorporation (as amended) to increase the authorized shares of the Company’s common stock from One Hundred Fifty Million (150,000,000) to Seven Hundred Fifty Million (750,000,000) shares; and
3. To approve an amendment to the Company’s Certificate of Incorporation (as amended) to change the name of the Company from GWIN, Inc. to Winning Edge International, Inc.
http://www.sec.gov/Archives/edgar/data/924396/000114420406035528/v051210def14c.htm
This Information Statement is first being provided to the Shareholders on or about August 24, 2006.
THIS ACTION IS EXPECTED TO BE TAKEN NOT LESS THAN TWENTY (20) DAYS FROM THE MAILING OF THIS INFORMATION STATEMENT, BUT AS SOON THEREAFTER AS PRACTICABLE.
Just curious-is there an over/under out yet in Vegas as to when this turd of a company finally goes under and closes its doors?
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