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What happened? I thought stock would be at least $.04 bv now. lol
Well, I guess ROTTEN Root will just have to come up with some other new, misleading, self-serving press release to pump the stock price of this turd of a company next week.
still skeptical why would betborkers plc want to buy out an otc company rarely do these things work out
awaiting for on update on buyout by Betbrokers..
Anyone here know when we will here about it or any other line up on the bid?
From the 8-k last week.
EX-99.1 2 winningedgepressrelease524fr.htm PRESS RELEASE
BETBROKERS plc (AIM-London: BETB) submits Letter Of Intent to purchase Las Vegas based WINNING EDGE INTERNATIONAL, Inc. (OTCBB: WNED)
Las Vegas, Nevada, London, U. K.- May 24, 2007- Winning Edge International, Inc. (WEI) has received a Letter of Intent from BetBrokers plc, publicly traded on the London AIM exchange (BETB) to acquire all of the operating assets of WEI for $6.5 Million in BetBrokers stock. The Winning Edge Board has approved the Letter of Intent and, pending financing to retire existing debt, has directed management to complete due diligence and a definitive purchase agreement to present to Winning Edge shareholders.
Chairman of Betbrokers, Wayne Lochner stated "The acquisition of Winning Edge International is a major step in our global growth strategy. It provides us a high profile United States presence and brings us the expertise and tools to rapidly expand the Winning Edge business model into Europe. A key component of this transaction is the addition of Wayne Allyn Root as a part of our BetBrokers global expansion strategy. Wayne, who will become a key member of our management team, has the name recognition, skills and experience as a television host and spokesman to be invaluable in helping us produce and create gaming programming and build databases of gamblers in the UK and throughout the world. Our combined talents and experience will allow us to build sports handicapping web sites first in the UK, and then globally to provide winning advice on international sports such as Soccer, Cricket, Rugby and Horseracing. The addition of Wayne and the Winning Edge team and assets greatly enhances both the near and long term future of BetBrokers.”
Wayne Allyn Root, added: "My goal for Winning Edge has always been to build a global brand leader and expand our handicapping advice to international sports. Joining with Betbrokers gives Winning Edge and its shareholders that opportunity. With their UK gaming experience, we will be well positioned to rollout the Winning Edge business model globally and to expand our brands into the legal gaming arena for non-American bettors.”
About BetBrokers Plc
Betbrokers is the World's first independent betting brokerage, providing punters, bookmakers, and other organisations an efficient way to access the wide range of prices & propositions within the modern gambling market. Betbrokers began placing bets on behalf of clients in September 2005. The service operates from a brokerage trading room in the heart of London's new financial district, Canary Wharf. Our brokers are trained experts and have been recruited from both the gambling & financial markets
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 ™), 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.
Contact: Douglas Miller
Winning Edge International, Inc.
www.WinningEDGE.com
702-967-6000
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.
I am sitting tight and wait for that pop to 0.03 and more..
look like NITE is holding us back
Mobile Pro deal has been OFF. Look at SEC filings. This is a fully reporting company so the transparency here should provide you with enough information to see what is going on here. Watching this one closely. Could pop to .03 pretty quickly.
lol of course the board is quiet cause most are pissed of with this pos
Board is quiet...I think we will get another PR this week and the stock will move higher.
Look like Mobile Pro Corp deal is off the table and now that Betbrokers is on the table.
The more bidder, the better for us here.
i agree with this post. Buckle up here...I think this will be a good play this week. the chart looks like this one will be back over .02++ in no time.
I must have done something right-retired in my late fifties and am VERY well off today;I assure you I didn't get there by trying to trade unspeakable garbage like this this;as stated, over time trading stocks of this nature is a LOSING proposition.
Buying and trading stocks like this is akin to your team losing 12-0 in the ninth inning and rallying to make final score 12-3. they win in the ninth inning but lose then game overall.
Over time-You will LOSE and LOSE BIG especially in companies which are manipulated and run by lowlifes like Wayne Root.
in short, over time each time you "win" you are simply "winning" back money you lost on soemthing else.
