Winning Brands Corporation (WNBD)

[Black Beerd]

ROFLMAO.... almost as impressive of the ....drum roll..... BE ALL TO END ALL GSA contract. Remember that one? that was going to be deciding factor in the turn around of WNBD... you know... the contract that had the whole customer service staff all there at the office on a Saturday night at 10:30 prepping for the onslaught of orders. They were standing ready with sharpened #3 pencils, head set on, the gal pal standing ready to reload them with new sharp pencils. Yup... that was a massive impacting event .... and we all saw how that worked out. A proud moment for the CEO to be sure.

There were a multitude of news flashes/blogs like this that were game changers..... problem was no game . As always... money and numbers talk blogs and Fluff walk.

Headlines should be...CAUTION TYPICAL TOXIC DEATH SPIRAL FINANCING IN PLAY HERE! I don't think many here understand the far reaching effects of this kind of financing are. Eric breathes because the toxic funder allows it.... and vice versa...to NOT breath. For those who really don't get it admittedly or not....study up on this type of financing. It's all desperation ..last resort attempt.

Here is a great place to start the DD.

http://financial-dictionary.thefreedictionary.com/Toxic+Convertible

Chin Up!