Tuesday, April 12, 2011 7:25:02 PM
Shareholder Question: Uplisting or Enhanced Reporting Status
Uncategorizedby Eric Lehner
.QUESTION
What is the company’s position on getting off the pink sheets/otc and moving to a larger stock market?
ANSWER
As the company’s business operations improve and justify the participation of increasingly senior figures in the investment sector, so too our options will be re-examined. I would like to replace Regulation D, Rule 504 financing with other forms that are available to reporting companies, however the cost/complexity of reporting status for us is still being evaluated. Winning Brands demonstrates that it is continuously improving what it does. Our goal is to emerge from the earliest and most vulnerable stage of publicco arrangements to something more mature, with all that this entails. It is important not to rush headlong into commitments along these lines that are inadequately thought through. I have recently increased the intensity of my enquiries along the lines of elevating the company’s stature and ensuring that our circumstances suit such advancement. It is easy to make false assumptions about the advantages of doing what you ask about. We must be wise in the question of if/how/when this is dealt with. High calibre advisors are being brought into the discussion about this issue,now that the prospect of a national U.S. retailing footprint for Winning Brands is becoming increasingly real.
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