I know Thursday I made a bundle on this "POS", and I will make more in the near future with the news pending////LOL
BTW, your signature is something most don't seem to undersatnd!!! lol. Waiting for the stock they "love" to move up and make their $$$ back, and letting 100% gainers pass them by daily.Kinda like stepping over a 5 dollar bill to pick up a nickel!!! lol
Have a good holiday weekend.....
Go ahead and continue to post incessantly for hours on message boards for stocks you think are POS's like this and see where it gets you over time. LOL
The best traders I know never post at all, but rather spend their day looking at other plays they find more interesting.
Where you stand in the pecking order couldn't be more obvious to me, and why anyone here should take your advice as a result of your displayed willingness to waste valuable time reading and posting/bashing on "POS stocks" is beyond any reasonable comprehension.
"Go ahead and continue to buy POS'S like this and see where it gets you over time. lol"
Save us from yourself, please.
Also, the chart says it will go back to or over at least .02, based on the stocks recent trading pattern.The news should help push it to over .03. IMO, it will test it again. It may be a cople days, it may be a couple weeks, but I daytraded this on the first 200% run, and now it is a swingtrade based on .01 support coupled with news that values this at nearly .06. Been loading up all the way down 'cause we never know when it will pop again, but it is almost "guaranteed" to head back north at .01 either way. I could not care less whether it is "real" or not, just that the momo was there and will return. Watch and see..... Kittycat doesn't seem to understand that basically all of the otc and pinkies havew "shady" or questionable people running them. I don't care about any of that.Trade them dont marry them.
IMO of course......
Frankly, I know no more about the company than what I've gleaned from the recent quarterly statement, and I admit I'm no expert at analyzing those things, but the buyout offer has been verified by Betbrokers ... if there's doubt, just google them, and at this point, I believe that's more relevant than any prior company behavior. Regards ...
I feel folks should know the sad truth about Wayne Root and this piece of totally pumped up and worthless piece of rubbish of a company.
If you have a kittycat gut then go buy some blue
What are you still doing here for?
You may very well be right, but I would bet anything that you have had your share of stocks of this nature with short term upside potential but which didn't go up, and in fact, went down and never recovered.
My only point is that the great majority of folks who try to trade or swingtrade penny crap like this LOSE in the long run no matter what their short term successes might be.
firstly...all otcbb are pos. you dont buy and hold em you daytrade or swngtrade em. secondly.... i guess im wasting my energy since you dont seem to realize that. this has plenty of upside short term potential...and dips like todays are perfect to add for the ride up. watch and learn in the next week. easy double, maybe triple. the more you add down here, the more $$$ made in the trade. duhhhhh
Go ahead and continue to buy POS'S like this and see where it gets you over time. lol
One should not invest anymore than a tiny fraction of one's total portfolio in pump and dump stocks like this.
I see you talk to yourself constantly. Who's the looser??? This stock has major support at .01ish even if the news does nothing. It will still bounce to .02 ish. Charts don't lie... However, the news will move this, and it maybe then you'll STFU. lol
Good luck;to use Root's terminology, if you buy enough of garbage penny or sub penny stocks like this, the
LOCK of the YEAR is that you will lose bigtime.
I think so too. Next week this is ........
a .04 to .05 opportunity. Friday's are mostly downers and we have the holidays before us.
Fingers crossed for a nice BIG run starting again on Tuesday!
SFL
Good move.
I couldn't live with myself if I invested anything in a company run by a lowlife, arrogant, conceited, deceptive and self serving scamdicapper like Wayne Root.
Anyone checked out the company with the letter of intent?
It's a $3.5B company ... and if you GOOGLE it, you find several references to the letter of intent ... I think somebody's passing up an excellent opportunity here.
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=29930679
I think it's because of Friday and Memorial Day long weekend ahead of us. We should see PPS come back on Tuesday.
To be conservative, this buy out worth at least 0.04.
IMO
Looks just like the last merger announcement. Stock flies high, then crashes back down to a penny next day. Something is fishy about this company. Glad MOBL isn't involved anymore.
