Winning Brands Corporation (WNBD)

[Black Beerd]

Dave, on so many levels WNBD fits that criteria its not LOL by any streach. When your as deeply in debt as he is (thru dilution) and you have ZERO collateral its not rocket science to figure this out. It gets hard defending the defenseless isn't it? Your points being made are to weak to respond to. The DTCC smells the problem and they deal with it. Its a black eye not matter what. You really need to study toxic financing closer and R/S's. WNBD looks right now as though they don't even qualify for that with just about all shares diluted. What isn't holding water here is the CEO and company. Its a sieve for shareholder value and 9 mil has already passed thru. His time is up and cash is gone...we can bantor all day but the facts remain.. .0003-4 and a chill and dilution and not enough revenue to sustain this company.

toxic loan does not have sufficient collateral to meet the outstanding debt obligation when the borrower defaults. The lender is left with a large loss on the balance sheet and no way to recover the debt

Read more: What Are Toxic Loans? | eHow.com http://www.ehow.com/facts_5953340_toxic-loans_.html#ixzz1oeacmi1I


http://www.hotstockmarket.com/t/61503/toxic-financing-in-depth