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Alias Born | 02/04/2004 |
Thursday, January 05, 2017 5:31:16 PM
The first expansion of Winning Brands' scope of business in 3 years is now taking place. Winning Brands has entered into a Letter of Intent with United States Building Innovations of Seneca, South Carolina to jointly accelerate exposure and adoption of USBI's proprietary new coating technologies. www.usbiinc.com. The purpose of the relationship is to help Winning Brands achieve profitability by conferring upon Winning Brands appropriate new business development licensing that will expand Winning Brands' business reach. The arrangement provides Winning Brands with access to additional proprietary business opportunities that it would not otherwise have had. This will also increase the exposure and adoption of new product ideas that were USBI-researched and developed, for USBI's benefit.
So I guess I read your last paragraph wrong...as I thought you were alluding to WNBD investing in the construction project financing in Georgia you mentioned.
So your LOI with Eric Lehner/WNBD is for Eric/WNBD to help promote your products?
And if so why would WNBD need to "invest monies" into USBI as part of the arrangement?
Just trying to get an accurate read on what your LOI with WNBD fully entails
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