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Okay, I am down. Put them up, lets see what you have.
You don't know if those allegations are true. I am not bringing down Eric to the same standards as some of the people here who have made a lot of false allegations about him, but he really doesn't have to prove what he is saying about a particular person to anyone. Anything can be going on behind the scenes now.
This is from the annual report. What are the allegations are again?
I am sorry, what allegations? He has said from the first day GestureTek fell into debt and put in a trustee, later filled for bankruptcy. You guys create a problem and want a solution for it? Everyone knows this and he put this in the annual filings.
Pumping? If you call this pumping then I have bad news for you. Pumping would be endlessly putting out PRS for a month and then diluting. This company is the last company I would call a pump and dump. You couldn't choose a worse example lol, what do you want Eric to do just stay quiet if he doesnt he is pumping?
Why? I have seen companies make great use of toxic lender funding and buying back those notes before they were exercised after having a successful business. Selling notes does necessarily mean dilution right away as I have said before, I have seen companies get millions in funding in return of notes that were locked in for 2-3 years.
You knew the name 9 months ago, not from last month. It was only recorded in it and since it is public information.
Its not my analysis, I am just talking about public information.
Okay, lets say he goes on twitter again and announce more contracts. How is that going to help us? If he is limited to only sharing a number, why should he keep doing it. The NDA is still in effect but he had to get the permission to only share the name and the name only of the tech company and awaiting the backed up court to stamp it.
If he was only able to release the name just recently under the NDA, what makes you think he can release contracts? How in the world does that make sense.
Regarding this quote:
Why would the trust authorize it? why are we going to assume this did that and this done that when me and you said we don't know anything. We have come this far in our discussion, while missing the first point in our first discussion, which is all based on an assumption. What we know so far is very good, for me at least.
They cannot sell assets that are being held by the trustee. Yes, they are working with WNBD and reporting back to them, but until a judge stamps and approves it, they cannot access any inventory that were taken from them. Even if they are, this proves that their technology is still in demand regardless.
Yes, I know installations were done after the filed bankruptcy. In the last months of last year (2021), Eric was updating us on deliveries made to airports and hospitals by GestureTek. So, they do have inventory of those products. So, keep in mind people they don't only have products generating revenue, they are still installing more and more as demand has not went down.
Some of those tweets I am going to get from the WNBD telegram group because I don't want to go through his twitter feed again are:
"$WNBD Winning Brands Tech Division Acquisition - Additional delivery completed by that company a few weeks ago: Installation at an airport in Tennessee. Value: $30,000. "
" $WNBD Hello Mali - On August 21st the Tech Division shipped its proprietary equipment to a leading global bank's UK office. Value approximately $7,000. Thank you for your continued interest and goodwill. "
$WNBD GestureTek Health division still has 8 products. IREX is one of the products they sell and apparently they have already installed 750 unites of it.
"IREX is GestureTek Health’s flagship product for the healthcare arena, with over 750 units installed in rehabilitation facilities worldwide. "
https://gesturetekhealth.com/products/irex
So, the inventors left and took their inventions with them, what is Gesturetek currently selling, 3rd party chinese knockoffs? You sound very funny. They still have patented technology and just because the inventor left, it does not mean they take the patents/inventions with them.
how is this a "dangled" carrot this time? If the company being acquired has already been approved upon, the CEO of said company is reporting to him, and we just got the name of it. You talk a lot of bs without any support.
He doesn't need to make it into a success story. They already have the technology and everything needed to make it happen.
Some people keep claiming this is bad for WNBD rather than good. Yeah, sure, its bad for a company to acquire a private company that would be making millions of dollars because, why again? Oh, because something happened in the past and they had to file for bankruptcy. That something was very unrelated to what they were doing. We need to sit down and wait until this is done. WNBD will sky rocket once everything settles.
Go back through his tweets and you will see him updating shareholders about deliveries. In one of the tweets, He claimed the company had so far (up to that time) made about 400k in profit. He has also said they are operating under limited capacity multiple times. The tweets included the tech division making deliveries to airports and major retailers, thats before the identity of the tech division was given.
Read the the tweet again, it is including sales from the new technology division.
It has been stated multiple times that Gesturetek is still working under very limited capacity, and the $ 400k is the minimum estimate that has been given to shareholders on twitter.
