Winning Brands Corporation (WNBD)

[doogdilinger]

Hilarious how all these bloviating statements have aged 9 & a half years later as the s/h's are still waiting for the promised fully audited financials and supposed uplisting to the OTCQB. Just one of hundreds of such examples where/when time always catches up & exposes all the carrot dangling HOGWASH:

To say that an R/S is the “worst thing” is mistaken. The “worst thing” would be for the company to be unable to carry on or meet its obligations with sufficient professionalism so as to justify its relationship with top retailers. A company’s ability to continually reinvest in practical things that support such retailer listings is a requirement of doing business with them. We have several excellent relationships that must be maintained to a high standard of reliability – supplier to customer.

To date, Winning Brands has endured the inefficiency of raising capital under exempt offerings in the Pink Sheets environment. The options are limited and they are expensive, but it is a place to start. Historically, most ventures that started in the non-reporting issuer space of Pink Sheets did not make it to the next level up. They were either unable or unwilling. It’s difficult.

However, when the business becomes a fully reporting issuer quoted on the OTCQB (as a next logical step) – doors open to friendlier financing. There is no dispute about that within the investment community. Fully reporting status removes barriers to positive options

Amongst our peers, Winning Brands is known to be serious in purpose, determined in its mission and far better than most in shareholder communications. Moving up to the next level is what our shareholders need in order for new momentum to be realized. Accomplishing this will be beneficial for the company in many ways, which in turn can be reflected in market cap. The impact of a R/S can only be assessed some time after the fact by examining the long term impact on market cap. The “typical” R/S in the Pink Sheet space is not the only available model.

Beyond the “hype” on the subject of R/S’s they do not have to be disastrous. Much depends on the motive, the context, the specifics, the subsequent events. Cynical R/S’s are a lazy way to increase the share price. A company embarking on the path of registration is not lazy