Winning Brands Corporation (WNBD)

[ORCA]

Well,do you have 100 million yet??If not then do not worry about the 5%.Also if they dilute all 5 Billion then you need to own more than 250 million to file.So you got a long ways to go to Worry about been a 5% or more owner.Read below Both Forms 13D and 13G.So you are aware.


Schedule 13D is an SEC filing that must be submitted to the US Securities and Exchange Commission within 10 days, by anyone who acquires beneficial ownership of more than 5% of any class of publicly-traded securities in a public company. A filer must promptly update its Schedule 13D filing to reflect any material change in the facts disclosed, including, among other things, the acquisition or disposition of 1% or more of the class of securities that are the subject of the filing.

What Does Schedule 13D Mean?
A form that must be filed with the SEC under Rule 13D. The form is required when a person or group acquires more than 5% of any class of a company's shares. This information must be disclosed within 10 days of the transaction. Rule 13D requires the owner to also disclose any other person who has voting power or the power to sell the security.

Once the disclosure is made to the SEC, the company and the exchange(s) on which the company trades are notified of the new beneficial owner


What Does Schedule 13G Mean?
An SEC form similar to the Schedule 13D used to report a party's ownership of stock that is over 5% of the company. Schedule 13G is shorter and requires less information from the filing party. Ownership of over 5% in a publicly-traded stock is considered to be significant ownership, and therefore must be reported to the public.

To be able to file a 13G instead of a 13D, the party must own between 5% and 20% in the company. It must also be clearly understood that the party acquiring the stake in the company is only a passive investor, and does not intend to exert control. If these criteria are not met, and if the size in the stake exceeds 20%, a 13D must be filed.