Yeah you understand alright, more than I ever will bwahahahahahah... jajajaj ... hihihihi
Here is a lawsuit against $DPLS ... Carebourn Capital, L.P. v. Darkpulse, Inc.
Does that make $DPLS a fraud? a lawsuit is one too many for any accredited investor, yet darkpulse did not only get investors, they got billion dollar investors.
Why would I debate doubt it. Gesturetek was working under certain guidelines and very limited capacity because of being put in trusteeship and one of the main upsides in acquiring it is bringing it back to work in its full capacity and getting rid of the debt. They were doing almost half a million in sales under limited capacity, so why couldn't they bring in millions? I don't it really, how hard is it for you to understand.
The idea is they don't need new technology for the metaverse themselves. The "Metaverse" itself is a virtual world, and to access to this virtual world you need something like GestureTek has already, it is taking the input from what ever Gesturetek is already selling and just applying it to what ever they are using.
Basically, Gesturetek has a tool that you can take input from the user and give it to what ever that's taking the input from. Now, the user (engineer) can take that input and apply it to a game, program, or anything they want. It is not a pipe dream anymore because this is as close as it gets for something small in a big market to make one of their biggest moves yet, and again you still don't need any new technology.
It doesn't matter who invented it. The inventors don't just take their technology and leave a company if their invention is successful. Rights were reserved back to GestureTek when they sold that sector of technology. You do not share my enthusiasm that there will be this rush ti invest on a company that unfortunately failed because maybe you live in the past? Metaverse and VR world is being adopted and here we are getting an OTC company backed by a GestureTek, a company with real experience in the VR world saying "Hey everyone, we are getting into metaverse".
Also, how do you know they don't have any engineers left? Yes, the old ones left but they still have technology and can certainty get engineers to work on it and improve it.
NEW TWEET!
In conclusion ??
Of course they have done their DD on Eric. Eric is the Co-founder of Space Horizon Canada as well, that should tell you enough.
Any company that wants to get current, needs to disclose any and all lawsuits pending.
Wow, and that's from just last month. It is amazing how Gesturetek is still recognized as a key player in the Gesture Technology.
All we need is time and some PR, and $WNBD will reach new heights.
Clear stock price manipulation by MMs.
Excuse my question, but are you new to investing, or to the OTC market in general? I have seen companies get tens of millions of dollars in loans, and in return one of main condition would be that the loaning company that's getting restricted shares in return can only exercise them after a 2-5 year waiting period. Those company that got those loans have no reputation and are not even operational, and its all speculation.
In contrast to WNBD and gesturetek, there is no speculation. There is a market and there is a company that has the tools and technology to reenter the business world through this sector. To be honest, at first I thought the tech question would be about acquiring some boring unkown tech company that sells dead technology, but this is very different.
Because the technology that Gesturetek has only just became relevant again. Like I said before, Metaverse technology is a new thing to the world, just like Cryptocurrency and NFTS. 10 years ago if you ask 10 people what Crypto and NFTS are, only maybe 1 would know what it is.
Also about this "Eric talks about the creation of tools for Metaverse. Maybe it's me, but if I am investing, I rather invest in a business that already has the tools. Something like this :"
They are the tools. They have the experience and background and I view them as the best in this field because they are the founding fathers of gesture technology.
$WNBD at its current PT is better than the 99.99% OTC companies trading at its current PT with the same SS, and I am saying this because its such a cheap company for such potential. I have been in and out of OTC companies for a while now. I lost money sometimes, I won money in others. I am able to easily identify scams and can identify a scam from the first red flag. While the longest period of time I have held an OTC company was 1-2 month, I am yet to see a single red flag in $WNBD and I have been in for almost 10 month now. My average is pretty low, I can sell right now and I will be in a lot of profit, but I really believe in this company, and I am until this date adding and averaging up.
If Companies like $PHIL and $HPIL can receive funding in the billions and millions with 25+ Billion of outstanding shares and not a single penny in revenue, how much funding do you think $WNBD will get after this acquisition is done with what they already have in place, in addition to the assets they will be getting from Gesturetek. They have had this proven technology and Gesturetek is the founding father of Gesture technology as the world uses it. I believe in the first time they try to get funding, creditors will rush to give money.
Just think about it for a second. In my opinion, where $WNBD is at right now is better than maybe 90% of OTC companies that are trading way higher than $WNBD. Again, they filed for bankruptcy not because the remaining of their technology sucked, but because they had no funding after the original investors pulled out.