Winning Brands Corporation (WNBD)

[Quoddytides]

"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.