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Anyone have any info on the products in the picture? Name of product? Size/s of product? Location: US or Canada?
Many manufacturers are stuck with excess inventory now - offering huge discounts - it's a creative way to get rid of excess stock though.
Can you bump that number up to 38K please -- WNBD still owes me 10K!
Good Luck to you - hope you're able make a profit soon...
As a small business owner we receive numerous calls and emails from lenders
every day of the week. Received a msg fro AM*X this morning - not sure why WNBD wouldn't receive the same calls..
Suppose borrowing from shareholders is easier when you can refuse to repay loans or to even return phone calls... It's also easier for some to deny the facts...
Quality - it's great that you have such a high degree of confidence in WNBD. You've stated on this board that you're one of the largest shareholders. If true, seems you should have the $$ to pay the 50K to 60K for WNBD to become current. As you said it's a great interest rate that WNBD is paying.
One can only guess why you're doing the work of a CEO on Ihub?
Pennyaz - just take and highlight the document you want to copy.
press Ctrl C - go to the place you want to insert the document and press Ctrl V
I honestly dont know how to attach a documnent in this thing. Also I have cut the email and cant paste it in here either.
”If the stock being Pink Current is so important to some shareholders, then they've been given the option to help fund it,”
Was it you or others on this board at one time looking for investors to assist in the funding of WNBD becoming current? Did you or anyone else ever have any luck recruiting any investors to lend WNBD funds? If I remember correctly - you were willing to help with the funding of the company if others would come up with a % of the funding? I recall some sort of talk this nature in the past when the 50K was a big topic of conversation.
or they really don't exist.
Can you give us a clue? I missed something along the way...
Would you mind telling us who the mystery trader is that we all need to watch our for?
Nobody mystery trader has notified me at any point -- has anyone other shareholder / poster been notified by this trader? I
I wonder how they got a copy of your so called NDA? It's funny how some claim to know the contents of a NDA agreement between Winning Brands and certain individuals.
How could a couple of ihub wnbd posters know so much about WNBD company business? Could they be working for WNBD? They still won't answer my original question. "How can WNBD claim to be debt free when the company owes money?"
It turns into blame the victim game. They're good at it Going. Don't let them intimidate you. If it wasn't for your goodwill their hefty investments would be completely worthless today.
Wow this is to clearly meant to take advantage of an elderly gentleman.
Makes me wonder how well Eric sleeps at night to take advantage of his shareholders in the way he does. Where's the honor here Dennis? This is sad and should anger shareholders...
Hi Going,
Do you mind telling us how much money you loaned wnbd? How much the company owes you today - minus any interest owed to you?
Some here question you, myself, and others never directly loaned wnbd money.
Below is an example taken directly from the SEC investor.gov website:
Seniors
April 9, 2018
The SEC’s Office of Investor Education and Advocacy (OIEA) and Retail Strategy Task Force are warning investors about Ponzi schemes that prey on senior investors.
Many seniors have spent years saving and investing, which is a great way to achieve financial security – but also may make them targets for investment fraud, including Ponzi schemes. In a Ponzi scheme, fraudsters use money they collect from new investors to pay existing investors. What appears to be a return on your investment is actually money from another investor who has been swindled.
Before investing, check for these classic warning signs of a Ponzi scheme:
Promises of High Returns with Little or No Risk. Guaranteed high investment returns are the hallmark of a Ponzi scheme. Every investment has risk, and the potential for high returns usually comes with high risk. If it sounds too good to be true, it probably is.
Unlicensed and Unregistered Sellers. Most Ponzi schemes involve individuals or firms that are not licensed or registered. Even if an investment professional comes across as likeable or trustworthy, use the free search tool on Investor.gov to check whether the person is licensed and registered.
Overly Consistent Returns. Investment values tend to fluctuate over time. Be skeptical of an investment that generates steady positive returns regardless of market conditions.
If you or someone you know has been pitched an investment with any of these red flags, report it to the SEC. Also, be wary of aggressive sales ploys such as pressure to buy immediately and persuasion tactics such as offering investment seminars with a free meal. Take your time deciding whether an investment is right for you and don’t give any money until you have confirmed for yourself that the seller is licensed and registered.
For investments that you already have, be suspicious if you have problems getting paid or if you are pressured to rollover your investments. Ponzi scheme promoters sometimes try to prevent investors from cashing out by offering even higher returns for staying invested.
The SEC has brought enforcement actions involving Ponzi schemes aimed at seniors, including:
In the Lifepay Group, LLC matter, two defendants conducted an alleged Ponzi scheme that targeted seniors and their retirement savings. The SEC alleges that these defendants offered investors unregistered promissory notes, telling them that their money would be used for real estate investments that would generate high returns. To keep the Lifepay scam going, these defendants allegedly used new investors’ money to pay earlier investors and convinced investors to rollover their investments into new promissory notes for larger amounts. According to the complaint, these defendants only invested a small portion of investors’ money in real estate and stole roughly $1.3 million to pay for personal expenses.
In the Woodbridge matter, the defendants allegedly conducted a $1.2 billion Ponzi scheme in which thousands of people invested their retirement savings. The SEC alleges that the defendants employed hundreds of sales agents to advertise through television, radio, newspaper, cold calls, social media, websites, seminars, and in-person presentations. According to the complaint, although the defendants claimed that investors would get paid revenue from high-interest loans to third parties, the defendants, in reality, used money from new investors to pay returns owed to existing investors. One defendant allegedly used $21 million of investors’ money for his own extravagant personal expenditures.
