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It's unbelievable really....like really unbelievable
Not a single word about the actual financial situation of the acquired company (from receivership mind you), not a single word of WNBD's fiscal responsibility to the new acquisition, and not a single relevant document about any of the legal and financial process of the entire deal.
Eric is like, "Cool, look what I just got, how can I exploit this??"
And GT is SOOOOOOOOOOOOOOOOOOOOOOOOOOOO Viable that not a single other business entity wanted to acquire their "multi-million dollar sales pipeline" ????
Good Grief!!!!
Uhh huh.
HOW MUCH PROFIT is the only question that would be interesting. Also, Eric as usual has explained absolutely nothing.
I believe yesterdays sale was $2.00 or possibly cost the company money, since there is no mention of number I can just guess.
It appears a lot of investors believe Eric just got GestureTek and any previous and future business for "free".
I assure you they did not.
Do your research and realize how bad this is going to end.
Considering there is no mention of price, cost, or installation teams or anything, it is possible Eric GAVE them the unit for free to use as a way trying to get the name out there, like he has done with cleaners in the past with WNBD.
Anyone can speculate anything at this point, until any facts come to prove otherwise.
No doubt the General Contractor went to the sub to acquire the unit, there is no direct relationship between the hospital and GT company.
Eric can't even sell shares of common @ .0007, who the heck is going to buy his offer???
LOL!!! What an incompetent doofus. I hope he didn't sell Vincent on this strategy, like anyone is going buy this garbage.
Can't wait to see how this plays out!
I see multi-level dilution in the future....VERY NEAR
Ahhh yes!!! The first round of toxicity from Eric and Vinny!
I sure bet there is a LOT more to follow! Looks like the financials are still UNAUDITED.... Nice!!
https://www.bassberry.com/wp-content/uploads/Files/Publications/2017/09/FAQs_About_Regulation_A_Securities_Offerings.pdf?utm_source=Web
No one "knows" if he made the right call, Eric has historically made the "wrong call" on just about every occasion.
And if GT was such a no brainer, and EASY money maker, don't you believe there would have been a bidding war for its assets (whatever is left) ?
I mean what company wouldn't have jumped at the chance to get a multi-million dollar company for mere PENNIES on the dollar???
The fact that no one else was interested OTHER than Eric tells me everything I need to know.
Maybe the problem is that many people DO know about Eric and WNBD's massive failures with him at the helm, and would be hesitant to support ANOTHER new "venture" that will bring in millions and millions (just like all the other failed ventures over the years).
Maybe, just MAYBE, the problem is knowing.....
Yeah...I have no idea what Twitter is...LOL
OMG this is too much.
Any DD that was presented is 100% verifiable, to say otherwise would be ignorant. Eric is the one who has been dodging questions and not providing information, ultimately Eric will be exposed as he always has as a snake oil salesman. Eric's entire career as a share-selling Pennyland CEO has been a play on words, it's literally his modus operandi, doublespeak and bloviating paragraphs that have left long-term shareholders broke.
GT the company is gone, BK cleaned that up. The remaining spin-off is GT Health which is dangling on borrowed time. If Eric is involved in either, you can be assured nothing good will be happening.
Eric is the King of stupid ideas as far as pennyland CEO's go, this being yet another ridiculous waste of time and resources where shareholders will get dumped on....just like the last year for 1.7 billion new shares.
Where are the filings to clear this all up?
Well jeeez, that applies to just about ANY stock now, doesn't it ?
Eric FINALLY admits that the cleaning products haven't taken off....in 17+ years...wow, Eric has given up it sounds like. I wonder if Eric will finally step down and give control to Vincent, who looks more deserving to CEO than Eric??
Will Eric step down in June after his 17 year failure at branding and marketing? Maybe that is the best thing that could ever happen to WNBD.
Well, the only problem is that nobody knows exactly what is being "acquired". I can't believe that if GT was SOOOOOO profitable that many REAL tech companies wouldn't have trying to swoop in and get the assets of a great company that was riddled with sales.
My guess is that there is little to no value in whatever Eric is trying to acquire, and it will really become Vincent's company with Eric just being a face to bamboozle carrots danglers.
Effectively, it looks like Eric has given up on WNBD Cleaning and admitted he failed.
Bad assumptions are warranted if Eric was the ONLY person interested in GT assets (whatever is left).
Eric has never been accused of being a shrewd and savvy businessman when it comes to making incredibly complex decisions. In fact, one could say he has proven completely inept at successfully conquering the market of his 15+ year run as CEO of WNBD.
Eric gets zero credit for success; his only avenue of sustained business is diluting billions of shares and taking loans he cannot pay back, and refuses to.
Really? All one had to do was go petition the court apparently. What did Eric really acquire, and how is it of benefit to WNBD Company Shareholders.
That question (a pretty big one has YET to be answered honestly) is then only thing serious investors are asking. The rest of Eric's gobbledygook is his usual nonsense.
The devil is ALWAYS in the DETAILS.
Is anyone to believe that Eric's 15 year mismanagement of the WNBD brand will suddenly be turned around into a successful multi-million dollar venture in a sector he knows nothing about with a company that was bankrupted and hasn't developed new technology in 10 years?
