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Re: None

Thursday, 07/01/2021 3:07:15 PM

Thursday, July 01, 2021 3:07:15 PM

Post# of 241038
Looks to me like WNBD and the acquired Tech Company started doing Business as of today, the 3rd party is the Judge who will be signing off on it, that could be done next week, if the docket moves fast
The transaction is governed by a non-disclosure agreement regarding key particulars. THIS IS IN WINNING BRANDS’ INTEREST. It is vital that no unnecessary complications are introduced during the final court approval stage arising from errant 3rd party communication, initiatives and unpredictable factors.

The bottom line: Starting July 1st, a new phase begins for WNBD. The CEO of the Tech Division and I can and will now work in tandem to enhance the operations of the Tech Division, immediately. My willingness to invest Winning Brands time and resources into such interim business cooperation, prior to the formal Vesting Order, reflects my confidence that formal closing is just that, a “formality”. Nonetheless, I am also determined to keep the remaining process clean and tidy as it has been to date, taking nothing for granted, honoring our non-disclosure obligations and expecting the same of the other parties.
GO WNBD