Winning Brands Corporation (WNBD)

[Dennisb68]

From Yahoo board.
Let's look at it a little more objectively shall we?
OS now 1.4 billion shares
Market cap: 1400000000x.0148 = $20.72 MILLION

Is the company worth $20.7 million???
Cash: $4,325 ouch
total assets: $810,104
But this company is just drowning in red ink:
liabilities: $millions (~5)

Revenue $500k
Losses $millions (~5)

Bottom line:
Even a generous offer would pay only about $200k for this business - not $20 Million
The debt will force the issuance of even more shares - soon
Eric will have to take on even more debt for his add campaign, whatever that is.

See you at .0001 and don't be surprised if you see a RS soon.