Good Luck
Winning Brands Corporation is the purchaser of assets and rights that became available in the matter of the earlier bankruptcy of GestureTek Systems Inc of Toronto
What is left? That is the question. If Eric was the only interested party, I'm betting this is a nothing burger meant to pump endless PR's about "future" plans and dangle many carrots all while selling billions of shares.
Good Luck.
Amazing for who? No one even knows what this really has to do with WNBD, IF ANYTHING.
Well, when the CEO has perpetuated the act of leading shareholders into dangling carrots for over 17 years never having fulfilled on ANY profitable plan, one should only look to history to be their guide.
Good Luck
What does that have to do with WNBD? We still have literally no idea what Eric is supposedly even "acquiring". Also, you don't have the cost of sales, the R&D numbers, nothing. It could be a paper loss to sell anything (much like WNBD products are).
What subsidiary? Eric doesn't even have money fund WNBD day-to-day operations! How in the world could he start anything else without any Financial filings?
I have no idea what Eric and Vincent have cooked up, maybe Vincent actually believes Eric knows what he's doing (poor guy if he does).
Anyhow, this will be fun to follow for at least another 2-3 years or so as Eric continues to slow-roll the info.
This will literally sum it up for everyone:
"WNBD MAY be getting a few 12+ old technology patents out of a bankruptcy settlement deal. The best parts of the company were sold off long ago and Eric is trying to acquire some scraps, no cost revealed and no information given"
Yes! Increased the A/S to 7 billion and furthermore diluting 1.7 billion shares over the last year...what an awesome job!
Weathered the storm? I guess diluting 1.7 billion shares over the last year has certainly helped Eric stay afloat with some piddly orders. I mean, we know they are not generating business sustaining revenues at all, they also are mired with debt and litigation....
Eric spreading constant FUD with his carrot dangling Bamboooooozling bloviating malarkey doesn't help for sure.
I agree. Eric continues to spread FUD by not releasing details about anything, and when people realize how little value there likely is, I imagine it will become a "sell the news" event.
Let's never forget when Eric was soliciting personal loans from investors to simply keep WNBD going, since his financial situation was so dire!! Now, he has been able to dilute 1.7 billion shares over the last year, and raised the A/S.
Eric has got to be the biggest bambooooooooooooling, gibbbber jabbber CEO in pennyland!! LOLOLOLOLOL!!!!!!!!!!!!!!!!!!!
The "joint venture" could be just Eric paying to have his logo on their website...LOL!
Wouldn't that be funny if it is, and actually cost WNBD money.
As far as the nonsensical "tech division" acquisition, it's not even real since no details has been disclosed. There is literally NOTHING of substance available to the investor to even know what is happening other than Eric's bloviating garbage.
If it wasn't for the real DD of various individuals, the carrot dangling would be unrelenting from Eric and new(er) gal pal. It is comical to watch this unfold, how is Eric acquiring anything with no funds? Means there is likely no value left to be had, he is basically getting whatever it is for free (until proven otherwise with fiduciary responsibility by a reporting company).
Nothing has been "alleged", it has been PROVEN. That is not an opinion, that is a fact. Choosing not to believe a fact doesn't stop it from being so.
Any posted message on this forum is an opinion, whether it it an opinion of fact is determined by the reader.
Many facts have been posted, except from Eric, who continues to hide the truth in the shadows with bloviated tales of "metaverse" intentions, and grandiose ideas, all of which are his opinion, not fact.
What has been proven is that GestureTek was indeed in Bankruptcy proceedings, and was placed in receivership. It's not clear what Eric is even acquiring, or is associated with. The patents or Technology were listed at a $9000 value. Peanuts.
These are facts, indisputable with proven court filings. Eric has proven no facts, no ownership, nothing but tall tales and tirades.
If the "opinion" is based on a compensated PROMOTION, then is it really a reliable opinion?
No need to answer.
Just a stock promoter who is being compensated to advertise.
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I suppose we'll get to watch Eric dance for a ANOTHER magic business opportunity...LOLOLOL
Remember the big $6 Million dollars Sales Initiative ?? LOLOLOLOOLOLOLOL!!!
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Why the need to "clarify" every single opinion? I don't see anyone else's opinion needing constant clarification. The opinions seem quite well thought out and thoroughly substantiated with filings and factual evidence, unlike Eric who just spews random gobbledygook without providing the entire truth of the matter at hand.
There is no need to clarify any opinion, just read it and move on.
Sure, and only 1.7 Billion diluted since LAST March....I suppose 2 months is something to cheer about.
If you count the Reverse Split, it's literally even worse than the "trips".
It's ok though, they are going to conquer the "Metaverse" now with a bankrupted company's 12 year technology patents that nobody cares about....LOLOLOLOLOL!!!!
Not even close. Everyone is entitled to their Opinion of WNBD and Eric on this forum. It is a public forum for the discussion of OPINIONS. Everything is an opinion, since Eric refuses to share all "facts" all one can do is FORM an opinion.
Because someone doesn't "like" the opinion, doesn't make it any less valid or need to be proven to someone else's moral repository in regards to Eric and WNBD. It comes with the territory of being a forever-losing penny stock CEO who has never accomplished anything other losing 99% of the shareholder value. (not an opinion)
Good Luck