Wednesday, June 29, 2022 11:07:10 PM
Even with GT operating in a limited capacity they were pretty big #s compared to what WNBD has been doing with 1000+, their perfume, etc.
So if that is the case why doesn't he release them ? How about income statements for 2019, 2020, and 2021. And what were those pretty big #s ? Myself I don't know since when Eric talks about the Tech company doing big numbers I don't know what years he is referring too. Is it before 2019 pre-operating on limited basis, or after ?
If Eric is being truthful, GT sales will show on Q3 and I think a lot of our questions will be answered then/leading up
If he does not release GT Q2 sales how is anyone going to know if there was an improvement under his wing under WB platform ?
The Canuck has already put out PR detailing how there will be new ventures with the GT team, not just their health and signage stuff:
"Winning Brands Tech Division and its 3rd party collaborators already have developed suitable building blocks of their first prototype, pre-launch. Following the completion of the Tech Division acquisition, resources will be applied in part to metatools completion and demonstration of prototype 3D Metaverse virtual retail store spaces"
No offense that is PR hype in my opinion. Who are these 3rd party collaborators. I'll believe the Metaverse stuff when I see it. He just tweeted about needing resources to even be able to make a target growth for expansion, never mind metatools completion and demonstration of prototype 3D Metaverse virtual.
RE: questions around funding and expected returns from the acquisition, I know we all wanted to be rich yesterday but as long as the man can chill with the toxic financing from the Canouses, and doesn't destroy us on the S/S, the already teased sales for GT and the potential of their new metaverse ventures should warrant higher PPS.
He has loans from 2013 he defaulted on and did not pay back. There is potential to pull through, but I might be the only one seeing or saying this, there is also potential to create more debt that puts him in a deeper hole. Was Eric and his financial position really the right fit to take a tech business that already failed with a subsidiary Corp that did not, but needed to be rescued, to the promise land.? Can Eric do what Vincent could not at the end, because he is on a Public platform where he can go to the Canouse Brothers. He also has dilution and even reverse split as tools if needed, but will not be received very well. Time will tell.
I'll be glad if pulls it off and my concerns were proven wrong. Not saying he can't, but saying I see it as quite challenging.
