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Re: puppydotcom post# 171540

Friday, 08/12/2011 10:04:54 AM

Friday, August 12, 2011 10:04:54 AM

Post# of 241042
I only saw a few post about that part of the subject matter, so I must have missed the screaming. Although all shareholders here realize capital funding is ongoing at the current time, there was no reason for Eric to mention it in the blog. The blog simply stated part of the attraction from GSA towards WNBD was the fact they carry no re-payable bank debt on their books. Nothing great, certainly nothing bad, but it seems we are moving closer and closer to achieving the huge goal of becoming list by GSA, and that's the great news!!!!

So, out of this important part of the blog, and the reason for the blog, the only thing to comment on is "we don't owe the bank money" lol. It's important to keep that statement in context.

An important step forward, yesterday. We were informed that our company has satisfied the Financial Analysts who are part of the vetting process. We have demonstrated financial responsibility, adequate credit history, sustainable supplier relationships, competent operational structure and a beneficial preference in financing activity for capital over bank debt. Winning Brands does not owe any bank, any money.



and now has the board in a screaming mood .. claiming ' WD .. owes no banks