Winning Brands Corporation (WNBD)

[satter]

Them the facts. Opposite of Balderdash!. It shows Eric, estimated spent $25,000 on a Reg A with zero benefit and likely spent more. That was on the first offering. Then he tore that up and wrote another one. How much did that cost and with zero benefit. Yet he promoted it as huge benefit to be able to reduce debt, to satisfy his creditors, investment lenders and commercial lenders. Disaster. That's what.

It was part of his big Financial News that is a sticky here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170433192

$WNBD - Huge Gesturetek financing news:
NOV 10, 2022
Winning Brands Financing Discussion
By Eric Lehner in Uncategorized

In it Eric relies on the Reg A as part of his Financial strategy where he says this:

The existing Winning Brands Regulation A+, which as already been approved by the SEC, will enable Winning Brands to reduce its debt. Winning Brands is committed to addressing and satisfying its creditor arrangements, including investment lenders and commercial lenders. The cooperation of such creditors is immensely appreciated and is a contribution to the aforementioned plans that are so beneficial to WNBD shareholder interests.

There is no obligation by Winning Brands to issue the maximum number of shares allowed under the existing Regulation A+. Furthermore, the pricing of the Regulation A+ offering may be amended through a revised SEC filing. Therefore, a stronger WNBD share price will be possible as the reality of GestureTek’s implementation takes hold and is understood. Cooperation between WNBD stakeholders in all financing matters will yield optimal results. WNBD management is grateful for such cooperation.

That's Balderdash!. Eric just posts words that sound impressive. That financial plan had so many holes in it.


Enjoy your weekend.