Winning Brands Corporation (WNBD)

[doogdilinger]

Hundreds of penny co's have issued cash and/or shares for services rendered over the years...only to later find out that many of those same people were out promoting the stock.

Which is why when one receives compensation in any form for any services provided to a public company it's logical that if they're also going to promote that stock on message boards to find out how much they've been compensated and in what form...so readers can objectively deduce for themselves what they feel about the information provided.

For example...a few years ago a large percentage of OTCBB co's were handing out millions of S-8 shares for services rendered...only to find out that the services rendered was actually non-disclosed stock promotion.

And nowadays with most penny co's being pink instead of otcbb...several pink co's hand out discount shares in lieu of debt. But how many of the discount paper debt players actually disclose that the reason they're promoting the stock is so they can dump their discounted paper on the unsuspecting because they never legally disclose?

So the reason full and legal disclosure laws are in place for any and all forms of compensation covered/received...is so an objective determination can be drawn by readers of any info provided by any person who's received any form of compensation from any public co's they've rendered services for.

After all anyone could get paid off in cash or shares by a penny company and say they're sweeping the office floor each week...but if they're also promoting the stock in public forums I doubt the SEC would believe that the compensation received was solely for sweeping the office floors once per week which is why rule 17b was created glta