NITE is walking all over us right now..
definitely manipulation by NITE
Looks like manipulation to me, need some serious buyers to take care of the situation. If not today, maybe after the holiday.
when will be the final day for the buyout?
It's had good bid support. i'm wondering if it is plain MM manipulation right now. We'll see what the day has in store....
Why is price dropping?
$6.5M/125M os = $0.052
How many restricted shares there?
Any idea what the 6.5mil "intent" means for shares outstanding leading to a pps?
Just wondering
Good job WNEDer's, no merger between ProGames
and WNED, consider yourself lucky!
Stand up and hang your head in shame if you are still holding this POS.You have been had;chalk it up to experience and move on.
Ask remains at .01, big difference. Be careful folks, the
CEO of MobilePro is courting you guys hard, wait until he brings in his pals from Cornell, he's screwing MOBL SH's hand and foot...
AIMHO
see stock is back under $.01 at .0085. I wonder what ROTTEN Root will do/say next to prop up the price of this incredibly bad POS.In all seriousmess folks, if you own/bought any shares of this stock and have lost money, you shouldn't even try to invest on your own.
Global Sports' Root defends handicapping reputation
Fires back at veiled claims by former Vegas Insider executive Culver
By KEVIN IOLE
REVIEW-JOURNAL
When asked last week the reason for his resignation as the director of sports analysis at Internet sports betting site Vegas Insider, Russ Culver said simply, "Wayne Root."
Culver was upset that Vegas Insider was planning a joint venture with Root's Las Vegas-based company, Global Sports & Entertainment.
He said of the move, "It's important to me to keep my standards and not be lumped with the Wayne Roots of the world. When I saw where they were going, I had no choice but to quit."
Root declined to answer Culver's comments at the time, but after the official announcement of the joint venture between his company and Vegas Insider, he came out Monday with both guns blazing.
In the new arrangement, Vegas Insider will be a major sponsor of GSE's nationally televised football betting show, "The Winning Edge," which will be seen on the PAX network and Fox Sports Net. In return, Vegas Insider will promote the show on its Web site (vegasinsider.com) and Root, GSE's chairman and chief executive officer, and his handicappers will sell their selections on the Vegas Insider site.
Root also was highly critical of Culver and disputed Culver's contention that he relies more on glitz and hard-sell than on quality information.
"I'm shocked at Russ' choice to resign from Vegas Insider," Root said. "I was looking forward to competing with him on the Vegas Insider Web site. Competition is good. It's what capitalism is all about. His resignation seems to me to be a lack of faith on his part that he could compete with Wayne Root, the most recognizable name in the sports handicapping industry.
"After all, last I looked, Baskin Robbins didn't quit rather than compete with HŠagen-Dazs. Avis didn't quit due to fear of Hertz. ... Quitting is not the American way, unless you realize you can no longer even compete."
Root challenged Culver to a handicapping contest in which each man would select five college or pro games against the spread, with the loser donating $10,000 to charity.
Culver said he is not fearful of competing with Root, but said, "When Wayne Root wins the Hilton (SuperContest), I'll accept his challenge." Culver is a former winner of the Hilton contest, considered the most prestigious among bettors.
Culver also challenged Root to publicly post every one of his selections on Vegas Insider to track his record. Culver said every pick he made in every sport since 1996 was documented on Vegas Insider.
"If he wants to put up -- and be shut up -- then I challenge him to have every pick he makes documented in writing on Vegas Insider," Culver said. "It would be the first time in his life, but have him put all his picks that he gives out under all his different names charted at the same spot and we'll see if he's a great handicapper or not."
Root said all of his picks already are monitored by the Oklahoma Sports Monitor.
Another high-profile handicapper has quit Vegas Insider because of the deal with Root. Dave Malinsky, who is out of the country, sent an e-mail to friends telling them he would not work with Vegas Insider because of its association with Root.
I guess even his colleagues don't think much of Mr. Root.
The fact that this company has not yet gone under simply proves that Sh t floats.
Third word in previous post should be sad and not say.
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