Whether you are a senior or someone looking out for a senior, know the signs of a Ponzi scheme and steer clear.
No, I have never made a video.
I did post once a long time as (waitingon10K) I think the name was.
What comment would make you believe I ever made a video? Dirty Dave and Scup made a number of videos over the years. Are you thinking I'm Scup? I'm not.
Ask Eric - he'll tell you who I am - I'll even give Eric my permission to tell you. He knows I have nothing to fear from the truth.
My loan was made to "WNBD" and not to Eric Lehner. I have a cancelled check for $7500 along with a $2500 credit card receipt to prove that it was made to WNBD on the same day. I also have a worthless POS loan document to prove it.
Can you stop blaming the victims with the attorney line. I’m sure that most of the wealthy people that were duped by Bernie Madolf and other swindlers like him had a number of high priced attorneys looking out for their best interest. They still managed to get taken to the cleaners with all those attorneys protecting them. It happens all the time – once was enough for me. BTW - are you an attorney :)
See I really don't give a crap at this point – I’m tired of waiting to get paid back for 6+ years now. Eric knows exactly who I am and he has no plans to repay.
Seeing that you're in direct communication with Eric. As a shareholder why not ask him about the false claim that WNBD is debt free? It's a fair question.
Buyer Beware!
Would it make a difference if the loan was made directly to WNBD and not Eric? Eric has had a number of excuses over the years for not being able to repay my loan. I'm sure the others have heard all the excuses. It's been a web of lies...
Looks like Going has been WNBD's personal banker for some time - how else has Eric been able obtain product? Eric has got me early on in his Ponzi scheme... Once was enough on my end.
It's easy to question the folks that have come forward to expose this CEO. Why not ask Eric why these loans are not reflected in WNBD last financial report. Hasn't the claim been made that WNBD is debt free?
BTW - does Eric normally respond back to you?
Or do you not want to know the answer to the question?
Hey Dirty,
Have you heard from Eric yet? How about the SEC?
Hey Dirty,
Have you heard from Eric yet? How about the SEC?
I'm interested to hear what Eric has to say.
Thanks for the PM - I couldn't respond through Ihub. I happen to believe all three that you mentioned. I wasn't compensated in any way and he still owes me.
By Chance, did you ask him why he's not responding to some of the folks that he owes money?
March - I believe was the last time I spoke to him.
Have you recently been able to communicate via phone or email with Eric?
Correct, it would end any chance of being repaid – you really don’t believe that anyone that loaned WNDB $ will be repaid do you? Shutting this company down would also stop Eric from borrowing from a new crop shareholders.
Did I miss someone being paid in shares? Who was paid in shares?
I'm asking because I really don't know.
Thanks RHall...
Not much I can do about the 10K that I lost to this gangster except inform others so they don't make the same mistake I did. I'm over being embarrassed being taken by this con artist.
The wnbd cheerleaders would like nothing better than to blame the victims of the crimes committed by this CEO. I get it - they have to be sitting on a boat load of worthless stock right now in order to defend Eric.
I hope others come forward and expose this CEO for the fraud/cheat that he is. I'm pretty sure others are out there with similar stories to tell.
Harley you've been right all along on so many fronts... Thank you and please continue to expose this guy for exactly who he is.
I can tell you that my loan was never repaid - so i'm pretty sure that there are others out there haven't repaid as well. I've never wanted WNBD to fail and I don't believe the people that are sitting on bad loans ever wanted WNBD to fail.
Dennis for 6+ years it's been embarrassing for me to acknowledge the fact that I was duped. Heard every excuse in the book why Eric couldn't repay the loan.
I actually wonder how many other people are out there are waiting to get paid back?
BTW - You're correct - Eric does read this message board.
How about a promise of a decent return on your investment?
"Debt has been coming down year after year for a decade and in the last filings all debt had been paid off."
Can someone please explain the claim that WNBD is debt free? I personally know of 3 folks that haven't been repaid the money lent to winning brands. The loans were longer than 3 years ago. Is there a statue of limitations on how long a company can carry a debt on the books? Just trying to understand the claim being made here.
Dave - I've never been compensated in shares or with cash. Spent my own funds to travel and even purchased product samples.
Some people will always manage to find a way to blame the victims of a crime - not the one that actually committed the crime.
I hope more people will come forward to expose Eric for the fraud he is.
"the facts will come out...."
I've sat on the side lines long enough (never posting) watching Eric do the same thing again and again to a number of investors. I have the same paperwork as you Dirty Dave and I'm betting a number of others have the same type of document. My note is a $10,000 worthless POS document.
Dave - Eric won't respond to you because he has no "honor" and he knows that he can't get any more $$ from you.
Dennis and Quality Investor what makes either of you believe that Eric will pay back the principal of any loan - never mind the interest? Have either of you loaned WNBD any $$? If so, has he paid anything back?
Has anyone received a loan repayment from WNBD? I recall reading on this board that this company was debt free? How can that be true if WNBD owes (Going I think?)($250k) Dirty Dave and myself?
This company is a joke -- Buyer Beware!